Lets make things interesting by calculating an average of 3-4% diff jumps every 13 days @ .11 kw/hr. Mined btc drops by 40% in 90 days.
those diff jumps will grind to a halt quickly though. unless the price pushes past $250 its unlikely difficulty will exceed 55B until the next generation of hardware is available.
once spring comes and things warm u, a lot of home miners have to sell or turn off gear to keep cool and save money when summer electricity rates begin
Its not just home miners, big farms and their speeds are impacted by the heat as well.
Remember not all miners are in the northern hemisphere. It's slowly warming up on the top side of the planet, but the bottom side is slowly cooling down.
M
While that's true, I'd be really surprised if there was much large scale mining going on in the southern hemisphere. Power prices in Australia are outrageous, as well as most of South America. I don't know how power pricing runs in Africa generally.
Because I've built datacenters in Australia, Brazil and Argentina as well as in Europe and the US? Dealing with electricity costs and stability in the southern hemisphere in my experiences have been far more difficult than in the North. Electricity costs for industrial electricity are above $.11 USD in most of South America whereas in China and the US you can find electricity for about $.015 USD for industrial in certain areas. Something else to consider is almost 90% of the world's population lives in the Northern hemisphere.
