Topic: Electricity bill and when do you stop mining? - page 3. (Read 3923 times)

for those who want to get as much as they can, I suggest you look at the under volting threads here. Not only have they reduced power tremendously but they have also maximized their hashs per joule.

er screw that.. stop mining.. more coins for me! 

Because the un-subsidized ROI on solar power is very very low and power companies are only interested in the STUPIDEST form of solar power possible.  

Solar power is very expensive per kwh.  Yes solar panels have a limited lifespan, require some maintenance, and have components which fail.  No solar power isn't "free" even once installed.  Price per kWh = (usable lifetime kWh)/ (total cost including cost of capital).

The ONE saving grace for solar power is it doesn't need to be transmitted.  Roughly HALF the retail cost of electricity is transmission.  So if your power is $0.10 per kWh the generation is likely only ~$0.05.  If installed locally solar power only needs to compete with the $0.10 rate not the $0.05 rate. 

However power companies HATE decentralized power because they lose control and are paving the road to their obsolescence.  So what do power companies in CA do?    Build massive solar parks (at insanely high per kWh ammortized rates) in the desert (requiring decades of expensive enviro studies)  and then spend even MORE money to build transmission lines to bring that expensive power at even higher expense to where it is needed.  Even sillier, deserts are dusty so lots of time they need to build water pipelines to ensure they can keep the massive farms clean.

Solar power = potentially useful in niche areas although it will never be able to provide "baseload" power.
Massive solar parks which need to be transmitted = asinine.  <- this is CA "solution".

Everyone who lives in Cali tells me it's 78 and sunny every day, all the time.  Why isn't that entire state covered in solar cells?

he's paying to save the environment. Unlike Cali people who pay 40 cents to destroy the environment

What do you mean by eco-power?
0.25 euro is 0.25 euro

I have to pay 0.25 € (about 0.3285 $), that's expensive but it's 100% eco-power, so it's OK.

Greetz
NetworkerZ

For 8 months a year I am at my dorm college getting free energy!

For the one miner I have at home $0.35/KWh - yeah that's not a typo - tier 3 in Southern California Edison - tier 5 is $0.48 plus penalty.  Welcome to the Socialist Republik of Kalifornia - the ass backwards state 

I know we've had at least two other discussions on this, but the search function here's inadequate.

$.1192/kWh after fees/taxes. I'll stop mining briefly while I upgrade my rigs, if there's a service interruption in my electricity/Internet, and when I change residence again.

0,25€

16,6 cents

mine is 6 cents / kWh (Russia)

What are your electricity rates? Mine is currently 8 cents / kWh

I think I will stop when it breaks even with eletricity. What are your rates at?