Do I qualify for Electric Vehicle Rebate Sacramento San Joaquin, Eldorado Hills Placer County

Fill out the form below to see if you qualify for any local incentives.

Rebates

 

What’s it going to cost?

Charging Station Rebate used to install
Charging Station Installation

Everyone wants to know the cost upfront, bit to get the RIGHT answer you’ll need to do a property evaluation.  Even in the worst case scenarios, property owners are still in the positive and those profits will eventually grow as the consumer market changes.

Here’s a standard scenario to give you some idea of what costs are involved.

Charging stations- The average charging station will cost you around $1,300 to $1,500 with higher rates for fleet or heavy industrial stations.   Currently, there are rebates ranging from $1,500 to $2,500 per port installed.  Every county, state, and municipality offers its own incentives.  Programs for multi-family dwellings are different from pure commercial or industrial, but in most cases these cover the cost of the charging stations.

Installation-  This will be where an electrical contractor will survey your property and develop program and install.  In many cases these costs are manageable out of pocket but is dependent on what is found in the survey. Larger projects have access to federal and state incentive loans.   The state of California has an aggressively catered loan with cash pay outs when combined with the installation can greatly reduce the cost of the investment.

The bottom line-  To get the right answer you will need to have us come out, survey the site, ascertain the needs of your property, and determine what rebates, tax credits, and incentive programs you qualify for.

To coordinate many of the cost we can coordinate you with financing specialists listed in the Deeper Dive links below.

Do I qualify for rebates?

Get a Quote Now!


Deeper Dive

Financing Options

https://www.quora.com/How-do-electric-car-charging-stations-make-money

https://www.smud.org/en/Going-Green/Electric-Vehicles/Business

https://www.treasurer.ca.gov/cpcfa/calcap/evcs/index.asp

Is my property ready for EV?

Sercive Agreement
Electrical Contractor Service Agreement

Most properties will require some limited work to upgrade parking spaces into EV.  Building permits will vary  depending on your location and your type of property. If you have an older property you might need to upgrade some of the electrical conduits and power buses.  Getting up to code is the first step in installing new systems. Location can have a huge affect on the type of charger, if you are trying to develop traffic to your location or create incentives for your current residents or clients.

Do I qualify for any REBATES?

What kind of charging station do I need?

What are the costs?

Get a Quote Now!


A Deeper Dive

Standard Guidelines

Do you qualify for rebates? 

Not all properties will qualify for the same rebates and incentives. We can help you figure out which programs your property matches up to. Fill out the form below and a representative will contact your shortly.

Rebates

What kind of charging stations are there?

Charging stations are usually chosen based on what your properties needs are.  They come in three basic configurations that are relevant to most business; All purpose, fleet, and fast charge. The actual charging unit can be mounted on a wall or built into freestanding units.  Some will have outer casings similar to the gas station pumps, but they will all be made of similar mechanical components.

All-purpose chargers are the most common seen in malls, shopping centers, and parking structure.  Great for community or small businesses.

Fleet chargers are usually set up for a slower charge for vehicles that set over night, taking advantage of off hour power use.

Fast Chargers are primarily for properties or businesses that cater to EV clients.   These are best when near commuter corridors or metropolitan areas where over night charging might not be readily available.

Do you qualify for rebates?                     Is my property ready for EV?

What are the challenges to installation?

Cost of installation
EV will eventually overtake gas

What are the challenges to installation?

Every property is unique and will have its own challenges that can vary based on zoning, power bus access, load bearing capacity of the current infrastructure, and even landscaping issues. In many cases infrastructure issues and systems that aren’t up to code, and need to be addressed. Current statistics show that between 2007 and 2016 there were 7,100 non-residential fires in the US with a total loss of $207,800,000 all from electrical malfunction.  We have a through inspection process that will keep you  from becoming another statistic.

Trouble can be avoided by having an experienced electrical engineer evaluate and create a proper plan of action.  Shortcuts and bad choices can create disasters and ongoing expenses. Our engineering staff is the best in Sacramento, with many high-end modern structures under our belts. There’s no way to know without a professional walking the site and making an evaluation.

 

See if you qualify for REBATES

What kind of Charging Stations do I  need?

Get a Quote Now!


Deeper Dive

Read the Statistics from FEMA

Charging Stations in Sacramento Create Income

Charging Vehicle in Sacramento
Electric Vehicle in Sacramento

You can’t be caught like a deer in the EV headlights.  As Sacramento transitions into a higher percentage of electric vehicles consumers will be searching for convenient charging.  This is not a cost of doing business but a form of revenue if you set it up correctly.  Depending on your property location, specific needs, and infrastructure on site, you can turn an empty parking spot into a hundreds of dollars a week in income.

Some charging stations allow a membership that will electronically charge your card when you key in  an activation code.  Others have hourly rates that can take a credit card.  Some charging stations can be placed in premium rental spots that can be collected by increased rental agreements.

What are the prices of Charging stations?  

What kind of charging station do I need?

Get a Quote Now!

 

 

Crypto Currency and Marijuana are changing the landscape of business in Sacramento

A new type of Currency: Crypto-Currency

Cannabis and Business in Sacramento

As the sun rose over the mud hut homes of our ancient ancestors’ goods were traded.  Cows for grains, tools for drinks.  When there was more trading than a single person could account for they created writing, then math.  Today the sun still rises over a bright future of commerce, and in California it has never been so historic.

A crop that predates written history is making its resurgence right along side a new form of conceptual currency.  The future and the past are married in new economic opportunities for business owners and entrepreneurs on the west coast.  Legalized cannabis as a cash crop and cryptocurrency mining are two of the hottest trends for new and old businesses alike and the two make a good team up.

With the walls of regulation falling down cannabis is opening to smart businesses.  With local dispensaries always looking for well marketed products to sell small independent growers create unique breeds and blends mirroring the success of the microbrewery trends in the early 2000’s.  Proven market and a similar demographic create a map to success.

Small urban farms can focus on quality grow, and premium content, not on mass production. Utilizing the same business instincts and the local brew house, businesses can hybrid brands with existing intellectual properties.   Cannabis isn’t the only emerging business.

Bitcoin and Marijuana as a business model

Cryptocurrency has rocked the world with its fast gains and magical success.   The truth of the matter is that even though it wont skyrocket anytime soon that its ever increasing stability and encroachment into standard markets marks it as the newest edge on business.  Cryptomining is the turnkey for new entrepreneurs.

Cryptomines, privately owned data centers that focus on earning coins, can’t be built anywhere.  Efficient power, air and temperature control, and alternative energy access need to be in place if a mine is going to profit.   One of the best places to build a mine, interestingly, is near or attached to an Urban Farm.  Both would share initial investments in alternative power, air conditioning, power load adaptation.  Cryptomines generate a lot of heat that can vent into the farm, they use water cooled systems that can be bypasses from hydroponic pools, and both can benefit from water harvesting.

The sun never sets on business, from the mud huts and clay tablets, to the modern cryptomines and cannabis farms, there is always a place for trend setting, smart, entrepreneurs.  We are more than commercial electricians we install the future.

Water Harvesting

The total amount of water that is received in the form of rainfall over an area is called the rainwater endowment of the area. Out of this, the amount that can be effectively harvested is called the water harvesting potential.

Water harvesting potential = Rainfall (mm) x Collection efficiency

The collection efficiency accounts for the fact that all the rainwater falling over an area cannot be effectively harvested, because of evaporation, spillage etc. Factors like runoff coefficient and the first-flush wastage are taken into account when estimated the collection efficiency.

The following is an illustrative theoretical calculation that highlights the enormous potential for water harvesting. The same procedure can be applied to get the potential for any plot of land or rooftop area, using rainfall data for that area..

Consider your own building with a flat terrace area of 100 sq m. Assume the average annual rainfall in your area is approximately 600 mm (24 inches). In simple terms, this means that if the terrace floor is assumed to be impermeable, and all the rain that falls on it is retained without evaporation, then, in one year, there will be rainwater on the terrace floor to a height of 600 mm.

  1. Area of plot = 100 sq. m. (120 square yards)
  2. Height of the rainfall = 0.6 m (600 mm or 24 inches)
  3. Volume of rainfall over the plot = Area of plot x height of rainfall
  4. Assuming that only 60 per cent of the total rainfall is effectively harvested
  5. Volume of water harvested = 36,000 litres (60,000 litres x 0.6)

This volume is about twice the annual drinking water requirement of a 5-member family. The average daily drinking water requirement per person is 10 liters.

 

From http://www.rainwaterharvesting.org/whatiswh.htm

Hydroponics

Hydroponics WorkshopHydroponics is a subset of hydroculture, the method of growing plants without soil, using mineral nutrient solutions in a water solvent. Terrestrial plants may be grown with only their roots exposed to the mineral solution, or the roots may be supported by an inert medium, such as perlite or gravel. The nutrients in hydroponics can come from an array of different sources; these can include but are not limited to byproduct from fish waste, duck manure, or commercial fertilisers.

Cannabis Breeds

Cannabis strains are either pure or hybrid varieties of the plant genus Cannabis, which encompasses the species C. sativa, C. indica and C. ruderalis.Cannabis Leaf

Varieties are developed to intensify specific characteristics of the plant, or to differentiate the strain for the purposes of marketing or to make it more effective as a drug. Variety names are typically chosen by their growers, and often reflect properties of the plant such as taste, color, smell, or the origin of the variety. Cannabis strains commonly refer to those varieties with recreational and medicinal use. These varieties have been cultivated to contain a high percentage of cannabinoids. Several varieties of Cannabis, known as hemp, have a very low cannabinoid content, and are instead grown for their fiber and seed.

Cannabis Indoor Farm

Indoor Cannabis FarmCannabis can be grown indoors in a soil-like medium under artificial light, adding fertilizer when the plants are given water. Cultivating cannabis indoors is more complicated and expensive than growing outdoors, but it allows the cultivator complete control over the growing environment. Plants of any type can be grown faster indoors than out due to 24-hour light, additional atmospheric CO2, and controlled humidity which allows freer CO2 respiration.

Plants can also be grown indoors through the use of hydroponics.

To grow plants indoors, a growing medium (e.g. soil or growing substrate), water, nutrients, light and air need to be supplied to the plant (with the exception of aeroponic cultivation, in which case a growing medium is not required)

Cryptocurrency as Capital

Cryptocurrency and Investment

Crypto-Currency Market Sales

Cannabis is the new frontier of entrepreneurship.  Like all explorations there are innate dangers.  In the case of urban farms investors are the only options.  Banks shy away as Federal Law causes excessive complications.  The only answer is Angel Investors, those who put their own personal money on the line.

Cash commerce isn’t the only way to go.  In some situations, there are investors and buyers who want to keep anonymity in their dealings.  Whatever their reason, cryptocurrency allows for the transfer of funds and anonymity.

No two products have every matched up so well.   Together with our partners at Cannafornia Construction and Consulting, we can assist with everything from efficient grow-op design, to conceptual and schematic engineering services, overseeing various permitting processes, and retrofitting or building your ground-up operation.

Find out how to get started with your own cryptocurrency mine.

Learn more about alternative energy solutions.

 

Deeper Diver

Check out this new type of investor organization

If you want to learn more about cryptomines

Hydroponics for Cryptocurrency Mines and Cannabis Farms

Hydro Efficiency Between Farm and Mine.

Using a Hydroponic System to farm Crypto-Currency.

Other unique systems involve integration with irrigation or hydroponic systems to regulate water temperature and keep the miners cool. Both aforementioned cryptocurrency applications reduce overhead as the gains in mining can offset energy costs.

California has relaxed water harvesting laws allowing for reduced cost of water intake. Depending on your property you might be able to replace up to 60% of your water needs.

Hydroponics vs Soil; The Dirty Facts

Hydroponics is hardly new technology.  The concept has been around since the middle ages, but recently with water pump efficiency, solid understanding of nutrient mixtures, and better solar and power options, hydroponics has become a powerful option to soil.

In situations where there is limited space or raw acreage, smaller areas can easily use vertical space to multiply the crop yields.  It takes less manpower, gives greater control of expenditures and costs, and when combined with water harvesting or recycling creates a boon for public relations.

Cryptocurrency in the Cannabis World               Get an Evaluation

Deeper Dive

Hydroponics video

Water Harvesting regulations

Solar as the Solution for Urban Farms.

Examining Solar Panel Efficiency.Solar system installations, with rebates, and subsidy, can reduce the residual costs of operating an urban industrial farm. As California moves towards Grid Parity, the price of solar is now comparable to that of fossil fuels.  Combined with discounted set ups from state and local districts, the cost of the system is absorbed by the annual savings.  The challenge is to find a property that has good solar coverage and strong power capacity.

We typically see systems roof mounted, but depending on the location and available space panels can be placed in a variety of space efficient, and sun facing surfaces.  Solar isn’t an option anymore its now a solution.

Returning power to the grid can, not only reduce your cost, but have the power company paying you.  In many industrial situations, the amount of solar coverage can be profitable.   All properties will have different solar coverage and power load restraints.

Learn more about Hydroponics and Water Harvesting

Let us help you get started with setting up your own cryptocurrency mine

Deeper Dive

Find out the importance of Grid Parity

Check on what local rebates you can qualify for

Cut costs on your business! Find out if Solar is right for yours.

How Much Power Does it Take to Grow Cannabis in Sacramento?

Electric infra-structure warehouse.

Commercial cannabis operations have minimum energy supply infrastructure needs of 4000 amps, which rival small factories and industrial operations. These infrastructure upgrades are quite costly, as are the monthly utility bills.

These costs have been a mounting concern within the cannabis industry as energy expenditure has quickly become the most significant source of overhead within the world of cultivation. Additionally, energy rates from Investor Owned Utilities, like Pacific Gas & Electric, San Diego Gas & Electric, and Southern California Edison, have rates that increase on nearly a yearly basis.

To make matters worse, contemplated California Legislation would require cannabis cultivators to offset a minimum of 42% of energy consumption with renewable energy. While this would assist in lowering monthly utility costs, and generally be better for the environment, the upfront capital cost of these infrastructure upgrades would squeeze small and mid-size operations.  Fortunately, there are ways to work within and around these problems.

View Solar Power as a Solution

Learn more about Hydroponics and Water Harvesting

 

A Deeper Dive

Check up on your local power rates

Make sure you understand the proposed regulations to growing your own

Overcoming Challenges to Current Cannabis Farms

Property Evaluation

Open room with no lights.

The first hurdle to overcome is power at the site. Not all properties can handle the power load, and those that can may not be up to code. Each property has its own unique circumstances and requires an evaluation focused on the end goal. In the case of a grow-house, with electric power being the largest regular investment, alternative power sources, heating and pumping are usually needed. Water is also a difficult challenge to some properties and its costs can be off set by water harvesting in some cases.

Finding the right location is more than just power. State and local governments have a series of rules and regulations that must be maintained when growing controlled crops. Specific security and safety requirements must be recognized in the selection of an area. Water availability, use, and Sacramento City regulations, are all issues that arise from the location and age of the structure. Absolut and  Cannafornia Construction and Consulting are up to date on all permits and regulations that must be filed and we’re here to advise you on current or potential properties.

To get a better understanding on new capital and resource exchanges

Find out how to get started with your own cryptocurrency mine.

A Deeper Dive

Do you know your local regulations on growing your own cannabis?

High Times and Business in Sacramento

Increase in crypto-currency around Cannabis market climbing.Many businesses are looking into the development of cryptomining. This new industry has been very profitable for up-and-comers trying to ride the wave of technology. As bitcoin and similar currency begin to reshape the world a new partner to this business is walking in right beside.

Legalized marijuana is a year-round cash crop with demand for specialized breeds. With increased need for CBD oils the plant is quickly becoming a booming industry. It sits precariously between Federal and State regulations creating unique challenges to investors. Cryptocurrency, and legalized cannabis are natural business partners as they share many of the same investor and buyer demographics. It’s more than whose buying and whose investing.

Bitcoin mining needs power supplementation, heat exchange, and mechanical cooling. Cannabis, needs power supplementation, temperature regulation, and hydro mechanical systems. Peas in a pod.

During the cold season mining operations vent warm air and in the summer both can share climate control with limited air conditioning and water-cooling evaporators. Additionally, cannabis operations and distributors use cryptocurrency when federal backing is not available.

See how to overcome the challenges of cannabis farming

Want a better idea on how much power it takes to grow your own?

Mining, Cryptomining

Mining Rig
Mining Rig

Mining is the term used to describe the process of extracting cryptocurrency tokens from a blockchain network. This involves having computers continuously run a hashing algorithm, which takes an arbitrarily large amount of information and condenses it to a string of letters and numbers of a fixed length. The hashing algorithm hashes metadata from the most recent block using something called a nonce: a binary number that produces a unique hash value. For each new block in the blockchain, the network sets a target hash value and all the miners on the network try to guess the nonce that will result in that value.

See what it would look like with this mining simulator

 

 

Deeper Dive

The first Bitcoin miner was Satoshi Nakamoto.  In 2009 he mined the first block, block 0, and earned 50 coins.   By 2011 it started to enter main stream conversations and by 2014 large online retailers started to accept it.  Today it is becoming the next step in online secure transactions.

There are several different coins that can be mined.  We mostly talk about BitCoin as it was the first and most well known.  There are currently over 1500 coins to choose from.

To view a list of the various cryptocurrency

 

 

 

When you need to power the future….

Start Cryptomining
Getting Started

This is where the future of your business starts.  Cutting edge income earning will give you the advantage over your competitors.

The first thing you are going to want to do is give us a call and schedule a meeting at the site that you want to build the mine.  We’ll evaluate the locations power availability and determine what additional engineering or supplementation works with that site.

If you don’t have a location we can help with that too.We have taken the time to scout out a few potential mines in the Sacramento area. We also have a few commercial real estate agents that work with us looking for new locations. Contact us now or give us a call.  We are more than commercial electricians, we are powering the future!

CALL NOW TO SEE IF YOUR PROPERTY OR BUSINESS IS READY TO POWER!

(916) 572-0851

 

What software do I need to mine Bitcoin?

Crytpocurrency mining
Mining Cryptocurrency

When you buy a mining rig it is designed to do one thing and one thing only.  Its made to run hard, and run fast, an algorithm.  Each coin has its own mining software that is easy to install, but you might need someone familiar with computers to troubleshoot any networking issues.  The software is free and easy to install. Most contractors will build the mining rigs based on your power supply, cooling ability and the type of coin you want to mine.

What do I need to do to get started?

Deeper Dive

Applications would be installed on a mining rig.  Powers supply and economy determine hash rate. Most are open source and free, though you might need a professional to install them.  Mining software is different than your basic wallet.   Here are some links to help you find the right programs to use to mine cryptocurrency.

Main page: Mining software

  • BFGMiner – Modular ASIC/FPGA/GPU miner in C
  • Bitcoin Miner by GroupFabric – Free easy-to-use DirectX GPU miner on the Windows Store
  • CGMiner – ASIC/FPGA/GPU miner in C
  • MacMiner – A native Mac OS X Bitcoin miner based on cgminer, bfgminer, cpuminer and poclbm
  • Asteroid – Mac-specific GUI based on cgminer
  • MultiMiner – GUI based on cgminer/bfgminer for Windows, OS X and Linux, allows switching between currencies based on profitability

Do I need a mining pool?

Mining pool
Lost in a mining pool

The amount of calculations needed to earn a single Bitcoin are immense.  The best way to hedge your bets is to get to a mining pool.  These are organizations that allow you to share the workload for small fee and increase the likelihood of return.   There are several out there each one with its own advantages.  If you are going to make profit you will need to be in a mining pool.  Each crytpocurrency has its own variations  on how their mining is set up.

What’s the next step?

 

 

Deeper Dive

Mining pools have been around since the dawn of crytpomining, even before there were application specific rigs and business ventures based around the idea.  Challenges in mining pools arise around cheating the miners out of coin. Several different methods to pooled mining have been created.

Pooled mining is a mining approach where multiple generating clients contribute to the generation of a block, and then split the block reward according the contributed processing power. Pooled mining effectively reduces the granularity of the block generation reward, spreading it out more smoothly over time.

The slush approach

Bitcoin Pooled Mining (BPM), sometimes referred to as “slush’s pool”, follows a score-based method. Older shares (from beginning of the round) have lower weight than more recent shares, which reduces the motivation to cheat by switching between pools within a round.

The Pay-per-Share approach

The Pay-per-Share (PPS) approach, first described by BitPenny, is to offer an instant flat payout for each share that is solved. The payout is offered from the pool’s existing balance and can therefore be withdrawn immediately, without waiting for a block to be solved or confirmed. The possibility of cheating the miners by the pool operator and by timing attacks is thus completely eliminated.

This method results in the least possible variance for miners while transferring all risk to the pool operator. The resulting possibility of loss for the server is offset by setting a payout lower than the full expected value.

The Full Pay-per-Share approach

The Full Pay-per-Share (FPPS) approach, created by BTC.com team, aims to benefit miners from the high transaction fee. It will calculate a standard transaction fee within a certain period,add it into the block rewards (12.5 BTC every block for now) and then distribute the whole to miners according to PPS mode.

This method keeps advantages of PPS and pay more to miners by sharing some of the transaction fees.

Luke-Jr’s approach (“Eligius”)

Luke came up with a third approach borrowing strengths from the earlier two. Like slush’s approach, miners submit proofs-of-work to earn shares. Like puddinpop’s approach, the pool pays out immediately via block generation. When distributing block rewards, it is divided equally among all shares since the last valid block. Unlike any preexisting pool approach, this means that the shares contributed toward stale blocks are recycled into the next block’s shares. In order to spare participating miners from transaction fees, rewards are only paid out if a miner has earned at least 0.67108864 BTC (400 TBC). If the amount owed is less, it will be added to the earnings of a later block (which may then total over the threshold amount). If a miner does not submit a share for over a week, the pool sends any balance remaining, regardless of its size.

P2Pool approach

P2Pool mining nodes work on a chain of shares similar to Bitcoin’s blockchain. When a block is found, the reward is divided among the most recent shares in this share-blockchain. Like the puddinpop and Luke-Jr approaches, p2pool pays via generation.

Comparison

The cooperative mining approach (slush and Luke-Jr) uses a lot less resources on the pool server, since rather than continuously checking metahashes, all that has to be checked is the validity of submitted shares. The number of shares sent can be adjusted by adjusting the artificial difficulty level.

Further, the cooperative mining approach allows the clients to use existing miners without any modification, while the puddinpop approach requires the custom pool miner, which are as of now not as efficient on GPU mining as the existing GPU miners.

Puddinpop miners receive coins directly.

Additionally, the puddinpop and Luke-Jr approaches of distributing the earnings by way of including precise sub-cent amounts in the generation transaction for the participants, results in the presence of sub-cent bitcoin amounts in your wallet, which are liable to disappear (as unnecessary fees) later due to a bug in old (before 0.3.21) bitcoin nodes. (E.g., if you have a transaction with 0.052 in your wallet, and you later send .05 to someone, your .002 will disappear.).

Puddinpop and Luke-Jr miners receive coins directly, which eliminates the delay in receiving earnings that is required on slush-based mining servers. However, using some eWallet services for generated coin will cause those coins to be lost.

What is the cost of running a mine?

cost of cryptomining
cost of cyrptomining

To make any reliable money or to make a mine profitable, you have a few elements in place.   Processors run hot and they use a lot of electricity.  They need space to operate in and that area must be cooled to keep them working well.  The first thing you need to build a cryptocurrency mine is space.   You will need to keep that space cool and it will need to have the ability to channel in a good amount of electricity.  The software is free and building the racks aren’t your biggest cost, its always power.

How do you find a space?

Its hard to know if a space can do everything you will need it to do.  If you already have a property you’re going to need to find an Electrical Engineer or contractor to look and see if it has sufficient power. Not every space is going to work.  If it doesn’t have the right power requirements, you’ll have install or supplement it.

Power rate and power consumption are the next hurdles to cross.  Bitcoin mining or cryptocurrency mining in the Sacramento area is defined by SMUD’s current power rate.  California’s power rate is high compared to other states (average of $ 0.15 ) , but our alternative energy initiatives, tax credits, and local rebates can more than compensate.  Depending on the location of the mine, solar supplementation, or wind power, will dramatically change the prospecting costs.

What is a Mining Pool?                  What kind of software do I need?

Deeper Dive

Local power rate is the center of the build.  Knowing the general rate will allow your contractor to choose the most efficient mining rig and supplemental power sources.   You can see what the local Sacramento electrical rate is at https://www.smud.org/en/Rate-Information/Business-Rates

Local incentives will vary with your energy provider but you can check online to see if there are rebate or programs:

SMUD Programs

Database that has Tax incentive and Tax Credits

 

 

What is mining, or bitcoin farming, and how can it be used to make money?

Bitcoin Mining

The first thing that you must accept is that profits come from wise investments.  Building a bitcoin or crypto currency mine takes investment and is not a backyard gold mine.

The simplest answer to what it is:

It is a series of specialized processors that are trying to guess a very specific number called a Hash Rate.  There is heavy competition, but when you get it right, you earn coins to your account.  The more processors you have working at guessing the greater your chance to win.

This is the very bare bones explanation, but the more often you can guess the greater your chance to win.  A mine is when you have several processors guessing.  A successful or profitable mine is when they can make more than their overhead.

How much overhead does it take?

How to Build a Bitcoin Mine…

There is an excitement when anyone talks about the mystery of Bitcoin and cryptomining.  Its not easy to understand and harder to explain. Here you’ll find an easy to understand description for business owners to evaluate its value.  Each page will have simple explanations with a “Deeper Dive” for those who need more information.

Profitable cryptocurrency mining, BitCoin mining,  farming, it has several names, isn’t something that can be done in the garage. The space you would need to make it work would quickly exceed a home or small workshop. Business and property owners can maximize their current situations to develop this new revenue.

Yuriy Fox is a local Sacramento Commercial Electrician who wants to share his passions about Blockchain, cryptocurrency with everyone.  Enjoy this no nonesense eplanation. Whether your a business or just curious about the whole thing this will be an informative read.  Start by clicking one the the links below:

To learn more on what bitcoin mining is

Get a better idea of what the cost for owning your own mine is

Make sure you have the right software to get your setup going.

Blockchain

Blockchan
Blockchain and Bitcoin

Blockchain is a new way of sharing information that is extremely resistant to hacking. It may be the future of information exchange, but currently, it is mostly associated with bitcoin and cryptocurrency.  Its similar to the way windows manages programs on your computer, but this manages blocks of data.  It is a very complex, very secure, ledger, that keeps track of all transactions and will not allow alterations.

 

Deeper Dive

Bitcoin was created and Blockchain was pulled from its substructure. That is to say the chicken came before the egg in this case.  The effective secure structure of the original Bitcoin programming was so remarkable that it eventually became its own program. With the addition of the “Smart Contract” it sealed the future of commercial transactions and Blockchain.

You read from the Harvard Business Review its “History of Blockchain”: https://hbr.org/2017/02/a-brief-history-of-blockchain

 

 

Cryptocurrency

Cryptocurrency
Cryptocurrency exchange to dollar rate

What is a Cryptocurrency?

This is two words bashed together, the first is Crypto, from the word cryptography.  We use it in the word in encrypted. In the easiest terms, its a secret way of writing using math or patterns to keep a message safe. Currency is a system of money. Cryptocurrency uses some pretty heavy computer math to keep it secure and to generate new value.

A Deeper Dive

Cryptocurrency is a digital/virtual currency that uses decentralized control as opposition to electronic money and the central banking system. Every different cryptocurrency’s decentralized control works through a blockchain.  Blockchain is a new way of sharing information across a public database.

 

Bitcoin was the first decentralized cryptocurrency to enter the market in 2009. There are now over 1500 altcoins and growing such as Litecoin and Ethereum.

 

As cryptocurrencies increase in popularity, more miners join the network. This makes it harder for individuals to mine for cryptocurrencies. One solution that miners have come up with is to work together in mining pools.

Find out what it costs to run a mine.

For an in-depth look into cryptocurrencies

Hash Rate

Bitcoin Hash Rate
Bitcoin mining rig

Hash Rate – A Hash is the mathematical problem the miner’s computer needs to solve. The Hash Rate is the rate at which these problems are being solved. The more miners that join the Bitcoin network, the higher the network Hash Rate is. The Hash Rate can also refer to your miner’s performance.

Today, Bitcoin miners come with different Hash Rates. Miners’ performance is measured in MH/s (Mega hash per second), GH/s (Giga hash per second), TH/s (Terra hash per second) and even PH/s (Peta hash per second).

 

Deeper Dive

A hash algorithm turns an arbitrarily-large amount of data into a fixed-length hash. The same hash will always result from the same data, but modifying the data by even one bit will completely change the hash. Like all computer data, hashes are large numbers and are usually written as hexadecimal.

Bitccoin uses the SHA-256 hash algorithm to generate verifiably “random” numbers in a way that requires a predictable amount of CPU effort. Generating a SHA-256 hash with a value less than the current target solves a block and wins you some coins. Each coin uses different software to achieve similar goals.

This is the specific Algorithm used by Bitcoin: https://en.wikipedia.org/wiki/SHA-2

 

 

Best Bet for Sacramento Electrical Contractor?

What’s the safest bet in choosing an Electrical Engineering company in California

First off don’t bet.  Electrical system is fundamental to the ongoing use of a property and it starts with a good plan.  Bad engineering can cause safety issue, fires, and reduce the versatility of your property.  You don’t want the goal to be simply pass code, but to be ready for the next 20 years of innovation and regulation.

The right guy for the job a

Building a good structure starts with choosing the right team.   It’s easy to go for the lowest bid but electrical design and planning is the last place to cut corners.  A good Engineering company focuses its design and planning to be both safe and functional.  They should be experienced in working with a wide variety of contractors to get projects done on schedule.

Know your business

You can’t plan out a single line unless you know what is allowed and where.  An engineer that that takes initiative on permits, with a knowledge of city regulations and ordinances is important.

Don’t take chances, hire the best.

 

 

 

LED Lighting

LED Lighting SacramentoLED Lighting

In recent years, Light Emitting Diodes (LEDs) have taken the lighting industry by storm. Simply put, an LED is semiconductor chip that releases energy in the form of light. LEDs are used in all types of lighting, including home and office recessed ceiling lights, parking lot lighting, cabinet lighting, landscape lighting and more. LED lighting can be used to retrofit old incandescent or fluorescent lighting in the  form of bulbs, ballasts and replacement fixtures. LED has many advantages over traditional lighting, including:

 

  • LEDs last up to 35x longer than incandescent lights and almost 4x longer than fluorescents
  • LEDs produce more light per watt than incandescents
  • LEDs light up instantly and many are dimmable
  • LEDs waste very little energy because most of the light can be directed where needed
  • LEDs contain no hazardous mercury
  • LEDs don’t shatter the way delicate traditional bulbs can
  • LEDs are environmentally friendly

 

For more details on the pros and cons of various lightings

To find out how using LED lighting can save you money

Going Green in Sacramento

Going Green in Sacramento. Progressive ways to change your business energy footprint.

To be a Progressive property manager in Sacramento means you’re going green.  Hiring a local Sacramento electrician to update your property to current standards isn’t just good for PR safety, but it can save money.  A typical parking lot can reduce its energy costs by up to 70% with minimal investment.
Old metal halide and High pressure sodium are expensive to maintain compared to LED fixtures.   We offer a comprehensive LED Lighting Sacramentoreview of your property to re-engineer it for safety and savings.
We use CAL Lighting fixtures who Reps over 120 manufacturers from the Oregon border to Bakersfield and western Nevada
High Lumen per watt output –  up to160 lumen/watt
3000K, 4000K & 5000K – lifetime consistent luminosity
Universal driver with 100-277VAC auto switching
0-10V dimming and 480VAC
Multiple  mounting configurations
High quality and reliable, Cooper Lighting, CREE, OSRAM Sylvania LEDs and Drivers.
UL, ETL Listed and DLC Premium Listed – meets all the high performance standards
5 to 10 year warranty
IP65 rated

CALL NOW to find out if your business structure can be upgraded.
Absolut Electric, Your Sacramento Parking Lot Light Specialists.

(916) 572-0851

EV Chargers

EV Chargers

What You Need to Know About DC Fast Charging

With the rapidly-growing battery sizes of electric vehicles, level 3 DC fast chargers are quickly becoming the standard for commercial charging applications. Here’s what you need to know about DC fast chargers so you can educate customers and installation partners:

  • 25kW stations will provide ~100 miles of range for every hour of charge. 50kW stations will provide about twice that.
  • Prices range from $7,500 for a 25kw single connector charger to $35,000 for 50kW dual connector networked stations
  • There are 3 plug types:
    • CHAdeMO – Asian standard
    • CCS – US & European standard
    • Tesla – They just had to be different… but adapters are available
  • Single and dual connector stations are available with CCS and/or CHAdeMO
  • Dual stations only charge 1 car at a time
  • Most full-electric EVs accept fast charging, but most plug-in hybrids do not

California already has the most electric vehicle (EV) drivers in the country and the number of drivers is still increasing rapidly.
Now, thanks to the new Sacramento Municipal Utility District (SMUD)Commercial Electric Charger Incentive Program, you can future-proof your property with EV charging and get back:

• Up to $3,000 per Level 2 charging station
• Up to $100K incentive per DC fast charging project

This program is available for all workplaces and multi-unit residential communities serviced by SMUD.

Find out which incentive is right for your business today.

Get a Quote Now!

 

Sacramento Electrical Contractor

Why choose Absolut

Absolut Electric is a Local Sacramento commercial electrician. We have 14 years of experience and we strive for ever increasing standards and efficiency.  Bad Electrical Engineering can cause extensive property damage and loss of life.  Having a contractor that knows what they are doing and goes above and beyond for safety is the best choice.

We combine tried and true safety with innovated tools and techniques.   SMUD works with commercial electricians in Sacramento with special rebates and incentive programs. We cross reference these projects in our bids to create the best opportunities for our clients.

Our goals are to create an ongoing relationship with our customers.  Honest, genuine, and helpful advice creates return business, but more importantly it saves money.  Scheduled maintenance is important for the longevity of your equipment.  Avoiding unexpected power outages that may cost a business valuable revenue and lost time from work. It is always cheaper to fix a problem when you know about it ahead of time.

We are Sacramento’s best Commercial Electrical Contractor.

We strive to provide continued long-term customer service as we work towards meeting our customer’s ongoing and evolving needs, call us at 916-572-0851 or click here to contact us.