Bitcoin Forum

https://www.youtube.com/watch?v=_BXf_h8tEes

Energy from Google Sunroof + Chip from 21 inc = Free bitcoin mining :)

Cool idea from Google, but what is that of chip from 21 inc, a solar miner?

Mining with solar power would be a great idea indeed.

Except for the part that it tells you what location receives more sunlight, wouldn't it be equivalent to just mining with solar power, which requires an initial investment, and is expensive even without this knowledge ?

Wait hang on, google now has a thing that looks like a solar panel of some sort? This is new to me.

its google maps for sunlight/sunduration if i understand correctly.

its helpful if you want to invest in solar power.

still have to buy the panels and live at the correct location

Is Google selling solar panels now ?

Well Google has been a company in many sectors, with its search engine, email provider, android technology, google glass, world mapping, soft drive in internet, buy Motorola, and many more. Thats why Google become one of the largest companies in the world for now.

They must be factoring in local knowledge of electricity costs too, to be able to tell you your savings.

Yes but the question is, is it worthy at all ? I highly doubt you could earn much bitcoin with it, but 21 Inc will be the one that would actually profit from it.

Mining Bitcoin with Solar Power is much more profitable than using electricity.

Any one already doing this?

I think the equipment for that is more complicated and expensive than electricity, so it will need much more capitals. But, it will give more profit if you use that for long-term mining. The only problem is you have to seek the location which always get sun, which I guess the suitable place is in tropical climate region.

21 inc plans to give away free electric equipment with embedded mining chips.

Oo Where do you get that idea from? You realize that you pay the power cost from the electric company directly but the power cost from the solar panel you pay for 10 years in advance? These solare panels are expensive and you need to calculate their costs against it. And mostly you would run better selling the power coming from it to the electric company than using it for mining.

I know many bitcoiners thought this is a great idea but you need to weight the power costs over time against the cost for the solar power system.

nothing is free when there is tyranny ,  the elite will want their cut.

No.

Mining requires electricity. That electricity should be bought or acquired for the lowest price possible. If solar energy is cheap people should use it! If people who have solar and mine arem't using thrir solar, they're idiots!

Is Google making it cheaper to get solar, a lot cheaper? Probably not... But it's great that they're in the energy game.

Solar Power for a household sure sounds nice. While we are on the topic, why don't we try to power miners using my (non)patented invention:
THE MINER BOILER

... I intended to find a picture of a boiler system and just paste a picture of a miner onto the boiler part, but no diagram made the cut.
Anyway, two birds dead: power and cooling.

As impractical as this is, I can still entertain the thought of a room of ASICS being fluid cooled into a turbine and powering themselves.


*chuckles to self*

google is one of dem companies that just create the best tech around. Thanks google. thanks bitcoin :D

So you install solar panels, which provides some free electricity, but instead of using the savings you make on the electricity bills to pay off the installation and materials you get "free bitcoin mining"? Quite smart...

Solar power for Bitcoin mining is stupid. The payback time on solar is long, and the remaining profitable period of mining is short.

not only you pay ahead but you need to maintin your solar power with the battery that need to be changed after some time, and it's not cheap at all

so it isn't much different than paying for electricity, and  even if we remove the electricity problem you still need 10 months roi at first assuming diff increase by 4%...

The Google project only help people to find the most suitable place to install Solar panels and the 21 Inc tech would only have a small influence on the decentralization of the network, but no real profit for the people

investing in it. As the total hashing power goes up, with the addition of these devices on a grand scale, these devices will yield very little profit. It's more of a Geek Gadget than anything else.

I will invest in some to support the Bitcoin network, but I guess a ROI would not be in my future with that investment.  ::)

I love Google. Everybody try to find something in their life and only ask Google. Then bumm, Google makes a project about which people try to handle and find some solutions. I always try to learn and calculate solar panel efficiencies. This project is really usefull for me. In future, when I get my camper, I will setup solar panels on my camper roof.

Mining with solar panel can be profitable but firstly, you have to pay so much money for solar panel and also batteries and other solar charging equipments

I wish if I could run my ASICs run on solar power I can buy 2 more mining equipment.

Why is this anything special? People can already buy solar panels to power their miners. Maybe its something mining farms will do in the future with electricity becoming more and more expensive.