Video Transcript

Bitcoin mining machines otherwise known as as6 what is their value and how are they priced let me show you the hardware unit I just showed you consumes 3 1/2 Kow of electricity to produce 200 teres of hash power and it’s priced at $5,000 to be able to compare different

Mining machines we need a metric this is the price metric where you divide the machine price by the machine hash rate to get the price per terahash the next question asked is well why do different machines have different prices and a different price for terahash the answer is efficiency you can calculate

The efficiency of any mining machine by dividing its power draw by its hash rate that is the value metric and that’s what sets its price in the market take the example of an older machine it uses more energy so it’s cheaper versus the new machine which uses less energy so it’s more expensive