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Author Topic: USD/mhash graph?  (Read 1595 times)
kongming208
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November 06, 2010, 04:12:10 PM
 #1

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.

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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and MultiBit are OK.)
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hugolp
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November 06, 2010, 07:56:40 PM
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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.
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November 06, 2010, 08:10:11 PM
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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.
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December 31, 2017, 03:13:43 PM
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hi, I tried, but it is almost useless for bitcoin price prediction. you can find the both timeseries at blockchain.info -> data -> charts
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