Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
serveria.com
on 07/12/2019, 10:33:36 UTC


Is Miner Capitulation A Real Thing? Does This Affect The Price of Bitcoin?

Quote
The Cost Associated with Bitcoin Mining

https://medium.com/digital-alpha-research/is-miner-capitulation-a-real-thing-does-this-affect-the-price-of-bitcoin-ac4516030f0?

I think the chart is 2018, but the content of the article on the cost of mining Bitcoin is current.


Who wants to join me & start a mining farm in Myanmar?

Wink

Well most of these are "official" but there also some "unofficial" electricity prices. One of my friends offered me to invest in a mining farm in one of the eastern-European countries and according to him electricity was "free" or very cheap. I asked him how it was possible he said well the government is giving big discounts to farmers and so on. So Im sure if you look properly you should be able to cut these costs significantly. And yes I turned his offer down because it wasn't king BTC he was planning to mine...  Cool