Bitcoin - Green mining

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I would like to know whether any work known to bitcoin community, related to 'green mining'. As power consumption is main cost factor in mining, alternate energy sources like, solar / wind powered rigs could also be possible. Thanks.

vi.su.

Posted 2012-11-15T18:01:45.567

Reputation: 1 714

Question was closed 2012-11-15T21:15:42.897

Was. Power was the main cost factor in GPU mining. It no longer is with today's FGPA mining hardware, and is even less of a factor with the ASIC hardware so many are patiently waiting on.Stephen Gornick 2012-11-15T18:35:22.623

This question could be viable with some edits. As it stands, it's soliciting a laundry list of sources, but if it were rephrased properly it could solicit a single answer and I'd consider re-opening it.David Perry 2012-11-15T21:38:03.540

Answers

2

One attempt, .... Diablo Mining Company didn't go so well.

So far, the most profitable mining has been in nations whose taxpayers provide subsidized electricity. Essentially, it is like a form of welfare for Bitcoin mining entrepreneurs.

ASICs have removed that advantage though so it never got to be that big of a deal.

Stephen Gornick

Posted 2012-11-15T18:01:45.567

Reputation: 26 118