-snip-
We may go to 125 or 126t
Frankly I can see us down to 111t
Yes, its dropping quite quickly. I wonder what's driving that.
S21xp
3 cents a th
Comes to 3x270 or $8.10 prior to power cost.
Power is 3.5kwatts an hour or 84 kwatts
So 84x9= 7.56 power cost with 9 cent power
So everyone over 8 cent power cost can't mine with the most efficient gear.
Now think of all the shitty gear
s21 pro loser at 7 cent
s21+ loser at 6 cent
s21 loser at 5 cent
Mine are shutting off
Yeah, I hadn't thought of it in those terms. That goes a long way to explain it.
Just too expensive to run; that trend will only get worse with the increasing risk to fuel supplies.
In Europe and UK they're already threatening blackouts and reduced gas supplies so if that happens the diff could well fall off a cliff-edge.