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Title: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: Allex Ferreira on January 16, 2024, 05:53:48 PM Hey Bitcointalk Community,
With the hash rate of Bitcoin constantly climbing, I'm curious about how large-scale miners manage to stay profitable. What specific strategies or techniques are they using to cope with the increased competition and maintain their edge? Any insights or examples would be really appreciated. Thanks in advance! Best, Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: Easteregg69 on January 16, 2024, 05:55:44 PM Strategy is you make it like modules you can turn on and of without destroying the whole.
Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: NotFuzzyWarm on January 16, 2024, 06:27:50 PM Simple - 1st find areas that can provide massive amounts of cheap power and make long-term contracts with the power companies. Then use investors money to constantly upgrade equipment and expand their operations. Of course it is a vicious cycle as their ever increasing hash rate just makes diff go higher...
Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: Allex Ferreira on January 16, 2024, 10:21:30 PM Simple - 1st find areas that can provide massive amounts of cheap power and make long-term contracts with the power companies. Then use investors money to constantly upgrade equipment and expand their operations. Of course it is a vicious cycle as their ever increasing hash rate just makes diff go higher... So is a never ending operation? Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: NotFuzzyWarm on January 17, 2024, 02:36:18 AM Yep. Pretty much.
The upcoming 1/2ing will probably shake out many marginal-profit operations but I also expect that much of their newer hardware will be resold to the survivors.... Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: Allex Ferreira on January 17, 2024, 03:15:03 PM Yep. Pretty much. The upcoming 1/2ing will probably shake out many marginal-profit operations but I also expect that much of their newer hardware will be resold to the survivors.... what is the upcoming 1/2ing? Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: NotFuzzyWarm on January 17, 2024, 03:30:20 PM what is the upcoming 1/2ing? Um you should probably checkout the Beginners & Help area... (https://bitcointalk.org/index.php?board=39.0)One excellent post from there is this one with a ton of useful links. (https://bitcointalk.org/index.php?topic=5481900.msg63512868#msg63512868) Title: Re: Strategies of Large-Scale Miners in Responding to Rising Hash Rates Post by: Allex Ferreira on January 17, 2024, 07:55:02 PM what is the upcoming 1/2ing? Um you should probably checkout the Beginners & Help area... (https://bitcointalk.org/index.php?board=39.0)One excellent post from there is this one with a ton of useful links. (https://bitcointalk.org/index.php?topic=5481900.msg63512868#msg63512868) You mean Bitcoin Halving!!! why did not say in full ;D ;D ;D hahahah |