Quote from: Jamphone on March 11, 2015, 10:29:27 PM

Quote from: WoodCollector on March 11, 2015, 09:53:07 PM

Not calling you out or anything but after a month long intensive search wherever you are getting your power from is not listed or does not exist as far as the U.S. Energy Information Administration is concerned. Would you mind taking a picture of a bill? You can black out EVERYTHING except the XXXX Kw used, and the "pay this amount" line. Also if you do that would you mind telling me what power district you are on? You dont have to divulge your city or specific location or anything, just the power company as i may be interested in buying some real estate in that vicinity. When i called the USEIA last month they said that the cheapest electric prices including delivery or transmission as some companies call it was $0.10858 / Kw and was in Washington State and that was the data published in January of this year for the annual survey. Not saying you are wrong, i would just like to see it for my own eyes if you know what i mean. Before i start digging through Zillow.com like a mad man looking for real estate.

He's not lying. You've got to look county by county. There are a handful of places where you can get energy prices low enough to host. I host too, and also charge my clients a fraction what you pay the power man.

That being said, bitcoin miners have used up the spare cheap capacity in most of these jurisdictions already.

I'm not saying he is lying at all, just that i would like to see it documented and if he would, to know the county / power district that it is for before i go hog wild on looking for real estate in that region. I already wasted a handful of days calling around to providers in Washington to find the "sweet spot", some of them had electric as low as $0.08 Kw, but the transmission fees included it averaged out to $0.10 or higher. I just want to see the documentation before i go through the motions, and to know where that sweet spot is. I can run a fair amount of miners on my 250's but i could only put up 2 of them. Solar is not an option for me and i want to expand a little after i have had the farm up and running for a few weeks as all things considered i will break even in about 6 months on the first farm. Beyond that, its not really about turning profit so much as it is as i think that letting mining go purely commercial destroys everything that bitcoin is. It is no longer a decentralized currency when a dozen companies control 80% of the network, and we are quickly approaching that point. By the time the halving hits, if efficiency, hash rates, and current MFG. trends continue, you will not be able to break even on your investment with less than a $30k-$100k investment and even then only if you have self sustaining power that has already paid for itself or dirt cheap electric. At that point i can easily see 70%-80% of mining gone commercial and with that, i could no longer support the cause or movement of bitcoin as it would not be a decentralized alternative to fiat any longer. Long story short, rather than bitch about how bogus mining bitcoin has become, and how corporate asic mfg's are getting in their B2B only sales, i have taken some extra cash i had left over from wood buying this past year and invested it in doing something about the problem that is quickly coming upon us.