Still lots of profitable gear out there. S17pros on LPM, or some S17s with aftermarket firmware, are pretty close to S19pro in terms of profitability per TH. M30S is still doing OK too.
Texas power shortage is going to be just a temporary blip, that'll recover quickly. It does point out that the risk of mining in Texas is growing as they shut down reliable power sources in favor of wind and solar. I wonder how much $ those farms in Texas are getting for shutting down. I've heard of farms getting paid the current rate to take power offline. When things get close to overload that rate can be really high.
Farms shutting down because of power price hikes will still just be temporary blips... that gear is just going to wind up running at a different site.
I think price would need dip below 13k before we'd see a real sustained dump in diff.
Gear prices are still at 24 month ROI levels. I haven't noticed much movement in price in the last week or so, guess someone must be buying.
Texas power shortage is going to be just a temporary blip, that'll recover quickly. It does point out that the risk of mining in Texas is growing as they shut down reliable power sources in favor of wind and solar. I wonder how much $ those farms in Texas are getting for shutting down. I've heard of farms getting paid the current rate to take power offline. When things get close to overload that rate can be really high.
Farms shutting down because of power price hikes will still just be temporary blips... that gear is just going to wind up running at a different site.
I think price would need dip below 13k before we'd see a real sustained dump in diff.
Gear prices are still at 24 month ROI levels. I haven't noticed much movement in price in the last week or so, guess someone must be buying.
