Quote from: dkaufman on April 05, 2015, 04:01:38 AM

Quote from: Prelude on April 05, 2015, 03:40:36 AM

Quote from: kano on April 05, 2015, 03:11:47 AM

The S5 runs 24/7 but the S3s are off during peak electricity cost (~50c/kWhr)

50c/kWhr!? What the hell! That's insane!

He said it's autumn there, so I assume that means he's quoting the price of electricity in AUD not USD. The exchange rate is like .7 AUD = 1 USD so his 50 cents is roughly equal to 35 of ours (us being we USA-ites).

And that seems about right. According to this chart:

Electricity prices around the world in $/kWh
http://shrinkthatfootprint.com/average-electricity-prices-kwh#more-3858

The average Aussie pays .29 usd /kWh while the US average is .12 cents -- I pay .08 $/kWh because Pennsylvania is frackland and the natural gas glut is currently keeping our electricity unusually cheap.

In fact, I wanna buy an abandoned factory with utility grade power and start a mining farm.

Then I could stop commuting 90 miles to NYC every day for a living... anyone want to bank roll that? I got just the place all picked out... :-)

Well, not quite

That graph is 4 years ago (2011)
It's also got nothing to do with the exchange rate. Each year it usually goes up.
Though, it recently went down a little due to tax changes, not up, as the exchange rate got worse.
It never changes based on the exchange rate.

The AU$ vs the US$ over the last 5 years has been all over the place: both better and worse.
http://www.xe.com/currencycharts/?from=AUD&to=USD&view=5Y
For most of 2011 (when that link you posted says) it was better than the US$

Since Aug last year the exchange peak has been 0.94 and today it's 0.76

---------------------------------

There are 2 basic ways of paying electricity in Aus
Peak/OffPeak and Banded
I use Banded (for many years now) coz mining 24/7 works out a better average price over the 24/7

I have price bands based on time of day.
Looking at a bill in Aug last year: the Tax inclusive price bands where:
11.99c (Hot water heater only)
13.62c (10pm to 7am)
53.35c (2pm to 8pm weekdays)
22.62c other times
Plus a 90.75c a day fee
That bill total average after taxes and discounts was 21.6c/kWhr

So after that I stopped running most of my mining equipment.
So now I only run the S5 24/7
and the S3s off during the 6 peak hours each weekday
(except I sometimes forget to turn them on at 10pm Tongue

)

My last bill I can't find Tongue

But I think the prices were 10% lower due to power regulation changes.

Edit: I also checked with one of my clients factory 24/7 electricity price ... it was higher than my average.