Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
lightfoot
on 20/11/2018, 21:51:46 UTC
Is this where the fucking $3,300 wall number is coming from? I was wondering who was pulling that number and from where.
I think their number is a bit low. They estimate 5c/kw for an S9 while the Chinese average for electricity is around 8c, and the US is around 10-12c. I think right now they're mining at a loss, and dumping coins to try and support this stupid hash war. Guess it will be worth it, but it's not sustainable in the long run.