Fair enough although my solar system is a home supporting one with the objective of keeping fridge freezer lights and internet connection going 24/7/365. I use 4x300watt + 450 watt panels and a dual system battery setup using 24v lead acid 100a/h as a backup and 24v Lifepo4 110ah as the main supply. Entire system cost about NZD$7000. This works to supply power 99.5% of the year with the backup of a small 800 watt petrol generator for those mid winter weeks when the sun might not shine. We do not use electric for any heating and nearly all cooking is done on woodstove or gas hotplate. Yes if you have a set up for running your home you will have surplus in summer and can use that to mine at whatever scale the set up enables...I suspect though it will be far from profitable and more of a minor sideline/hobby as my setup is. Sure it is nice to be using some of the surplus to mine sats but do not hope to generate much if any real profit in the short term. Maybe one day if BTC price goes to a million! I get about 5 cents/kw/h mining (NZ currency) so if you have the option to sell back to the network you could probably get a better price- here in NZ you can get up to 15 cents/kw/h for selling back into the grid. The time and effort spent in setting up and maintaining my mining operation definitely is not justifiable unless seen as a hobby...am constantly monitoring the battery level and weather forecast to set the miner at the ideal speed...for a dollar or two return every week!
Fair enough although my solar system is a home supporting one with the objective of keeping fridge freezer lights and internet connection going 24/7/365.
I use 4x300watt + 450 watt panels and a dual system battery setup using 24v lead acid 100a/h as a backup and 24v Lifepo4 110ah as the main supply.
Entire system cost about NZD$7000.
This works to supply power 99.5% of the year with the backup of a small 800 watt petrol generator for those mid winter weeks when the sun might not shine.
We do not use electric for any heating and nearly all cooking is done on woodstove or gas hotplate.
Yes if you have a set up for running your home you will have surplus in summer and can use that to mine at whatever scale the set up enables...I suspect though it will be far from profitable and more of a minor sideline/hobby as my setup is.
Sure it is nice to be using some of the surplus to mine sats but do not hope to generate much if any real profit in the short term.
Maybe one day if BTC price goes to a million!
I get about 5 cents/kw/h mining (NZ currency) so if you have the option to sell back to the network you could probably get a better price- here in NZ you can get up to 15 cents/kw/h for selling back into the grid.
The time and effort spent in setting up and maintaining my mining operation definitely is not justifiable unless seen as a hobby...am constantly monitoring the battery level and weather forecast to set the miner at the ideal speed...for a dollar or two return every week!