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Bitcoin Forum > Economy > Economics > Speculation > What is BTC cost of production?
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BlindMayorBitcorn (OP)
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December 11, 2014, 12:24:41 AM
 #1
And given the coins mined already, for peanuts, does it really matter??
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
Pecunia non olet
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December 11, 2014, 02:22:43 AM
 #2
funnily enough production costs go down as price and difficulty does.

I guess it's over then. Failed miserably.

50$ coins here we come

all shitcoins go to zero eventually. Bitcoin is no exclusion. Wrong premisis regarding inflation.
hongl3liang
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December 11, 2014, 03:23:50 AM
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Electricity cost per bitcoin is on average about $ 150 dollars not including the cost of labor, machine and renting data center.
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