Post
Topic
Board Mining speculation
Re: New 3 x S7 Miner Setup With 0.0066 $ Elect. Rate
by
Cantoner
on 09/02/2016, 13:36:48 UTC
As I am thoroughfully watching oil related news I came across this article. As Kuwait badly depends on oil price it's government budget is in deep trouble so they are considering removing subsidies. You should possibly calculate this into your plan.

"the government wants to raise electricity charges from 2 Kuwaiti fils per kilowatt currently to 5 fils per KW for the first 3,000 KW; 10 fils for between 3,000 and 6,000KW and 15 fils for consumption above 6,000 KW. "

http://www.arabianoilandgas.com/article-15246-kuwait-reviews-bid-to-slash-fuel-subsidies/


Even after 10 times increase, the price is just $0.066/kWh. It is cheaper than most places in the world.