Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 13/01/2022, 03:13:38 UTC
Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?

1 th earns .2296 usd  a day
10 th earns 2.296 usd a day
100 th earns 22.96 usd a day

126 th earns 28.93 usd a day

1000 th earns 229.60 usd a day
10000 th earns 2296.00 usd a day
100000 th earns 22960.00 usd a day
1000000th earns 229600.00 usd a day


1260000th earns  289,300.00 usd a day just about 1 block if rewards were .15 btc as 6.40 x 44000 = 281600

so he earned about 10,000 days worth of coin rather than 1

best machines to get exactly 126 th would be say 3 antminer t17 units or 2 whatsminer m20s units.

So basically it was hitting a 10000 to one shot.

Which means that, at the reference difficulty level, it can be expected to happen every 10,000 blocks * 10 min/block = 100,000 minutes.

That is, once in 70 days - or 10 weeks.

Definitely not a once in a lifetime event, if Philip's numbers are correct.

my numbers are based on 1 day of mining ie 144 blocks

not on 1 block that would be 144 x 10000 = 1,440,000 to 1 for a block

or 10,000 to one for a day.

I used the daily payout for 1 th at viabtc.

to get the numbers.