Large-Scale Solar-Powered Bitcoin Mining Operations

We bet that some of you are tempted to construct a solar-powered Bitcoin mining facility that is large enough to operate on a utility-scale.

This section is for you if you’re wondering whether or not this option is a good one. Let’s take a hypothetical large-scale mining operation through its entire process step by step. This will allow you to determine whether or not this option is a good fit for you.

Scenario One – (10 Mining Units)

Scenario Two – (25 Mining Units)

Scenario Three – (50 Mining Units)

Scenario Four – (250 Mining Units)

Please be aware that the aforementioned calculations only represent rough estimates and are based on the assumption that your electricity costs $0.12 per kWh. The costs associated with installation and maintenance are also not considered. Last but not least, this entire operation requires room, and that means land. The price of land was never taken into consideration because it is so subjective.

You’ll observe that the size of the Bitcoin mining operation affects how quickly your investment pays off.

This is mainly because as you get closer to utility-grade solar system sizes, the cost per watt starts to drop (substantially).