Post
Topic
Board Mining speculation
Re: 2022 Diff thread.
by
stompix
on 10/05/2022, 16:29:40 UTC
Are there any electricity price changes at your countries? It seems to me energy prices are only scheduled to go up (way up). Adding ridiculously increasing hashrate into the equation, things aren't looking good for miners, even S19-tier.

I would be losing money mining on the grid with anything below s19 pro, even the standard s19 would make me lose money if I would be paying consumer rates. But, this is the EU, mining here stopped really competing with the world the moment the first ASIC went live.

This, apart from having tremendous impact on mining,

The big guys are tied by long-term contracts, they get electricity below 5 cents, sometimes even ridiculously low as 2.5-3.5, it will not affect the hashrate that much, we're indeed broke 12 cents per TH/s, the lowest in years but gear still keeps being delivered.

Quote
Latest Block:   735788  (2 minutes ago)
Current Pace:   104.5262%  (1965 / 1879.91 expected, 85.09 ahead)
Next Difficulty Change:   between +4.6133% and +4.6164%

8 hours to go, another 4.5, if we go below 30k again a lot of home miners if not all will realize they should have bought BTC rather than a 10k heater. Cheap gear anyone?

Oh, forgot this:

very much matching 2018
diff rose jan to oct
price dropped jan to oct

it turned into an over adjustment in that too much diff.
so diif went lower or flatter from oct 2018 for close to a year.
it remains to be seen if this repeats perfectly.

Same for  October 2020. We're heading for those numbers at full speed but I'm doubtful we'll have a bull run next few months.