Is it economical to mine bitcoin in the US sunbelt?

[JOE]

....such as Arizona, Nevada or Southern California?

This idea occurred to me when these places actually generate enough sunlight daily to power a small house or trailer using solar power.

So why not just get a small shack somewhere and hook up a dedicated computer to mine bitcoin for you?

No sense in shelling out $38,000 usd to buy a single bitcoin when you can potentially make one yourself is there?

What say you folks?

Has anyone here tried to mine bitcoin?

Is this idea viable?

Why not just buy a cheap piece of land in the desert and mine yer own bitcoins using solar power?

What are the downside of this idea?

Discuss

[DKG]

Why don't you move there, try it and report your findings to us. If it takes a few years, we will wait.

[Frood]

SlohomoJoe starts these sort of threads at various forums...

They're all devoid of logic.

In this instance, he doesn't understand the cost of energy vs PV and other green tech.

It would be hard to read if it wasn't so hilariously ridiculous.

[Oerdin]

California has the highest electricity rates in the country.  So, no.

[DKG]

SlohomoJoe starts these sort of threads at various forums...

They're all devoid of logic.

In this instance, he doesn't understand the cost of energy vs PV and other green tech.

It would be hard to read if it wasn't so hilariously ridiculous.

He does it for attention.

[Adolf Oliver Bush]

He does it for attention.

Right, but he could get that by slathering his naked body in PBJ and climbing into the baboon enclosure at his local zoo.

[Lokmar]

I mined Litecoin back in the day. I kept my coin in a wallet instead of leaving it in the pool account. The people running the  pool I was part of absconded with shitloads of coins a few months  after I left. I think I had a whopping 30 ish coins when I left.

Now, its not profitable to do with video cards. You'd have to buy ASIC mining cards and a bunch of them plus join a mining pool to make anything.

If you wanted to mine whatever bitcoin is left out there, you'd spend about as much or more than you'd make. The real money was already made by the people everyone said were idiots that bought up all the coins in the early days when they were cheap and never even bothered mining them ITFP.