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ASIC's aren't affected by the eth merge.
Last I checked solar is not free and has a limited lifespan, so you still have costs for power.
I know when I looked into solar for fun, the 15+ year 'payoff' time sure didn't look free.
so one can install themselves? i thought of trying to buy some panels and put on back of my roof and tie in... to keep it cheaper (got a bro who is a licensed electrician too)
Has to pass inspection if it's connected to the grid, but no law stops you from installing it yourself.
Pretty much. As long as you're not the type to spaz out when handling electricity. I'm sure there's a million guides out there on how to set it all up.
Yeah, there's some good youtube guides on it. I've looked into buying used panels ($40 for 200W or so) and doing something on my own, but I don't have a ton of land to put them on unfortunately. Tying it into the grid and not using batteries seems like the most cost effective route to go, even with the extra paperwork needed. Batteries are just too expensive.
It's pretty easy to build a solar setup that drastically beats the companies and month to month scams that are pushed for solar installs. As you noticed panels are dirt cheap. An large inverter is still pretty expensive and batteries can occasionally be found for decent deals and are necessary depending on where you live/ your utility situation. If I was mining off solar I would setup a independent solar/ battery set up that feeds the machines and pulls from the grid when needed. Definitely not enough money in mining anymore tho.
They're all on ETC now making pennies a day. Of course they're affected.
Yup. You can just do the math though, at 200TH you're looking at less than $1/day per GH. Ergo profits are about to fall off a cliff once difficulty spikes.
I considered looking at the DIY route, but turns out where I am , you are not legally allowed to install your own solar because of "safety concerns" with the power grid... (Alberta, Canada)
Might be temporary while people figure out what to switch to, or it's permanent and people have given up and will start selling me some cards.
add ~75TH from ETHW to that as well
I think we are starting to see some stuff come off now and sort of working towards equilibrium. Most everything has hashrate pulling off now. I figured with my 13¢ power my best bet was to just be off.
So 36 GPUs are getting you $8 a day?
Good man mining VRSC. You best be holding that.Not currently running them but my phi 7210 servers are still $10 in the black a month on vrsc
Kinda crazy considering the age of these servers at this point.
Worth more to sell than to mine at current rates? (Even with free electricity?)Took my rigs offline day before yesterday and just got done cleaning them up and setting them aside for now. They owe me nothing.
View attachment 511279
All 5 rigs have Delta 2400W PSUs.
Zoomed out view showing the solar inverters that kept them fed:
View attachment 511280
I'll be building up a serious kWh bank in my account with the poco now.
Even with free electricity you are looking at far less than a dollar a day per card, and that requires you to hunt the currently best algo for your specific cards, so you're spending a lot of time tuning each one. Then an hour passes and something else is far better, so you have to change all your settings. Finally this means you need to regularly sell off whatever you were mining for something more stable like btc or fiat if you want to realize that reported probability (or use something like nicehash/2miners.) Outside of hoping whatever you are mining shoots to the moon eventually, it does seem that smart play right now is shutting off your rigs.
