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Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
shmadz
on
23/06/2016, 03:08:57 UTC
Quote from: Wladestaucs on June 23, 2016, 03:00:39 AM
Any idea how much it costs to mine a coin these days, just before the Halvening?
Curious because I'd like to know what a realistic floor for the price would be based on how much it costs to actually mine a coin.
New equipment is coming out from bitmain
https://www.bitmaintech.com/productDetail.htm?pid=0002016052907243375530DcJIoK0654
Electricity cost based on that unit is only like 100 bucks per coin,
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=14000.00&p=1500.00&pc=0.10&pf=0.00&d=209453158595.38100000&r=25.00000000&er=674.90000000
Realistically, I would put a guess around the 400 to 600 range after the halving, no reason to be over 800 max...
Personally, I'm quite happy to see some rationality this time around,
"As low as possible for as long as possible."