So, did I finally get some bits of a prediction right?
Seems miners are far more resilient than one thought:
before the halving, the adjustment was to 86.39 T
immediately after the halving we still got positive, 88.10 T
current estimates are at 85,0X T
this would make the drop slightly above 2% from the before halving one, and with income dropping (according to charts) to 4.37 cents per th/s, I'm starting to believe that I was right with some large miners being trapped into this game and ramping up operation because stopping would bankrupt them instantly so they are betting everything on the future prices.
Of course, speculation on how much new and more efficient gear is already in place, but I would be surprised to hear more than 1/3 is below 0.02j/Gh.
Luckily for some miners, there are still runes being minted.
I am still recovering from my surgery and have not tried building it.
Hope you're getting better by the day Phil!
The sinus repair seems healed. MOST pain now is in the cut straighted and reattached septum. Maybe 7-10 days and that will stop.
As for mining and miners. We will not see a big turn down say 70t vs 85t.
A 100 th unit makes 4.40 usd a day.
It burns 75 k-watts
At 6 cents it is 4.50 a tiny loss or break even.
AT 5 cents it is 3.75 a small profit.
But if 50% of your 6 cent farm is t21 or s21 and the other 50% is s19 100th.
You get 8.80 for the s21 and burn 85 k-watts
You get 4.40 for the s19 and burn 75 k-watts
So 13.20 earned and 9.60 burned at six cents gives me 3.60 profit for mining 1 s21 and 1 s19j pro 100 th
Also the s19jpro with brains can tweak down to maybe 27 watts a th.
So I think a lot of farms are mixed with s19 pro j 100th and s21 they can mine on with out knocking off the s19
