Re: 2021, time for a new general & diff speculation thread...
Block time for the last 24 hours is around 8.5 minutes with 167 blocks mined means 16% of the pace for the last day.
Not sustainable (I think and hope!) for more than a few days but still, this pace would translate into 185Exahash for the day, so above the May ATH.
I was curious what Riot stocks were being hammered in the market and browsing around I finally saw their results, so they have around 3Exahash, at the end of August they had 2.2, clearly, they are going to miss their target of 4 by the end of the year. Also for 2022, they've said 9Exa, I think the plans those companies had drawn back in summer are a bit unrealistic.
Mara stocks are the same, and there the things are murkier.
From what I see it's better to either mine or buy bitcoin directly than expect any huge gains from mining company shares, I have a feeling the hype in the bitcoin mining investments is beginning to dwindle.
I know, I've seen even here poeple who think that if the sun rises at 5:30 and goes down at 20:30 it means they have over 15 hours of continuous sun production at maximum capacity. And a lot who end up with a Pikachu face when I tell them much of Europe has about 3-4 hours of peak sun and they end up thinking I live on some island north of Norway
Not sustainable (I think and hope!) for more than a few days but still, this pace would translate into 185Exahash for the day, so above the May ATH.
I was curious what Riot stocks were being hammered in the market and browsing around I finally saw their results, so they have around 3Exahash, at the end of August they had 2.2, clearly, they are going to miss their target of 4 by the end of the year. Also for 2022, they've said 9Exa, I think the plans those companies had drawn back in summer are a bit unrealistic.
Mara stocks are the same, and there the things are murkier.
From what I see it's better to either mine or buy bitcoin directly than expect any huge gains from mining company shares, I have a feeling the hype in the bitcoin mining investments is beginning to dwindle.
So with net metering the meter runs backwards from about 10am to 4 or 5 pm. and forwards as sun is setting. of course i know you are joking 🙃 but some may not.
I know, I've seen even here poeple who think that if the sun rises at 5:30 and goes down at 20:30 it means they have over 15 hours of continuous sun production at maximum capacity. And a lot who end up with a Pikachu face when I tell them much of Europe has about 3-4 hours of peak sun and they end up thinking I live on some island north of Norway
yeah your peak number say 100k for nice home and barn array gets divided by 4 if it is on the equator and 7 if it is in a northern or southern Arctic/ Antarctic circle
so 100k peak could be 25k at best 24/7/365 or 14.7k at worst 24/7/365 also factor in wet rainy year etc.
Here in NJ at best 100/5 = 20 at worst 100/6 = 16.7
so any given year is between 16.7-20 kwatts for a 24/7/365
Once we get the big array done next spring we will be in an "always" make money setup.
Barring
theft
fires
gear breaking
government outlawing mining.
So for our company coins in the 45-65k range work well
obviously a move to 100k = better