That s quite a lot of energy about a third of the homes in san jose.
Sq feet of solar panel to run crypto miner.
Of course it s theoretically simple to convert solar to electricity and use electricity to mine alt coins.
Btc keychain flickr cc by 2 0.
The site was founded in 2017 and its main goal is to provide crypto financial intelligence to miners investors and all people that are interested in crypto currencies.
Cost for one s9 is 1225 landed on your door in the us.
At the same time there are plenty of ways you could have lost money too.
I make about 300 profit on each miner by reselling it used.
The budget is not an issue but i d rather run a little mvp in order to project and ensure a healthy roi.
In most places in us the power from solar energy you can get on an average day is about 5 kwh m 2 day 1.
But it s a business engineering problem to determine if it s a money making proposition.
Crypto coinz another cryptocurrency mining profitability calculator.
Solar panels provide inexpensive power.
In a hot climate the cooling costs might offset the abundance of solar power i don t know this just throwing out things to consider.
I make 007 btc per day from each miner.
Bitcoins are not a good choice for beginning miners who work on a small scale.
We are a young team of developers and security experts based in the eu.
Strengths i live in one of the top 3 countries in america for harnessing solar power.
If you had started mining bitcoins back in 2009 you could have earned thousands of dollars by now.
Mining operations with the tools and resources to be able to set up solar powered rigs in the desert are finding that it is a good investment.
That means that the wattage you get out of the solar panels is aro.
This is about 18 per day at the current price.
I own a little more of 2 acres of land just outside the city with great isolation levels and a pretty cool environment most of the year.
And as solar plants come on line in amounts that exceed the baseload generation plus the solar power some power must be curtailed or sold at negative prices.
Calculations based on eia data reveal that the average us household consumes about 1 2 kilowatts of power meaning that 343 megawatts would be enough to power 285 833 us homes at the time of writing may 2015.
Let s go with that number and assume you live in a sunny ish city in us.
Bitcoin mining on s5 antminer with solar energy using ten 100w poly solar panels to a 60 amp controller putting in 29 amps to my battery bank to cobra 3000watt inverters 115volt pulling 6 amps.
I can buy and sell these miners every time there is a production run from bitmain.