Whole House Solar Electric Setup?

[Steve]

To elaborate further on my post:

PG&E and California’s other major utilities, Southern California Edison and San Diego Gas & Electric, have petitioned state regulators to slash the bill credit they must pay to solar customers by more than half. Not only that, if their proposal is accepted by the Public Utilities Commission, the utilities would be allowed to charge these solar-using homeowners a monthly flat fee — around $70, in PG&E’s case.

Read more here: https://www.sacbee.com/news/california/article250185380.html#storylink=cpy

And here is the filing of So Cal Edison and Pacific Gas & Electric to the California Public Utilities Commission:
https://docs.cpuc.ca.gov/PublishedDocs/Efile/G000/M371/K711/371711892.PDF

Many crypto miners have solar setups that feed the graphic cards directly..

 

[Rudy]

Many crypto miners have solar setups that feed the graphic cards directly..

I don't doubt it. Crypto mining is extremely energy consuming. At some point, the energy cost required to discover the next cypher, exceeds the value of the crypto coin. That limits the number of crypto coins available.

 

[zeemang]

I read an article about crypto miners leaving China and settling for TX of all places. I would have thought they would be looking for a reliable grid...

 

[GKL]

Many crypto miners have solar setups that feed the graphic cards directly..

I just did a quick search online using the words: crypto miners solar

and here is a quote from one of the links on the first page of results:

(quote)
In the case of this particular desert miner, the individual mining rigs cost about $8,000. This cost has included all solar panels, power controls, batteries, and the Antminer S9 ASIC processor. When fully operational, each miner brings in a profit of about $18 per day.
(end quote)

.....so an investment of $8,000 to make about $18 a day definitely isn't a get rich quick scheme of course with enough of them over time it seems like it might be okay once the initial investment is recouped. ......but then isn't there the uncertain variable of if the value of what is mined will drop later on ? (I'm not very educated in this area, and no interest in doing it myself, just wondering )

(of course you need to have to also have the land where it will be set up at)

 

[SeabeeRon]

I read an article about crypto miners leaving China and settling for TX of all places. I would have thought they would be looking for a reliable grid...

Got that right!

 

[Steve]

I just did a quick search online using the words: crypto miners solar

and here is a quote from one of the links on the first page of results:

(quote)
In the case of this particular desert miner, the individual mining rigs cost about $8,000. This cost has included all solar panels, power controls, batteries, and the Antminer S9 ASIC processor. When fully operational, each miner brings in a profit of about $18 per day.
(end quote)

.....so an investment of $8,000 to make about $18 a day definitely isn't a get rich quick scheme of course with enough of them over time it seems like it might be okay once the initial investment is recouped. ......but then isn't there the uncertain variable of if the value of what is mined will drop later on ? (I'm not very educated in this area, and no interest in doing it myself, just wondering )

(of course you need to have to also have the land where it will be set up at)

I'm guessing that's a fairly old article...when bitcoin was around $1000. An antminer 9 would pull in about $0.50 a day now.. basically a paper weight. bitcoin is being mined by setups that fill an entire warehouse. can't remember the exact stats but its said that bitcoin miners use more electricity than all of Northern Europe.. coin difficulty has gone up so the electricity consumption is.higher now.
bitcon mining for a mom and pop setup is for the most part a losing investment. If you have an s9 and the guy beside you has an s10 its game over. The large mining companies will buy every s10 on the market... and in some instances before it's on the market.
Most of the solar miners i have chatted with live in Australia and mine ETH... their main problem was heat.. some western miners were using the heat from the mining ooeration to heat their homes during the winter
Most of the coin miners use electricity generated from fossil fuels or garbage burning... JPM busy doing gods work (gold -1% today, bitcoin +10%) do i need to add a sarcasm tag?

an asic miner will have the neighborhood complaining about the noise... they're that loud

 

[GKL]

I'm guessing that's a fairly old article...when bitcoin was around $1000. An antminer 9 would pull in about $0.50 a day now.. basically a paper weight. bitcoin is being mined by setups that fill an entire warehouse. can't remember the exact stats but its said that bitcoin miners use more electricity than all of Northern Europe.. coin difficulty has gone up so the electricity consumption is.higher now.
bitcon mining for a mom and pop setup is for the most part a losing investment. If you have an s9 and the guy beside you has an s10 its game over. The large mining companies will buy every s10 on the market... and in some instances before it's on the market.
Most of the solar miners i have chatted with live in Australia and mine ETH... their main problem was heat.. some western miners were using the heat from the mining ooeration to heat their homes during the winter
Most of the coin miners use electricity generated from fossil fuels or garbage burning... JPM busy during gods work (gold -1% today) do i need to add a sarcasm tag?

an asic miner will have the neighborhood complaining about the noise... they're that loud

Thanks, should had thought to look for the article date, just rechecked and it said: "Updated Jun 25, 2019" which may not seem long, but when it comes to computer related stuff even a couple years can make a difference with some things