All about bitcoin in Cambodia

Breaking news from Cambodia can be found here. CEO often finds Khmer news and translates it into English for our readers if it is interesting to expats, locals, Cambodians living abroad and anyone who wants to stay informed of the latest local and international news stories about Cambodia and our neighbors in South East Asia. There are many sources for Khmer news articles and they can all be found here in one place. Most of the media comes out of Phnom Penh, Siem Reap or Sihanoukville, but we cover national Cambodian news from all provinces.
darayd
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Re: All about bitcoin in Cambodia

Post by darayd » Fri Jan 26, 2018 2:42 am

Another interesting article on crypto in Cambodia

https://www.forbes.com/sites/danielleke ... 76da9483f4
pczz
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Re: All about bitcoin in Cambodia

Post by pczz » Fri Jan 26, 2018 12:46 pm

Kammekor wrote:
Thu Jan 25, 2018 9:43 am
pczz wrote:
Thu Jan 25, 2018 9:15 am
Kammekor wrote:
Thu Jan 25, 2018 12:00 am
pczz wrote:
Wed Jan 24, 2018 11:16 pm
phuketrichard wrote:
Wed Jan 24, 2018 8:15 pm
....That’s because there is access to rather cheap electricity,...

LOL with the lowest electric price (800 riel/kwh) about double what it is in Thailand, his research was not very good
gonna double check but I think our village is 600, but it allegedly comes in from vietnam. bill is not from electricite de cambodge
Even 600r is expensive, and the cheapest is 720 for the lowest tier of use. Do you know what setting up an electrical connection costs? Especially if you need serious power? And if the power comes from Vietnam, it will be switched on and off according to the convenience of the provider. I am sure Cambodia is not even in the top-20 of interesting mining countries due to the climate (good luck cooling all those chips....), the availability / reliability of power and the price of power.

Anyone stating the opposite has probably made an 'investment' in bitcoins when it was at the latest peak value and is trying to safe some bucks spent at that time.
I think the tarrif depends on the size of connection. I cannot remember exactly what it is but I think you can have 5, 20 or 60. Cost $50 to connect the house to the supply which is about 75 to100 metres I think. Not sure how legit it all is. no fridge no aircon.

For 30-50 USD you get a 5A connection these days, that's not going to provide you with a lot of mined coins unless you will cool your systems by blowing over them by yourself.
I think we got the next 1 up from 5a. 1 tv, 1fan, 2 lights.its about $2.50 a month. We have rin welder and drills off it without any explosions.frudge is the worst electric guzzler followed by aircon and we have neither
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