When the colder weather comes the Bitcoin will rise.

[Febo]

Online activity in most departments goes up when it gets cold.  Next bubble incoming after the summer in the west.

Beach bums control the bitcoin price, not the whales 

lol i did not see any real summer this year. so i am not really sure if should i believe you.

[HarmonLi]

Online activity in most departments goes up when it gets cold.  Next bubble incoming after the summer in the west.

Beach bums control the bitcoin price, not the whales 

YES YES! Exactly what I'm always talking about! It's all the people who come back from their family holidays, starting to get back to their jobs, and then talk to their colleagues over lunch, when someone drops the word 'Bitcoin'... They'll learn about it and invest soon after! It's going to be an autumn rocket, I'm telling you guys!

[FreedomCoin]

Alot of people heat their homes in the winter with their mining rigs, i do not have a gas furnace. So if i need heat i have to run my A/C in reverse mode, and if the temps are below 40F it has to use heat strips. Which use a staggering 2.4KW..

So by mining and using about 700-800W last year my house stayed pretty warm, until it got below 30F. Then i needed to wear a jacket.

This winter i am building a 2nd GPU rig, so i am hoping to be comfortable in my home down to about 15F. Which in USDA Zone 8 is about as cold as it usually gets for any length of time. I do not run my rigs in the summer as my A/C kill cuts into my overhead.

So yes i expect the overall hashrate to rise, and in my experience so does the price. Also during the December Holidays many will buy their friends and family bitcoins as a present, they will be the new gift cards! I already have someone that wants to buy a few hundred dollars worth of BTC from me so he can divvy it up to his friends and family for the holidays.

[HarmonLi]

Alot of people heat their homes in the winter with their mining rigs, i do not have a gas furnace. So if i need heat i have to run my A/C in reverse mode, and if the temps are below 40F it has to use heat strips. Which use a staggering 2.4KW..

So by mining and using about 700-800W last year my house stayed pretty warm, until it got below 30F. Then i needed to wear a jacket.

This winter i am building a 2nd GPU rig, so i am hoping to be comfortable in my home down to about 15F. Which in USDA Zone 8 is about as cold as it usually gets for any length of time. I do not run my rigs in the summer as my A/C kill cuts into my overhead.

So yes i expect the overall hashrate to rise, and in my experience so does the price. Also during the December Holidays many will buy their friends and family bitcoins as a present, they will be the new gift cards! I already have someone that wants to buy a few hundred dollars worth of BTC from me so he can divvy it up to his friends and family for the holidays.

Yeah if you're really heating with electricity, you're best off doing this with a mining rig. It's just heating the apartment and getting a few bucks on the side! Better than just wasting the energy, I guess!

[crocko]

stop dreaming and lying, it won't happen
bitcoin is going to no where but down

stop spreading bearshit !

[btchaste]

Now people are on holidays and the volume is really low, probably in October we will se much more tradings.

[JimboToronto]

I've wondered if hashrate increases faster during cold seasons where BTC's widely mined, too. I'm partially pleased I haven't sold too many of my rigs... electric heating cost isn't too far off propane here, and it's nice to not need to even refill the tank until the Summer discount window.

You're not the only one. A cool spring meant I didn't shut down my miner until late May.

It should be up running again this autumn. Too bad it's last year's hardware, but that's OK.

Even a few million satoshis per month is better than squat when the cost of electrically heating my city place absorbs the cost of hashing.

[Mobius]

I've wondered if hashrate increases faster during cold seasons where BTC's widely mined, too. I'm partially pleased I haven't sold too many of my rigs... electric heating cost isn't too far off propane here, and it's nice to not need to even refill the tank until the Summer discount window.

You're not the only one. A cool spring meant I didn't shut down my miner until late May.

It should be up running again this autumn. Too bad it's last year's hardware, but that's OK.

Even a few million satoshis per month is better than squat when the cost of electrically heating my city place absorbs the cost of hashing.

I would not be surprised at all if the hashrate rises more when the weather is cold. If miners were to be able to not use heat but instead place their miners near windows to keep their house warm then they would need to worry less about the cost of electricity verses what they earn mining.

[JimboToronto]

I would not be surprised at all if the hashrate rises more when the weather is cold. If miners were to be able to not use heat but instead place their miners near windows to keep their house warm then they would need to worry less about the cost of electricity verses what they earn mining.

I don't even put mine in a window. I just use it to add supplementary heat to my coolish back bedroom.

Whatever I mine is gravy.

[jaberwock]

So if the global warming comes out to be true, Bitcoin is condemned to fail?

[Benjig]

Alot of people heat their homes in the winter with their mining rigs, i do not have a gas furnace. So if i need heat i have to run my A/C in reverse mode, and if the temps are below 40F it has to use heat strips. Which use a staggering 2.4KW..

So by mining and using about 700-800W last year my house stayed pretty warm, until it got below 30F. Then i needed to wear a jacket.

This winter i am building a 2nd GPU rig, so i am hoping to be comfortable in my home down to about 15F. Which in USDA Zone 8 is about as cold as it usually gets for any length of time. I do not run my rigs in the summer as my A/C kill cuts into my overhead.

So yes i expect the overall hashrate to rise, and in my experience so does the price. Also during the December Holidays many will buy their friends and family bitcoins as a present, they will be the new gift cards! I already have someone that wants to buy a few hundred dollars worth of BTC from me so he can divvy it up to his friends and family for the holidays.

Well i think the outdated mining rigs will end being used like this, lol.. or you can pile some of those , put a frying pan above them and fry some eggs.

[BitCoinNutJob]

Its feeling a bit colder and the bitcoin price is feeling a little more bullish 

1 month till next bubble.