accounting research model - bitcoin vs selling electricity,
Budget: $10 – $30 USD
This is a small research project that will require some accounting skills. The parameters are all available without too much deep searching required.
Let's think that I have 15MW of electricity being generated. I have an option to sale that for 0.4 a KWH or should I instead invest in buying bitcoin miners and turn the 15MW into bitcoin. There are a number of websites that already do the math for you, the going price of bitcoin miners depends on the technology, the study should look at buying s9 or s19, or at least 3-4 options for mining rigs. we can do the calculations based one 1MW, research the cost of deployment too for a 1mw project, to take into account payback time.
We will take the price of bitcoin at $50,000 and we will be looking for a point of how long the investment would take to payback and at how many years it is more profitable to do the bitcoin mining, rather than selling the electricity for 0.4
Let's think that I have 15MW of electricity being generated. I have an option to sale that for 0.4 a KWH or should I instead invest in buying bitcoin miners and turn the 15MW into bitcoin. There are a number of websites that already do the math for you, the going price of bitcoin miners depends on the technology, the study should look at buying s9 or s19, or at least 3-4 options for mining rigs. we can do the calculations based one 1MW, research the cost of deployment too for a 1mw project, to take into account payback time.
We will take the price of bitcoin at $50,000 and we will be looking for a point of how long the investment would take to payback and at how many years it is more profitable to do the bitcoin mining, rather than selling the electricity for 0.4