Quote:
Originally Posted by red-beard
I have considered doing crypto-mining for our powerplant. We produce power in the 6.0 cents per kWh region all in (including financing and partner payouts). We get about 7.2cents per kWh.
One way to increase the value of the electricity would be crypto mining.
I am trying to get my business partners to go in on a "test" unit spending about $50K. Our powerplant is 3.2 MW
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what do you want to mine? Bitcoin, Ethereum, ravecoin etc.... Ethereum is only good for gpu mining for the next two years. It will switch over to proof of stake Ethereum 2.0. Mining rigs are power hungry. They gobble up electricity like the cookie monster gobbles up cookies. I run mostly gpu rigs with one asic miner.
Asic miners are doubling up in price due to the bull run right now.