Bitcoin Forum
December 04, 2016, 08:38:03 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3] 4 5 6 »  All
  Print  
Author Topic: Cheapest electricity in the world  (Read 20616 times)
usPooL
Newbie
*
Offline Offline

Activity: 5


View Profile
May 04, 2013, 11:21:07 PM
 #41

You know what would be killer??
ASIC for scrypt mining.
1480883883
Hero Member
*
Offline Offline

Posts: 1480883883

View Profile Personal Message (Offline)

Ignore
1480883883
Reply with quote  #2

1480883883
Report to moderator
1480883883
Hero Member
*
Offline Offline

Posts: 1480883883

View Profile Personal Message (Offline)

Ignore
1480883883
Reply with quote  #2

1480883883
Report to moderator
1480883883
Hero Member
*
Offline Offline

Posts: 1480883883

View Profile Personal Message (Offline)

Ignore
1480883883
Reply with quote  #2

1480883883
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480883883
Hero Member
*
Offline Offline

Posts: 1480883883

View Profile Personal Message (Offline)

Ignore
1480883883
Reply with quote  #2

1480883883
Report to moderator
1480883883
Hero Member
*
Offline Offline

Posts: 1480883883

View Profile Personal Message (Offline)

Ignore
1480883883
Reply with quote  #2

1480883883
Report to moderator
1480883883
Hero Member
*
Offline Offline

Posts: 1480883883

View Profile Personal Message (Offline)

Ignore
1480883883
Reply with quote  #2

1480883883
Report to moderator
CeltixBos
Newbie
*
Offline Offline

Activity: 15


View Profile
May 04, 2013, 11:22:55 PM
 #42

Solar power is the way to go. I wish everyone could invest in a few panels.


Would be the best thing humans could do for the planet.
panholic
Newbie
*
Offline Offline

Activity: 5


View Profile
May 21, 2013, 01:56:28 AM
 #43

Dubai for more than 10000 kWh per month charge residencial/comercial. Cost is about $1000/10000kWh
Thats the top of the range charge 38 fils/1 kWh (100 Fils = 1 Dirham UAE)

 
noelmal
Sr. Member
****
Offline Offline

Activity: 265



View Profile
May 21, 2013, 04:31:25 AM
 #44

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.

well Australia has the most sun so the cheapest electricity Wink
lulzpid
Newbie
*
Offline Offline

Activity: 5


View Profile
May 21, 2013, 04:41:33 AM
 #45

Nuclear power is pretty much the best solution. Unfortunately due to our shitty government I cannot develop a small reactor without being blown up by a drone.
Elein
Newbie
*
Offline Offline

Activity: 18


View Profile
May 21, 2013, 05:10:43 AM
 #46

In my contry I think is pretty expensive, 1dll = 10 kw/h
noelmal
Sr. Member
****
Offline Offline

Activity: 265



View Profile
May 21, 2013, 06:47:40 AM
 #47

Nuclear power is pretty much the best solution. Unfortunately due to our shitty government I cannot develop a small reactor without being blown up by a drone.

buy your own drones Wink
carbocation
Newbie
*
Offline Offline

Activity: 10


View Profile WWW
May 21, 2013, 06:51:21 AM
 #48

You know what would be killer??
ASIC for scrypt mining.

scrypt requires a fixed amount of RAM per thread (this is one of its major features). So to make scrypt highly parallelized, you'd also need tons of RAM. (Right now, litecoin is tuned such that each thread requires only ~128kb, but even that meaningfully limits how many parallel hashes you could compute.)

Ask Bitcoin, a Hacker News for Bitcoin (http://askbitcoin.com)
dommyet
Newbie
*
Offline Offline

Activity: 7

Geek


View Profile
May 21, 2013, 07:16:31 AM
 #49

i am now a university students and i live in school. our electricity price is very cheap, about 0.08USD/kwh. However, i did modification to the electricity meter and now i am using free electricity.
villian
Newbie
*
Offline Offline

Activity: 5


View Profile
May 21, 2013, 07:44:12 AM
 #50

If you really want to mine with high electricity cost, try FPGAs
ganabb
Sr. Member
****
Offline Offline

Activity: 434


View Profile
May 21, 2013, 08:20:06 AM
 #51

Canada is cheap

Dexter44
Sr. Member
****
Offline Offline

Activity: 280



View Profile
May 21, 2013, 08:46:19 AM
 #52

Pv panels = free energy
Adano
Member
**
Offline Offline

Activity: 108


View Profile
May 21, 2013, 10:55:16 AM
 #53

South Korea is cheap. About 0.07 USD/kWh for industrial purposes. Even cheaper for farmers.
But extremely expensive for houses and the more you burn the more you pay for every kWh. Up to 0.5 USD/kWh

Flatter me, and I may not believe you. Criticize me, and I may not like you.
Ignore me, and I may not forgive you. Encourage me, and I will not forget you.
dommyet
Newbie
*
Offline Offline

Activity: 7

Geek


View Profile
May 21, 2013, 11:17:18 AM
 #54

You know what would be killer??
ASIC for scrypt mining.


i don't think this will come true in a short time. so LTC mining is much more FAIRER then BTC mining. everyone can get devices that are almost the same, i think finally the man who has FREE ELECTRICITY will win this competition.
strange
Newbie
*
Offline Offline

Activity: 14


View Profile
May 21, 2013, 11:19:52 AM
 #55

Right now I wish I didn't live in the UK  Sad
Adano
Member
**
Offline Offline

Activity: 108


View Profile
May 21, 2013, 11:31:49 AM
 #56

i don't think this will come true in a short time. so LTC mining is much more FAIRER then BTC mining. everyone can get devices that are almost the same, i think finally the man who has FREE ELECTRICITY will win this competition.

There is no such a thing as "free electricity", and I think you know that.

Yes, you can steal few MWh/month for few months or even years may be. But you are not going this way if you invested seriously in hardware. Data-center using cheap but legal energy wins and owner of few videocards running free but illegal energy loose.

Flatter me, and I may not believe you. Criticize me, and I may not like you.
Ignore me, and I may not forgive you. Encourage me, and I will not forget you.
Adano
Member
**
Offline Offline

Activity: 108


View Profile
May 21, 2013, 12:01:33 PM
 #57

i don't think this will come true in a short time. so LTC mining is much more FAIRER then BTC mining. everyone can get devices that are almost the same, i think finally the man who has FREE ELECTRICITY will win this competition.

There is no such a thing as "free electricity", and I think you know that.

Yes, you can steal few MWh/month for few months or even years may be. But you are not going this way if you invested seriously in hardware. Data-center using cheap but legal energy wins and owner of few videocards running free but illegal energy loose.

Well. I'm wrong. There is free but legal energy. Almost free and absolutely legal. Almost free, not free.

Flatter me, and I may not believe you. Criticize me, and I may not like you.
Ignore me, and I may not forgive you. Encourage me, and I will not forget you.
ning
Full Member
***
Offline Offline

Activity: 173



View Profile
May 21, 2013, 05:45:58 PM
 #58

If you are living in a college dorm...
symzzi
Member
**
Offline Offline

Activity: 60


View Profile
May 21, 2013, 06:07:21 PM
 #59

Pretty expensive here in London.

Nowhere near enough to stop me mining but enough to make a significant dent in my revenue  Angry
kodo
Jr. Member
*
Offline Offline

Activity: 42



View Profile
May 21, 2013, 06:26:49 PM
 #60

It would be so epic to have a solar panel miner

Just A Guy Interested In Bitcoins
Pages: « 1 2 [3] 4 5 6 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!