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Author Topic: Solar Mining, Wind and Water Mining, and Flexible or Lightweight Rigs  (Read 5831 times)
ABISprotocol (OP)
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January 26, 2014, 02:53:48 AM
 #1

I was recently reading this:

Solar Miner http://solarminer.com/usb2  (Describes a setup that appears intended for outdoor use, including the miner)

And recently, I came across a (successful, ended) indiegogo campaign promoting solar products: http://www.indiegogo.com/projects/solar-liberator

Some while back I saw a bitcointalk thread about DIY solar mining rigs:
https://bitcointalk.org/index.php?topic=233771.0

Of course, this could apply to other lightweight or portable mining rigs:
http://dinosaurzombie.com/
Including those that switch and mine between different coins (like Rocky Mountain does with its Claim Jumper tech)
http://rockymountainminers.com/

All this solar talk led me to wonder:  If sun isn't available, or if some other natural / renewable energy source is available, what about wind and water?

So I did a quick search on duckduckgo and found these (as some examples):

http://www.oksolar.com/lion/Item/250343/bitcoin-mining-solar-powered-generator-and-ups
Notice the wind turbine that can be added as an option.

For those who might be unable for whatever reason to obtain such equipment but want to offset their energy use with renewables:
http://www.bitcarbon.org/offset.html

Solar powering a raspberry pi, for mining: http://randomcontent.wolfnexus.net/RandomSite/solar-powering-a-raspberry-pi-for-bitcoin-mining/

I didn't find anything obvious right away on wind.  But it strikes me that wind and wave action could clearly power either onshore or - in the case of Blueseed - offshore mining rigs (heads up, to those that just want to get out of US jurisdiction, and coexist on a giant boat with a few hundred other anxious businesspersons, with some effort, work, and investment):  http://blueseed.co/

Anyway, those are just some random thoughts I have on that.  It's interesting stuff.

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January 26, 2014, 12:34:56 PM
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I've looked at solar power before.  You can calculate how large a system you'll need at
http://www.wholesalesolar.com/StartHere/OFFGRID/OFFGRIDCalculator.html

My KnC Jupiter uses approximately 700 watts, so I would need a 3.36KW system to run 24*7.  There is a list of packages here
http://www.wholesalesolar.com/products.folder/systems-folder/OffGridPackages.html
The most appropriate one I can find is
http://www.wholesalesolar.com/solarpowersystems/large-home-1-off-grid-solar-power-system.html

That costs $9,205

Right now I'm making 0.125 BTC / day.  That's $122.57.
That means it would take 75 days to pay off.  However, if we include the increase in difficulty, according to
http://www.coinish.com/calc/#
It would never break even.

It might be worthwhile doing the maths for other miners, but right now I don't think it's worth it.
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January 26, 2014, 10:04:46 PM
Last edit: January 26, 2014, 10:18:47 PM by ABISprotocol
 #3

It can be done... I think talking with the SolarMiner or Rocky Mountain Miner folks re. the Rocky Mountain Miner 'Claim Jumper' tech would reveal there is still a way to do it even taking into account the increasing difficulty and energy costs etc

It is doable, it just requires some more automation, some kind of tech that figures out what's most profitable to mine so you are not just doing one thing and careful calculation (including calculation and automation that detects when it is appropriate to not mine due to waning sun, wind, waveforce, batterycharge, etc. etc.).

(oh... edited to include)  I think a rough calculation needs to be added that estimates the long-run (over some set period) rise in value of the cryptocurrency that you mine.  So for example if you mine for X amount of months, years, or whatever, using solar etc and stop regardless of whether or not it's purely proof of work stuff or something else, then you should also include in the 'profitability' calculation (if you are talking about traditional definitions of profit) the (assumed, calculated, anticipated, speculative) rise in cryptocurrency value over time for some set period of time that is calculated to begin after the mining ends with whatever rig one is operating with.)

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January 27, 2014, 12:50:23 AM
 #4

If you were buying a solar system, it doesn't necessarily have to ROI just off your current mining hardware. If you're willing to assume you can continue to find new mining hardware to upgrade to after each piece of old hardware reaches its efficiency limits per given difficulty, then the solar system could take longer (years) to ROI. No?
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January 27, 2014, 05:00:33 AM
 #5

That's certainly possible.  On the other hand, looking at the larger picture, depending on where you are at in the world, not everybody is going to get their juice from solar if they are looking for new / renewable energy sources.  It'll be blended in terms of the source, and if someone is running their own stuff just solo and not trying to offset their coal consumption, it'll differ from place to place.  How much waveforce can you get?  How much wind?  Are you near a stream?  Are you in a sunny place?  Do you care about short term gain or not so much?  Willing to wait for cryptocurrency to appreciate to approach your desired ROI?  How do you define ROI, personally?  More people are trying to factor in (even if they are not measuring) ethical, environmental, social, etc.-al, considerations. 

Then there's the concept of turning dinosaur burners into hybrid currency burners.  Water injection / Fuel vaporizers, HHO cell blocks, etc.  Buddy's goodage in Hydrogengarage comes to mind.  I used to go to Humboldt State University some years ago - what was cutting edge in 1997 at Schatz Energy Research Center there, and was experimental, is today so old school, as the lab's work has advanced so much, that the university now has a 700-bar compressor and fuels hydrogen powered cars.  But let's say you don't have that tech, it's too expensive, not available (hydrogen cars) or whatever. You have a standard dinosaur burner like most of us.  Even if it's not a hybrid or more modern vehicle you can drop its dino burnage level by putting in a water / HHO kit. Volo fuel savers can be installed for under a hundred bucks for people who don't want to add an HHO booster.  The point in me mentioning this stuff is that it's not a far leap to imagine that whether you are talking proof of work or proof of stake, it won't matter, before long people are going to be demanding that this be integrated into the transportation system.  So you'll hop in a car or a bus and be pool mining, because it will be integrated into vehicles.  And that is just contemplating a few possibilities for producing decentralized cryptocurrency.  The easy stuff is actually the crypto 2.0 operating systems, the blockchain contract developments, donation ware or privacy wallets, and so on.  There is more to come that is going to make energy an issue and people are going to eventually want to become more energy independent with respect to how they manage and transmit currency, contracts, or whatever else.

So anyway, it seems to me that there is a 'renewables 3.0' to consider, and basically when I say that I'm talking about the idea that one day most people are going to want to be able to produce much of the energy that they consume or share (while still being able to purchase access to energy), much like society is now approaching a place where everyone will one day produce at least some of their currency (but where people can still, if they want, purchase most currency types), and where what happens with social spending (new public good) will be a much more decentralized process than it is now.

Things to consider.

ABISprotocol (Github/Gist)
http://abis.io
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