Post
Topic
Board Mining
Re: The cost of electricity in the world
by
picolo
on 13/12/2014, 07:19:20 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

It is expensive!


That´s hard to believe, but last 20 years (from 1993) electricity, gas, water, salt and gasoline were free in Turkmenistan. I heard last year their governement decided to limitate free consuming.

Is there any reason why they offering free ?
Is the resource still unlimited because nobody can utilize it ?

Turkmenistan is closed and happy country Smiley
It has enough resource to distribute them for free (but not unlimited! there are some limits for every citizen).

So, from 1993 and until May 2014 every car owner could use 120 liters of free gazoline every month. It's not a big problem, the price for 1 liter now is $0.16, before 2008 it was $0.02.

Consuming of electricity is also limited by 35 kw per family member in month. If you need more, you'll pay $3,23 for 1000 kwh. So, the average family of 5 members in Turkmenistan pays for electricity about $12-14... in year Smiley

THats crazy, I guess I need to relocate myself. What do you mean by its closed?

Not frienly for travelers. Closed from outside information. Free access to Internet appeared only with new president. High speed  Internet is expencive.  Access to YouTube, Facebook, Twitter is forbiden.

You can use a VPN but you have to hide for everything to be safe there.

I'm locked in for 3 years at $0.06 kw/hr .. in Chicago.



Nice!