Removed.

[Wilhelm]

The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!

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[Strongkored]

The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!

The difficulty will rise again to make the mine less profitable, then the price rises again. This cycle continues.

[NanoPipe]

The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!

The difficulty will rise again to make the mine less profitable, then the price rises again. This cycle continues.

The difficulty is predicted to rise 8.5% in 5 days. There are too many new miners coming to the farms.

[greBit]

The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!

Price increasing good for bitcoin miners because If price increases according to their mining they get pay by blockchain. Only problem for bitcoin miners is electricity So nowadays big miners switched to Solar power system for mining. Once halving done price of the bitcoin will run like a rocket. And mining also will reduce accordingly.

[Bemerand]

The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!

Price increasing good for bitcoin miners because If price increases according to their mining they get pay by blockchain. Only problem for bitcoin miners is electricity So nowadays big miners switched to Solar power system for mining. Once halving done price of the bitcoin will run like a rocket. And mining also will reduce accordingly.

Big miners will not switch to solar power system for mining, as solar panel only works in day time. I most most mining farms move to use hydro power, which is more reliable.

[LMGTFY]

Big miners will not switch to solar power system for mining, as solar panel only works in day time. I most most mining farms move to use hydro power, which is more reliable.

Every solar setup I've seen (rural industries and boats, mostly, some urban, though typically domestic) has used batteries (12/24v DC) because the owners have anticipated not just night time but cloudy days too.

[Bemerand]

Big miners will not switch to solar power system for mining, as solar panel only works in day time. I most most mining farms move to use hydro power, which is more reliable.

Every solar setup I've seen (rural industries and boats, mostly, some urban, though typically domestic) has used batteries (12/24v DC) because the owners have anticipated not just night time but cloudy days too.

With the inclusion of battery and no subsidy from government, will be solar panel still be a profitable option for mining?

[LMGTFY]

Big miners will not switch to solar power system for mining, as solar panel only works in day time. I most most mining farms move to use hydro power, which is more reliable.

Every solar setup I've seen (rural industries and boats, mostly, some urban, though typically domestic) has used batteries (12/24v DC) because the owners have anticipated not just night time but cloudy days too.

With the inclusion of battery and no subsidy from government, will be solar panel still be a profitable option for mining?

It depends. Solar would be a (mostly) one-off cost - once the miner has invested in a solar system there are no further major costs. Unless the miner owns the hydro plant (which is possible - I've seen small-scale hydro power generation on farms), they'll be looking at regularly recurring costs. But wasn't this part of the discussion about reliability?