How can we reduce the cost of electricity?

in #mining7 years ago

energy_power_grab.jpg

The most costly part of the Bitcoin mining process is electricity. The more we can deduct the electricity cost, the more we will gain. How can we reduce the cost of electrical energy, let's do some brainstorming.

The best way to reduce the cost of electricity is by proper usage of it. We are capable to generate electricity in many ways. It can be in Fuel,Solarpanel,Hydroelectricity. We all know that the popular way to generate electricity is by the use of fuel but in my country it's costly. But that is not the problem . The problem is how we are going to manage and save our energy . If we have more electrcity thats the time that the cost of electricity will reduce. Just like the law of supply and demand.

I'm using solar panel and it's very nice for me, this is my solar panel system.. when I bought it was expensive more than 200$.

https://www.amazon.com/ECO-WORTHY-1200W-Monocrystalline-Solar-Panel/dp/B011918YV0/ref=sr_1_24?ie=UTF8&qid=1498594890&sr=8-24&keywords=solar+panel

I'm burstcoin miner and this system is absolutly enough to mine with 150TB hard drive with EVGA GeForce GTX 1070 SC and i7 pc which works 24/7 in the year.

My friend in egypt uses fuel energy for burstcoin mining... he use this generator.. his hardware is similar to me.

https://www.amazon.com/Champion-Power-Equipment-100263-Generator/dp/B01FAWMMEY/ref=sr_1_3?ie=UTF8&qid=1498595209&sr=8-3&keywords=fuel+generator

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Nice! Thanks for sharing :)
I live in europe and to have solar panel is not that useful ! In egypt and africa is perfect to have a solar panel, they will benefit a lot :)

I upvoted your post, keep it up ... Cheers

hmm very interesting! great post, upvoted

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