Profitability depends on the energy costs.
Norway's energy costs are well below the required minimum energy cost for profitability.
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Profitability depends on the energy costs.
Norway's energy costs are well below the required minimum energy cost for profitability.
Oh I understand that, it’s completely factored into my figures. I am in a lucky area of the US that has a relatively low power cost, .065 per kWh. My heater is my miner and essentially pays for itself right now. That is how I look at it. Other than than, not very profitable at all. It’s a more efficient heater than what is in my apartment. It’s a balance.
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Just image if it was $0.04 kWh.