Bitcoin Forum

Hi guys, since indonesia's electricity price is not the cheapest in the world, are you guys making a profit. From mining?

Am new in Indonesia and wants to see if there's way to get involved in investing in mining.

well

in indonesia just a few people make profit from mining.

because

government fee :D

include import taxes and many other :D

if you want mining in indonesia

you must have muchhhhhhhhhhhhh permission from the government

and place and much more

so the point is

mining in indonesia is not simple

Import tax from the machines?

Cheers

Yes :D

i have friend he is mining too

he says

import tax almost 50% of the miner :(

is too expensive don't you

btw where are you now?

are you already in indonesia right now

50% is crazy no?

Am in jakarta

50% is crazy

for me is yes :D

1 USD = 13000 IDR

so 50% of the mining machine

well its like kill you :D

but if you rich people its okay :)

if you want to mining bitcoin

prepare the places first

like in my city Batu, East Java - Indonesia

in here very cold so perfect condition for mining

I mining in Indonesia, I like mining and trading altcoin.

stress lu gan.... pajak import cuma 20%

wtf tax 50% ? tax only 20-25% maximum.

hahaha emang stress tuh. ane aja beli Antminer l3+ cuma kena 6% dari total harga.
itu kena pajak pemerintah atau preman diminta sampai 50%.
and for the electricity in indonesia is the same as many country, it's $0.01/kWh