I heard Poland is also an Cheap Location for Mining Bitcoins.
You pay there about 0,30 Zloty which is about 0,08 Cents.
That`s better as in much other Europeon Countrys.
regards
Topic: The cost of electricity in the world - page 5. (Read 31151 times)
I came across this article today. It cites a government report saying every year billions of RMB worth of hydropower was wasted in China's western Sichuan province.
I then traced the original report, which says that the issue is likely to get worse over the next five years.
Wondering what is the implications to BTC mining.
Source: http://news.xinhuanet.com/fortune/2015-06/02/c_127867897.htm
I then traced the original report, which says that the issue is likely to get worse over the next five years.
Wondering what is the implications to BTC mining.
Source: http://news.xinhuanet.com/fortune/2015-06/02/c_127867897.htm
How you guys can work with such high prices? 
0.04-0.05$ Georgia
0.04-0.05$ Georgia
I'm paying 0.002 USD/KWh
Source: I live in Venezuela
this is cheapest. how to import the miner?how to ensure the security?Source: I live in Venezuela
we have the similar cost electricity in china: usd0.05/kwh.
the most advantage is the fastest shipment, and lower investment on the mining farm setup.thats why in the passed few month, china pool has occupied 60% market share.
if you want to host the miner in china, just contact with us.
the most advantage is the fastest shipment, and lower investment on the mining farm setup.thats why in the passed few month, china pool has occupied 60% market share.
if you want to host the miner in china, just contact with us.
Russia, near Kazakhstan border.
$0.05 per kWh
$0.05 per kWh
this is a good rate, i'm wondering why in russia there aren't big farm with this cheap electrcity, now that the government is not against bitcoin anymore
worst case you can host other miners, that need cheap electricity
also the good cool temperature, will help against heat
2 rupees per unit.
Russia, near Kazakhstan border.
$0.05 per kWh
$0.05 per kWh
hold you hats guys:)
RMB 0.4 / kWh
RMB 0.2 / kWh
0.064$ / kWh in Inner Mongolia and
0.032$ / kWh in Kangding
Hi Eric
How much is the exact cost for the electricity fee?
Inner Mongolia mining farm ( per 1 kwh) ?
and
Kangding mining farm (per 1 kwh) ?
How much is the exact cost for the electricity fee?
Inner Mongolia mining farm ( per 1 kwh) ?
and
Kangding mining farm (per 1 kwh) ?
RMB 0.4 / kWh
RMB 0.2 / kWh
0.064$ / kWh in Inner Mongolia and
0.032$ / kWh in Kangding
$0.31 here in Germany, and they have started using loads more coal because they stopped usuing nuclear and are trying to use renewables, but it isn't working too efficiently yet..
I thought prices in the Europe would be the lowest due to all the renewable energy resources.
Most cost of any energetic are taxes. So it dont real mater out of what is electricity produced, but how country collect taxes. Taxing oil and electricity is easier way.
i have some what cheap Electricity if it wasn't for the high taxes and Fee BG and E gets away with i d sty below 200 a month or close running 6 S5 24/7 as it is now I'm more like 350 to 400 due to the taxes and other fees they manage to slip in there.
isn't better for you guy with cheap electricity to offer hosting, to other users? there are some users that can't mine because of their electricity and they don't trust cloud, it should be a win win situation
he also pay you everything directly in bitcoin and you don't need to pay taxes in the end if you keep your coins
I gave that some thought but I m not willing to taking anyone hardware and keep it running etc or even let some one run there proxy's or pools thu my S5s for long periods of time. I would have to molde my house even more or even move it out of my house then its even more cost . but i did give it a lot of thought a few month back . if you mean me by this : isn't better for you guy with cheap electricity to offer hosting, to other users? there are some users that can't mine because of their electricity and they don't trust cloud, it should be a win win situation
True it would be a win win but the hassle of starting im not willing to deal with, i can be trusted would be very careful with or how I did it but to many negatives i see i don't want that can and will happen that discourage me from doing it .
$0.31 here in Germany, and they have started using loads more coal because they stopped usuing nuclear and are trying to use renewables, but it isn't working too efficiently yet..
I thought prices in the Europe would be the lowest due to all the renewable energy resources.
Most cost of any energetic are taxes. So it dont real mater out of what is electricity produced, but how country collect taxes. Taxing oil and electricity is easier way.
i have some what cheap Electricity if it wasn't for the high taxes and Fee BG and E gets away with i d sty below 200 a month or close running 6 S5 24/7 as it is now I'm more like 350 to 400 due to the taxes and other fees they manage to slip in there.
isn't better for you guy with cheap electricity to offer hosting, to other users? there are some users that can't mine because of their electricity and they don't trust cloud, it should be a win win situation
he also pay you everything directly in bitcoin and you don't need to pay taxes in the end if you keep your coins
I'm locked in for 3 years at $0.06 kw/hr .. in Chicago.
How did you swing that? Tell me more.
fix rates a lot of the states allow it and hes was lucky enough to catch a sell going on .I'm Locked at .0855 for the next three years with no limits on how i use it as long i pay the bill. but i know there is a limit there all ways is, i just haven't hit any yet .
$0.31 here in Germany, and they have started using loads more coal because they stopped usuing nuclear and are trying to use renewables, but it isn't working too efficiently yet..
I thought prices in the Europe would be the lowest due to all the renewable energy resources.
Most cost of any energetic are taxes. So it dont real mater out of what is electricity produced, but how country collect taxes. Taxing oil and electricity is easier way.
i have some what cheap Electricity if it wasn't for the high taxes and Fee BG and E gets away with i d sty below 200 a month or close running 6 S5 24/7 as it is now I'm more like 350 to 400 due to the taxes and other fees they manage to slip in there.
I'm locked in for 3 years at $0.06 kw/hr .. in Chicago.
How did you swing that? Tell me more.
Electricity is more cheap in American regions and if you want a long term profit use
Solar panels but this will take maybe 15 years to back your ROI (maybe bitcoin disappear in this
time
) I recommend to revise this : http://en.wikipedia.org/wiki/Electricity_pricing.
Xing Ming .
Solar panels but this will take maybe 15 years to back your ROI (maybe bitcoin disappear in this
time
) I recommend to revise this : http://en.wikipedia.org/wiki/Electricity_pricing. Xing Ming .
$0.31 here in Germany, and they have started using loads more coal because they stopped usuing nuclear and are trying to use renewables, but it isn't working too efficiently yet..
I thought prices in the Europe would be the lowest due to all the renewable energy resources.
Most cost of any energetic are taxes. So it dont real mater out of what is electricity produced, but how country collect taxes. Taxing oil and electricity is easier way.
Well if your not a home owner there's lot's of rental property's that include free electricity like the one i'm living at know. Not sure how much trouble it may cause but i'm sure there's a few miners taking advantage.
Horribly inaccurate and given the swings (mainly one way) in USD to every other currency, even less accurate. Actual industrial rates, the ones that matter, aren't represented on there for most countries.
Agreed. Wiki also doesn't take different states / provinces into account. It's a start, but you need to do more research if you have an actual project on hand.
Horribly inaccurate and given the swings (mainly one way) in USD to every other currency, even less accurate. Actual industrial rates, the ones that matter, aren't represented on there for most countries.
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