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10 sats \ 3 replies \ @Eximpius 13 Feb \ on: How much are public bitcoin mining companies paying for electricity today? bitcoin
Just check your state.. almost all states have "residential, commercial, and industrial" rates. Industrial is usually the cheapest. In SC where i am the average is .11cents residential, .08 for commercial, and like .05ish for industrial.
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31 sats \ 2 replies \ @DeltaClimbs OP 13 Feb
Large miners are supra-industrial and will often have negotiated rates lower than this. Supposedly 5.57 cents in Texas, and mining numbers are lower.
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20 sats \ 0 replies \ @sudocarlos 13 Feb
Not to mention they usually negotiate contracts to buy a certain amount of energy whether they use it or not. And then there are contracts to curtail usage to account for. It can get complicated af
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0 sats \ 0 replies \ @Bell_curve 13 Feb
Texas has its own grid not subject to interstate commerce regulation
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