infostore571 (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
|
March 11, 2013, 11:21:30 PM |
|
Hi BTC miners, Did you think how much dollars you are paying for mining as electricity cost?
In our country electricity cost is very cheap. If you are able to setup a mining factory in our country you will be benefited.
I'm here to support you.
Thanks
|
|
|
|
conceptxp
Newbie
Offline
Activity: 42
Merit: 0
|
|
March 11, 2013, 11:27:30 PM |
|
so what is your proposal?
|
|
|
|
infostore571 (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
|
March 12, 2013, 12:21:32 AM |
|
Setup your mining rig in my country
|
|
|
|
live627
|
|
March 12, 2013, 12:53:48 AM |
|
What country. It's the USA then LOL
|
|
|
|
Fiyasko
Legendary
Offline
Activity: 1428
Merit: 1001
Okey Dokey Lokey
|
|
March 12, 2013, 12:58:04 AM Last edit: March 15, 2013, 10:49:42 PM by JackRabiit |
|
Oh look, Another person who thinks we will ship him our hardware so he can run it for us with less power costs.
|
|
|
|
LAMarcellus
|
|
March 12, 2013, 07:15:18 PM |
|
Hi BTC miners, Did you think how much dollars you are paying for mining as electricity cost?
In our country electricity cost is very cheap. If you are able to setup a mining factory in our country you will be benefited.
I'm here to support you.
Thanks
The electricity rates in my location vary vetween 3.6¢/kwh and 1.7¢/kwh. Northeast USA
|
The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. – Albert Camus
|
|
|
Gator-hex
|
|
March 12, 2013, 09:35:48 PM |
|
www.bitcoinx.com has a useful cost/profit calculator. You can reduce your electricity costs by underclocking the memory Mhz on your graphics cards.
|
|
|
|
Fiyasko
Legendary
Offline
Activity: 1428
Merit: 1001
Okey Dokey Lokey
|
|
March 15, 2013, 10:53:00 PM |
|
Hi BTC miners, Did you think how much dollars you are paying for mining as electricity cost?
In our country electricity cost is very cheap. If you are able to setup a mining factory in our country you will be benefited.
I'm here to support you.
Thanks
The electricity rates in my location vary vetween 3.6¢/kwh and 1.7¢/kwh. Northeast USA Woah, Nice rates, I pay $0.08CAD/kwh Western Canada, British Columbia
|
|
|
|
|
bitracing
Newbie
Offline
Activity: 17
Merit: 0
|
|
March 16, 2013, 12:50:00 AM |
|
i'd rather run an extension cord over from the neighbours and pay 0¢/kwh
|
|
|
|
dayasinfo
|
|
March 16, 2013, 12:53:43 AM |
|
i'd rather run an extension cord over from the neighbours and pay 0¢/kwh I would do the same LOL
|
|
|
|
Centaure
Newbie
Offline
Activity: 11
Merit: 0
|
|
March 16, 2013, 12:55:42 AM |
|
Europe is so annoying. The electricity costs about 20 to 28 Euro Cent. This makes mining difficult.
|
|
|
|
christop
Member
Offline
Activity: 84
Merit: 10
|
|
March 16, 2013, 01:01:06 AM |
|
The electricity is free if you normally have to run your heater to keep you warm. Instead of using electricity to run a heater that does nothing but produce heat, you can use it to compute hashes and produce heat as a side-effect. It's the same electricity-to-heat conversion rate (eg, 600W of power turns into 600W of heat).
|
Tips are always welcome: 17Z63hLi2ox4fCMhDqVJrLTJiXVcBMJpMo Alpaca socks donations: 1sockzDWcF8mrC59CgiN7HAJm6xL7TiRW
|
|
|
mitty
|
|
March 16, 2013, 02:58:16 AM |
|
Hi BTC miners, Did you think how much dollars you are paying for mining as electricity cost?
In our country electricity cost is very cheap. If you are able to setup a mining factory in our country you will be benefited.
I'm here to support you.
Thanks
The electricity rates in my location vary vetween 3.6¢/kwh and 1.7¢/kwh. Northeast USA What state? I'm in Rhode Island and pay about $0.15/kwh and assumed that most of the northeast was about the same.
|
|
|
|
crash_override
Newbie
Offline
Activity: 13
Merit: 0
|
|
March 21, 2013, 03:05:06 AM |
|
Europe is so annoying. The electricity costs about 20 to 28 Euro Cent. This makes mining difficult.
Shocking. I don't even see how it's viable.. electrical costs here are about $0.04 per kwh (western USA). I can't imagine the kind of electricity bills you guys get out there.
|
|
|
|
Gator-hex
|
|
March 21, 2013, 03:18:22 AM |
|
I can't imagine the kind of electricity bills you guys get out there. Thanks for sending us Al Gore and his Global Warming tax propaganda, our governments fell for it hook line and sinker! CO2 is the air you breath out, to tax Carbon Dioxide, is to tax breathing!
|
|
|
|
jordan.dev
|
|
March 21, 2013, 06:07:56 AM |
|
I can't imagine the kind of electricity bills you guys get out there. Thanks for sending us Al Gore and his Global Warming tax propaganda, our governments fell for it hook line and sinker! CO2 is the air you breath out, to tax Carbon Dioxide, is to tax breathing! Damn right...
|
|
|
|
george357
Newbie
Offline
Activity: 31
Merit: 0
|
|
March 21, 2013, 06:33:39 AM |
|
For those of us that rent our living spaces, look at renting an efficiency apartment. These are typically inclusive of all the utilities including electric service. I pay $750 rent but my phone, electric and cable are all included in that price. This allows the costs of electric for mining rigs to be removed from the equation.
NOTE: It would be a good idea to make sure that your rental agreement does not limit usage!
|
|
|
|
Dreadful
Newbie
Offline
Activity: 42
Merit: 0
|
|
March 21, 2013, 07:03:50 AM |
|
I would suggest moving into an apartment that doesn't charge you for electricity! If this is too drastic you could attempt to run it on solar power, (unlikely.) Or you could use battery power, (rigging it to a car battery would yield interesting results.)
|
|
|
|
christop
Member
Offline
Activity: 84
Merit: 10
|
|
March 21, 2013, 02:28:02 PM |
|
Or you could use battery power, (rigging it to a car battery would yield interesting results.)
You still need to replenish the power in a battery somehow, such as with a gasoline engine. Gasoline has about 33kWh of energy per gallon, and in my area gasoline is selling for about $3.80 per gallon, which works out to about $0.115 per kWh. But engines, alternators, and batteries are not 100% efficient so the actual cost is probably 20% or more higher than that.
|
Tips are always welcome: 17Z63hLi2ox4fCMhDqVJrLTJiXVcBMJpMo Alpaca socks donations: 1sockzDWcF8mrC59CgiN7HAJm6xL7TiRW
|
|
|
|