Quote from: Coinfarm ventures on May 10, 2022, 02:38:45 PM

Quote from: robertpaulsen on May 10, 2022, 10:48:50 AM

Are there any electricity price changes at your countries? It seems to me energy prices are only scheduled to go up (way up).

U.S. wholesale energy price is going up by a cent because natural gas is very expensive now. But it depends on the region. PJM & ERCOT are seeing big increases while I would guess Washington/New York aren't as affected because they use hydropower.

$31k coin, 1 cent more for power... we're approaching the production cost of many U.S. farms which currently pay 6-7 cents for their power and 1 cent for rent. They won't make profit anymore.

At 8 cents for power and rent wouldn't it continue to net a measly amount of BTC even if price dropped to about 16000?