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RE: Is a Solar Powered Mining Rig The Wave Of The Future?
Solar powered mining could only get profitable when photovoltaic cells drop drastically in price. This will eventually happen when more people invest in solar energy which improves the competition of technological advances.
The cost per watt for panels has come down significantly and will continue to do so. Panels are relatively cheap but what is expensive is the "balance of system" electrical equip.(inverters/batteries/charge controllers, etc.) and installation labor.