philipma1957 (OP)
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February 04, 2019, 01:49:27 PM |
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I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
No, mining currently has no effect on video card prices. That was like 6-18 months ago. Their prices today has more to do with gaming. With that said Nvidia cards do beat out AMD when it comes to algorithms like progpow and mimblewimble. I think the only algorithms where AMD flat out beats NVIDIA are all the cryptonight variants. Anyways its very cheap now if you want to get into mining, but of course, thats because there's no money to be made. The used market is flooded with people selling their mining equipment. And if you buy new you could probably get some good deals. With that said, spend at your own risk. Crypto doesn't look like it will be going up anytime soon. I'm still here since mining heats up the house pretty nicely during the winter. But once it hits April or May I will have to downsize the farm quite a bit. this is the key for mining. How much power cost is. Was not true in December 2017 key was how much gear you could run . In the garage I have : 1 apollo =130 watts some sidehack usb sticks = 30 watts some moonlander sticks = 100 watts 4 vegas = 800 1 rx 580 =140 2 rtx 2070 = 140 1 threadripper = 90 2x ryzen 2700's = 140 total 1570 watts lets bump to 1600 or 1.6 x 24 x 31 = 1190 kwatts lets bump to 1200 kwatts x 13 cents = 156 in power heat is worth 20 percent so 31 off I spend 125 in power in my home. I have 3 s-9s hosted for a total of 130 a month so fiat cost in power for paid off gear = 225 the 3 s-9's earn 185 so net loss would be 40 a month if the bci and the ltc/doge and the grin were zero. I mostly mine bci in the garage say 150 a month at 20 cents = 30 so -40 + 30 = -10 the grin is 6 a week = +24 so +14 the usb sticks are solo pools the apollo is solo pool in 15 months I hit a block of doge which is a dollar a month. so my garage mining makes about 15 a month. but the solar deals are 12 1080ti's at zero fiat ½ coins so that is 450 bci and 16 grin monthly of which ½ are mine so 450 x 20 cent = 90 for the bci 16 x 5bucks = 80 for the grin I net 170 ½ is mine = 85 a month so 85 + 15 = 100 a month That does not count the : 530th BTC 7gh LTC Solar project in Clifton that is ½ coins for the warehouse owner ½ coins to be split with buysolar and I so I have 530/2 = 265/2 = 132 th free btc mining about 600 usd a month I have 7/2 = 3.5/2 = 1.75 gh free ltc mining about 250 usd a month thats 850 monthly profit So I am 950 a month round down for travel to clifton I am 900 a month I cash some btc and some ltc I hodl BCI I hodl GRIN I could do this for a long time and mostly break even on fiat while gaining coins. 1 bull run and nice score Stays the same for a year I would coin 900 x 12 = 10800 of which I would keep 5000 of that in coin and cash 5800 out in profit. So I have a plan for all of 2019. I also take the 10,800 number and I round down to 8,000 of which I would pull 5,000 cash and keep 3,000 coin. Thats worse case. Since I am hodling all the bci and the grin if they drop 8000 is more realistic If either BCI or GRIN take off I am golden. All of the above represents gear paid off from profits in 2017 BTW 2017 profits are not all gone, but I Have reached the point of no more expansion from now till July.
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BogdanCo
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February 04, 2019, 04:57:47 PM |
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Guys how much are you doing with a Vega64 on Grin?
I'm about 0,42 gps on Grin-31 / Vega64 at about 200W.
That's pretty much where you should be, upper end even. What miner are you using? I suppose it's the Minerbabe distro... I've been using it too and it was pretty stable. The only problem is that its web management platform is grossly unpolished and lacks a lot of features. Yes Minerbabe, but on the desktop with chrome browser you have more features than for example on the phone... When I installed the Minerbabe distro on my rigs I had access only to the phone and couldn't make them run properly, readings on the Kill-a-Watt were between 900W - 1500W for a 6 x Vega64's rig and the rigs were restarting with a Corsair 1500W PSU. When I got home I tried it again on the desktop and I could do the undervolt properly. Now on the Minerbabe the Wattage varies between 600W-1000W but I think real are at ~1300W.
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VoskCoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2019, 08:30:11 PM |
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Keep up the good work, Vosk ! haha trying man, trying! thanks for the support though.
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VoskCoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2019, 08:33:06 PM |
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I cannot believe that you are still mining this BCI shit. I know you are mining Grin as well, but ffs brother, if you want more BCI, then buy some. BCI is nowhere to be found on mining profitability lists. # I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
It is what the current miners are optimized in. One year ago, AMD was ahead of NVDIA on the GPU race. Now things have shifted a bit towards NVDIA favor. Their difference in performance is roughly 1/3 regardless of the coin. New AMD 16 GB is out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was vocal against BCI and then their community attacked my video & channel lol I'm really curious as to what you see in them Phil, I am surprised to see you throw all your weight behind a project -- especially BCI Also a side note, any good how to mine (x) coin guides you've read recently -- I'm trying to create more written content and want some stuff to compare to
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dragonmike
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2019, 09:07:13 PM |
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I cannot believe that you are still mining this BCI shit. I know you are mining Grin as well, but ffs brother, if you want more BCI, then buy some. BCI is nowhere to be found on mining profitability lists. # I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
It is what the current miners are optimized in. One year ago, AMD was ahead of NVDIA on the GPU race. Now things have shifted a bit towards NVDIA favor. Their difference in performance is roughly 1/3 regardless of the coin. New AMD 16 GB is out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was vocal against BCI and then their community attacked my video & channel lol I'm really curious as to what you see in them Phil, I am surprised to see you throw all your weight behind a project -- especially BCI Also a side note, any good how to mine (x) coin guides you've read recently -- I'm trying to create more written content and want some stuff to compare to I suppose it's the appeal of PoW+PoS. You not only accumulate them by mining, you get some extra interest on top. The more you have, the more you stake too. Unfortunately it's not helping much to get 5-10% annual interest when the price of the coin gets smacked down 80% over the course of 6 months... I'm a sucker for Veil (for the same reasons). I'm hoping that a) the technology is better which might b) keep the price higher and c) increase my staking reward significantly.
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philipma1957 (OP)
Legendary
Offline
Activity: 4242
Merit: 8494
'The right to privacy matters'
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2019, 09:24:54 PM |
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I cannot believe that you are still mining this BCI shit. I know you are mining Grin as well, but ffs brother, if you want more BCI, then buy some. BCI is nowhere to be found on mining profitability lists. # I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
It is what the current miners are optimized in. One year ago, AMD was ahead of NVDIA on the GPU race. Now things have shifted a bit towards NVDIA favor. Their difference in performance is roughly 1/3 regardless of the coin. New AMD 16 GB is out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was vocal against BCI and then their community attacked my video & channel lol I'm really curious as to what you see in them Phil, I am surprised to see you throw all your weight behind a project -- especially BCI Also a side note, any good how to mine (x) coin guides you've read recently -- I'm trying to create more written content and want some stuff to compare to I suppose it's the appeal of PoW+PoS. You not only accumulate them by mining, you get some extra interest on top. The more you have, the more you stake too. Unfortunately it's not helping much to get 5-10% annual interest when the price of the coin gets smacked down 80% over the course of 6 months...I'm a sucker for Veil (for the same reasons). I'm hoping that a) the technology is better which might b) keep the price higher and c) increase my staking reward significantly. which is why mining them with paid off gear and a funky power deal works. mining them with new gear and paying 10 cents for power does not work buying them does not work. my exposure to fiat loss is small since it is only with cheap solar deal power for most of them getting mined. my upside is silly good. I have close to six thousand coins of BCI mined cheaply on paid off gear. by years end I could be pushing 10,000 maybe 12,000 coins. if they are 20 cents like they are today oh well if they are 1 dollar it is a good year. if they are 2 dollars it is a very good year if they are 3 dollars it would be a great year.
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h311m4n
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2019, 10:03:39 PM Merited by vapourminer (3) |
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I cannot believe that you are still mining this BCI shit. I know you are mining Grin as well, but ffs brother, if you want more BCI, then buy some. BCI is nowhere to be found on mining profitability lists. # I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
It is what the current miners are optimized in. One year ago, AMD was ahead of NVDIA on the GPU race. Now things have shifted a bit towards NVDIA favor. Their difference in performance is roughly 1/3 regardless of the coin. New AMD 16 GB is out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was vocal against BCI and then their community attacked my video & channel lol I'm really curious as to what you see in them Phil, I am surprised to see you throw all your weight behind a project -- especially BCI Also a side note, any good how to mine (x) coin guides you've read recently -- I'm trying to create more written content and want some stuff to compare to I suppose it's the appeal of PoW+PoS. You not only accumulate them by mining, you get some extra interest on top. The more you have, the more you stake too. Unfortunately it's not helping much to get 5-10% annual interest when the price of the coin gets smacked down 80% over the course of 6 months... I'm a sucker for Veil (for the same reasons). I'm hoping that a) the technology is better which might b) keep the price higher and c) increase my staking reward significantly. Thing is, most altcoins are shitcoins...took me a while to realize that, but very few are the coins that make sense and are worth holding. Almost every single project has a point in their "life" where they are suspected of being a scam. Haven (XHV) is a very good example of this. You really can't trust anyone. That said, I've been in the mining game for 3 years now. About 3 months ago, as I was basically just burning through electricity, I decided it was time to do something about it. I haven't sold any of my gear, most of it has paid itself off. Some of my 470s are 3 years old already, they still work. I'm lucky enough to have 20x 300W solar panels on my roof with an inverted that has a network port. So I developed my own "smart mining cave". Basically I have a php script running on a virtual linux machine that fetches the output of my array and depending on how much I'm producing, it will start up my rigs in sequence (lowest to highest wattage). Using some zwave plugs, I can remotely turn a rig on by calling a REST API URL on my openhab box where the zwave controller is hooked up (rigs are set to start on power loss so I just switch the switch off and back on). To shut them down properly, I simply use a "shutdown -s -f -t 30" command using nsclient and nrpe. Whole thing has a simple web dashboard where I can turn on/off the script when I want it not to manage my rigs. Next thing I'll add is probably a way to change the miner/coin remotely on my rigs as at the moment I need to do it manually. Been running great for the past 2-3 months, I exclusively mine on solar power. I mine less coins but its basically only profit. The only limit I have is that I can produce at max about 4.5kW on a good summer day, not enough to start up all my 8 rigs. Will probably expand my solar array this year or the next.
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nsummy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2019, 05:44:28 AM |
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I cannot believe that you are still mining this BCI shit. I know you are mining Grin as well, but ffs brother, if you want more BCI, then buy some. BCI is nowhere to be found on mining profitability lists. # I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
It is what the current miners are optimized in. One year ago, AMD was ahead of NVDIA on the GPU race. Now things have shifted a bit towards NVDIA favor. Their difference in performance is roughly 1/3 regardless of the coin. New AMD 16 GB is out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was vocal against BCI and then their community attacked my video & channel lol I'm really curious as to what you see in them Phil, I am surprised to see you throw all your weight behind a project -- especially BCI Also a side note, any good how to mine (x) coin guides you've read recently -- I'm trying to create more written content and want some stuff to compare to I suppose it's the appeal of PoW+PoS. You not only accumulate them by mining, you get some extra interest on top. The more you have, the more you stake too. Unfortunately it's not helping much to get 5-10% annual interest when the price of the coin gets smacked down 80% over the course of 6 months... I'm a sucker for Veil (for the same reasons). I'm hoping that a) the technology is better which might b) keep the price higher and c) increase my staking reward significantly. Thing is, most altcoins are shitcoins...took me a while to realize that, but very few are the coins that make sense and are worth holding. Almost every single project has a point in their "life" where they are suspected of being a scam. Haven (XHV) is a very good example of this. You really can't trust anyone. That said, I've been in the mining game for 3 years now. About 3 months ago, as I was basically just burning through electricity, I decided it was time to do something about it. I haven't sold any of my gear, most of it has paid itself off. Some of my 470s are 3 years old already, they still work. I'm lucky enough to have 20x 300W solar panels on my roof with an inverted that has a network port. So I developed my own "smart mining cave". Basically I have a php script running on a virtual linux machine that fetches the output of my array and depending on how much I'm producing, it will start up my rigs in sequence (lowest to highest wattage). Using some zwave plugs, I can remotely turn a rig on by calling a REST API URL on my openhab box where the zwave controller is hooked up (rigs are set to start on power loss so I just switch the switch off and back on). To shut them down properly, I simply use a "shutdown -s -f -t 30" command using nsclient and nrpe. Whole thing has a simple web dashboard where I can turn on/off the script when I want it not to manage my rigs. Next thing I'll add is probably a way to change the miner/coin remotely on my rigs as at the moment I need to do it manually. Been running great for the past 2-3 months, I exclusively mine on solar power. I mine less coins but its basically only profit. The only limit I have is that I can produce at max about 4.5kW on a good summer day, not enough to start up all my 8 rigs. Will probably expand my solar array this year or the next. On the topic of shitcoins, I think the problem is that the overall majority of coins that are worth holding and are considered investments are not GPU mineable. There are a few exceptions but they are few and far between. The only coins making considerable strides are ones with big investments behind them.
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adaseb
Legendary
Offline
Activity: 3864
Merit: 1732
Up to 300% + 200 FS deposit bonuses
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2019, 08:37:46 AM |
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These days there is less and less "new" coins to mine because most of them are some type of ERC20 ICO type of coins.
I remember back in 2014 days you would get a new coin or 2 almost everyday, and back then these new coins almost always got listed immediately on Poloniex/Crytpsy.
The trick was to mine as much as possible before the difficulty went up and before it was listed on an exchange with a market price. And if you sold at the right time, the profits were usually 2-5x as much as just mining Dogecoin/Litecoin back then.
It was pretty crazy. Some coins had a life of maybe 3 months before they died completely because the price tanked below 1 Sats.
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h311m4n
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2019, 10:08:20 AM |
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These days there is less and less "new" coins to mine because most of them are some type of ERC20 ICO type of coins.
I remember back in 2014 days you would get a new coin or 2 almost everyday, and back then these new coins almost always got listed immediately on Poloniex/Crytpsy.
The trick was to mine as much as possible before the difficulty went up and before it was listed on an exchange with a market price. And if you sold at the right time, the profits were usually 2-5x as much as just mining Dogecoin/Litecoin back then.
It was pretty crazy. Some coins had a life of maybe 3 months before they died completely because the price tanked below 1 Sats.
Yeah, this was still kind of the case in 2017. Mined a ridiculous amount of Sumo and Electroneum while everyone was busy mining ETH. It's still something that can work, but you really gotta do some research to find coins that can be mined in quantity and still relatively unknown. You can still find some masternode coins that have a short POW phase before switching to POS. The issue with mineable coins is that miners dump it all to BTC as quickly as possible. I still wonder why people bother mining ETH nowadays lol
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philipma1957 (OP)
Legendary
Offline
Activity: 4242
Merit: 8494
'The right to privacy matters'
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2019, 02:47:24 PM |
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I cannot believe that you are still mining this BCI shit. I know you are mining Grin as well, but ffs brother, if you want more BCI, then buy some. BCI is nowhere to be found on mining profitability lists. # I am not too technical on the details but what is the deal exactly with ProgPOW? It seems that it will level the field with ASICs and GPUs however the brand of GPU seems to play a factor.
It seems that Nvidia performs much better than AMD, and is the reason for this that Nvidia generally costs more and since it costs more they want to make it more fair in that regards.
For example, say you can buy 2 AMDs for the price of 1 Nvidia. The 1 Nvidia will perform at the exact same speed as the 2 AMDs combined. Is this the point they are going for or is it just the way that the current miners are optimized?
It is what the current miners are optimized in. One year ago, AMD was ahead of NVDIA on the GPU race. Now things have shifted a bit towards NVDIA favor. Their difference in performance is roughly 1/3 regardless of the coin. New AMD 16 GB is out. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I was vocal against BCI and then their community attacked my video & channel lol I'm really curious as to what you see in them Phil, I am surprised to see you throw all your weight behind a project -- especially BCI Also a side note, any good how to mine (x) coin guides you've read recently -- I'm trying to create more written content and want some stuff to compare to I suppose it's the appeal of PoW+PoS. You not only accumulate them by mining, you get some extra interest on top. The more you have, the more you stake too. Unfortunately it's not helping much to get 5-10% annual interest when the price of the coin gets smacked down 80% over the course of 6 months... I'm a sucker for Veil (for the same reasons). I'm hoping that a) the technology is better which might b) keep the price higher and c) increase my staking reward significantly. Thing is, most altcoins are shitcoins...took me a while to realize that, but very few are the coins that make sense and are worth holding. Almost every single project has a point in their "life" where they are suspected of being a scam. Haven (XHV) is a very good example of this. You really can't trust anyone. That said, I've been in the mining game for 3 years now. About 3 months ago, as I was basically just burning through electricity, I decided it was time to do something about it. I haven't sold any of my gear, most of it has paid itself off. Some of my 470s are 3 years old already, they still work. I'm lucky enough to have 20x 300W solar panels on my roof with an inverted that has a network port. So I developed my own "smart mining cave". Basically I have a php script running on a virtual linux machine that fetches the output of my array and depending on how much I'm producing, it will start up my rigs in sequence (lowest to highest wattage). Using some zwave plugs, I can remotely turn a rig on by calling a REST API URL on my openhab box where the zwave controller is hooked up (rigs are set to start on power loss so I just switch the switch off and back on). To shut them down properly, I simply use a "shutdown -s -f -t 30" command using nsclient and nrpe. Whole thing has a simple web dashboard where I can turn on/off the script when I want it not to manage my rigs. Next thing I'll add is probably a way to change the miner/coin remotely on my rigs as at the moment I need to do it manually. Been running great for the past 2-3 months, I exclusively mine on solar power. I mine less coins but its basically only profit. The only limit I have is that I can produce at max about 4.5kW on a good summer day, not enough to start up all my 8 rigs. Will probably expand my solar array this year or the next. This is the future for smaller miners. Not hobby miners but smaller miners. You are doing well this way. I like it if you are USA based maybe you buysolar and myself could have a long discussion to help each other. He may get panels at a better price then you can. Your software looks like it could help us. I am going up to the new larger 300kwatt build out this weds. I will post photos here. @ vosk BCI is a shit coin the entire net work is 10.11gh I am at 210mh or 1/50 of the network I get 150 to 200 coins each week at very low cost. yeah coins are 20 cents but the upside for me is huge. I can mine them for a year and get 8000-10000 coins at about 10 cents each. so I spend 1000 in power for the year. if coins have 1 spike I score. my downside is they crash and delist. So I lose 1000 in power. I also hodl the grin. But my money maker is the big farm up in clifton. that is BTC + LTC
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h311m4n
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2019, 08:26:37 PM Merited by vapourminer (3) |
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This is the future for smaller miners. Not hobby miners but smaller miners. You are doing well this way. I like it if you are USA based maybe you buysolar and myself could have a long discussion to help each other. He may get panels at a better price then you can. Your software looks like it could help us. I am going up to the new larger 300kwatt build out this weds. I will post photos here.
@ vosk BCI is a shit coin the entire net work is 10.11gh I am at 210mh or 1/50 of the network I get 150 to 200 coins each week at very low cost. yeah coins are 20 cents but the upside for me is huge. I can mine them for a year and get 8000-10000 coins at about 10 cents each. so I spend 1000 in power for the year. if coins have 1 spike I score. my downside is they crash and delist. So I lose 1000 in power. I also hodl the grin.
But my money maker is the big farm up in clifton. that is BTC + LTC
Sadly no, I'm in Switzerland. I'm thinking of putting the code on github, it's really nothing fancy or particularly smart. Just some PHP with a bunch of functions, some switch/case code to make decisions and a small database. I run it with a cron job every 10 minutes. All you need is a way to get your solar output (either the inverter has a network port or if it just has a serial port of some sort, hook up a pi to it with a wifi dongle) and some smart plugs to switch the rigs on and off. I use zwave, but really any dumb plug that can give you the rig's watt usage and that you can switch on/off remotely will do. To dumb it down with an example: => solar output is 1000W => Are there rigs online? ==>Yes: then take the sum of the watts of all the rigs that are running and substract it to the output. Is the difference positive? ===>Yes: then we have some available solar watts, is it enough to start the next rig in sequence xx? =====> Yes: then start the rig =====> no: then do nothing ===>No: then we are producing less than we are using so shut down a rig ==>No: then substract what the 1st rig (i.e. 600W) in the start sequence would use to the solar output. Is the difference positive? ====>Yes (1000-600 = 400): then start the first rig ====>No: then do nothing Here's 4 of my rigs mining GRIN today, was nice and sunny ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FKNMqGmW%2Fsolarmining.jpg&t=665&c=uOOwKTUxd06yVA)
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soothaa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 07, 2019, 03:09:28 PM |
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That is some seriously cool work there mate! ^ I am very jealous of such a setup, solar doesn't work here ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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h311m4n
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 08, 2019, 03:43:59 PM |
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That is some seriously cool work there mate! ^ I am very jealous of such a setup, solar doesn't work here ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Thanks! How do you mean it doesn't work? Not enough sun?
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soothaa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 08, 2019, 03:45:13 PM |
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That is some seriously cool work there mate! ^ I am very jealous of such a setup, solar doesn't work here ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Thanks! How do you mean it doesn't work? Not enough sun? Yeah solar estimators say it's just not profitable/will never ROI.
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h311m4n
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February 08, 2019, 04:00:51 PM |
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That is some seriously cool work there mate! ^ I am very jealous of such a setup, solar doesn't work here ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Thanks! How do you mean it doesn't work? Not enough sun? Yeah solar estimators say it's just not profitable/will never ROI. Weird, where are you located? Because my house isn't perfectly oriented in regards to the sun's movement, but I still produce up to 40kW/day on a good summer day. There's a bunch of online websites where you can set your location, draw the panels on your roof and they will tell you how much you can produce a day. Plus solar panels are getting cheaper and cheaper. You can get a full kit for about 5000€ on wattuneed.com (includes everything you need).
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crazydane
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February 08, 2019, 05:36:04 PM Merited by vapourminer (2) |
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This is a good site to get an idea about what your solar production is: https://pvwatts.nrel.gov/pvwatts.phpYou enter your address and the size in watts of your system, and it will calculate for your lat/long and weather conditions. You can play around with different tilt and azimuth value to see how it impacts overall production. I live in central Virginia and here are my numbers for my 34,720 Watt system: (80 x 260W panels + 48x 290W panels) Month Solar Radiation AC Energy Value ( kWh / m2 / day ) ( kWh ) ( $ ) January 3.81 3,257,432 395,648 February 4.75 3,652,182 443,594 March 5.10 4,236,092 514,516 April 5.66 4,372,219 531,050 May 5.77 4,518,811 548,855 June 5.90 4,356,810 529,178 July 5.95 4,495,470 546,020 August 5.84 4,374,852 531,370 September 5.38 3,955,102 480,387 October 4.70 3,764,586 457,247 November 4.20 3,330,549 404,528 December 3.61 3,089,051 375,196 Annual 5.06 47,403,156 5,757,589
So for the year, I average 130 kWh per day for my location and my climate. My rate is $0.12146 year around 24/7, with taxes and fees. Since I have a net metering arrangement with the power company, anytime I produce more than I consume, it goes back into the grid and I'm credited 100% and can then pull out out at night when I'm not producing anything. If I consistently produce more than I consume, I start building up a "bank" of kWh with the poco. So in my case, it really doesn't matter when I run my miners. But for off-grid applications and those without net metering agreements, the method h311m4n came up with is very slick!
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fr4nkthetank
Legendary
Offline
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
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February 08, 2019, 08:13:12 PM |
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Little change of subject, but have you guys seen the QuadrigaCX fiasco in Canada ? Guy apparently died in *india* of all places, and oups there arent any keys to be found, so money is gone xD How convenient. The little details are fun to read. Did you know his chihuahuas get a 100k trust fund and his poor wife will officially get 9.6million dollars of the estate. Not too shabby I'd say, plus of course 150 million in crypto... May this be another reminder to never let your coins in an exchange and also if you trade, that exchange risk is part of trade risk.
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h311m4n
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February 08, 2019, 08:57:45 PM |
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Little change of subject, but have you guys seen the QuadrigaCX fiasco in Canada ? Guy apparently died in *india* of all places, and oups there arent any keys to be found, so money is gone xD How convenient. The little details are fun to read. Did you know his chihuahuas get a 100k trust fund and his poor wife will officially get 9.6million dollars of the estate. Not too shabby I'd say, plus of course 150 million in crypto... May this be another reminder to never let your coins in an exchange and also if you trade, that exchange risk is part of trade risk.
Was discussing with a friend. The problem with today's exchanges is that they are amateurs, most of them. Don't get fooled by their fancy graphics and KYC crap. They aren't banks and have little to no backup procedures. Just look at what happened to shitopia, they got locked out of their own wallets because they had no backup of the private keys or no procedure to block any fraudulent attempt to withdraw from them. Not letting coins on exchanges is one thing (I think we all have a few coins on exchanges, I'm guilty of that), but it's also super important to backup up your keys/seed in several different forms. Also have a way to get your spouse access to the coins should something happen to you (I still need to get on that...)
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Elder III
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February 09, 2019, 12:09:48 AM |
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Little change of subject, but have you guys seen the QuadrigaCX fiasco in Canada ? Guy apparently died in *india* of all places, and oups there arent any keys to be found, so money is gone xD How convenient. The little details are fun to read. Did you know his chihuahuas get a 100k trust fund and his poor wife will officially get 9.6million dollars of the estate. Not too shabby I'd say, plus of course 150 million in crypto... May this be another reminder to never let your coins in an exchange and also if you trade, that exchange risk is part of trade risk.
Was discussing with a friend. The problem with today's exchanges is that they are amateurs, most of them. Don't get fooled by their fancy graphics and KYC crap. They aren't banks and have little to no backup procedures. Just look at what happened to shitopia, they got locked out of their own wallets because they had no backup of the private keys or no procedure to block any fraudulent attempt to withdraw from them. Not letting coins on exchanges is one thing (I think we all have a few coins on exchanges, I'm guilty of that), but it's also super important to backup up your keys/seed in several different forms. Also have a way to get your spouse access to the coins should something happen to you (I still need to get on that...) I still can't comprehend how any of that Quadriga fiasco was possible. Even if the man really did die (no solid proof either way imo) it boggles my mind that he would have not provided some kind of information to his wife at a bare minimum. Heck that is a no brainer for simple personal assets, let alone 190 million of other peoples money. As for Cryptopia, well I'm not surprised at all that they were hacked and I would not be the least bit surprised if it's an inside job since they have proven themselves to be unethical in the past.
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