Post
Topic
Board Bitcoin Discussion
Re: What is the real value of bitcoin today?
by
franky1
on 23/04/2022, 23:47:40 UTC

Forget all indicators , sentimental and fundamental discussion! Did any one calculate the theoretical value of BTC and identify its variance from the actual price?

values (note the s) is the features and benefits.
value(no s) is the financial number

anyway value, based on how i view it. and it has worked well for me over the years to view the value window which the bitcoin price sits within at any given time

network hashrate   203,000,000thash
hashrate/asic unit   140   thash
hardware cost/unit   $11,620   
      
asics running      1,450,000   
hardware cost 2 year   $16,849,000,000   
hardware cost /block   $160,467   
hardware cost /coin   $25,675   
      
hardware kw/unit   3.01   kw
hardware kw network   4,364,500   kw
      
cheapest mine rate   $0.04   
cheapest mine power cost/hour   $174,580.00   
cheapest mine power/block   $29,096.67   
cheapest mine power/coin   $4,655.47   
lowest 'value'   $30,330.13 (hardware+power cost /btc $25,675+$4,655.47)
      
expensive mine rate   $0.38   
expensive mine power cost/hour   $1,658,510.00   
expensive mine power/block   $276,418.33   
expensive mine power/coin   $44,226.93   
highest value   $69,901.60  (hardware+power cost /btc 25,675+$44,226.93)

thus value window is between $30k-$70k
and no its not a coincidence that while hashrate has been in this range that the price has been bouncing between $30k-$70k