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Author Topic: An honest answer on mining with solar  (Read 542 times)
Charles-Tim (OP)
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March 18, 2023, 07:36:17 PM
 #41

The only thing that's possible to run on solar panel in Nigeria is graphic cards
Which means to mine altcoins. Because you can not mine bitcoin again profitably with GPU since 2 or more years ago. Even after two years ago, bitcoin mining difficulty has reached all-time-high countless numbers of time and it continues to increase.

What I just know is that mining in Nigeria would be difficult unless the use of flare gases which are wastes from refineries to generate the electricity and that would be done by a company that is so much interested in mining bitcoin in Nigeria.

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March 18, 2023, 11:01:22 PM
 #42

The only thing that's possible to run on solar panel in Nigeria is graphic cards, you can build a rig with 6 gpu and they whole rig will only take from 600watt to 750watt depend on the graphic card number,
This would be good advice if Ethereum Proof of work was still there, but we all know that that's now history, which means mining other altcoins will also not bring in the expected necessary profits, at least in this bear market.

Generally, it's a very risky venture and perhaps one that could have an ROI after a very long time. I am thinking by the time one is close to even getting the ROI, the mining gear they have could already be obsolete.

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