Quote from: Korbman on January 15, 2015, 12:36:51 AM

Quote from: tsm13 on January 15, 2015, 12:16:33 AM

so doing some maths, if the avg btc gets to 136$ over 24hr period this will equal the maintenance fee

1Th/s = $1.555/day earning @ current difficulty and btc = $136

[...]

Let me know if my maths isn't correct

You're correct.

1 TH/s generates roughly BTC0.01144 per day at the current difficulty, and with a maintenance fee of $1.551 an equilibrium is reached at ~$135.61.

Quote from: ttf0 on January 14, 2015, 08:20:58 PM

Mining at a loss does not imply selling at a loss. [...]

...what does that even mean?

If you're mining at a loss, you're essentially "buying" Bitcoin at a higher price than you otherwise could on the market. If, for example, mining a single Bitcoin has a prime cost of $200 (energy, space, cooling, etc) and the current price per one Bitcoin is $180 on the open market, it makes more financial sense to power off the mining gear and purchase Bitcoin directly. If you choose to sell that Bitcoin you just mined, you'd end up with a loss of $20.

IF the $ stays low. A big farm has inertia. Leases, payroll, possibly other contracts. It's not like pulling the plug, then plugging back in 12 days/weeks/whatever later as it > breaks even again.