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Topic: Misleading electricity costs on blockchain.info (Read 824 times)

hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
November 27, 2013, 09:04:02 PM
#4
Yeah dont pay attention to those graphs, they are still in the year 2010...
hero member
Activity: 826
Merit: 501
in defi we trust
They are too lazy to change the graph , or rather to delete it.
Anyhow the cost are average , nobody knows how efficient , how many and at what electricity cost the new asics run.

There is so much difference between the new miners like knc and the old ones it'a  a pain in the ass to calculate this.
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.
It's a holdover from the GPU mining days. The electricity consumption of 650W per GH/s and equipment cost of $1,000 per GH/s are based on GPU mining costs.

They really should update this to reflect typical ASIC values.
npl
full member
Activity: 158
Merit: 100
It's showing over $11 million per 24h

https://blockchain.info/stats

But I'd estimate the cost at no more than $150,000. This is affecting many of the other stats (operating profit).

Why the gross discrepancy? Do they want to discourage people from mining?
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