Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
CoinChex
on 05/09/2013, 02:26:31 UTC
Quote from: Mota link=top
[quote author=noodle73 link=topic=170332.msg3081501#msg3081501 date=1378315306
We'll all be sending our miners to data centres in Russia at this rate - Russia 2.4 to 9.58 c/kw according to Wikipedia

I was able to find space mainland USA with 2c offpeak & 3.5 cent peak rates, which is where the miners are going...
and where exactly are your miners? plugged in at a power plant near you?!?
No... my apartment/soon to be warehouse
[/quote]

In the US don't forget there is a 'transmission charge' also.  Here in the wonderful state of NJ, it is $0.12 Kwh.  Now add the $0.067 transmission charge for a marvelous total of $0.187 Kwh. 

Most of the 'alternative' electric companies fail to mention that you are still going to get charged for transmission.  So the guys that are offering $0.10 Kwh, your final cost is $0.167. 

Lets see: 750 Watt 400Gh/s miner - from .187 to .167 yields a savings of $131 per year; and from .187 to .08 yields a savings of $600 per year, down to $579 per year. 

I did a search for Russian electric costs, found a .pdf at academia.edu... $.08 Kwh this year, $.10 Kwh next year and rising $.01-.02 cents each year until 2020.  This is because they are going the deregulation route.

Really, if you are going to use COMED RRTP program, watch that 4pm spike to $.078 Kwh.  Oh to be in Illinois again. 

 
[/quote]

The rates everywhere are high, going to impact ROI in the long term.  In MA i'm paying .14 through a local muncipality, nearby towns are paying .17-.18.

My partner and I found a site where we can get .04 at commercial rates. He's a network specialist so we're working on leasing the space and setting up hosting with it's own pool.  Costs should be significantly less this way.