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Author Topic: How much is your electricity bill?  (Read 2591 times)
CryptoDanny
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September 13, 2017, 02:42:17 AM
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Just wondering how much the average electricity cost is for running a miner. I currently live in an apartment complex that provides unlimited utility use for a flat rate. I'd love to set up mining, so I'd like to get an idea of how much I would be saving by running it in this complex
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cryptonewsID
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September 13, 2017, 02:47:14 AM
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$140/months , our electric cost $0.11 per kwh
I have 2 mining rigs with specification
2 x rx470 saphire 470 nitro oc 8gb, 3 asus strix rx480 4gb, 1 xfx rx480 4gb,

zotac 980ti amp 6gb, 1 x DA 980ti jetstream 6gb, 3 x Galax GTX 1060 OC dualfan

CryptoDanny
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September 13, 2017, 02:55:20 AM
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$140/months , our electric cost $0.11 per kwh
I have 2 mining rigs with specification
2 x rx470 saphire 470 nitro oc 8gb, 3 asus strix rx480 4gb, 1 xfx rx480 4gb,

zotac 980ti amp 6gb, 1 x DA 980ti jetstream 6gb, 3 x Galax GTX 1060 OC dualfan

How much a month do you think you make based off BTC or USD with that set up?
cryptonewsID
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September 13, 2017, 05:06:13 AM
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$140/months , our electric cost $0.11 per kwh
I have 2 mining rigs with specification
2 x rx470 saphire 470 nitro oc 8gb, 3 asus strix rx480 4gb, 1 xfx rx480 4gb,

zotac 980ti amp 6gb, 1 x DA 980ti jetstream 6gb, 3 x Galax GTX 1060 OC dualfan

How much a month do you think you make based off BTC or USD with that set up?
i can get about $430 - $450 /month exclude electric cost. in indonesian have expensive cost of electricity so we just can get ROI 7 - 8 month

Iuvanis
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September 13, 2017, 08:19:58 AM
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Just wondering how much the average electricity cost is for running a miner. I currently live in an apartment complex that provides unlimited utility use for a flat rate. I'd love to set up mining, so I'd like to get an idea of how much I would be saving by running it in this complex
You need to give your "flat rate" information and watt limit at your apartment, to check the profitability you can just go to some website that have a profitability calculator.
Example: https://indohash.io/calculator
Just put your electricity cost to $0 and you'll get the simulation result.
Formula: Your result (From calculator) - Pool Fee (Result*[depending on your pool, usually 1%~2%]) = Total result.
castiel0504
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September 13, 2017, 01:44:37 PM
 #6

In Serbia : 0-299 KW 0.05 KW/H 300-1599 KW 0.07 KW/H 1600+ KW 0.15 KW/H

I still dont have miner, but i am planning to buy one anytime soon ^^ , other then that i am paying electricity regularly from 80-100$ each month, when its winter i pay even up to 300$ :O

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cryptovn83
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September 13, 2017, 04:09:57 PM
 #7

In Vietnam I pay monthly about $30.
it's cost about 0.1$KW
It's hard to compare with each other country due it depend on the GDP, income etc.
So you can thought it's cheap from your side but it's not cheap for local people.
sikkan
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September 14, 2017, 03:11:31 AM
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Its not that much since my rig is fairly small. Pulls around 600w at wall and at a rate of 0.07 usd/kw its around 30 usd/month. The profit is around 90 usd/month so no big money. However, with a more diversified portfolio thanks to my rig I am building up a larger sum faster and faster Smiley
patrolmi
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September 15, 2017, 02:01:15 AM
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Take the wattage ie. 1000 Watts.  Multiply by hours ie. 24  = 24000 watts used.  Divide by 1000 because energy is measured in kilowatt hours. So you get 24kwh.  Multiply that by your rate ie 10 cents.  You get $2.40 per day per 1000 watts used.  I have 8 miners consuming 1100w each so my bill is about $600 per month.
achmir
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September 19, 2017, 11:25:05 AM
 #10

0! Free electricity in the dorm  Cool Can't fit many miners in the room tho =/
OliverHall
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September 19, 2017, 04:58:55 PM
 #11

In the province of Québec (Canada), electricity price is USD$ 0.047 / kWh for the first 33 kWh accumulated in a month and then it's USD$ 0.073 / kWh if more than 33 kWh total.

designer24
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September 19, 2017, 06:05:43 PM
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$0.
I do all of my works at Starbucks, Public Libraries, offices which include utilities in their bills.
I never pay anything for utilities.
QuintLeo
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September 19, 2017, 09:19:54 PM
 #13

In the province of Québec (Canada), electricity price is USD$ 0.047 / kWh for the first 33 kWh accumulated in a month and then it's USD$ 0.073 / kWh if more than 33 kWh total.

 33 KWH.

 Ouch.

 That's not even one DAY for my farm - more like 2 hours and change.

Philopolymath
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September 20, 2017, 01:08:33 AM
 #14

Well I'm expecting 8x 1350w x24 hrs =360 Kw/Hrs/day x $CDN 0.065 = $CDN 17.0/Day..so x 30 = Say 500/month..
So seems Ottawa is cheaper but both provinces have high extra fees...and exceptions for rural farms

8x S9's and  A Polarity Controlled  Electric Gyroscope
QuintLeo
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September 20, 2017, 08:29:27 AM
 #15

My last electric bill was a little over $500 (US) - but that's several rigs, some ASIC some GPU, some misc small stuff like the electric water heat and microwave and my "Gaming" computers, 2 fairly large Evap coolers and a mid-large window A/C for the "gaming" room, I think the total will be getting close to 20kw average draw by the end of this month.

Ahmedcss28
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September 20, 2017, 10:23:55 AM
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Here in Tunisia electricity is not expensive at all my bill never bassed 50$ !! So i dont care a lot about electricity bill
OliverHall
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September 20, 2017, 03:39:10 PM
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My last electric bill was a little over $500 (US) - but that's several rigs, some ASIC some GPU, some misc small stuff like the electric water heat and microwave and my "Gaming" computers, 2 fairly large Evap coolers and a mid-large window A/C for the "gaming" room, I think the total will be getting close to 20kw average draw by the end of this month.


How many bitcoins are you mining a day?

amktt
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September 21, 2017, 02:42:55 AM
 #18

god 0.11$ is alot i cant continue mining...

Bonakid
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September 21, 2017, 06:20:07 AM
 #19

The price of my electricity now in peso is 991.00 i didnt know what kilowatts is this.i have some appliances like aircon,television ,two electric fan and a refrigerator.

MaxMolotov
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September 21, 2017, 06:24:31 AM
 #20

Ukraine, 3x1200kWh, so it's about 6,5 USD per day. 1kwh =0.07 usd
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