How Much Will a Solar-Powered Bitcoin Mining Rig Cost Me?

The price of the Bitcoin mining equipment itself varies a lot. The price range for a rig could be between $1,000 and $10,000.The size of the system you install and your location on the planet also affect how much solar panel will cost.

In the U.S. for example these are the average costs you can expect for solar panels:

SYSTEM SIZE	AVERAGE SOLAR PANEL SYSTEM COST (BEFORE TAX CREDITS)	AVERAGE SOLAR PANEL SYSTEM COST (AFTER TAX CREDITS)
2 kW	$5,620	$4,159
3 kW	$8,430	$6,238
4 kW	$11,240	$8,318
5 kW	$14,050	$10,397
6 kW	$16,860	$12,476
7 kW	$19,670	$14,556
8 kW	$22,480	$16,635
9 kW	$25,290	$18,715
10 kW	$28,100	$20,794
12 kW	$33,720	$24,953
15 kW	$42,150	$31,191
20 kW	$56,200	$41,588
25 kW	$70,250	$51,985

The Expected Cost of a Solar-Powered Bitcoin Mining Setup
The price largely depends on the type of mining rigs you have, the number you intend to use, and the number of peak sun hours your area receives.
If you used the Antminer S19 Pro and lived in California, you would require a 15kW solar power system to produce enough electricity to balance out the electricity used by your Bitcoin mining equipment.
A 15kW solar system costs, on average, $31,191 after tax incentives, as shown in the table above.
$31,191 + $3,500 = $34,691 for a solar-powered bitcoin mining rig.
Although it is obvious that the solar system is the most expensive option in this scenario, consider how much you would have to pay for electricity if the solar panels weren’t there.
You would spend about $290 a month on electricity alone if you used the Antminer S19. (Given the average cost of electricity in the United States, some states pay more than others.)
$0,13 x 2,232 = $290