I work for a company involved in various sectors, and one of them is waste management. We own a landfill that generates about 7 tons of methane daily, which is currently just flared off and wasted. If we harness that methane to power a generator, how much energy could we get from it? Then, if we take that energy and hook it up to efficient mining rigs, what kind of profits could we expect from mining BTC? We're trying to figure out if this is a smart investment since I know we'll need to update the hardware every few years.
So, is it actually worth it?
Exploring Mining Profitability Without Energy Costs
3 replies 336 views
Have the landfill company contact a company that deals with flare gas power generation... Considering how common it is for large landfills to do it, should be a safe bit that the site owners can easily contact the companies that build the power generation... If anything just google 'waste gas power generation' or 'co-generation' ... Even if mining does not work, they should still be able to provide several MW of power they can sell to the local power company.
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#3Oct 8, 2019, 03:05 AM
fuel is free not power.
a quality generator costs money.
but 7 tons of fuel is a lot of free fuel.
lets pretend a 100kwatt generator can work. (I suspect far larger )
you could run 30 of these units.
https://www.ebay.com/itm/166744841411
that is 30 x 134 = 4020 th which at 4.7 cents a th is 188 a day
those units above go for 2000 so 30 x 2000 = 60000 dollars and a
landfill gas generator is here
https://www.ettespower.com/Landfill-Gas-Generator.html
do your own research
but
100kwatt will do about 30 s19xp cost for miners is 60k these generate 190 a day
200kwatt will do about 60 s19xp cost for miners is 120k these generate 380 a day
300kwatt will do about 90 s19xp cost for miner is 180k these generate 570 a day
you will need a box for the miners. they run about 30k to 50k
so if 7 tons will do a 300k generator
buy the miners at 180k
buy the box at 35k
buy the generator at 65k
you spent 280k maybe 20k to set it all up 300k in the hole (in usa a tax write off)
earning 580 a day current shit prices of coins.
very ballpark. but feasible as 300k in and two years later 730 x 580 = 423000.
do your own research 🧐
honestly if you were a friend and asked me should you do it. I would give you the numbers above. Make you talk to the generator company to know what 7 tons will fuel. what that costs you to buy and set up.
once you did that. we would figure:
do we sell the power
do we host miners
do we run miners.
The heroes of this story found a way to get free electricity
https://bitcointalk.org/index.php?topic=5505115.0
But their mining results look very fantastic.And I wouldn't take computers around locations for 3 weeks because they are easily damaged in transit.
Related topics
- Eco-Friendly Mining: Exploring Solar-Powered Bitcoin Opportunities 9
- Check Out Our Unique VR Tour of a Bitcoin Mine | Meet Verakari Mining 0
- mining info on bitcoin.org needs an update 3
- Need some guidance for my thesis on Bitcoin mining 14
- Best spots for my mining rigs? 19
- Questions about mining safety and using your crypto wallet 5