bikerleszno
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XBY - New Tech Coin (POSIGN) xtrabytes.global


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November 20, 2018, 12:20:31 AM

One question. What is must be bitcoin value to bring bitcoin miners any profit? Now I feel they are loosing right?

Someone posted a chart yesterday where average mining cost was ~$3200, so I guess they're still profiting. Depends where you mine and buy your electricity of course.

That is the electricity only cost of producing a bitcoin if you are paying ~$0.05 per kWh and doesn't include the cost of air conditioning, facilities, employees, or return on capital. Electricity is probably only 50% of the true cost of running a profitable mining business.

Still how much is taking one device to produce 1 bitcoin?