Don't expect to earn money (not even ROI) with inefficient (outdated) hardware, and especially in places where the electricity is that expensive. I had access to 0.08 USD per 1KW and even with that price it would not be profitable to mine with that device. Mining as a hobby is not possible anymore unless you want to slowly lose money over time.
Mod hint: Please refrain from posting several posts in a row and try to group posts whenever possible.
So that means that only firms can earn with something like bitcoin farms in iceland ?