Solar system miscalculation and too much power

[vossybiglady]

I live in Northern Canada and built a solar array however I ended up putting in way too much power.  I'm producing around 20,000 kwh per year and use no where near that.  I have been banking about 1,000kwh a month extra and must use it within a year after I produce it or the electric company keeps it and I get nothing.  This is a grid tie system.  So I need to burn some electric and I'm looking for the best way to monetize it.  The 2 options I can think of is a large greenhouse (I live on a farm 400 fruit trees and acres of berries so this is not an exciting option for me as I'm already farmed out) or build a small mining farm to eat through some electricity and create some heat.  The heat is very welcome in Northern Canada.  

It seems that I have come in at a confusing time in mining.  With the new GPU's coming out and FPGA making an appearance I have no idea what the best option would be or even if mining is an option at all.  I have been around crypto for some time however this is my first look into mining and my heads spinning.  I have a wide open garage to set this up in.   I have the free power.  I need the heat.  Even with all this going in my favor from what I have read by the community here has me all but talked out of attempting this as it seems to be the wrong time to start something like this.  

I know any advice you give me may potentially eat into your profits so I thank you in advance for any tidbits your willing to share.    

Here is a link to a few pictures.  I was getting error attempting to embed the image in the post.
https://imgur.com/a/EUGGQB9

[B1tUnl0ck3r]

maybe try to move in the political arena in your area by joining with all the other independent energy producers and legislate your way to FORCE the racketeering electric company to behave fairly and if they don't find ways to jail them.

grow weed .

[xhomerx10]

Even with low cost electricity the margins are pretty small in cryptocurrency.  With Bitcoin and altcoin values tanking since January the market from mining is very tight and there is a considerable outlay required for GPU rigs and ASCIS with no guarantees you can ROI.

 That being said, if you need heat...

 One Antminer S9 with PSU costs US$499 and uses 1320 watts which works out to nearly 1000 kWhr per month.  This can presently generate 0.00057066 BTC or US$3.69 per day.  

[vossybiglady]

Even with low cost electricity the margins are pretty small in cryptocurrency.  With Bitcoin and altcoin values tanking since January the market from mining is very tight and there is a considerable outlay required for GPU rigs and ASCIS with no guarantees you can ROI.

 That being said, if you need heat...

 One Antminer S9 with PSU costs US$499 and uses 1320 watts which works out to nearly 1000 kWhr per month.  This can presently generate 0.00057066 BTC or US$3.69 per day.  

Thanks for the feedback.  Wow the S9 sucks down electricity!  This will give me some time to think about it as I can hook 2 or 3 of these up and deplete the extra energy in no time.  $110 a month would allow me to pay the hardware off fairly quick. 

[xhomerx10]

Even with low cost electricity the margins are pretty small in cryptocurrency.  With Bitcoin and altcoin values tanking since January the market from mining is very tight and there is a considerable outlay required for GPU rigs and ASCIS with no guarantees you can ROI.

 That being said, if you need heat...

 One Antminer S9 with PSU costs US$499 and uses 1320 watts which works out to nearly 1000 kWhr per month.  This can presently generate 0.00057066 BTC or US$3.69 per day.  

Thanks for the feedback.  Wow the S9 sucks down electricity!  This will give me some time to think about it as I can hook 2 or 3 of these up and deplete the extra energy in no time.  $110 a month would allow me to pay the hardware off fairly quick. 

 It might be better for you to run them for others and charge them for the electricity/internet connection since there wouldn't be any further upfront costs to you this way.

[melpheos]

My 4*1070ti rig consumes 21000kwh/year but i would definitely go with a Z9 in your situation

[mettalmag]

I live in Northern Canada and built a solar array however I ended up putting in way too much power.  I'm producing around 20,000 kwh per year and use no where near that.  I have been banking about 1,000kwh a month extra and must use it within a year after I produce it or the electric company keeps it and I get nothing.  This is a grid tie system.  So I need to burn some electric and I'm looking for the best way to monetize it.  The 2 options I can think of is a large greenhouse (I live on a farm 400 fruit trees and acres of berries so this is not an exciting option for me as I'm already farmed out) or build a small mining farm to eat through some electricity and create some heat.  The heat is very welcome in Northern Canada.  

It seems that I have come in at a confusing time in mining.  With the new GPU's coming out and FPGA making an appearance I have no idea what the best option would be or even if mining is an option at all.  I have been around crypto for some time however this is my first look into mining and my heads spinning.  I have a wide open garage to set this up in.   I have the free power.  I need the heat.  Even with all this going in my favor from what I have read by the community here has me all but talked out of attempting this as it seems to be the wrong time to start something like this.  

I know any advice you give me may potentially eat into your profits so I thank you in advance for any tidbits your willing to share.    

Here is a link to a few pictures.  I was getting error attempting to embed the image in the post.
https://imgur.com/a/EUGGQB9

ok so you are located on a farm, the heat is a big plus and you have some free electricity to burn? That sounds like a dream config to me.
ATM all I can think of is that you still can go with greenhouse and grow some one year cultures under the heat produced by miners, plus gain some coins.
But if I read it correctly you have 1000Kw per month which is about ~1.2Kw per hour right?
you can go with one S9 and instead of only calculating ROI by mined coins you can calculate the ROI from the heat it generates and cultures you can grow under it. In fact it's not much but you can do it for fun and who knows it may come handy in the future.