The total electricity expenditure of pBTC35A gathered from Mars-owned date centers has skyrocketed to the latest $0.09/kWh according to July 4th. A reasonable adjustment to the electricity price is imperative as pBTC35A currently charges as low as $0.08/kWh. In light of the present Bitcoin network difficulty and price, whilst preserving the profitability of pBTC35A, the team decides to adjust the electricity price to $0.09/kWh, take effect immediately.
Rewards from staking pBTC35A are net profits, calculated theoretically with the formula and parameters open to everyone. The static breakeven point of pBTC35A is around $18,745/BTC based on the present network difficulty (29,570,168,636,357). A proposal to the market where Bitcoin is trading below the breakeven point of pBTC35A will be announced as necessary.
July 5, 2022