/biz/ - Business & Finance

>>50073203
Okay, I was going to do some math on this but it turns out this is a common question so there's already resources online giving estimates.

Let's start here (scroll to the end for quick summary examples)
>https://climatebiz.com/solar-powered-bitcoin-mining/

To summarize: solar powered BTC mining is viable but requires a substantial start-up investment. On the order of a few hundred thousand dollars minimum. Expect 5 year ROI for smaller scale operations.
Also IIRC, 5 years is pushing the boundary on lifespan of a typical BTC industrial miner, so expect to be buying all new BTC mining equipment after that. Luckily, the majority of the startup cost for a solar-powered BTC mining operation is the solar panels and infrastructure itself. There would also be periodic maintenance and other upkeep costs not considered here.
There's also a scalability factor to some extent (larger operations have a shorter ROI).
I'm guessing that if you cost optimized for areas with the best year-round sunlight, you could make this a worthwhile investment. However, you could also just simply sell the excess electricity back to the power grid instead, so YMMV.