Bitcoin Forum

Economy => Economics => Topic started by: notNigel on January 10, 2014, 10:53:18 PM



Title: Hash rate vs BTC price chart
Post by: notNigel on January 10, 2014, 10:53:18 PM
Where can I find a historical chart for $ price of btc vs Mh/s



Title: Re: Hash rate vs BTC price chart
Post by: g3raint on January 10, 2014, 11:01:05 PM
All I can find without writing some code is the following two charts;

http://www.quandl.com/BCHAIN-Blockchain/HRATE-Bitcoin-Hash-Rate
http://www.quandl.com/BITCOIN-Bitcoin-Charts/MTGOXUSD-Bitcoin-Markets-mtgoxUSD

Overlay them :)

G (I know its a lazy approach, but I'm mad busy at moment)

Okay  there are some other Graphs here http://www.bitcoinx.com/charts/


Title: Re: Hash rate vs BTC price chart
Post by: notNigel on January 10, 2014, 11:04:10 PM
All I can find without writing some code is the following two charts;

http://www.quandl.com/BCHAIN-Blockchain/HRATE-Bitcoin-Hash-Rate
http://www.quandl.com/BITCOIN-Bitcoin-Charts/MTGOXUSD-Bitcoin-Markets-mtgoxUSD

Overlay them :)

G (I know its a lazy approach, but I'm mad busy at moment)

Thanks.

Got it here I think.
http://www.bitcoinx.com/charts1/chart_large_lin.png

http://www.bitcoinx.com/charts1/chart_large_lin.png


Title: Re: Hash rate vs BTC price chart
Post by: mufa23 on January 10, 2014, 11:08:24 PM
Price: http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zv
Difficulty: http://bitcoin.sipa.be/


Title: Re: Hash rate vs BTC price chart
Post by: empoweoqwj on January 11, 2014, 02:33:11 AM
Of course the hash rate is going to follow the BTC dollar price. More $ to be made, more people will mine.


Title: Re: Hash rate vs BTC price chart
Post by: g3raint on January 11, 2014, 03:19:59 AM
cynic :)


Title: Re: Hash rate vs BTC price chart
Post by: empoweoqwj on January 11, 2014, 03:30:53 AM
cynic :)

lol, me? Prefer "realist" :)


Title: Re: Hash rate vs BTC price chart
Post by: komar on January 22, 2014, 01:28:52 AM
Where can I find a historical chart for $ price of btc vs Mh/s
Will some of those charts help? (http://divananalit.org/)


Title: Re: Hash rate vs BTC price chart
Post by: empoweoqwj on January 22, 2014, 05:04:44 AM
Where can I find a historical chart for $ price of btc vs Mh/s
Will some of those charts help? (http://divananalit.org/)

Very nice actually! Great work. Suggest anyone looking to get into mining at the moment check them out


Title: Re: Hash rate vs BTC price chart
Post by: Lethn on January 22, 2014, 07:31:04 AM
I've found hash rate is a good indicator for difficulty but I wouldn't agree it affects the price that much, the reason being is when you get price spikes all the short sighted multi-pools switch to that particular coin, I find difficulty is a more reliable thing and of course how many coins are in circulation.


Title: Re: Hash rate vs BTC price chart
Post by: NUFCrichard on January 22, 2014, 07:43:17 AM
I've found hash rate is a good indicator for difficulty but I wouldn't agree it affects the price that much, the reason being is when you get price spikes all the short sighted multi-pools switch to that particular coin, I find difficulty is a more reliable thing and of course how many coins are in circulation.
For alts yes, for Bitcoin no.  People spending thousands on ASICs might dabble in ALTs, but I think most will be pretty constantly be mining BTC to try to get ROI.