Working back from the $500k number gets me to 19 cents per kilowatt hour which seems a trifle high for industrial usage with a predictable 2.5MW load. https://

Working back from the $500k number gets me to 19 cents per kilowatt hour which seems a trifle high for industrial usage with a predictable 2.5MW load. https://www.gov.uk/government/statistical-data-sets/gas-and-electricity-prices-in-the-non-domestic-sector https://www.gov.uk/government/statistical-data-sets/gas-and-... It looks like 14-17 cents per kilowatt hour is about the going rate as of Q3 - Q4 2020. I’m a little surprised this doesn’t lead to more such facilities being strategically located based on availability of cheap power, e.g. by building near to hydro, and where power costs can be ~2c/kWh. See: https://www.seattletimes.com/business/technology/sunday-buzz-soaring-bitcoin-prices-put-central-washington-electrical-utilities-on-alert/ https://www.seattletimes.com/business/technology/sunday-buzz... I’m forced to conclude the power costs are a marginal expenditure versus other costs involved in running such a facility, and benefits from having R&D, testing and validation, and production all on the same campus?