Bitcoin Forum
March 28, 2024, 02:36:14 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Solar Panel user here, wondering if I'm a good candidate to start mining.  (Read 533 times)
phyx726 (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
July 14, 2011, 01:17:27 PM
 #1

Basically I haven't played any games on my 5870 for over a month mostly because of work.  We have solar panels in the house and PG&E doesn't give us a refund for the kWh we produce.  I want to do this strictly for side money and was wondering if I'm a little too late to join the game.

Also I've been reading a lot of posts of people who say panels aren't affordable because you have to buy and finance the panels but we actually lease them for about 60/month with no down payment and installation fees.  You only pay 60/month with no hidden fees, not sure if people are aware of that.  It is a 20-year lease though and you can transfer the lease to someone else for about 250 dollars if you plan to move.  And really it was a great option for our family as now we're saving about over 100 a month on electricity.

This is what our usage has been since we've installed panels early Feb and as you can see, PG&E took away negative kWh so we don't get to profit from the gains.  I need a way to make back the lost profits but need to know if it's still worth doing so.
http://img705.imageshack.us/img705/8424/electricbill.jpg
1711636574
Hero Member
*
Offline Offline

Posts: 1711636574

View Profile Personal Message (Offline)

Ignore
1711636574
Reply with quote  #2

1711636574
Report to moderator
1711636574
Hero Member
*
Offline Offline

Posts: 1711636574

View Profile Personal Message (Offline)

Ignore
1711636574
Reply with quote  #2

1711636574
Report to moderator
1711636574
Hero Member
*
Offline Offline

Posts: 1711636574

View Profile Personal Message (Offline)

Ignore
1711636574
Reply with quote  #2

1711636574
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711636574
Hero Member
*
Offline Offline

Posts: 1711636574

View Profile Personal Message (Offline)

Ignore
1711636574
Reply with quote  #2

1711636574
Report to moderator
1711636574
Hero Member
*
Offline Offline

Posts: 1711636574

View Profile Personal Message (Offline)

Ignore
1711636574
Reply with quote  #2

1711636574
Report to moderator
MoonShadow
Legendary
*
Offline Offline

Activity: 1708
Merit: 1007



View Profile
July 14, 2011, 01:22:25 PM
 #2

Considering that you already have all the gear, yes GPU mining would be worthwhile for you, so long as you can exclude increased AC costs.  If you can wait until your heating season starts, you literally couldn't lose as long as you have a script that can turn off and on GPU mining with the available power so that you don't go over your generated amount by very much.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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!