Category: Bitcoin Cyprus

Turning the Cyprus Sunshine Into Digital Gold!

9/3/2024

The first Solar mining Bitcoin test farm in Cyprus

Bitcoin Cyprus Off-grid Solar Mining

Solar mining Bitcoin refers to the practice of using solar energy to power the hardware needed for Bitcoin mining. Bitcoin mining is an energy-intensive process that involves solving complex mathematical problems to validate transactions on the Bitcoin network. Solar mining altcoins and DePIN (Decentralised Physical Infrastructure Networks) tokens, converting the rewards to BTC represents a growing trend aimed at making Bitcoin mining more sustainable and economically viable in the long run.

Here are some key points about solar mining Bitcoin with free energy from the Cyprus sunshine:

Sustainability: Solar mining alt-coins and trading them to BTC is by far the most efficient and free way to earn Bitcoin. Whats more, its the more environmentally friendly approach to Bitcoin mining compared to traditional mining operations that rely on fossil fuels.
Off-Grid Solar Bitcoin Mining Farm: Solar panels can be installed in remote private fields, allowing Cyprus families with land to produce a passive income mining Crypto currencies.
Bitcoin mining off-grid: Without relying on conventional power sources can be especially advantageous in Cyprus where grid supplied electricity is expensive and often unreliable.
Initial Investment: While the costs of solar panels and associated equipment can be high upfront, advancements in technology and decreasing costs for solar installations are making it more accessible.
Scalability: Solar mining operations can be scaled up by adding more solar panels and mining rigs based on the energy needs and investment capacity.
Bitmain Antminer (ASIC): These machines are easily accessible from Cyprus, as well as many other altcoin mining rigs that can be easily obtained from Europe and the UK.
Energy Storage: Incorporating 48v battery storage systems can help Cyprus crypto miners store excess energy generated during the day for use during non-sunny periods, ensuring consistent mining operations day and night. 48v battery systems for off-grid solar Bitcoin mining starts from just 200 Euros. We do not recommend 12v or 24v battery systems for solar Bitcoin mining, contact the Bitcoin electrician to learn more.
Internet: For off-grid solar mining Crypto you will need a reliable 4G Wifi router, for advice on how to set this up a 4G Wifi router using only solar power, contact the Limassol Bitcoin electrician.

Using excess energy from your existing photovoltaic (PV)

If you already have a grid-tied photovoltaic (PV) system with solar panels on your roof, why not use the excess wattage produced from 10 am to 3 pm (when your home usage needs is at its lowest) mining Bitcoin? This could be as simple as plugging a ASIC BTC home miner into a 13 amp socket. Contact the Bitcoin electrician in Cyprus for a "how to SOLAR mine Bitcoin at home" consultation.

Bitmain Antminer, BTC ASIC miner, Cyprus

Small businesses in Cyprus accepting BTC for payments of goods and services:

Limassol Electrician 24/7 Cyprus
Rejuvenation Hiking Tours
Limassol Skate School
Map of businesses in Cyprus accepting Bitcoin (on chain and Lightning) see BTC Map

Bitcoin miners of Cyprus meet ups:

Limassol Running Club Bitcoin runners in Cyprus.
Rejuvenation Hiking Tours Hiking adventure for nature and freedom loving Bitcoiners in Cyprus.

Solar Irradiance BTC Solar Mining Cyprus

Importance of live Irradiance data on your smartphone

Solar radiation (sunlight watts per meter squared) live and accurate info on your smartphone will be needed plus smart tracking solar Irradiance cameras. Both are absolutely essential for remote Solar Crypto mining farms in Cyprus. Without this, its impossible to produce a maximum efficiency remote off-grid solar Bitcoin mining farm in Cyprus.

Noise pollution

Obtaining used ASIC miners is a fantastic budget friendly way to start a solar Bitcoin mining farm in Cyprus. You will need to replace the cooling fans to bring the noise level down to an acceptable level. We replace the stock mounted cooling fans with high quality PC fans that have a much lower rpm, this significantly reduces the noise of off-grid Bitcoin mining farms in nature.

Reboot over Wifi

Smartplugs with Wifi connectivity are another essential component for remote location off-grid solar crypto and Bitcoin mining. It will be impossible to run a remote location solar crypto mining farm in Cyprus without these.

Is Solar Crypto mining profitable in Cyprus?

Solar mining Crypto including Bitcoin is always profitable if your electricity is FREE.

ROI with Solar Crypto mining in Cyprus

The most comments we receive on our videos showing some of the solar crypto mining machines that we have been testing, is what is our return on investment? Many comments from "Cypriot crypto experts" saying we will need 10 to 20 years for a return on investment, others say our investment will never pay off. These comments are often from the same stupid people that believed their local Solar PV installer electrician that by giving him over 10,000 Euros for grid-tied solar panels on their roof would pay off in 2 to 3 years. As a licensed electrical contractors in Cyprus with nearly 40 years experience, we see on a daily basis the shocking standards of poorly installed Photovoltaic (PV) systems in Cyprus, almost all of these systems will need 10 years to pay off, by that time the advancements in PV technology would have moved on 1000% and more.

Furthermore, all the negative comments we received from "Cypriot crypto experts" have completely missed the point of what we are actually doing with Solar crypto mining. Their uneducated comments based on nothing more than online BTC hashrate calculators, they think this makes them "Solar Crypto mining experts", none of these people have ever tried solar crypto mining at scale in Cyprus.

Our solar testing crypto mining test farm will have fully paid off within 10 months! And that's at a Bitcoin price of 55,000 USD (the price of Bitcoin when our solar cyrpto mining farm went online). What if Bitcoin goes to 150,000 and more? (We truly believe it will). Our relatively small investment into crypto mining machines will have paid off handsomely. PLUS we still have our land in Cyprus with off-grid solar, FREE electricity forever. This of course has so many benefits with agriculture land development, planting of trees, vegetables and electric water pump and increasing the value of the land.

How will we pay off our solar crypto mining farm in less than 10 months.
85% of our solar computing power is mining altcoins and DePIN projects, we trade the altcoins mined on a daily, weekly and monthly basis (depending on market conditions) into BTC. Our altcoin mining is high rewarding and very low power, ideal for off-grid solar systems, we even have smartphones mining crypto (a new exciting DePIN project that everyone can get involved with!). The remaining 15% of our mining hashrate goes to SOLO mining BTC. You receive no mining rewards for solo mining, instead for each 10 minutes, hour and day, your miner has chance of solving a BTC block and being rewarded 3.125 Bitcoin. Hitting a BTC block reward would be life changing, over 200,000 USD tax free!

Why everyone who believes in freedom and more decentralisation should be running a solo BTC miner at home: The odds of winning a Bitcoin bock reward of 3.125 BTC with for example 14 Terahash (a few small home miners or a cheap S9 from eBay) is approximately 1 in 370,000. A far greater chance than the 1 in 24 million Cyprus Joker lottery. Best of all, you get to play for FREE everyday forever when SOLO solar mining.

We always replace the standard high rpm fans in Bitmain Antminer power supplies with Noctua whisper silent fans. Ideal for using ASIC miners for winter bedroom heating combined with Bitcoin mining,

Mining Machines ROI Life Span

We run our solar crypto mining machines at medium power through auto-tuning software to increase their life span, also our mining machines benefit from being outdoors with natural airflow cooling.
If Bitcoin goes to 100,000 USD per coin and more, the used mining machines we bought cheap will only increase in value as more and more hobbiest crypto miners enter the solar crypto mining scene in Cyprus.

Winter Solar Mining In Cyprus, Enough Sunshine?

Another one of those stupid comments that we get a lot on our social media solar crypto mining videos, comments like "winter is coming bro". The solar crypto mining farm that we have been testing is not solely reliant on sunlight. Our 48V solar rechargeable batteries allows our system to earn 24 hours per day, with or without sunlight!

Also during the cold winter months December to March, we will transfer some of our Bitcoin mining machines to our home for duel use as space heaters. Bitcoin mining machines produce a lot of heat which is ideal for heating bedrooms, hallways, kitchens. And unlike high wattage convention heaters that many homes in Cyprus use for winter heating, using a Bitcoin mining machine for heat will at the same time be making a passive income mining Bitcoin. Noise will not be an issue, we've already upgraded the fans from the stock supplied high RPM fans to high quality low RPM quiet PC fans.

"Millions of homes across Cyprus turn on high energy electric heaters during the coldest winter months, using Bitcoin mining machines as duel use space heaters reduces the need for inefficient high wattage convection electric heaters and at the same time makes money mining Bitcoin!"

Cyprus is one of the best countries in the world for solar Crypto mining

Attractive low tax rates for Crypto traders
Bitcoin mining and Bitcoin self custody are legal in Cyprus
The number of restaurants, cafe's and small businesses accepting BTC are growing

Average daily sunshine hours for off-grid solar mining of Bitcoin and other crypto currencies:

January, 6 hour
February, 7 hours
March, 8 hours
April, 9 hours
May, 11 hours
June, 13 hours
July, 13 hours
August, 12 hours
September, 11 hours
October, 10 hours
November, 7 hours
December, 6 hours

How To Start Solar Mining Crypto In Cyprus

Install a solar off-grid system
Obtain some mining machines
Start mining Bitcoin at zero electricity cost with SOLAR
Store your Bitcoin in cold storage

Recommended Cold Storage Bitcoin Wallet For Cyprus

Trezor cold storage Bitcoin wallets are one of the best and easily available to Cyprus from Amazon De.

For more information on how to get started with off-grid solar mining DePIN (Decentralised Physical Infrastructure Networks) alt-coins and Bitcoin in Cyprus, contact the Bitcoin electrician in Cyprus. Private consultations from 150 Euros (€50 discount if paid in BTC). WhatsApp 94449354, Email [email protected]