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
Topic: Tesla's building a solar roof , It can be a good days for bitcoin miners? - page 4. (Read 2355 times)
November 05, 2016, 11:08:09 AM
November 05, 2016, 11:03:48 AM
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/
see reference link below:
https://techcrunch.com/2016/10/28/these-are-teslas-stunning-new-solar-roof-tiles-for-homes/
This innovation will not benefit bitcoin mining; not even in very hot countries with expensive electricy (though I don't believe there is that correlation). When you buy bleeding edge tech for electricity generation, you are bypassing economies of scale. The result is very expensive electricity. It's great for wealthy people who want to call themselves "green" while still purusing wretched excesses.
Maybe with hefty government subsidies... but I have serious doubts.
Currently price is very high to setup this solar roof and start using it so it will cost miners more than setting up normal solar panel. However as tesla have already shown this can be built, there will be more market competition so that price may get lower in future and even bitcoin miner will start running mining rigs over solar roof full power that may make mining more profitable than right now using high cost electricity.
Anyways I did not say also that the miners could benefit by now. I know for some time if the supply grows up the price goes down. On the other hand, I think big whales can still try to risk see if the get the desired result.
November 05, 2016, 11:02:53 AM
country in which the temperature is quite higher. Usually, countries that are hotter electricity cost is also much higher.
if it is only a matter of price then maybe you are right but for solar panel usage you only need solar energy (a clear sky to see the sun) and it has nothing to do with the temperature although hotter countries have more clear sky and sun exposure but it is a strange thing to say.
and i think this is great but it is one of those things that we are too far away from seeing it in real world applications and be used.
November 05, 2016, 10:56:22 AM
Currently price is very high to setup this solar roof and start using it so it will cost miners more than setting up normal solar panel. However as tesla have already shown this can be built, there will be more market competition so that price may get lower in future and even bitcoin miner will start running mining rigs over solar roof full power that may make mining more profitable than right now using high cost electricity.
November 05, 2016, 10:54:04 AM
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/
see reference link below:
https://techcrunch.com/2016/10/28/these-are-teslas-stunning-new-solar-roof-tiles-for-homes/
This innovation will not benefit bitcoin mining; not even in very hot countries with expensive electricy (though I don't believe there is that correlation). When you buy bleeding edge tech for electricity generation, you are bypassing economies of scale. The result is very expensive electricity. It's great for wealthy people who want to call themselves "green" while still purusing wretched excesses.
Maybe with hefty government subsidies... but I have serious doubts.
November 05, 2016, 10:39:54 AM
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/
see reference link below:
https://techcrunch.com/2016/10/28/these-are-teslas-stunning-new-solar-roof-tiles-for-homes/
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