Bitcoin Forum
March 01, 2021, 02:25:04 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Mining with free electricity  (Read 669 times)
gspiljar
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
May 05, 2013, 09:46:20 AM
Last edit: May 05, 2013, 03:10:05 PM by gspiljar
 #1

offer doesnt stands anymore
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1614608704
Hero Member
*
Offline Offline

Posts: 1614608704

View Profile Personal Message (Offline)

Ignore
1614608704
Reply with quote  #2

1614608704
Report to moderator
escrow.ms
Legendary
*
Offline Offline

Activity: 1274
Merit: 1004


View Profile
May 05, 2013, 10:06:23 AM
 #2

okay what if you will go away with all money or hardware lol

escrow.ms
Legendary
*
Offline Offline

Activity: 1274
Merit: 1004


View Profile
May 05, 2013, 10:46:57 AM
 #3

Where do you live mate?
alexanderroth80
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
May 05, 2013, 10:57:13 AM
 #4

and what guarantees are there?
Blazr
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1004



View Profile
May 05, 2013, 11:01:43 AM
 #5

You do realize that all of these "rigs" are ridiculously useless at mining?

Mining doesn't use any RAM or HDD space, a rig with 1GB or 512GB RAM will mine at exactly the same speed (for BTC at least), and a DVDRW drive? Lulz.

What matters is the CPU/GPU's. I would also point out that mining BTC on CPU/GPU's is now completely pointless due to increased difficulty from ASIC's. Mining rigs are only good for mining altcoins now, ASIC's for BTC.

DragonDNS
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
May 05, 2013, 11:05:19 AM
 #6

Sorry, but this sounds a bit fishy.
nfuse
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
May 05, 2013, 11:08:41 AM
 #7

how is it possible you have free electricity ?
nfuse
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
May 05, 2013, 11:09:40 AM
 #8

oh and if i do this can i control my own rig? so i can point it to the most profitable alt coin?
Blazr
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1004



View Profile
May 05, 2013, 11:12:11 AM
 #9

how is it possible you have free electricity ?

Free for him, maybe not free for his next door neighbour  Grin

Nah, some rental apartments come with all utilities included, so the landlord pays your electricity, thats until he gets hit with a crazy bill however, then you'll have to explain what BTC mining is to a judge.

novem
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
May 05, 2013, 12:12:22 PM
 #10

Free electric is cool, but always try to keep in mind those who are paying for it, friend Smiley
Collectrix
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
May 05, 2013, 12:21:03 PM
 #11

How do we have any proof of what you say is what is true?  Who are you?  What do you do?  Why should someone trust you with funds?
KS
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile
May 05, 2013, 01:26:40 PM
 #12

"Free" 15KW of electricity is about 30K USD if you DIY (not sure about the price in Croatia, just plug in the right amount Wink. Then you need to factor in the sun expo, weather conditions and loss of panel efficiency over the avg lifespan of an installation (15/20 yrs?).

Say you're super lucky and everything is maxed out in your favor, the thing will cost you 125 USD per month (30K USD divided by (20 years x 12 Months x 100% efficiency)) and will let you power about ... 10PCs (4x 797OC + CPU etc is about 1300-1400W at the wall with 80+ Platinum PSU with 95% efficiency). Properly configured, you're looking at about 28GH/s. Cool.

Each computer will cost about 2 or 3K USD (quality components). Don't forget about the environment you're running the PC's in to max their lifespan (heat, humidity, power stability, etc), what about batteries, UPS, internet bandwidth, etc which will add to your costs.

Now, start playing with the numbers and see how low you can get before it becomes unprofitable and you'll know whether it makes sense to invest in this venture and how much your % should be to cover your costs (CAPEX/OPEX etc). It's a job Wink

Good luck.
mr_gocs
Newbie
*
Offline Offline

Activity: 9
Merit: 0



View Profile
May 05, 2013, 03:43:03 PM
 #13

I'm very interested in this idea. I'll keep watching.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!