Bitcoin Forum

Economy => Economics => Topic started by: kongming208 on November 06, 2010, 04:12:10 PM



Title: USD/mhash graph?
Post by: kongming208 on November 06, 2010, 04:12:10 PM
Hi,

Has anyone made a graph of the USD value of a bitcoin divided by the difficulty in creating the coin? Something like
USD/mhash?

I know that both the difficulty and the value have been going up dramatically, but I was wondering which goes up faster
and by how much.


Title: Re: USD/mhash graph?
Post by: hugolp on November 06, 2010, 07:56:40 PM
There is the "little problem" of the subjectivity of value, which affects prices in unpredictable ways. So even if you want a graph of the amount of dollars printed vs the difficulty of creating a new bitcoin, it wont tell you what the exchange between bitcoin and dollars will be.


Title: Re: USD/mhash graph?
Post by: ribuck on November 06, 2010, 08:10:11 PM
That would be an interesting graph, but it would be hard to glean much information from it unless we could estimate the rate at which people were switching from CPU generation to GPU generation.


Title: Re: USD/mhash graph?
Post by: alink on December 31, 2017, 03:13:43 PM
hi, I tried, but it is almost useless for bitcoin price prediction. you can find the both timeseries at blockchain.info -> data -> charts