Thanks for sharing. I'm thinking close to 5k as well. @lordoftruth estimates bitcoin mining breakeven around 5.7k, so this could also be a key level to watch too.
You are viewing a single comment's thread from:
Thanks for sharing. I'm thinking close to 5k as well. @lordoftruth estimates bitcoin mining breakeven around 5.7k, so this could also be a key level to watch too.
Interesting...not sure how that number comes about since different areas have different electricity costs. The higher electricity areas are likely to unplug first, meaning easier difficulty and higher rewards which then lowers break even. Personally, I don't see mining costs being related to BTC price levels. Thanks for the comment! :)