You are viewing a single comment's thread from:
RE: Miner Three Tips the Scales - Pow!
What have you done with all the miners? Yesterday I read a story that many Chinese miners estimate shutting down their equipment if the BTC drops below 7500usd, what do you think about it?
I was looking at my mining history and saw that I was making 0.1 btc every 20 days (or 0.15 per month) when I shut down. The price of bitcoin back then was about 80 dollars each. So, I was making about $10 per month running the miners and I was paying $200 for electricity.
Little did I know that bitcoin would go past $8,000
Either way, I could not pay that much for electric month after month while waiting for the price to make it profitable.