This does actually look interesting, I suggest that you re-organize your post in general I was really sure this was some type of spam 

OP, I think this post best fits to be in the  Mining thread since the topic is focused in mining.

I believe that maybe some of the whales might have some mining farm, but some might be just pure early bitcoin investors who had invested a lot of money in bitcoin since it started, where bitcoin costs less than a dollar.

Just a question, is it still profitable to mine bitcoin even with numbers of rigs and the electricity cost.
I mean will the number of rigs you have compensate and add to your daily profit, or will it just be a huge waste of resources to mine bitcoin.

With a lot of big miners in competition, I don't think I will be choosing it before investing. It is true that earning Bitcoin through mining will be stable but the cost of it is the problem. You can't just buy a mining rig and the fact that not all of the people that use Bitcoin can afford it. Another thing is the electric fees that is a big peoblem for miners. Also, let me remind you that while a lot of BTC are grtting mined, the harder it gets and I think it is too late for us to mine BTC, we can't afford to mine BTC nowadays.

My goal is to help my clients from wasting their money on emotions. Plus I have never seen anyone answer the question of why BTC doesn't go to zero. With my metrics I know why it doesn't go to zero.

That is not how market cap works. Market cap is one of the worst methods for understanding the nature of a financial vehicle. Also exchange volumes are massively inflated:
https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf


Difficulty isn't based on bitcoin price but hash rate. There is a reason professionals exist, they do things other people can't. They do things that are hard. I've spent over a year perfecting my metrics. If you would rather fly blind without instruments that is your prerogative. I will use my altimeter thank you.

Hash rate is only affected by the amount of miners that are active on it. The hash rate operates independently of the price of bitcoin. When the price increases it gets more profitable to mine, but if the price of bitcoin went to 100k the hash rate even at max capacity couldn't reach anywhere near that right now. Calculating the cost of mining is as easy as calculating the processing speed of a comp. How many cores at how many hertz, it really isn't too complicated.

It is amazing how much push back I've gotten for presenting a logical number to bitcoin people, when they slurp up CMC volume lies on a daily basis. I literally present my data on my site, you can recreate my algo if you really care to.

Dude, I just did a preliminary calc. The number will shock you. It shocked me, but I gotta save it for my clients :O

In my view the Fundamental Price Floor is the intrinsic value of bitcoin. It acts like a professional cash flow assessment by the most experienced players in the bitcoin game. These are the people that secure the investment and sustain the price. They maintain the infrastructure and the entire bitcoin network. I just want to monitor what they are doing. Radar for the whales (maybe I can beach one and eat their blubber! It's chewy!).

Your first point is patently false the cost of mining depends on the hash rate not the btc price. That is like saying the cost of farming is based upon the price of corn. No farming corn is based on the cost to make corn. Mining bitcoin is based on the cost to make bitcoin not the price of bitcoin.

Your second point is also patently false. That is like saying buying a tractor that can till 50% more land that costs 10% more than the old tractor did (but is 50% more efficient) increases infrastructure costs because you have to pay for a new tractor. You sell the old tractor and buy a new tractor and then you can till 50% more land and make 50% more produce. With more produce on the market the spot price of produce goes down. Mining is no different.

Just to refute both points with logic: you assume miners are altruistic buddhist monks who throw their money away every day just so people like you can have a bitcoin? Do you also think Mcdonalds/google/facebook doesn't make a profit off of you?

You would be greatly helped by my site:

https://www.amsinger.org/subscriber-data

My friend, this is a really difficult concept. It took me 6 months since Nov 2018 (a time I lost a hearty chunk o cash) to really grasp how miner efficiency upgrades can tank the bitcoin price. I even was an s9 miner in 2017. Now I am trying to make others aware of what I learned.

The total amount of bitcoin blocks mined is limited to 2016 per fortnight (1800btc/day). The competition to mine blocks is intense and, when the hash rate is growing, it keeps getting more intense. The bitcoin miners are on a treadmill that is continually going faster. The reason no one can mine on a CPU anymore is because the introduction of ASIC miners made it too difficult for a CPU to mine btc. The ASIC eradicated the CPU competition.

With the advent of more efficient ASIC miners they are eradicating previous generations of ASIC miners just like they eradicated CPU miners. When S9's originally came out they costed 2k/unit. After Nov 2018 an S9 costed as low as $200/unit. With the release of the new S17's it will make S9 mining completely obsolete just like CPU's.

If I could make a magical ASIC that could seize 100% market share of the hash power of the network for $100 and get free electricity. I could create bitcoins for near zero cost, and I could dump 1800 bitcoins per day on the markets for PURE profit until the price of bitcoin goes to near zero.

These new efficient machines will make it so their owners can make bitcoin for VERY low prices even at higher hash rates than now. When efficiencies are not able to be increased a higher hash rate means a high bitcoin price, but when efficiencies increase a higher hash rate does NOT mean a higher bitcoin price, and depending on the degree of efficiency upgrade it can and will incentivize new miners to tank the price for greater MARKET SHARE of the 1800 bitcoin.

If you are using a horse to pull a plow it may cost 3k for that horse and all you need to feed it is hay (or grass or whatever) it may cost 50$/bushel of corn. But if your neighbor gets a 200hp tractor to till his field he would get 200x more area and it may only cost him $5/bushel of corn. He will very quickly cost you out of the market by selling his corn for $10/bushel.

Accordingly, the people in the city that were buying corn futures based on your farm at $50/bushel will also be screwed when your neighbor starts dumping his $10/bushels on the market. Bitcoins are basically futures contracts on the bitcoin mining network. People are currently buying $7800 dollar bitcoin futures contracts, not knowing that your neighbor is gassing up his tractor RIGHT NOW.

I made a post on my site explaining the floor price better here:

https://www.amsinger.org/writings

I hope you find it interesting