Author

Topic: What is BTC cost of production? (Read 741 times)

newbie
Activity: 20
Merit: 0
December 10, 2014, 10:23:50 PM
#3
Electricity cost per bitcoin is on average about $ 150 dollars not including the cost of labor, machine and renting data center.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
December 10, 2014, 09:22:43 PM
#2
funnily enough production costs go down as price and difficulty does.

I guess it's over then. Failed miserably.

50$ coins here we come

all shitcoins go to zero eventually. Bitcoin is no exclusion. Wrong premisis regarding inflation.
legendary
Activity: 1260
Merit: 1116
December 10, 2014, 07:24:41 PM
#1
And given the coins mined already, for peanuts, does it really matter??
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