No worries 13-14k coming up.
impressive that you are 100% sure about the (final) low of this cycle.
do you mind sharing some of your insights that make that a done deal for you?
I made the following prediction in april 2021
70k by may I guarantee it.
so
13-14k by dec 1 I guarantee it.
proudhon will tell you math and science is the key.
if i tell you the math and science do not worry i will want to have to kill you.
so the bottom number is derived from s19 profits.
if you have a 100 th s19 and it burns 3kwatts that comes to
72 kwatts or $4.32 power cost.
at the moment 100 th earns 6.72
so the s19 nets $2.40 a day
that is too good and must get lower. say + or - 25 cents
over the years top line gear never loses much at six cent power.
so The 13-14 number is a very good guess unless the conflict ends unexpectedly.
unless putin dies tonight and the russian vs Ukraine conflict ends. Thats a unicorn as it is very unlikely to occur in the next few weeks. It would mean a massive rally.
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