Cheap electricity for mining Bitcoin

[upsidedown75]

Why do you think that cheap electricity for bitcoin mining, maybe your intention is easy in payment with bitcoin, not cheap for mining

If use mining it needs to more power so it will use to care. Solar panel is useful to power save and electricity bill save. You will use power to mining process. Mining is counite the network process.

For some of you guys who think solar will help out in getting cheap electricity, have you considered the cost of setting up a solar that would effectively get your miners running 247, which I doubt as well as the cost of maintenance once in a while of the solar panels ?

I guess not! These things do not come cheap and from the last time I checked, they are so expensive that getting back your ROI may take longer than you can even ever imagine. It is best you get it cheap in your country or just find something else to do than mining.

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[bitgolden]

Solar panels are the most cheapest electricity for mining bitcoins there will be installation charges in the beginning for solar panels but later it will help to earn more profits, solar panels helps to mitigate electrical charges by using natural energy for electrical energy which is helpful in mining bitcoins and other crypto currencies. Solar energy helps to reserve more electrical energy which can be used for mining bitcoins using many machines and rest of the energy can be sold out which can help to earn profits.

They are not cheap. Even if you are trying to go the small scale level, you will still have to spend some quite amount of cash to set it up.

Except if you really have some bucks to invest for the long run and can have some money to set up a good miner which can generate something good for you and then get you up and running with the increasing value of bitcoin in the long run, then there is no way you won't get frustrated at the end.