I bought 900Mh of hash for 0.2 BTC, and I managed to get just over 5000 coins.
I just managed to buy 30,000 coins for 0.5 BTC.
People are selling at a loss?
No. U mine at a loss. People don't sell at a loss. What makes u think that all miner got the same formula for mining profit
True, there are loads of variables, electric cost, rig size, rental fees, and so on.
With the net hash in the 200-300gh there must be farms out there paying nearly nothing for electricity to make profit at 1500 sats. I do disagree that "people don't sell at a loss", it happens all the f'g time around here, panic dumping.