Ok, here i go with more factual information:
Belarus:
At present industrial consumers pay 10.79 cents per 1 kWh. Belarusian households pay 5.49 cents per 1 kWh without VAT. It costs 6.81 cents to generate 1 kWh of electricity in Belarus. Before the Belarusian nuclear power plant goes online, industrial consumers will pay 7.25 cents per 1 kWh.
==> As said there aren’t many that are around 5 cents, what’s left for your advertised suggested 0.02$.
Ukraine: 0.04$
Russia: there are only a view regions in Russia that have real low electricity costs: Irkutsk, Crimea, Sevastopol, Khakassia, Krasnoyarsk, Dagestan, Novosibirsk, Chechnya, Tyumen, Khanty-Mansiysk, Yamalo-Nenets, Murmansk, Orenburg, Chelyabinsk, Trans-Baikal Territory. These are the russian regions with below 0.05$ access to electricity. The average electricity price russians pay is 0.07-0.08$ as most of these regions are with less population. And regions are not countries, just as a side note.
Canada: I have some problems finding prices for Canada, seems every region and every city and town have their own prices. Seems in Alberta it’s generally cheap while in Ontario it’s generally expensive even for american standards. Maybe a canadian can give some info about electricity pricces here.
Georgia: Actually very expensive for households, the country is even importing electricity.
Iceland: Average household electricity price is 0.16$, even very expensive. Seems you got missleaded here by some big mining farms that use thermal heat/steam for their mining farms. I admit i as well thought it was way cheaper there until reading about it right now.
Conclusion: Are there regions with really cheap electricity? Yes, there are some regions. Does the normal average joe miner have access to these? I doubt, only these that are by luck in any of these regions have, this is without doubt the vast minority of small miners. I think we can say that the average miner pays at least 0.1$ worldwide for electricity. Let alone the 3 guys in irkuktsk and the 20 in venezuela mining the petro (kidding here!).
Not sure about you. But i won’t move to a nuclear power plant just to have cheap PoW mining.
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