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Author Topic: How much do you pay for electricity?  (Read 69759 times)
btvGainer
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December 06, 2016, 11:51:30 AM
 #121

I thought it might be neat to go around and share how much we all pay for electricity (or the equivalent at a hoster facility, etc)

I'll start:

11.0 cents / kWh    (Washington state)
Electricity is currently much cheaper in the Indian state I live in it is around 8 cents /kwh but it is not a stable rate.
The power generating company increases it at will usually at every 3 months and at the rate it is increasing, I am afraid it will be most expensive in coming days

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December 06, 2016, 09:08:01 PM
 #122

I thought it might be neat to go around and share how much we all pay for electricity (or the equivalent at a hoster facility, etc)

I'll start:

11.0 cents / kWh    (Washington state)
Electricity is currently much cheaper in the Indian state I live in it is around 8 cents /kwh but it is not a stable rate.
The power generating company increases it at will usually at every 3 months and at the rate it is increasing, I am afraid it will be most expensive in coming days

Well if that happens i think its still not advisable to run a mining rigs out there if you have doubts about the electricity pricing cost, but if the price will remain cheap just go on and try to build some rigs maybe by that you can earn decent amount of money by doing some mining yourself, but seriously those eventhough we have low electricity cost but still the blocks difficulty is the barricade since we will get a hard time to get them.

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revolution82
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December 06, 2016, 10:32:21 PM
 #123

I have electricity for under .03 USD/KW for all in cost of electricity base rate + demand charge + fees+ taxes. I am looking for S7, S9 or Avalon miners I am currently running about 1.25 MW of mining gear and still have capacity. If you know of anyone looking to sell or even split hash rate PM me.
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December 10, 2016, 09:52:44 PM
 #124

i'm paying $ 0.045 and maximum $0.05 (more than 500 kwh) in  Algeria.

should i worry about building my own farm? i will start with one S9, its seems a good idea build a small personal farm in underground without telling anyone about it !!!
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December 11, 2016, 10:20:30 AM
 #125

Don't forget that you're all probably quoting residential rates. Electricity can be a lot costlier for businesses OR in some cases cheaper as governments keen to develop economy or technology can give tax rebates or subsidised electricity.

So it might be worthwhile to register a business if you're looking to mine, or simply keep your residential rates.

Electricity is free in Malaysia for the average single person user but increases with usage. I only know residential rates in my state start at MYR 0.18 and caps at MYR 0.31. That's a range of USD 0.04 to 0.075 per kW


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December 11, 2016, 03:36:08 PM
 #126

Don't forget that you're all probably quoting residential rates. Electricity can be a lot costlier for businesses OR in some cases cheaper as governments keen to develop economy or technology can give tax rebates or subsidised electricity.

So it might be worthwhile to register a business if you're looking to mine, or simply keep your residential rates.

Electricity is free in Malaysia for the average single person user but increases with usage. I only know residential rates in my state start at MYR 0.18 and caps at MYR 0.31. That's a range of USD 0.04 to 0.075 per kW



I didn't know there was different rates for a business and a residential one. I thought prices would be the same. I haven't checked for my country. But maybe if business electricity contracts might be lower than residential. Though electricity here is quite more expensive than other countries so, maybe researching how to lower electricity cost through connection classification (business/residential) is a good first step.


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December 12, 2016, 06:30:29 AM
 #127

the payment for electricity is never constant in every nation of the world because it what you might pay in the present month can be different the past month and so it is in every nation like most time i do pay $ 50 -60.per month some other people might even pay more then that within the cost of time.
arwin100
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December 12, 2016, 10:35:50 PM
 #128

the payment for electricity is never constant in every nation of the world because it what you might pay in the present month can be different the past month and so it is in every nation like most time i do pay $ 50 -60.per month some other people might even pay more then that within the cost of time.

its because each country have different cost of electricity and in our case we cannot find hardware mining here as profitable option for us since our electricity cost are more higher enough. and thats totally not sounds good if we want to run a mining hardware here in our place, but someone tolds that solar mining might be a good option also, but never ever tried it before and maybe  i will seek more information about this one to see and to sort things out.

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December 12, 2016, 10:42:07 PM
 #129

I don't pay a thing. Cheesy

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December 13, 2016, 12:39:12 AM
 #130

I don't pay a thing. Cheesy

Same Cheesy
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December 13, 2016, 09:33:41 AM
 #131

I don't pay a thing. Cheesy
Why are you not paying your electric bills? Are your connections illegal?  Or you have solar panel in your place? Or you have alternative way on having electric? If you have illegal connections that are bad because it my overflow the energy from the generator and it might explode. And might cause A fire in your place

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December 13, 2016, 10:19:21 AM
 #132

i'm paying $ 0.045 and maximum $0.05 (more than 500 kwh) in  Algeria.

should i worry about building my own farm? i will start with one S9, its seems a good idea build a small personal farm in underground without telling anyone about it !!!

$0.05/kwh for more than 500 kwh is a very good price so yeah, why not? If you have enough money to do it that's a great idea. I think it's hot in Algeria most of the time so building a farm in the underground is a right decision too. I think uderground temperature in Algeria is around 10°C. Am I right?

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December 15, 2016, 01:43:28 AM
 #133

0.40 TL / kWh (Turkey)   1 TL = 0,33 $ for now.

if you plan to come to turkey, think about it again .)


In our country Electricity is far cheaper.
 Grin
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December 15, 2016, 07:26:40 AM
 #134

i pay on electricity 200 dollars a month and i have more machines that's why.
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December 17, 2016, 10:11:39 AM
 #135

3,500 pesos (Philippines) a month.

Huhuhuhu.

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December 18, 2016, 08:54:59 AM
 #136

3,500 pesos (Philippines) a month.

Huhuhuhu.

From research that around $70 a month. Do you mine? Or is that from your own expenses, like your computer, refrigerator, Air conditioning, etc? And how much is the rate in your country? It's hard to decipher how much you are paying per KWH from just that info, so I wanted to ask these questions to you.

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mr.bitcoinerf11
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December 19, 2016, 12:16:41 PM
 #137

i live in apartment so i dont pay much

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December 23, 2016, 12:29:57 PM
 #138

I thought it might be neat to go around and share how much we all pay for electricity (or the equivalent at a hoster facility, etc)

I'll start:

11.0 cents / kWh    (Washington state)
when my Pc, Laptop and aircon are included, i think approximately range at $500 dollars something it always depend on what hardware i use to mine bitcoin. S9 miner is one

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December 23, 2016, 08:59:36 PM
 #139

5 Cents per Kwh...
Planning to offer place for large miners...
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December 24, 2016, 01:52:11 AM
 #140

23cents/kwatts in Southern California starting from next month. I'm about to return all my GPUs soon
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