Alternative Electricity for Mining

[iv4n]

Grid tie solar is the only way, you still want to overspec say 50 percent so you have excess power to sell back to utility which offsets your nightly use

And how much can cost all that? Maybe installing solar panels and everything else you need to build a little solar power plant is way too expensive.
From where you can get alternative electricity depends from the place where you live. If its windy, you can install wind turbine, if its sunny solar panels. But in the end how much power you need that much money you need to invest in that. Sometimes its better to just pay electricity.

[1715497869]

1715497869

[1715497869]

1715497869

[Metroid]

Sometimes its better to just pay electricity.

Most of times, electricity for $0.10 per kwh is rare in the world. Most places are around $0.20 per kwh or more. Solar or wind power grid tied is only worth if you pay more than $0.20 kwh, for example in Australia "varies by state and by time of day (peak/shoulder/off peak) from 15-54 cents AUD (11.54-41.54 cents USD) per kWh; service availability charge of $0.95 AUD a day " So we can assume here that from 12 to 42 cents mean Australians pay $0.30 kwh, in Australia is worth to have a grid tied solar or wind power whether you mine or not. I mean anybody that pays more than $0.25kwh should have a renewable grid tied source of power. Now if you pay less than $0.10kwh is just not worth to have it.

There is a video of a man who purchased the tesla solar service, 100k.

https://www.youtube.com/watch?v=ABR4KgXoZPE

https://www.youtube.com/watch?v=nqN0v_lPzFY

[Loopper]

in my opinion, it is not feasible. it will consume more power during the conversion process. i think the best saving strategies are solar and wind energy.

It was quite effective, it seems that the energy needed will not be sufficient and stable because the weather is not always supportive of the sun. you should think of a spare plan if you need it.

[dentolas]

I've also been looking for alternative energy sources. Wind and solar are good, but profitability depends on your geographical location and regular power costs...
These PMGs might be an good solution, but the magnets used to have a relative short life span, after which you needed to "re-magnetize" them.
Do you have a duration estimative for the magnets?
How long do you have your setup working?
Another matter, has anyone tried to make a generator fed by vegetable oil?
cheers 

[adaseb]

No idea if this was mentioned before or not. But with regular cars there is obviously an alternator. This alternator always spins, depending on how much current is needed sometimes there is a load placed so the engine needs to adjust to apply power to be able to spin the alternator.

However when the car is fully warmed up, and the battery is fully charged, then there is a small load on the alternator but this electricity pretty much is wasted, since there is no clutch in the alternator like a AC compressor.

So you can probably power a GPU or 2 with no additional cost in gasoline. No idea if someone tested out this theory before. You can't run an entire rig as you will pull too much current and the alternator will need a higher load which will cause the engine to use more gas.

If your theory gets a continuation, then along with electric-cars we will see mining-cars on our roads. It would be cool - you go and earn!

It wouldn't work with electric cars because the electricity would go to the GPU instead of putting the car on the road. There was a guy who had a Tesla and he put like 6 GPUs inside his Tesla and charged it for free at some charging station, I am not talking about this either.

What I mean is that the alternator always spins, so it always generates current. When the load is very small because the battery is fully charged and no electronics like Wipers are being used, then the power coming out of the alternator is just wasted away.

If the alternator was like a AC compressor and had a clutch where the alternator was completed disconnected from the drive belt then it obviously wouldn't work since you would be wasting gas to mine with the GPU.

[CLywaTeLb]

It's very elementary: we turn the engine power for $ 35 a month, get at least 15 kW of energy and have an endless source of energy. We do "you could run the electric motor from the inverter also which would then create a loop and run 100% ." Why do we need mining? Enough to sell this energy. Invented perpetual motion machine. Humanity no longer has energy question!
________________________________________________________
Why is this topic here? It is distantly related with mining.
This topic is suitable for those who do not quite understand the laws of physics, but they will not abandon the search for the Grail, the philosopher's stone and all such things.

I am not the first, but I could not resist this nonsense.

[chipless]

I've also been looking for alternative energy sources. Wind and solar are good, but profitability depends on your geographical location and regular power costs...
These PMGs might be an good solution, but the magnets used to have a relative short life span, after which you needed to "re-magnetize" them.
Do you have a duration estimative for the magnets?
How long do you have your setup working?
Another matter, has anyone tried to make a generator fed by vegetable oil?
cheers 

The smaller unit has been running about 5 or 6 months and I am getting ready to build a larger scale one which uses a flywheel to reduce the resistance and drag on the electric motor. The flywheel once spinning produces enough momentum that a hit and miss motor could be used even to run the PMG. There is also another way that the gpu or asics could run directly from the PMG if a 12v was used. I have also looked into diesel motors and using alternative fuels for it. As soon as the bigger unit is up and running I plan on posting some pics and videos of how it all operates.
 

[Metroid]

It wouldn't work with electric cars because the electricity would go to the GPU instead of putting the car on the road. There was a guy who had a Tesla and he put like 6 GPUs inside his Tesla and charged it for free at some charging station, I am not talking about this either.

It might be unlimited if the owner lives close to the charging station. I mean just to think about this bullshit, I mean using cars to power gpus, that is beyond stupidity/desperation for some cheap power from somewhere, it reminds about those people that are using celerons to mine, the cost outweighs the return but they dont care.

[asriloni]

in my opinion, it is not feasible. it will consume more power during the conversion process. i think the best saving strategies are solar and wind energy.

It was quite effective, it seems that the energy needed will not be sufficient and stable because the weather is not always supportive of the sun. you should think of a spare plan if you need it.

And to install those  alternative energy needs a lot of money and that was another problem too. did he know about how much cost to create a solar panel? to use the alternative energy is not so easy as the people said. that needs a lot of calculation.

[sirohige]

in my opinion, it is not feasible. it will consume more power during the conversion process. i think the best saving strategies are solar and wind energy.

It was quite effective, it seems that the energy needed will not be sufficient and stable because the weather is not always supportive of the sun. you should think of a spare plan if you need it.

And to install those  alternative energy needs a lot of money and that was another problem too. did he know about how much cost to create a solar panel? to use the alternative energy is not so easy as the people said. that needs a lot of calculation.

indeed because at this time no one has alternative energy for mining, even though you build a mining place by using other alternative energy you will definitely still need a lot of capital and certainly will be very long to be able to return capital or ROI.

[gsrcrxsi314]

https://www.youtube.com/watch?v=rckrnYw5sOA

this video is about perpetual motion devices, but the concepts of why and how you can't get free energy are exactly the same. if you don't understand, go back to school.

"The purveyors of over-unity devices typically do not claim to have created perpetual motion devices of the 1st kind. They have various explanations of how they don't violate conservation of energy. However, most end up shifting their device to the 2nd kind of perpetual motion, they violate the 2nd law of thermodynamics by extracting energy where there is no energy gradient."

"Most modern builders of perpetual motion devices aren't so technical.In fact, the worst of them wouldn't have physics or engineering chops to build a decent over balanced wheel. They rely more on pseudo-physics speak. 'Zero-point mag-grav plasma-taurus vibrations' sounds fancy, but are typically less good at generating free energy than they are at directing you to the "Donate" button or selling you a telluric field wellness crystal."

-couldn't have described chipless better if I tried 

[kronos123]

They invested in Bitcoin when few knew it and even less believed in it, and once again the Winklevoss brothers amaze the crypto market, and minign in particular, invests in a company that wants to use excess natural gas to power cryptomining.

https://www.theblockcrypto.com/tiny/winklevoss-capital-invests-in-company-set-to-use-natural-gas-to-power-cryptomining/

[CryptoKush]

I think that alternative energy is the future. The profitability of mining depends on the cost of electricity. In addition, the use of alternative energy is more ecological. Therefore, I think that the future is alternative energy.

[giletto]

I complemented my electricity supply from the state hydro plant with solar to ensure steady supply of electricity but the cost is well over 3000 dollars for me. I currently seek a cheaper alternative to help maximise gains from mining

[sandra_x]

Paying just 35$ to run the motor head which in turn powers the generator ,giving an output worth 400$. Thats very efficient. I have seen a similar design using hydraulic force generated from some water source(borehole with an overhead tank)-same principle but not sure if that was this efficient. I wished you had a video of the design shown.And the initial cost for the gen is not so much.

[shinratensei_]

in my opinion, it is not feasible. it will consume more power during the conversion process. i think the best saving strategies are solar and wind energy.

It was quite effective, it seems that the energy needed will not be sufficient and stable because the weather is not always supportive of the sun. you should think of a spare plan if you need it.

Have you tried to create such a calculation about how effective the solar plan? Weather should be the main reason to say that can't be effective but when it comes to the summer and that will give you a lot of energy depends on how much capacity that you have used it as your battery to save the energy from the solar panel. There was a lot of interesting discussion about this in mining bitcoin section. It can be effective when you can put a more solar panel and a big battery. But it costs a lot of money.

[Chikito]

I think that alternative energy is the future. The profitability of mining depends on the cost of electricity. In addition, the use of alternative energy is more ecological. Therefore, I think that the future is alternative energy.

still continue research for best of alternative low cost energy to get high profit and you don't have solution fir this. Student on my country try to use plactic recycle for earning energy but still use mechanical principle when gasoline needed for that.

[lunobird]

Sorry folks looking for cheap electric. There is no free lunch. You gota pay to play.

For those in the united states.  www.wholesalesolar.com

Do a self install and you will save tons of money.  I just installed 20 solar panels on my roof and now enjoying much cheaper electric. Less than a 5 year roi.

[EdvinZ]

Extraction of alternate electricity for mining is suitable for those people who live in regions with such an opportunity. I mean, if a region with an abundance of winds, then wind turbines are ideal. If there is a lot of sunshine, then the choice is unambiguously in favor of solar panels. There is also a variant of hydrogenerators installed on fast-flowing rivers, but this is the most time-consuming method for an ordinary person.

[naska21]

Gifting my idea - use piezoelectric effect to harvest electric power for mining. It may be suitable for those who are in fitness business and own clubs with fitness machines that can be attached to piezoelectric generators  which in turn charge the batteries for mining, or, you can partnership with such business for mutual benefit. Sure, this requires initial investments, but if you're targeting mining at commercial-scale, money will pay off. Other positive side of this is the possibility to have such alternative electricity literally  in any geographical place.