Pages:
Author

Topic: Tesla's building a solar roof , It can be a good days for bitcoin miners? - page 2. (Read 2355 times)

member
Activity: 110
Merit: 10
The Commercial Real Estate Coin
What are your thoughts on wind trees? It seems like an alternative to solar.

Wind Trees Video
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Well you do all have your point of view but i still can see this as much better way of mining,, in addition to this thread i saw something relevant another user found something good

Note: it is BITMAIN  and one of the largest data center and other thing they call eat as a high standard mining which is the primary source of energy is from the wind or the solar ,, think twice then  Wink

https://bitcointalksearch.org/topic/worlds-third-most-powerful-data-center-for-bitcoin-mining-1672708
if you can get a government grant to set up solar panels to be self sufficient with no costs to yourself, then yes go solar. but if you have to buy it and install it yourself.. forget it.

I sadly confirm the above.
Really, forget about setting up your own solar roof if you don't get any gov grant. It sounds crazy but it is very difficult to unplug from the national grid.
If something bad happens then there's no insurance or coverage or even help if we decided to be off the grid.

indeed, even a lot of solar panels are worth over a thousand dollars it's can disappear just for some second.
https://bitcointalksearch.org/topic/--1667666
hero member
Activity: 910
Merit: 500
Well you do all have your point of view but i still can see this as much better way of mining,, in addition to this thread i saw something relevant another user found something good

Note: it is BITMAIN  and one of the largest data center and other thing they call eat as a high standard mining which is the primary source of energy is from the wind or the solar ,, think twice then  Wink

https://bitcointalksearch.org/topic/worlds-third-most-powerful-data-center-for-bitcoin-mining-1672708

no bitmain are connected to the national grid.
the national grid are then connected to solar farms and windfarms

the solar panels and windfarms are paid for using government taxes to electric companies. as a grant. thus its "cheap" for the electric company as they did not need to cough up much to set it up

but if bitmain or anyone was to independently set up their own solar farm to be self sustainable and off-grid.. the costs compared to paying on-grid are not cheaper.

if you can get a government grant to set up solar panels to be self sufficient with no costs to yourself, then yes go solar. but if you have to buy it and install it yourself.. forget it.

even if you can get 'free' panels and free installation. the amount of roof space then limit what can be powered. so dont think you can rack and stack loads of units just because you have a roof of panels

So are you going to agree with ne that this panels really has a potential for miners right?  I also believe that they could provide a lesser solar roof panel size, if then small miners can allocate the platform. Lesser panel size means lesser cost but i do have to agree with you that it would be more beneficial if the government can help you
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
So would you buy Elon Musk's solar roof for your own house needs and not for crypto mining? He said one powerwall battery is enough to satisfy the energy needs of a 4 bedroom house if I am not mistaken. Well the initial costs of battery + tiles would be approx. $10 000 and above but in the long-term that should pay for itself, right?
legendary
Activity: 2310
Merit: 1422
Well you do all have your point of view but i still can see this as much better way of mining,, in addition to this thread i saw something relevant another user found something good

Note: it is BITMAIN  and one of the largest data center and other thing they call eat as a high standard mining which is the primary source of energy is from the wind or the solar ,, think twice then  Wink

https://bitcointalksearch.org/topic/worlds-third-most-powerful-data-center-for-bitcoin-mining-1672708
if you can get a government grant to set up solar panels to be self sufficient with no costs to yourself, then yes go solar. but if you have to buy it and install it yourself.. forget it.

I sadly confirm the above.
Really, forget about setting up your own solar roof if you don't get any gov grant. It sounds crazy but it is very difficult to unplug from the national grid.
If something bad happens then there's no insurance or coverage or even help if we decided to be off the grid.
All these things led me to forget about unplug my house from the national grid. I simply had no choice
legendary
Activity: 4424
Merit: 4794
Well you do all have your point of view but i still can see this as much better way of mining,, in addition to this thread i saw something relevant another user found something good

Note: it is BITMAIN  and one of the largest data center and other thing they call eat as a high standard mining which is the primary source of energy is from the wind or the solar ,, think twice then  Wink

https://bitcointalksearch.org/topic/worlds-third-most-powerful-data-center-for-bitcoin-mining-1672708

no bitmain are connected to the national grid.
the national grid are then connected to solar farms and windfarms

the solar panels and windfarms are paid for using government taxes to electric companies. as a grant. thus its "cheap" for the electric company as they did not need to cough up much to set it up

but if bitmain or anyone was to independently set up their own solar farm to be self sustainable and off-grid.. the costs compared to paying on-grid are not cheaper.

if you can get a government grant to set up solar panels to be self sufficient with no costs to yourself, then yes go solar. but if you have to buy it and install it yourself.. forget it.

even if you can get 'free' panels and free installation. the amount of roof space then limit what can be powered. so dont think you can rack and stack loads of units just because you have a roof of panels
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
electricity has never been the biggest problem.

tiles are also not free.
so although you are not paying a monthly electric bill you are either repaying a loan to have the panels or paying a larger amount upfront to then get the savings (returns) later.

the main costs are the asics themselves

afterall..  due to hashrate rises every day, and difficulty rises every fortnight. its deemed best to try and get ROI within 6 months.


so even at zero.. you are still having to think about the.. THOUSANDS of $ to buy the tiles.
as for normal access to electric
one asic
at 20cents/kwh for 6 months electric = $900
at 10cents/kwh for 6 months electric =$450
at 5cents/kwh for 6 months electric = $225
and the $1600 to buy an asic

so paying thousands on solar power vs $225-$900 using normal electric providers is not a saving.

solar panels are only cheaper based on their 10 year lifespan, not on making bitcoin profits in 6months



In some countries the tiles are subsidized by the government, because they either do not have the capacity to supply enough electricity or they want to go "Green". They can just redistribute Carbon tax for this purpose. So the ROI on these tiles might be quicker for some, if they qualify for these tax subsidies. ^smile^

In the end, if you pay off the cost of these panels, you get a asset < that generate free electricity > as a reward for your effort, where other people have nothing and has to pay electricity bills. ^smile^   
hero member
Activity: 1806
Merit: 672
Theses might be good for Tropical Countries in terms of cutting costs, but when you compute your expenses and the bitcoin you earn you still might need to reconsider before buying solar panels. Because unlike regular electricity, solar panels are expensive and not to mention about the needed regular maintenance for them to work properly. I would rather not go with solar panels if I am a small time miner.
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Only long term miners would use a solar panel power since it takes many years to get your ROI but it is worth it. Also many factors to consider including direction solar panels are places and their height and the weather.
hero member
Activity: 910
Merit: 500
Well you do all have your point of view but i still can see this as much better way of mining,, in addition to this thread i saw something relevant another user found something good

Note: it is BITMAIN  and one of the largest data center and other thing they call eat as a high standard mining which is the primary source of energy is from the wind or the solar ,, think twice then  Wink

https://bitcointalksearch.org/topic/worlds-third-most-powerful-data-center-for-bitcoin-mining-1672708
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
ok lets think of it from another angle

the physical size of the panels

EG imagine a 1 metre square panel offered 350w/hour over 24 hours (average numbers dont knitpick)
for every 2metre square panel of roof space (4 panels) you can only run 1 ASIC.

good luck trying to rack and stack asics if your roof has a physical limit


And that assumption is not including about the other factor outside of the intern factor, I mean behind of the intern factor we need for picking the outside factor. I ever heard if someone is said the solar panels are not having any enough immune for a meet against the storm. and basically for some statement the purpose of the solar panels are for decreasing some of the spending cost about the electricity(savings amount).


But your short speculation totally right.
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
Any violent reaction for this one? Honestly, this is very interesting especially if you do live into a place or certain country in which the temperature is quite higher. Usually, countries that are hotter electricity cost is also  much higher.


see reference link below:
https://techcrunch.com/2016/10/28/these-are-teslas-stunning-new-solar-roof-tiles-for-homes/

We really don't know if it's really going to benefit those who wants to mine in tropical countries,since there's still no price,and people in that region will have to pay for shipping and will hire people to install it.But this is great innovation.
legendary
Activity: 1134
Merit: 1599
For now it maybe is, but in a few years the required energy will be so high that we will not be able to sustain our energy for free from these solar powered roofs. Even now it might be impossible for some people like big miners. You need a lot of solar panels to run just one PC.
legendary
Activity: 4424
Merit: 4794
ok lets think of it from another angle

the physical size of the panels

EG imagine a 1 metre square panel offered 350w/hour over 24 hours (average numbers dont knitpick)
for every 2metre square panel of roof space (4 panels) you can only run 1 ASIC.

good luck trying to rack and stack asics if your roof has a physical limit

full member
Activity: 224
Merit: 100
The trend with Tesla has been to pump a product to get endorsements and funding and then proceed to either give a product with glitches or fall backwards.
Almost get the feeling they need money constantly coming in to be innovative in the manner they are trying to push.
When they blewup that last shuttle with Zuckerburg's pet project in it,the blow back was pretty telling and it could drive a rift in the future when they are seeking funds.

To get involved in Solar means they have enough money to get around the lobbyists and have a inside track to proceed. I really doubt the utilities racket are sitting there waiting for Tesla to walk in and strip their profits down to nothing.
Innovative but a long way from establishing a foot hold.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
Solar electricity - even if it is generated by larger power plants - is more expensive than conventionally generated electricity by a significant order of magnitude.

generation of electricity using solar is actually cheaper than any other method, maybe competing with using wind method but nothing else. you are thinking about the initial cost of buying the panels not generating electricity. and we are moving towards better (more efficient) panels with less cost these days.

http://solarcellcentral.com/cost_page.html
hero member
Activity: 910
Merit: 500
in short
bitmain are making a new mining facility.. and guess what.. not a single solar panel will be there
so if bitmain cant see solar panels as a cost saving.. forget it

That s because electricity s either heavily subsidized or even completely free of charge in China. Why would they invest lots and lots of money into solar panel when they can the same result using traditional and significantly cheaper options.

Well it's a good thing if you are in china or a place which electricity price is lower. But i  think that this could really be good in the near future especially in a country which i live. I think Tesla just created this one so it could be costly of course bitmain won't bother.
hero member
Activity: 854
Merit: 500
Have seen about this even in my local newspaper in bold heading however we may have to wait 5-6 more years to see this being profitable for miners. Concept is nice, lets see how better and cheaper this can be in future.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
I was in Nikola Tesla museum, it`s amazing how much he was ahead of his time. They said something when I was there, when he arrived in New York, just 52 homes had electricity. He have many patents from that field, so this solar roof is probably better then the ones before.
There is lot of energy from sun and other things in nature, like thermal waters, winds, storms, moving toward clean energy would be smart way for this world. This can be good not just for bitcoin miners, for everyone of us, including nature. I just don`t know how much affordable will it be, this new inventions are expensive in the beginning.
legendary
Activity: 1806
Merit: 1024
Solar electricity - even if it is generated by larger power plants - is more expensive than conventionally generated electricity by a significant order of magnitude. And economics are much worse for small scale solar units like the ones proposed by Tesla. Purchasing costs are prohibitively high. Tesla is designing a consumer product for environment-conscious individuals and users of their cars which generates money for the company. That's why they decline telling the prices... I think it's an innovative product though. It might be an attractive option for newly constructed homes.

I think the best prospects for Bitcoin miners might come from utilizing the generated heat. High-temperature mining chips could be used in coffee machines, toasters or even infrared heaters / therapeutic products for example.

ya.ya.yo!
Pages:
Jump to: