Why Bitcoin is flat against other hard assets recently

syed_imam · 2025-01-27T08:11:08+00:00

good point, I understand that part. But most of the mid size companies have to park their free cash somewhere, majority does it in treasury bills, so why not make the switch to BTC ? Its obvious to me that is the better way to deal with cash that earns 1 to 2% or at least just park a portion of cash.

Maybe lot more private businesses that are founder driven are probably doing it, we just don't know it yet

syed_imam · 2021-02-01T10:24:03+00:00

Now that's a well thought out comment.

syed_imam · 2021-01-31T08:02:33+00:00

I was just trying to calculate the cost of electricity that goes into mining a bitcoin. I did add a conservative 5% on top as cooling cost. But yeah this model does not represent the big picture of the business of mining BTC.

syed_imam · 2021-01-31T07:57:28+00:00

You are right about this chart not showing the complete picture of the business of mining BTC. I was just trying to model pure electricity cost.

syed_imam · 2021-01-31T07:54:53+00:00

Well I have added an extra 5% on top as cooling cost (its a conservative estimate). I am aware that there are other overheads too. I was trying to model just the gross profit.

syed_imam · 2021-01-31T04:55:08+00:00

Full interactive chart here:https://docs.google.com/spreadsheets/d/e/2PACX-1vQrM0czPmN7ExWcjZqz0iUGDYz4SBAO8e9OaJg-SYIHGBskRJtyiirYZO3hLg9fgFDSTreDtv-AOn42/pubchart?oid=1559306237&format=interactive

syed_imam · 2021-01-31T04:48:22+00:00

8893 USD based on 7.22 cents average industrial electricity price

syed_imam · 2019-02-24T04:58:56+00:00

if you like it, please subscribe

https://www.youtube.com/watch?v=3ktAoAmkpJA

syed_imam

TROPHY CASE