pull down to refresh

316 sats \ 8 replies \ @kilianbuhn 15 Jun \ on: Bitcoin Mining Difficulty Drops by 10.09% charts_and_maps bitcoin_Mining

my prediction is we will see a seasonal pattern soon. Higher hashrate in when the northern hemisphere is in winter and lower hashrate is summer.

write
compose
14 sats \ 5 replies \ @Jon_Hodl 15 Jun

I second this. I have thought this for a while as pleb miners look to utilize their surplus heat and it just makes more sense during colder months.

reply
25 sats \ 4 replies \ @zuspotirko 15 Jun
utilize their surplus heat

Even if heat is unutilized, cooling is just cheaper

reply
4 sats \ 2 replies \ @dgdhr335 16 Jun

Depends.

I spend a lot more on cooling than heating in the northern hemisphere. My electricity bill is essentially double during Jun/Jul/Aug than it is in say Dec/Jan/Feb.

reply
4 sats \ 1 reply \ @zuspotirko 16 Jun

ASICs only need cooling, they never need heating. Never. And cooling is cheaper in winter than in summer.

reply
4 sats \ 0 replies \ @dgdhr335 16 Jun

Some of us use our miners for ez heating in the winter but in the summer when it's 30 celsius outside AC is required in addition.

reply
9 sats \ 0 replies \ @Jon_Hodl 15 Jun

Great point

reply
15 sats \ 0 replies \ @0xbitcoiner OP 15 Jun

@remindme in 6 months

reply
4 sats \ 0 replies \ @Bell_curve 15 Jun -100 sats

lower hashrate in summer?

It's still spring, summer solstice has not arrived yet