How do you get free power?

[Bitcoiniums.]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

[1715135834]

1715135834

[1715135834]

1715135834

[Vika NSFW]

A "free" power exist.
I use Evacuated Tubes Solar Water Heater

[FrostStick]

You can obviously negotiate with your landlord for them to provide the power for you.

But eventually they will be mad that you are using up all their rent money paying for power bills.

So better not do it.

[PassThePopcorn]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Some people get power included in rent - In some cases these people loose their free power when their landlord notices a much higher electric bill.

Some people are students and dorm - limited free power from their dorm rooms

Some people are in government housing.

[Mercado]

It's not exactly free power but I've replaced my heaters with Antminers so they are kinda running free power...

[VirosaGITS]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Some people get power included in rent - In some cases these people loose their free power when their landlord notices a much higher electric bill.

Some people are students and dorm - limited free power from their dorm rooms

Some people are in government housing.

That the case for me, i'm in an apartment owned by a very big company, electric consumption is included in the monthly rent and it is typically cheaper for such landlords to just average out the electric consumption that way rather than install counters for every individual because the electricity here is ridiculously cheap.

So what they do instead is fit the apartment with a couple of 120v 15A breakers and the panel can only support a smallish load after your big electricity spenders (heating, hot water, oven).

And since its cold here 8 months a year, you don't need to pay anything for heating since you have tons of heat available from the ASICs.

So anyways the maximum cost of electricity you could make use of is still a pretty low portion what you pay monthly. As such they don't even need to keep track since they own dozens of apartments in dozens of blocks all over.

[FrostStick]

It's not exactly free power but I've replaced my heaters with Antminers so they are kinda running free power...

How does that work exactly? Could you explain?

[Mercado]

It's not exactly free power but I've replaced my heaters with Antminers so they are kinda running free power...

How does that work exactly? Could you explain?

My office used to run on an electric heater that eats around 5kW and would switch on quite some time in winter.
Running a couple of Antminers heats up the place just enough to stop the electric heater from kicking in.

[PassThePopcorn]

It's not exactly free power but I've replaced my heaters with Antminers so they are kinda running free power...

How does that work exactly? Could you explain?

Instead of paying for heat (electric/gas), you pay for the electric used by the miner, the miner then provides heat and Bitcoin. You were going to pay for the heat anyway just this way you mine some BTC and recoup some of your costs, sometimes even profiting.

[SFR10]

There are some ways although not all of them completely free but in the long run they might save you good amount on electricity bill

1) Solar power using panels which requires initial investment but you won't regret it plus new type of solar panels are going to enter the market (early 2016) in which you could acquire the old ones in a much cheaper price than now

2) Leave on your parents house and mine all day

[philipma1957]

It's not exactly free power but I've replaced my heaters with Antminers so they are kinda running free power...

How does that work exactly? Could you explain?

My office used to run on an electric heater that eats around 5kW and would switch on quite some time in winter.
Running a couple of Antminers heats up the place just enough to stop the electric heater from kicking in.

This is free power.  This is what keeps miners at home mining.

In the USA in the north east many homes built in the 50's and 60's  have base board electric radiators . At least 500,000 homes

every one of them could replace the heating with s-3's So the 300 dollar power bill is still 300.

 The house is heated and coins will off set the power bill.

[kyrios_]

There are some ways although not all of them completely free but in the long run they might save you good amount on electricity bill

1) Solar power using panels which requires initial investment but you won't regret it plus new type of solar panels are going to enter the market (early 2016) in which you could acquire the old ones in a much cheaper price than now

2) Leave on your parents house and mine all day

solar panels sounds interesting. roughly how much does it cost to set up such a system?

[iliasyaco]

you open a lamppost then you cut some cables, make you cable attached. that is how u get free power 

[ShrykeZ]

you open a lamppost then you cut some cables, make you cable attached. that is how u get free power 

The ultimate way to get "free" electricity which isn't theft or anything illegal. 

I do wonder if it would even be plausible to run a miner from electricity that lampposts receive.

[alh]

you open a lamppost then you cut some cables, make you cable attached. that is how u get free power 

Don't do this out in the middle of nowhere though, because then you might not have Internet access.... 

"Free" electricity without Internet access however isn't much good for mining.

[MCHouston]

I round up bums, and dangle $10 and a few beers in front of them while they walk in a big hamster wheel hooked to a generator. 

[jackg]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

[Tmdz]

you open a lamppost then you cut some cables, make you cable attached. that is how u get free power 

The ultimate way to get "free" electricity which isn't theft or anything illegal. 

I do wonder if it would even be plausible to run a miner from electricity that lampposts receive.

Of course that would be stealing government utilities.... But I think they run on 480v so you would need a buck transformer to drop it to 240 or 120v.

Free power doesn't exist as someone gets the bill..but..prepaid apartment utilities, office space, warehouse space where you manage and could put up some miners avoiding the bill.  Also if you manage a hotel, decommission a room or 2 and put as many miners as you can in the space and cooling would be free.  Team up with the maintenance tech split the profits and you could have a nice little mining operation on free power.  Equipment room in that situation would work nice as that space will have a huge amount of power avaible to them.  

[Vika NSFW]

Free power doesn't exist

At the night atomic stations have huge amounts of unused energy.

[kpitti]

There is no free power. Every source has it`s cost, even solar system must be build, purchased and needs some maintenance. If someone has a free power, then he steel it and consume as add cost for the someone else.

[VirosaGITS]

There is no free power. Every source has it`s cost, even solar system must be build, purchased and needs some maintenance. If someone has a free power, then he steel it and consume as add cost for the someone else.

If i don't pay for my electricity, then its free electricity for me. Doesn't matter if the electricity we get is the government's responsibility. You can say that the taxes pay the electricity, so its not free;

But that is moot, because i would not pay more if i use more electricity. I would just pay a fix amount for having electricity. Therefore my electric cost for using 1 miner would be the same as not mining at all.

Therefore for me, mining would be free.

[notlist3d]

There is no free power. Every source has it`s cost, even solar system must be build, purchased and needs some maintenance. If someone has a free power, then he steel it and consume as add cost for the someone else.

If i don't pay for my electricity, then its free electricity for me. Doesn't matter if the electricity we get is the government's responsibility. You can say that the taxes pay the electricity, so its not free;

But that is moot, because i would not pay more if i use more electricity. I would just pay a fix amount for having electricity. Therefore my electric cost for using 1 miner would be the same as not mining at all.

Therefore for me, mining would be free.

Normally it's not the government footing the bill on electricity but a landlord or parents, etc.   Are you living in something that is like government assisted?   

Or is it a company/person who you pay a fixed bill to?   Most fall into this category very few I think have government paying electricity.

[xhomerx10]

I round up bums, and dangle $10 and a few beers in front of them while they walk in a big hamster wheel hooked to a generator. 

 Yeah good luck with that.  If bums were willing to work for money and beer, they wouldn't be bums.  You'd have more success with big hamsters.

[VirosaGITS]

There is no free power. Every source has it`s cost, even solar system must be build, purchased and needs some maintenance. If someone has a free power, then he steel it and consume as add cost for the someone else.

If i don't pay for my electricity, then its free electricity for me. Doesn't matter if the electricity we get is the government's responsibility. You can say that the taxes pay the electricity, so its not free;

But that is moot, because i would not pay more if i use more electricity. I would just pay a fix amount for having electricity. Therefore my electric cost for using 1 miner would be the same as not mining at all.

Therefore for me, mining would be free.

Normally it's not the government footing the bill on electricity but a landlord or parents, etc.   Are you living in something that is like government assisted?  

Or is it a company/person who you pay a fixed bill to?   Most fall into this category very few I think have government paying electricity.

You're pretty much right. I formatted the sentence that way just to debunk the "Free doesn't exist" argument, if in effect you don't pay more if you consume more and its legit, then its "Free" to use more. Sure there is always a cost to production, but there is not obligatory a cost to raising consumption.

I said government because since the electricity production here is Government owned which make the electric cost cheap, is thus the reason why those flat rate deal exist with landlords of any kind in the first place.

Personally i deal with a big company, in a big apartment block complex. I don't think its a big deal that i take 200$ of electricity per month during winter when i pay 4 time that as rent. And i don't really think they care, when me using that much electricity doesn't even raise the average of electric cost in the block by 2$.

If you had individual meters and the landlord was just a dude owning a tri-plex. Then yeah they get stingy when you use more electricity than you should. It has happened. Which is probably what most people everywhere are used to.

[QuintLeo]

I had free power a couple of times - in apartments with "utilities included", but with VERY limited number of outlets and power available.
It's quite a bit more common in small offices, but STILL with limited outets and power available.

[Exoskeleton]

In my area you can rent small office spaces for around $650 USD a month. Its in a new steel and concrete building so sound is not an issue. Power is included in the rent. You can get up to three 20A circuits so if you get them switched to 240V sockets that's about 12,000W (10,000W to be safe) of free power. I looked into it and did a tour, even got quotes on the upgrades (about $1,000). In the end the free power pays the rent and then some. It was not a bad deal but $650 a month is not "free".

BTW, they had no way of figuring out how much power any one office was using because all the offices in a quadrant were hooked up to the same meter. Not the worst idea in the world, but equivalent to ~$0.09 per Kwh and free rent. The local rate is $0.11 per Kwh in homes so its still 20% savings over me hosting at home...

[Vika NSFW]

[notlist3d]

Heck of a solar setup Vika NSFW.  I might suggest moving from the Jalapeno to a more modern one.  If you used like a compac seems like you would get a lot more life out of battery.  It would not ROI... but would be a fun project.

[BTCish]

Those solar panels are awesome. But using miners for heating house is common thing, very efficient in some cases. That how it's comes for free.

[Vika NSFW]

If you used like a compac

this are not my pictures

[notlist3d]

If you used like a compac

this are not my pictures

Ahhh IC.  Next time I suggest to link to original source or mention it's not yours.

Just scrolling through page it appeared to be yours.  Any kind of words saying source would solve this.

[MCHouston]

I round up bums, and dangle $10 and a few beers in front of them while they walk in a big hamster wheel hooked to a generator. 

 Yeah good luck with that.  If bums were willing to work for money and beer, they wouldn't be bums.  You'd have more success with big hamsters.

I tried to get funding to make genetically engineered hamster in the lending section but no one lent me the funds.

[notlist3d]

I round up bums, and dangle $10 and a few beers in front of them while they walk in a big hamster wheel hooked to a generator. 

 Yeah good luck with that.  If bums were willing to work for money and beer, they wouldn't be bums.  You'd have more success with big hamsters.

I tried to get funding to make genetically engineered hamster in the lending section but no one lent me the funds.

It's not the worst idea out there.  Took me a minute to find the material but at least you are not making an altcoin in hopes to fund solar technology.   - https://bitcointalk.org/index.php?topic=1214592.msg12734126#msg12734126  , about coin dev - https://bitcointalk.org/index.php?topic=1204912.0

And if the whole altcoin idea does not pan out try to get people to join and do the work - https://bitcointalk.org/index.php?topic=1220483

I am amazed sometimes what people think others will invest in.

[Amph]

there is no free, power, even solar or wind, or what you want require initial investment, what people want to say with free power is

abusing power of other(like student in college) or stealing it like soe russian, with the magnet trick(apprently still working there)

[notlist3d]

there is no free, power, even solar or wind, or what you want require initial investment, what people want to say with free power is

1) abusing power of other(like student in college) or stealing it like soe russian, with the magnet trick(apprently still working there)

I don't know on college student depends on contract if it's abuse.  I personally did not bring miners with me when I was in university... I just did not want sound/heat so mined and paid electricity at family home.   

One apartment I had had a 25 dollar cap on electricity. It was student apartments and costed a small fortune but each roommate could not get charged more then 25 extra per month no matter electricity bill.  But I did not want to have my roommates paying that, and again did not really want miner in room so did not mine there. But I could have with the policy they had.  But again it was student housing with 2 pools, tons of extras, so they charged a ton and did not really care on electricity.

[RichBC]

@ Vika NSFW Do you have the source for those Solar Mining pictures?

The issue I am intrigued to see an answer to is what do people do when the battery runs flat and the Sun's not out?

Do they just leave the setup to it's own devices, Sun comes out get's some charge and runs again? My concern is if the Miner takes more power than the panels can supply then the batteries will get no charge and the Miner will do a slow on  off cycle. Or do people include some sort of controller to allow the batteries to get half charged before mining starts again?


Rich

[Vika NSFW]

@ Vika NSFW Do you have the source for those Solar Mining pictures?

check where they hosted and tineye + google image search

Check Your local SunPower sales agent

[Mickeyb]

All the people that claim having a free power on this forum are probably getting it or it's included in their rent of the apartment, office space or something like this!

I don't see how else can they get it? Well it always is a possibility of stealing electricity or messing with the electric distribution measuring systems!

[javierfjavier]

Sadly for my QOL, here in my country (a oil-rich country in the north of southamerica) the power is ridiculously cheap. My house has 2 12kBTU air conditioner, a couple of fridges, few tvs and aprox 2kW more of electronics (computers, miners, etc) and I pay a legal monthly flat rate of 0.3 usd.

Yes, 0.30 usd. Monthly

Yes, monthly.

[jackg]

Sadly for my QOL, here in my country (a oil-rich country in the north of southamerica) the power is ridiculously cheap. My house has 2 12kBTU air conditioner, a couple of fridges, few tvs and aprox 2kW more of electronics (computers, miners, etc) and I pay a legal monthly flat rate of 0.3 usd.

Yes, 0.30 usd. Monthly

Yes, monthly.

What's the price per unit there?
You should start a mining company like hashnest or mining sweden (you'd make a bit, if you charge at slightly less than their rates!) I assume land is cheap there, it is quite a large country in comparison to where I live in the UK.

[jackg]

@ Vika NSFW Do you have the source for those Solar Mining pictures?

The issue I am intrigued to see an answer to is what do people do when the battery runs flat and the Sun's not out?

Do they just leave the setup to it's own devices, Sun comes out get's some charge and runs again? My concern is if the Miner takes more power than the panels can supply then the batteries will get no charge and the Miner will do a slow on  off cycle. Or do people include some sort of controller to allow the batteries to get half charged before mining starts again?


Rich

Can you not just copy the link from the picture. I tshoud be linked to an account other than the poster, or even a website that shows their source. Don't get other people to do what you can do for yourself (unless its cheaper!)

[notlist3d]

@ Vika NSFW Do you have the source for those Solar Mining pictures?

The issue I am intrigued to see an answer to is what do people do when the battery runs flat and the Sun's not out?

Do they just leave the setup to it's own devices, Sun comes out get's some charge and runs again? My concern is if the Miner takes more power than the panels can supply then the batteries will get no charge and the Miner will do a slow on  off cycle. Or do people include some sort of controller to allow the batteries to get half charged before mining starts again?


Rich

Can you not just copy the link from the picture. I tshoud be linked to an account other than the poster, or even a website that shows their source. Don't get other people to do what you can do for yourself (unless its cheaper!)

Each one appears to be from a different site looking at it when you quote it.  So I don't think it's from one source or one article.

If you don't have batteries you would cut down cost.  But then only get power during sun.  Also it is still high compared to cheap electricity batteries or no batteries.

[Vika NSFW]

But then only get power during sun.

You produce at day and sell to electric company.
When You consume at night, you bought from electric company.
No batteries need.

[jackg]

But then only get power during sun. 

You produce at day and sell to line.
When You consume at night, you bought from lime.
No batteries need.

You could technically use mains power at night! Under special contracts, they can reduce it to as low as 7p per unit (KW/h). Makes it much cheaper.

With Lime, are you referring to calcium oxide.

[Vika NSFW]

Under special contracts, they can reduce it to as low as

You need check there specifications about consume and see penalties.

[notlist3d]

But then only get power during sun.

You produce at day and sell to electric company.
When You consume at night, you bought from electric company.
No batteries need.

But you would need around double the panels correct?  So you save on battery but spend more on panels.

Have you done any math to see cost of this?  I still think it would be pretty high specifically if you are producing enough to sell to power company normally that is not a tiny amount.

[philipma1957]

But then only get power during sun.

You produce at day and sell to electric company.
When You consume at night, you bought from electric company.
No batteries need.

But you would need around double the panels correct?  So you save on battery but spend more on panels.

Have you done any math to see cost of this?  I still think it would be pretty high specifically if you are producing enough to sell to power company normally that is not a tiny amount.

panels last a real long time. As of today all batteries die too fast.

So mixed use with your power company is best in most USA states.

A panel working for 15-20 years

A battery working for 3-5 years.

So larger in house systems don't do battery they mix with power company.

[lama-hunter]

Hehe  Thats pretty cool Are thoose asic usb miners Workern ofer there or it is just for the visibility I thought you would not let them on the roof if its rainy in the night everything gonne break up :D haha
Really nice done Guys. I also had that kind of idea already this year. Its pretty amazing to see how other People doing the same i ve done and te4sted. Really cool
Go on and build something bhigger than f2pool

regards
lama-hunter

[lightfoot]

Solar is pretty lame. I probably generate 5kw a day on my system, which a 1kw farm can chew up in 5 hours. Helps a bit but you have to consider you could have sold that power back to the utility.

The way to go is micro-hydro. Really, find a stream on your property, install a 1,000 watt alternator/peltier turbine and you're in business 24*7*forever. Now for a real win, finding an abandoned dam and installing a turbine, miners (hey, all that water is FREE COOLING!) and a cell phone for internet and you're all set......

[VirosaGITS]

Solar is pretty lame. I probably generate 5kw a day on my system, which a 1kw farm can chew up in 5 hours. Helps a bit but you have to consider you could have sold that power back to the utility.

The way to go is micro-hydro. Really, find a stream on your property, install a 1,000 watt alternator/peltier turbine and you're in business 24*7*forever. Now for a real win, finding an abandoned dam and installing a turbine, miners (hey, all that water is FREE COOLING!) and a cell phone for internet and you're all set......

Yes, of course, let me find a stream in my backyard;

http://asmallgreenspace.com/home/wp-content/themes/locus/functions/img_resize/resize.php?src=http://asmallgreenspace.com/home/wp-content/uploads/2013/01/Helene_a1.jpg&w=420&h=266&zc=1

*roll eyes*

But yeah it is actually much better than pretty much anything else on several factor and is why electricity is so cheap here.

[inget]

Power is never free. If you are getting free power. Somebody is paying for it.

Could be your landowner, your boss or some unknown person. Make sure you are not misusing (stealing power).

[Oscoda]

In this world is so impossible to have a free power.

Well if you are a CEO of a power company than you have free power xD

[VirosaGITS]

Power is never free. If you are getting free power. Somebody is paying for it.

Could be your landowner, your boss or some unknown person. Make sure you are not misusing (stealing power).

Wrong. There are several way to pay a flat or fix cost and then afterwards not pay more for how much you are consuming. If you don't pay more for mining, then you do not pay for the quantity you use for mining and it is thus free.

In this world is so impossible to have a free power.

Well if you are a CEO of a power company than you have free power xD

See my previous comment, its not because everything has its cost or requirement that you need to pay for your electricity rate consumption

[lightfoot]

You can also be more efficient, or use resources more efficiently. That energy that used to be wearing down rocks (a noble experience no doubt) or heating your attic in the summer (and thus your house) can be redirected into something that makes money like a bitcoin miner like a bitcoin exhaust fan system or a peltier turbine and a penstock pipe.

Back in the day my joke was to build a heating element for a 40 gallon water heater out of bitcoin hashing engines. 2,000 or so watts of power being used to heat the water in your house. Why not bitcoin ASICs, who cares if they are block erupters? (Technically the better answer is a solar domestic hot water system if you have electric heated hot water, but that is a digression).

Solar electricity is cool, but solar is only 17% efficient at light---power. SDHW is 50-70% efficient. So you have a certain amount of roof space put the hot water system on first, then the electric for bitcoin miners. Unless you have natural gas.

But on a less serious note, if you have an abandoned/beaver dam sitting around what's the harm in diverting .00001% of the water into a 4 inch pipe to a small turbine, 2,000 watt alternator, a bunch of miners, and a cheap-ass 4g plan? What else is the water going to do? :-)

[VirosaGITS]

You can also be more efficient, or use resources more efficiently. That energy that used to be wearing down rocks (a noble experience no doubt) or heating your attic in the summer (and thus your house) can be redirected into something that makes money like a bitcoin miner like a bitcoin exhaust fan system or a peltier turbine and a penstock pipe.

Back in the day my joke was to build a heating element for a 40 gallon water heater out of bitcoin hashing engines. 2,000 or so watts of power being used to heat the water in your house. Why not bitcoin ASICs, who cares if they are block erupters? (Technically the better answer is a solar domestic hot water system if you have electric heated hot water, but that is a digression).

Solar electricity is cool, but solar is only 17% efficient at light---power. SDHW is 50-70% efficient. So you have a certain amount of roof space put the hot water system on first, then the electric for bitcoin miners. Unless you have natural gas.

But on a less serious note, if you have an abandoned/beaver dam sitting around what's the harm in diverting .00001% of the water into a 4 inch pipe to a small turbine, 2,000 watt alternator, a bunch of miners, and a cheap-ass 4g plan? What else is the water going to do? :-)

You just need to return the water and just need elevation to move to water around for free. There is still hardware cost to be paid upfront and i assume the turbine has parts that has a lifetime, creating a maintenance cost, but it is probably very low.

Instead of a battery, could you use a capacitor to keep the power stable? Since its not like you'd be outputting your dam's power directly into the miner...

[notlist3d]

But then only get power during sun.

You produce at day and sell to electric company.
When You consume at night, you bought from electric company.
No batteries need.

But you would need around double the panels correct?  So you save on battery but spend more on panels.

Have you done any math to see cost of this?  I still think it would be pretty high specifically if you are producing enough to sell to power company normally that is not a tiny amount.

panels last a real long time. As of today all batteries die too fast.

So mixed use with your power company is best in most USA states.

A panel working for 15-20 years

A battery working for 3-5 years.

So larger in house systems don't do battery they mix with power company.

What is ROI time on whole system except batteries.  Seems like with panel's and wiring new box, etc.  Still a lot of costs.  Are we still talking 10+ years before ROI?  Just in most I have seen it's a pretty long term bet.

And it truly is really hard to beat low electricity price.  I think even without batteries the cheap electricity likely wins over time.

[crazyearner]

TO me theirs no free energy to begin with as you have your equipment cost to generate free energy. First you need money 2nd you need equipment 3rd you need storage for that energy, 4th to be pumped back into the grid and get paid for it, and even then energy company's buying energy off you is getting less and less. Then you will need to get the ROE Return on Equipment first before you get any ROI after equipment is paid off then indeed it is pure profit but to reach pure profit will take time as no doubt buying all the equipment is going to cost a fair amount of money out of own pocket first.

Even the solar powered usb kit is no doubt going to cost a chunk for the solar boards. Maybe a self sustained system proving you got sun all year round and the have some back up units for night time would be good but still maybe nano tech when that comes more into play and units are more power effective then stuff like this might be a thing of the future.

[RichBC]

The attraction for me of Solar, particularly if you have a system with no or a very small battery is that you can continue to mine with out of date hardware and make some money regardless of difficulty and halvings without worrying about electricity cost.


Rich

[notlist3d]

The attraction for me of Solar, particularly if you have a system with no or a very small battery is that you can continue to mine with out of date hardware and make some money regardless of difficulty and halvings without worrying about electricity cost.


Rich

The problem is everyone I have seen that has had math behind it with estimates it's very long term.  Were talking 10+ years with payment upfront.  We don't know what bitcoint will be like in 10 years... so hard to even speculate.

Cheap electricity no upfront cost.  So I think it's still going to win out.  And I wish I was wrong I would love to have some solar just so far have not been able to justify the cost.

[RichBC]

The attraction for me of Solar, particularly if you have a system with no or a very small battery is that you can continue to mine with out of date hardware and make some money regardless of difficulty and halvings without worrying about electricity cost.


Rich

The problem is everyone I have seen that has had math behind it with estimates it's very long term.  Were talking 10+ years with payment upfront.  We don't know what bitcoint will be like in 10 years... so hard to even speculate.

Cheap electricity no upfront cost.  So I think it's still going to win out.  And I wish I was wrong I would love to have some solar just so far have not been able to justify the cost.

Yes agreed and I am not talking about ROI just the ongoing prospect of a Solar Powered Miner such that I could mine at some level without further costs regardless of Miner efficiency and Difficulty.

I am still putting together parts for my experiment, have got 500W of panels for $150 and expect to complete the project for another $100. However Weather in the UK not ideal at the moment for putting the panels up so will probably not get up and running until the Spring.

Rich

[notlist3d]

The attraction for me of Solar, particularly if you have a system with no or a very small battery is that you can continue to mine with out of date hardware and make some money regardless of difficulty and halvings without worrying about electricity cost.


Rich

The problem is everyone I have seen that has had math behind it with estimates it's very long term.  Were talking 10+ years with payment upfront.  We don't know what bitcoint will be like in 10 years... so hard to even speculate.

Cheap electricity no upfront cost.  So I think it's still going to win out.  And I wish I was wrong I would love to have some solar just so far have not been able to justify the cost.

Yes agreed and I am not talking about ROI just the ongoing prospect of a Solar Powered Miner such that I could mine at some level without further costs regardless of Miner efficiency and Difficulty.

I am still putting together parts for my experiment, have got 500W of panels for $150 and expect to complete the project for another $100. However Weather in the UK not ideal at the moment for putting the panels up so will probably not get up and running until the Spring.

Rich

But with upfront cost I don't see that your getting to mine profitably no matter miner efficiency and difficulty.  You have a upfront cost you need to cover eventually unless your just doing it because you want it.  And I think it's going to be a long term investment. 

Have you got a initial cost and and how big are you taking about going?

[RichBC]

The attraction for me of Solar, particularly if you have a system with no or a very small battery is that you can continue to mine with out of date hardware and make some money regardless of difficulty and halvings without worrying about electricity cost.


Rich

The problem is everyone I have seen that has had math behind it with estimates it's very long term.  Were talking 10+ years with payment upfront.  We don't know what bitcoint will be like in 10 years... so hard to even speculate.

Cheap electricity no upfront cost.  So I think it's still going to win out.  And I wish I was wrong I would love to have some solar just so far have not been able to justify the cost.

Yes agreed and I am not talking about ROI just the ongoing prospect of a Solar Powered Miner such that I could mine at some level without further costs regardless of Miner efficiency and Difficulty.

I am still putting together parts for my experiment, have got 500W of panels for $150 and expect to complete the project for another $100. However Weather in the UK not ideal at the moment for putting the panels up so will probably not get up and running until the Spring.

Rich

But with upfront cost I don't see that your getting to mine profitably no matter miner efficiency and difficulty.  You have a upfront cost you need to cover eventually unless your just doing it because you want it.  And I think it's going to be a long term investment.  

Have you got a initial cost and and how big are you taking about going?

I am not making myself clear.   I am not concerned about the upfront cost or ROI on the initial investment. Most of the things I buy have an upfront cost and depreciate over time. So yes I will be out a couple of Hundred Dollars for the Solar setup and that I am happy with as it's another bit of Tech to play with and learn about, if it wasn't this it would be something else.

However when I got into Mining a few Months ago I promised myself that I would only mine if the money I was making was greater than the electricity / ongoing cost. With my 15c electricity will become impossible unless I go in for clever buying and selling of the latest equipment and I do not want to take that risk.

So that is why I am going to do my Solar Experiment. It will be fun to get going and if I get it right will have very low ongoing costs and will make money albeit as time goes by that will decrease.... But it will enable me to stay in the mining game without worrying about electricity costs, difficulty increases, or am I buying and selling the right equipment at the best times.


Rich

[fr4nkthetank]

people where I live actually buy and install electric heaters in their garages....so free power ?  yeah i dont have that - but what I do have is free heat

[Finksy]

I am not making myself clear.   I am not concerned about the upfront cost or ROI on the initial investment. Most of the things I buy have an upfront cost and depreciate over time. So yes I will be out a couple of Hundred Dollars for the Solar setup and that I am happy with as it's another bit of Tech to play with and learn about, if it wasn't this it would be something else.

However when I got into Mining a few Months ago I promised myself that I would only mine if the money I was making was greater than the electricity / ongoing cost. With my 15c electricity will become impossible unless I go in for clever buying and selling of the latest equipment and I do not want to take that risk.

So that is why I am going to do my Solar Experiment. It will be fun to get going and if I get it right will have very low ongoing costs and will make money albeit as time goes by that will decrease.... But it will enable me to stay in the mining game without worrying about electricity costs, difficulty increases, or am I buying and selling the right equipment at the best times.


Rich

Rich, not sure what it's like where you are but here in Ontario, the government will pay up to a (CAD)$0.29/kWh Tariff for solar PV electricity tied into the grid.  It used to be upwards of $0.80/kWh around 5 years ago.  You may likely find that you are better off selling the solar electricity back to the government and paying for the billed electricity off the grid, even if it's slightly less romantic feeling

And, once it's payed off or if the subsidized rate drops, you still have it to go off-the-grid mining.

My BTC

[RichBC]

I am not making myself clear.   I am not concerned about the upfront cost or ROI on the initial investment. Most of the things I buy have an upfront cost and depreciate over time. So yes I will be out a couple of Hundred Dollars for the Solar setup and that I am happy with as it's another bit of Tech to play with and learn about, if it wasn't this it would be something else.

However when I got into Mining a few Months ago I promised myself that I would only mine if the money I was making was greater than the electricity / ongoing cost. With my 15c electricity will become impossible unless I go in for clever buying and selling of the latest equipment and I do not want to take that risk.

So that is why I am going to do my Solar Experiment. It will be fun to get going and if I get it right will have very low ongoing costs and will make money albeit as time goes by that will decrease.... But it will enable me to stay in the mining game without worrying about electricity costs, difficulty increases, or am I buying and selling the right equipment at the best times.


Rich

Rich, not sure what it's like where you are but here in Ontario, the government will pay up to a (CAD)$0.29/kWh Tariff for solar PV electricity tied into the grid.  It used to be upwards of $0.80/kWh around 5 years ago.  You may likely find that you are better off selling the solar electricity back to the government and paying for the billed electricity off the grid, even if it's slightly less romantic feeling

And, once it's payed off or if the subsidized rate drops, you still have it to go off-the-grid mining.

My BTC

Yes we have a similar scheme here, although it is being canned at the end of the Year. I have not gone for it because we plan on moving in the next couple of Years. Hence why I am interested in a small experiment and something I can play with, which is not possible with a "proper" Grid Tied approved installation.

Rich

[notlist3d]

The attraction for me of Solar, particularly if you have a system with no or a very small battery is that you can continue to mine with out of date hardware and make some money regardless of difficulty and halvings without worrying about electricity cost.


Rich

The problem is everyone I have seen that has had math behind it with estimates it's very long term.  Were talking 10+ years with payment upfront.  We don't know what bitcoint will be like in 10 years... so hard to even speculate.

Cheap electricity no upfront cost.  So I think it's still going to win out.  And I wish I was wrong I would love to have some solar just so far have not been able to justify the cost.

Yes agreed and I am not talking about ROI just the ongoing prospect of a Solar Powered Miner such that I could mine at some level without further costs regardless of Miner efficiency and Difficulty.

I am still putting together parts for my experiment, have got 500W of panels for $150 and expect to complete the project for another $100. However Weather in the UK not ideal at the moment for putting the panels up so will probably not get up and running until the Spring.

Rich

But with upfront cost I don't see that your getting to mine profitably no matter miner efficiency and difficulty.  You have a upfront cost you need to cover eventually unless your just doing it because you want it.  And I think it's going to be a long term investment.  

Have you got a initial cost and and how big are you taking about going?

I am not making myself clear.   I am not concerned about the upfront cost or ROI on the initial investment. Most of the things I buy have an upfront cost and depreciate over time. So yes I will be out a couple of Hundred Dollars for the Solar setup and that I am happy with as it's another bit of Tech to play with and learn about, if it wasn't this it would be something else.

However when I got into Mining a few Months ago I promised myself that I would only mine if the money I was making was greater than the electricity / ongoing cost. With my 15c electricity will become impossible unless I go in for clever buying and selling of the latest equipment and I do not want to take that risk.

So that is why I am going to do my Solar Experiment. It will be fun to get going and if I get it right will have very low ongoing costs and will make money albeit as time goes by that will decrease.... But it will enable me to stay in the mining game without worrying about electricity costs, difficulty increases, or am I buying and selling the right equipment at the best times.


Rich

I think we are thinking of different scales of this is the problem.  I'm thinking far bigger then a few hundred in solar gear.  A LOT more.

So I guess your talking about a smaller scale.   How many watts is your goal in this solar experiment?

[lightfoot]

Instead of a battery, could you use a capacitor to keep the power stable? Since its not like you'd be outputting your dam's power directly into the miner...

Perhaps, however remember that any reasonable ASIC bitcoin miner is going to be stepping power down from 12 volts to .5 volts or so for the hashing chip. Fluctuations in the incoming power supply will make the FETs work a lot harder (ie: hotter, blow up, etc) so it's in your interest to have a stable supply. A car alternator can put out 13.4 volts regulated from a wide variety of input values (because the field current can be regulated with precision) and that will make a good 12 volt 100ah battery run for a nice long time (5-10 years).

[VirosaGITS]

Instead of a battery, could you use a capacitor to keep the power stable? Since its not like you'd be outputting your dam's power directly into the miner...

Perhaps, however remember that any reasonable ASIC bitcoin miner is going to be stepping power down from 12 volts to .5 volts or so for the hashing chip. Fluctuations in the incoming power supply will make the FETs work a lot harder (ie: hotter, blow up, etc) so it's in your interest to have a stable supply. A car alternator can put out 13.4 volts regulated from a wide variety of input values (because the field current can be regulated with precision) and that will make a good 12 volt 100ah battery run for a nice long time (5-10 years).

Thats not free, but thats certainly cheap in the scope of things. I had no idea, thanks for the information.

So you could easily feed current from a turbine, or solar panel into a battery and draw 12v from it at the same time? I was under the impression that a battery that could do 1000w would cost 400$+ per year, at list thats what i read on google.

[notlist3d]

Instead of a battery, could you use a capacitor to keep the power stable? Since its not like you'd be outputting your dam's power directly into the miner...

Perhaps, however remember that any reasonable ASIC bitcoin miner is going to be stepping power down from 12 volts to .5 volts or so for the hashing chip. Fluctuations in the incoming power supply will make the FETs work a lot harder (ie: hotter, blow up, etc) so it's in your interest to have a stable supply. A car alternator can put out 13.4 volts regulated from a wide variety of input values (because the field current can be regulated with precision) and that will make a good 12 volt 100ah battery run for a nice long time (5-10 years).

Thats not free, but thats certainly cheap in the scope of things. I had no idea, thanks for the information.

So you could easily feed current from a turbine, or solar panel into a battery and draw 12v from it at the same time? I was under the impression that a battery that could do 1000w would cost 400$+ per year, at list thats what i read on google.

I'm not sure the exact cost but it is not cheap.   So keep in mind you would also need extra panels.  You would be getting enough solar power to power miners during day and at night.  So it add's more parts.

It just is not going to be cheap no matter how you do it.  Most miners have quite a bit of watt's of gear so again expensive.  Compare that to getting cheap electricity, the cheap electricity always wins.

[lightfoot]

Let's see: How about if we build the smallest miner and go from there:

Raspberry Pi CPU with hardwired ethernet: 400ma @5v=2.0 watts
Silly little Block erupter (300mh/s) 500ma@5v=2.5 watts

So we have a unit that pulls 4.5 watts per hour. Round up to 5 watts. For a 24 hour day you will need a total of 120 watts of power in a 24 hour period. How do we get that?

Solar: Since the sun don't shine all the time we need to generate 120 watts in the amount of time the sun is shining. Normally in the US you get about 4 full sun hours a day plus 2 more hours for morning and evening. So 6 hours. 120/6=12 watts. Or a 15 watt panel.

Now, you need a battery bank big enough to be able to support the rig when the sun ain't shining, so 18 hours*5 watts=90 watt hr battery. If this was a 6 volt battery you would need a 15ah 6 volt battery.

However batteries are not perfect in terms of charge/discharge so you need about double the solar size. So a 30 watt panel which happens to come in a 6 volt configuration (7.5 volts actually so it's enough to charge a 6 volt battery).

And you don't want to flatten the battery every cycle, so go 33% deep and get a 45ah 6 volt battery. Now you can handle a day without sun *except* if you do the panel will have trouble catching up. But you doubled the panel size so you will probably make it.

And there you go. To generate 300mh for free get a 45ah 6 volt battery, a small dc-dc converter to maintain 5 volts regardless of battery level, and a 30 watt panel. Or a 22ah 12 volt battery, same 30 watt panel (now 12v) and one of those 12-5v USB converters.

Get a better USB stick and you can do 2.5gh or so on that same power input.

Hydro would be much easier, just generate the 5w 24*7 and off you go. Minimal battery to smooth out fluctuations, but much simpler.

[lightfoot]

Stepping this up, if we replace 5 watts with 1,000 watts we simply multiply everything by 200. In other words:

30w*200=6kw solar array
12 volt battery@22ah*200=4,400ah battery pack@12v

That will mine 1,000 watts 24*7 with no utilities. Best miner right now is that Avalon thing, 2.7gh?

Got kinda big there....

Or a 1,000 watt peltier water turbine attached to a 1kw generator. Bit smaller. :-)

[RichBC]

If I was doing this in a big way then I think batteries are a no no, just too expensive & they need replacing at some point. I think the thing to do is to "cheat".  

Have a grid tied system and run the miner off the mains in the usual way. Choose an appropriately sized miner for the overall solar power you are generating and then just keep tabs on the solar power you have generated and the grid power consumed. Then do some maths on an ongoing basis to check the profitability. Over a period of time you will get exactly the same result as having a large battery bank, but without the initial and ongoing replacement costs.


Rich

[Finksy]

The two ventures (solar and mining) do not have to be mutually inclusive.  The solar power generates revenue in itself by being grid-tied, and I would be inclined to design it to make the best use of my invested capital, labour costs to install the system, and with a fixed output if the tariff rates are tiered. Then, buy as many miners as you would in a traditional sense, weighing your ROI over time given the purchase price of electricity. From a cash-flow point of view, it's not a bad idea to use as much electricity on mining as revenue is generated from the solar, however the notion of mining on solar power is more of a warm-fuzzy-romantic-feeling than grounded in logic.  Each venture can be profitable in itself, but they aren't necessarily better when combined. 

However, the idea of a hydro-electric turbine generated mining setup makes a lot of sense, because those types of locations would typically be remote and you wouldn't be able to tie into the grid anyways. And as someone mentioned, the passive cooling is an added perk.  I wonder at what point there would be an environmental impact from the heat being added into the water?

[lightfoot]

If I was doing this in a big way then I think batteries are a no no, just too expensive & they need replacing at some point. I think the thing to do is to "cheat".  

Have a grid tied system and run the miner off the mains in the usual way. Choose an appropriately sized miner for the overall solar power you are generating and then just keep tabs on the solar power you have generated and the grid power consumed. Then do some maths on an ongoing basis to check the profitability. Over a period of time you will get exactly the same result as having a large battery bank, but without the initial and ongoing replacement costs.


Rich

Oh yeah, but then you're using the grid as your battery. If you're doing this in a cabin far from humanity that's what you will need.

Also it's interesting to note how much power you need to run a modern-ish life off grid. A fridge pulls 100-200 watts 24*7, there's 20% of that amount. Lot of batteries and panels needed to run the modern life. So go hug your utility guy sometime....

[lightfoot]

However, the idea of a hydro-electric turbine generated mining setup makes a lot of sense, because those types of locations would typically be remote and you wouldn't be able to tie into the grid anyways. And as someone mentioned, the passive cooling is an added perk.  I wonder at what point there would be an environmental impact from the heat being added into the water?

Um. Unless you're thinking Hoover dam levels of power generation the waste heat would be minimal. Remember your turbine needs water flowing by it to work, so that flowing water can take the heat away. Now if you build a nuclear power plant.........

[Finksy]

However, the idea of a hydro-electric turbine generated mining setup makes a lot of sense, because those types of locations would typically be remote and you wouldn't be able to tie into the grid anyways. And as someone mentioned, the passive cooling is an added perk.  I wonder at what point there would be an environmental impact from the heat being added into the water?

Um. Unless you're thinking Hoover dam levels of power generation the waste heat would be minimal. Remember your turbine needs water flowing by it to work, so that flowing water can take the heat away. Now if you build a nuclear power plant.........

I was thinking more along the lines if you were using the water to cool your miners/air as well

[lightfoot]

I was thinking more along the lines if you were using the water to cool your miners/air as well

Right, and as your power use increases lineally the heat output increases linerally but the water flow/pressure to the turbine increases by the oh fudge this is math, probably pir^2. Regardless your pipe is getting bigger, thus the flow through your heat exchanger is increasing faster than the chips dump heat into the water.

Hm. How much would an abandoned dam cost I wonder.

How much temp rise? Well, the size of your pond after the tailstock would determine the temp rise with 1j of energy rasing one cc of that water 1 degree c. It would probably take a bit....

Hm. Now I'm thinking of building a dyson swarm around a star and harnessing all the star's power output to run bitcoin miners. I wonder what that would do to the difficulty assuming we use all those generation 1 Avalon chips. Hm. That may not work due to latency/lag between the chips and the closest bitcoin nodes. Oh well...

[notlist3d]

If I was doing this in a big way then I think batteries are a no no, just too expensive & they need replacing at some point. I think the thing to do is to "cheat".  

Have a grid tied system and run the miner off the mains in the usual way. Choose an appropriately sized miner for the overall solar power you are generating and then just keep tabs on the solar power you have generated and the grid power consumed. Then do some maths on an ongoing basis to check the profitability. Over a period of time you will get exactly the same result as having a large battery bank, but without the initial and ongoing replacement costs.


Rich

Oh yeah, but then you're using the grid as your battery. If you're doing this in a cabin far from humanity that's what you will need.

Also it's interesting to note how much power you need to run a modern-ish life off grid. A fridge pulls 100-200 watts 24*7, there's 20% of that amount. Lot of batteries and panels needed to run the modern life. So go hug your utility guy sometime....

I think this is true.  Miners use a LOT of power if using a decent sized one.  You easily can run thousands of watts on miners even in "home" mining.  And "hobby" miners are even more then that.

I just do not see a big payoff when you spend the amount on even just solar panels.   Going cheap electric is going to win every time.

[Atomicat]

If I was doing this in a big way then I think batteries are a no no, just too expensive & they need replacing at some point. I think the thing to do is to "cheat".  

Have a grid tied system and run the miner off the mains in the usual way. Choose an appropriately sized miner for the overall solar power you are generating and then just keep tabs on the solar power you have generated and the grid power consumed. Then do some maths on an ongoing basis to check the profitability. Over a period of time you will get exactly the same result as having a large battery bank, but without the initial and ongoing replacement costs.


Rich

Oh yeah, but then you're using the grid as your battery. If you're doing this in a cabin far from humanity that's what you will need.

Also it's interesting to note how much power you need to run a modern-ish life off grid. A fridge pulls 100-200 watts 24*7, there's 20% of that amount. Lot of batteries and panels needed to run the modern life. So go hug your utility guy sometime....

I think this is true.  Miners use a LOT of power if using a decent sized one.  You easily can run thousands of watts on miners even in "home" mining.  And "hobby" miners are even more then that.

I just do not see a big payoff when you spend the amount on even just solar panels.   Going cheap electric is going to win every time.

At the current difficulty and the high-priced ASICs even miner with cheap or even free electricity will have a hard time getting an ROI.

[notlist3d]

If I was doing this in a big way then I think batteries are a no no, just too expensive & they need replacing at some point. I think the thing to do is to "cheat".  

Have a grid tied system and run the miner off the mains in the usual way. Choose an appropriately sized miner for the overall solar power you are generating and then just keep tabs on the solar power you have generated and the grid power consumed. Then do some maths on an ongoing basis to check the profitability. Over a period of time you will get exactly the same result as having a large battery bank, but without the initial and ongoing replacement costs.


Rich

Oh yeah, but then you're using the grid as your battery. If you're doing this in a cabin far from humanity that's what you will need.

Also it's interesting to note how much power you need to run a modern-ish life off grid. A fridge pulls 100-200 watts 24*7, there's 20% of that amount. Lot of batteries and panels needed to run the modern life. So go hug your utility guy sometime....

I think this is true.  Miners use a LOT of power if using a decent sized one.  You easily can run thousands of watts on miners even in "home" mining.  And "hobby" miners are even more then that.

I just do not see a big payoff when you spend the amount on even just solar panels.   Going cheap electric is going to win every time.

At the current difficulty and the high-priced ASICs even miner with cheap or even free electricity will have a hard time getting an ROI.

We had a LONG time of very low nice difficulty changes so keep that in mind when looking at it.  Will this difficulty change hurt?  Yes sure will.

But overall we are not doing bad, unless we continue at this rate.  If we continue at 10 plus per week yes could be bad if market does not follow.

[Atomicat]

If I was doing this in a big way then I think batteries are a no no, just too expensive & they need replacing at some point. I think the thing to do is to "cheat".  

Have a grid tied system and run the miner off the mains in the usual way. Choose an appropriately sized miner for the overall solar power you are generating and then just keep tabs on the solar power you have generated and the grid power consumed. Then do some maths on an ongoing basis to check the profitability. Over a period of time you will get exactly the same result as having a large battery bank, but without the initial and ongoing replacement costs.


Rich

Oh yeah, but then you're using the grid as your battery. If you're doing this in a cabin far from humanity that's what you will need.

Also it's interesting to note how much power you need to run a modern-ish life off grid. A fridge pulls 100-200 watts 24*7, there's 20% of that amount. Lot of batteries and panels needed to run the modern life. So go hug your utility guy sometime....

I think this is true.  Miners use a LOT of power if using a decent sized one.  You easily can run thousands of watts on miners even in "home" mining.  And "hobby" miners are even more then that.

I just do not see a big payoff when you spend the amount on even just solar panels.   Going cheap electric is going to win every time.

At the current difficulty and the high-priced ASICs even miner with cheap or even free electricity will have a hard time getting an ROI.

We had a LONG time of very low nice difficulty changes so keep that in mind when looking at it.  Will this difficulty change hurt?  Yes sure will.

But overall we are not doing bad, unless we continue at this rate.  If we continue at 10 plus per week yes could be bad if market does not follow.

The BITMAIN AntMiner S7's are moving very fast. We're only going to see more and more hashpower added in the coming weeks.

[lightfoot]

Please remember that mining is the ultimate zero sum/queen's race game there is. The faster the miners that come out, the higher the difficulty and the quicker they become totally obsolete. It is a perfect market, therefore long term profits are impossible.

* Queen's race: Where you have to run faster and faster just to stay in place.

[notlist3d]

Please remember that mining is the ultimate zero sum/queen's race game there is. The faster the miners that come out, the higher the difficulty and the quicker they become totally obsolete. It is a perfect market, therefore long term profits are impossible.

* Queen's race: Where you have to run faster and faster just to stay in place.

The mines are suspose to get more efficient to where it helps in race when switching to new.  Also value should reflect mining.

Value of BTC right is not bad.  it's not terrific or anything but I consider it to be a lot better then 230 we were at forever.  So there are some good things out there.

In this thread some are the tremedoous lucky with "free" power.  Those people are hard to beat.

[johny08]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

[notlist3d]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

[RichBC]

@ Taylor256

If you are going to plagiarise some text straight of the net at least edit it to fit the context of the thread and remove text like "In this science fair project"...............



Rich

[jackg]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

They probably wouldn't make too much noise, and If they did, you would be able to try and drown ehm out or even place them in the cupboard. There would be enough plug sockets, I think. Why would staff get suspicious about not being able toclean a room, also, if you book somewhere like a premier inn or travel lodge, they don't tend to not clean the rooms on daily basises anyway!

[notlist3d]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

They probably wouldn't make too much noise, and If they did, you would be able to try and drown ehm out or even place them in the cupboard. There would be enough plug sockets, I think. Why would staff get suspicious about not being able toclean a room, also, if you book somewhere like a premier inn or travel lodge, they don't tend to not clean the rooms on daily basises anyway!

Which miners have you ran personally?  I don't think you get how loud some can be.  And putting in a cupboard..... would trap exhust with miner so it would be like a box of death getting hotter and hotter.

This will not work in hotel in 90 percent of cases.  And if it does... chances are you paying more for hotel then you make with miners.  They are not geared for a lot of electricity.  And actually chances are you would try it in a motel not hotel.... and it could be one nasty place.  But still not going to get you cheap electricity after paying for room.

[VirosaGITS]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

They probably wouldn't make too much noise, and If they did, you would be able to try and drown ehm out or even place them in the cupboard. There would be enough plug sockets, I think. Why would staff get suspicious about not being able toclean a room, also, if you book somewhere like a premier inn or travel lodge, they don't tend to not clean the rooms on daily basises anyway!

Which miners have you ran personally?  I don't think you get how loud some can be.  And putting in a cupboard..... would trap exhust with miner so it would be like a box of death getting hotter and hotter.

This will not work in hotel in 90 percent of cases.  And if it does... chances are you paying more for hotel then you make with miners.  They are not geared for a lot of electricity.  And actually chances are you would try it in a motel not hotel.... and it could be one nasty place.  But still not going to get you cheap electricity after paying for room.

Just give them the oven example. When the oven door is closed, the heat go way up and it cook your food. That is identical to what would happen to your miners, they would cook. I'm meeting a lot of people, even IRL that want to get into mining and thats what they usually say;

"Just put it in the storage room." (That has no window or air flow)

Last one yesterday, chained with "I'll just put an AC there" which would just generate more heat since he did not have a way to dump the heat outside. He was going to leave the exhaust in the storage room as well.

[sishendaoye]

When you rent office space, most of the time electricity is included. The same applies for renting an house.
But make sure with your landlord that the price is included. Don't go out setting up 20 miners and then having your landlord come to you to pay the electricty bill.

[notlist3d]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

They probably wouldn't make too much noise, and If they did, you would be able to try and drown ehm out or even place them in the cupboard. There would be enough plug sockets, I think. Why would staff get suspicious about not being able toclean a room, also, if you book somewhere like a premier inn or travel lodge, they don't tend to not clean the rooms on daily basises anyway!

Which miners have you ran personally?  I don't think you get how loud some can be.  And putting in a cupboard..... would trap exhust with miner so it would be like a box of death getting hotter and hotter.

This will not work in hotel in 90 percent of cases.  And if it does... chances are you paying more for hotel then you make with miners.  They are not geared for a lot of electricity.  And actually chances are you would try it in a motel not hotel.... and it could be one nasty place.  But still not going to get you cheap electricity after paying for room.

Just give them the oven example. When the oven door is closed, the heat go way up and it cook your food. That is identical to what would happen to your miners, they would cook. I'm meeting a lot of people, even IRL that want to get into mining and thats what they usually say;

"Just put it in the storage room." (That has no window or air flow)

Last one yesterday, chained with "I'll just put an AC there" which would just generate more heat since he did not have a way to dump the heat outside. He was going to leave the exhaust in the storage room as well.

Exactly I think what we saw was someone trying to give advice with a signature... .and they did not have proper info to give advice.  They did not understand some miners do make lots of noise... it's in some of their nature.  Granted you can cut it down but a box with no exhaust or intake is one of the worst idea's ever.

The miner will actually be dead silent most likely..... as it will die from hot exhaust getting hotter.... and hotter running in cupboard.

[mfaidzul]

Just get some thick copper cable, attach a hook on and chuck it up the nearest power line...

[fro85]

New guy here!

So I live in NC and since OCT '14 I've paid $650 with all utilities included. Yes this includes electricity and Time Warner internet. Here is the downside I'm moving in two weeks  I was just thinking man I could have made ROI and then some.

[strayanbit]

I don't imagine you will find much free power around... How is your search going for free bitcoins?

I know that in Australia, you can now lease solar panels,  perhaps this could be the sort of solution you are looking for.  I have also seen offers like 60 months interest free, on solar panels.  Would 5 years be enough free energy to pay off the panels?
Despite all that, i doubt whether it would be worth it $wise (even with free power), I mean there are now mining companies listed on the ASX, who do nothing but mine.  Unless you're planning on playing for real money, probs best not to bother!

[VirosaGITS]

I don't imagine you will find much free power around... How is your search going for free bitcoins?

I know that in Australia, you can now lease solar panels,  perhaps this could be the sort of solution you are looking for.  I have also seen offers like 60 months interest free, on solar panels.  Would 5 years be enough free energy to pay off the panels?
Despite all that, i doubt whether it would be worth it $wise (even with free power), I mean there are now mining companies listed on the ASX, who do nothing but mine.  Unless you're planning on playing for real money, probs best not to bother!

If you have free electricity, ROI is extremely easy and pretty much guaranteed. You can't lose money mining BTC with free electricity, so its kind of a life hack that make it so you always earn BTC.

Unless you do stupid things like buy a USB miner for 3000USD.

[jackg]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

They probably wouldn't make too much noise, and If they did, you would be able to try and drown ehm out or even place them in the cupboard. There would be enough plug sockets, I think. Why would staff get suspicious about not being able toclean a room, also, if you book somewhere like a premier inn or travel lodge, they don't tend to not clean the rooms on daily basises anyway!

Which miners have you ran personally?  I don't think you get how loud some can be.  And putting in a cupboard..... would trap exhust with miner so it would be like a box of death getting hotter and hotter.

This will not work in hotel in 90 percent of cases.  And if it does... chances are you paying more for hotel then you make with miners.  They are not geared for a lot of electricity.  And actually chances are you would try it in a motel not hotel.... and it could be one nasty place.  But still not going to get you cheap electricity after paying for room.

Just give them the oven example. When the oven door is closed, the heat go way up and it cook your food. That is identical to what would happen to your miners, they would cook. I'm meeting a lot of people, even IRL that want to get into mining and thats what they usually say;

"Just put it in the storage room." (That has no window or air flow)

Last one yesterday, chained with "I'll just put an AC there" which would just generate more heat since he did not have a way to dump the heat outside. He was going to leave the exhaust in the storage room as well.

Exactly I think what we saw was someone trying to give advice with a signature... .and they did not have proper info to give advice.  They did not understand some miners do make lots of noise... it's in some of their nature.  Granted you can cut it down but a box with no exhaust or intake is one of the worst idea's ever.

The miner will actually be dead silent most likely..... as it will die from hot exhaust getting hotter.... and hotter running in cupboard.

WOW!!! NOW I AM ACCUSED OF SPAMMING, what you want me to stop supporting Bitcoin. drop my avatar and signature, leave the site, maybe drop my programming skills to! However, you could charge lithium Ion batteries, take them home, and run your miners off them. They can charge while there and be tae home to use on the miners!

Don't accuse people of spamming just because they have a signature campaign! Just because I want to earn money while posting about my favourite thing (computer science)! Find something useful to do and quick!

[MTBTT]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

There is really no such thing as free power... You'll eventually get caught and get kicked out of your place.

[VirosaGITS]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

There is really no such thing as free power... You'll eventually get caught and get kicked out of your place.

Several location in the world has free electricity, few cents per Month per kWh. And there are quite a few "electricity included in rent" deals in places where electricity is cheap. And here, if electricity is included but you take too much, the landlord does not have ground to kick you out.

If you abuse, he has legal right to request you to tone it down, but unless you run a 20kW mine in your living room, i think you'll be just fine.

[rockyforever]

Some of the users on this forum made posts where they claim to get free power, where do they get this power from?

Suppose, if you have an antminer s7, it can produce 1btc a month.
1btc is around £200.
Hotel accomodation, per night, including electricity and internet: £40
200x6=1200
1200/30=40

So for 6 antminer s7s, you get around £1200 a month.
Convert this into money and you have £40 a night!
Purchase about 10 s7s and you have got yourself £800 a month or more than £20 a night!

Not so bad but needs a high capital!

what a moron brain could ever think that?

And the staff will never wonder why you never let them clean the room or the loud noises other rooms complain about....

It's a idea that will never work.  Hotels are not meant for ton's of electrical usage. You would really surprise me if you could do 6 S7's in 1 hotel room.

They probably wouldn't make too much noise, and If they did, you would be able to try and drown ehm out or even place them in the cupboard. There would be enough plug sockets, I think. Why would staff get suspicious about not being able toclean a room, also, if you book somewhere like a premier inn or travel lodge, they don't tend to not clean the rooms on daily basises anyway!

Which miners have you ran personally?  I don't think you get how loud some can be.  And putting in a cupboard..... would trap exhust with miner so it would be like a box of death getting hotter and hotter.

This will not work in hotel in 90 percent of cases.  And if it does... chances are you paying more for hotel then you make with miners.  They are not geared for a lot of electricity.  And actually chances are you would try it in a motel not hotel.... and it could be one nasty place.  But still not going to get you cheap electricity after paying for room.

Just give them the oven example. When the oven door is closed, the heat go way up and it cook your food. That is identical to what would happen to your miners, they would cook. I'm meeting a lot of people, even IRL that want to get into mining and thats what they usually say;

"Just put it in the storage room." (That has no window or air flow)

Last one yesterday, chained with "I'll just put an AC there" which would just generate more heat since he did not have a way to dump the heat outside. He was going to leave the exhaust in the storage room as well.

Exactly I think what we saw was someone trying to give advice with a signature... .and they did not have proper info to give advice.  They did not understand some miners do make lots of noise... it's in some of their nature.  Granted you can cut it down but a box with no exhaust or intake is one of the worst idea's ever.

The miner will actually be dead silent most likely..... as it will die from hot exhaust getting hotter.... and hotter running in cupboard.

WOW!!! NOW I AM ACCUSED OF SPAMMING, what you want me to stop supporting Bitcoin. drop my avatar and signature, leave the site, maybe drop my programming skills to! However, you could charge lithium Ion batteries, take them home, and run your miners off them. They can charge while there and be tae home to use on the miners!

Don't accuse people of spamming just because they have a signature campaign! Just because I want to earn money while posting about my favourite thing (computer science)! Find something useful to do and quick!

He didn't necessarily say you spammed but you gave some horrid advice. NEVER, ever put miners into a cupboard. Would you put a computer tower in a cupboard without proper ventilation? No, so why would putting a miner be any different? Don't give advice if you know nothing. thanks!

[lightfoot]

Ok, back to topic: If you really want to do "free" power, figure out how you can make a miner help things. For example power factor correction. Could there be a way to use the inductors on the 12v to .6v switching circuits in every damn miner to smooth out the lead/lag loads on say HVAC equipment? How about non-linear loads? Utilities charge a dump truck worth of money to consumers that have crappy power factor, either put that extra energy into the inductors for the miner, or let the miner's fields dump into the lead side of the sine wave.

Then you mine bitcoins, make utilities happy, AND clients happy. They need smaller wires, they have less overheats, utility runs more efficiently, you get hailed as a fucking hero and get a statue.

[Finksy]

WOW!!! NOW I AM ACCUSED OF SPAMMING, what you want me to stop supporting Bitcoin. drop my avatar and signature, leave the site, maybe drop my programming skills to! However, you could charge lithium Ion batteries, take them home, and run your miners off them. They can charge while there and be tae home to use on the miners!

Don't accuse people of spamming just because they have a signature campaign! Just because I want to earn money while posting about my favourite thing (computer science)! Find something useful to do and quick!

Do you believe that supporting gambling websites is helpful and supportive of Bitcoin, just in the name of making a few dollars? Maybe you should find something more useful to do, instead of leveraging a hobby for monetary gain at the expense of other people's losses. I'm not even going to touch on your suggestions, not with a 10 foot pole.

[ezeminer]

It looks like some people referenced solar power and the long-term payoff..

There was another project a guy had done https://bitcointalk.org/index.php?topic=1077811.0
He did it for $158 and runs 3 antminer u2's on it.
ROI is almost never unless he gets lucky and gets a block.

Just depends how much you believe in bitcoin for the long-term payoff.


Personally you should just go climb an electric pole and hope you don't get shocked while hooking up a free line to your house, heh heh.

[Beraturker]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

[VirosaGITS]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

Its not free if you had to invest money in order to get it. To get free electricity, you need to find a deal where you pay a flat access to your electricity(Included in rent that you need anyways) and then consuming more electricity does not cost more money.

[Amph]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

Its not free if you had to invest money in order to get it. To get free electricity, you need to find a deal where you pay a flat access to your electricity(Included in rent that you need anyways) and then consuming more electricity does not cost more money.

or find someone with very cheap electricity and rent your miners in his location, still undecided if this could be better than cloud

legit cloud might also be a solution, i don't see any difference in a home mining with 0.05 electricity and cloud with the same rate, actually there will be less troubles with cloud

[VirosaGITS]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

Its not free if you had to invest money in order to get it. To get free electricity, you need to find a deal where you pay a flat access to your electricity(Included in rent that you need anyways) and then consuming more electricity does not cost more money.

or find someone with very cheap electricity and rent your miners in his location, still undecided if this could be better than cloud

legit cloud might also be a solution, i don't see any difference in a home mining with 0.05 electricity and cloud with the same rate, actually there will be less troubles with cloud

And you know of a legit cloud doing it for that cheap? All i have seen is 0.08-0.11.

[Amph]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

Its not free if you had to invest money in order to get it. To get free electricity, you need to find a deal where you pay a flat access to your electricity(Included in rent that you need anyways) and then consuming more electricity does not cost more money.

or find someone with very cheap electricity and rent your miners in his location, still undecided if this could be better than cloud

legit cloud might also be a solution, i don't see any difference in a home mining with 0.05 electricity and cloud with the same rate, actually there will be less troubles with cloud

And you know of a legit cloud doing it for that cheap? All i have seen is 0.08-0.11.

there was one guy on the main mining section(too bad it's full of spam now, the thread seems lost), actually there were two, one look legit the other not so much

[gkv9]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

Its not free if you had to invest money in order to get it. To get free electricity, you need to find a deal where you pay a flat access to your electricity(Included in rent that you need anyways) and then consuming more electricity does not cost more money.

By saying that, do you mean that he can get electricity on rent and then get access to more electricity even at the same rates???

[VirosaGITS]

If you have the right amount of money to be invested in renewable energy.. You can get free energy..

Its not free if you had to invest money in order to get it. To get free electricity, you need to find a deal where you pay a flat access to your electricity(Included in rent that you need anyways) and then consuming more electricity does not cost more money.

By saying that, do you mean that he can get electricity on rent and then get access to more electricity even at the same rates???

Yes, electricity is included in my rent, so if i put 5kW on miners, i pay the same monthly rent as if i have 0kW on miners. Otherwise electricity cost is under 0.06, which is very cheap still. (Up to 30kW)