800kW of power and a greenhouse

[menoiazei]

 Got Co-generator* greenhouse operation powered by a 800kW caterpillar generator
Producing 6400MWH a year of electricity, heating and CO2 for a 8000square meter greenhouse.

 Exploring options and potentials for coin mining and hardware.

initial idea is to go for litecoin

Would like to hear opinions here.

Many thanks!


*Cogeneration—also known as combined heat and power, distributed generation, or recycled energy—is the simultaneous production of two or more forms of energy from a single fuel source. Cogeneration power plants often operate at 50 to 70 percent higher efficiency rates than single-generation facilities.

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[philipma1957]

 Got Co-generator* greenhouse operation powered by a 800kW caterpillar generator
Producing 6400MWH a year of electricity, heating and CO2 for a 8000square meter greenhouse.

 Exploring options and potentials for coin mining and hardware.

initial idea is to go for litecoin

Would like to hear opinions here.

Many thanks!


*Cogeneration—also known as combined heat and power, distributed generation, or recycled energy—is the simultaneous production of two or more forms of energy from a single fuel source. Cogeneration power plants often operate at 50 to 70 percent higher efficiency rates than single-generation facilities.

so 6,400,000 kwatts in a year is  17534 kwatts a day or 730 kwatts an hour which makes sense with a 800kwatt generator.


Simplest question what is daily power cost for it?
How many spare kwatts of the 730 an hour can you spare?

if you found old ant miner l3+. and budget 1 kwatt an hour for them running 200 units seems easy.  200 x .5 = 100gh of hash which pays $120 a day

[danieleither]

if you found old ant miner l3+. and budget 1 kwatt an hour for them running 200 units seems easy.  200 x .5 = 100gh of hash which pays $120 a day

You could run 220 x S19 Pro's for $1900 a day on 730 kwatt!

The co-generation of heat, in this instance, would be a negative though for obvious reasons...

[menoiazei]

if you found old ant miner l3+. and budget 1 kwatt an hour for them running 200 units seems easy.  200 x .5 = 100gh of hash which pays $120 a day

You could run 220 x S19 Pro's for $1900 a day on 730 kwatt!

The co-generation of heat, in this instance, would be a negative though for obvious reasons...

 i will look into the S19 i was looking for l3 + or l3++

because of co generation contract price for the MWh is cheap(basically the LNG cost for it) since set-up investment buildings and everything already there trying to figure out if is a profitable idea that makes sense,

Co-generation generates heating and cooling 

thanks for replying

[menoiazei]

 Got Co-generator* greenhouse operation powered by a 800kW caterpillar generator
Producing 6400MWH a year of electricity, heating and CO2 for a 8000square meter greenhouse.

 Exploring options and potentials for coin mining and hardware.

initial idea is to go for litecoin

Would like to hear opinions here.

Many thanks!


*Cogeneration—also known as combined heat and power, distributed generation, or recycled energy—is the simultaneous production of two or more forms of energy from a single fuel source. Cogeneration power plants often operate at 50 to 70 percent higher efficiency rates than single-generation facilities.

so 6,400,000 kwatts in a year is  17534 kwatts a day or 730 kwatts an hour which makes sense with a 800kwatt generator.


Simplest question what is daily power cost for it?
How many spare kwatts of the 730 an hour can you spare?

if you found old ant miner l3+. and budget 1 kwatt an hour for them running 200 units seems easy.  200 x .5 = 100gh of hash which pays $120 a day

Calculation is correct,
i can use all the power to generate coins Vs sell it to the grid, or do both for x amount of power
cost of electricity to me basically is the LNG cost to feed the generator

trying to dig more into this and figure out if is a good idea that makes sense!

thanks for replying

 

[wndsnb]

If your only paying lng cost then your probably in the 2c per kwh range with a reasonably efficient generator of that size. This gives you options to be profitable with miners that you can get for pretty cheap. With power that cheap I would not advise paying the premium for the latest miners. Maybe look for T17s for less than $10/th. Or Canaan 1047s, or any other in the 50 to 60 w/th range.

Also would not advise anything other than btc, it's much more risky to put that much investment into altcoin mining.

[menoiazei]

If your only paying lng cost then your probably in the 2c per kwh range with a reasonably efficient generator of that size. This gives you options to be profitable with miners that you can get for pretty cheap. With power that cheap I would not advise paying the premium for the latest miners. Maybe look for T17s for less than $10/th. Or Canaan 1047s, or any other in the 50 to 60 w/th range.

Also would not advise anything other than btc, it's much more risky to put that much investment into altcoin mining.

Thank you for the reply,
Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

[menoiazei]

 Some links of the greenhouse and the generator

https://www.youtube.com/watch?v=C9BaDAav5Ks

https://youtu.be/G9XIIkPc1ok

[styleshifter]

Thank you for the reply,
Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

Maybe start slowly with some ASIC miners for BTC. Later when you gained some experience you can mine ETH or LTC, too.
Go for the biggest coins because they have the most pools, wallets, exchanges...

In which country is your greenhouse located?

[safar1980]

At a price of 2 cents, you can buy any equipment that mines cryptocurrency. Even asik S9 will pay off in 2-3 months.
It is possible that old ASICs will cause more problems due to breakdowns, but I think that their cheap price and the ability to collect 1 worker from several broken ASICs will compensate for all the inconveniences.

[wndsnb]

Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

BTC will be more stable, both in price and in mining hardware. Profitability can change very quickly on altcoins.

[philipma1957]

Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

BTC will be more stable, both in price and in mining hardware. Profitability can change very quickly on altcoins.

If he is at 2 cents he should get t17's and l3+ a mix of both

maybe 25 t17's and 100 l3+

that is about  25 x 2.2 = 55-60kwatts

and 100 x .8 =  80 kwatts  he can work from there.

he can get t17's pretty cheap maybe 400 each.

[menoiazei]

Thank you for the reply,
Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

Maybe start slowly with some ASIC miners for BTC. Later when you gained some experience you can mine ETH or LTC, too.
Go for the biggest coins because they have the most pools, wallets, exchanges...

In which country is your greenhouse located?

  Was thinking solo mining not pools since we have the power available, greenhouse located in remote area of Greece!

[menoiazei]

At a price of 2 cents, you can buy any equipment that mines cryptocurrency. Even asik S9 will pay off in 2-3 months.
It is possible that old ASICs will cause more problems due to breakdowns, but I think that their cheap price and the ability to collect 1 worker from several broken ASICs will compensate for all the inconveniences.

Looking for cost efficient options for equipment so would like to hear any input on sourcing equipment for the job,
also might be open to potential synergies for this project, if it makes sense of course!

many thanks!

 

[menoiazei]

Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

BTC will be more stable, both in price and in mining hardware. Profitability can change very quickly on altcoins.

thank you for the advice!
Any advice on the potential set-up and hardware would be most welcomed!

[menoiazei]

Why do you think btc only?? dont you think ltc or other established altcoin maybe more profitable in the long run?

BTC will be more stable, both in price and in mining hardware. Profitability can change very quickly on altcoins.

If he is at 2 cents he should get t17's and l3+ a mix of both

maybe 25 t17's and 100 l3+

that is about  25 x 2.2 = 55-60kwatts

and 100 x .8 =  80 kwatts  he can work from there.

he can get t17's pretty cheap maybe 400 each.

That sound like a good plan!!

again thank you for the advice on this one philip

[Danz0r77]

 Got Co-generator* greenhouse operation powered by a 800kW caterpillar generator
Producing 6400MWH a year of electricity, heating and CO2 for a 8000square meter greenhouse.

 Exploring options and potentials for coin mining and hardware.

initial idea is to go for litecoin

Would like to hear opinions here.

Many thanks!


*Cogeneration—also known as combined heat and power, distributed generation, or recycled energy—is the simultaneous production of two or more forms of energy from a single fuel source. Cogeneration power plants often operate at 50 to 70 percent higher efficiency rates than single-generation facilities.

very profitable now etc

[safar1980]

At a price of 2 cents, you can buy any equipment that mines cryptocurrency. Even asik S9 will pay off in 2-3 months.
It is possible that old ASICs will cause more problems due to breakdowns, but I think that their cheap price and the ability to collect 1 worker from several broken ASICs will compensate for all the inconveniences.

Looking for cost efficient options for equipment so would like to hear any input on sourcing equipment for the job,
also might be open to potential synergies for this project, if it makes sense of course!

many thanks!
 

Thank you, in Russia so inexpensive electricity is 3-4 cents and I only use video cards. And there are regions where the cost of a kilowatt is about 1.5 cents (Irkutsk region).
I have a question, are additional voltage regulators required for your Co-generator?

[menoiazei]

At a price of 2 cents, you can buy any equipment that mines cryptocurrency. Even asik S9 will pay off in 2-3 months.
It is possible that old ASICs will cause more problems due to breakdowns, but I think that their cheap price and the ability to collect 1 worker from several broken ASICs will compensate for all the inconveniences.

Looking for cost efficient options for equipment so would like to hear any input on sourcing equipment for the job,
also might be open to potential synergies for this project, if it makes sense of course!

many thanks!
 

Thank you, in Russia so inexpensive electricity is 3-4 cents and I only use video cards. And there are regions where the cost of a kilowatt is about 1.5 cents (Irkutsk region).
I have a question, are additional voltage regulators required for your Co-generator?

 Hello,
Not sure that i understand the question regarding extra voltage regulators,
generator as a unit uses voltage regulators, by co-generation what we do is use the generator operation to heat and cool the greenhouse also the exhaust to provide CO2 to the plants in the greenhouse, by doing this you save a lot from the greenhouse operation and is an eco friendly way to this in a way.

[menoiazei]

About Co-generator Greenhouses in general*

Greenhouses can use combined heat and power (CHP) or cogeneration in order to provide heat, carbon dioxide and electricity. Surplus electricity can often be sold into the local electricity grid. Gas engines are highly efficient at providing the stimulus for the growth of plants, whilst in parallel providing a flexible supply of electrical power. Heat, light and carbon dioxide (CO2) all promote plant growth. Gas engines provide electrical power at the alternator and when in a cogeneration configuration can also recover useful heat. Carbon dioxide is released in the exhaust gases of the engine as a by-product of the combustion of the fuel gas. Electrical power can be used to provide energy for lighting or can be exported to the grid, heat can be stored as hot water for use when needed and finally the CO2 can be scrubbed and used to promote plant growth.

Benefits of CHP for Glasshouses
Efficiency levels up to 95%, therefore high contribution to resource conservation and maximisation of profits
Provides power to grid at times of maximum demand hence receiving highest power sale prices
Time-independent supply of CO2 and heat through heat storage
High quality CO2
Carbon Dioxide from CHP Engines and Plant Growth
Plants grow by converting CO2 to carbon through photosynthesis. Air generally contains approximately 350 ppm CO2. Optimal CO2 levels depend on the type of plant and generally lie above 700 ppm. With increased artificial lighting, as present in greenhouses, plants absorb even more CO2. If the greenhouse atmosphere is enriched with CO2, the temperature kept on a constant level and enough lighting, provided plant growth and consequently the harvest yield can be increased significantly. When burning natural gas in gas engines, approximately 0.2kg CO2 is produced be kWh of energy input. This CO2 is present in the exhaust of gas engines in a concentration approximately 5-6% by volume.


The energy created by gas engine combined heat and power systems in glasshouses can be used in various ways. The electricity can provide the power for the artificial lighting and/or be fed into the electricity grid
or maybe to generate coins**
. The heat efficiently meets the glasshouse’s requirements. In addition, the climate relevant CO2 of the engine exhaust gas serves as a fertiliser for the plants.

[JayDDee]

You have the choice of selling your excess power to the grid so your co-gen is not a factor in
your mining decision. You're already in a profit position by selling to the grid. You would lose
that if you start mining so you'd be effectively using grid power and paying grid price to mine.

The're no environmentally friendly angle to this. The best thing to do is sell as much as you can to the grid.
Mining has an environmental cost, there's no way around it.

[wndsnb]

You have the choice of selling your excess power to the grid so your co-gen is not a factor in
your mining decision. You're already in a profit position by selling to the grid. You would lose
that if you start mining so you'd be effectively using grid power and paying grid price to mine.

I'd guess that an operation that size would only get wholesale rates for the power they sell back to the grid, so they may not even make enough to cover their cost.

menoiazei, do you know what rate you can get when selling back to the grid?

Also, if they haven't already built the facility, attaching to the grid in a manner to supply 800KW is likely a significant cost and headache.

At current diff and price (20T and $13100), 55w/th (stock firmware t17) will make 6.4c/kwh, 45w/th (s17) makes 8.4c/kwh/th, and 37.5w/th (s17 pro) makes 9.4c/kwh.

[menoiazei]

You have the choice of selling your excess power to the grid so your co-gen is not a factor in
your mining decision. You're already in a profit position by selling to the grid. You would lose
that if you start mining so you'd be effectively using grid power and paying grid price to mine.

The're no environmentally friendly angle to this. The best thing to do is sell as much as you can to the grid.
Mining has an environmental cost, there's no way around it.

Thats true, i buy at 5 and sell at 135 for power,
regarding the eco aspect of we are growing some trees in the meanwhile and filtering some CO2 from them so thats something!
Selling to grid or putting power to coins is what i try to decide and will go for the option that gives me the best return on
investment because all this operation as you understand cost a lot.

 

[menoiazei]

You have the choice of selling your excess power to the grid so your co-gen is not a factor in
your mining decision. You're already in a profit position by selling to the grid. You would lose
that if you start mining so you'd be effectively using grid power and paying grid price to mine.

I'd guess that an operation that size would only get wholesale rates for the power they sell back to the grid, so they may not even make enough to cover their cost.

menoiazei, do you know what rate you can get when selling back to the grid?

Also, if they haven't already built the facility, attaching to the grid in a manner to supply 800KW is likely a significant cost and headache.

At current diff and price (20T and $13100), 55w/th (stock firmware t17) will make 6.4c/kwh, 45w/th (s17) makes 8.4c/kwh/th, and 37.5w/th (s17 pro) makes 9.4c/kwh.

I am based in Europe, at this operation i buy at 5euro and sell at 135 because of the cogeneration for the MWh

[safar1980]

At a price of 2 cents, you can buy any equipment that mines cryptocurrency. Even asik S9 will pay off in 2-3 months.
It is possible that old ASICs will cause more problems due to breakdowns, but I think that their cheap price and the ability to collect 1 worker from several broken ASICs will compensate for all the inconveniences.

Looking for cost efficient options for equipment so would like to hear any input on sourcing equipment for the job,
also might be open to potential synergies for this project, if it makes sense of course!

many thanks!
 

Thank you, in Russia so inexpensive electricity is 3-4 cents and I only use video cards. And there are regions where the cost of a kilowatt is about 1.5 cents (Irkutsk region).
I have a question, are additional voltage regulators required for your Co-generator?

 Hello,
Not sure that i understand the question regarding extra voltage regulators,
generator as a unit uses voltage regulators, by co-generation what we do is use the generator operation to heat and cool the greenhouse also the exhaust to provide CO2 to the plants in the greenhouse, by doing this you save a lot from the greenhouse operation and is an eco friendly way to this in a way.

I confused it with a gas generator. On the manufacturers' websites it is written that after the gas generators it is necessary to install voltage stabilizers if it is planned to use electronics. And for lighting purposes and where stable 220 volts are not required, the stabilizer can be omitted.

[menoiazei]

At a price of 2 cents, you can buy any equipment that mines cryptocurrency. Even asik S9 will pay off in 2-3 months.
It is possible that old ASICs will cause more problems due to breakdowns, but I think that their cheap price and the ability to collect 1 worker from several broken ASICs will compensate for all the inconveniences.

Looking for cost efficient options for equipment so would like to hear any input on sourcing equipment for the job,
also might be open to potential synergies for this project, if it makes sense of course!

many thanks!
 

Thank you, in Russia so inexpensive electricity is 3-4 cents and I only use video cards. And there are regions where the cost of a kilowatt is about 1.5 cents (Irkutsk region).
I have a question, are additional voltage regulators required for your Co-generator?

 Hello,
Not sure that i understand the question regarding extra voltage regulators,
generator as a unit uses voltage regulators, by co-generation what we do is use the generator operation to heat and cool the greenhouse also the exhaust to provide CO2 to the plants in the greenhouse, by doing this you save a lot from the greenhouse operation and is an eco friendly way to this in a way.

I confused it with a gas generator. On the manufacturers' websites it is written that after the gas generators it is necessary to install voltage stabilizers if it is planned to use electronics. And for lighting purposes and where stable 220 volts are not required, the stabilizer can be omitted.

Generator we use is a Cat CG132B-16 model 800 kW @1.0pf

[JayDDee]

Thats true, i buy at 5 and sell at 135 for power,

I presume that's 5.00 vs 1.35?
You just need your generation cost to determine your marginal power cost (the cost of the last watt)
if you begin mining.

If you already had mining equipment it would be a no brainer but trying to ROI with all new equipment
plus power is challenge in the current environment. Keep in mind there is a downward bias to mining
do to block halving and increased hashrates pushing difficulty higher. Prices must increase to counteract.

[menoiazei]

Thats true, i buy at 5 and sell at 135 for power,

I presume that's 5.00 vs 1.35?
You just need your generation cost to determine your marginal power cost (the cost of the last watt)
if you begin mining.

If you already had mining equipment it would be a no brainer but trying to ROI with all new equipment
plus power is challenge in the current environment. Keep in mind there is a downward bias to mining
do to block halving and increased hashrates pushing difficulty higher. Prices must increase to counteract.

No is 135, reason being the Cogeneration raises the price grid buys from you by 30% of the normal price with a 20 year contract
then 5 is discounted electricity that we buy from the grid to operate everything
Cogeneration here is pretty good ROI selling to grid about 20% of investment annually

as far as coins, have the building infrastructure and power to house a pretty decent mining operation, question to me is what coins and equipment and what would be the ROI and best way to orchestrate this operation...

[JayDDee]

Thats true, i buy at 5 and sell at 135 for power,

I presume that's 5.00 vs 1.35?
You just need your generation cost to determine your marginal power cost (the cost of the last watt)
if you begin mining.

If you already had mining equipment it would be a no brainer but trying to ROI with all new equipment
plus power is challenge in the current environment. Keep in mind there is a downward bias to mining
do to block halving and increased hashrates pushing difficulty higher. Prices must increase to counteract.

No is 135, reason being the Cogeneration raises the price grid buys from you by 30% of the normal price with a 20 year contract
then 5 is discounted electricity that we buy from the grid to operate everything
Cogeneration here is pretty good ROI selling to grid about 20% of investment annually

as far as coins, have the building infrastructure and power to house a pretty decent mining operation, question to me is what coins and equipment and what would be the ROI and best way to orchestrate this operation...

That's a pretty sweet deal. Mining is tough.
I don't think you can beat what your getting selling to the grid.

[menoiazei]

Thats true, i buy at 5 and sell at 135 for power,

I presume that's 5.00 vs 1.35?
You just need your generation cost to determine your marginal power cost (the cost of the last watt)
if you begin mining.

If you already had mining equipment it would be a no brainer but trying to ROI with all new equipment
plus power is challenge in the current environment. Keep in mind there is a downward bias to mining
do to block halving and increased hashrates pushing difficulty higher. Prices must increase to counteract.

No is 135, reason being the Cogeneration raises the price grid buys from you by 30% of the normal price with a 20 year contract
then 5 is discounted electricity that we buy from the grid to operate everything
Cogeneration here is pretty good ROI selling to grid about 20% of investment annually

as far as coins, have the building infrastructure and power to house a pretty decent mining operation, question to me is what coins and equipment and what would be the ROI and best way to orchestrate this operation...

That's a pretty sweet deal. Mining is tough.
I don't think you can beat what your getting selling to the grid.

 ROI from the grid and greenhouse production is all good  looking at it as another potential flow of income for my operation and a potentially interesting business venture if i decide to do so, also love the bitcoin/crypto idea too from the economic and idealistic viewpoint of it!!
just curious JD if you had dirt cheap electric power and some capital to invest for it what would you go for??

[JayDDee]

ROI from the grid and greenhouse production is all good  looking at it as another potential flow of income for my operation and a potentially interesting business venture if i decide to do so, also love the bitcoin/crypto idea too from the economic and idealistic viewpoint of it!!
just curious JD if you had dirt cheap electric power and some capital to invest for it what would you go for??

And a greenhouse? I'd grow cannabis, it's legal where I live.

I would not invest capital in a mining operation at this time.

[menoiazei]

We Do Grow Legal Cannabis !!!

[fmz89]

with 800kw you can build 320 rigs :

asus b250 18 pcie + 2k psu + 8 gb + 120 gb ssd + 16 rx5700

eth hashrate 900mhs/2500watt

800kw/2.5kw =320 rigs x 900mhs = 288ghs in curent day you will be made 7750$/day  nice profit but not easy to get the hardware and need times to build

[menoiazei]

with 800kw you can build 320 rigs :

asus b250 18 pcie + 2k psu + 8 gb + 120 gb ssd + 16 rx5700

eth hashrate 900mhs/2500watt

800kw/2.5kw =320 rigs x 900mhs = 288ghs in curent day you will be made 7750$/day  nice profit but not easy to get the hardware and need times to build

Was thinking btc or ltc but eth if it pays like that would be a very interesting set up!
What would be the cost of something like that??
any information about sourcing parts and setting it up would be most welcomed!!

Many thanks for the input
 

[menoiazei]

  Right now looking at the option of buying some L3+ units from Sz
i wonder if anyone had ever set-up something similar in the past and can give some insights on what to do and what Not to do...
Again many thanks for any usefull information!!!

[wndsnb]

No is 135, reason being the Cogeneration raises the price grid buys from you by 30% of the normal price with a 20 year contract
then 5 is discounted electricity that we buy from the grid to operate everything
Cogeneration here is pretty good ROI selling to grid about 20% of investment annually

What units are you using for the power price? Is that 1.35 Euro/kWh vs 0.05 Euro/kWh?!

[philipma1957]

  Right now looking at the option of buying some L3+ units from Sz
i wonder if anyone had ever set-up something similar in the past and can give some insights on what to do and what Not to do...
Again many thanks for any usefull information!!!

First I am smaller then you.

but I burn 100 to 150 kwatts 24/7/365

l3+ are very reliable gear.

buy some say 50 to 100 use good psu use good switches 48 ports are good choice.

set them on static.

pretend your internet router is .

192.168.1.1 to 192.168.1.256

you have 250 spots

number 💯 with a sharpie pen

say 100 then 101 then 102
all the way to 199

set them in rows with number order.

mine at a site like viabtc.com

it will show every miner

right in a row.

as you match worker name to static setting

ie

greenhouse100 is static address 192.168.1.100
greenhouse101 is static address 192.168.1.101
greenhouse102 is static address 192.168.1.102

this way you can find dead ones easy peasy.

dont go crazy with a shit ton of gear.

50 to 100 l3+ are more then enough for a start.

[menoiazei]

  Right now looking at the option of buying some L3+ units from Sz
i wonder if anyone had ever set-up something similar in the past and can give some insights on what to do and what Not to do...
Again many thanks for any usefull information!!!

First I am smaller then you.

but I burn 100 to 150 kwatts 24/7/365

l3+ are very reliable gear.

buy some say 50 to 100 use good psu use good switches 48 ports are good choice.

set them on static.

pretend your internet router is .

192.168.1.1 to 192.168.1.256

you have 250 spots

number 💯 with a sharpie pen

say 100 then 101 then 102
all the way to 199

set them in rows with number order.

mine at a site like viabtc.com

it will show every miner

right in a row.

as you match worker name to static setting

ie

greenhouse100 is static address 192.168.1.100
greenhouse101 is static address 192.168.1.101
greenhouse102 is static address 192.168.1.102

this way you can find dead ones easy peasy.

dont go crazy with a shit ton of gear.

50 to 100 l3+ are more then enough for a start.

Thank you very much for the information Phil!!! 

As soon as i receive the hardware and start setting everything up will start posting pictures too
and sure will have many more questions...

[menoiazei]

  Also what about solo vs pool mining for an operation of say 50-100 units l3+?
would solo mining make sense there or pool would be the way to go??

[philipma1957]

  Also what about solo vs pool mining for an operation of say 50-100 units l3+?
would solo mining make sense there or pool would be the way to go??

let me check math.

100 l3+ = about 50gh  about 1.32 coins a day on vabtc.com guaranteed daily payout

if you go solo and do it correctly you could hit a block every 9-10 days with standard luck

bad luck you can go as much as 90-100 days.

I personally would say do viabtc for a month collect the guaranteed coins .  The consider a solo shot.

30 days on viabtc.com should earn close to 40 ltc

If you want to try solo for 10 days and hope for 2 blocks vs 0 or 1

you will have coins in the bank.

[menoiazei]

  Also what about solo vs pool mining for an operation of say 50-100 units l3+?
would solo mining make sense there or pool would be the way to go??

let me check math.

100 l3+ = about 50gh  about 1.32 coins a day on vabtc.com guaranteed daily payout

if you go solo and do it correctly you could hit a block every 9-10 days with standard luck

bad luck you can go as much as 90-100 days.

I personally would say do viabtc for a month collect the guaranteed coins .  The consider a solo shot.

30 days on viabtc.com should earn close to 40 ltc

If you want to try solo for 10 days and hope for 2 blocks vs 0 or 1

you will have coins in the bank.

Thanks for the info Phil!!!
Another question Does solo mining luck has anything to do with location and local network traffic of the operation or is it just luck??
meaning do you get luckier getting blocks if you operate in remote area with less competition around???
Mant thanks!!!

[fmz89]

with 800kw you can build 320 rigs :

asus b250 18 pcie + 2k psu + 8 gb + 120 gb ssd + 16 rx5700

eth hashrate 900mhs/2500watt

800kw/2.5kw =320 rigs x 900mhs = 288ghs in curent day you will be made 7750$/day   nice profit but not easy to get the hardware and need times to build

Was thinking btc or ltc but eth if it pays like that would be a very interesting set up!
What would be the cost of something like that??
any information about sourcing parts and setting it up would be most welcomed!!

Many thanks for the input
 

yeah its accurate eth would earn 7750$/day with your electric,

85$ mb+40$ 8gb ram + 45$ cpu + 40$ ssd 128 + 50$ riser for 18 gpus + 350$ 2k psu + 5400$ for 18 rx 5700 + 40$ custom case =6050$ per rig

320 rigs x 6050$= 1.936.000$   thats a lot investment , you can use eth asic but no future proof cause eth will switch full pos around a year

[menoiazei]

with 800kw you can build 320 rigs :

asus b250 18 pcie + 2k psu + 8 gb + 120 gb ssd + 16 rx5700

eth hashrate 900mhs/2500watt

800kw/2.5kw =320 rigs x 900mhs = 288ghs in curent day you will be made 7750$/day   nice profit but not easy to get the hardware and need times to build

Was thinking btc or ltc but eth if it pays like that would be a very interesting set up!
What would be the cost of something like that??
any information about sourcing parts and setting it up would be most welcomed!!

Many thanks for the input
 

yeah its accurate eth would earn 7750$/day with your electric,

85$ mb+40$ 8gb ram + 45$ cpu + 40$ ssd 128 + 50$ riser for 18 gpus + 350$ 2k psu + 5400$ for 18 rx 5700 + 40$ custom case =6050$ per rig

320 rigs x 6050$= 1.936.000$   thats a lot investment , you can use eth asic but no future proof cause eth will switch full pos around a year

1.936.000$ is quite a price tag for this one and all this just to run for a year or so...maybe not so good idea after all
looking for something that will use the power in a smart way and make a sweet roi 

[wedgenix]

If you truly can buy at 5 (wtf is that? 5 euro per what?) and sell at 135 (again...135 what for what unit amount?) - assuming you use the same units and buy at 5 whatevers and sell to grid at 135 whatevers.....then why would you mine at all?  Just buy at 5 and charge capacitor banks, batteries, anything you can connect to store grid power at a cost of "5 whatevers", and then immediately dump those saved charges back to the grid at "135 whatevers."

You would get a continual 27x on your money just by charging capacitors then discharging them into a grid-tied inverter.  No mining neccessary.

Therefore I question your "buy at 5, sell at 135" rate.

[wndsnb]

If they do have that price structure, then they would calculate your net usage at the end of the month and credit or bill you based on that.

menoiazei, if you could let us know the units of the prices you gave we'd be able to give you better advice. If you can sell power for 1.35euro/kwh, then you will almost certainly make more money selling to the grid than you would by mining.

[menoiazei]

If you truly can buy at 5 (wtf is that? 5 euro per what?) and sell at 135 (again...135 what for what unit amount?) - assuming you use the same units and buy at 5 whatevers and sell to grid at 135 whatevers.....then why would you mine at all?  Just buy at 5 and charge capacitor banks, batteries, anything you can connect to store grid power at a cost of "5 whatevers", and then immediately dump those saved charges back to the grid at "135 whatevers."

You would get a continual 27x on your money just by charging capacitors then discharging them into a grid-tied inverter.  No mining neccessary.

Therefore I question your "buy at 5, sell at 135" rate.

 5 and 135 whatevers are MWHs and is no question about it just a 20 year contract with energy authority here ! 

 buy at 5 euro so i dont see a reason why not use it to mine since is no limit to how much you can buy
135 is the selling price from the generator and limit to that is how much generator can produce but then again if mining pays more than the grid why not put some power into that too

[menoiazei]

If they do have that price structure, then they would calculate your net usage at the end of the month and credit or bill you based on that.

menoiazei, if you could let us know the units of the prices you gave we'd be able to give you better advice. If you can sell power for 1.35euro/kwh, then you will almost certainly make more money selling to the grid than you would by mining.

Because of the cogeneration we get special pricing for buying power to use and better pricing selling it to the grid from generator,
same thing happens here with some of the solar farms too because government wants to push for greener energy!

[wndsnb]

If they do have that price structure, then they would calculate your net usage at the end of the month and credit or bill you based on that.

menoiazei, if you could let us know the units of the prices you gave we'd be able to give you better advice. If you can sell power for 1.35euro/kwh, then you will almost certainly make more money selling to the grid than you would by mining.

Because of the cogeneration we get special pricing for buying power to use and better pricing selling it to the grid from generator,
same thing happens here with some of the solar farms too because government wants to push for greener energy!

Yes, I understand that. But what is the price you pay, and the price you get paid in euros/kWh?

[menoiazei]

If they do have that price structure, then they would calculate your net usage at the end of the month and credit or bill you based on that.

menoiazei, if you could let us know the units of the prices you gave we'd be able to give you better advice. If you can sell power for 1.35euro/kwh, then you will almost certainly make more money selling to the grid than you would by mining.

Because of the cogeneration we get special pricing for buying power to use and better pricing selling it to the grid from generator,
same thing happens here with some of the solar farms too because government wants to push for greener energy!

Yes, I understand that. But what is the price you pay, and the price you get paid in euros/kWh?

Through contracts sell at 135 and buying at 5 euros per MWh as mentioned before
1MWh is 1000kwh *

[wndsnb]

sorry, missed the post with the MWh.

... OK, so 0.13 Euro per kWh guaranteed vs 0.05 euro/kwh with a 55W/th miner (T17), 0.08 euro/kwh with a s17 pro, or 0.10 euro/kwh with a s19pro.

So even if you spend a ridiculous amount of money for the latest s19pro, you are still not making as much as selling to the grid.

I'm not going to do the calculations for LTC, but I doubt they are any better.


However...

If you can manage to use all the 800kW from your generator, the additional power costs you 0.005 euro/kWh!?! If the contract allows you to buy that power at that rate for mining crypto, then you have an opportunity if you can get enough capital to use all the 800kW + a ton more at 0.005 euro/kWh. I'd look for some investors to build a 10+MW facility ...

[safar1980]

I looked at my calculations, 0.05 euros per kilowatt is very expensive
I will write in rubles for 4.55 rubles per 1 kilowatt.
I pay about 3 rubles per kilowatt, which is 0.033 euros, and this is not the best price.
Large miners in Russia and Kakhzakhstan buy electricity at a price of 0.02-0.022 euros per kilowatt.

[wndsnb]

I looked at my calculations, 0.05 euros per kilowatt is very expensive

OP said 5 euro per MWh, that's 0.005 euros per kilowatt-hour...

[menoiazei]

I looked at my calculations, 0.05 euros per kilowatt is very expensive

OP said 5 euro per MWh, that's 0.005 euros per kilowatt-hour...

Exactly!!!

[menoiazei]

sorry, missed the post with the MWh.

... OK, so 0.13 Euro per kWh guaranteed vs 0.05 euro/kwh with a 55W/th miner (T17), 0.08 euro/kwh with a s17 pro, or 0.10 euro/kwh with a s19pro.

So even if you spend a ridiculous amount of money for the latest s19pro, you are still not making as much as selling to the grid.

I'm not going to do the calculations for LTC, but I doubt they are any better.


However...

If you can manage to use all the 800kW from your generator, the additional power costs you 0.005 euro/kWh!?! If the contract allows you to buy that power at that rate for mining crypto, then you have an opportunity if you can get enough capital to use all the 800kW + a ton more at 0.005 euro/kWh. I'd look for some investors to build a 10+MW facility ...

At the moment looking at l3 + and lite coins

For sure interested for potential investors, also by talking and exploring options about my project here realised is people who own solar farms here who might be able to use some of their power to do coins instead of selling to the grid for a capacity 0f 500kW to 2-3MW, but i am new to all this so for now will try to set some L3s for start, got 10 of them on the way and if everything works out smooth will get 50-100 more scale up and take it from there!
Any information from anyone who has tried something similar is greatly appreciated!!

[menoiazei]

I looked at my calculations, 0.05 euros per kilowatt is very expensive
I will write in rubles for 4.55 rubles per 1 kilowatt.
I pay about 3 rubles per kilowatt, which is 0.033 euros, and this is not the best price.
Large miners in Russia and Kakhzakhstan buy electricity at a price of 0.02-0.022 euros per kilowatt.

Would love to have some insight on some of the large ops in Russia and Kazakhstan you talking about for the encyclopedic knowledge of it!
Many thanks!

[fmz89]

with 800kw you can build 320 rigs :

asus b250 18 pcie + 2k psu + 8 gb + 120 gb ssd + 16 rx5700

eth hashrate 900mhs/2500watt

800kw/2.5kw =320 rigs x 900mhs = 288ghs in curent day you will be made 7750$/day   nice profit but not easy to get the hardware and need times to build

Was thinking btc or ltc but eth if it pays like that would be a very interesting set up!
What would be the cost of something like that??
any information about sourcing parts and setting it up would be most welcomed!!

Many thanks for the input
 

yeah its accurate eth would earn 7750$/day with your electric,

85$ mb+40$ 8gb ram + 45$ cpu + 40$ ssd 128 + 50$ riser for 18 gpus + 350$ 2k psu + 5400$ for 18 rx 5700 + 40$ custom case =6050$ per rig

320 rigs x 6050$= 1.936.000$   thats a lot investment , you can use eth asic but no future proof cause eth will switch full pos around a year

1.936.000$ is quite a price tag for this one and all this just to run for a year or so...maybe not so good idea after all
looking for something that will use the power in a smart way and make a sweet roi 

hahaha its max profit you can get with your power, cheapest config is using asic, easy to config and deploy

higher risk and no reusable value after  couple years thats only problem, you need act fast, this begining bull run, btc hashrate already hit 10x from their ath price 2018

many ppl mining in iran their cheap 0.02$ electric make waves in mining industry.

[menoiazei]

with 800kw you can build 320 rigs :

asus b250 18 pcie + 2k psu + 8 gb + 120 gb ssd + 16 rx5700

eth hashrate 900mhs/2500watt

800kw/2.5kw =320 rigs x 900mhs = 288ghs in curent day you will be made 7750$/day   nice profit but not easy to get the hardware and need times to build

Was thinking btc or ltc but eth if it pays like that would be a very interesting set up!
What would be the cost of something like that??
any information about sourcing parts and setting it up would be most welcomed!!

Many thanks for the input
 

yeah its accurate eth would earn 7750$/day with your electric,

85$ mb+40$ 8gb ram + 45$ cpu + 40$ ssd 128 + 50$ riser for 18 gpus + 350$ 2k psu + 5400$ for 18 rx 5700 + 40$ custom case =6050$ per rig

320 rigs x 6050$= 1.936.000$   thats a lot investment , you can use eth asic but no future proof cause eth will switch full pos around a year

1.936.000$ is quite a price tag for this one and all this just to run for a year or so...maybe not so good idea after all
looking for something that will use the power in a smart way and make a sweet roi 

hahaha its max profit you can get with your power, cheapest config is using asic, easy to config and deploy

higher risk and no reusable value after  couple years thats only problem, you need act fast, this begining bull run, btc hashrate already hit 10x from their ath price 2018

many ppl mining in iran their cheap 0.02$ electric make waves in mining industry.

btc too competitive thats for sure,
i think i will go for litecoin and l3+ for this one, waiting to get some and see how they work and then expand
for cpu i was also looking at monero rigs, that was also interesting

[safar1980]

I looked at my calculations, 0.05 euros per kilowatt is very expensive

OP said 5 euro per MWh, that's 0.005 euros per kilowatt-hour...

Exactly!!!

Then I would have been running for purchases, with such a cost of electricity, any used ASIC will pay for itself in a few months. With a profit of 20-30% per month, it will be very easy to find an investor.

0.45 rubles per kilowatt is the cost of electricity at large thermal power plants in Russia. 

[menoiazei]

I looked at my calculations, 0.05 euros per kilowatt is very expensive

OP said 5 euro per MWh, that's 0.005 euros per kilowatt-hour...

Exactly!!!

Then I would have been running for purchases, with such a cost of electricity, any used ASIC will pay for itself in a few months. With a profit of 20-30% per month, it will be very easy to find an investor.

0.45 rubles per kilowatt is the cost of electricity at large thermal power plants in Russia. 

So what would you be purchasing and what coin would you mine for that price of electricity if you dont mind me asking??
Many thanks!

[menoiazei]

   Sooo i just managed to get my hands on the first L3+ with some more on the way from China...

https://www.youtube.com/watch?v=FnilK-b_rNI&feature=youtu.be

now up and running on viabtc pool

Many thanks!!!

[menoiazei]

  some photos of the operation, would like to know opinions from experienced miners on what i could do here


https://app.photobucket.com/u/souroti

Many thanks!

[miner29]

All photos private so just a login page

[menoiazei]

All photos private so just a login page

Album now public

https://app.photobucket.com/u/souroti

[miner29]

That is awesome.  What you going to be growing?
Looks beefy!

👍

[yxt]

where are you located?

[menoiazei]

 Location is Greece and we grow legal cannabis under contract

[miner29]

Location is Greece and we grow legal cannabis under contract

Some people livin the dream!

[menoiazei]

Location is Greece and we grow legal cannabis under contract

Some people livin the dream!

All is needed now to fullfill the dream crypto mining operation 

[skirch]

Cool grow house . I still don't see any evidence on any mining, just bragging how cool of a place you have? The point of that is?

[menoiazei]

Cool grow house . I still don't see any evidence on any mining, just bragging how cool of a place you have? The point of that is?

is no evidence because is no mining there yet Sherlock   
 if you read post from start maybe you would be able to figure the point out too which is that
got a 800kW generator that produces electricity, dirt cheap electricity price with newly build buildings to house an operation plus loads of pv panels and want to use all that for mining since i have no mining experience
 and no need to brag about it   

[skirch]

3 months of pure bragging, year 2021 is yours to continue

[menoiazei]

3 months of pure bragging, year 2021 is yours to continue

better say nothing if you dont have anything to say
2021 will start mining there
and you will still live with your mom

[miner29]

3 months of pure bragging, year 2021 is yours to continue

better say nothing if you dont have anything to say
2021 will start mining there
and you will still live with your mom

Haters gonna hate.

And thanks for sharing.
Please update on progress as you go along.

+1 merit to you

[menoiazei]

3 months of pure bragging, year 2021 is yours to continue

better say nothing if you dont have anything to say
2021 will start mining there
and you will still live with your mom

Haters gonna hate.

And thanks for sharing.
Please update on progress as you go along.

+1 merit to you

Thank you very much sir!!!

Any creative and useful input is most welcomed and appreciated and project is open!!!

[skirch]

3 months of pure bragging, year 2021 is yours to continue

better say nothing if you dont have anything to say
2021 will start mining there
and you will still live with your mom

Haters gonna hate.

And thanks for sharing.
Please update on progress as you go along.

+1 merit to you

I don't hate, just state facts. And I don't insult, do I?

[miner29]

3 months of pure bragging, year 2021 is yours to continue

better say nothing if you dont have anything to say
2021 will start mining there
and you will still live with your mom

Haters gonna hate.

And thanks for sharing.
Please update on progress as you go along.

+1 merit to you

I don't hate, just state facts. And I don't insult, do I?

You do...calling some one a bragger is not a compliment.

[menoiazei]

3 months of pure bragging, year 2021 is yours to continue

What is the fact that you stating exactly with this post??

Straight up hating,

Reason for thread is to learn and see what is the best way for me to make this happen,
maybe  collaborate with people who know more about all this than i do,

Building setting up and running the greenhouse did not happen for me overnight and
did not start the thread to brag about anything, because i have no need to,
 what i need is to develop it more and start mining coins there too...

[Longhorn901]

3 months of pure bragging, year 2021 is yours to continue

What is the fact that you stating exactly with this post??

Straight up hating,

Reason for thread is to learn and see what is the best way for me to make this happen,
maybe  collaborate with people who know more about all this than i do,

Building setting up and running the greenhouse did not happen for me overnight and
did not start the thread to brag about anything, because i have no need to,
 what i need is to develop it more and start mining coins there too...

You have one hell of a nice operation there, I do a little of both kinds of farming here too. It takes a lot of guts and ambition to get to where you are, don't pay any attention to the little ones.
Any updates on the mining operation? I'll bet your kicking yourself for not buying equipment last year...

[menoiazei]

3 months of pure bragging, year 2021 is yours to continue

What is the fact that you stating exactly with this post??

Straight up hating,

Reason for thread is to learn and see what is the best way for me to make this happen,
maybe  collaborate with people who know more about all this than i do,

Building setting up and running the greenhouse did not happen for me overnight and
did not start the thread to brag about anything, because i have no need to,
 what i need is to develop it more and start mining coins there too...

You have one hell of a nice operation there, I do a little of both kinds of farming here too. It takes a lot of guts and ambition to get to where you are, don't pay any attention to the little ones.
Any updates on the mining operation? I'll bet your kicking yourself for not buying equipment last year...

No regrets for whatever i did not do last year and
No mining there yet but experimenting on a smaller scale with equipment at the moment, ASIC and GPU rigs

Also start of the growing season for me too and that also keeps me busy

Trying to understand mining a bit more and make calculations and speculation on what would the right equipment and coins to choose...

taking it easy

[yxt]

@menoiazei
I think you may want to talk with BitcoinPSU https://bitcointalk.org/index.php?action=profile;u=955679
He use the heat released from a data center to heat greenhouses and buildings

[menoiazei]

@menoiazei
I think you may want to talk with BitcoinPSU https://bitcointalk.org/index.php?action=profile;u=955679
He use the heat released from a data center to heat greenhouses and buildings

Thank you yxt!

Will contact him!!

[menoiazei]

@menoiazei
I think you may want to talk with BitcoinPSU https://bitcointalk.org/index.php?action=profile;u=955679
He use the heat released from a data center to heat greenhouses and buildings

Thank you yxt!

Will contact him!!

Bummer
Try to contact him but cannot message because his status is newbie

[yxt]

I connected you two