Cheap electricity for mining Bitcoin - page 9.

Slaxt

sr. member

Activity: 476

Merit: 250

Gone......

Quote from: Bananana on March 06, 2015, 08:20:16 PM

Quote from: xingming on March 06, 2015, 05:26:20 PM

In my contry it very easy to fraud the electricity even it can cost you 300 $ and then you have electricity free
for life , i wish i have miners hardware in my country i will never speak about electricity .

Can you explain more about "fraud the electricity". What do you mean by that? I am pretty sure it is illegal to do that.

You answered your own question there bro, "fraud the electricity" fraud is illegal. You could use your neighbors electricity if you was cheeky enough and didn't care about being a leach? It costs a fortune here where i live 0.18 Sad

Bananana

sr. member

Activity: 481

Merit: 250

Quote from: xingming on March 06, 2015, 05:26:20 PM

In my contry it very easy to fraud the electricity even it can cost you 300 $ and then you have electricity free
for life , i wish i have miners hardware in my country i will never speak about electricity .

Can you explain more about "fraud the electricity". What do you mean by that? I am pretty sure it is illegal to do that.

xingming

sr. member

Activity: 322

Merit: 250

Writing to dispel society's myths.

In my contry it very easy to fraud the electricity even it can cost you 300 $ and then you have electricity free
for life , i wish i have miners hardware in my country i will never speak about electricity .

maku

legendary

Activity: 1288

Merit: 1000

Quote from: ?? on ??

Quote from: Amph on March 06, 2015, 01:25:20 PM

0.2 seems too high to be honest there are many other place with a much cheaper electricity, also a newbie account offering this isn't that good

Yeah im rocking .06 in the central US.

Electricity prices in USA can differ greatly from place to place. I used to have map of US with electricity costs marked. And I can tell you that you do not need to invest in Venezuela if your electricity can be so cheap as in some places in the usa.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

Op, with all these problems you listed I can't really say that I am interested. While electricity in your country may be cheap - other factors are important as well, and I don't find them being acceptable. Blackouts, volatile and corrupt government, crime. All these points are just not good if you want to establish a reputable hosting or mining company in Venezuela. Low Electricity cost alone is not enough in my opinion.

Amph

legendary

Activity: 3248

Merit: 1070

0.2 seems too high to be honest there are many other place with a much cheaper electricity, also a newbie account offering this isn't that good

Jybrael

sr. member

Activity: 294

Merit: 250

Definitely would but it all depends on when you will be putting up the service and how the current state of affairs in Venezuela would be like. Anyways I wish you the best of luck with your venture buddy!!! Rock it.

Latinbroker

newbie

Activity: 1

Merit: 0

This guy must be a foreigner in Caracas. Is real that in Venezuela you have cheap electricity, but he is not aware about that even if you got insurance, this companies do not pay you if something goes wrong. And believe me, things can get wrong there, if someone knows that you are running expensive equipment in your office, you are dead...

Undefeatable

sr. member

Activity: 286

Merit: 250

Building your solar and selling back to the grid is a better investment, try calculating it

Seketsuna

sr. member

Activity: 294

Merit: 250

this became a discussion board for the prices of electricity of different countries. You see OP no one will lend their mining rig if their is no assurance that they will get it back if your plan fails.

idecable

member

Activity: 70

Merit: 10

Any pictures of your current setup?

stellar69

full member

Activity: 196

Merit: 100

Quote from: bloodDiamond on October 22, 2014, 02:30:54 PM

Quote from: stellar69 on October 22, 2014, 10:14:16 AM

Quote from: whitemage on October 22, 2014, 08:33:58 AM

Quote from: stellar69 on October 22, 2014, 03:29:47 AM

Quote from: SquallLeonhart on October 22, 2014, 02:34:30 AM

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

Too costly to get that, if you factor the cost into your rig, the ROI is never..

he probably lives in a desert

Desert probably cheaper and get more sunlight.

still he needs a lot of investment to setup a solar power plant.

hum!!!
new here.. it seems interesting!!!
how much does it cost a solar power plant entry level? Huh

3Kwatt

thanks!

Read about the plant here http://en.m.wikipedia.org/wiki/Solar_power_in_the_United_States

bloodDiamond

full member

Activity: 168

Merit: 100

Quote from: stellar69 on October 22, 2014, 10:14:16 AM

Quote from: whitemage on October 22, 2014, 08:33:58 AM

Quote from: stellar69 on October 22, 2014, 03:29:47 AM

Quote from: SquallLeonhart on October 22, 2014, 02:34:30 AM

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

Too costly to get that, if you factor the cost into your rig, the ROI is never..

he probably lives in a desert

Desert probably cheaper and get more sunlight.

still he needs a lot of investment to setup a solar power plant.

hum!!!
new here.. it seems interesting!!!
how much does it cost a solar power plant entry level? Huh

3Kwatt

thanks!

stellar69

full member

Activity: 196

Merit: 100

Quote from: whitemage on October 22, 2014, 08:33:58 AM

Quote from: stellar69 on October 22, 2014, 03:29:47 AM

Quote from: SquallLeonhart on October 22, 2014, 02:34:30 AM

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

Too costly to get that, if you factor the cost into your rig, the ROI is never..

he probably lives in a desert

Desert probably cheaper and get more sunlight.

still he needs a lot of investment to setup a solar power plant.

whitemage

full member

Activity: 214

Merit: 100

Quote from: stellar69 on October 22, 2014, 03:29:47 AM

Quote from: SquallLeonhart on October 22, 2014, 02:34:30 AM

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

Too costly to get that, if you factor the cost into your rig, the ROI is never..

he probably lives in a desert

Desert probably cheaper and get more sunlight.

stellar69

full member

Activity: 196

Merit: 100

Quote from: SquallLeonhart on October 22, 2014, 02:34:30 AM

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

Too costly to get that, if you factor the cost into your rig, the ROI is never..

he probably lives in a desert

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

Too costly to get that, if you factor the cost into your rig, the ROI is never..

stellar69

full member

Activity: 196

Merit: 100

Quote from: Gumbork on October 21, 2014, 09:01:53 PM

Quote from: stellar69 on October 21, 2014, 09:00:57 PM

0.2? Is it really cheap? I get electricity for 0.1$/kWh

0.1$ isn't cheap either, not going to make any profit...

I know that thats why I was looking for free energy alternatives.

Quote from: 1echo on October 21, 2014, 10:23:09 PM

get solar power

really? Generating that much solar power to run 10-20mimers will take up a lot of investment

1echo

sr. member

Activity: 280

Merit: 250

scams hunter!

get solar power

Gumbork

hero member

Activity: 583

Merit: 500

Quote from: stellar69 on October 21, 2014, 09:00:57 PM

0.2? Is it really cheap? I get electricity for 0.1$/kWh

0.1$ isn't cheap either, not going to make any profit...

Topic: Cheap electricity for mining Bitcoin - page 9. (Read 32007 times)