Buysolar's new project has moved to phase 2

I've been mining with Buysolar since 2014. He set up a solar array back in 2016. We really hit it big during the 2017 bull run. Now we're on the hunt for new locations to set up another array. We've found a site for 1000 solar panels, each at 300 watts, which gives us a 300kW array. When we connect it to the grid, it should give us about 43 kW running all day, every day. In the first phase, we set up 200 TH of Bitcoin miners. In the second phase, we added another 200 TH of Bitcoin miners and 6 GH of Litecoin miners. I'll share a YouTube video soon.

Reserved Your video will be live at: https://youtu.be/vHRrOCPgqJs more info to come.

Video quality not so great but good enough, very nice set up there, Solar is a great idea, but batteries are the greatest liability of the system. how do you handle such a problem?

This is grid tied we don't need no stinking batteries 1000 x 300 watt panels = 300,000  kwatts or 300 kwatts.  we mine with 40 kwatts of that 300 kwatts   and sell 260 kwatts  each hour of sunlight so 5 hours on average full sun   is  19 hours you need to buy back so in a day  we sell 5 x 260 = 1300 kwatts    then buyback   19 x 40 = 760 kwatts the power company charges  more for the buy back then the sell   so   the 1300 we sell  earns about 800 to buyback we do a push or break even with the power company  that acts as the battery system. the power company  gets a gain  of 1300-760 = 540 kwatts a day we end up with 40 x 24 = 960 kwatts  at no cost each day You need a lot of space  for 1000 x 300 watt panels this warehouse has them.  It is about 200,000 sq ft  edit 95000 sq foot roof I will do more post and photos over time. This part of the buildout is where we create a power demand  to justify the 300kwatt roof top system. we are pulling 47kwatts at power company price of 11 cents  that is about  47 x 24 x 30 = 33,840 monthly kwatts at 11 cents = 3800 usd we need to do this for 4 months  for about 16000 in power cost.  This is part of the startup cost for the solar setup. say the 300kwatts = $600,000  then add 16,000  power and add 10,000    mining gear  and 4,000 wiring structure =    630,000 to build the system then the federal and NJ incentives are based on that number most of the cost is for the panels the incentives make it viable. THIS DOES NOT WORK IN MANY STATES it does work in NJ

Yes  this will be the second one. If it works well we will be trying to add one or two each year.

to put it in one time to get approval for the 1000 panels system, but  if we shut the mining down  and just look to sell the power back to the power company we can do it after 1 year of mining. NJ law is good for solar. In fact we may get a new law that lets  us sell to our neighbors at 8 cents  vs 4 cents to power company.  But that is another pair of sleeves. We ordered 2 more m10's  and will be getting them by weds or thurs. the build out is stable enough.. 3  s9's dropped off the braiins software dropped out 1-20-12:45 could be a fuse issue a standard s9 dropped out          1-20-16:30 a standard s9 dropped out          1-18-21:55 37th off 3x  l3+ dropped off all at the same time  1-20-12:45  could be a fuse issue 2100+800 = 2900  maybe they are on a 14amp fuse  and 2900/240 = 12.2 amps  which is close That would mean 2  troubled units.  not  6 We are bring more pdu's  when we go up  should solve load issues. but  the other 36 units are all good. 1x  s7ln 1x  t2turbo24 1x A921 2x A721 4x m10 16x s9 place was so fucking loud I could not hear myself think so I will bring head phones and ear plugs

nice! this is what I want to do on my side lot! especially since the electric company is being a dick about installing a transformer.

Yeah  so far so good.

how are you going about the financing? every bank I have approached backs out as soon as they hear crypto. I got one bank to be interested but only because I called it a data center instead and did not mention crypto at all.

this is not an issue. Buysolar has his solar business I have gone joint with mining on his first array on his own property. The owner of this very large warehouse (200,000 sq ft)   has  the warehouse and his own business in it. The warehouse has excess space. The warehouse has 3 power panels 1) 480 3 phase 2) 208 and 3) 240 It has its own transformer  rated to 250K-watts It is basically next to perfect. The warehouse owner will finance the solar panel install buysolar will do the install  he will turn a profit on the install of the 300kwatts in panels I will put in the mining gear around 10k the feds and the state give the warehouse owner large subsidies for the panels. the first outlay for the owner is 3 to 5 months of full cost power  to show load is large.  that is about 12k in power cost. we then put in the solar.  No one goes deep into pockets. I would estimate out of pocket  for warehouse owner is under 30k For mining part under 15k which Me and buysolar will put up. As I said this work in NJ,USA due to subsidies given by the state. Once it is fully done.  We will  not own the gear  the warehouse guy will own it. We will manage it for a fee, Short term before solar kicks in we are splitting coins with the owner of the warehouse we put up the gear he put up the power. If this all works well we may end up doing as many as 5 or 6 warehouses in NJ.

I have been debating this. In our case the s11 cost 512-65 = 447 + shipping + 27.6% tax so 512+125+80 = 707 a m10 is 880  the m10's we are are perfect 100% reliable zero issues.  high speed is 31th  low speed is 21th our coin deal until  June 1 is 50-50 or  I have a 15.5th power free miner for the next 150 days the s11 is 20th or 17th    so I have a 10th power free miner  for the next 150 days once solar is in he will buy out the miners  so I spend zero in the long run for the miners.  In my case I think the m10 is better I am guessing the extra 5th I get for 150 days is worth laying out the the extra 180 cash I know the m10 has 70 watts at high speed and 60 watts at low speed the s11 has 70 watts at high speed and 64 watts at low speed. 5 th is 76 cents a day  at 150 days is 114 dollars more in mining .  but the gear all gets sold to them in June. I still think if you buy 1 unit at a time the m10 is better then the s11 This is based that  no trump tax on the m10 and trump tax is on the s11. If you don't pay trump tax the s11 is 125 less and may be the better deal.

philip let me know if you need help getting gear in under de minimus value. You shouldn't paying duties on gear like the m10 31T or s11 at current pricing. Sounds like a great project and this making me wondering what subsidies Oregon has for solar being a very environmentally conscious state.

Maybe we will need 4 to 6 more m10's as project progress moves on. Next step is add 2 more m10's and tweak it a bit. we will then run 480th btc and 7gh ltc nonstop till june.

Donald trump is having a tariff war against china. 25% + 2.6 % = 27.6%

So the m10 is exempt from this tax? Does it not come from China? Or what am I missing?

it is not exempt if you buy 1 you are under 800 (799) and may or may not be taxed. if you buy 2 you are over 1000 (1598) and will be taxed. if you buy 3 you are over 1000 (2397) and will be taxed. While one of  the S15 is 1020 which will be taxed. I have ordered my m10's 1 at a time as has buysolar  we purchased 4 since the trump tax  started  each one was under 800 which may or may not be taxed. New photos

So over 1000 is certain tax? What is the white blanket A welding blanket for fire?

Yes over 1000 from china to usa = certain tax. under 800 from china to usa = maybe tax. White fire blanket  will also prevent shorts and grounding. Made of fiberglass. More photos 18 x 30 amp circuits

So that is all sound proofing and a firedoor right?

@ yankees yes silver stuff comes from home depot  lower sounds, but the room is 86 db more photos top shelf to bottom 2 a721   avalon 5 s9 2 l3+ 3 s7ln 9 l3+ panels