Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)

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 :/

So, with all these fixed costs, at some point we'll have to shut down the mine until the bitcoin price makes it profitable again! I wonder if that will be sooner rather than later!