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Author Topic: Misleading electricity costs on blockchain.info  (Read 724 times)
npl
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November 27, 2013, 06:24:38 PM
 #1

It's showing over $11 million per 24h

https://blockchain.info/stats

But I'd estimate the cost at no more than $150,000. This is affecting many of the other stats (operating profit).

Why the gross discrepancy? Do they want to discourage people from mining?

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Zelek Uther
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November 27, 2013, 07:03:02 PM
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It's a holdover from the GPU mining days. The electricity consumption of 650W per GH/s and equipment cost of $1,000 per GH/s are based on GPU mining costs.

They really should update this to reflect typical ASIC values.

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November 27, 2013, 10:21:54 PM
 #3

They are too lazy to change the graph , or rather to delete it.
Anyhow the cost are average , nobody knows how efficient , how many and at what electricity cost the new asics run.

There is so much difference between the new miners like knc and the old ones it'a  a pain in the ass to calculate this.

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November 28, 2013, 02:04:02 AM
 #4

Yeah dont pay attention to those graphs, they are still in the year 2010...

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