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Airbnb host implements "no-cryptomining" policy after receiving $1,500 electricity bill
(www.techspot.com)
this post was submitted on 16 Aug 2024
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Mining is still doable, you'll just be spending more on your electric bill than you manage to mine. If you're using someone else's electricity though, it's all profit lol
I have a friend who lives in an apartment where utilities are a flat rate included in the monthly rent, and he still has his PC mining when it's not in use.
That's interesting. I'm planning a ridiculously large solar power system, mostly sized to allow car charging and water and space heating during poor weather in winter
The upshot of that is when it's not a rainy winter day it'll make more power (after what we can use or store) than we're allowed to export, and more than we can use for part of the day; for practically all the day in summer
That power is worth nearly nothing. If we can't use it it'll be wasted (the inverter will move generation away from maximum power point until generation meets usage + export limit)
I wonder how many watts a crypto rig can suck; I wonder what crypto over could mine with 3kW x 6 hours; how much with 10kW x 8 hours
It'd be pretty fun to set up n crypto miners to come on incrementally as they become the best use of generated power. I wonder how long they'd need to run to pay for themselves at $AU0.08 per kWh (export tariff after the first few kilowatt hours, marginal cost of electricity wasted rather than exported)
Unless you already have the hardware, buying new just to profit off the short time where it makes sense is not going to pay off.
Indeed, but it's fun to think about. And it's an awful lot of hardware to consume fifteen kilowatts, even if 5 kilowatts was spent keeping it cool