pull down to refresh
40 sats \ 1 reply \ @BTCMiner OP 22 Jun 2022 \ on: 🧵 Break-even electricity price for Antminer S9s is now $0.04 / kWh | Braiins bitcoin
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.
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.
reply