Solar Energy Bitcoin Mining

[JTV95]

Has anyone had success using Solar energy for bitcoin mining? I’m wondering if it’s even a viable option using the s19 Pro mining equipment. I’ve done research and maybe someone can come up with better results. I spoke with a solar salesman and he says to run 1 s19 pro, I’d need $25k worth of equipment for a 24/7/365 usage. Any other thoughts or options that someone else may have thought of?

[kano]

Depends on where you are and how much sun you get.

Anyone these days can put a 10kW solar system on their roof with a battery.
If you average 8hrs a day of full sun that's close to 3kW 24/7 so somewhere close to what it would need.

The price of the system will depend on where you are, who you talk to and who you get to install it.

$25k seems a high price
Though that depends on what $1 is in what country you are.

[greyday]

$25K sounds about right, depending on where you live and how much sun exposure your roof gets (though there are ways around the latter). For 3kw 24/7 you need a 6+kwh system (probably closer to 8-9 in many locales, which will push you into the $30K+ arena) and a battery with enough juice to provide 3kw on average for roughly half the time. Those are top of the head estimates, you can use calculators found online to get more specifics, but in the extreme rough estimate range, if you are having a system professionally installed $25K seems about right for that load.

If you want to figure out installing one yourself, on the other hand? That can probably shave $5K off it, more if you can get the parts wholesale, but it does mean being confident working with household wiring and dealing with local codes and permits. Also note that this is all based on a battery system. If you live somewhere that will credit you for solar energy generated, you can skip the battery which will save you $5-10K, but you'll probably still pay in the $20-25K range to cover it.

So a 7-9kwh self-install without a battery that should cover all energy in a reasonably sunny locale? Rough guess would be around $15K minimum, but again if you can source some cheap panels you can probably get that down closer to $10K. If you buy used panels and don't care about longevity or efficiency, and can wire it properly so that all of them feed correctly (DEFINITELY out of my area of expertise), you can probably get it down even further. Plus check with local, state, and federal governments (if in the US) for any available tax credits which may ultimately make it cheaper. Basically, for a home I wouldn't suggest it being your only reason unless you want to DIY it and know what you are doing, as it will take quite a while (or another bull run) to make its money back.

That said, if you can do it, do it. I lost money putting mine in but I'm happy to have them (I skipped the battery so they're worthless in a nighttime blackout, but still). Of course, my house is 100% electric, no gas lines or oil tanks, so everything I use is electric. Even when mining isn't profitable, having the panels makes sense for me. YMMV.

[James_minerbrother]

Has anyone had success using Solar energy for bitcoin mining? I’m wondering if it’s even a viable option using the s19 Pro mining equipment. I’ve done research and maybe someone can come up with better results. I spoke with a solar salesman and he says to run 1 s19 pro, I’d need $25k worth of equipment for a 24/7/365 usage. Any other thoughts or options that someone else may have thought of?

This solution is workable, we have some client from USA that buy antminer as solo miner running his miner from a solo energy farm, working very well.

[iwantmyhomepaidwithbtc]

This forum is full of informations

https://bitcointalk.org/index.php?topic=1783328.0

for example..

type "solar" in the search bar and you'll find what you're looking for

[harlequininja]

Did some calculations. If you get about 28KWp of solar panels and 24KWh storage, 25.000$ would be a really good deal. The conditions I got would amount to roughly 35.0000$.
28KWp produce roughly 28000KWh/a -> 3250Wx24hx365d = 28470KWh/a

[philipma1957]

Most parts of the world use factors from 5 to 7

Ie 30kwatt/ 5 = 6kwatts 24/7/365 on a grid tied setup

or 30kwatt/ 6 = 5kwatts 24/7/365 on a grid tied setup

or 30kwatt/ 7 = 4.3kwatts 24/7/365 on a grid tied setup.

battery setups are more costly and batteries simply do not last long.

In NJ USA a 30kwatt is big for a home.

but 20 kwatt could fit on a decent roof.

out lay would be more than 20k but less  than 35k

it would  run three s17pro set to 40th and 1000 watts.

giving you 120th endlessly.

you need the correct after market firmware but it does exist.

so you could do 120th for free which is about 30 usd a day.

NJ ,USA has many incentives the array would pay off in under 6 years.

[harlequininja]

Most parts of the world use factors from 5 to 7

Ie 30kwatt/ 5 = 6kwatts 24/7/365 on a grid tied setup

or 30kwatt/ 6 = 5kwatts 24/7/365 on a grid tied setup

or 30kwatt/ 7 = 4.3kwatts 24/7/365 on a grid tied setup.

battery setups are more costly and batteries simply do not last long.

In NJ USA a 30kwatt is big for a home.

but 20 kwatt could fit on a decent roof.

out lay would be more than 20k but less  than 35k

it would  run three s17pro set to 40th and 1000 watts.

giving you 120th endlessly.

you need the correct after market firmware but it does exist.

so you could do 120th for free which is about 30 usd a day.

NJ ,USA has many incentives the array would pay off in under 6 years.

The storage is crucial. During peaking hours you won't consume 20KW. When you run lithium between 20&80% they last easily 10-20years.
There are also saltwaterbatteries. They last more or less indefinite since you can replace the anode by changing the saltwater.
Just not sure if they are available in the US...

it would  run three s17pro set to 40th and 1000 watts.

Underclocking S19pros is a very interesting consideration!

[Sweminer777]

pretty much done

[Philipma1957cellphone]

Most parts of the world use factors from 5 to 7

Ie 30kwatt/ 5 = 6kwatts 24/7/365 on a grid tied setup

or 30kwatt/ 6 = 5kwatts 24/7/365 on a grid tied setup

or 30kwatt/ 7 = 4.3kwatts 24/7/365 on a grid tied setup.

battery setups are more costly and batteries simply do not last long.

In NJ USA a 30kwatt is big for a home.

but 20 kwatt could fit on a decent roof.

out lay would be more than 20k but less  than 35k

it would  run three s17pro set to 40th and 1000 watts.

giving you 120th endlessly.

you need the correct after market firmware but it does exist.

so you could do 120th for free which is about 30 usd a day.

NJ ,USA has many incentives the array would pay off in under 6 years.

The storage is crucial. During peaking hours you won't consume 20KW. When you run lithium between 20&80% they last easily 10-20years.
There are also saltwaterbatteries. They last more or less indefinite since you can replace the anode by changing the saltwater.
Just not sure if they are available in the US...

it would  run three s17pro set to 40th and 1000 watts.

Underclocking S19pros is a very interesting consideration!

Grid tie in the USA is better than any battery setup.

In the USA.

You get various incentives in the correct states.

The grid acts like your battery.

IE IN NJ use a factor of 6. So 20k is 3.33kwatts you constantly burn 3.00 kwatts with the clocked lower s17 pro and the left over goes to the grid. So in full sun 3k goes to the gear 17k reverses on your meter.

When sun goes away you tap the credits.

That is why a 20k system is good for 3.0-3.33 kwatts 24/7/365

Now you also get credits from the state of nj for 10 years in a row.

So the 30k you paid for the 20k watt system get paid off in 10 years.

The mining earnings are your profit.

But this is all due to state law somes states attack solar and protect oil.

NJ attacks oil and protects solar.
Batteries are not really viable as they are an extra cost.
They take you off the grid and you get lower incentives .

[PETER18]

i think mining with a solar energy comes with a great risk because you can not calculate freely the consumption or power of the specific voltage. i recommend the old fashioned way it is more reliable and applicable

[philipma1957]

i think mining with a solar energy comes with a great risk because you can not calculate freely the consumption or power of the specific voltage. i recommend the old fashioned way it is more reliable and applicable

Dude we have been mining with 700 x 220 watt panels for years.

reliable and works fine.

we caught the 2017 runup
we caught the 2021 runup

entire field is paid off.

but it all depends on the laws and programs where you live.

[ganarix]

How many years does it take to get a return on investment to buy solar cells?

[NotFuzzyWarm]

How many years does it take to get a return on investment to buy solar cells?

Seriously? How about giving some relevant background information such as:

What does YOUR power cost?
How much power do YOU use?
How much will YOU pay for the solar panels, inverters & installation.
Does YOUR local government offer any tax incentives?

Find out all that and then YOU do the math.... There is no global fits-all answer. It all depends on YOUR costs.

[mikeywith]

i think mining with a solar energy comes with a great risk because you can not calculate freely the consumption or power of the specific voltage. i recommend the old fashioned way it is more reliable and applicable

The problem with solar isn't that you can't calculate the consumption, this is false. also, the "old fashion" isn't more reliable, it all depends on your plans and the regulation of where you live, one exception, however, is that off-grid solar system is terrible for mining regardless of where do you live, the life-snap of all batteries is relatively short, and most folks don't understand that just because the sun shines at 8 am and sets at 8 pm you don't really get 12 hours of solar power, it's a LOT less than that, so the amount of backup you are going to need is HUGE.

And given the fact that all batteries have a limited cycle-life (depending on the DOD) you will have two major issues

1- You will pay a HUGE amount of batteries to cover up for the 16-22 hours on which your solar panels are not generating any power
2- The batteries will most likely die before you get to your ROI

Doing this on-grid however, and with the right "program" is a whole different story, the lifespan of the solar panels is way too long (decades-long) and you will have enough time to ROI, of course, you will be hit by a large initial payment which in some cases is better spent on more gears, but again, it's all about the incentives.