Hmmmm... something is off about that chart.
The average price of electricity in Serbia is 6.6 euro per 100kWh Source: balkangreenenergynews.com
6.6 EUR = 8.2 USD
At USD$0.082 per kWh, the cost to mine a Bitcoin with Bitmain's S9 (14TH/s @1375W) assuming you had enough of them to mine one Bitcoin in a day (you would need ~817 of them) would be
US $2213
Prices are much lower in Quebec, Canada where residential customers using less than 1000kWh per month pay only CA $0.057 per kWhr plus CA $0.4064 daily fee. If you go over that limit the cost for the extra is CA $0.0892 (for comparison, CA $0.0892 = US $0.07) which means you can produce a Bitcoin for US $1886 (plus the US $0.325 daily or about US $265.5 total assuming you run 1 miner) in Quebec, Canada; cheaper than most locations on the map.
US $2125
http://www.hydroquebec.com/residential/customer-space/account-and-billing/understanding-bill/residential-rates/rate-d.html
I'm surprised Canadian rates aren't noted in the infographic.
Topic: Electricity price around the globe. In which part of the world I should mine? (Read 88 times)
February 18, 2018, 03:02:46 PM
February 18, 2018, 01:31:48 PM
Electricity price around the globe. In which part of the world I should mine? And how easy or difficulty is to send my mining’s rigs there?
I want to create this post to compare around the globe the best places to mine.
Please send the information as follow
Country: Ecuador Cities: All Cost per KWh ($): 0.04
Commnets: This rate applies only to house electricity, commercial electricity cost is 0.12 per KWh ($)
Requirements to send equipment’s there: Find a local who can install and run the mining rigs at their home. Send them via DHL
Date of info: 18/feb/2018
I want to create this post to compare around the globe the best places to mine.
Please send the information as follow
Country: Ecuador Cities: All Cost per KWh ($): 0.04
Commnets: This rate applies only to house electricity, commercial electricity cost is 0.12 per KWh ($)
Requirements to send equipment’s there: Find a local who can install and run the mining rigs at their home. Send them via DHL
Date of info: 18/feb/2018
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