This is an excellent example of the gravitational pull of Difficulty, except we witness margin compression due to unfavorable difficulty adjustments from miners joining the network. Difficulty stabilizes the mining network and provides just enough incentive to maintain Bitcoin’s security layer. Over time, margins remain just plentiful enough for committed, efficient miners to remain profitable despite price fluctuations in Bitcoin. Ultimately, Difficulty will wipe out those operating inefficiently, but when the price of Bitcoin appreciates significantly, in a short timeframe, even inefficient miners can enjoy healthy margins.

Many fear Halving but if you understand the psychology of the miner and how game theory will drive behavior, Pre and Post Halving, the efficient miners should welcome it. Miners, sub 6.3c, with the most efficient mining rigs will feel pain but will survive. Bitcoin naturally has a sell pressure from miners that chips away at Bitcoin’s price. Post Halving less new fiat will be required to counter balance miner sell pressure. As a result, Investment Funds and Hodlers will be more capable of stabilizing the downward pressure by injecting enough new fiat into the system to achieve long-term price appreciation.

The Blockware Mission: In this paper, we illustrate the necessity for miners to achieve every possible comparative advantage over their peers in order to survive and thrive. Rather than just writing research we have taken the initiative to offer the most competitive package for US Miners. Our goal is to bring as much hash to the US and keep US Miner’s competitive with the rest of the World. Blockware Mining has S17+’s on-site at our hosting facility for sale and will be offering a 24/7 turn-key hosting solution priced between 5.7c – 6.7c kWh to ensure robust profit margins for US Miners. This offering will have miners up and hashing immediately – no more 2.5 month lead times and delays from Chinese Manufacturers. We will also offer a leading firmware for a one-time installation fee (rather than the Dev Fee in perpetuity) that gets S17+’s hashing between 95T-105T. The Blockware Mining Hosting Facility will be managed by Navier.com – a leading team that has been mining since 2011. Miners will no longer experience fried machines by inexperienced techs managing your expensive machines. These experts at Navier.com control 12% of the Z-Cash Hash, 22% of the Dash Hash and 16% of the SIA Coin Hash. Marrying all of these value adds will best position US Miners to remain competitive – bringing as much hash as possible to the US.

Blockware Solutions, LLC is a Blockchain Service Provider and industry leader in Bitcoin & Cryptocurrency Mining Services. Blockware assists clients with the acquisition & sale of mining rigs direct from foreign manufacturers and through trusted P2P domestic channels (32,000 ASICS sold over the past 12 months). Blockware provides access to a thoroughly vetted network of hosting & colocation facilities across the US (26MW’s placed over the past 12 months). Additionally, Blockware Solutions is a professional mining pool operator and also provides research / consulting services on a variety of other opportunities in the Blockchain and Cryptocurrency Mining Space.

Blockware is a team with professional experience in Asset Management, Software Engineering, Proprietary FX Trading, and Management Consulting. Co-Founder and CEO, Matt D’Souza, currently manages Blockchain Opportunity Fund, LLC: a mid-large size hedge fund focused solely on digital assets and the Blockchain Industry and is a Co-Founder and CEO of Blockware Mining, LLC: a US-based mining operation running 180PH in Kentucky. Together with President, Michael Stoltzner, they strive to bring as much hash to the US as possible.

Blockware Solutions presently operates one of the Top 20 Largest Bitcoin Mining Pools in the World, we are the 3rd largest Validator for the Loom Network, and are part of SKALE Labs’ Alpine Team as a future Validator for their network. We are consistently positioning for new ways to actively support growing the Blockchain Ecosystems.

We are always looking to network, learn and educate. We appreciate any feedback and look forward to a continued discussion!

https://BlockwareSolutions.com

https://bitcoin.blockwarepool.com/

https://BlockwarePool.com

https://BlockwarePool.com/Loom

Follow us on Twitter: @BlockwareTeam, @Mjdsouza2, @S_Chwarzynski - for direct comments or questions, email us: Contact@BlockwareSolutions.com

Co-Authored by: Matt D’Souza, Sam Chwarzynski, Mason Jappa, and George Adams

DISCLAIMER

THERE CAN BE NO ASSURANCE THAT THE PROJECTIONS, ESTIMATES OR THE UNDERLYING ASSUMPTIONS WILL BE REALIZED AND THAT ACTUAL RESULTS OF OPERATIONS OR FUTURE EVENTS WILL NOT BE MATERIALLY DIFFERENT FROM THE PROJECTIONS. UNDER NO CIRCUMSTANCES SHOULD THE INCLUSION OF THE PROJECTIONS BE REGARDED AS A REPRESENTATION, UNDERTAKING, WARRANTY OR PREDICTION BY BLOCKWARE SOLUTIONS, LLC OR BLOCKWARE MINING, LLC, OR ANY OTHER PERSON WITH RESPECT TO THE ACCURACY THEREOF OR THE ACCURACY OF THE UNDERLYING ASSUMPTIONS, OR THAT BLOCKWARE MINING, LLC WILL ACHIEVE OR IS LIKELY TO ACHIEVE ANY PARTICULAR RESULTS.