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Author Topic: place with low electricity cost for mining  (Read 466 times)
eseefe (OP)
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August 23, 2013, 11:48:43 AM
 #1

Hey people,

First post here, didn't knew anything about bitcoins until a couple of weeks ago, I've been reading, researching and learning and I'm realizing that maybe my situation could be of interest, you judge.

Here is Caracas, in general we have very cheap electricity, but my place is a former factory (a small loft) and I kept the industrial electricity contract, it means, I pay the same rate every month no matter the consumption (there is a top, but I guess it's very high, I'll look for details later if needed), in short, I don't care about about electricity costs.

Plus, weather is "tropically" nice, (18 to 24 Celsius all year long), our currency is very weak (an advantage for foreigners), women are pretty... Why am I not mining? hardware costs.

Could this be of interest?
rolling
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August 23, 2013, 11:44:13 PM
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Probably not, there would have to be a lot of trust for a person to send you their hardware.  What is the electricity rate per KWh?  How many amps of power do you have available?
Marbit
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August 24, 2013, 12:01:53 AM
 #3

Places like Canada are ideal for mining.... cheap electricity, cold temps....
eseefe (OP)
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August 24, 2013, 02:16:17 PM
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You're right, I would think twice before sending my hardware to another country... I'll figure out how to make my own thing, it's not impossible to acquire decent hardware in here, and it will be only a single initial investment.

Thanks for the just-common-sense reply Smiley
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