Contacting the homeowners with over producing PV systems is easy enough.
Where I see a problem is with ROI.
I used a calculator (http://www.bitcoinx.com/profit/) and changed the following variables:
1000 TH/s hash rate
$0.10 kWh energy cost
600,000 w consumption
12 month time frame
3,000,000 hardware cost.
However, i'm reading about people shutting down their rigs because of the current valuation of bitcoins. That leads me to believe that the 12 month net revenue projection of 12,963,681.23 USD is WAYYYYYYY off.
Let's assume for a moment that the cost to find 1000 homeowners willing to host the 1 TH/s systems and the cost to ship and install is low...let's call it variable X, what am I missing here? Why do the numbers calculated on bitcoinx.com seem to differ so wildly from profitability reports from miners on this board?
Where I see a problem is with ROI.
I used a calculator (http://www.bitcoinx.com/profit/) and changed the following variables:
1000 TH/s hash rate
$0.10 kWh energy cost
600,000 w consumption
12 month time frame
3,000,000 hardware cost.
However, i'm reading about people shutting down their rigs because of the current valuation of bitcoins. That leads me to believe that the 12 month net revenue projection of 12,963,681.23 USD is WAYYYYYYY off.
Let's assume for a moment that the cost to find 1000 homeowners willing to host the 1 TH/s systems and the cost to ship and install is low...let's call it variable X, what am I missing here? Why do the numbers calculated on bitcoinx.com seem to differ so wildly from profitability reports from miners on this board?