Re: MegaBigPower Opens Buyback for Unprofitable Bitcoin Miners
Huh, the Canadian province of Labrador has about those electricity prices. For big customers they go down to almost $0.02/kwh on the nose.
I heard kuwait has power that is $0.01/kwh. And venezuela goes down to $0.0063/kwh (if you use the actual exchange rate). I've got a feeling the latter two countries might be difficult to set up datacenters in, though. Heh.
Kuwait is indeed the place to go. Apart from the nice climate the electricity rates are awesome:I heard kuwait has power that is $0.01/kwh. And venezuela goes down to $0.0063/kwh (if you use the actual exchange rate). I've got a feeling the latter two countries might be difficult to set up datacenters in, though. Heh.
http://www.mew.gov.kw/en/?com=content&id=93&act=view
So if you have connections that enable you to become a "supported industrial company", you end up
with 0.0033 $/KWh. (Note that one Dinar is 1000 fils, not 100
)You should probably double your planned consumption in order to keep your gear cool in the 120 deg
desert, but still it sounds like a good plan. (Is there a way to cool miners using fresh water flowing
through heat sinks and being dumped right after? If you check the fresh water rates, that looks
tempting, too..)