Cheapest electricity in the world

[forexhercules]

There is no way on earth you will find a country cheaper than EGYPT.

if you have a building under construction or an apartment, you can ask for electricity at 2150 egp monthly  or around 120$ monthly no matter how much electricity you consume.

so if you have more than one miner, you should come to Egypt now.

[Avaemily]

HI

According to My research India also have Cheapest Electricity Cost.

[rolerVX]

Cheer to you mate... More claps is worthy to you by sharing your intentions and desires also your dream being here.
It is given that mining needs much capacity of electricity and much amount of money to fulfill your desires. I think you can search where is the cheapest electricity in the world.

[vbcrypto]

Hi, in Ukraine and Russia is the cheapest electricity.

[vishnu_g]

0.2$ in my country considering other regions it's still high

[Rabblerah112]

Argentina is pretty cheap electrically speaking. 

[popoyuyun]

I think in Asia cheap electricity prices because of the many natural resources

[SELENA703]

I'm from UK. I think our electricity is too cheap.

[h55]

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.

Venezuela has cheapest electricity energy in the world but U can use the Energy of Sun if you want to trade "sollar plans"

[FreshMoff]

Probably all comes at a cost.. sometimes hidden costs.
You might find cheap electricity in relatively underdeveloped countries for example, but the infrastructure won't quite be there to support the rest of your operation (or crime might make that difficult).

Or in a super first world scenario, cheap electricity might be available, but rental etc. are through the roof

[compimprove]

Excellent. Thanhks for all your information.

[SchiefelbeinBTC]

I dnt think you will find any country such because every country has their own expensive electric probleme more.

[remauto1187ma]

Yes, solar power will be the cheapest way

You are crazy. It takes DECADES for solar to pay for itself.  Do you have a clue how much room all the solar panels and battery banks take up? Do you know anything about a solar power system other than it has pretty reflective panels and wires attached?  Have any idea how much the power converters would cost? It aint cheap. None of it.  And then there is the problem of WHO IS GOING TO MAINTAIN IT? Dreamers....they keep on dreaming.

[remauto1187ma]

Im rocking .05 per kw/h here in west central Indiana.  So my power bill for my rigs aint nothing compared to what I am paying for GPU's weekly.

[BrandeXMRLOVER]

If you can work double during day then you may go for solar power. They can supply electricity during day time only free of cost.

[ToyMonster]

heard that price in Iceland and Ukraine is very low just 0.04$. You can settle there and start your mine if you want so.

[omegaxdr]

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 Ecuador is 0.4 per kwh, If someone want to move overseas their mining rigs or asic let me know,  i am sure we will find a solution. Hope to not brake any rule in the forum .

[remauto1187ma]

If you can work double during day then you may go for solar power. They can supply electricity during day time only free of cost.

Thats a very dumb idea.  It would be smarter to take the enormous amount of cash needed to pay for that big of a solar farm to suit mining rig needs and just use the $$$ to buy MORE GPU's!  The rigs will more than pay for the power consumed and then plenty of profit along with ROI.  Treehuggers are some of the most illogical creatures!

[Mumei19]

i think it is vietnam

[Saverenergy]

You do not need to go abroad to mining bitcoin. Try use power from environment. Water, wind, sun, every with this things can generate power. Thank to her you can mining for free, one thing what you must do is buy or do generator for one of this aspects

I think if in a country where you are mining coin very expensive electricity, it is easier to place your equipment in a country where electricity is much cheaper. But investing in equipment for obtaining energy from natural resources such as sun or water is a stupid idea. With this money, you can buy equipment for mining and start making money immediately, rather than wait until your solar panels pay off. For example, in Russia in some regions the price for electricity is only 0.02 dollars.