Hello people
i have solar power installed in my house and lets say i have about free 500w that i can spend to a rig (with more than 500w i would spend more than i produce)
i have two options
A) i can sell the extra power that i produce back to the electricity company thats about 1000smth euro per year or 100-120 per month and thats a stable profit
b) i can use all the remaining free kW to mine something
what would you do if you were me?
thanks in advance
500w solar power only manage produce 2,5kw/day at most so 2,5 x 30 =75kw x 0.1$ = 7.5$ monthly thats the truth
just if you can produce 82kw/day using antminer L7 nicehash scrypt you can get 20$/day,
to be honest to produce 82kw/day you need atleast 82/5= around 17kw sollar cell, and with some lifepo4 batteries to fuel 82kw capacity minimum
all those requirtment cost heavy, and yes you get more profit mining instead if you already had the facility & electricity company paid under 0.2$/kwh
Maybe in his country, the state subsidizes green electricity and energy companies buy electricity at high prices for households. The batteries in the house will be enough for lighting at night, but not for mining, if it is not a lot of batteries. There are many ambiguities here, but if the author does not appear, then he has already made a choice.