/bitcoin mining general/

how the fuck is it still proditable to mine for you guys with this much competition? donyoubsteal your power??

>That basically ends up being your leveraged rate per kWh.
What do you mean by that? If you pay 10c kwh, you will get rekt longterm. If you pay 3c kwh you will always be profitable mining.

If you get an industrial machine you are going to profit, unless your rate is insanely high, it is what the big boys use.

I pay 0.055c /kwh

Time to mine I suppose

Solar pannel or hydro for example

including costs of operation, housing, other equipment and such. That's what it means, depending on scale the extra cost per kWh can vary, so, how much are you intending to invest in USD?

Nice. Where are you from? How come you get such cheap rate?

my total costs end up giving 0.071 USD/kWh

I see, correct. Infrastructure is the easier part imo. You can basically setup or buy a customized container which can fit up to 300 miners with the needed cooling. Im not investing anything before i dont close a 0.04$/kwh deal somehow.

cost of power is inversely proportional, buy more get better discount, so that's why I ask how much you are generally willing to spend, I could give you a ballpark estimate on that number.

In from the US
I’m just lucky to have my states lowest energy rates in my area

Oregon/Washington?

0

You can easily get an industrial contract for under 0.04$ kwh. Just locate your cointainer near a windfarm, hydroelectric is already crowded, solar locations are typically too hot/ more expensive. You’ll probably need to be drawing a MW however.

Do you have any info regarding solar panels? Its a big investment but after a year or 2, you basically recoup your money and from there on you have zero electricity costs. Those panels have 10 year warranty.

windpower is intermittent energy, you can get a good rate during high production but have to buy back from the grid during low production, so you'll have to deal the transmission tariffs also

>tfw have location with fixed monthly power bill
>tfw too late to the mining party

Im from a sunny 3rd world shithole. I have 2 options. Buy directly from hydro sources or setup my own solar panel.

then your answer is obvious, buy directly from hydro it should be the cheapest when you include uptime and capacity usage.

Being a snownigger up-north then it's pretty much hydro and at 100kW+ the long term rate can go below 0.06 USD/kWh (from grid) after you deal with the tax man and such

According to the solar panel guy i talked, a 250k$ panel brings in enough capacity to run 100x 2200w asics a year. Sounds too good in theory imo. We have +250 sun days here though.

It's starting

etherscan.io/token/0x1DcAc83E90775b5f4BC2fFAc5A5749e25acC610D

Attached: 1563232104757.jpg (500x750, 87K)

Not in areas like north texas.

Only during the day, and would want to buy from the grid during twilight/night, effectively you'll only get that power during peak performance, mid-day.

So, if you don't mind load balancing the solar and reducing usage then you'll be fine but that's a period not producing.

You should be able to go below 0.06 USD/kWh if you make a long term contract with hydro, even in a sunny shithole. It's possible here in the nordic countries and they are stupid expensive.

You really do not want to go about building your own power plant ontop of things. Let industries of scale do their thing and get you cheap power. Bring your farm to them and reap the rewards.

It can be fairly stable, but it's not nearly as stable as hydro.

Thank you user

Of course, hydro is just a very crowded market at the moment. I see no sign of that cooling either.

Good luck competing with china. Companies in can get free electricity if they let the chinese gov own their company

Chinese miners have a rate about 0.055$/kwh during hydro months in summer and even more during thermal power in winter.

True, but windpower has the same intermittency problems as solar. If you can't get hydro prices then of course wind is an option, but if you account for buying from the grid you might end up with extra costs just trying to control the power output or something like that.

I buy from the grid (transmission+generation) for a very small mine, about 35 kW, and I land in about 0.071 USD/kWh incl. VAT, which can be tax rebated yearly to average out to 0.059 USD/kWh.

If I were at 100 kW it would be marginally better, it's only when you hit 2 MW and over 7000 hours/year at that power you start getting around 0.038 USD/kWh excl. VAT. (at those sizes you typically get the VAT rebate).

>intermittency
Brainlet question. Cant i simply store the energy produced from solar and use when needed?

cost of energy storage is high, except for hydro, it's the cheapest battery out there.

That is also expensive, adds complexity and costs.

Thanks. Found an interesting article regarding solar and mining.

>Although last summer, reports indicated that Hadouken Pty Ltd wasapprovedto build a 20-megawatt solar farm that will be specifically used to mine digital currency. The mining operation is said to be situated in Collie Australia near a power company called Muja that produces 854 megawatts of electricity. Similarly, if there were a sudden cryptocurrency price downturn and mining wasn’t that profitable, Hadouken could simply sell the power to the grid.
news.bitcoin.com/bitcoin-mining-with-solar-is-less-risky-and-more-profitable-than-selling-to-the-grid/

There are schemes that co-opt with mining, that's not necessarily a bad thing but it usually means special circumstances. I've played around with all sorts of small scale projects but so far just buying from the grid at good rate has been the best choice.

If you are dead-set on operating in a sun blasted shithole, then you can look into solar partnerships, setting up 100-400kW units with someone that has long term interest in solar and buying rest from the grid with a long term contract with a hydro partner for energy generation

Based. Thanks.

Nope just investing in lowcaps.
Ultra/UOS seems to be a sustainable one.
And exchange tokens, like BPRO HT etc

God.

0.21 euro here

F

Do you euros even have any manufacturing business? Power that high would kill anything that needs lots of power to build, like arc soldering etc.