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What this means then is if you pay more than $0.04 / kWh, you would be better powering any S9s down and doing a daily DCA (or whatever) to buy 33 X (your cost per kWh) on the exchanges.
Example: If you pay a typical $0.14 per kWh for residential power, you would pay the electric company $4.62 per day (33 kWh X $0.14) for an S9. So unplug, and use that $4.62 to buy bitcoin instead.
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The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
The break-even electricity price for Antminer S9s is now $0.04 / kWh.
Bear markets are tough for old hardware.
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