Post
Topic
Board Speculation
Re: Bitcoin Price and why? Halving and future. info (Discussion/Debate)
by
Amph
on 17/02/2016, 10:26:03 UTC
again this argument, i've posted many times that the diff is rising because there is a good profit for miners yet

here the math again for the millionth time, one s7 produce 0.016 a day = roughly 0.5 a month = around $200 a month

consumption is only $45 a month(1200w x 24 x 30) at 0.05 electricity(some mega farm run on 0.03...so even lower)

no you see 200 vs 45, plenty of profit yet, now factor in the halving, still 100 vs 45, plenty of profit ...yet, now double the diff(300B) still 50 vs 45(at 0.05 rate) or 50 vs 30(at 0.03 rate), plenty of profit...yet