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Topic: Electricity cost where you live/mine? (Read 4201 times)

legendary
Activity: 922
Merit: 1003
zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
January 12, 2012, 10:58:52 AM
#72
I pay .095c, but there are cheaper options available  (I believe the lowest is ~.075c), although I  suspect they're less reliable (subject to brownouts etc)...  

But if I had a large setup using tons of electricity, there'd be those discounts for high use...  like over 5000kwh would be 8c with my current provider.

ed: (northeast texas, and "Bounce Energy" is 6.9c)    http://www.electricitybid.com/counties/henderson.php
member
Activity: 73
Merit: 10
January 12, 2012, 09:49:28 AM
#71
0.11  Maryland ,   However i am thinking of reducing that with some renewable options 
newbie
Activity: 2
Merit: 0
January 12, 2012, 04:42:44 AM
#70
It's 11.1 cents per kWh here, but I don't mine. At 0.5 MH/s on my Pentium 4 I can't even get a share. Embarrassed
hero member
Activity: 981
Merit: 500
DIV - Your "Virtual Life" Secured and Decentralize
January 12, 2012, 02:30:54 AM
#69
Here in Montana USA price is about 9.958 cents per KWH.
hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
January 11, 2012, 06:45:50 PM
#68
0,18 €/Kwh in Spain. (~0.23 $/Kwh)

I'm selling my 5850's and moving to FPGA's because the power company is "earning" more money than me.


thats smart, I plan to do the same thing when the blocks turn into 25 coin blocks
newbie
Activity: 5
Merit: 0
January 11, 2012, 12:18:21 PM
#67
0,18 €/Kwh in Spain. (~0.23 $/Kwh)

I'm selling my 5850's and moving to FPGA's because the power company is "earning" more money than me.
newbie
Activity: 14
Merit: 0
January 10, 2012, 07:35:26 PM
#66
I have free electricity but if I use too much they might come asking questions Tongue
legendary
Activity: 1512
Merit: 1000
January 10, 2012, 06:21:06 PM
#65
$0.067/off peak  and $0.096/peak  in Western Canada.
newbie
Activity: 25
Merit: 0
January 10, 2012, 03:29:06 PM
#64
Wow, you guys are getting cheap electricity, in England I am currently playing £0.17 / KwH during the day and £0.095 / KwH during the night. Thats almost $0.30 / KwH USD during the day :-O.
member
Activity: 94
Merit: 10
January 10, 2012, 03:26:25 PM
#63
.10 for the electricity and another .07 in various fees.  Upper midwest USA. 
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
January 10, 2012, 09:05:54 AM
#62
Amsterdam, The Netherlands, >$0,30

I'm using fpga's now and I like the idea that I make "green" bitcoins Smiley
newbie
Activity: 22
Merit: 0
January 10, 2012, 09:00:31 AM
#61
I mine in my college dorm room, so basically free power and internet. The heat is not that bad, I expected worse and is not as bad as when I had a Dell Poweredge running in the room.
hero member
Activity: 546
Merit: 500
January 10, 2012, 08:54:07 AM
#60
Ok so averaging my rate for the past two years of billing comes to $0.114335
full member
Activity: 184
Merit: 100
Feel the coffee, be the coffee.
January 10, 2012, 08:40:55 AM
#59
I live in Montreal, Quebec.

My price per kWh is somewhere between $ 0.05 and 0.08 CAD, depending on season.
donator
Activity: 1218
Merit: 1079
Gerald Davis
January 10, 2012, 08:30:34 AM
#58
The important thing is to use FPGA, all electricity prices will go up since it's a free market. So it doesn't matter if you live in a country with lots of hydro like me (Sweden has 50% hydro) our corporations will just sell to Germans for a lot of money when peak oil hits.

Well, rest assured we are fine till "peak oil hits" !

FPGA is a long way off being as good in terms of $/mhash compared to GPUs.

your right but it is far more profitable and will be much more soon when blocks get cut to 25 coins per

an FPGA miner can give 380Mhash and only use 20 watt, well thats profit baby

you not get the highest speeds but your not using any electricity hardly at all

10 x FPGA miners is = 1 x 5870


so if you had 10 x FPGA @ 380mhash your getting 3.8 Ghash for the same electrical cost as running a 440Mhash GPU





The size of the block reward changing doesn't make FPGA better or worse.  Sure it may cut revenue (but really only price * block size / difficulty matters) but that affects the ROI% of both products equally.

For miners w/ high electrical cost (say >$0.25) FPGA is the only thing that makes sense.   In time as the network gets more and more efficient that line will drop lower and lower but the block reward getting cut in half doesn't change the economics at all.  The main advantage of FPGA is it levels the playing field as electrical cost is less of a factor in total operating cost.   It also creates a very low floor.

(@ 1.25M difficulty, 50 coins per block, $0.10 per kWh)
5970 (on very efficient rig ) ~ 2.6MH/W.  electrical cost per coin = $1.15
ztex FPGA ~22 MH/W.  electrical cost per coin = $0.14

At current conditions if the price fell below $1.15 I would need to stop mining but w/ a ztex GPU I could mine even if price fell to $0.14.

hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
January 10, 2012, 08:19:15 AM
#57
The important thing is to use FPGA, all electricity prices will go up since it's a free market. So it doesn't matter if you live in a country with lots of hydro like me (Sweden has 50% hydro) our corporations will just sell to Germans for a lot of money when peak oil hits.

Well, rest assured we are fine till "peak oil hits" !

FPGA is a long way off being as good in terms of $/mhash compared to GPUs.

your right but it is far more profitable and will be much more soon when blocks get cut to 25 coins per

an FPGA miner can give 380Mhash and only use 20 watt, well thats profit baby

you not get the highest speeds but your not using any electricity hardly at all

10 x FPGA miners is = 1 x 5870


so if you had 10 x FPGA @ 380mhash your getting 3.8 Ghash for the same electrical cost as running a 440Mhash GPU



newbie
Activity: 8
Merit: 0
January 10, 2012, 07:59:14 AM
#56
About 12 cents here in Brazil.

But downtimes are also happening and it isn't always on connection.
newbie
Activity: 7
Merit: 0
January 10, 2012, 07:48:09 AM
#55
The important thing is to use FPGA, all electricity prices will go up since it's a free market. So it doesn't matter if you live in a country with lots of hydro like me (Sweden has 50% hydro) our corporations will just sell to Germans for a lot of money when peak oil hits.

Well, rest assured we are fine till "peak oil hits" !

FPGA is a long way off being as good in terms of $/mhash compared to GPUs.
hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
January 10, 2012, 07:26:40 AM
#54
6-pack/month - miner is in a friend's dorm room, i pay in beer...

awesome!!!! Smiley
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