Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
lost_in_base
on 31/05/2017, 11:20:19 UTC
This is scary:

Antminer s9
13.th/s
1300w

time to generate 1 BTC with 13.5th/s 175 days
daily power cost at 0.06 cent rate, 1.87 US/day
175 day x 1.87USD =

only 327.25USD power cost to generate one BTC!!!!

Cost of 327USD would be fine at rates like 700-1000USD but hashrate is atleast 3 times too small to support current 2200USD price.

Hashrate has no time to correct this, price will.