Post
Topic
Board Beginners & Help
Re: Cheapest Electric Rates Anywhere... .5 BTC BOUNTY
by
deathcode
on 29/03/2013, 19:29:40 UTC
deatcode has got the idea. I know that an 'all inclusive utilities' fee will not cover the amount of power I am requiring, I'm going to have to pay for it some how. Also, there is an issue of getting that much power in the first place, as it will have to be a specialized circuit. I can't just plug these into the walls of any old place and run them. I'm looking into renting a space in a data center. As far as the .0065 figure, it was something I head once in a conversation, so it might not be realistic. Running the numbers I am comfortable paying .05, though less is always more. I couldn't just rent some place near Niagra, it would have to be able to provide me with the massive amount of wattage I need, but I will look into the location at .03~ sounds very, very appealing.

The .5 BTC bounty stands to anyone who points me in the cheapest direction and I happen to follow through with it. My plan should flesh-out in the next few weeks and once I sign the lease I will be sure to reward you.

Keep in mind the rates I gave you for MN are residential.
You might be looking at business rates if you consume more than a certain amount of energy.
As far as renting rack space in a datacenter. Datacenters are very reluctant to allow BTC miners due to the amount of power they drain and I can assure you they will ask what are you co-locating in their racks as they forecast power consumption per sq/ft and other analytics.
So keep those two things in mind.