Post
Topic
Board Economics
Re: Questionnaire for Miners: What's the value of a bitcoin?
by
asfas16123
on 12/06/2011, 17:00:19 UTC
From xonar's answers I estimate the value of a bitcoin to be about 8 €. This is the value xonar produces. Assuming that he is among the less productive miners with a small capital we may assume that the real value is a few € lower, maybe 4 € to 6 € or $5.5 to $8.5. The difference between value and price of $15 to $25 can thus be attributed to speculation.

lool own datacenter and 500 electricity bill a month small scale?
hes prolly among the top 100 miners on the whole network