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Bitmain tech is leading the way with mining equipment and they are considered the mining giants of crypto. They have the most efficient miners on the market not only that they just keep going. I have 19 miners some i have had for over 10 months with zero problems. My electric is .03 for delivery .057 for KWH charge and i am doing very well. The question is should i go solar and is it worth it? When i first started the answer to this question would be No and it was no up until today. I have done some research and the mining community are basically taking over the solar industry causing more affordable prices for panels and other equipment. For the last 6 years the price of solar and renewable energy has dropped 60%, a Significant amount for any industry. If you have the money to invest i would say getting into mining would be a good idea and using solar would be critical to making a killing. I think in the next 5 years you will see a decrease in the amount of energy needed to run mining equipment, and you will see more solar operations. Will Mining cause the price of renewable energy to continue to fall? What do you think?
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Everett
As more and more companies start to fully accept Bitcoin, it could drive the price of renewable energy down to where it's highly affordable to the average person. To have a house run on solar power costs thousands of dollars to pay and equip the solar panels to the house. This cost is absolutely insane, and this is why people are still using the dated electric company for power. But maybe bitcoin could help decrease the price. I think the price of renewable energy forms such as wind, or solar will decrease as more and more people start mining for bitcoins, it correlates with each other in a smooth way. For instance, you're mining bitcoins and using renewable energy which in return doesn't pollute the earth [i]that [/i]much, or use up too many resources and basically getting paid to use renewable energy and reinvesting. As more and more companies start to fully accept Bitcoin, it could drive the price of renewable energy down to where it's highly affordable to the average person. To have a house run on solar power costs thousands of dollars to pay and equip the solar panels to the house. This cost is absolutely insane, and this is why people are still using the dated electric company for power. But maybe bitcoin could help decrease the price. :D
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