Reply to post: Re: gotta be the crypto mining

Datacenters in Ireland draw more power than all rural homes put together

Bartholomew
Meh

Re: gotta be the crypto mining

> gotta be the crypto mining

I'm not saying mining crypto is smart or stupid, just that mining crypto in Ireland would be extra stupid.

Mining crypto is all about minimising the money spent per kWh on power (while simultaneously maximising your percentage of the current ~235,630,000,000,000,000,000 SHA-256 hashes per second) and Ireland would be a really bad choice (If you count the zeros Kilo, Mega, Giga, Tera, Peta, Exa, Zetta, so the current rate is nearly a quarter of a Zettahash/second!).

Before VAT and TAX, Ireland has the most expensive electricity in Europe (~€0.24 per kWh). After VAT and TAX only Belgium (~€0.30 per kWh), Germany (~€0.33 per kWh) and Denmark (~€0.34 per kWh) cost more than Ireland (~€0.29 per kWh).

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