The cost of electricity in the world

[nero987]

I'm paying €0.32 over here in Belgium...
Which is arround $0.36... Pretty expensive huh ...

[torepia]

Price for residents in Trondheim, Norway: 0.07$/KWH

If you built a farm next to a powerstation you could probably get rid of the power transportation costs, which would put the price at 0.02$/KWH.

[Agaguk24]

Canada .08$ per kilowatt... price has been increasing...

[kanazawa]

Brazil has the absurd cost of U$0.18 per KWh (~R$0.75/KWh).

Nobody's mining here. It's a shame.

 

[icem3lter]

Mad electricity prices is why Bitcoin network is becoming centralized.
Some miners have an unfair advantage when it comes to electricity prices, this is why the Bitcoin network is becoming centralized.

The Bitcoin network should have some sort of a cap on the max number of Bitcoins can be mined by an individual miner.

[wikenpp]

Mad electricity prices is why Bitcoin network is becoming centralized.
Some miners have an unfair advantage when it comes to electricity prices, this is why the Bitcoin network is becoming centralized.

The Bitcoin network should have some sort of a cap on the max number of Bitcoins can be mined by an individual miner.

Yeah or limit the ip/wallet etc.
Bitcoin being centralized is not good.

I pay 0.21 EUR cent (Germany). Quite a lot right.

[kanazawa]

Yeah, it's very expensive, but look...

The value of the brazilian Real, the currency I mean, it's now less than 25% of the US dollar, and much less than comparing it with the Euro or the British Pounds...

So... THE PRICE OF ENERGY here is VERY HIGH (much higher than it is in Europe).

Ps: the average wage here is beyond U$200.

IT'S A SHAME. A FUCKING SHAME !!!

Bloomberg report here: http://www.bloomberg.com/news/articles/2016-01-05/brazilian-real-volatility-surges-as-china-intervenes-in-selloff


Reuters: http://www.reuters.com/article/latam-emergingmarkets-idUSL1N14J1EE20151230

WSJ: http://www.wsj.com/articles/brazils-real-falls-sharply-against-dollar-1451922347

THIS IS WHAT MEANS "A FUCKED COUNTRY".

 

[Basteamore]

With the recent rise of value of US dollar, the cost of electricity drops in dollar term in other countries. So will the mining moves out of US?

[FullaSugah]

Hi there ,
I live in Romania and i can provide 0 cost for electricity is someone want to invest in mining . Please consider contact me if you wish to invest. I am not a scammer and we can make money if you wish to invest.

Alex

[icem3lter]

Hi there ,
I live in Romania and i can provide 0 cost for electricity is someone want to invest in mining . Please consider contact me if you wish to invest. I am not a scammer and we can make money if you wish to invest.

Alex

Please re-post this in the investment section. You probably won't get any investors because you are a newbie with 2 posts, and most probably a scammer.

[Amph]

Hi there ,
I live in Romania and i can provide 0 cost for electricity is someone want to invest in mining . Please consider contact me if you wish to invest. I am not a scammer and we can make money if you wish to invest.

Alex

if you're legit, why don't you invest yourself and offer share that you pay upfront, based on the hashpower that is bought by the investors? at least you can prove your legitimacy

[HeroCat]

I think Thailand have one of cheapest electricity in the world, but I do not know precise price. 

[data1]

Sorry... i do not know which country has cheapest electricity cost..
But i think there are prices starting from 7 cents to 20 cents at normal range for 1 unit power..

[icem3lter]

Bhutan has the lowest electricity price,
1.88-4.40 US cents per kilowatt

http://www.bpc.bt/utilities/electricity-tariffs/

Here in Montreal Canada I pay 6 cents per kilowatt.

[Betwrong]

Price for residents in Trondheim, Norway: 0.07$/KWH

If you built a farm next to a powerstation you could probably get rid of the power transportation costs, which would put the price at 0.02$/KWH.

That's really one of the lowest prices of electricity in the world. I never thought that in a country like Norway (which is a typical Western country IMO) you can have such prices. You should start mining mate. ) Good luck!

[MRKLYE]

0.076 cents CAD per KWH

[kanazawa]

the worst thing is that, places where electricity is very cheap, the infrastructure is very hard/expensive/inaccessible...

...and vice-versa...

there're some little exception***

[kanazawa]

Hi there ,
I live in Romania and i can provide 0 cost for electricity is someone want to invest in mining . Please consider contact me if you wish to invest. I am not a scammer and we can make money if you wish to invest.

Alex

hey dude... I'm realy doubtful, how could it be possible? 0 cost ?

thnkx

[mavericklm]

Maybe he needs the heat! and a cold beer

[Betwrong]

the worst thing is that, places where electricity is very cheap, the infrastructure is very hard/expensive/inaccessible...

...and vice-versa...

there're some little exception***

That's very true indeed. And IMO it is better to seek for cheap electricity (or ways to make it cheaper) in developed counties with good infrastructure than to struggle solving various problems arising in undeveloped countries where the electricity is cheap.

Of course there are some exceptions but in general I'd suggest to avoid countries where you risk your life for getting cheaper electricity.