Post
Topic
Board Speculation
Re: The negative impact of mining farms
by
ElectricMucus
on 26/10/2014, 18:08:10 UTC
Larger and larger mining farms are not what's increasing selling pressure. To the contrary, the larger the farm the cheaper the electricity and the cheaper the hardware to better the operating margin becomes.
A high operating margin gives miners the option to retain more of the mined Bitcoins while a low operating margin forces the miner to sell or at least get more capital by other means to pay bills.