Quote from: jmigdlc99 on September 06, 2018, 05:38:09 AM

Quote from: makemininggreatagain on September 06, 2018, 05:25:57 AM

One other option. Get some big electric extension cords / net metering and sell that 20 kw back to the grid

20kw at 12 cents per kWh is about 21,000$ a year. You wont get that though depending on local laws you might on net metering plans

25 x l3+ antminers in free electricity of 20 kw earns about $15k right now less cost of 25 antminers ($3k used on eBay) So net $12k year one

You are better off selling the electricity to neighbors if you can back feed it some how like solar net metered services include

If you go crazy and put out in some bigger miners that cost way more up front and longer roi maybe you can out pace that for profit of just selling the the electricity

Sell back electricity to the person who gave it to you for free!

This is actually an awesome idea in theory. Not sure how and why power companies would allow it though, because even with solar net metering setups, the power companies are thorough and inspect the power feeds because obviously it could affect them negatively as well.

But most likely the OP doesn't really have free electricity and sooner or later it will bite him back in the butt.

How cynical Shocked

Quote from: makemininggreatagain on September 06, 2018, 05:25:57 AM

One other option. Get some big electric extension cords / net metering and sell that 20 kw back to the grid

20kw at 12 cents per kWh is about 21,000$ a year. You wont get that though depending on local laws you might on net metering plans

25 x l3+ antminers in free electricity of 20 kw earns about $15k right now less cost of 25 antminers ($3k used on eBay) So net $12k year one

You are better off selling the electricity to neighbors if you can back feed it some how like solar net metered services include

If you go crazy and put out in some bigger miners that cost way more up front and longer roi maybe you can out pace that for profit of just selling the the electricity

For example 60 x z9mini is about 20 kw. Thats about $50k up front shipped. And daily profit dropping fast Id expect an average around 3$ a day over 12 months best case. That puts at about $1k income per miner I know today th looks great at 10$ to 15$ daily. Its dropping fast and avg 12 Month income
daily could be under $1 due to difficulty in a few months. Its a gamble you roi at all even with free electricity based on past antminer releases the last 12 months - and you have to spend a lot to find out versus that used eBay l3 antminers I suggested is guaranteed slow grind profit. Even if litecoin dificulty grows you will roi that hardware when bought used

Thanks for all the opinions.

Selling back to the grid isn't an option. The owner is also looking to invest in mining with an eye on the future. This isn't located in America either, so the Feed-in Tarriff isn't as high as selling back to the Electricity company at $.012.

In the meantime the idea is to maximise the returns from the hydro. The z9's are definitely up there for ROI but longevity is a concern. I'd be able to put a hell of a lot more z9's in the L3's which would definitely generate more income in the short term.