Quote from: philipma1957 on December 09, 2022, 12:48:10 AM

Quote from: Tolosi on December 08, 2022, 11:14:10 AM

Hi,

I am thinking of investing about value equivalent to 1BTC at today's price 16.K in a dedicated solar power panels at my roof and use the energy produced for mining bitcoins.
If I buy second hand miners with 200TH hash power included in the package, how I would calculate time of investment return?

well assuming you can get 10 k-watts for 14000 you only have the power to run

10000/5 =2000 watts 24/7

best case.

or

10000/6 = 1667 watts 24/7. you can get a used s19 for 1500 use braiins down clock it to burn say 2000 watts gives you around 60th

that is 60 x 7 cents = 4.20 a day or 4000 days to break even

that is 11 years.

I also left tons of constants.
7 cents a th in earnings constant
difficulty constant
16k for a coin constant

I left out all the incentives you government may give you for having the solar panels.

Wow that is very long time to just only break even.
I prefer use the money to buy some goods to selling on the marketplace.
Maybe i can lose my money but atleast....
i can learn something how to make money more fast than waiting 11 years mining.