Post
Topic
Board Service Discussion
Re: Cheap electricity for mining Bitcoin
by
xenog
on 21/03/2014, 23:05:40 UTC
Hello Noruka,

A 20,000 USD mining rig could be assembled off 35 AntMiner S1 systems, each of which consumes 360W of electricity. All of them together consume 12,600W of electricity, which at 15¢ per KW/h means you’re paying $1,360 in electricity. My numbers are not off.

Greetings