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I've discussed this with some analysts who are looking at the cost of mining hardware and also power consumption/costs. They concluded that around $5k is the a
by uptown 9y ago
I've discussed this with some analysts who are looking at the cost of mining hardware and also power consumption/costs. They concluded that around $5k is the appropriate target price right now.
- bby 9y agoCan you provide more info on this? To what extent do you see difficulty falling?
- dennisgorelik 9y agoLong term price of mining does not matter at all, because the more expensive mining is - the less mining does happen - the less competitive mining becomes - the less expensive mining becomes. No matter how low cryptocurrency price is - some of the miners would be able to afford it (long term).