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pnbamania (OP)
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January 22, 2017, 10:39:59 PM |
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Hi, I am a NRI from india and I am in North America, I mine BTC but electricity bills are crazy! What do you guys pay for your electricity in india? I might move my hardware to india!
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Nam3
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January 23, 2017, 12:56:28 PM |
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I'm not sure what you pay for electricity abroad, but here it's approx ~RS 5 (0.07 cents) for a unit.
If you're interested in moving your hardware, drop me a PM. I'm ready to discuss this on Skype as needed.
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bitcoinisbest
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January 23, 2017, 05:34:50 PM |
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I'm not sure what you pay for electricity abroad, but here it's approx ~RS 5 (0.07 cents) for a unit.
If you're interested in moving your hardware, drop me a PM. I'm ready to discuss this on Skype as needed.
Are you currently minning in India or planning to start a new mining filed? Also I am trying to understand what are the coins currently people are mining reason many have left mining due to no profitability in near term. |
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Nam3
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January 23, 2017, 05:36:43 PM |
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I'm not sure what you pay for electricity abroad, but here it's approx ~RS 5 (0.07 cents) for a unit.
If you're interested in moving your hardware, drop me a PM. I'm ready to discuss this on Skype as needed.
Also I am trying to understand what are the coins currently people are mining reason many have left mining due to no profitability in near term. Check whattomine.com |
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mrkhan9396
Newbie
 Offline
Activity: 8
Merit: 0
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January 24, 2017, 11:24:02 PM |
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hi i am mining here with s7 and s9 and some gtx 1070 cards if u like to join me ping me at my whatsup +917013841237 are mail me mrkhan.9396@gmail.com |
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DomainMagnate
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January 25, 2017, 11:28:00 AM |
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Hi, I am a NRI from india and I am in North America, I mine BTC but electricity bills are crazy! What do you guys pay for your electricity in india? I might move my hardware to india!
The electricity rates differ vastly from state to state in india.You can check each state's electricity board official website to get the latest rates. How do you plan to move your hardware as you live in North America? Do you plan to send them to some of your local friend or relative? if yes then check the electricity rate in their area. Rates also differ in rural and urban areas and so is the time of power supply. |
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topherhf
Member
Offline
Activity: 100
Merit: 10
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January 26, 2017, 05:07:05 AM |
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I can cover electricity costs if profits will be shared. Do Message me for more details.
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nizamcc
Legendary
Offline
Activity: 1218
Merit: 1007
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January 26, 2017, 11:02:51 AM |
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Hi, I am a NRI from india and I am in North America, I mine BTC but electricity bills are crazy! What do you guys pay for your electricity in india? I might move my hardware to india!
The electricity rates differ vastly from state to state in india.You can check each state's electricity board official website to get the latest rates. How do you plan to move your hardware as you live in North America? Do you plan to send them to some of your local friend or relative? if yes then check the electricity rate in their area. Rates also differ in rural and urban areas and so is the time of power supply. That's right, every place has its own set rates and it's still not easy to define the rates because government sends the bills accordingly to the people they watch, who use electricity at a much higher pace than others. Also, not easy to move his hardware here, but OP must have something in their mind based on which they said that they are planning to take such a step. I would suggest to check places like J&K and some Union Territories as electricity is very cheap there. |
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Pattberry
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February 05, 2017, 09:32:59 PM |
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hi i am mining here with s7 and s9 and some gtx 1070 cards if u like to join me ping me at my whatsup +917013841237 are mail me mrkhan.9396@gmail.comIt will be good if you provide some details and photographs showing your mining rig so that more people will be interested in knowing more about the feasibility of running a mining farm in India and with the climate not in favor how are you managing to control the heat and noise produced by the equipments. |
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zahra4577
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March 10, 2017, 11:51:37 AM |
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Hi, I am a NRI from india and I am in North America, I mine BTC but electricity bills are crazy! What do you guys pay for your electricity in india? I might move my hardware to india!
Are you still interested? I can bear the cost of electricity because I have an agricultural land and get subsidized power for this.I can mine it and share the profit.We can also go for some written agreement. |
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Rude Boy
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March 10, 2017, 04:40:09 PM |
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The electricity rates differ vastly from state to state in India. You can check each state's electricity board official website to get the latest rates.
because,production rate and sale rate is more different,if you start mining with name of shop or industry or private limited, Indian government will give some price reduction for electricity bills.
How do you plan to move your hardware as you live in North America? Do you plan to send them to some of your local friend or relative? if yes then check the electricity rate in their area.
Rates also differ in rural and urban areas and so is the time of power supply.
But,in Tamil Nadu we don't pay electricity bill,because,our Tamil Nadu government pay for us (Only for the first 100 units, after that you've pay the electricity bill and it'll differ depends upon the purpose of use).
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Smarty14392
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April 08, 2017, 02:51:13 PM |
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In my state i have quite low electricity cost and it dosent matter on my mining. But currently i just mine on CPU. my pc works for some 7-8 hours each night and i get a minimum bill of some 200-300rs 😁 But i get profit of some 50-60rs excluding electricity cost😂😂😂
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bitcoinisbest
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April 13, 2017, 05:47:35 AM |
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In my state i have quite low electricity cost and it dosent matter on my mining. But currently i just mine on CPU. my pc works for some 7-8 hours each night and i get a minimum bill of some 200-300rs 😁 But i get profit of some 50-60rs excluding electricity cost😂😂😂
Where do you belong to and what coin do you mine for 7-8 hours? Do you get profit of 50 -60 Rs each day or monthly? Not sure if anywhere the electricity cost in India is free unless if ts illegal set up? |
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Smarty14392
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April 13, 2017, 05:53:14 AM |
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I live in india and i have stuck all my miners in almost some 20-25 cyber cafe😂😂
as soon as they start their cpu they start mining my coins.😂
You can also use it to decrease electricity cost and to make profit without much hard work
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