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Author Topic: New buildout with buysolar has entered stage 2.  (Read 2223 times)
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philipma1957
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January 18, 2019, 04:24:47 PM
Merited by OgNasty (1), vapourminer (1), HagssFIN (1), hugeblack (1), MagicByt3 (1)
 #1

Buysolar and I have been mining  together since  2014

He built a solar array back in 2016

https://bitcointalk.org/index.php?topic=1369207.0


and we caught the big runup in fall of 2017 very well

So we have been trying to find locations to build a new array.

We now have a spot that will have 1000   300 watt panels

that is a 300kwatt array  when grid tied it is about 300/7 = 43Kwatts 24/7/365

first stage was putting in 200th worth of btc miners
second stage was putting in 200 more th worth of btc miners
along with 6 gh of ltc miners.

I will post a youtube video soon.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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philipma1957
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January 18, 2019, 04:25:08 PM
Last edit: January 18, 2019, 04:47:42 PM by philipma1957
 #2

Reserved


Your video will be live at: https://youtu.be/vHRrOCPgqJs


more info to come.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 18, 2019, 04:56:36 PM
 #3

Video quality not so great but good enough, very nice set up there, Solar is a great idea, but batteries are the greatest liability of the system. how do you handle such a problem?

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January 18, 2019, 05:53:14 PM
Last edit: February 08, 2019, 04:10:48 PM by philipma1957
Merited by mikeywith (1)
 #4

Video quality not so great but good enough, very nice set up there, Solar is a great idea, but batteries are the greatest liability of the system. how do you handle such a problem?

This is grid tied we don't need no stinking batteries Wink


1000 x 300 watt panels = 300,000  kwatts or 300 kwatts.  we mine with 40 kwatts of that 300 kwatts   and sell 260 kwatts  each hour of sunlight

so 5 hours on average full sun   is  19 hours you need to buy back


so in a day  we sell 5 x 260 = 1300 kwatts    then buyback   19 x 40 = 760 kwatts

the power company charges  more for the buy back then the sell   so   the 1300 we sell  earns about 800 to buyback

we do a push or break even with the power company  that acts as the battery system.

the power company  gets a gain  of 1300-760 = 540 kwatts a day

we end up with 40 x 24 = 960 kwatts  at no cost each day


You need a lot of space  for 1000 x 300 watt panels this warehouse has them.  It is about 200,000 sq ft  edit 95000 sq foot roof

I will do more post and photos over time.

This part of the buildout is where we create a power demand  to justify the 300kwatt roof top system.

we are pulling 47kwatts at power company price of 11 cents  that is about  47 x 24 x 30 = 33,840 monthly kwatts at 11 cents = 3800 usd

we need to do this for 4 months  for about 16000 in power cost.  This is part of the startup cost for the solar setup.

say the 300kwatts = $600,000

 then add 16,000  power
and add 10,000    mining gear
 and 4,000 wiring structure =  

 630,000 to build the system

then the federal and NJ incentives are based on that number

most of the cost is for the panels the incentives make it viable.

THIS DOES NOT WORK IN MANY STATES

it does work in NJ

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 19, 2019, 11:01:21 PM
Last edit: January 20, 2019, 09:57:24 AM by frodocooper
 #5

this is great that means you took a cut on power cost and this will still have to be a profitable operation!

Are you looking at replicating the models on other locations?

Yes  this will be the second one.

If it works well we will be trying to add one or two each year.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 20, 2019, 08:13:48 PM
 #6

This part of the buildout is where we create a power demand  to justify the 300kwatt roof top system.

we are pulling 47kwatts at power company price of 11 cents  that is about  47 x 24 x 30 = 33,840 monthly kwatts at 11 cents = 3800 usd

we need to do this for 4 months  for about 16000 in power cost.  This is part of the startup cost for the solar setup.

Are you required to justify the power demand annually, or only 1 time?

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January 21, 2019, 01:21:57 AM
Last edit: January 22, 2019, 02:58:42 AM by frodocooper
 #7

Are you required to justify the power demand annually, or only 1 time?

to put it in one time to get approval for the 1000 panels system,
but  if we shut the mining down  and just look to sell the power back to the power company we can do it after 1 year of mining.

NJ law is good for solar. In fact we may get a new law that lets  us sell to our neighbors at 8 cents  vs 4 cents to power company.  But that is another pair of sleeves.

We ordered 2 more m10's  and will be getting them by weds or thurs.
the build out is stable enough..

3  s9's dropped off

the braiins software dropped out 1-20-12:45 could be a fuse issue

a standard s9 dropped out          1-20-16:30
a standard s9 dropped out          1-18-21:55

37th off

3x  l3+ dropped off all at the same time  1-20-12:45  could be a fuse issue

2100+800 = 2900  maybe they are on a 14amp fuse  and 2900/240 = 12.2 amps  which is close

That would mean 2  troubled units.  not  6
We are bring more pdu's  when we go up  should solve load issues.

but  the other 36 units are all good.

1x  s7ln
1x  t2turbo24
1x A921
2x A721
4x m10
16x s9

place was so fucking loud I could not hear myself think so I will bring head phones and ear plugs

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 21, 2019, 03:30:28 PM
 #8

nice! this is what I want to do on my side lot! especially since the electric company is being a dick about installing a transformer.

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January 21, 2019, 04:37:05 PM
 #9

nice! this is what I want to do on my side lot! especially since the electric company is being a dick about installing a transformer.

Yeah  so far so good.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 21, 2019, 04:43:18 PM
Last edit: January 22, 2019, 02:59:42 AM by frodocooper
 #10

how are you going about the financing? every bank I have approached backs out as soon as they hear crypto. I got one bank to be interested but only because I called it a data center instead and did not mention crypto at all.

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BTC Miners: 13 S9i/S9j - 1 T15 - 1 T17 - 1 R606 Scrypt Miners: 1 Apollo
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January 21, 2019, 05:19:59 PM
Last edit: January 22, 2019, 03:00:41 AM by frodocooper
 #11

how are you going about the financing? every bank I have approached backs out as soon as they hear crypto. I got one bank to be interested but only because I called it a data center instead and did not mention crypto at all.

this is not an issue.

Buysolar has his solar business
I have gone joint with mining on his first array on his own property.

The owner of this very large warehouse (200,000 sq ft)   has  the warehouse and his own business in it.

The warehouse has excess space.
The warehouse has 3 power panels 1) 480 3 phase 2) 208 and 3) 240
It has its own transformer  rated to 250K-watts Grin

It is basically next to perfect.

The warehouse owner will finance the solar panel install buysolar will do the install  he will turn a profit on the install of the 300kwatts in panels

I will put in the mining gear
around 10k

the feds and the state give the warehouse owner large subsidies for the panels.

the first outlay for the owner is 3 to 5 months of full cost power  to show load is large.  that is about 12k in power cost.

we then put in the solar.  No one goes deep into pockets.

I would estimate out of pocket  for warehouse owner is under 30k
For mining part under 15k which Me and buysolar will put up.

As I said this work in NJ,USA due to subsidies given by the state.

Once it is fully done.  We will  not own the gear  the warehouse guy will own it. We will manage it for a fee,
Short term before solar kicks in we are splitting coins with the owner of the warehouse we put up the gear he put up the power.
If this all works well we may end up doing as many as 5 or 6 warehouses in NJ.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 21, 2019, 05:46:57 PM
Last edit: January 22, 2019, 03:01:03 AM by frodocooper
 #12

Good deal so long as you have no problems with warehouse guy.

S11's look like a better deal to me than M10's S15's or T15's.  What do you think?

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January 21, 2019, 06:01:18 PM
Last edit: January 22, 2019, 03:01:55 AM by frodocooper
Merited by vapourminer (1), ZimbaCardi (1)
 #13

Good deal so long as you have no problems with warehouse guy.

S11's look like a better deal to me than M10's S15's or T15's.  What do you think?

I have been debating this.

In our case the s11 cost 512-65 = 447 + shipping + 27.6% tax

so 512+125+80 = 707

a m10 is 880  the m10's we are are perfect 100% reliable zero issues.  high speed is 31th  low speed is 21th

our coin deal until  June 1 is 50-50 or  I have a 15.5th power free miner for the next 150 days

the s11 is 20th or 17th    so I have a 10th power free miner  for the next 150 days

once solar is in he will buy out the miners  so I spend zero in the long run for the miners.  In my case I think the m10 is better I am guessing the extra 5th I get for 150 days is worth laying out the the extra 180 cash

I know the m10 has 70 watts at high speed and 60 watts at low speed
the s11 has 70 watts at high speed and 64 watts at low speed.

5 th is 76 cents a day  at 150 days is 114 dollars more in mining .  but the gear all gets sold to them in June.

I still think if you buy 1 unit at a time the m10 is better then the s11

This is based that  no trump tax on the m10
and trump tax is on the s11.

If you don't pay trump tax the s11 is 125 less and may be the better deal.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 21, 2019, 06:52:29 PM
Last edit: January 22, 2019, 03:02:24 AM by frodocooper
 #14

philip let me know if you need help getting gear in under de minimus value. You shouldn't paying duties on gear like the m10 31T or s11 at current pricing.

Sounds like a great project and this making me wondering what subsidies Oregon has for solar being a very environmentally conscious state.

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January 21, 2019, 07:49:49 PM
Last edit: January 22, 2019, 03:02:41 AM by frodocooper
 #15

philip let me know if you need help getting gear in under de minimus value. You shouldn't paying duties on gear like the m10 31T or s11 at current pricing.

Sounds like a great project and this making me wondering what subsidies Oregon has for solar being a very environmentally conscious state.

Maybe we will need 4 to 6 more m10's as project progress moves on.

Next step is add 2 more m10's and tweak it a bit.

we will then run 480th btc and 7gh ltc nonstop till june.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 26, 2019, 04:47:12 AM
Last edit: January 26, 2019, 09:51:50 AM by frodocooper
 #16

What kind of tax is "27.6% tax"? That's a lot...

Donald trump is having a tariff war against china.

25% + 2.6 % = 27.6%

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 26, 2019, 07:26:17 PM
Last edit: January 28, 2019, 05:04:02 AM by frodocooper
 #17

This is based that  no trump tax on the m10
and trump tax is on the s11.

So the m10 is exempt from this tax? Does it not come from China? Or what am I missing?
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January 27, 2019, 02:08:56 AM
Last edit: January 28, 2019, 05:06:31 AM by frodocooper
Merited by frodocooper (1)
 #18

So the m10 is exempt from this tax? Does it not come from China? Or what am I missing?

it is not exempt

if you buy 1 you are under 800 (799) and may or may not be taxed.
if you buy 2 you are over 1000 (1598) and will be taxed.
if you buy 3 you are over 1000 (2397) and will be taxed.

While one of  the S15 is 1020 which will be taxed.
I have ordered my m10's 1 at a time as has buysolar  we purchased 4 since the trump tax  started  each one was under 800 which may or may not be taxed.

New photos


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 27, 2019, 02:11:08 AM
 #19

So over 1000 is certain tax?

What is the white blanket A welding blanket for fire?
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January 27, 2019, 02:15:03 AM
Last edit: January 28, 2019, 05:08:12 AM by frodocooper
 #20

So over 1000 is certain tax?

What is the white blanket A welding blanket for fire?

Yes over 1000 from china to usa = certain tax.
under 800 from china to usa = maybe tax.

White fire blanket  will also prevent shorts and grounding.

Made of fiberglass.

More photos



18 x 30 amp circuits


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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