Topic: Well the 2018 btc diff jumps are over so what will 2019 bring us? - page 13. (Read 9455 times)
September 26, 2019, 12:47:09 AM
BTC price is now down to $8391, I have no idea why.
September 25, 2019, 11:58:32 PM
We'll just have to see how things shake out in the next period. We are still down a little it doesn't seem to have peeked back over the 100 EH mark. If we maintain 7% this go and stay flat for the next 2 that would be a bit of a blessing. I only see that possible because of all the delays in gear getting to market. Even at this level there have to be a lot of people teetering on shutting down older gear, but I feel they'll hang on a bit hoping the price recovers above 10k.
Glad I have 28TH waiting in the wings. I should be up to 190TH in about a week. It's cold enough to move the small guys inside nice of winter to start rolling in early to help me keep ahead of the Diff for a bit.
Glad I have 28TH waiting in the wings. I should be up to 190TH in about a week. It's cold enough to move the small guys inside nice of winter to start rolling in early to help me keep ahead of the Diff for a bit.
September 25, 2019, 11:05:00 PM
111 blocks left and we are pushing 6-7%
September 25, 2019, 09:36:41 PM
Actually saw it up 9.5% during this Epoch. At least it's backed off the double digits...for now.
September 25, 2019, 01:53:40 PM
hash is coming back hard up to 6.4-6.5%
under 178 blocks to go.
Quote from: https://diff.cryptothis.com/
Latest Block: 596557 (4 minutes ago)
Current Pace: 106.4029% (1838 / 1727.40 expected, 110.6 ahead)
Current Difficulty: 11890594958795.76XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty: between 12651462685031 and 12657826573985
Next Difficulty Change: between +6.3989% and +6.4524%
Previous Retarget: September 13, 2019 at 2:58 PM
Next Retarget (earliest): Tomorrow at 6:45 PM (in 1d 3h 52m 53s)
Next Retarget (latest): Tomorrow at 6:54 PM (in 1d 4h 2m 20s)
Projected Epoch Length: between 13d 3h 46m 50s and 13d 3h 56m 18s
Current Pace: 106.4029% (1838 / 1727.40 expected, 110.6 ahead)
Current Difficulty: 11890594958795.76XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty: between 12651462685031 and 12657826573985
Next Difficulty Change: between +6.3989% and +6.4524%
Previous Retarget: September 13, 2019 at 2:58 PM
Next Retarget (earliest): Tomorrow at 6:45 PM (in 1d 3h 52m 53s)
Next Retarget (latest): Tomorrow at 6:54 PM (in 1d 4h 2m 20s)
Projected Epoch Length: between 13d 3h 46m 50s and 13d 3h 56m 18s
under 178 blocks to go.
September 24, 2019, 09:46:25 PM
This is a good calculator with most the new gear on it.
https://cryptomining.tools/bitcoin-mining-calculator
https://cryptomining.tools/bitcoin-mining-calculator
September 24, 2019, 07:36:59 PM
well a s17 pro does 53th at 2225 watts (I own one) so 2.225 x 24 = 53.4 kwatts a day
or 54 kwatts a day
at 1 cent 54 cents power cost
at 2 cent 1.08
at 3 cent 1.62
at 4 cent 2.16
at 5 cent 2.70
at 6 cent 3.24
at 7 cent 3.78
at 8 cent 4.32
at 9 cent 4.86
at 10 cent 5.40
1 th earns about 0.00002050 x 53 = 0.0010865 x 8500 = 9.23 usd a day
soon to drop by 7% or $8.58 a day
8.58 - 5.40 = 3.18 a day for a 10 cent person
8.58 - 4.86 = 3.72 a day for a 9 cent person
8.58 - 4.32 = 4.26 a day for a 8 cent person
8.58 - 3.78 = 4.80 a day for a 7 cent person
8.58 - 3.24 = 5.34 a day for a 6 cent person
8.58 - 2.70 = 5.88 a day for a 5 cent person
8.58 - 2.16 = 6.42 a day for a 4 cent person
so the s17 pro has a goodly margin for right now. but it is the most efficient gear around and is really fucking pricey.
or 54 kwatts a day
at 1 cent 54 cents power cost
at 2 cent 1.08
at 3 cent 1.62
at 4 cent 2.16
at 5 cent 2.70
at 6 cent 3.24
at 7 cent 3.78
at 8 cent 4.32
at 9 cent 4.86
at 10 cent 5.40
1 th earns about 0.00002050 x 53 = 0.0010865 x 8500 = 9.23 usd a day
soon to drop by 7% or $8.58 a day
8.58 - 5.40 = 3.18 a day for a 10 cent person
8.58 - 4.86 = 3.72 a day for a 9 cent person
8.58 - 4.32 = 4.26 a day for a 8 cent person
8.58 - 3.78 = 4.80 a day for a 7 cent person
8.58 - 3.24 = 5.34 a day for a 6 cent person
8.58 - 2.70 = 5.88 a day for a 5 cent person
8.58 - 2.16 = 6.42 a day for a 4 cent person
so the s17 pro has a goodly margin for right now. but it is the most efficient gear around and is really fucking pricey.
September 24, 2019, 07:36:38 PM
For a s17e, 12.8T diff, $8500 price, 1% pool fees:
cents/kWh | Profit USD/day
---------------------------
10 | $3.83
9 | $4.52
8 | $5.21
7 | $5.90
6 | $6.59
5 | $7.28
4 | $7.97
3 | $8.67
cents/kWh | Profit USD/day
---------------------------
10 | $3.83
9 | $4.52
8 | $5.21
7 | $5.90
6 | $6.59
5 | $7.28
4 | $7.97
3 | $8.67
September 24, 2019, 07:20:38 PM
Just realized the hashrate went up again lol
Yeah i mean with new hardware.
Yeah i mean with new hardware.
September 24, 2019, 07:18:40 PM
Hey guys,
After todays price and hashrate drop, what are the profit margins for new miners?
After todays price and hashrate drop, what are the profit margins for new miners?
hashrate drop is done and over with we are soon to be at 12.8 or 12.9 diff on thursday.
by new miner do you mean newer gear? or do you mean a new person jumping into this?
September 24, 2019, 07:17:30 PM
Is this related to sudden hashrate drop ?
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
Doubtful, we're already back up over 95ET so it was just a temporary blip. It was a 33ET drop, which would be around 2.3 million S9s, or 625,000 S17s. Thats in the neighborhood of 3200 MW of S9s, or 1400 MW of S17s. Are there any single mines that big? Maybe a whole region in China had a power outage?
The article seems to be aimed at "illegal" mining operations, which is probably a small % of the total hash coming from China.
September 24, 2019, 07:17:20 PM
Is this related to sudden hashrate drop ?
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
maybe but hash rate went right back up again.
September 24, 2019, 07:05:57 PM
Hey guys,
After todays price and hashrate drop, what are the profit margins for new miners?
After todays price and hashrate drop, what are the profit margins for new miners?
September 24, 2019, 06:34:46 PM
Is this related to sudden hashrate drop ?
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
https://www.coindesk.com/inner-mongolia-to-shutdown-illegal-bitcoin-miners-by-october-as-china-phases-out-industry
September 24, 2019, 06:29:49 PM
I purchased 22-26 s9s most with psu’s for 180-240 . Made good money with them.
I purchased very little overpriced gear. From June to now.
I purchased very little overpriced gear. From June to now.
September 24, 2019, 04:41:49 PM
I've learned that in this business, "large miners" does not mean "Professional Miners". This is the 4th cycle I've seen where fast money comes into mining with a vengeance and pays WAY too much for hardware and infrastructure. They act as if the Pie in the Sky earnings are infinitely sustainable. Then when the inevitable correction occurs, as it always does. They go belly up. In the after math of the 17/18 washout, the same thing happened. When people were buying S9's for north of $5,000.00 per unit, I warned that those units would inevitably sell for $300.00. Needless to say I was laughed out of the room. Between Sept 2018 and December 18 I was able to purchase 4PH of S9's for between $369.00 and $225.00 brand new in boxes with brand new PSU's. From large "professional miners" that blew it on purchase costs and floor costs. I'm seeing the same thing occurring again. Rising diff and falling BTC price will once again wash these entities from the game board. Bitmain's pre-ordered out to December and people are still piling in. I'm keeping all powder dry because I am almost certain that...yes...within 4-8 months I will be buying S17's for $500.00, Stateside with no tariffs, brand new. Commence the laughter.
September 24, 2019, 03:20:27 PM
Yeah a crazy couple days to be only checking in. Not going to lie I'm a little pumped to see forces being applied to ideally stifle the hashrate increase. What can I say I want my ~150 TH to pull in as much BTC as possible in the next few months. It was beginning to look extremely bleak.
If I'm not mistaken isn't the rainy season wrapping up, and guessing again I imagine that would account for a diminishing amount of gear coming up. There is no doubt it will continue to rise at some rate - machines are 2-4 times as powerful. We just don't need year round support for all the S9's in only a small portion of the world pumping away. Although I'm sure anyone pulling in big cash on those would disagree.
I remember last year sometime a similar event was going on, seems to just be the ebb and flow.
If I'm not mistaken isn't the rainy season wrapping up, and guessing again I imagine that would account for a diminishing amount of gear coming up. There is no doubt it will continue to rise at some rate - machines are 2-4 times as powerful. We just don't need year round support for all the S9's in only a small portion of the world pumping away. Although I'm sure anyone pulling in big cash on those would disagree.
I remember last year sometime a similar event was going on, seems to just be the ebb and flow.
September 24, 2019, 11:04:00 AM
Yup, heading back up just as fast as it fell... over 82EH now. And price dropping. If diff goes to 12.5T and price is $9500, break even for S9s is around 7.7 cents/kWh.
Hopefully it won't spike all the way back up over 100EH.
edit: well, 3 hours later and we're closer to $8500 so break even for S9 at 12.5T is now 6.9 cents/kWh
Hopefully it won't spike all the way back up over 100EH.
edit: well, 3 hours later and we're closer to $8500 so break even for S9 at 12.5T is now 6.9 cents/kWh
September 24, 2019, 06:41:51 AM
Quote from: https://diff.cryptothis.com/
Latest Block: 596338 (33 minutes ago)
Current Pace: 105.0978% (1619 / 1540.47 expected, 78.53 ahead)
Current Difficulty: 11890594958795.76XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty: between 12478338680270 and 12503272277775
Next Difficulty Change: between +4.9429% and +5.1526%
Previous Retarget: September 13, 2019 at 2:58 PM
Next Retarget (earliest): Thursday at 10:40 PM (in 2d 14h 57m 26s)
Next Retarget (latest): Thursday at 11:18 PM (in 2d 15h 35m 21s)
Projected Epoch Length: between 13d 7h 42m 8s and 13d 8h 20m 3s
Current Pace: 105.0978% (1619 / 1540.47 expected, 78.53 ahead)
Current Difficulty: 11890594958795.76XXXXXXXXXXXXXXXXXXXXXXXXXXXX
Next Difficulty: between 12478338680270 and 12503272277775
Next Difficulty Change: between +4.9429% and +5.1526%
Previous Retarget: September 13, 2019 at 2:58 PM
Next Retarget (earliest): Thursday at 10:40 PM (in 2d 14h 57m 26s)
Next Retarget (latest): Thursday at 11:18 PM (in 2d 15h 35m 21s)
Projected Epoch Length: between 13d 7h 42m 8s and 13d 8h 20m 3s
we were as high as + 9% we dropped to +5%
price has been meh 9700 maybe just maybe a large s9 farm is being retooled.
the hashrate came back up last night
from coinwarz.com
Quote from: https://coinwarz.com
Thu, 19 Sep 2019 00:00:00 GMT Hashrate: 104493.1510 PH/s all time high
Mon,23 Sep 2019 22:00:00 GMT HASHRATE: 68218.1341 PH/s
Tue,24 Sep 2019 22:00:00 GMT Hashrate : 74775.1575 PH/s
Mon,23 Sep 2019 22:00:00 GMT HASHRATE: 68218.1341 PH/s
Tue,24 Sep 2019 22:00:00 GMT Hashrate : 74775.1575 PH/s
this is pulled off their Bitcoin Network Hashrate Chart and graph just a bit newer then the img from wndsnb
I examined the chart for the last six months and we have had a drop like the one on the 23rd of Sep
once in July around the 22nd or we dropped from 79 eh to 53 eh a good drop followed by steady gains.
September 23, 2019, 07:17:21 PM
Pretty good drop off in nethash .... lowest nethash in a month. Maybe some S9s exiting? Wonder if there will be more of a drop going into October as miners don't renew month-to-month hosting contracts for their S9s.
from coinwarz.com:
from coinwarz.com:
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