Ethereum update: How to defeat the electricity bill?
So crypto mining is great. But the average kWh in the states is 0.12usd, in the UK the average is 0.24 USD! (18p).
This is a ginormous barrier to entry. Are there any europeans / UK’ers here that have set up successful rigs factoring this in? What do you do to stay profitable?
Business tariffs arent much better averaging around 0.19 USD (14p). Only using dollars for simplicity as all the mining calculators are in usd.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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