Anyone mining Ethereum from home?

.30 per kwh is probably UK.

They pay about twice what California pays for power. Unbelievable.

 

Even at $0.14/kWh it's still over a year until breakeven.

 

Wow. My $0.09/kw is a bargain.

 

2.8kWh (as in kilo-watt per hour) is an hourly figure. So it is 0.3*2.8*24=$20.

 

UK. Mains gas is only $0.06 per kWh, and oil is just slightly more expensive than gas.

https://nottenergy.com/resources/energy-cost-comparison

And the Government want everyone to stop burning fossil fuels, and switch to electric heating. Yeah right.

 

I heard hard disk mining is in vogue now

 

yep, chia coin

 

A few years ago I saw a movie where a geek mined bitcoins using electricity from wind turbines and solar panels (illegally of course).

Can't remember the name of the movie.

 

TIme to go back to school. It's not PER hour.

Something consuming 116W constantly over a 24 hour period consumes 2.8kWh of electricity. So Electricity costs are $0.84 or around 28% of your mining income in this example.

 

The unit of kWh is kW per hour. An appliance, like a kettle, rated at 3kWh draws 3kW in an hour.

In the case of your mining rig, it would be rated at 0.116kWh.