Post
Topic
Board Beginners & Help
Re: Cheapest electricity in the world
by
RealBitcoin
on 12/10/2015, 10:52:50 UTC
I am wondering which countries in the world have the cheapest electricity, and would thus be ideal for mining bitcoins.

I am from Australia, and I can tell you that we have some of the most overpriced electricity in the world, meaning I will probably need to go overseas if i want to mine competitively.

Iceland, China, or buy your own solar panels and move near the equator.

Where I live its pretty sunny, but I cant afford a solar panel setup plus I live in apartment. But if you live in a house, its easy, eventually take out a loan, because the amount you save in electricity will be unheardof.