Post
Topic
Board Mining
Re: The cost of electricity in the world
by
cyberpinoy
on 13/12/2014, 06:06:17 UTC
Electricity in the Philippins is 0.22 USD per KWH if under 1000 KWh per month, if you use over 1000 KWh per month your rate is 0.28 USD per KWh. if you rent a place then the electricity can be up to 0.38 USD per KWh because landlords add 2 to 4 pesos per KWh for the electric. Very high just about non profitable to run miners right now. We turn our farm on for about 6 hours a day only. The electricity combined with the fact Philippines has the worst internet in the world with Shared internet makes mining in the Philippines almost inmpossible. We are looking into solar power right now to eliminate all power costs and brownouts (Blackouts) they have here. The internet is just FUTILE Sad