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Author Topic: What's causing the recent bitcoin price increase?  (Read 9755 times)
bitcoinfrenzy
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June 20, 2012, 02:44:17 PM
 #41

Does anyone have up-to-date information on the correlation between cost of mining and bitcoin price?  How much does it cost to mine 1 bitcoin?  How has that cost changed over time?

Do people generally think there is a connection between mining cost and bitcoin price, or is that not considered to be relevant? 

Thanks!

http://blockchain.info/charts/miners-revenue

Thanks, cool site!
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