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    BITCOIN MINING WITH SOLAR PANELS – ROI ANALYSIS VS STANDARD ELECTRICITY. MINERS NEW 52 WEEK LOWS!



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    View 15 Comments

    15 Comments

    8. Robert Schmitt on

      You need to find how many hours of solar you will get for your location. In Northern Wisconsin I think its about 4.25 hours. So to run a miner 24/7 on solar you would need a large battery backup and (24/4.25) x as many panels. 68 panels…

    12. Andy Brown on

      I think you're underestimating the cost of the solar install. The biggest issue I see is that you are trying to match 1-1 the total solar panel power with the required power of the miner. Solar will have fluctuations in irradiance and plus your panels will never perform at 100% of their rated output even on the best days so you need to overbuild the solar. I've done some calculations for a buildout of my own and I am planning for the max solar capacity to be about 1.75x the required power for the miners. Don't forget to factor in costs for inverters and racking as these add a good bit of cost. Hope this helps you refine your calculations! It seems costly now but I think a lot of miners that have to purchase their power are going to be unable to operate after the next halving. Miners that can generate their own power will be the ones that stand to profit most as hashrate comes back down as unprofitable miners capitulate. I've been enjoying seeing your journey. Keep it up!

    13. Steven Wistort on

      Can't believe what's happening with the minors. I believe it's all manipulated. Bitcoin will be killed and the minors go with it, or Bitcoin will survive and hope for the minors. The govt. is going to experiment with a digital dollar. I wonder how this can affect Bitcoin Sebastian? Thank you.

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