800kW of power and a greenhouse

[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!!!

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[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!!!