Is there anyone who have mining set up with solar panels

[dansus021]

@philipma1957 So you don't use a battery meaning at night your machine will offline?

How much is the cost for solar panel power only for your setup I know that sun is free hahaha but in my country setting up solar panels is expensive including the technician it could lost lot of money, How to break even for solar panel only in days ?

[philipma1957]

@philipma1957 So you don't use a battery meaning at night your machine will offline?

How much is the cost for solar panel power only for your setup I know that sun is free hahaha but in my country setting up solar panels is expensive including the technician it could lost lot of money, How to break even for solar panel only in days ?

no my solar uses the grid as its battery.

say you do 280 kwatts for 5 hours(this was the average time of full sun)  that is 1400 kwatts in 1 day.

so 280-60 = 220 kwatts on back feed to the grid.

and x 5 = 1100 kwatts owed to me for night time running.

so 1100/19 = 58 kwatts an hour feed back to me by the grid.

basically the system earns me  1400 kwatts a day. it means I could run 19 s19's 24/7/365 for free.

or run 2x that at ½ price. which is what we do.

only a dozen states in USA make net meter the law so those are the states to use solar to mine .

grid tied with zero batteries.

[dansus021]

no my solar uses the grid as its battery.
grid tied with zero batteries.

Wait wait I still don't understand is the scenario goes like this.
So you set up a solar panel and then energy from the panel goes to the grid and some of it goes to miner. When night comes the grid owes you energy from the day and you took it at night? Is that right

Well, that is clever    but in only happen in couple of states in US?

[philipma1957]

no my solar uses the grid as its battery.
grid tied with zero batteries.

Wait wait I still don't understand is the scenario goes like this.
So you set up a solar panel and then energy from the panel goes to the grid and some of it goes to miner. When night comes the grid owes you energy from the day and you took it at night? Is that right

Well, that is clever   but in only happen in couple of states in US?

yeah NJ has true net metering.

Ie every k-watt you send to the grid you get back at night.


A list of states with some net metering all vary their deals.


https://www.solarpowerworldonline.com/2020/03/which-states-offer-net-metering/

[dansus021]

Solar panels only generate electricity when the sun is shining. To mine continuously, you'll need a reliable energy storage solution, such as batteries, to store excess energy generated during the day for use at night or during cloudy days. Wouldn't it be too expensive?

That is why OP asked everyone here because in my opinion that would be expensive and inefficient if we don't know about batteries One of the problems is corrosion to batteries too. The best way is to do mining like philpma did store electricity in the grid.

I think the best is mining with solar panels during the day and mining using the grid at night at least this method I believe can save electricity.

[philipma1957]

Solar panels only generate electricity when the sun is shining. To mine continuously, you'll need a reliable energy storage solution, such as batteries, to store excess energy generated during the day for use at night or during cloudy days. Wouldn't it be too expensive?

If your area has a proper grid and gives a fair deal it works.

If you use batteries it is very hard for it to work as batteries die fast. Plus they cost a lot.

[m2017]

I am searching about that how the mining setup will run on solar panel. If anyone from this board have their mining setup with solar panel then please share your opinion. I am planning to have one with some solar panels so I will mine for free.

Mining will not be so free, because you will have to spend a lot on equipment (solar panels are not at all cheap). Wouldn’t it be better to start with cost calculations and perhaps traditional mining using electricity from the outlet will be more profitable, more stable and easier?

Wait a minute. It looks like we won't know how OP's saga ended with mining on solar panels, because he's been offline since February.

Solar panels only generate electricity when the sun is shining. To mine continuously, you'll need a reliable energy storage solution, such as batteries, to store excess energy generated during the day for use at night or during cloudy days. Wouldn't it be too expensive?

Or combine with alternative energy sources. Or even in the old fashioned way, connect to the outlet at night, because there are nightly tariffs for electricity consumption, which can be cheaper in cost. Why not a solution, huh?

[FP91G]

Solar panels only generate electricity when the sun is shining. To mine continuously, you'll need a reliable energy storage solution, such as batteries, to store excess energy generated during the day for use at night or during cloudy days. Wouldn't it be too expensive?

Or combine with alternative energy sources. Or even in the old fashioned way, connect to the outlet at night, because there are nightly tariffs for electricity consumption, which can be cheaper in cost. Why not a solution, huh?

Solar panels do not provide a stable flow of energy even during the day. At night, in the morning and in the evening, the miner will have to consume electricity at the prices of energy companies. These panels will save electricity consumption at a higher cost, but the miner will still need to calculate the economic benefits of installing solar panels.

[lonelyminer0]

No, unless you have a thermal power plant used in conjunction with it or nuclear power. Don’t even think about wind power and energy storage. 100% professional advice.

[philipma1957]

Solar panels only generate electricity when the sun is shining. To mine continuously, you'll need a reliable energy storage solution, such as batteries, to store excess energy generated during the day for use at night or during cloudy days. Wouldn't it be too expensive?

Or combine with alternative energy sources. Or even in the old fashioned way, connect to the outlet at night, because there are nightly tariffs for electricity consumption, which can be cheaper in cost. Why not a solution, huh?

Solar panels do not provide a stable flow of energy even during the day. At night, in the morning and in the evening, the miner will have to consume electricity at the prices of energy companies. These panels will save electricity consumption at a higher cost, but the miner will still need to calculate the economic benefits of installing solar panels.

They are stable if you are grid tied. Basically my panels on thr biggest built do 1200 to 1500 kwatts a day.

The grid smooths them out. I get net metering which mean if I burn 55-60 kwatts an hour mining I spend zero a day on the miners. Roughly 18-20 s19s at no cost.

and various tax incentives to do it.

But the reality most of the world does not properly subsidize them and you lose money with them .

Its complex to know if they would work for mining since some areas will fuck you if you use solar.

Some states do not net meter they give you zero for your excess solar in the day.

some states do true net meter.

some states do flat rat 4-9 cents.

you have to be careful and understand your local rules.

[so98nn]

Thank you for your advise and I know that these will I face but want to know that if anyone have tried it with their mining rigs or not. I first want to know from the experience of other that how is it running in the time when it is sunlight and the solar panels are working. I want to know that how much is it possible.

Actually, he already answers what you need if you talking about how long the miner will run with solar panels it depends on your solar panel how much can produced and battery if how much can store.

If you want a diagram and how to calculate a mining setup with solar I suggest you check this PDF file below

- https://www.sit.ac.nz/Portals/0/upload/documents/sitjar/2021/SITJAR_-_Naveed_3.pdf

Take note this is an off-grid setup

Also check this thread to get some idea for on-grid setup https://bitcointalk.org/index.php?topic=5337081.0

The laid-out study is really nice and in detail. However, felt bad after realizing that they are still asking everyone to check their own results in the conclusion. They still think there might more factors that can affect the way solar-based mining can work. Though the study is carried out on E9 antminer and probably geolocation is the major factor in everything, OP shall also take note of where they live. The amount of sunlight they receive, the night cycles and everything must be precise to have a stable mining protocol.

There are no guarantees with regard to the financial analysis set out in this paper. Prima facie,
for the case study performed for setups in New Zealand, the Antiminer E9 setup appears to be
the most attractive in terms of its payback period, which is a good measure of its relative
profitability and its exposure to the risk from volatility. However, there are several factors that
we believe aspiring solar miners should consider before embarking on a solar mining venture
in New Zealand

The rest of the analysis is just based on how reactive the market is and earnings can change as the volatility changes, price dips or ups, etc. The usual factors. This is worth reading research for a person like OP who is going to get into it. However, the odds of success are really less when it comes to solar energy mining.

[Markkusha]

I am searching about that how the mining setup will run on solar panel. If anyone from this board have their mining setup with solar panel then please share your opinion. I am planning to have one with some solar panels so I will mine for free.

It would take approximately 10 solar panels with an average capacity of 300 watts each to generate enough electricity to power a single mining rig.

[philipma1957]

I am searching about that how the mining setup will run on solar panel. If anyone from this board have their mining setup with solar panel then please share your opinion. I am planning to have one with some solar panels so I will mine for free.

It would take approximately 10 solar panels with an average capacity of 300 watts each to generate enough electricity to power a single mining rig.

well 3000 watts is about 15000 watts a day.

15kwatts if grid power is 15000/24 = 600 watts 24/7 for free

if you use a battery you can only run the battery down to 50%

so 15 kwatts may do 400 watts 24/7  since unlike the grid you do not get to run all the day excess on a battery

[Crypt0Gore]

@philipma1957 So you don't use a battery meaning at night your machine will offline?

How much is the cost for solar panel power only for your setup I know that sun is free hahaha but in my country setting up solar panels is expensive including the technician it could lost lot of money, How to break even for solar panel only in days ?

no my solar uses the grid as its battery.

say you do 280 kwatts for 5 hours(this was the average time of full sun)  that is 1400 kwatts in 1 day.

so 280-60 = 220 kwatts on back feed to the grid.

and x 5 = 1100 kwatts owed to me for night time running.

so 1100/19 = 58 kwatts an hour feed back to me by the grid.

basically the system earns me  1400 kwatts a day. it means I could run 19 s19's 24/7/365 for free.

or run 2x that at ½ price. which is what we do.

only a dozen states in USA make net meter the law so those are the states to use solar to mine .

grid-tied with zero batteries.

Isn't that wonderful? Grid-tied as the batteries when running your Asic miner is like a film trick that can never happen in my country, this is why I am jealous of miners in the US and UK, stable electricity just makes things easier.

Someone like me will have to use Batteries as backup when the sun is down to continue my mining operations, and the battery pack that will run an asic miner till the next morning is going to cost a lot of money, honestly, mining with solar without battery backup is a bad idea for people who are living in countries with epileptic grid power.

Many people chose to stay away from mining Bitcoin simply because of the lack of electricity in my country, it's a shame, to get even with Bitcoin mining seems almost impossible over here, also even if one can afford the batteries, ROI will be longer and also the batteries will weaken very fast.

[FP91G]

@philipma1957 So you don't use a battery meaning at night your machine will offline?

How much is the cost for solar panel power only for your setup I know that sun is free hahaha but in my country setting up solar panels is expensive including the technician it could lost lot of money, How to break even for solar panel only in days ?

no my solar uses the grid as its battery.

say you do 280 kwatts for 5 hours(this was the average time of full sun)  that is 1400 kwatts in 1 day.

so 280-60 = 220 kwatts on back feed to the grid.

and x 5 = 1100 kwatts owed to me for night time running.

so 1100/19 = 58 kwatts an hour feed back to me by the grid.

basically the system earns me  1400 kwatts a day. it means I could run 19 s19's 24/7/365 for free.

or run 2x that at ½ price. which is what we do.

only a dozen states in USA make net meter the law so those are the states to use solar to mine .

grid-tied with zero batteries.

Isn't that wonderful? Grid-tied as the batteries when running your Asic miner is like a film trick that can never happen in my country, this is why I am jealous of miners in the US and UK, stable electricity just makes things easier.

Someone like me will have to use Batteries as backup when the sun is down to continue my mining operations, and the battery pack that will run an asic miner till the next morning is going to cost a lot of money, honestly, mining with solar without battery backup is a bad idea for people who are living in countries with epileptic grid power.

Many people chose to stay away from mining Bitcoin simply because of the lack of electricity in my country, it's a shame, to get even with Bitcoin mining seems almost impossible over here, also even if one can afford the batteries, ROI will be longer and also the batteries will weaken very fast.

Is electricity cheap in the UK?
I'm sure that with their weather it is not very profitable to use solar panels. But if you also use batteries, then it will be a very unprofitable event for making money. And in the US, not all states have a surplus of electricity.