is about to open, and some friends don’t know how to calculate the cost of borrowing for mining.This is how I calculated it. Based on 10,000 FDUSD, the total number of U mined is 2.1 billion U, and the allocated ALT is 100 million, then a single U mined is 0.0476, and 10,000 U mined 476 ALT. This is the income. .What about the cost? There are two pieces, one is the interest on borrowing U, which is about 10% in the market. The annual interest divided by 365 and then multiplied by 6 is the interest cost, 16.4U. The other piece is the loss of exchanging FDUSD. The high level is 1.0040 and the loss is 40U. The low level is 40U. The U loss is 20U when exchanged for 0.9980, and the total loss is 60U. The total cost of the two pieces is 76.4U.The calculated cost is about 0.16U of ALT. Of course, this cost must be calculated before mining, and then you can estimate whether it can be sold above this price at the opening. You must be mentally prepared for losses.In addition, you should also pay attention to the risk of liquidation when borrowing, and the mortgage rate cannot be too high. The same algorithm is probably used for borrowing BNB.Personally, I think there should be no problem selling ALT above 0.2U today, and it is possible to sell it above 0.3U.
