Should I get an Antminer L7 9050

Hi all. I am thinking of buying an L7 9050 as a first miner. Is it a good purchase or I should wait?
What is my plan - I want to get the L7 and start with it. If everything is good I want to get an S19 XP which will be powered by a solar panel for free electricity. Currently my electricity cost is 0.13 kW/h USD.
And later expand the solar panel for the L7 as well.
What do you think guys? Should I invest in these machines?

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$0.13/kWh is tough. If the market goes nuts your golden, but anything else and it’ll take a while to ROI.

You’d also need quite a few solar panels to run a single miner. Maybe explore hosting options?

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Would love to know how much solar you have, do you have solar feed in tariffs? If so, would you have enough credit to run the L7 24/7? Or enough to bring your bill down to equivalent of 5c/kw for example? If so then you’re in a good position to get a L7 :slight_smile:

For example my house has 8kw of solar and produces 12MW of power per year. I have shit solar feed in tariffs but I had 13c feed in/buy price (assuming that’s what you have) a 9050mh model uses 28.5MW per year, I would still need to buy 16.5MW of power, and as you said it’s $130/MW so you’d have a bill of $2,145. Assuming this is at your house you should also consider your home electric needs, if you use 5MW a year for general power (as an example) consider that as well, you’d have a bill of $2800 combined. Perhaps you have a ton of solar credits banked up ready to use and it wont matter, but if you provide more context it could help us brainstorm and give better ideas

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Honestly, Mesa, I would start smaller. Something like a box miner or something simple, before you go in on the big boys.

Regarding the power from the solars. I got 5000W guaranteed everyday and they are only for the machines. That’s why I plan an L7 and S19 XP. If the sun can’t generate full power then I use the normal electricity at 0.13 kwH.

About other machines I ordered Jasminer J4-Q-Z and it’s arriving this friday. I bought it just to see if it works and I’ll use it at home bevause it’s not so loud.