Post
Topic
Board Mining speculation
Re: 2022 Diff thread.
by
a1 Hashrate LLC2022
on 19/07/2022, 17:22:00 UTC
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 agree, in fact, not even on different sites might be needed, I think oil/gas prices will come crashing in a few months, you can't have a bad economy and high oil/gas prices, where will the demand come from? if there is enough demand to keep driving power prices up then there will be enough money to keep moving assets' value higher, given that Russia has only reduced its production by 25% it seems like the high prices are mainly due to the western sanctions which force them to buy Russian oil at a higher price from the 3rd party like India, but eventually, demand will slow down and prices should fall which gives more room for many miners to keep on mining for a good while.

Maybe.

with my heat issues I am lowering my gear and trying to not over heat.

we put in a nice large vent and an evaporator cooler. So far we are hanging in there at about 102f at the exhaust vent. and 91 at the evaporator.


I am philipma1957's alt and I am going to merge post above and delete it

 as I do not want to reply to myself.



Quote
https://www.bitrawr.com/difficulty-estimator

Latest Block:   745650  (31 minutes ago)

Current Pace:   95.3907%  (1747 / 1831.42 expected, 84.42 behind)

Previous Difficulty:   29570168636357.99                           
Current Difficulty:   29152798808271.88                           
Next Difficulty:   between 27833147298331 and 27855597227869
Next Difficulty Change:   between -4.5267% and -4.4497%
Previous Retarget:   July 6, 2022 at 8:06 PM  (-1.4115%)
Next Retarget (earliest):   Thursday at 12:03 PM  (in 1d 22h 42m 38s)
Next Retarget (latest):   Thursday at 12:20 PM  (in 1d 22h 59m 58s)
Projected Epoch Length:   between 14d 15h 56m 47s and 14d 16h 14m 8s