The mining bear for a 7 cent paid off farm with all s17's is at wait for it:

15k


math as follows

2kwatts x 24 = 48 kwatts a day round to 50

50 x 0.07 = $3.50 power cost


50 x 0.083 = $4.15 gross profit  at 19k

net of 4.15-3.50= 65 cents a day profit.

but at 15k

15/19= .7895 x 4.15= 3.27631 that is a 22 cents lost for a 7 cent miner with all s17's paid off.

7 cent is based on 6 cent power and building labor dead gear = 1 penny more.

this means we did not go bear for a miner. with 6+1 = 7 cent cost.

I am at lower power than that.

13k would be 13/19= .6842 x 4.15 = 2.839 in earnings my power cost is 4 cents + 1 = 5 cents so 5 x 50 = 2.50

2.839- 2.50 = 33 or 34 cent profit on my s17's

So for well setup miners we are not fully bear.

I could see 15-17 easy peasy in the next month and if we get there we need to stay there 2 diff jumps to fully shake most miners

I would be okay as low as 13k after that I would be mining at a loss.

For now I am ready to buy if we go to:

17
16
15
14
13
12?