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0 sats \ 1 reply \ @anon 3h \ parent \ on: Is it ok for a miner to be offline for hours regularly? bitcoin_Mining
Yes, it will be an off-grid solar setup with batteries that keep the miner running during the night.
The electricity produced in June is about 6 times more than the electricity produced in December. So, there are two extremes:
A. Miner that is powerful (and expensive) enough to utilize the June energy. It will work on/off during the winter, waiting for the batteries to be charged. A downside is that money have been spent for a miner which is not utilized 100%, is not working 24/7/365.
B. Get a less powerful miner (cheaper) that can work non-stop even in December (100% utilization all through the year). Then there will be an excess energy in the summer. So, a downside is that money have been spent for solar panels which are not utilized 100% through the year (their energy is wasted in the summer, or at least not used for mining).
How much is the electricity cost from the grid approximately?
Ideas:
- Sell excess energy back to the grid. The electricity company might offer you a “virtual battery” where they keep a balance of excess power and let you consume a fraction of it at night or during other months. You can still install batteries for the day/night balancing and use this resource only for moving energy from summer to winter.
- Have an hybrid approach with some efficient miners for constant use and some less efficient ones for peaks during daylight and summer.
- Tweak the miners frequency to underclock them for slightly better efficiency and adapting to the solar production dynamically.
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