Hi,
thinking about starting a Solar Powered Mining Farm.
What devices do you think would suit such a farm best? I was thinking about a combination of ASICs and GPUs if we can get them at a cheap price.
Which ASICs could you recommend? We have a budget of let's say 300k €. The Electricity should be coming from Solar Panels and at night we draw from the power grid.
I thought about running devices at different algos and not only one. Is this good? Or should we just run 1 Algo?
Also when running that many devices is it better to run them in a pool, as solo miners or host our own pool and point them all to mine there?
Thanks in advance!
I run an ASIC mining setup. I have looked at solar and I struggle with it. In Texas, we have 7 hours of strong solar output. The cost of a 13000 annual kw array was like 44k USD. When looking at the cost of the array, the limited output and then the space, I couldn't go there. If you are using Euro's, then I hope you in the southern, sunny part.
Instead of building my own renewables, I am focusing on hosting locations that have renewables (hydro, wind, etc.) and hosting them there. I have found wind in Iowa, and Hydro in South Carolina. I know France and Lithuania has hosting from nuclear and wind too. So if you are going to spend that kind of money, my recommendation is to find a hosting farm and use that money to buy rigs (even in Iceland). I wouldn't try to offset your own use with a private solar farm. It can be done, but you need amps! and there are big questions about the future of GPU mining. Like I said, I run ASIC's for BTC (and other) but mainly S19J 100Th. Run the number 8000X before you jump down that path (or build a windmill for cheaper!)