/biz/ - Business & Finance

Here's a typical American residential mining operation.

I picked the KNC Neptune to use as an example, as it was a popular pre-order, and it's fairly new/efficient with a 0.7GH/s per watt efficiency.

As you can see, these small time miners likely won't turn off their machines immediately. Even though the rational choice is turn off at $170/BTC, the loss is only a few cents per day. Thus why I suggest a price of under $200 that must be sustained for at least a week, because a week's worth of losses is sizable. If you could save $1 by turning off your machine, would you? Perhaps not. But once you lose $10 or more? You probably would.