Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
RsvTu
on 01/01/2019, 15:13:36 UTC
I live in Sweden, where we right now have the HIGHEST electricity price since 2008. I pay around 0.4dollars/kwh. There is no way mining will ever be profitable for me again unless we go on really long bull market  Grin

Residential electricity? Industrial electricity is pretty cheap I heard, around the hydro dams.

In your neighbour Finland situation for Industrial electricity is worse because of the tax. Currently we are running around 0.075€ /kwh, for industrial rate in here you need to have 5MW minimum consumption and then the "discount" would be 1.5snt/kwh so for us it would be then around 0.06€/kwh. In sweden basicly all companies get industrial rate so if u run as company its easier, althought because of dry summer (at least they use this explanation) energy prices seems to be up indeed..