DZC's avatar
DZC 1 year ago
You are thinking on it in the wrong way: - It's not installing solar to do home mining. - It's using home mining to consume your wasted or unused solar energy. It's not about building a mining operation in your house. It's about making more profitable your solar installation while helping the decentralization pleb-mining. So, for your opex calculation your energy costs are zero, as you are going to consume unused energy. The good old S9 has a breakeven of $0.04/kWh right now, operating in efficient power range ofc. A pair of them can chew up something between 10-15 kWh per day, that could be $0.4 or $0.5 a day. You are not going to be financially independent with that, of course!! ๐Ÿ˜Š But in a few months your (small) miner capex are paid, and your mining rewards would be 100% profits, although small! ๐Ÿ˜ You can scale this up with newer miners adapting to your wasted energy case, or reuse the produced heat to help warming up your house. Btw, buying Bitcoin is not exclusive to home mining with wasted solar energy, of course! ๐Ÿซ‚

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that means you overpaid on solar, if you have 10kWh day excess (even sometimes), you paid good 15k for energy you don't need and can't store. so the cost is not zero, you overbuilt the solar farm. if you have the system set correctly, you don't have much excess you can't store, certainly not 10kWh per day, even if there are some exceptional days. also, in many countries, there's a limit of 10kWp, if you go more than that, you enter into commercial producer area - regulations, taxes, ...
DZC's avatar
DZC 1 year ago
As you said several times, batteries duplicate energy prices rn. Imo, it's cheaper to 'overbuild' in kwp to guarantee that even not the best productive days you produces enough energy. Solar panels are really cheap right now. By the way, what I've said several times is that home mining is a perfect match to consume your unused solar energy. If you don't have wasted energy, good for you, home mining it's obviously not for you. ๐Ÿซ‚
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