Bitcoin Forum

Bitcoin => Mining => Topic started by: glitch003 on February 16, 2012, 01:35:35 AM



Title: Power cost
Post by: glitch003 on February 16, 2012, 01:35:35 AM
Hey, what are some places with cheap power?  I found this site

http://205.254.135.7/state/state-energy-profiles-more-prices.cfm (http://205.254.135.7/state/state-energy-profiles-more-prices.cfm)

but it only includes the US.  So miners, where do you live, and what's your price per KWH in USD?


Title: Re: Power cost
Post by: Stephen Gornick on February 16, 2012, 03:00:30 AM
what's your price per KWH in USD?

The Electricity pricing Wikipedia article http://en.wikipedia.org/wiki/Electricity_pricing#Global_electricity_price_comparison shows the price per kWh in over two dozen countries.  The top three of those where electricity is the cheapest are Spain, Canada and Finland, each of which show electricity under $0.07 US per kWh. Germany, the Netherlands, Italy and Denmark are at the end of that list with electric rates over $0.30 US per kWh.

Though the U.S. average is now a little over $0.10 US per kWh, according to a U.S. Department of Energy monthly report http://www.eia.gov/electricity/monthly/excel/epmxlfile5_3.xls , the residential average is $0.12 US.  On the high end, excluding areas outside the contiguous U.S., are the Northeast states of New York, Connecticut and New Jersey with rates approaching $0.20 US.  On the low end are the Pacific Northwest states Washington and Idaho which are under $0.09 US.  As a rule of thumb, commercial rates can be calculated as being about 90% that of residental, though the report provides specific rates for each state.


Title: Re: Power cost
Post by: glitch003 on February 16, 2012, 04:09:23 AM
Hmm, good chart.  Seems like Iceland is the cheapest country with nice conditions.  Anyone from Iceland that can speak about it?

https://i.imgur.com/7A4F2.png


Title: Re: Power cost
Post by: Sitarow on February 16, 2012, 05:40:35 AM
Hmm, good chart.  Seems like Iceland is the cheapest country with nice conditions.  Anyone from Iceland that can speak about it?

https://i.imgur.com/7A4F2.png

Check these rates

You would think Canada is in trouble considering how inflated the energy prices are here.

http://www.epcor.ca/en-ca/Customers/electricity-customers/electricity-rates/RRO-energy-rates/Pages/default.aspx

Oil Capital of Canada?


Title: Re: Power cost
Post by: zvs on February 16, 2012, 11:04:09 PM
Better to look at electricity costs in the US by state.   There are places in Texas where you can get (residential) elec for less than .08 per kwh (and some even cheaper, like Utah, Wyoming, Idaho... maybe .06c)


Title: Re: Power cost
Post by: glitch003 on February 17, 2012, 01:00:12 AM
When I started this thread, I kind of wanted more of a survey of how much everyone is paying.  So this thread is continued in a new thread that gets right to the point. 

https://bitcointalk.org/index.php?topic=64232.0 (https://bitcointalk.org/index.php?topic=64232.0)


Title: Re: Power cost
Post by: BlackPrapor on February 22, 2012, 07:25:59 PM
Incorrect data for Russia, it's from 0.0393c to 0.10c. First being for citizens, and the later is for companies.


Title: Re: Power cost
Post by: lituar on February 22, 2012, 08:47:32 PM
Wikipedia (the source of) said Brazil - 34 cents per kwh. I am paying 52 cents...