3 ms·

http://bitcoin.sipa.be/ http://bitcoin.sipa.be/ http://bitcoinwisdom.com/bitcoin/difficulty http://bitcoinwisdom.com/bitcoin/difficulty

• repsilat 13y ago
  Very interesting. Now to try to corellate it with price swings...
  • NateDad 13y ago
    It's tricky, because mining is also affected by hardware efficiency. So, if some new hotness arrives on the scene, difficulty can jump dramatically, with no corresponding price increase. Also, since we're in the age where only asics can effectively mine, and they are output by small shops that have limited capacity, the hardware supply is more of a limiter to mining than demand. Generally, more interest in mining simply drives up the price of mining equipment, rather than immediately driving up mining rates. Of course, over time, more demand leads to more companies wanting to build asics, so more of them do. However, that's a very slow response, since making mining equipment that works well is non-trivial. It's interesting, for sure, but I think it probably affects ebay a lot more directly than difficulty ;)