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notNigel (OP)
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January 10, 2014, 10:53:18 PM |
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Where can I find a historical chart for $ price of btc vs Mh/s
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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notNigel (OP)
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January 10, 2014, 11:04:10 PM |
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mufa23
Legendary
 Offline
Activity: 1022
Merit: 1001
I'd fight Gandhi.
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January 10, 2014, 11:08:24 PM |
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Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
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empoweoqwj
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January 11, 2014, 02:33:11 AM |
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Of course the hash rate is going to follow the BTC dollar price. More $ to be made, more people will mine.
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g3raint
Member
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Activity: 84
Merit: 10
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January 11, 2014, 03:19:59 AM |
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cynic  |
------------------------------------------------------
BTC: 1NTs92VRppSsSeYLAXJtP1SxAzBwYk8JeH
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empoweoqwj
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January 11, 2014, 03:30:53 AM |
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cynic lol, me? Prefer "realist" |
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empoweoqwj
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January 22, 2014, 05:04:44 AM |
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Very nice actually! Great work. Suggest anyone looking to get into mining at the moment check them out |
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Lethn
Legendary
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Activity: 1540
Merit: 1000
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January 22, 2014, 07:31:04 AM |
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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.
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NUFCrichard
Legendary
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Activity: 1218
Merit: 1003
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January 22, 2014, 07:43:17 AM |
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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. |
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