mikeywith
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The only entity who'll make profitable money off of this is Binance (and all the scammers who'll inevitably use their likeness to push cloud mining as "profitable" to more victims). It is well known that buyers aren't going to make a margin of profit off of any cloud mining product unless they run it for a long time and Binance doesn't screw them over by dropping the rewards later on.
Even running them for long enough is very likely to yield profit, but either way, let's run some math here: Cost per th for 180 = 13.1580$ Estimated profit with both difficulty and price staying flat: 12.6$ Scenario 1: both stay flat > you lose Scenario 2: difficulty gues up while price goes down > You lose more Scenario 3: difficulty stays flat while price goes up > You win (only if prices increases more than 4.25% for the average of the 180 days) Scenario 4: difficulty goes down while price goes up > you win more so in 2/4 you could win, although the conditions needed to win are less likely to happen, especially the difficulty part, it just doesn't go down, so it's more like 30% chances of winning at best. All the above is in respect to fiat, let's run the same thing in respect to BTC.
Cost per th for 180 = 0.0004464 BTCEstimated profit with both difficulty and price staying flat: 0.0004274 BTCScenario 1: both stay flat > You lose Scenario 2: difficulty goes up while price goes down > You lose more Scenario 3: difficulty stays flat while price goes up > You lose Scenario 4: difficulty goes down while price goes up > you win (only if difficulty drops more than 4.25% for the average of the 180 days) 1/4 you could win, but only if difficulty drops more than 4.25%, is that impossible? nop, is it very unlikely? indeed? So you are going to need to be very , very lucky to end up winning anything out of this. I think Binance could be setting up a trap for the naive folks with its 180 days packages, anyone who buys the package =<180 to the halving will certainly end up losing despite any condition. Oh ya, not to mention that in the rare event of difficulty dropping and packages start actually yielding profits, Bitmain could just end the deal as that isn't against the agreement you have to sign.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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philipma1957 (OP)
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'The right to privacy matters'
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July 28, 2023, 01:41:37 AM |
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USA record heat is helping hash rates drop. https://www.bitrawr.com/difficulty-estimatorLatest Block: 800551 (10 minutes ago) Current Pace: 90.4356% (200 / 221.15 expected, 21.15 behind)Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 47387336739304 and 51319279060781 Next Difficulty Change: between -9.4423% and -1.9283% Previous Retarget: Yesterday at 8:39 AM (-2.9361%) Next Retarget (earliest): August 9, 2023 at 3:21 PM (in 12d 17h 50m 32s) Next Retarget (latest): August 10, 2023 at 8:11 PM (in 13d 22h 40m 35s) Projected Epoch Length: between 14d 6h 42m 3s and 15d 11h 32m 6s Copy stats to clipboard https://www.azcentral.com/story/news/local/arizona-weather/2023/07/26/phoenix-heat-records-that-remain/70470808007/#"It's no shock that the current heat wave beating down on the Phoenix area has been nothing short of record setting. Wednesday's projected high temperature in the Valley is 119 degrees, which, if it even gets to 110, will keep the current 26-day streak of days of 110 degrees or higher alive, pushing it to 27. Additionally, those in Phoenix woke up to a low of 96 degrees on Wednesday, one degree short of the all-time low of 97 degrees set on July 19 last week, making 17 straight days of having the daily low temp at 90 degrees or higher. The July 26 low, however, did surpass the previous daily high low of 94 degrees set in 2018." https://www.houstonchronicle.com/news/houston-weather/article/houston-hottest-days-july-weather-temperature-18192567.php paywall for this one. https://www.currentresults.com/Yearly-Weather/USA/TX/Houston/extreme-annual-houston-high-temperature.phphttps://www.nbcdfw.com/weather/weather-connection/nbc-5-forecast-2/2286145/https://www.kxan.com/weather/forecast/todays-forecast/"AUSTIN (KXAN) — Austin is on track to tally its most back-to-back 100-degree days on record next week as unseasonably hot, dry weather continues. Temperatures reached 103 degrees Thursday in Austin, our 20th-consecutive day. Hazy skies continue, brought on by a cloud of African dust. Austin’s air quality is expected to be moderate due to the dust through the coming weekend." https://www.cnn.com/2023/07/18/weather/heat-wave-end-phoenix-texas-climate/index.htmlthese numbers are suppressing the Diff . May last 20 or more days. So with luck we drop two more jumps maybe?
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stompix
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Blackjack.fun
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July 29, 2023, 01:35:29 AM |
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USA record heat is helping hash rates drop. Obviously, it was just a fluke, sorry but I don't believe a 10% to be possible because of a heatwave unless the grid goes down completely in all of US Current Pace: 95.4291% (347 / 363.62 expected, 16.62 behind)
147 blocks later and we're 5 blocks over the speed in this interval. Blockchair shows 148 blocks in the last 24h Btw, the funny thing, the weather in Europe is getting colder, you should see London or Rotterdam forecast, all under 20C for a week, but since we don't have cheap energy I guess it doesn't matter. My temperature monitor says that even with 9kw output they haven't managed to raise the temperature yesterday to pass 22 degrees in the basement, that concrete bunker is just sucking heat. And it's July! Scenario 4: difficulty goes down while price goes up > you win (only if difficulty drops more than 4.25% for the average of the 180 days) 1/4 you could win, but only if difficulty drops more than 4.25%, is that impossible? nop, is it very unlikely? indeed?
Ok, I know how my record list looks like, and how my predictions have ended, but on this one let me be blunt: It's NOT going to happen! The price staying at least the same and the difficulty dropping on average for 180 days 4.5% ? Why would it? Second, the package was sold out for 2023-09-30 ~ 2024-03-27, so, you're locking your coins now to start mining two months from now?
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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philipma1957 (OP)
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'The right to privacy matters'
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July 29, 2023, 05:19:04 PM |
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USA record heat is helping hash rates drop. Obviously, it was just a fluke, sorry but I don't believe a 10% to be possible because of a heatwave unless the grid goes down completely in all of USCurrent Pace: 95.4291% (347 / 363.62 expected, 16.62 behind)
147 blocks later and we're 5 blocks over the speed in this interval. Blockchair shows 148 blocks in the last 24h Btw, the funny thing, the weather in Europe is getting colder, you should see London or Rotterdam forecast, all under 20C for a week, but since we don't have cheap energy I guess it doesn't matter. My temperature monitor says that even with 9kw output they haven't managed to raise the temperature yesterday to pass 22 degrees in the basement, that concrete bunker is just sucking heat. And it's July! Scenario 4: difficulty goes down while price goes up > you win (only if difficulty drops more than 4.25% for the average of the 180 days) 1/4 you could win, but only if difficulty drops more than 4.25%, is that impossible? nop, is it very unlikely? indeed?
Ok, I know how my record list looks like, and how my predictions have ended, but on this one let me be blunt: It's NOT going to happen! The price staying at least the same and the difficulty dropping on average for 180 days 4.5% ? Why would it? Second, the package was sold out for 2023-09-30 ~ 2024-03-27, so, you're locking your coins now to start mining two months from now? If grid went off completely in USA hash rate would drop over 40% I do agree early numbers under 500 blocks are not accurate so -10% is high. But at 445 blocks in we are -3.04% https://www.bitrawr.com/difficulty-estimatorLatest Block: 800796 (7 minutes ago) Current Pace: 96.9528% (445 / 458.99 expected, 13.99 behind)Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 50766754271997 and 51703699643382 Next Difficulty Change: between -2.9842% and -1.1936% Previous Retarget: last Wednesday at 8:39 AM (-2.9361%) Next Retarget (earliest): August 9, 2023 at 12:48 PM (in 10d 23h 38m 59s) Next Retarget (latest): August 9, 2023 at 7:13 PM (in 11d 6h 3m 45s) Projected Epoch Length: between 14d 4h 8m 51s and 14d 10h 33m 37s so if we were at 53.9t dropped to 52.2t and do -3% we will be at 50.6t over the 2 jumps 53.9 down to 50.6 is pretty good for summer heat. https://www.weathercentral.com/weather/us/maps/heat-index
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mikeywith
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August 01, 2023, 12:54:05 PM |
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We have gone up quite a bit the last 2 days, the pace is approaching 100% Latest Block: 801205 (a few seconds ago) Current Pace: 99.4056% (854 / 859.11 expected, 5.11 behind) Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 52035366153788 and 52132325350741 Next Difficulty Change: between -0.5598% and -0.3745% Previous Retarget: last Wednesday at 3:39 PM (-2.9361%) Projected Epoch Length: between 14d 1h 20m 29s and 14d 2h 0m 32s I agree with phill regarding the heatwave/s, the only logical reason as to why difficulty has stopped increasing as much for the past couple of weeks is due to the hot summer in major mining cities like Texas, if this continues, then august should be a flat month in terms of difficulty, as we approach September we should start climbing again, the usually 2-3% per epoch.
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philipma1957 (OP)
Legendary
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'The right to privacy matters'
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August 01, 2023, 01:05:05 PM |
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We have gone up quite a bit the last 2 days, the pace is approaching 100% Latest Block: 801205 (a few seconds ago) Current Pace: 99.4056% (854 / 859.11 expected, 5.11 behind) Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 52035366153788 and 52132325350741 Next Difficulty Change: between -0.5598% and -0.3745% Previous Retarget: last Wednesday at 3:39 PM (-2.9361%) Projected Epoch Length: between 14d 1h 20m 29s and 14d 2h 0m 32s I agree with phill regarding the heatwave/s, the only logical reason as to why difficulty has stopped increasing as much for the past couple of weeks is due to the hot summer in major mining cities like Texas, if this continues, then august should be a flat month in terms of difficulty, as we approach September we should start climbing again, the usually 2-3% per epoch. yeah heat will fade in late august or early sept and then onwards and upwards.
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DaveF
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Crypto Swap Exchange
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August 02, 2023, 04:12:30 PM |
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Keep in mind as of today, LTC is hitting it's halving. How many people that were power or heat limited are now going to be switching off their scrypt ASICs and turning on their SHA ones?
I'm using rigs that are so old for both that in the end that although it's probably going to be more profitable to put the SHA back, due to the time and effort and gas to get to them it's not gong to happen for a while.
But the larger places, that have staff onsite will probably just swap over depending on their equipment.
-Dave
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philipma1957 (OP)
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'The right to privacy matters'
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August 08, 2023, 09:02:06 PM |
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Keep in mind as of today, LTC is hitting it's halving. How many people that were power or heat limited are now going to be switching off their scrypt ASICs and turning on their SHA ones?
I'm using rigs that are so old for both that in the end that although it's probably going to be more profitable to put the SHA back, due to the time and effort and gas to get to them it's not gong to happen for a while.
But the larger places, that have staff onsite will probably just swap over depending on their equipment.
-Dave
yeah but Doge went up a bit and the amazing L3+ is still viable with cheap power. https://www.bitrawr.com/difficulty-estimatorLatest Block: 801719 (a minute ago) Current Pace: 98.9171% (1368 / 1382.98 expected, 14.98 behind)Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 51772830465832 and 51829673909782 Next Difficulty Change: between -1.0615% and -0.9529% Previous Retarget: July 26, 2023 at 8:39 AM (-2.9361%) Next Retarget (earliest): Wednesday at 11:57 AM (in 4d 12h 48m 8s) Next Retarget (latest): Wednesday at 12:20 PM (in 4d 13h 10m 56s) Projected Epoch Length: between 14d 3h 17m 53s and 14d 3h 40m 41s Copy stats to clipboard much like the price very sideways. https://www.bitrawr.com/difficulty-estimatorLatest Block: 802218 (7 minutes ago) Current Pace: 100.4676% (1867 / 1858.31 expected, 8.69 ahead)Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 52580029123523 and 52581418367555 Next Difficulty Change: between +0.4810% and +0.4837% Previous Retarget: July 26, 2023 at 8:39 AM (-2.9361%) Next Retarget (earliest): Tomorrow at 7:05 AM (in 1d 0h 43m 3s) Next Retarget (latest): Tomorrow at 7:06 AM (in 1d 0h 43m 34s) Projected Epoch Length: between 13d 22h 26m 10s and 13d 22h 26m 41s Copy stats to clipboard https://www.bitrawr.com/difficulty-estimatorLatest Block: 802268 (16 minutes ago) Current Pace: 99.7312% (1917 / 1922.17 expected, 5.17 behind)Previous Difficulty: 53911173001054.59 Current Difficulty: 52328312063443.84 Next Difficulty: between 52195762236717 and 52196081074418 Next Difficulty Change: between -0.2533% and -0.2527% Previous Retarget: July 26, 2023 at 8:39 AM (-2.9361%) Next Retarget (earliest): Tomorrow at 9:33 AM (in 0d 16h 32m 32s) Next Retarget (latest): Tomorrow at 9:33 AM (in 0d 16h 32m 40s) Projected Epoch Length: between 14d 0h 54m 12s and 14d 0h 54m 19s Copy stats to clipboard price 30k diff close to 0
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philipma1957 (OP)
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'The right to privacy matters'
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August 16, 2023, 12:05:04 PM |
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https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803443 (7 minutes ago) Current Pace: 106.9021% (1076 / 1006.53 expected, 69.47 ahead)Previous Difficulty: 52328312063443.84 Current Difficulty: 52391178981379.36 Next Difficulty: between 55219582684697 and 56060354355984 Next Difficulty Change: between +5.3986% and +7.0034% Previous Retarget: August 9, 2023 at 8:18 AM (+0.1201%) Next Retarget (earliest): Tuesday at 10:36 AM (in 6d 2h 33m 5s) Next Retarget (latest): Tuesday at 3:19 PM (in 6d 7h 16m 4s) Projected Epoch Length: between 13d 2h 18m 22s and 13d 7h 1m 21s Copy stats to clipboard looks pretty bad +7%. I am guessing heat issues have been solved since summer is almost over.
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philipma1957 (OP)
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'The right to privacy matters'
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August 17, 2023, 01:15:32 PM |
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https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803443 (7 minutes ago) Current Pace: 106.9021% (1076 / 1006.53 expected, 69.47 ahead)Previous Difficulty: 52328312063443.84 Current Difficulty: 52391178981379.36 Next Difficulty: between 55219582684697 and 56060354355984 Next Difficulty Change: between +5.3986% and +7.0034% Previous Retarget: August 9, 2023 at 8:18 AM (+0.1201%) Next Retarget (earliest): Tuesday at 10:36 AM (in 6d 2h 33m 5s) Next Retarget (latest): Tuesday at 3:19 PM (in 6d 7h 16m 4s) Projected Epoch Length: between 13d 2h 18m 22s and 13d 7h 1m 21s Copy stats to clipboard looks pretty bad +7%. I am guessing heat issues have been solved since summer is almost over. No better https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803616 (9 minutes ago) Current Pace: 107.9509% (1249 / 1157.01 expected, 91.99 ahead)Previous Difficulty: 52328312063443.84 Current Difficulty: 52391178981379.36 Next Difficulty: between 55952250967641 and 56603399671918 Next Difficulty Change: between +6.7971% and +8.0399% Previous Retarget: August 9, 2023 at 8:18 AM (+0.1201%) Next Retarget (earliest): Tuesday at 7:33 AM (in 4d 22h 25m 4s) Next Retarget (latest): Tuesday at 11:08 AM (in 5d 2h 0m 0s) Projected Epoch Length: between 12d 23h 15m 9s and 13d 2h 50m 4s Copy stats to clipboard +7.9% price is down to 28.4k viabtc is down to 6.94 cents a th or $7.63 for a 110 th s19 pro which burns close to 80 kwatts or $8.00 at 10 cents a loss of 37 cents a day $7.20 at 9 cents a gain of 43 cents a day $6.40 at 8 cents a gain of $1.23 a day $5.60 at 7 cents a gain of $2.03 a day $4.80 at 6 cents a gain of $2.83 a day $4.00 at 5 cents a gain of $3.63 a day
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alh
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August 18, 2023, 09:04:40 PM |
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If you were just barely profitable at $27K for BTC, you are no longer.
Current BTC price is $26,100.
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philipma1957 (OP)
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'The right to privacy matters'
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August 18, 2023, 09:43:05 PM |
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If you were just barely profitable at $27K for BTC, you are no longer.
Current BTC price is $26,100.
yeah viabtc is down close to six cents a th. 6.37 cents so a 100 th is $6.37 earnings if it burns 80 kwatt at 8 cents you are losing 3 cents. So you need 7 cent power for any shot of profit. we almost never get to 6 cent power = loss. and we are not there yet.
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mikeywith
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August 18, 2023, 10:45:02 PM |
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yeah viabtc is down close to six cents a th.
6.37 cents so a 100 th is
$6.37 earnings
if it burns 80 kwatt at 8 cents you are losing 3 cents.
So you need 7 cent power for any shot of profit.
we almost never get to 6 cent power = loss.
and we are not there yet.
Ya but with the expected difficulty change that is coming in 3 days, the profitability will be 5.9 cents, terrible for 7 cents, not so good for 6 cents, we are very close to 6 cents being hardly profitable which is usually the worst it can be. This only changes if price bounces back up, or difficulty starts slowing down the next epoch and makes a negative adjustment. Latest Block: 803810 (a few seconds ago) Current Pace: 106.6792% (1443 / 1352.65 expected, 90.35 ahead) Previous Difficulty: 52328312063443.84 Current Difficulty: 52391178981379.36 Next Difficulty: between 55626377615968 and 55929904890431 Next Difficulty Change: between +6.1751% and +6.7544% Previous Retarget: August 9, 2023 at 3:18 PM (+0.1201%) Next Retarget (earliest): Tuesday at 6:16 PM (in 3d 17h 31m 14s) Next Retarget (latest): Tuesday at 7:58 PM (in 3d 19h 13m 12s) Projected Epoch Length: between 13d 2h 57m 46s and 13d 4h 39m 44s
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philipma1957 (OP)
Legendary
Online
Activity: 4116
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'The right to privacy matters'
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August 18, 2023, 10:48:41 PM |
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yeah viabtc is down close to six cents a th.
6.37 cents so a 100 th is
$6.37 earnings
if it burns 80 kwatt at 8 cents you are losing 3 cents.
So you need 7 cent power for any shot of profit.
we almost never get to 6 cent power = loss.
and we are not there yet.
Ya but with the expected difficulty change that is coming in 3 days, the profitability will be 5.9 cents, terrible for 7 cents, not so good for 6 cents, we are very close to 6 cents being hardly profitable which is usually the worst it can be. This only changes if price bounces back up, or difficulty starts slowing down the next epoch and makes a negative adjustment. Latest Block: 803810 (a few seconds ago) Current Pace: 106.6792% (1443 / 1352.65 expected, 90.35 ahead) Previous Difficulty: 52328312063443.84 Current Difficulty: 52391178981379.36 Next Difficulty: between 55626377615968 and 55929904890431 Next Difficulty Change: between +6.1751% and +6.7544% Previous Retarget: August 9, 2023 at 3:18 PM (+0.1201%) Next Retarget (earliest): Tuesday at 6:16 PM (in 3d 17h 31m 14s) Next Retarget (latest): Tuesday at 7:58 PM (in 3d 19h 13m 12s) Projected Epoch Length: between 13d 2h 57m 46s and 13d 4h 39m 44s yeah if we do +6% and price drops to 24k we will be about as low as we have been for miners in a long time.
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stompix
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Blackjack.fun
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August 19, 2023, 03:16:50 PM |
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Hmm, they've changed the site name again? https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803903 (3 minutes ago) Current Pace: 105.4325% (1536 / 1456.86 expected, 79.14 ahead) Next Retarget (earliest): Tuesday at 9:59 PM (in 3d 3h 52m 40s)
3 days left, 5% up, too little time to see any major players turning their gear off or turning them to make a dent anymore I guess. Based on Viabtc numbers income si at $0.063 per th/s. The last S19pro that was on sale will make you $6.3 a day burning 72kwh, you're above $0.087 you lose money, if you don't use additional cooling, you don't pay staff, you don't pay rent and you don't pay a lot of other things. Looking back at older gear , S17, you make $3.3, 48kwh, and you lose money at $0.068. If it goes below 25k and the hash rate doesn't drop at least a bit in the next adjustment after going up 5%!!!!! something fishy is happening.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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philipma1957 (OP)
Legendary
Online
Activity: 4116
Merit: 7863
'The right to privacy matters'
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August 19, 2023, 07:55:15 PM |
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Hmm, they've changed the site name again? https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803903 (3 minutes ago) Current Pace: 105.4325% (1536 / 1456.86 expected, 79.14 ahead) Next Retarget (earliest): Tuesday at 9:59 PM (in 3d 3h 52m 40s)
3 days left, 5% up, too little time to see any major players turning their gear off or turning them to make a dent anymore I guess. Based on Viabtc numbers income si at $0.063 per th/s. The last S19pro that was on sale will make you $6.3 a day burning 72kwh, you're above $0.087 you lose money, if you don't use additional cooling, you don't pay staff, you don't pay rent and you don't pay a lot of other things. Looking back at older gear , S17, you make $3.3, 48kwh, and you lose money at $0.068. If it goes below 25k and the hash rate doesn't drop at least a bit in the next adjustment after going up 5%!!!!! something fishy is happening. we backed off from + 7.9 to + 5.4 Should be an interesting month of Sept
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bitrawr
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Hey, Alon here, I upkeep the difficulty estimator. And yes, the site did change, but hopefully for the better. Newhedge now offers more mining related insights, and also allows users to set custom alerts for our metrics (including the difficulty estimator). Also, you can expect 0 downtime. Hmm, they've changed the site name again? https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803903 (3 minutes ago) Current Pace: 105.4325% (1536 / 1456.86 expected, 79.14 ahead) Next Retarget (earliest): Tuesday at 9:59 PM (in 3d 3h 52m 40s)
3 days left, 5% up, too little time to see any major players turning their gear off or turning them to make a dent anymore I guess. Based on Viabtc numbers income si at $0.063 per th/s. The last S19pro that was on sale will make you $6.3 a day burning 72kwh, you're above $0.087 you lose money, if you don't use additional cooling, you don't pay staff, you don't pay rent and you don't pay a lot of other things. Looking back at older gear , S17, you make $3.3, 48kwh, and you lose money at $0.068. If it goes below 25k and the hash rate doesn't drop at least a bit in the next adjustment after going up 5%!!!!! something fishy is happening.
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philipma1957 (OP)
Legendary
Online
Activity: 4116
Merit: 7863
'The right to privacy matters'
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August 21, 2023, 01:38:07 AM |
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Hey, Alon here, I upkeep the difficulty estimator. And yes, the site did change, but hopefully for the better. Newhedge now offers more mining related insights, and also allows users to set custom alerts for our metrics (including the difficulty estimator). Also, you can expect 0 downtime. Hmm, they've changed the site name again? https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 803903 (3 minutes ago) Current Pace: 105.4325% (1536 / 1456.86 expected, 79.14 ahead) Next Retarget (earliest): Tuesday at 9:59 PM (in 3d 3h 52m 40s)
3 days left, 5% up, too little time to see any major players turning their gear off or turning them to make a dent anymore I guess. Based on Viabtc numbers income si at $0.063 per th/s. The last S19pro that was on sale will make you $6.3 a day burning 72kwh, you're above $0.087 you lose money, if you don't use additional cooling, you don't pay staff, you don't pay rent and you don't pay a lot of other things. Looking back at older gear , S17, you make $3.3, 48kwh, and you lose money at $0.068. If it goes below 25k and the hash rate doesn't drop at least a bit in the next adjustment after going up 5%!!!!! something fishy is happening. Nice to here from you. Your website has been well used here. I gave you some merits so if you post every once in a while you will make some rank. Thanks again.
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bitrawr
Newbie
Offline
Activity: 3
Merit: 25
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August 21, 2023, 07:17:24 AM |
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Happy to provide a useful tool to fellow bitcoiners, and thanks for the merits. Also, if you want to view the diff estimator in dark mode, you can signup to Newhedge. It's free. Add "Bitcointalk" in the company field on signup and I'll approve the free accounts right away. Hey, Alon here, I upkeep the difficulty estimator. And yes, the site did change, but hopefully for the better. Newhedge now offers more mining related insights, and also allows users to set custom alerts for our metrics (including the difficulty estimator). Also, you can expect 0 downtime. Nice to here from you. Your website has been well used here. I gave you some merits so if you post every once in a while you will make some rank. Thanks again.
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kano
Legendary
Offline
Activity: 4494
Merit: 1808
Linux since 1997 RedHat 4
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August 21, 2023, 07:53:09 AM |
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Hey @bitrawr can you at least use the word 'approximate' or put correct error ranges on your values. The ranges are usually wrong.
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