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Topic: Best country on earth for altcoin mining - share suggestions - page 4. (Read 3157 times)

sr. member
Activity: 415
Merit: 250
china electricity prices are very low and maybe New zealand.
European zone is very expensive. Dont run miner if u are living in there. Smiley
legendary
Activity: 1084
Merit: 1003
≡v≡
how does low government corruption help mining altcoins?  Huh
if there are zero regulations also?

I also consider Georgia (my home country) as a best place for not only alts but for mining.
You should mention that it's not as easy to get 5-6 Cents per KWh, unless you are consuming above 300KWh. But, there's a big but also, under proper management and under good connections you are able to get your own power plant, small or medium one, last couple years governmental structures are working and in fact supporting people to run power plants, there are some regulations of course, but it's relatively easy to do it. Also consider that there are  more than 25k (yeas! 25 fucking thousand) rivers in Georgia, not all of them are capable to handle power plants, but hey, 25.000+! So My voice goes to Georgia the country!
newbie
Activity: 53
Merit: 0
where i live it's only 0.025$/kw try to beat it (some regions where i live 0.018$/kw)
hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy
how does low government corruption help mining altcoins?  Huh
legendary
Activity: 1260
Merit: 1046
Island with it's geothermical electricity, quasi free and it's cold wether to refresh the miners.
member
Activity: 75
Merit: 10
Really? Washington State can offer under 3 cents/kwh?  Shocked

Kuwait is extremely hard.
legendary
Activity: 1498
Merit: 1030
USA - if you move to one of the 3 Central Washington State counties with the cheapest power cost in the country.
 Can easily get under 3 cents/kwh


 Perhaps Kuwait, *IF* you are a native or have a real good connection there, as electric is super cheap by report to a degree you could AFFORD to A/C your miners.

member
Activity: 75
Merit: 10
Cheap electricity and relatively low corruption in the country is one of the key indicators for any kind of industrial work; but main is to identify the best, top 10 at least best locations in earth for altcoin mining.

I, as a representative of altcoin mining industry in Georgia, consider Georgia as one of the best places on earth for altcoin mining, but it is interesting to hear what are other options.

In Georgia electricity is quite cheap: 5-6 $ cent/kwh and country is doing quite well in World Bank's Ease of Doing Business rating.
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