Do you think mining bitcoin/ethereum with a solar panel using Cpu/Gpu is worth it ? Can someone give some advise!
Im not that expert
Or should i go to sleep ? Lol
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I was already thinking about this idea!
My thoughts on this topic:
It takes about 3000 dollars for solar panels that can supply standard mining rig (1,5 kw).
This is quite expensive for faster return of investment but is cost-effective in the long run.
A mylty coin mining rig is required (For example with Nvidia 1080 graphic card or new special mining cards) in order to mine different cryptocurrencies when they are profitable.
Mining is required for "proof of work" based cryptocurrencies like etherium or litecoin.
But mining is no longer as important as before because new cryptocurrencies based on "proof of stake"emerged. That's why I didn't further elaborate that idea.
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Well, you won't pay bills for the electricity though :)
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Using solar power to mine crypto had always been my dream! I just don't have the knowledge or facilities to create such a miner. Whoever does I think will be rich!
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If you don't count the depreciation of the panel and the fixed costs and the time-opportunity cost, then you will be mostly making a profit.
Maybe better mining coins that have higher reward.
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