23 November, 2021 BitDeer Revenue & Contracts Profitability Analysis
23 November, 2021 BTC Revenue:
0.00000562 (0% Pool Fee, Antpool Data)
PPS mining earning: 0.00000555
Transaction reward: 0.00000007
0.00000539 (f2Pool, 4% fee)
0.00000539 (Antpool, 4% fee)
0.00000540 (ViaBTC, 4% fee)
0.00000539 (BTC.com, 4% fee)
0.00000538 (BTC.top, 4% fee)
Best settings for BTC Accelerator Contracts:
ViaBTC + Personal Wallet
Best settings for BTC Classic Contracts:
ViaBTC + Personal Wallet
BTC Network Hashrate
Bitcoin Difficulty Estimation
Values and changes since last analysis:
15 November: trend of +2.00%, 165 / 161 expected, 4 blocks ahead
23 November: trend of +0.01%, 1306 / 1307 expected, 1 blocks behind
We are now at the 65% of the Network Difficulty time slice. Although at the moment the expected change is near zero, there is still the danger of a sharp increase in the hash rate and an increase in the new Difficulty.
Fast BTC Profitability Analysis: New Mining Plans
50 TH/s package: https://www.bitdeer.com/product/211122197
200 TH/s package: https://www.bitdeer.com/product/211122198
500 TH/s package: https://www.bitdeer.com/product/211122199
Pessimistic Scenario for 180+ days mining Plans
In June 2021, I replaced the forecast for the periodic growth of the Bitcoin Network Difficulty in the Pessimistic scenario (3% replaced by 6%), Realistic scenario (2% replaced by 4%) and Optimistic scenario (1% replaced by 2%). All these replacements were due to the fact that by the end of 2021 we will be dealing with the restoration of the network hash rate after the events of May 2021, when Chinese miners had to leave China and look for new locations for their mining farms. These rates will be faster than the organic growth that I analyzed prior to the events of May 2021. Therefore, it makes no sense to consider 180+ daily contacts with a 6% increase in network difficulty over a long period of time.
So, for an ordinary classic contract, we have a low profitability for 200 days, but the contract is still in the profitability zone.
A much more interesting situation unfolds with my personal promotional contracts for 60 days.
Now, with the hashrate stabilizing, which I warned about 2 weeks ago in this article, we can regard the Pessimistic Scenario for 60 days as unrealizable.
Most likely we will get 2-3% of the average growth of Network Difficulty in the next 60 days and this will allow us to fix a good profit from mining.
At the moment, the BTC rate is lower than expected. I really look forward to the recovery of BTC to the levels of 59,000 - 60,000 dollars, and then, contracts, even without discount coupons, will have approximately the following profitability:
That is why I am waiting for the growth of the BTC rate and catching the right moments to buy.
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