Is Mining Bitcoin in Your House WORTH IT?

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Is Mining Bitcoin in Your House WORTH IT?

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you might want to add a wind turbine to generate some power at night if possible

jamessmoth

Having free electricity will change completely the game….

ocbphoto

You should consider building a nuclear reactor in your backyard. It will help cut costs on electricity and will make you more self sufficient

jamesrobinson

Considering the cost of batteries/inverters/panels and their respective charge cycles/lifespans, you aren't gonna save much on solar. A 3, 000 watt mining rig is probably gonna cost you more than your mining rig is bringing in unless you are banking on being said, you might be better off just buying the btc

revolverguy

Vosk, u probably already know that batteries are the most expensive and weakeat part of the system. You might consider using the solar power to produce HHO (hydrogen after electrolysis) store that in large propane tanks. Use the stored HHO to fuel a generator that produces the electric at night. Extra steps, yes, but yields more electric at a lower cost. There is a guy from New Jersey who started powering his home and cars this way back ib the 90s. Video about him and this project can be found here on Ytube.

josephdykes

I blew it although I could rebuild it !
I had a piece of land on Long Island
Had stream that ran from lake across my land . I put paddles on wheel and
Generated power, my house was 4400 sq ft and took care of all power needs .
Plus I could have added 10x what I was using . Once I realized how much energy was made I set one up in a friends cabin upper New York . There’s a lot of places that has streams that you can hook up, they don’t have to be big ! Even the flow doesn’t have to be much

Shadow-

how many panels would be required to run one s19 miner

Midlothian-M

Solar panels don't come for free batteries, cost money, it's not worth it, don't forget the difficulty rate as well

kingcardano.millionada

So to the smokers out there looking to get into mining. You could quit smoking and put that money into bonds or CD's and come out better AND healthier.. 7 bucks a day could be accumulated with just some wiser spending habits. ESPECIALLY knowing that 92% of all Bitcoins have already been mined.

THOTHvii