Post
Topic
Board Mining speculation
Re: Diff thread Apr 1 to Apr 15? picks are closed.... prize = 0.1 btc
by
galdur
on 12/04/2016, 14:24:25 UTC
Well, I see it a little more positive right now. We need another 130 PH/s to raise the difficulty up by 10% -> or in other numbers thats like 27196 of new S7's (worth $15.3 million without shipping) on the net.

I wonder what´s the total investment in bitcoin mining. Must be in the hundreds of millions of dollars. Miners plus facilities and manpower. Maybe billions. Some of it must be pretty squeezed by now what with the big difficulty increases since last year. Investments usually mean debts.

Lots of companies are hurting due to bitmaintech's power in the game.

Make a new miner and the s-7 drops price to knock you out.

So the game changes from having good miners to having cheap power.

A one cent power cost and the s-7 crushes a .125 watt bitfury at four cent power.

Or a two cent power cost  makes the better s-7 plus which only bitmaintech has beat any other gear.

Yeah, it´s almost like they´ve been trying to wipe out the competition in the mining since last autumn. They have the best of both worlds anyway, they both make the equipment which is excellent in any gold rush, and they are a big player in mining.