Quote from: joker_josue on Today at 07:02:11 PM

In a debate I'm having on my local tab, a table appeared with mining cost predictions.

Quote from: sabotag3x on Today at 02:04:13 PM

Fonte: https://cryptoslate.com/power-law-predicts-bitcoin-block-rewards-to-hit-5-5-million-within-10-years/

In my opinion, the hardware needs to take an evolutionary leap, so that we don't reach these values in 10 years.
What do you think?

faster gear does nothing to help the issue.

All the big companies feed money into bitmain and the same problem exists.

My mine is gone not because the machines do not earn money. We have a limit to our cheap power.

in December 2023 a th made 13 cents and the diff was 67t

now in August 2024 a th makes 4.2 cents and the diff is 90.6t

the diff factor is 90.6t/67t = 1.35x

blocks paid high in dec 2023 about 7.5 coins due to high fees

blocks pay 3.3 coins or a factor of 7.5/3.3 = 2.27x

so 2.27 x 1.35 = 3.06x

which is 13 cents a th now 4.2 cents

13/4.2 = 3.09x factor

but we went from 100th machines doing 3000 watts to 200th machines doing 3500 watts.

So better machines only helped bitmain.

We strictly need price boost one could argue 13 cents was too high and 8.4 cents a th was fair. that means price needs to jump to 125k asap

the only fix for the issue is price jumps to 125k asap. so that price gets infront of the diff.

right now diff is in front of price.

So the battle is as follows does price jump to 125k by years end or does the diff tank to more reasonable levels

TheYankeesWin!

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