Episode notes
Pleb Miner Monthly
Episode 1
Welcome to the inaugural episode of Pleb Miner Monthly! A Bitcoin mining podcast focused on the Pleb Miner, the stalwart that defends the Bitcoin Network.
Listen and Boost the show on Fountain App
Visit previous episodes to read the boosts.
Value 4 Value is built on the premise that content should free and available to everyone. If Plebs get value from the content, they can choose to send some sats back to the creator.
Statistics
Statistics brought to you by Lincoin Pool and their Lincoin Lens
Global Hashrate 273 EH/s with a Network Hashrate of 277 EH/s (Lincoin Pool’s Hashrate is 580 PH/s, #17 pool worldwide)
Over the past Month the highest daily average hashrate has been
273 EH/s December, 9 and the lowest 232 EH/s on November 28
Difficulty
Currently difficulty threshold is 34.24 Trillion which is 7.6% lower than the previous difficulty of 36.95 T
A note: difficulty adjustments have a high limit of no more that %300 adjustment upward and 75% downward
We are set for the next difficulty retarget to take place on December 19 so by the time this episode airs we will have had an upwards adjustment. (it was only 3.27%, yay!)
Hash Price
Bitcoin in the mid $17’s around $6.40 a day per 100TH
36,724 sats per day per 100th
S9 – 459 sats/day
Machines cost around $100 something like $7.50/TH
2.5 cent Kw/hr breakeven
M30s++ 3,740m sats/day they are running about $1,888 on Kaboomracks have a bunch for sale
7.2 cents breakeven
S19 J pro 96TH 3,264 sats/day $1,800 bucks the other day
7.9 cents breakeven
@50K BTC $9/day @100K BTC $27/day
S19 XP (140TH)4,760 sats/day $5,500
10 cents breakeven
@50K BTC $17.84/day @100K BTC $42/day
M50 (126TH) 4,284 sats/day $2,700 saw some for $22/TH so around $2,360
9.3 cents breakeven
You can make your own chart based on various Bitcoin mining machines on Lincoin Lens
Lincoin Pool is a leading FPPS Bitcoin Mining Pool with
FPPS rewards with steady payout, advanced management tools, Best In Class Real-Time monitoring (can confirm, its fast)
Paynym payouts on Lincoin
AI enabled Telegram Bot, Boty McBotface
Cost to Mine
Sponsored by FixRigs
Get your machines repaired now, bear market building and maintenance.
FixRigs services all ASIC rigs, the top notch service includes an ultra sonic cleaning as well as a complete diagnostic of your machines, top to bottom.
They repair all types of machines, but specialize in Bitmain and Whatsminers.
You can expect to receive communication throughout the repair process, providing consistent updates during the repair. As miners themselves, FixRigs understands the pain points of managing multiple machines as well as client expectations when it comes to the repair process.
Cost Time Mine in various locales.
- Japan it would cost ¥3072 a day or $22
- UK at 22(34?) pence a kWh is 17 GBP
- Norway it would cost 107 kroner or $11
- South Africa 200 South African rands/$12 a day
- Germany $0.38 per kWh €29 /day
Action News
Action News is sponsored by Kaboomracks visit them on their Telegram
I have purchased a few machines from Kaboomracks as well as parts and accessories. The process in smooth and expedient. More importantly, they have built a reputation of trust and reliability. Be on the lookout for Alex's Firesales, when he says ‘firesale’, he means it!
Alex was a huge part of PlebMinerMonth facilitating the S9 giveaways, getting gear out to the Plebs, and giving away 2 of the machines himself.
Hashrate Index Difficulty Bounceback?
Bitmain secret back door update
Everyone is cynical and suspect of Bitmain’s intentions here.
Bitmain is apparently boosting the efficiency of S19 Pros with a firmware update. They make my head spin. Makes you think about how much more efficiency you can get from firmware.
“If you run Antminers, this should make you happy and angry at the same time. They keep efficiency from you until their sales drop off. Why you’d mine with antpoo too is dumb.”
Tech Engineer’s post on new gen vs previous gen efficiency vs price.
Bitcoin Bassload's energy market update - Understanding the terms and conditions or your electricity supply contracts is extremely important.
Nico Smid's Bitcoin Mining Cycles (gold rush, inventory flush, shakeout, rebalancing)
Pleb Miner in the Wild Daya Bit
Sponsored by Peach Bitcoin
Peach is the very first peer to peer exchange in a mobile app. Buy and Sell sats with the payment methods of your choice, at the price that you define, at anytime and anywhere!
Pre-beta registration is still open on http://peachbitcoin.com, and you'll be able to download the app from the App and Play Stores very soon™
Genus: Pleb Minicus, Species: DayaBitanae
From medium.com@murtidaya Starting my Bitcoin Immersion Journey “Am I crazy? Probably a psychopath. After imagining spending thousands of dollars on electrical bills just to heat our planned pool in the house we are starting to build, I could not take the idea of using the wasted heat of the ASICs out of my head”
We still have some gear to giveaway from PMM!
Foundation Devices Passport winner is Bon. He wins with his #PlebMinerMonth clip.
Ronin Dojo Kabuto Kidtoshi Lotsafomo and Kenza 3D Pleb Miner skull build Fear is the Mine Killer
