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8360037 No.8360037 [Reply] [Original]

Break-even mining cost for BTC is currently being hammered. (((They))) are preparing for a 51% attack. Get Out.

>> No.8360052

>>8360037
what

>> No.8360064

>>8360052
he wants to buy a cheap dip

>> No.8360078

>>8360037
you're retarded

>> No.8360102

>>8360037
Cost of mining a btc is around 4-5 k with a commercial costs. Most of (them) use even cheaper electricity, so their costs can be as low as 2-3k, again assuming commercial asic mining rigs.

>> No.8360136

>>8360102

bitcoin doesnt cost anything to mine......its a number in a computer not a gold bar

>> No.8360151

>>8360102
So you're saying people will stop mining when the price hits 2k? Is that all it'll take to kill this shitty dinosaur?

>> No.8360166

>>8360102
Why the FUCK does it matter what it costs to produce? If there is no demand miners will just switch to another coin. You think miners will try to prop it up? Not with this market cap. Good luck.

>> No.8360206

What misleads everyone about true mining costs is that nobody factors in the compounded cost to the miners per hash, or, what it costs them to stay in the market while simultaneously keeping the wheels turning.
Mining is far more expensive than people believe.

>> No.8360269
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8360269

>>8360136

>> No.8360401

>>8360206
Disclosure 19/03

>> No.8360409

>>8360151
No, it means that the mining difficulty will decrease you fucking retard.