Post
Topic
Board Mining
Re: Venezuela bans crypto mining
by
stompix
on 21/05/2024, 12:55:17 UTC
Can solar power able to mine bitcoins/ Crypto Strongly?

Off-grid with no batteries? NO!
The cost of solar panels and batteries that need to offer you at least a day of power to avoid bad weather on top of normal dai/bight circles is just too much, and mining with gear only during peak sun times means you're going to have to double or triple your ROI period (at least), plus you're ging to face every day problems with load balancing, so you either overbuild so more investment or our risk shutting down at the smallest variation

Oh my god! Venezuela, a country that ranked 177th among the 180 countries (Corruption Index), confiscated 2000 mining device

11 000! The numbers keep growing  Wink
They need a scapegoat for the power failures.