Updated Miner Breakeven Price Model (Patreon)

This is an approximation based on overhead P&L data which can vary greatly and a big part of my thesis is miner efficiency.  Basically the BTC price at which miners become profitable. 

I focus on the miners that turn out as much bitcoin as possible per hash and have the highest levels of capital efficiency thru my BTC ROI ratio. 

I updated this for the Q&A question around HUT 8 Short