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Author Topic: Solar mining vs diesel generator mining ? Any experience?  (Read 220 times)
Rowenta
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September 03, 2020, 03:18:17 PM
 #1

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?

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September 03, 2020, 08:52:18 PM
 #2

what coins are you interested in?
some coins you cant even mine and are forced to buy.
that or you swap them for ones you can mine.
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September 03, 2020, 09:09:41 PM
Merited by vapourminer (1)
 #3

Yeah, is safer to buy coins than to actually mine them right now.

About diesel generator, it does around 8kwh with 2.4 litres, things you should consider, it's noisy, heavy and dangerous, it could explode if you dont know how to properly handle it. USA electricity going on rate is $0.10 per kwh, so to get 8 kw from the grid you need $0.80, to get the same from a diesel generator, you need 2.4 litres of diesel which in turn tell us that, you need to pay $0.25 cents of dollar or less per litre of diesel to be better than the USA electricity going on rate.

Solar electricity is just too expensive for a short term, you need to go to a very long term to actually break even hehe

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September 04, 2020, 01:07:36 AM
 #4

Yeah, is safer to buy coins than to actually mine them right now.

About diesel generator, it does around 8kwh with 2.4 litres, things you should consider, it's noisy, heavy and dangerous, it could explode if you dont know how to properly handle it. USA electricity going on rate is $0.10 per kwh, so to get 8 kw from the grid you need $0.80, to get the same from a diesel generator, you need 2.4 litres of diesel which in turn tell us that, you need to pay $0.25 cents of dollar or less per litre of diesel to be better than the USA electricity going on rate.

Solar electricity is just too expensive for a short term, you need to go to a very long term to actually break even hehe

Yes indeed


But using diesel generator is risky and when u using 24 hours maybe there's problem will come from the perspective of price, diesel are the winner. But you need to considering lot off factor like replace the oil and some part that need to check regulary

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September 04, 2020, 02:15:45 AM
 #5

Yeah, is safer to buy coins than to actually mine them right now.
Yes indeed

Especially when you have to build your own power station. Any solar implementation would have
to be a hybrid to keep the things running during dark time.

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September 04, 2020, 04:34:18 AM
Merited by vapourminer (1)
 #6

solar power is okay if you have a grid to off load to.

your power grid provides five hours out of 24.


thus solar to grid does not work.

batteries for solar are costly.

i had a guy that would get used golf cart batteries.

he would look to find ones with a dead cell and bypass the dead cell.

thus he was getting his batteries at a 85% discount.

even with that discount you need tons ( actual tons) to mine . a single battery for solar will last around an hour of mining. it weighs 130 pounds so if you had 24 of them and mined a s17pro on low power yiu coukd most likely have it run 24/7/365.

no battery lasts more then 10 years. more like 5-7

so 24 x 130 pound batteries  an inverter and panels. to run a single s17pro.

it earns 3.50 usd a day.

it wont get your money back.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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September 04, 2020, 07:29:49 AM
 #7

solar power is okay if you have a grid to off load to.

your power grid provides five hours out of 24.


thus solar to grid does not work.

batteries for solar are costly.

i had a guy that would get used golf cart batteries.

he would look to find ones with a dead cell and bypass the dead cell.

thus he was getting his batteries at a 85% discount.

even with that discount you need tons ( actual tons) to mine . a single battery for solar will last around an hour of mining. it weighs 130 pounds so if you had 24 of them and mined a s17pro on low power yiu coukd most likely have it run 24/7/365.

no battery lasts more then 10 years. more like 5-7

so 24 x 130 pound batteries  an inverter and panels. to run a single s17pro.

it earns 3.50 usd a day.

it wont get your money back.
Your calculations are wrong, actually asic miners are too power hungry to run on solar and batteries for twenty four hours per day, graphics card that draws like 80 to 100 watts like gtx1660 super will last 24 hours on a 12v 200 AH batteries, but since it's bad to drain more than 60% of your battery that's still 12 to 14 hours and sun would be up to get your battery back to 100% again

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September 04, 2020, 07:31:35 AM
 #8

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
OP go to YouTube, there are many solar mining videos with tutorials on there, I know someone on youtube that mine with 5 graphics cards using solar and batteries and he explained every thing a newbie would like to know, forget diesel, it's bad, green energy works best

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September 04, 2020, 01:19:40 PM
Merited by vapourminer (1)
 #9

but since it's bad to drain more than 60% of your battery that's still 12 to 14 hours and sun would be up to get your battery back to 100% again

I think most acid inexpensive batteries are rated around 50% maximum discharge. I mean you can use only 50% of the battery total power every cycle if you want it to last, some people only use 20% of total power to last longer.

"Often the lifespan you can expect to get out of your battery is referred to in terms of "cycles". A battery cycle is one complete discharge and recharge cycle. The discharge state of a battery is often measured in Depth of Discharge (DOD). This refers to how far down the battery has been taken, for instance, a battery that has 25% of its capacity remaining would be said to be at 75% DOD. The lifetime of a battery is directly related to the depth of the discharge that it regularly experiences. Lead acid batteries are fickle things. If you subject a deep cycle battery to 80% DOD on a regular basis you will get roughly half the life out of your battery than if you were to cycle it to 50% DOD. While this doesn't mean that you can't go down to 80% DOD you should generally try to design your battery banks to allow for cycling at around 50%. Conversely there is also an upper limit on the DOD of a battery, usually, a battery that is only regularly cycled down to 5% or less will not last as long as a battery cycled to 10% or more. This is because on smaller cycles the Lead Dioxide can clump up around the positive plates. On heavier discharges, this would be more of an even film."

http://www.batteriesinaflash.com/deep-cycle-battery-faq

Check the website, there is an important graph image explaining it well.

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September 04, 2020, 01:27:41 PM
 #10

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
OP go to YouTube, there are many solar mining videos with tutorials on there, I know someone on youtube that mine with 5 graphics cards using solar and batteries and he explained every thing a newbie would like to know, forget diesel, it's bad, green energy works best

If you have lots of money then you can proceed as it take some time before you can generate some ROI, It's far better to learned trading and use those money to invest. Though we do have different point of views but practically wise.

buying is much better as you don't need to worry about setting up your mining rigs, maintenance and everything. Just buy and hold or buy and trade.

Your money to use with mining rigs are enough to be your starting investment, learned more about this business and see every potentials that you can get.

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September 04, 2020, 01:52:45 PM
Merited by vapourminer (1)
 #11

solar power is okay if you have a grid to off load to.

your power grid provides five hours out of 24.


thus solar to grid does not work.

batteries for solar are costly.

i had a guy that would get used golf cart batteries.

he would look to find ones with a dead cell and bypass the dead cell.

thus he was getting his batteries at a 85% discount.

even with that discount you need tons ( actual tons) to mine . a single battery for solar will last around an hour of mining. it weighs 130 pounds so if you had 24 of them and mined a s17pro on low power yiu coukd most likely have it run 24/7/365.

no battery lasts more then 10 years. more like 5-7

so 24 x 130 pound batteries  an inverter and panels. to run a single s17pro.

it earns 3.50 usd a day.

it wont get your money back.
Your calculations are wrong, actually asic miners are too power hungry to run on solar and batteries for twenty four hours per day, graphics card that draws like 80 to 100 watts like gtx1660 super will last 24 hours on a 12v 200 AH batteries, but since it's bad to drain more than 60% of your battery that's still 12 to 14 hours and sun would be up to get your battery back to 100% again

I am referring to this battery

https://www.batterymart.com/p-ub12200-sealed-lead-acid-battery.html

it weighs in at about 130 pounds and 24 x 130 = 3120 pound of batteries.

a s17 pro on low does about 1.6 kwatts.  you have to have at least a 2000 watt inverter  and figure on 5 hours of charge 19 hours of drain.


here is a forumla

10 x (Battery Capacity in Amp Hours)/(Load power in Watts)   = Run time in hours

taken from here
https://www.jamestowndistributors.com/userportal/document.do?docId=1019

24 x 200 = 4800 ah

so 10 x 4800/200 = 24hours  and you would run the batteries dead = bad.

but you are charging them for 5 hours more actually but 5 is a low number to be conservative.

so with enough panels  the system would work since the 5 hours of full charge takes 8-12 hours to occur.

This means the batteries worst cast is 16 hours of no charge and they would be fully drained in 24 hours.

so you are letting them drop to 33% on bad days.

the point is a battery system for 1 s17 pro on low needs

24 x 130 pound batteries  and it may be you are right and 30 batteries are need not 24.

It needs 6000 watts of panels.

It needs at least a 2000 watt inverter.  most likely 3000 watt would be better.

24 batteries at 300 each = 7200 usd
30 batteries at 300 each = 9000 usd
6000 watts of panels =  3000 usd wholesale

so panels and batteries are pushing 10200-12000
3000 watt inverter is
1350 usd
https://www.inverter.com/3000w-solar-inverter-with-mppt-charge-controller


So to run a s17pro you are talking 11550 to 13350

low speed no less.  And whether the 7200usd in battery needs to be 9000usd in battery

does not matter too much  so it simply is not worth doing a battery set up.

Those batteries will die in under 7 years. and 3.50 a day for 7 years is

3.50 x 365 x 7 = 8942 in coin earned  which won't pay for the batteries

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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September 04, 2020, 02:50:43 PM
 #12

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?


Mining is fun, it's a fun hobby and it can be profitable for many who already have the GPUs and cheap electricity. But in your case - researching coins and buying/holding is the way to go.

Also look for alternative ways to earn coins/tokens.
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September 04, 2020, 06:50:01 PM
 #13

Mining is fun, it's a fun hobby and it can be profitable for many who already have the GPUs and cheap electricity. But in your case - researching coins and buying/holding is the way to go.

Also look for alternative ways to earn coins/tokens.

There is nothing fun about mining, is dangerous if you don't know what you are doing and in the end you never get the amount of money you put in and if you do get the same amount you put in then you are lucky. However mining is not bad if you live in a winter state, always cold, mining can cover some of the cost with heating but that is the only exception. There are various videos of people that had serious complications because of the heating mining have done to them. The change in the temperature is dramatic, a mining place in a tropical country can reach 50 to 60 Celsius easily even with many exhaust fans and staying on a temperature like that for few hours can cause unreversible damage to people, especially in the brain.

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September 05, 2020, 02:00:51 AM
 #14

Mining is fun, it's a fun hobby and it can be profitable for many who already have the GPUs and cheap electricity. But in your case - researching coins and buying/holding is the way to go.

Also look for alternative ways to earn coins/tokens.

There is nothing fun about mining, is dangerous if you don't know what you are doing and in the end you never get the amount of money you put in and if you do get the same amount you put in then you are lucky. However mining is not bad if you live in a winter state, always cold, mining can cover some of the cost with heating but that is the only exception. There are various videos of people that had serious complications because of the heating mining have done to them. The change in the temperature is dramatic, a mining place in a tropical country can reach 50 to 60 Celsius easily even with many exhaust fans and staying on a temperature like that for few hours can cause unreversible damage to people, especially in the brain.

hot springs and saunas are known to have health benefits....use your mining room wisely you might also get the benefit of heat hehe  Cheesy
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September 05, 2020, 06:23:22 AM
 #15

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
Buy coins instead, you will get ROI in a year or even few months, find good new altcoins or DeFi projects, why mining when it's a seasonal based opportunity? Miners have been in loss since 2018 and this time things change for them, imagine all the wait, some are forced to shut down their mining rigs and farms

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October 14, 2020, 05:33:26 AM
 #16

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
It doesn't make sense to start buying diesels to mine crypto, you will be in huge debt fast, try to do some calculations and you will see that diesel is a big NO, solar is better if you have the money but ROI? I don't guarantee that, I think you should invest instead of mining, very soon cards like rx580 and 570 will be obsolete because they mine Ethereum the best and Ethereum is changing to POS next month.

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October 14, 2020, 09:29:31 AM
Last edit: October 14, 2020, 09:53:50 AM by fmz89
 #17

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
yeah in this very moment buying coin is the best way for profit,  many ppl here including me mining just for hobby and pasive income

but yeah buying coin bigger risk rather than mining for investment, solar mining viable if you had solar already, but for build up solar + lifePO battery its costly and you need the best efficency gpus, solar hybrid yeah still viable

if electric price in your country 5cent/kwh, then solar mining is ded

hydro mining is true king for mining but difficult to find place and buying the land

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fmz89
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October 14, 2020, 09:32:32 AM
Last edit: October 14, 2020, 09:43:29 AM by fmz89
 #18

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
Buy coins instead, you will get ROI in a year or even few months, find good new altcoins or DeFi projects, why mining when it's a seasonal based opportunity? Miners have been in loss since 2018 and this time things change for them, imagine all the wait, some are forced to shut down their mining rigs and farms
dont buy defi coin, you will get rekt badly

if you full timer crypto, you can do bounty, airdrop, and artbit trading

please carefully for the first time in crypto, starting with small investment

build up some rigs, the profit that you can learn to trade it

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October 14, 2020, 10:09:50 AM
 #19

In the long run go to solar power, but it is too expensive, for you to able to get at least 10 Kilowatts of electricity you need to have in your pocket a $70K plus or morethan that, it depends on the solar panel you are planning to use plus the deep cycle battery . But if you are going to set a short term GPU mining better to go with diesel power generator CAT genset offered cheap diesel engine gen set plus the fact that diesel is cheaper.

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October 14, 2020, 10:52:44 AM
 #20

Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
yeah in this very moment buying coin is the best way for profit,  many ppl here including me mining just for hobby and pasive income

but yeah buying coin bigger risk rather than mining for investment, solar mining viable if you had solar already, but for build up solar + lifePO battery its costly and you need the best efficency gpus, solar hybrid yeah still viable

if electric price in your country 5cent/kwh, then solar mining is ded

hydro mining is true king for mining but difficult to find place and buying the land
There are just too many headaches surrounding mining coins today, many things to worry about, from ROI to electricity and efficiency of your cards, as time goes by your GPU life gets smaller too but I like mining because you will make money passively, investing in altcoins is dangerous because of volatility but isn't it same risk with mining? There was as time when Ethereum wasn't profitable to mine anymore and now things changed again.

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