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Author Topic: Cheapest electricity cost in India  (Read 42 times)
MZ4
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October 31, 2018, 11:14:10 PM
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Hello fellow Indian miners,

I would be visiting your beautiful country the next month and I would like to visit  some of the places that offer the cheapest electricity cost for mining in India? Also I would like to ask if government or local authorities can sign a contract for steady price of electricity.  
It would be great if you could help me and guide me.

On another thread I have read a post that Indian government is not promoting any crypto and could close all the related activities. Is that true?


I think OP would have closed the mining by now considering the government is getting harsh and would not be promoting the btc or any other crypto currency in the country. So anything related to mining or crypto is suppose to be closed. So no point taking further interest in it


Thank you all in advance.
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November 01, 2018, 07:48:26 AM
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It does not matter how cheap the electricity is anywhere. if you are planning to set up a farm you got to take the commercial license for that and that would costs you huge as these big apparatus consumes that much amount of electricity that you can’t imagine. Just for an instance , it can be compared that you are running a ship all with electricity plus they emit too much heat so you got to install the cooling systems , another thing that will consume electricity.

After doing all this you wont be able to make big profits from it, so it is suggested that instead of spending your money on such setup , buy cloud mining contracts for mining and you would end up making good profits, if you join the right company.

Surprisingly enough, electricity usage in India costs the lowest in Sikkim where, as per tariff orders dated between May 29 and May 30, 2017, in the lowest slab of billed electricity, power costs Rs 1.1 per unit. Mizoram follows closely with a cost of Rs 3.70 per KWH of domestic consumption. web developers india
MZ4
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November 08, 2018, 10:50:20 PM
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Thank you for your detailed answer. Do you have any idea what is the cost of a commercial license?
Also from what I have seen from the google map Sikkim has not a lot of space to setup an industrial mining farm. Do you have any idea how it is there? The price is ultra competitive.

Unfortunately we are not interested for cloud mining.
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