Post
Topic
Board Speculation
Re: Price of Bitcoin and Mining Profitability
by
Auponef
on 29/11/2015, 12:28:33 UTC
The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

still profitable with the s7, you see above, i displayed a net profit of about 300 per month, removing 150, will give you a net of another 150

so unless we fall under 150+ it will be profitable for them to continue to mine

S7 is the most efficient miners. Avolon A6 is just below it. Haobtc mining has ordered a lot. It will increase the hashing to 20P early next year.