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1  Bitcoin / Mining speculation / Re: 10k$ to invest with free electricty on: September 01, 2015, 07:28:09 PM

Qatar is the only country on the world who is giving free electricty and water to there citiznes



While water and electricity are subsidized to residents, they aren't free. They charge 2.2 cents USD/kWh for electricity to residents and industry. And those rates are going up. Their neighbour the UAE just doubled their electricity prices to about 5 cents USD, so expect Qatar to do the same.

Also, mining in a country that hot is going to be extremely expensive. Where water is metered, and far more expensive for industry, swamp cooling would be very expensive. So AC, which means increasing your energy costs by 30%. Throw that all in, and its no more competitive than a 5 or 6 cents USD jurisdiction.

Yea i know its 2.2 for residents and free for cizines and it was free from 60 years so believe it will not change now

And its true that the weather is very hot but the room is supplied with 3 air conditions and with free energy it will not chang the cost

Btw if u want to google again u need to know that there are a big different between residents and citizins and uae is a country and qatar is another country

Because when someone tells you china hase a cheap energy you cant answer its not true because south korea has expansive energy
2  Bitcoin / Mining speculation / Re: 10k$ to invest with free electricty on: September 01, 2015, 06:20:54 AM
For all whos saying that there arent free electricty

I dont know if its allowed to put links here or no

But u can google about qatar citizin

Qatar is the only country on the world who is giving free electricty and water to there citiznes

3  Bitcoin / Mining speculation / Re: 10k$ to invest with free electricty on: August 31, 2015, 10:24:38 AM
If you have "free unlimited energy" I would get a loan to start building an aluminium plant.



There is no free electricity on this planet, but I wonder why alluminium plant?

btc_istanbul its not true that there isnt free energy because in my country citizens get free water and electricity and i own my house and never get what you call water bill or electricty bill
4  Bitcoin / Mining speculation / Re: Need help please on: August 28, 2015, 06:12:49 PM
Hodedow thanks

But before you say you need more hashes and s5 i need to tell you that all informations i have about bitcoins thats its a currency that u can use and farm it and a lot of people are making money from it

But for now before i get in and learn everything about i want to know is it worth it?

Btw sorry for my bad english
5  Bitcoin / Mining speculation / 10k$ to invest with free electricty on: August 28, 2015, 05:42:59 PM
I just knew about bitcoins and how people can make some money from it

And i want to add that i have unlimited free electricity with 10k$ to invest in farming bitcoins and i want to know if its worth it and how much money could i make monthly with 10$k and free electricty

And if its worth it i want a partner to guid online to tell me what to buy and how to start

And who is intrested please pm me
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