Re: How many people are calculating their electricity costs incorrectly?
just because you use word: incorrectly...
It should be:"Take the constant number of Watts being drawn from the wall outlet and divide it by 1000. This converts Watt into Kilowatt (KW)." - you just can't change into different unit type of measure, by multiplying/dividing by a number.
650W ÷ 1000 = 0.65 (kW)
0.65kW x 24h = 15.6 (kWh per day)
The key word in that sentence was "constant". If a 650 W rig is mining steadily for one hour, then that rig will have used 650 Wh of energy. I didn't see the need to split hairs on explaining the method for arriving at that number. Thus, I am converting Wh into kWh by dividing, not W.
It should read...
650Wh ÷ 1000 = 0.65 (kWh)
0.65kWh x 24h = 15.6 (kWh per day)
Thanks for your help.