And that's WHY you don't see a lot of folks mining cryptocoin in California - pretty much the whole state has crazy-high electric rates.
The "way around it" is to MOVE to an area that has lower rates.
Topic: Miners in Northern California- PG&E territory charge .27/ Kwh $5.18/Day for L3 (Read 264 times)
November 07, 2017, 05:39:06 PM
November 06, 2017, 06:03:08 PM
You need to find a place to get industrial rates. Even then, its expensive (around .14/kWh), but it cuts down the costs from residential heavily.
November 06, 2017, 04:34:02 PM
I feel like that even if you manage to get a 50% discount you'll have trouble staying competitive.
November 06, 2017, 04:29:19 PM
Any miners in Nor Cal? Tier 1 of power rates is 19 cents ( covering base home use). Miners get charged at Tier 2 rates of 27 cents. Daily charges for 800W L3+ is $5.18
Anyone experience this? Is there a way around it in Nor Cal?
Cheers
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