Quote from: 2021Start on August 04, 2024, 11:02:12 AM

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At that electricity price, it's not attractive enough for miner. Currently 0.06 Usd/Kwh or lower seen as attractive.

Even with 0.12 usd/kwh its still highly profitable.

Lol, what?
With the best gear Bitmain has you're going to earn 234T x 4.5 cents, so $10.5 while spending $10 on power.

Quote from: mikeywith on August 12, 2024, 05:16:57 PM

Then you have regulations and shit, no ya, no country in your list is good for mining.

Well Canada is, but not for those prices, Argentina for example would suck on consumer prices but again you have these guys:
https://investor.bitfarms.com/news-events/press-releases/detail/217/bitfarms-locks-in-power-cost-at-2-1-cents-per-kwh-fixed

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Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, has entered into a prepaid contract with its Argentinian private power producer to receive power at Rio Cuarto at the rate of 2.1 cents per kWh plus VAT for the months November 2023 through April 2024, which benefits from seasonally lower natural gas prices in Argentina.