Post
Topic
Board Mining (Altcoins)
Re: 50kw Solar daytime only Mining Project
by
nc50lc
on 04/10/2024, 04:18:28 UTC
-snip-
However, regardless of your result, you still need to include the additional cost of your off-grid solar system to ROI since the end goal is to build an off-grid farm.
Or is everything already paid just like the additional 40kW panels you have now?
Yes, mostly paid other than more inverters and mounts for the panels.
Okay, I guess the 'Total Off-grid' plan is already laid out regardless of the result of this 50kW solar power experiment.

How about taking a chance in the $160k bitcoin lottery and solo mine it?
Time estimate: 10 years
0.00000194% chance per block isn't too bad.
Time estimate isn't really a good basis since this "10 years" could be the block in the next 10 minutes or the next 10 years.
An extreme example is the miner of block 853742 who only had 3.1TH, reference: /index.php?topic=5237323.msg64356985#msg64356985
But don't take that as an encouragement to solo, just saying that a very low chance has a chance.

Annual ROI: Negative until after the payback period (~3.89 years)
At last, someone who doesn't think that "ROI" is the same as "Capital Return".  ;D
Also, take the gradual increase of total network hash rate in consideration and the next "halving" if it would take more than 4 years from now to ROI.