I've been interested about the projects people do that involve mining with solar or wind energy . The amount of people that actually are trying to do their own DIY projects is outstanding.

What is solar energy mining ?

Solar energy mining is pretty self explanatory - mining through the energy given by the sun with the purpose of eliminating the electricity costs.

How is mining profitability determined ?

Mining profitability is determined by the cost of electricity more than any other factor. So if solar power is cheaper than buying grid power, it can make sense to combine on-site solar power with mining operations.

Bitcoin mining with solar energy

Bitcoin as the most popular cryptocurrency can be the right decision for solar mining.Solar plants can provide power that is cheaper than grid power in areas with good insolation and low construction costs. The price of power is also known with some certainty over time because there are no fuel costs and thus no volatility.A 1-megawatt solar project could provide power over the 25-year life of the project at about 5 cents per kilowatt-hour or less (substantially less than the approximate 10 cents per kilowatt-hour of industrial grid power in California). Power-purchase contracts may also be available for solar power of this size in California as a backup source of revenue generation. A contract must be obtained that allows power to be used onsite first and any excess remaining to be sold to the grid.

Worth it or not ?

I came across a very good YouTuber that makes really great content and recently he made a video explaining whether it is really profitable or not to mine Bitcoin with solar . I definitely recommend others to check this video ( has more than 1 part ) .