Solar Panel Bitcoin Mining Reddit

For example reddit user cadese claims he is using solar panels to reduce costs significantly stating.

Solar panel bitcoin mining reddit.

Consequently some miners are now using solar energy to run their operations. You might be interested in bitcoin if you like cryptography distributed peer to peer systems or economics. There is no government company or bank in charge of bitcoin. Less risky and more profitable than selling to the grid the energy used to mine bitcoin has long caused debate over whether it s a wasteful process.

We will be reviewing hydro turbines and solar panels for bitcoin crypto mining farms and if it is profitable to mine crypto with renewable green energy. Bitcoin mining with solar. Bitcoins are issued and managed without any central authority whatsoever. Subscribe for more how much http shorturl at arbhl so many subscribers asked me about solar so here you go fully solar mining rig off the grid with int.

If bitcoin goes to the moon the profit will be better with buying than mining though. Not only does my house get heated but i cut the mining cost by 75. I just installed solar panels to run my miners during the day. Op s mining business plan relies on bitcoin being priced at at least 2000 and increasing in value over time.

Voskcoin reddit https www reddit. Bitcoin mining is forcing me to go solar power. Op is not purchasing solar panels just to run miners op has solar powered greenhouses and doesn t even need to mine bitcoin to make a profit with his solar system. Bitcoin is a distributed worldwide decentralized digital money.

The s3 is effectively obsolete but off setting it s power consumption by using the free solar electricity artificially increases it s efficiency. I just installed solar panels to run my miners during the day. The antminer cost me about 100 used not 500. Gpu mining is less risky since gpus are more universal.

In case of asic mining the miners are worthless if both bitcoin price tanks or there is a breakthrough in mining that makes the old miners obsolete. This is the same business plan as hodling.