Cheapest electricity in the world

[Zosergag]

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[Moris1987]

Anyone wants to establish business for mining in Ukraine, Serbia, Republic of Moldova contact me pm.  I can prepare all the necessary for the farm.

[loginov]

I am wondering which countries in the world have the cheapest electricity, and would thus be ideal for mining bitcoins.

I am from Australia, and I can tell you that we have some of the most overpriced electricity in the world, meaning I will probably need to go overseas if i want to mine competitively.

In my country, you can get unlimited electricity for $10 per month in villages. Problem is that there is power cut for 12 hours a day.

[baguetter]

All you need is a treadmill hooked up to the mining machine and excersice a lot.
You could even open up a gym to get double profits.

[galkind]

I am wondering which countries in the world have the cheapest electricity, and would thus be ideal for mining bitcoins.

I am from Australia, and I can tell you that we have some of the most overpriced electricity in the world, meaning I will probably need to go overseas if i want to mine competitively.

I think you can find cheapest electricity in India In fact, you can get admission here is some government college and use electricity for free.

[equestrianbucking]

The INR value is the lowest so I think they would have the lowest electricity price

[swallovwvile8]

I prefer to have my own solar or hamster powered electric mill than going from country to country for cheap electricity

[akishang]

The best for you is Philippines. The electricity here is cheaper compared to your country. If not then just consider the conversion rate of Australian Dollars to Philippine peso. Your money will be twice as worth as compared to your country (or even more than that if its a huge amount.). You will have issue on the weather if you are not used to hot weather but you can just buy an AC then stay on your room.

[Riverviwa]

The places having greater thermal or hydro powerplant surely has cheap electricity

[venturivenerable]

no idea of it really. I think more or less everywhere the rate is same

[impatientyoutubeJ]

no idea of it really. I think more or less everywhere the rate is same

[bargainspecial6]

The INR value is the lowest so I think they would have the lowest electricity price

[impatientyoutubeJ]

as far as I know iceland and ukraine has the lowest price and its as much low as 0.04$

[Ahyke93]

I dont think there is any part of the world where electricity will be so cheap, even in third world countries. However, an alternative source like gasoline, solar or petrol powered generator sets can be cheap depending on the country.
 

[jessequick]

Recently, I read the news that power stations in Russia will rent out premises that are located near stations in which the price for electricity will be the lowest

[Joe0101]

I have read one article on the internet and it says that Venezuela is the cheapest electricity. Maybe because they have a high reserve in oil.

[TwitterTreasure6]

The places having greater thermal or hydro powerplant surely has cheap electricity

[Cuma]

I would say China and Russia both have the cheapest electricity in the world

[wallstreetcoin]

Countries like Kosovo and Serbia have an average price of 6 euro per 100kWh while the average price in the countries of European Union is around 20 euro. I did not go into a deep research for this matter, but I have read this a few months back from several sources.

[Cryptomoom1007]

Consider solar please. Else India China have cheap electricity