A Belgian website says the price of electricity in Belgium is between 0.22 and 0.44 Euros/kWh.

graph of prices over three years

For electricity [...]

  • low consumption (orange curve: Da - 600 kWh single consumption on an annual basis, 1 person),
  • average consumption (blue curve: Dc - 1,600 kWh daily consumption and 1,900 kWh night consumption on an annual basis, 3 people),
  • high consumption (green curve: De - 3,600 kWh daily consumption, 3,900 kWh night consumption and 12,500 kWh annual nightly consumption only, 4 people).

I have an Antminer S9 which uses 1600W.

I have a CPU/11 GPU rig which uses 1200W.

Is it uneconomic to do mining in Belgium? (As in that there won't be any profit because all mining gains will be taken away by electricity costs?)

How to fix it, so that I have at least some profit?

closed as off-topic by Pieter Wuille, alcio, MCCCS, Andrew Chow Apr 5 '18 at 4:08

This question appears to be off-topic. The users who voted to close gave this specific reason:

  • "Questions on current or future market values, energy costs or service provider availability are off-topic as the answers are changing too frequently to be useful to others." – Pieter Wuille, alcio, MCCCS, Andrew Chow
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  • 2
    I think you meant 'unprofitable' – Osias Jota Apr 4 '18 at 11:29
  • This is an English-language site. Could you explain what the graph is supposed to be showing? – Nate Eldredge Apr 4 '18 at 13:23