Post
Topic
Board Beginners & Help
Re: Shouldn't the price per coin be closely related to the cost to mine them?
by
Anatol Kir
on 17/12/2013, 22:41:31 UTC
There are a lot of things that go into it like electricity cost, hardware cost and type of hardware too. If you order hardware from a supplier like Butterfly labs which has major shipping delays that's also a consideration since by the time your order arrives the difficulty and value of the coin may be vastly different.

Ok but surely someone can give a range. The average mining operation is spending how much per coin?

Whatever the number is, is theoretically the lowest the price of a coin should go. Or at least the risk of it going lower gets low enough to not worry me so much.