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After reading all of your Ocean journey, I think I should get some Nano 3s but first I've to intall solar. Electricity has got more expensive, nearly a 50% hike, after we were shifted to City status.
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Yes, that's a huge issue. I won't be turning a profit any time soon.
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We now get 70% subsidy on a 3kw watt home solar plant, how many or how big a mining rig can I run on it?
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The sun is not shining at night. Simple fact. So you have to provide information how expensive a kwh is. If you want to run a miner only when the sun is shining you probably never get roi. Your solar energy is also not free, it has a price. You have to buy and install it, sometimes even maintain or insure it. But you also have to ask yourself if the heat produced is waste or if you can use it. If you use ac to cool the room mining there even gets more expensive.
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I run very small scale solar mining as living offgrid and in summer have surplus electricity but would say consider how close you are to the equator, as currently, mid winter here in South Island New Zealand, I have had to drastically reduce mining just to keep the lights, fridge and internet running! That 3kw solar plant will probably be peak output mid summer. The seasonal variance in solar power produced by PV panels where I am roughly midway between equator and poles is considerable...maybe 3-400%. That said with 3kw you could run one serious mining rig of perhaps 100 plus TH...but only while the sun shines. I dont know how small scale mining can be profitable in a real time sense unless you are using solar power that would otherwise be unused as is the case for me in midsummer, but even there it will be years before I've covered the cost of the 4 Tb Nano3 and 1Tb Lucky miners. In the longer term who knows how much sats will be worth, but realistically home mining is more a hobby than a business...it is fun converting solar energy into hard, kyc free savings liquidity.
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I'm from north India and fairly close to the lime of Cancer, there's enough sunlight more than 300 days. But when there's not it's like gone for 5 days in a row or 10 days in a row. This happens mostly in winters but can happen in rainy season as well.
The Heat can be an issue only in May - June, otherwise it's enough cool in the basement where I intent to put the setup.
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Sounds like a good situation for you to mine off solar and if the sun does not shine for a few days you can close the miner down for that time - that is what I have had to do this winter here a lot because it has been extraordinarily wet and cloudy- the last 6-9 months have been the wettest and least sun for many years. It's great to be earning sats while the sun shines. In peak summer here when it occasionally gets over 40 degrees Celsius I can run a small air conditioner off the solar power too.
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I don't know. @Solomonsatoshi is the guy to ask.
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