Quote from: deathcode on March 29, 2013, 06:09:39 PM

Quote from: deathcode on March 29, 2013, 04:31:06 PM

Quote from: mantis_tobbogan on March 29, 2013, 04:29:12 PM

I'm looking into setting up a GPU farm. Please hold off on the criticism and death threats, I've already made up my mind. My only obstacle is finding a place with very cheap electric rates as I will be pulling some serious wattage, think upwards of 1000 kwh / day. I've heard of electric rates being as low at $.0065 near hydro electric dams, however I can't find much online. If anyone points me in the direction to find such cheap electric rates at a reasonable locale I will give them a bounty of .5 BTC, but any other help is encouraged as well

In MN you have two advantages. 0.05 Kwh and half the year is cold enough to keep the GPUs cool
I'm sure there are cheaper places, but 0.05 it's not bad!

BTW, at these prices, I'm paying $60 per month on 4 Ghash/s
So GPU is VERY profitable if you own the equipment already
฿9.13/Month or $819.24 at current prices/difficulty

I currently mine my 1 GPU unit from the luxury of an apartment with included power, but Niagara Falls/Buffalo is getting that hydroelectric power that you are looking for. I don't think that there is anything wrong with 3.14 cents/kWh.