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Author Topic: Mining with free electricity  (Read 700 times)
gspiljar (OP)
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May 05, 2013, 09:46:20 AM
Last edit: May 05, 2013, 03:10:05 PM by gspiljar
 #1

offer doesnt stands anymore
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escrow.ms
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May 05, 2013, 10:06:23 AM
 #2

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

escrow.ms
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May 05, 2013, 10:46:57 AM
 #3

Where do you live mate?
alexanderroth80
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May 05, 2013, 10:57:13 AM
 #4

and what guarantees are there?
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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
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May 05, 2013, 11:05:19 AM
 #6

Sorry, but this sounds a bit fishy.
nfuse
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May 05, 2013, 11:08:41 AM
 #7

how is it possible you have free electricity ?
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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
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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.

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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
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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
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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.
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May 05, 2013, 03:43:03 PM
 #13

I'm very interested in this idea. I'll keep watching.
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