plus 3% and 89.47 diff
so considering that price is not very good hash is freaking huge.
It's really starting to get difficult to understand. At this moment the hash should be going down and not going up.
There have to be people mining in the negative or having a lot of free energy.
no, basically it is big big big miners with low rates
a t21 set to 160th makes about $7.60 a day it burns 75kwatts
so
10 cents it burns $7.50 a day or a 10 cent profit
9 cents it burns $6.75 a day of a 85 cent profit
8 cents it burns $6.00 A DAY or a $1.60 profit
7 cents it burns $5.25 a day or a $2.35 profit
6 cents it burns $4.50 a day or a $3.10 profit
5 cents it burns $3.75 a day or a $3.85 profit
4 cents it burns $3.00 a day or a $4.60 profit
so you are watching 4-6 cent miners growing and 7-10 cent miners quitting.
If you can get a rate of 4.5 cents a transformer and a container are under 100k
that is for about 1 megawatt or 270 t21's.
So 100k + 810k = 910k upfront to have 44,550 th which is 4 bucks a unit profit x 270 = 1080 a day
many people will risk the 910k to earn the 1080 a day.
but you need deep pockets as you could lose.
I do not have 910k to lay out in hopes of a profit.
Still upwards back getting close to 90t again
https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 859562 (4 minutes ago)
Current Pace: 101.1136% (747 / 738.77 expected, 8.23 ahead)Previous Difficulty: 86871474313761.95
Current Difficulty: 89471664776970.77
Next Difficulty: between 90205417503082 and 90693516278765
Next Difficulty Change: between +0.8201% and +1.3656%
Previous Retarget: last Wednesday at 10:13 AM (+2.9931%)
Next Retarget (earliest): September 11, 2024 at 6:31 AM (in 8d 17h 10m 14s)
Next Retarget (latest): September 11, 2024 at 7:59 AM (in 8d 18h 38m 12s)
Projected Epoch Length: between 13d 20h 17m 57s and 13d 21h 45m 56s
large mining is killing the 300kwatt to 1 meg guy.
Like I said 1 megawatt can get you running 250 t21s or 250 s21s
5 cent power at 3.5 kwatts a day is 84 kwatts or $4.20 post cost and 200th is $8.30 earned a gain of $4.10
Not counting down time
Not counting the big fans on the container
Not count gear breaking
Not counting rent on the space
Not counting labor
a full container earns 250 x 4.20 or 1050 a day.
filling that container with 250 s21's cost about 1 million and the box along with the transformer is 150,000
so 1,150,000 out of pocket to maybe keep earning 1000 a day.
Margins are very tight.
If we get the classic sept dip to say 49k or better 45k one of these big boys will fail.
What game of chicken. I am glad I am out with some profit.