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January 17, 2014, 02:41:40 PM |
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Lets calculate the hash rate at the marginal rate of electricity;
0.10 $/kWatthour 800.00 Bitcoin price 150.00 Bitcoins per hour (using 25 per 10 mins target) 120,000.00 $ Payout per hour 1,200,000,000.00 Watt (price times payout) 0.70 Watts/GH/s (here I used the Neptune 20nm miner) 1,714,285,714 Giga Hash/s (Watt/0.7)
This is where I think we will eventually end up should the price stay at this level.
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