Bitcoin Forum
May 05, 2024, 07:12:15 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: An honest answer on mining with solar  (Read 542 times)
Charles-Tim (OP)
Legendary
*
Offline Offline

Activity: 1540
Merit: 4845



View Profile
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.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
1714893135
Hero Member
*
Offline Offline

Posts: 1714893135

View Profile Personal Message (Offline)

Ignore
1714893135
Reply with quote  #2

1714893135
Report to moderator
1714893135
Hero Member
*
Offline Offline

Posts: 1714893135

View Profile Personal Message (Offline)

Ignore
1714893135
Reply with quote  #2

1714893135
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Bitcoin_Arena
Copper Member
Legendary
*
Offline Offline

Activity: 2030
Merit: 1787


฿itcoin for all, All for ฿itcoin.


View Profile
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.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!