Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
deepcolderwallet
on 01/06/2017, 00:31:25 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.



How scared you'd be if you suddenly find out that 4 GPUs RX-480 in a simple rig mining ETH and converting to bitcoin AT TODAYS RATES would give you the same amount of Bitcoin as an Antminer S-9?