The cost of electricity in the world

[anx]

[...] Who does/where can I find that?

Call your local power company?

or check their website for the current prices on power and distribution

[Kprawn]

This is the main reason why I cannot mine in my country of origin.

The electricity prices are crazy and VERY unstable too... and that is any miners worst nightmare.

You should consider stability with cost... You might have VERY cheap prices, but it might be VERY unstable too...

We had to run diesel generators for 1 to 2 hours a day, when power outages occured, and that made mining impossible. {The cost of fuel was more than what the return on mining would have been}

[juraj1301]

Hey...here in croatia is getting low because new gouverment is here

[picolo]

Hey...here in croatia is getting low because new gouverment is here

Free is better than low.

[naoufel]

I am just new to mining and bitcoin and just working it out if is good or bad investment . But I live in Algeria and price of electricity is :0,017 euro for the first 128 kwh then 0,038 euro after which is about 0.04 usd .

[MichaelBliss]

Mongolia.  It is free there.   

[lolled]

I am just new to mining and bitcoin and just working it out if is good or bad investment . But I live in Algeria and price of electricity is :0,017 euro for the first 128 kwh then 0,038 euro after which is about 0.04 usd .

Nope not worth starting mining anytime now. Next year halving happens, you will have more loss.

[runningfree]

Well the cheapest is definitely not in Europe. Perhaps South America somewhere, Ecuador?

[cryptovigilante]

I read somewhere that electricity in turkmenistan is free. Does anybody know if this is true?

energy free? i doubt

[picolo]

I read somewhere that electricity in turkmenistan is free. Does anybody know if this is true?

energy free? i doubt

Since 1993, citizens have received government-provided electricity, water and natural gas free of charge on a guarantee scheduled to last until 2030.[8]

Apparently yes but I bet it's not an illimited amount.
Cloud mining companies should all go where the electricity and maintenance costs will be cheaper and where the regulation, weather and all aspects are good for cloud mining. Most of them go there but not all.

[philipma1957]

Is mining even profitable, even if you have free electricity ?

duh  what do you think the answer is to your question?  Hint begins it  with a Y and  ends with an s

[dsly]

Well the cheapest is definitely not in Europe. Perhaps South America somewhere, Ecuador?

I would say somewhere more cheaper in Asia. However Europe having a lot of natural resources should make it the cheapest.
Surprised that its not.

[lolled]

Well the cheapest is definitely not in Europe. Perhaps South America somewhere, Ecuador?

I would say somewhere more cheaper in Asia. However Europe having a lot of natural resources should make it the cheapest.
Surprised that its not.

Well the infrastructure cost for that is huge and due to that they are not able to deliver electricity at a very low cost.

[juraj1301]

Hi,

Which country has the cheapest electricity and how much is costs?

here in croatia,price of our electricity is one of the lowest in EU... But now is getting higher.

[MarkMJ]

Hello,

In my country is about 0.14$ and i'm from romania!not happy at all anymore.

[btcminer021]

I think you would need to standardise on a conversion currency, say $

I thought that would be obvious to people... guess it bears stating bluntly based on the the responses...

[MilesJohan]

Mongolia.  It is free there.   

Even them, I am surprised there aren't mining hubs there.

[Pepin]

I am in Shanghai, China, and my electric bill says that it is $.10 US per kilowatt hour during the day and $.05 US per kilowatt hour during the night. It doesn't say what hours are considered night time or day time, but from the amount of electricity used, I am guessing that the night time rate is for between 7-8 hours per day.

[najzenmajsen]

probably china or something near there, also i heard that in russia they still are able to use the old magnetic trick to have free energy lol

" old magnetic trick "
what is that O_o

[RealMalatesta]

From what i can see from replies , Here in Sudan we have the most cheap industrial power , only 2 cents per Kw for industrial area.

The prices seem indeed to be pretty low:

http://www.rcreee.org/sites/default/files/rs_latest_-electricity_-prices_schemes_in_rcreee_-ms_6-2013_en.pdf

How is electricity produced there? And sorry if I don't know a lot about your country, but I guess that the climate also requires some cooling. So if you consider this, how much would the price per kW be?