BitcoinCMP

Engineer | Bitcoiner | Biker | Runner | Father

[BitcoinCMP @Bitcoin_CMP]

@TheRealPlanC @grok how the ism pmi index is calculated? Is it a good indicator of business cycle? If Bitcoin follow business cycle,isnt that Bitcoin prices highly correlate to some business? If so , what is it?

[BitcoinCMP @Bitcoin_CMP]

@simpleminingio @grok ,add the miner cost and the tax benefits, assuming 24% bracket, what is the all in production cost of one Bitcoin?

[BitcoinCMP @Bitcoin_CMP]

@JA_Maartun @cryptoquant_com @grok what does coinbase premium gap mean?

[BitcoinCMP @Bitcoin_CMP]

@glassnode @CryptoVizArt @grok what does all this number implied? How do you interpret it?

[BitcoinCMP @Bitcoin_CMP]

6/ H5 projection (Apr 2028), PL on-trend: $37 → $16/PH/day.

At that level:
• S21 XP Hyd ($20 BE): underwater
• S23 Hyd ($16 BE): marginal

Only sub-10 J/TH survives the cycle.

If you're deploying capital in 2026, you have ~24 months of current-gen profitability. Refresh planning starts now.

The math is brutal but clean. Power laws are guardrails, not forecasts.

— Hashmill Capital

[BitcoinCMP @Bitcoin_CMP]

1/ Bitcoin hashprice follows a power law with exponent −1.59 between halvings.

Derived from 15 years of https://t.co/SE4tTL9hBf daily data. Current observed: 0.86× Power Law (PL) trend.

Thread on the math, today's state, and what it means for mining hardware heading into the 2028 halving.

[BitcoinCMP @Bitcoin_CMP]

5/ Current state (Apr 17, 2026):
• Spot: $32.39/PH/day
• PL-implied: $37/PH
• Ratio: 0.86×
• Luxor 6mo forward: $32.10/PH (mild backwardation)

Market is pricing 0.86× PL going forward. No mean-reversion expected near-term.

Break-even at $0.07/kWh hosted (industry-standard rate):

• S19j Pro (29.5 J/TH): $50 — underwater
• S19 XP (21.5 J/TH): $36 — underwater
• S21 (17.5 J/TH): $29
• S21 XP (13.5 J/TH): $23
• S21 XP Hyd (12 J/TH): $20
• S23 Hyd (9.5 J/TH): $16

S19-class is already out. This is why S19 Pro/XP secondary market prices have collapsed through 2025-2026.

[BitcoinCMP @Bitcoin_CMP]

@TaikiMaeda2 @grok can you summarize the video?

[BitcoinCMP @Bitcoin_CMP]

@NiceHashMining @MarkoTarman @jmellerud @E2CPartners Clean coin concept seems contradict Bitcoin fungibility key characteristics

[NiceHash @NiceHashMining]

"NiceHash isn't just a mining pool - it's a global marketplace for computing power."

Our lead Mining Manager @MarkoTarman joined @jmellerud on @E2CPartners podcast to explain how we enable miners to sell hashrate in real-time, much like trading electricity on a grid.

What you’ll learn in this episode:
✅ Real-Time Bidding: How buyers compete for your hash rate, often pushing rewards above the standard FPPS rate.
✅ Commoditized Compute: Why hash rate is becoming a fundamental global commodity.
✅ Clean Coins: The growing demand for "Virgin Bitcoin" among institutional players.
✅ AI & Mining: Why the convergence of these two industries is inevitable.

[BitcoinCMP @Bitcoin_CMP]

@coinbureau I think seedsigner is the best, pairing with nunckun

[BitcoinCMP @Bitcoin_CMP]

@BigpictureBTC @grok check the post math, does this make sense under what assumptions. Also, given the assumption, what is the market cap or price of Bitcoin?

[BitcoinCMP @Bitcoin_CMP]

@saylor @grok show me math behind the claim of 2.05%

[BitcoinCMP @Bitcoin_CMP]

@USAFactoryGuy @RobertMSterling @CRPconnect just come across this post , i was also rejected by @mercury recently for a btc mining llc . did you find any bank that offer you a business checking account ?

[BitcoinCMP @Bitcoin_CMP]

@jv_finance @grok how do the cost of production is calculated in this post? Find any sources and references?

[BitcoinCMP @Bitcoin_CMP]

@AvgJoesCrypto @coinbase Highly recommend @Strike , if you are Bitcoin only. One impressive thing for me is their customers support is quick and helpful.

[BitcoinCMP @Bitcoin_CMP]

@Barchart @grok does this matter to bank? As long as the don't sell it until maturity. It is all fine? If they need liquidity,they can just borrow or ask Fed to help? In contrast,if this does matter,when do you think bank will fail?