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I believe/hope that this rise is not really a bubble, but driven by the rising difficulty, which is due to the availability of cheap(er) fpgas. Also the rise is

I believe/hope that this rise is not really a bubble, but driven by the rising difficulty, which is due to the availability of cheap(er) fpgas. Also the rise is much slower than last summer and supported by much larger trading volume.

wcoenen 14y ago
The bitcoin price drives the difficulty, not the other way around. http://bitcoin.stackexchange.com/questions/419/is-there-empirical-data-about-a-relationship-between-bitcoin-price-and-difficult http://bitcoin.stackexchange.com/questions/419/is-there-empi...