LiteCoin is Causing Shortages of AMD Radeon GPUs

Re:LiteCoin is Causing Shortages of AMD Radeon GPUs by erikpukinskis on Thursday December 12, 2013 @06:23PM (#6897992)

Except the lower limit is pretty close to the cost of electricity too, since there are lots of opportunistic miners interested in bringing more capacity online if there's a profit to be made.

So, if the upper bound and lower bound are pretty close, what's wrong with saying "pegged"?

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Re:LiteCoin is Causing Shortages of AMD Radeon GPUs by maxerickson on Thursday December 12, 2013 @07:58PM (#6898427)

Things haven't been stable enough for that to be true.

For example, you've put the current electricity consumption at something like $100,000 a day (14,000 kw * 24 hours * $0.20 = $67,200). The mining reward is closer to $3 million per day.

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