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Author Topic: USD/mhash graph?  (Read 1755 times)
kongming208 (OP)
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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.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 06, 2010, 07:56:40 PM
 #2

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
 #3

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
 #4

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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