Post
Topic
Board Mining
Re: Massive drop in Hashrate (50%) ~100 ExH/S
by
DaveF
on 30/06/2021, 11:48:46 UTC
I'm not in a hot place like Mikeywith is, but still, 90F/32C (?) sounds like something usual for the start of the summer, the temperature in both Vienna and Prague have already hit that mark, and it's not July yet.  I just look at the average temperatures for Seattle and from what I see there have been quite a lot of times when it went past that so if you're building your farm with that little tolerance....

https://www.npr.org/2021/06/29/1011269025/photos-the-pacific-northwest-heatwave-is-melting-power-cables-and-buckling-roads

It's far above normal, but it not just that. There is a difference between hitting 95F for an hour or tow in the highest point of the day and then dropping or a lot or like it is now with it just sitting at that temperature for hours and hours.

The gear cooling might be badass but I think your own body cooling is far more intriguing, I can easily deal with -25C, but when it goes above 35-57C I turn into a useless mass of precooked jelly.

I'm the opposite. I can take the heat, but the cold just makes me ache. I hate putting on layers and layers of clothing just to go outside for 10 minutes.

Here in NY, it's not been terrible. It's just fact that it's the end of June, this is the middle of August kind of heat.

I know no-one wants to talk about other algos but
..
Bitmain mines more than 1 algo
so when they go back online they will pick which Algorthims  go online first.
This give them a lot of very interesting choice.
ie do they deploy L7+ units over s19pros
and buy BTC with LTC and Doge earnings.
ie do they deploy Eth asics
and buy BTC with Eth earnings.
Remember they are a very large powerful business.
Making business choices like this are pretty easy.
L7+ gear destroys the profits of Any and all sha 256 gear on a $ per watt basis
Eth asic gear buries the the profits of any and all sha 256 gear on a $ per watt basis.
I know people hate this info but it is what it is.

https://www.coinwarz.com/mining/bitcoin/hashrate-chart
https://www.coinwarz.com/mining/ethereum/hashrate-chart
https://www.coinwarz.com/mining/dogecoin/hashrate-chart
https://www.coinwarz.com/mining/litecoin/hashrate-chart

Why would they even bother to convert ltc and some other coins to BTC?
They can sit on it. They should have more then enough BTC to keep paying out what they have to.



It's going to be interesting to see what happens over the next few months. Will the big farms that are not part of the miner manufacturers come back online or will they start selling off their gear in with the plan to have money available for when the new more efficient gear comes online.
-Dave