The last time I calculated the capitulating price for miners in post halving, it was at 37000$.
I am a Bitcoin mining expert and consultant and regarding my experience, the least energy price in the market is around 2.5 $cent/kwh (Which is quite rare!). so the minimum price typically starts from 3 $cent upto 4.5 $cent for industrial mining. (and 5$cent for smaller ones)... You whether need to buy in-scale capacity of electricty from power plant companies (50 MW or above) or you should be smart enough in finding intact/virgin places with cheap energy resources that are not affordable to be utilized in normal consitions!
The normal energy price for Bitcoin mining is sth in the range of 3-5 $cent....In the non-US countries, ususally the cheap source of energy is from Hydro plants...However, middle east is going to be a new player especially UAE! They can break the prices in below 3$cent
Is $37,000 the price of surrender for miners after the halving of the entire world or for an individual country? or is this the average?
I don’t know the mining conditions in many countries, but in Russia, even at a price of $30,000, miners will work with a profit after halving.
Yes, it's the price that miners will surrender. but what it means?...it means the price cannot survive long below this price level and the price will be unstable! (it doesn't mean it cannot breach that level!)
If you have access to energy prices below 2$cent/kwh then maybe you can mine profitably at 30000$!! but the average range of energy price for mining is something around
0.03-0.05 $cent/kwh...Tell me what is the industrial electricity price for energy in russia?
And also we should bear in mind there are also other factors for profitability of mining which include: the purchase price of your ASICs, the lifespan of your miners, etc