Is ETH the smartest crypto to mine right now? What other cryptos are more profitable to mine? Open to any and all suggestions! Thanks again!
Even though the mining algorithm will be changed soon, I would not call ETH mining too attractive. If I had the opportunity, I would definitely focus my gaze on Filecoin on a par with Bitcoin
(although I admit technologically, mining this coin is the most difficult of all). By the way, when I talked about the opportunities, I meant a very high entry threshold ... about 30-40 thousand dollars.
So I live in Florida, recently I've been thinking of getting into mining and I have a few questions. Is mining via solar even possible?
Recently I was also interested in a similar question, and it turned out that mining with the help of solar energy has a couple of pitfalls. You have an excellent location, but you still have to resort to the stationary power grid since, apart from the night, the early and late sun also reduces the power,
(I will quote philipma1957 so as not to repeat myself).well a 10k solar install is at best 7 x 10 = 70 kwatts. of power a day.
that is in a desert on the equator.
as the early and late sun lower the power.
an avalon burns 3.4 x 24 = 81.6 or 81 kwatts.
so your 10k watt install will not quite run 1 of the three units.
this assumes a perfect location for solar.
I am in NJ,USA we have a 100k install on 1+ acre it makes 5-5.5 hours a day due to morning and evening being weaker light and of course cloudy and rainy days.
so it makes about 500-550 kwatts of power a day.
It runs a home an office and 1 s19 pro 2 s17 pro 1 gpu rig.
so do the math with 2x 10 k install for the solar. it would come close to running 2x avalon.