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RE: Might Have To Pull The Trigger On This Wholesale STEEM!
I shifted a few k SBD over to steem; probably a bit early but time will tell!
I shifted a few k SBD over to steem; probably a bit early but time will tell!
Yeah I can see us hitting 0.4 or lower fr, but we earn SBD everyday so it’s sort of like avg in
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I am hoping we can hold around 60 cents. I am not convinced BTC will drop that much below mining costs to push steem to 0.4
Is mining cost 5200? Or 6K I’ve heard two different prices
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Depends on a lot of factors mostly electricity price and cooling costs. If your getting state subsidized nuclear power in Siberia or China and use simple heat exchanges with frozen ambient outside temps to keep it all cool then it could be as low as 4k. But for most of the world I would imagine they are below marginal cost of production already .
From what I hear, mining pools in China have the majority of the hash rate so they might be in profit if they fall under that situation!
We’ll see tho! I don’t have a ton on the side to put in, so I’m more than happy if we shoot back up
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