Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
nwfella
on 31/07/2014, 00:43:35 UTC
any one know how to do the math on  , at what price does btc have to drop to  ,to have 0.00 divdends. a rough estimate will work too.
Your question doesn't make sense.  Dividends are not a function of BTC price.

You probably are asking what difficulty.   I don't know, but you can probably figure that double the difficulty is 1/2 the dividend.  So if the dividend is ~1000 satoshis would be less ~ 0 after 11 doublings.   So 140 PH/s * 2048 ==> ~ 280 EH/s.   (1000 PH/s = 1 EH/s)
  i meant  , if btc drops too low  , the  coins mine would  not be able to cover the hosting/power cost or what not. im assuming they trade the coins in for cash to pay the upkeep.  what price would it have to fall to   make the dividends be at zero.
My guess is it wouldn't have to be quite as much as people think.  Somewhere around $325-350ish range would be my guess.  Based on a rough guesses as to the power consumption for the hardware he's running and it's efficiency.  Since his hosting and electric fee's will continue to be the same from here on out it appears :/