lowest BTC price analysis by miner technologyWe discussed about miners and mining viewpoint for preparing a BTC in previous posts:
A) BTC Analysis based on Block frame and halving
b) BTC network analyses from miners viewpoint
We predicted to see new asic miner technology and hear about new miners.
2 month ago, Bitmain introduced new asic miner with 7 nm technology which they called S 15
ASICminer is another company who claim their new miner machine can worked with 80 TH and 4200w power usage also; they used 8 nm chip in their miner machines.
Last well known miner machine antminer s9 prepare 14 TH by using 1370 w
I used my new Power Usage Index instead power efficiency, which derived by dividing device power usage to hash power.
PUI:
1- S9 = 97.85 W/Th (16 nm chip )
2- ASICminer pro 8 nano = 52.5 W/Th ( according to the ASICminer website 8 nm FINFET technology )
3- S15 = 57W/Th ( according to the bitmain website with 7nm FINFET technology )
We can assumed new technology reduce power 50% per Terahash.
In bullish market, fresh and updated miners who are, using new technology wants to overtaking traditional miner by sold their new BTC with lower price than S9 PUI .
Today BTC network hasharate is about 33.55 EH and if we assumed electricity cost 0.1189 $/w AVG. BTC block rewards 12.64 BTC per blocks
With all of above information and last 2 posts we can estimate how much BTC miner machines paid for electricity to generate a BTC
We can find BTC price roughly near 6200$ and 3300 $ for both 7nm and 16 nm chips PUI (16 nm 97.85 W/Th and 7 nm 52.5 W/Th )
if all of the above parameters stay constant we can predict 3300$ for lowest BTC price at the moment ( :D )
