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Electricity in Iceland is very political. The aluminum smelters are paying something like $0.02/kWh. Foreign buyers who setup real industry will pay about $0.
by buckle8017 2y ago
Electricity in Iceland is very political.
The aluminum smelters are paying something like $0.02/kWh.
Foreign buyers who setup real industry will pay about $0.05/kWh.
Bitcoin miners will pay $0.10/kWh.
The real cost to produce from volcanic sources is under $0.01/kWh.
- skirge 2y agohow do you track Bitcoin miners at home? I will claim I'm producing moonshine!
- petre 2y agoYou look at the electricity bill. If it's much higher than usual, it's most probably either a BTC mining operation or an underground Cannabis farm.
- buckle8017 2y agoThis discussion is about industrial power.