Hi all,
I am looking for advice on setting up a home solar garage mining farm.
I live in Queensland Australia where it can get very hot at times but great for solar energy year round except for the season.
- My garage is hot most of the time of the year, will I need to get it insulated and make it temperature controlled?
- I already have solar on my roof producing 6.17KWh today with a power of 1903W.
- I am willing to cover my roof with more solar if it means saving electricity.
- My solar currently does not have batteries to be stored in for nighttime use, it is just on-grid.
- I primarily just want to mine bitcoin, would recommend just bitcoin or move into altcoin mining using an FPGA miner?
- Should I turn my system off during the rainy season when there will be less sunlight and no profit?
- I have all the funds to start this venture but know that it could be a gamble if the market crashes or unexpected events happen.
- how many miners should I setup to start with?
- what is the best brand miner to go with?
- would it be smarter to buy old used miners and even some damaged ones and fix them cheaply to use for miners too?
Could this be a good new years resolution project to get started? I know the halvening is coming up this May 2020 meaning it will be even more difficult to mine but could it still be worth my while?
Thanks for all the opinions and thoughts you may have.