Topic: What is your electricity price - page 2. (Read 1892 times)
the price of the country I am at the moment ( IRAN ) I believe is less than 0.40 , its very cheap compared to the PHILIPPINES which the price there is triple or even x4
Poll options are too much IMHO. I pay 0.15 cents per 1 kW electricity.
They still tell me it's not profitable for btc mining.
They still tell me it's not profitable for btc mining.
Yeah maybe OP meant 0.04, not 0.40, 0.1, not 1$+
The poll doesn't make sense, the lowest option encompass most of the world. Most having electricity cost making mining unviable.
Poll options are too much IMHO. I pay 0.15 cents per 1 kW electricity.
They still tell me it's not profitable for btc mining.
They still tell me it's not profitable for btc mining.
You definitely need to modify your poll.
The AVERAGE price of electric in the USA is around 12 cents/kwh, and there are 2 counties in Washington State that are around 3 cents/KWH
Anything over about 15 is pretty close to being unprofitable to mine with even the current most efficient units (SP20E, SF3001, S7).
$0.2/KWH is quite HIGH by US standards, fairly high by the standards of a lot or most of the rest of the world, and forget trying to mine at a profit at that kind of electric pricing.
https://en.wikipedia.org/wiki/Electricity_pricing is a good place to start your research. It's not definitive, but it points you in the right directions.
Also, most "renewable energy" ends up costing MORE than commonly used sources, at this time, though with government subsidies it might come in as competative, and if you're WAY out in the boondocks you might not have any other viable choices. Some of those options were getting to be competative when oil was over $100/barrel and coal/natural gas were following suit somewhat, but at current fossil fuel pricing the competativeness has dropped. I'm certain that non-fossil options WILL have to get more common eventually though, as even Coal is a finite resource much less oil/natural gas, and stuff like Ethanol isn't much better than break-even at BEST vs the energy used to MAKE that stuff.
Long term, Ethanol and the like might be a good option - if wind or solar power is used to make it. Biggest issue is that current EFFICIENT Ethanol making requires fairly constant power input, which neither wind nor solar can manage (though Hydro and tide power genration can).
The AVERAGE price of electric in the USA is around 12 cents/kwh, and there are 2 counties in Washington State that are around 3 cents/KWH
Anything over about 15 is pretty close to being unprofitable to mine with even the current most efficient units (SP20E, SF3001, S7).
$0.2/KWH is quite HIGH by US standards, fairly high by the standards of a lot or most of the rest of the world, and forget trying to mine at a profit at that kind of electric pricing.
https://en.wikipedia.org/wiki/Electricity_pricing is a good place to start your research. It's not definitive, but it points you in the right directions.
Also, most "renewable energy" ends up costing MORE than commonly used sources, at this time, though with government subsidies it might come in as competative, and if you're WAY out in the boondocks you might not have any other viable choices. Some of those options were getting to be competative when oil was over $100/barrel and coal/natural gas were following suit somewhat, but at current fossil fuel pricing the competativeness has dropped. I'm certain that non-fossil options WILL have to get more common eventually though, as even Coal is a finite resource much less oil/natural gas, and stuff like Ethanol isn't much better than break-even at BEST vs the energy used to MAKE that stuff.
Long term, Ethanol and the like might be a good option - if wind or solar power is used to make it. Biggest issue is that current EFFICIENT Ethanol making requires fairly constant power input, which neither wind nor solar can manage (though Hydro and tide power genration can).
Here, it is just under 4cents per KWH for the first 30 kWh in a given day then it is 5cents~ for the rest.
It sound like a fairly ideal pricing for electricity. I would imagine paying more than 8cents/kwh fairly improper for trying to earn income from mining.
It sound like a fairly ideal pricing for electricity. I would imagine paying more than 8cents/kwh fairly improper for trying to earn income from mining.
you might want to modify your poll
I have heard of places in usa at 5c kwh
my cost is 13c kwh (it went up 1c kwh last month damn it)
just saying
I have heard of places in usa at 5c kwh
my cost is 13c kwh (it went up 1c kwh last month damn it)
just saying
I have modified.
hey
I 1840w it is available (8A) Power Free Energy
and other options $ 0.2 / kwh
I 1840w it is available (8A) Power Free Energy
and other options $ 0.2 / kwh
The price is very good.Where are you from?
you might want to modify your poll
I have heard of places in usa at 5c kwh
my cost is 13c kwh (it went up 1c kwh last month damn it)
just saying
I have heard of places in usa at 5c kwh
my cost is 13c kwh (it went up 1c kwh last month damn it)
just saying
Electric cost is doubtless the most important parameter when you the mining.Knowing the electricity prices you experience all over the world will be a free data base for me and others willing to perform academic studies on BTC.
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