Post
Topic
Board Mining
Re: Investing in solar power and miners
by
Mr. Magkaisa
on 18/12/2022, 13:29:42 UTC
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?



   -   As per my understanding of what you are saying, you want to mine bitcoin, using solar power to generate electricity when you mine Bitcoin? Why is electricity expensive in the country you are in or is electricity consumption cheap there? If you have a solar power panel you can somehow save on your electricity cost.

Because from the tone of your story mate, it seems that there is an idea that the cost of electricity is also expensive when we mine bitcoin, this is if we first buy the surplus miners that are sold to you. But my suggestion to you, is don't get into that if you don't have enough knowledge about bitcoin mining.