It seems rather strange that their SEC financial reports do not have a summary of their unit economics looking at electricity costs. What is the best up-to-date source of data for this info?
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20 sats \ 1 reply \ @cyberpunk02 14 Feb
it used to be a 2 cent target. Seems waste electricity sticker is going up a lot in dollar terms
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10 sats \ 0 replies \ @DeltaClimbs OP 14 Feb
It may also be just the size of mining and that a couple years ago, it wasn't getting bid up as much, more than necessarily a 2x devaluation of USD over past two years.
I have a similar thing with macadamia oil I'm working on getting going where there is a small supply at a pretty low cost since it's a sort of waste product, but if I can make the oil trendy, that will shoot up in a few years.
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11 sats \ 0 replies \ @zarko 13 Feb
good question
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10 sats \ 0 replies \ @cyberpunk0101 17 Feb
Also Factor in the Economics of the bigger players with the latest tech, custom firmware and speed binned chips cost per hash plays a part.
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10 sats \ 1 reply \ @bitentrepreneur 16 Feb
you will never know that, that is quite literally THE most coveted information from any miner out there.
why? because then other miners will come and mess around with the supply (assuming it's on-grid) thus raising the cost of the og miner. miners are always competing against each other, we gotta have an edge ya feel me
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10 sats \ 0 replies \ @bitentrepreneur 16 Feb
in any case, anything around 6 usd cents or lower is still profitable. until halving, then no one knows :O
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10 sats \ 1 reply \ @OriginalSize 13 Feb
Why tunnel in on one of their expenses... or are you trying to model each of them in detail? I'd imagine anything that's not for SEC filing or marketing purposes would be kept secret.
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10 sats \ 0 replies \ @DeltaClimbs OP 13 Feb
Unless you have better electricity costs than anyone else and want to actually make a compelling argument why your company will outperform others. I think they would want to keep things secret that make them look bad.
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10 sats \ 3 replies \ @Eximpius 13 Feb
Just check your state.. almost all states have "residential, commercial, and industrial" rates. Industrial is usually the cheapest. In SC where i am the average is .11cents residential, .08 for commercial, and like .05ish for industrial.
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31 sats \ 2 replies \ @DeltaClimbs OP 13 Feb
Large miners are supra-industrial and will often have negotiated rates lower than this. Supposedly 5.57 cents in Texas, and mining numbers are lower.
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20 sats \ 0 replies \ @sudocarlos 13 Feb
Not to mention they usually negotiate contracts to buy a certain amount of energy whether they use it or not. And then there are contracts to curtail usage to account for. It can get complicated af
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0 sats \ 0 replies \ @Bell_curve 13 Feb
Texas has its own grid not subject to interstate commerce regulation
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0 sats \ 0 replies \ @Bell_curve 27 Feb
Why is it strange? Does google or facebook have a summary of the electricity costs for their operation?
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0 sats \ 0 replies \ @dmihaela974 14 Feb outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.