Video: Solar-powered Bitcoin Mining farm - page 2.

Betwrong

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Quote from: Borisz on August 03, 2015, 04:08:58 AM

Quote from: Deathwing on August 02, 2015, 12:59:59 PM

I actually liked the built, a lot of people wonder about the "electricity" while they are running miners, ROI will be A LOT better with this.

Could you please explain why do you think this?

The only explanation I can see is that if you get all this solar power system for free.

Considering that a solar power system like in the video might cost around US $3,000 - 3,500 or even more it would be pretty hard to get ROI fast.

tennozer

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Solar panels, charge units and also the batteries need a huge amount of investment. On the oher hand, you need a huge area to setup these solar panels too. If you got enough area space it can profitable with solar energy because your electricity will be free, if you do not think the first investment costs. You can use these solar equipments for other jobs after your mining system is over.

densuj

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I think it is not profitable, but i don't know Huh

Blawpaw

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Using solar Power to mine is the best options to cut expenses with mining. However, it will only be favorable if you already have the installation made and it can produce a good amount of power. otherwise, you wont be able to connect many miners.

Hannu

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Quote from: LiteCoinGuy on July 19, 2015, 12:59:00 AM

Solar-powered Bitcoin Mining farm

https://www.youtube.com/watch?v=9AmMV-Bmhh8

looks complicated Cheesy

I like build everything cool allso

You have own house o.O Are you buy it bitcoin money or are you in day/nightjob?
Personal guestion :I

Undermood

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have a look here https://forum.cryptomining.farm/index.php?topic=2.0
They are doing the same.

miguelmorales85

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Quote from: Amph on July 21, 2015, 01:59:54 AM

Quote from: smoothie on July 21, 2015, 12:39:54 AM

is it me or is this setup just way too complicated? Cheesy

yeah i was imagining at the end many miners connected for all those cables that he put in a labyrinthic way, then you see only one miner, a bit underwhelming

same here... at least he could change if to one S7... but iono

RichBC

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I think it's a great project to show that it can be done. However in practice a very high upfront cost in particular the battery bank which will have limited life.

I think you are better to think of Solar as a separate investment and have it professionally installed so that you can get the Feed In Tariff payments from your supplier. Those payments will probably be better than any money you make mining, and any miners you have plugged up in your house will still benefit from the Solar Electricity you are generating.

Rich

rohlander

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Thats impressive , i never imagined nothing like that Shocked

Jorge320

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Very cool, I like this a a model for something I've been thinking about. "Eco-friendly" mining that has the potential to ROI without constantly upgrading your hardware is an interesting strategy. With solar technology getter better and cheaper this type of setup seems more and more likely.

Cheers!

Borisz

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Quote from: Amph on August 03, 2015, 04:59:21 AM

Quote from: u9y42 on August 02, 2015, 09:18:13 PM

Quote from: Deathwing on August 02, 2015, 12:59:59 PM

I actually liked the built, a lot of people wonder about the "electricity" while they are running miners, ROI will be A LOT better with this.

Well, you do have to take into account the cost of setting up that source of power - if you factor in how much that will cost, ROI will likely be much harder to get. As several other users have pointed out already, it would make more sense to just find a place with cheaper electricity. Tongue

yeah because with a thing like that sostantially you're paying your electricity upfront, so not really free as many think, not to mention that there are maintanance cost like the battery which can last forever, the same for the panels

Well, actually the panels and probably even the battery (if you use such a system, although most likely unnecessary) will last longer than your profitability from your mining gear. Panels last 20-25 years and batteries up to 5-10 years whereas bitcoin itself is 6 years old. Solar power is a long term investment whereas mining is probably short term, perhaps medium.

Nevertheless, you are right about the initial investment and paying upfront for electricity part.

Amph

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Quote from: u9y42 on August 02, 2015, 09:18:13 PM

Quote from: Deathwing on August 02, 2015, 12:59:59 PM

I actually liked the built, a lot of people wonder about the "electricity" while they are running miners, ROI will be A LOT better with this.

Well, you do have to take into account the cost of setting up that source of power - if you factor in how much that will cost, ROI will likely be much harder to get. As several other users have pointed out already, it would make more sense to just find a place with cheaper electricity. Tongue

yeah because with a thing like that sostantially you're paying your electricity upfront, so not really free as many think, not to mention that there are maintanance cost like the battery which can last forever, the same for the panels

Borisz

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Quote from: Deathwing on August 02, 2015, 12:59:59 PM

I actually liked the built, a lot of people wonder about the "electricity" while they are running miners, ROI will be A LOT better with this.

Could you please explain why do you think this?

u9y42

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Quote from: Deathwing on August 02, 2015, 12:59:59 PM

I actually liked the built, a lot of people wonder about the "electricity" while they are running miners, ROI will be A LOT better with this.

Well, you do have to take into account the cost of setting up that source of power - if you factor in how much that will cost, ROI will likely be much harder to get. As several other users have pointed out already, it would make more sense to just find a place with cheaper electricity. Tongue

Deathwing

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I actually liked the built, a lot of people wonder about the "electricity" while they are running miners, ROI will be A LOT better with this.

WalkerIVIV

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solar bitcoin farm are too much complicated to built it by myself

aureuscoindev

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this is neat, but I'd like to know what it cost and if you built it yourself etc. it does look very complex for this little thing. Still like to know the total cost to build, battery life expectation etc. Also would like to know the power output of the solar cells, like peak and off peak and overall real performance. Nice setup though, thanks for sharing

LiteCoinGuy

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@Borisz

yes i think so too (but i cant build such stuff Cheesy

).

i was kidding.

Borisz

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Quote from: LiteCoinGuy on July 23, 2015, 01:30:54 AM

Quote from: smoothie on July 21, 2015, 12:39:54 AM

is it me or is this setup just way too complicated? Cheesy

that is a "copyright trick" i guess - nobody can do this without his explanation Wink

It really depends on how familiar you are with the topic and how much money and time can you or are you willing to invest. You could start off with a much smaller system trying to first power a small USB miner. Ths should not be a hard task for anyone with a basic knowledge about electrical circuits and some hands-on experience with DIY projects and bitcoin.

Also, you can ask on the internet on a range of forums (including this one) for help from other people. If you have a plan in mind (more than "this is interesting, can I do it?") then there will be people helping you.

LiteCoinGuy

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Quote from: smoothie on July 21, 2015, 12:39:54 AM

is it me or is this setup just way too complicated? Cheesy

that is a "copyright trick" i guess - nobody can do this without his explanation Wink

Topic: Video: Solar-powered Bitcoin Mining farm - page 2. (Read 7100 times)