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96 sats \ 1 reply \ @Cje95 30 Apr
It would be really interesting to see the cost broken down by US states because I feel like Cali and New York for example really up the cost compared to say Texas and North Dakota
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Agreed. There’s loads of stranded energy just waiting to be captured for pennies on the dollar compared to other jurisdictions.
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125 sats \ 1 reply \ @grayruby 1 May
What are they basing these rates on? Just avg rates across the entire country? This isn’t reflective at all of what miners would actually be paying.
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Not entirely sure.
Maybe just buying from the power grid?
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Must be ignoring taxes and regulations. In Kazakhstan mining is now prohibitively expensive afaik.
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A whole lot, especially in remote African regions where bitcoin mining technology is not rampant
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0 sats \ 1 reply \ @OT 30 Apr
Why is electricity so expensive in the west?
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Probably because of terrible policies that caused the recent blackout in Spain, Portugal, and France.
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