Even using a time-of-use plan like E6 (which they don't allow any more), off-peak is $0.16728/kWh in the summer, and peak summer is $0.35933/kWh. The ETOU-A and ETOU-B plans they're pushing people toward bottom out at $0.17279/kWh winter off-peak, up to $0.36335/kWh. Again, all baseline figures. Electric Vehicles and over-baseline (read: mining) will punish you to death.
In those rate plans, PG&E apparently spends more on transmission alone than Siberian customers entirely pay for service. Also, good luck explaining the plan structure to someone; it took me 20 minutes of edits just to put this comment together coherently.
That's why SolarCity PPA is so popular - the whole idea is that they shift most of your electricity consumption back into the 1s tier. Probably still not enough for mining though unless you can make a deal where you get way over regular capacity in solar for the same price.
Siberia has huge rivers which are very suitable for building hydroelectric because the accompanying flooding happens in mostly uninhabited areas and thus has relatively little costs.
https://www.pge.com/tariffs/tm2/pdf/ELEC_SCHEDS_E-1.pdf
Even using a time-of-use plan like E6 (which they don't allow any more), off-peak is $0.16728/kWh in the summer, and peak summer is $0.35933/kWh. The ETOU-A and ETOU-B plans they're pushing people toward bottom out at $0.17279/kWh winter off-peak, up to $0.36335/kWh. Again, all baseline figures. Electric Vehicles and over-baseline (read: mining) will punish you to death.
https://www.pge.com/tariffs/tm2/pdf/ELEC_SCHEDS_E-TOU.pdf
In those rate plans, PG&E apparently spends more on transmission alone than Siberian customers entirely pay for service. Also, good luck explaining the plan structure to someone; it took me 20 minutes of edits just to put this comment together coherently.