Do you abuse on your cost of electricity when you mine?

[puremage111]

Perhaps some of you might not get the title, in my country, most people have practices to either limit the electricity meter, or do any tricks so the cost of electricity could be voided.

But IMO, this is a very bad practice.

Cryptocurrency industry is just growing and people who don't understand on it are usually having bad perspective on it.
So now with the rapid introduction of crypto mining, people here tried to abuse and voided their cost of electricity for more profit.

In your opinion, is this something that you can accept?

[1714236681]

1714236681

[1714236681]

1714236681

[CoinSavvy]

To me, any of these practices is regarded as cheating which will eventually turn to you the same way. It's bad for my karma, so I wouldn't do or accept anything like that.

[Psynthax]

Perhaps some of you might not get the title, in my country, most people have practices to either limit the electricity meter, or do any tricks so the cost of electricity could be voided.

But IMO, this is a very bad practice.

Cryptocurrency industry is just growing and people who don't understand on it are usually having bad perspective on it.
So now with the rapid introduction of crypto mining, people here tried to abuse and voided their cost of electricity for more profit.

In your opinion, is this something that you can accept?

But honestly i can accept that as a good thing, and the mining waste a lot of the energy and that must be changed by the way. And remember mining is not friendly with our environtmen.
Because to generate the energy need a lot of the important thing that can't be renewable.

[Tony116]

I don't like any tricks to cheat electricity company or somebody else. If you are miner you should take risks and calculate everything for the worst case. It's only your decision to mine or not to mine)))

[Searing]

I get like 2 or 3c knocked off ....in the winter....in that my electric company thinks I'm depending on electric for major heating method on my house
this is not a low income type break...this is for anyone regardless of income that uses electric to pay for the majority of heating their house in the winter here

kinda true the ASIC's heat the house now I use barely any gas in the winter for heat (boiler heat when I use gas)...so going with it

in that, I heat the house with the ASIC's in the basement and they act like frigging space heaters anyway ..I'll take that bet

I told the elec company it was 'server equip' and they could inspect....the lady just rubber stamped it..did not even fib...

compared to everyone else heating their house with electric baseboard heating I fit right in....

they also have a deal with the gas company to watch for cheating (ie your gas bill is high and your supposed elec heat bill is also high)

but hey, been heating the house in winter for the last 4 years......I think at 16 bucks a month min to pay gas company I'm also 200 bucks ahead in the green on the balance

it just rolls over

anyway, the only angle I have ever seen on electric...that and using 220v on all your equip...120v say like in the USA is not that efficient

[puremage111]

Perhaps some of you might not get the title, in my country, most people have practices to either limit the electricity meter, or do any tricks so the cost of electricity could be voided.

But IMO, this is a very bad practice.

Cryptocurrency industry is just growing and people who don't understand on it are usually having bad perspective on it.
So now with the rapid introduction of crypto mining, people here tried to abuse and voided their cost of electricity for more profit.

In your opinion, is this something that you can accept?

But honestly i can accept that as a good thing, and the mining waste a lot of the energy and that must be changed by the way. And remember mining is not friendly with our environtmen.
Because to generate the energy need a lot of the important thing that can't be renewable.

But they still uses the same amount of electricity, just they either paying it less, or not paying it.
Anyhow cost of electricity per kwh is around $0.1-$0.15