Post
Topic
Board Mining speculation
Re: my new diff thread covers Oct 23 to nov 5? +0.033% to +1.16% ?
by
philipma1957
on 04/11/2014, 14:42:29 UTC
Just here to remind 1 sure thing......people that won in the past are those who mined in moderate way - near at loss and not who spread terahashes only when $/BTC rose.
Mining isn't done to be always a sure gain, and depending on price fluctuations (f.ex. 50-100$/btc) , expecting a scenario where big farms could be forced to slow down, is not so crazy. Of course small miners will be in same (or worste) situation, but I remind you that operative costs are much more sustainable for them than the farms.
Farms are taking a high risk, very difficult to estimate.

One of my points  described exactly as I think the big companies should look at.

Or here is another way Sep 25 , 2014 Diff = 34,661   Nov 4 , 2014 Diff = 39,500  that is after this evening's jump   this will be 3 jumps over 40 days with the avg of

about 4.5%.

Those numbers will make them rich with less risk. They will also allow the business to last longer.

 So the best interests for the big companies is less then 5% growth.

My assumptions are simple   :

1) btc price is at the 300-350 usd level.
2) growth needs to be under 5%