The rise of cryptocurrency is undeniable. The ICO GIGA WATT JUST launched their facility in Wenatchee, WA. The little guys can swim with the big coin mining fishes through their infrastructure. The electricity cost is down to .02$. Thank you for this article. I appreciate ears open all over. This is confirmation that I will be investing in mining.
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Thanks for the comment. Do you happen to know how they brought electricity to .02? It seems right now the biggest difficulty in bitcoin is the cost of electricity.
I'm sorry, typo- it's 2.8 cents per kw or as low as .18w/ per day. Apparently Wenatchee, WA has cheap electricity. Maybe hydropower. I've been reading so much about mining lately can't remember at the moment. The facilities are also built in air cooled Giga pods to maximize effiecnsy and keep electricity cost down. They are selling mining tokens for a limited time right now. Each token cost $1= 1watt. It is good for 50 years of rent free mining but you still pay electric cost at 2.8cents and maintenence. They claim mining LTC at their facility yields $30.9 efficiency- $2.6 hosting fee per day. Balance of $28.84 per day or $10,381 per year for one asic miner setup.
Giga-Watt.com