Electricity prices

(17th-December-2019)

Electricity price is one of important factorto do industry including mining of crypto currency. These days, 90% of expenses comes from electricity for mining work, therefore, people who want to do crypto currency mining, it is very critical topics.

Some of site shows the chart shows the price of electricity for households in about 100 countries. The prices are per kWh and include all items in the electricity bill such as the distribution and energy cost, various environmental and fuel cost charges and taxes. These are national averages calculated using the average household consumption of electricity in each country. The methodology of price collection is described on the list from here.

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Anyway, from 0.02 to 0.40 are rate of per KW cost of electricity. We should make a geographical strategy to start the mining work.