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20 sats \ 1 reply \ @faithandcredit 26 May 2022 \ parent \ on: Tesla delivers Megapacks to new Bitcoin mining facility bitcoin
Is the only purpose to mine Bitcoin? Or will the solar farm also be able to sell power to the grid?
Your rigs are profitable up to $0.15 per kWh, and the grid is willing to pay $0.25 per kWh.
Would it be a rational economic decision to turn off the rigs and redirect that power to supply the grid?
Yes, yes it would!!
However, this installation is a "pilot" and is also "off-grid", so there's no ability to supply the grid, as far as I could tell. But if this proves that bitcoin mining using solar + battery works well enough to be viable, future expansion could be built where supplying the grid when it is profitable becomes a capability as well.
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