We all remembered when Bitcoin peaked in December last year nearing twenty grand and the difficulty was one and a half trillion. Today, that difficulty is 2 trillion higher than the peak therefore twenty grand is a small value in regards to the difficulty. Now we all there are one hundred million Satoshis in one Bitcoin. When difficulty was 1 the price of 1 Bitcoin was $.00000001.
I have found 2 book values. A high and a low book value for Bitcoins and cryptos that uses the same math. Whatever the difficulty is divide that by 100,000,000 and that equals the high book value. Now divide that number by the reward era (3) and that is the low book value.
The science behind it, is people buy ASIC machines to mine Bitcoins and process transaction, therefore, they desire a profit. As always with investing we do not mind losing at the beginning but eventually we want our win. Earth is soon to come to reckon because the difficulty is rising, actually it has not dropped after Bitcoin’s peak in December. Since the difficulty is rising mean people are investing resources. Market value is dropping as with payouts. It is impossible for a human to willfully allow themselves to lose forever meaning people will unplug their machines or force (within their power) the market value up. One this for sure is difficulty will go down or market value will go up. With cloud contracts, people will re up but not invest their fiat currency, so as long they have a general understanding of what is going on.
To use the Excel, derived for use on HashFlare (I thought they were cheating me, so I had to do the math, and they are stable in payouts). Bold is to enter your or current information.
Hashrate SHA-256, 3 bolds • Your Hashrate • Current Balance • The price for 10 billion Hashrate
Contracts, no bold
Bitcoins • 1: is your multiplier effect, normally it stays at 1 • Market price, updated automatically from this site
Difficulty • This page is for informative purposes • The current and most recent difficulty • Uses information to make reliable predictions • Assume difficulty and market price is on a perpetual rise
Informed Choice • When Bitcoin peaked it was 23% ahead its high book value • Coin it as ‘Difficulty Inflation’ for NOW difficulty • At 123% of current difficulty is 100% spectrum • As of typing this, miners are at 16% spectrum • At 75% spectrum, mining is profitable • Below 25% spectrum, buying is choice
Halving • Informative to keep current for the future