I’am trying to make an interesting topic based on electricity prices by countries and regions, but not limited to as i plan to include many other factors like: population, buy power just to mention some.
This is a step by step project as it consumes realy a lot of time for reading, researching, searching, translations, comparing and even listing and writing down all the info. In case you find this information usefull, feel free to donate (adresses at the end of the topic).
Here the first raw release on current electricity prices worldwide that affect crypto mining in general, so it does and will with ZEC in future. All used resources/sites/data will be posted in a later post in this topic so everybody can check themself the given electricity prices.
Some countries and regions are still under work, but i thought even with this list we allready get an idea, who pays how much with mining.
On next update on this list i plan to add daily, monthly, yearly electricity costs for a given ZEC mining unit. As well as profit/loss information. This will give us a good overview which countries/regions can still mine and which not. On a later release/update i plan to make some scenario cases, for example, double difficulty or a given price like $25 or $100. As these need a lot of calculations i need some time and i’am only willing to do it if the community is interested/supporting these calculations and comparisons.
This first list is for residential electricity prices, working currently on one for industrial prices so we can even further compare how private miners stay compared to these that have access to industrial electricity worldwide. I added just some non residential mining prices to the list so we can compare at least to Bitmain’s mining facilities with electricity costs.
Below i will add some more thoughts about this list, the value of it and just some explainations.
About the details:
- USA, Russia, China, Canada, Australia are divided into regions/provinces/states/districts due different electricity prices in these and of course because these are the biggest countries area.
- all other countries get just the continent location added, like Europe, South America, Asia …
- all prices in US cents.
- the prices do NOT include industrial prices (these will be added later, mostly on next release)
- sometimes countries average prizes are used. In most cases that is just enough.
- some minor countries are missing, i will try to add them as soon as i get information 2017+ for these.
- 2017, 2018 means that the data used is from the year mentioned.
- prices are in most cases raw, without transportation, distrubution, additional fees, whatever. In some cases these costs could as well be included. There is no general info on what is included and what not on all the prices. Hence it’s best to take these prices as raw ones and as a good guideline without pretending to be absolute accurate, as this would be taken a year or so to compile…
Residential Electricity Prices (lowest to highest)
Worldwide Average Electricity Price: 14.00 cents per kw/h
Venezuela - South America| 0.09| 2016| subsidized,
Russia - Irkutsk Region| 1.50| 2018|
China - Yunnan| <2.00| 2018| Bitmain Mining facility 2, hydropower, (just for comparison added!)
China - Sichuan| ~2.00| 2018| different Mining facilities, hydropower, (just for comparison added!)
Egypt - Africa| 2.00| 2018|
Burma - Asia| 2.00| 2018|
Kyrgyz Republic - Asia| 2.50| 2018|
Russia - Khakassia| 3.00| 2018|
Uzbekistan - Asia| 3.00| 2018|
Qatar - Asia| 3.00| 2018|
Kuwait - Asia| 3.00| 2018|
Iran - Asia| 3.00| 2018|
Iraq - Asia| 3.00| 2018|
Russia - Krasnoyarsk Region| 3.50| 2018|
Russia - Dagestan| 3.60| 2018|
Russia - Novosibirsk Region| 3.70| 2018|
Russia - Chechnya| 3.80| 2018|
Russia - Crimea| 3.90| 2018|
Russia - Murmansk Region| 3.90| 2018|
China - Inner Mongolia| 4.00| 2018| Bitmain Mining facility 1 (just for comparison added!)
Azerbaijan - Asia| 4.00| 2018|
Algeria - Africa| 4.00| 2018|
Bahrain - Asia| 4.00| 2018|
China - Zhejiang| 4.10| 2017| 22:00-8:00, could be a reason for spikes!
Russia - Tyumen Region| 4.10| 2018|
Russia - Khanty-Mansiysk| 4.10| 2018|
Russia - Yamalo-Nenets| 4.10| 2018|
Russia - Orenburg Region| 4.30| 2018|
Russia - Bashkortosan| 4.40| 2018|
Russia - Transbaikal Region| 4.40| 2018|
Russia - Chelyabinsk| 4.60| 2018|
Russia - Kemerovo Region| 4.80| 2018|
Russia - Chuvashia| 4.80| 2018|
Russia - Kurgan Region| 4.90| 2018|
Russia - Tomsk Region| 4.90| 2018|
Russia - Karelia| 4.90| 2018|
Congo - Africa| 5.00| 2018|
Zambia - Africa| 5.00| 2018|
Saudi Arabia - Asia| 5.00| 2018|
Russia - Saratov Region| 5.00| 2018|
Russia - Penza Region| 5.00| 2018|
Ukrainie - Europe| 5.00| 2018| average
Kazakhstan - Asia| 5.00| 2018|
Russia - Ingushetia| 5.10| 2018|
Russia - Tyva| 5.10| 2018|
Russia - Mordovia| 5.10| 2018|
Russia - Nizhny Novgorod Reg.| 5.20| 2018|
Russia - Lipetsk Region| 5.20| 2018|
Russia - Yaroslavkaya Oblast| 5.20| 2018|
Russia - Bryansk Region| 5.30| 2018|
Russia - Amur Region| 5.30| 2018|
Russia - Primorsky Krai| 5.40| 2018|
Russia - Kabardino| 5.40| 2018|
Russia - Voronesh Region| 5.40| 2018|
Russia - Udmurtia| 5.40| 2018|
Russia - Tatarstan| 5.40| 2018|
Russia - Ulyanovsk Region| 5.40| 2018|
Russia - Mari El| 5.40| 2018|
China - Yunnan| 5.50| 2018|
Russia - Oryol Region| 5.50| 2018|
Russia - Smolensk Region| 5.50| 2018|
Russia - Kirov Region| 5.50| 2018|
Russia - Rostov Region| 5.60| 2018|
Russia - Tambov Region| 5.60| 2018|
Russia - Belgorod Region| 5.60| 2018|
Russia - Kursk Region| 5.60| 2018|
Russia - Omsk Region| 5.60| 2018|
Russia - Altai Region| 5.70| 2018|
Russia - Buryatia| 5.70| 2018|
Russia - Sverdlovsk Region| 5.70| 2018|
Russia - Perm| 5.70| 2018|
Russia - Cherkessia| 5.80| 2018|
Russia - North Ossetia| 5.80| 2018|
Russia - Samara| 5.80| 2018|
Russia - Kaliningrad Region| 5.90| 2018|
Russia - Sakhalin Region| 6.00| 2018|
Russia - Leningrad Region| 6.00| 2018|
Bangladesh - Asia| 6.00| 2018|
Malaysia - Asia| 6.00| 2018|
Ghana - Africa| 6.00| 2018|
Russia - Volgograd Region| 6.10| 2018|
Russia - Tula Region| 6.10| 2018|
Russia - Pskov| 6.20| 2018|
Russia - Novgorod Region| 6.20| 2018|
Russia - Tver Region| 6.20| 2018|
Russia - Ivanovo Region| 6.30| 2018|
Russia - Kostromo Region| 6.30| 2018|
Russia - Ryazan Oblast| 6.40| 2018|
Russia - Vladimir Region| 6.40| 2018|
China - Kunming| 6.50| 2018|
China - Tianjin| 6.50| 2018|
China - Shenyang| 6.50| 2018|
Russia - Khabarovsk Region| 6.50| 2018|
Russia - Vologodskaya Oblast| 6.50| 2018|
Russia - Stavropol Region| 6.60| 2018|
China - Chongqing| 6.70| 2018|
Russia - Kraznodar| 6.70| 2018|
Russia - Adygea| 6.70| 2018|
Russia - Kalmykia| 6.70| 2018|
Russia - Kaluga Region| 6.70| 2018|
Russia - Komi| 6.70| 2018|
China - Harbin| 6.80| 2018|
China - Chengdu| 6.80| 2018|
Russia - Astrakhan| 6.90| 2018|
China - Beijing| 7.00| 2018|
Russia - Arkhangelsk Region| 7.00| 2018|
Vietnam - Asia| 7.00| 2018|
Pakistan - Asia| 7.00| 2018|
China - Xi’an| 7.10| 2018|
China - Changchun| 7.10| 2018|
Russia - Altai| 7.30| 2018|
Russia - Nenets| 7.40| 2018|
Kosovo - Europe| 7.40| 2017|
China - Nanjing| 7.50| 2018|
China - Wuhan| 7.50| 2018|
Georgia - Asia| 7.70| 2018|
Russia - Moskov Region| 7.70| 2018|
China - Jinan| 7.80| 2018|
Russia - Moskov| 7.90| 2018|
Paraguay - South America| 7.92| 2017|
India - Asia| 8.00| 2018| average, working on finding low electricity regions!
China - Changsha| 8.00| 2018|
Mexico - North America| 8.00| 2018| average
Belarus - Europe| 8.00| 2018|
Nigeria - Africa| 8.00| 2018|
UA Emirates - Asia| 8.00| 2018|
China - Hefei| 8.10| 2018|
China - Zhengzhou| 8.10| 2018|
Canada - Quebec| 8.13| 2017|
Czech Republic - EU| 8.30| 2018|
Serbia - Europe| ~8.50| 2018|
Russia - Yakutia 8.60| 2018|
China - Guangzhou| 8.80| 2018|
China - Shanghai| 8.80| 2018|
Macedonia - Europe| 8.80| 2018|
China - Haikou| 8.87| 2018|
Turkey - Asia/Europe| 9.00| 2018| average
Jordan - Asia| 9.00| 2018|
Cameroon - Africa| 9.00| 2018|
USA - Louisiana| 9.28| 2018|
Indonesia - Asia| 9.40| 2017|
Albania - Europe| 9.7| 2017|
Bosnia & Herzegovina - Europe| 9.7| 2017|
Russia - Kamchatka Region| 9.80| 2018|
USA - Washington| 9.90| 2018|
Argentina - South America| 10.00| 2018|
Ecuador - South America| 10.00| 2018|
Tanzania - Africa| 10.00| 2018|
Dominicanian Rep. - Caribic| 10.00| 2018|
USA - Arkansas| 10.05| 2018|
Canada - Manitoba| 10.07| 2017|
USA - Idaho| 10.32| 2018|
USA - Tennessee| 10.59| 2018|
USA - Utah| 10.62| 2018|
USA - Kentucky| 10.70| 2018|
USA - Oklahoma| 10.85| 2018|
USA - Mississippi| 10.86| 2018|
Canada - Alberta| 10.86| 2017|
USA - Missouri| 10.98| 2018|
Russia - Madadan Region| 11.00| 2018|
Bulgartia - EU| 11.00| 2018|
South Korea - Asia| 11.00| 2018| average
Morocco - Africa| 11.00| 2018|
USA - West Virginia| 11.24| 2018|
USA - Oregon| 11.29| 2018|
USA - Florida| 11.31| 2018|
USA - Ohio| 11.39| 2018|
USA - Texas| 11.59| 2018|
USA - North Carolina| 11.60| 2018|
USA - Nevada| 11.72| 2018|
USA - Montana| 11.78| 2018|
Canada - Brit. Columbia| 11.83| 2017|
Russia - Chukchi Region| 12.00| 2018|
Lithuana - EU| 12.00| 2018|
Moldova - Europe| 12.00| 2018|
Montenegro - Europe| 12.00| 2018|
Ivory Coast - Africa| 12.00| 2018|
Bolivia - South America| 12.00| 2018|
USA - Virginia| 12.08| 2018|
USA - Georgia| 12.09| 2018|
USA - Illinois| 12.19| 2018|
USA - North Dakota| 12.23| 2018|
USA - Wyoming| 12.23| 2018|
USA - Nebraska| 12.28| 2018|
USA - Indiana| 12.33| 2018|
USA - South Carolina| 12.37| 2018|
USA - Delaware| 12.38| 2018|
USA - Alabama| 12.47| 2018|
USA - Colorado| 12.55| 2018|
USA - Columbia| 12.56| 2018|
USA - South Dakota| 12.83| 2018|
Canada - Newfoundland| 12.83| 2017|
USA - Kansas| 12.86| 2018|
USA - Arizona| 12.91| 2018|
Chile - South America| 13.00| 2018|
Hungary - EU| 13.00| 2018|
USA - New Mexico| 13.10| 2018|
USA - Iowa| 13.23| 2018|
USA - Maryland| 13.29| 2018|
Thailand - Asia| 13.40| 2018|
USA - Pennsylvania| 13.76| 2018|
South Africa - Africa| 14.00| 2018|
Hong Kong - Asia| 14.00| 2018|
Gibraltar - EU| 14.40| 2018|
USA - Minnesota| 14.57| 2018|
USA - Wisconsin| 14.88| 2018|
Canada - New Brunswick| 14.92| 2017|
Singapur - Asia| 14.97| 2017|
Romania - EU| 15.00| 2018|
Estonia - EU| 15.00| 2018|
Croatia - EU| 15.00| 2018|
Malta - EU| 15.00| 2018|
Costa Rica - Latin America| 15.00| 2018|
Kenya - Africa| 15.00| 2018|
Colombia - South America| 15.00| 2018|
Israel| 15.35| 2017|
USA - Michigan| 15.40| 2018|
USA - New Jersey| 15.53| 2018|
Poland - EU| 16.00| 2018|
USA - Maine| 16.01| 2018|
Taiwan - Asia| 16.10| 2017|
Finnland - EU| 16.12| 2018|
Canada - Nova Scotia| 16.95| 2017|
Iceland - EU| 17.00| 2018|
Latvia - EU| 17.00| 2018|
Brazil - South America| 17.00| 2018| average
Panama - Latin America| 17.00| 2018|
Uganda - Africa| 17.00| 2018|
Peru - South America| 17.70| 2018|
USA - Vermont| 17.95| 2018|
Slovakia - EU| 18.00| 2018|
Slowenia - EU| 18.00| 2018|
Australia - North Territory| 18.06| 2018|
Australia - Tasmania| 18.22| 2018|
Canada - Saskatchewan| 18.33| 2017|
Canada - Ontario| 18.62| 2017|
Canada - Prince Edward Is.| 18.88| 2017|
Luxembourg - EU| 19.00| 2018|
Netherlands - EU| 19.00| 2018|
Philippines - Asia| 19.00| 2018|
USA - New York| 19.28| 2018|
Australia - Victoria| 19.39| 2017|
USA - California| 19.39| 2018|
New Zealand - Oceania| 19.67| 2018|
Australia - Capital Territory| 19.68| 2017|
USA - New Hampshire| 19.87| 2018|
Australia - West Australia| 19.93| 2018|
France - EU| 20.00| 2018|
Norway - EU| 20.00| 2018|
Aruba - Caribic| 20.00| 2018|
Australia - Queensland| 20.41| 2018|
Cyprus - EU| 21.00| 2018|
Greece - EU| 21.00| 2018|
United Kingdom - EU| 21.00| 2018|
Belize - Latin America| 21.00| 2018|
Austria - EU| 22.00| 2018|
Sweden - EU| 22.00| 2018|
USA - Connecticut| 22.05| 2018|
USA - Massachusetts| 22.15| 2018|
USA - Rhode Island| 22.32| 2018|
USA - Alaska| 22.76| 2018|
Italy - EU| 23.00| 2018|
Uruguay - South America| 23.00| 2018|
Australia - New South Wales| 23.44| 2018|
Guatemala - Latin America| 24.00| 2018|
Portugal - EU| 25.00| 2018|
American Samoa - Oceania| 25.40| 2017|
Japan - Asia| 26.00| 2018| average price
Belgium - EU| 27.00| 2018|
Ireland - EU| 27.00| 2018|
Spain - EU| 27.00| 2018|
Barbados - Caribic| 28.00| 2018|
Sri Lanka - Asia| 29.33| 2017|
Australia - South Australia| 30.72| 2018|
USA - Hawaii| 32.29| 2018|
Germany - EU| 33.00| 2018|
Denmark - EU| 35.00| 2018|
Some Conclusions on why several low electricity countries are not mining even if they have generally low electricity costs:
- Climate: We see some Asian and African countries with very low electricity costs but i guess the climate and heat doesn’t favour mining there.
- Religon: I guess as well that some low electricity countires are not able to mine due religous factors. Example would be some arabic countries, Iran to come first into my mind.
- Buy Power: I will try to include that factor at some time. But what does it help if a given country as low electricity prices but 0 buy power to buy hardware to use it? I think Burma is a good examample for this.
- Limited Electricity: Even while in theory electricity prices are low, in reality this might be very limited electricity. Might apply to some countries in asia, africa, south and latin america.
- Internet Infrastructure: Some regions might as well be limited to missing internet infrastructure.
- Regulatations: In some countries it might be just forbidden and illegal to mine or very restricted.
Penalty versus China miners (private and enterprises):
- Miners from china, no matter if private or enterpises, have a big advantage in generally. They don’t pay international shipping costs, no custom tax fee and some other expenses. There is no easy way to calculate this advantage, but in generally we can add a penalty to every outside China miner as the additionally costs influence the ROI and break even point for sure. Everybody from outside China can comfortably add 10-25% to their domestic electricity price to have some inclusion of these costs as the lists here won’t include hardware and other prices in any way but are fully limited to electricity prices and the centralization factor.
Any dissusion, toughts, ideas are more than welcome…
In case you won’t to donate for this project, i won’t say no: 
ZEC (T-adress): t1KbbGJqihYmAg6Sv37m1gaKyg3rWou94fo
ZEC (Z-adress): zs1jhzek8qhg6sym65ugjsv4dvh0u9sknhqsyfz609wtqglknursapgcflcum6sdjs28j7eyql9fn6
LTC: LS96D2hug7qYXLGMiVc8TsEBKVsF4YQZyh
ETH: 0xA483f37FA36602c9827fC6aAfDE5409AA28EEC88
BTC: 1PZPrvbaRQt9EVcGjnWCQiBzJ7tCcuha3f
Merry Christmas everybody 
Thx for the correction!