Everyone is reading the last two months as "PoW is broken."
I read it as the cheapest audit PoW never asked for.
Every bug found makes a chain harder to kill. Nobody can un-burn the energy already spent.
Why this is a 6-month phase, not a verdict. https://t.co/JfwITzDwIz
MEXC flagged xelis:native for delisting (est. Nov 26), part of its privacy-coin purge after the FinCEN order
Panic wick: $0.065
Cheapest rig to mine one XEL (EPYC 9754): $0.0688
First touch of the cost floor since April, bought straight back above $0.12 ๐ญ
Is mining profitable today? The Proof of Profit Index says 40/100!
Yesterday it was 33
BTC is still in SUFFERING while Pearl, zcash:native and monero:native are in GOLD RUSH ๐ฅ
Full index ๐
https://t.co/YSUeyXCglD
Your electricity price decides which side of $6.93 you're on
124 devices ranked by what one ETC costs them, with solo odds and the 30-day cost chart
https://t.co/jmz3hOtHUQ
Ethereum Classic is still mined at a profit, but only by a few ASICs
Cheapest: Jasminer X44-Q at $4.31 per ethereum-classic:native while spot sits at $6.93. 5 of the 12 cheapest machines clear it, the other 7 cost $7.94 and up ๐๐งต
Solo mining a 14 second chain
A Jasminer X44-P at 23.4 GH/s expects a block in about 1.2 days. The X44-Q, the cheapest per coin, needs 3.7
Cheapest and fastest aren't the same machine ๐ฒ
October in PoW: 1 in 4 coins is now mined at a loss ๐ฉธ
And the worst of it landed on Oct 29: Bitcoin difficulty +5.5%, a fork on that same block, and Binance losing $6.3B
The whole month in numbers ๐ https://t.co/IZ1cIFVUTn
@MadupuruV cheap energy power is a luxury in todays world, everyone is chasing it, the only way to become "efficient" is by owning the power plant or renting it with good deals. The answer for most of the home miners is improving efficiency instead of chasing the cheaper electricity bill.