Post
Topic
Board Mining support
Re: Mt. Gox drops to 20, reconsidering your mining rigs?
by
mouser98
on 13/06/2011, 15:26:38 UTC
you need another option:  am satisfied with my rig, no plans to increase or decrease mining operations.

in another thread someone mentioned the relation between price and difficulty at difficulty divided by 25,000.  at current difficulty, that puts the price at $22.69, which is pretty close to the point the mt gox price seems to be swinging around.  of course, the denominator, 25000, will go down as more FRNs show up in the market.

in any case, i can see no reason to panic.