You are viewing a single comment's thread from:
RE: Gridcoin Mining with 80kW of hydroelectric power (Phase 2)
Wow this looks awesome!! What are you expecting to pay for electricity?
Wow this looks awesome!! What are you expecting to pay for electricity?
About 0.08€/kWh at the moment, but this depends on the subsidies from Austria. The price without subsidies would be about 0.03€/kWh, but that's too low, no one can operate a power station and earn money for that value, but that's the price on global market. I would like to know how much tax money is put into the energy lobby to get that low price... But that's another problem... At the other side you could say that (bitcoin) mining is sponsored by taxes indirectly, because they force a low energy price... I should not think about all this dependencies...