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gnaget
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July 22, 2011, 10:40:35 PM |
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The 100,000 is arbitrary, but it aligns the price and difficulty nicely. I don't consider 1/1 to be a natural ratio, but historically it has held. Honestly, I'd suspect the resistance point to be closer to where we are now: .8.
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NetTecture
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July 23, 2011, 04:40:25 AM |
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The 100Mhash come from that being a decent lowest comment to reach all sorts of mining speeds  So people cna find out how much they can earn for a given fiat money investment. |
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phelix
Legendary
 Offline
Activity: 1708
Merit: 1019
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July 23, 2011, 08:33:33 AM |
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yeah 100MH/s is comfy to estimate earnings per day
i guess the "resistance point" will decrease in the long run, ~~~ by moores law.
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gnaget
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August 03, 2011, 02:51:11 PM
Last edit: February 14, 2017, 10:40:18 AM by gnaget |
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With the sell off and the difficulty increase, the ratio has significantly dropped to .61
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BombaUcigasa
Legendary
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Activity: 1442
Merit: 1000
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August 03, 2011, 08:01:39 PM |
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BRILLIANT!!!! Put a new donation address on that page so I may send you my two cents... |
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fastandfurious
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August 03, 2011, 08:08:13 PM |
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Thanks! Nice charts. Any thoughts when the average miner will start losing money on their mining rig? |
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phelix
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Activity: 1708
Merit: 1019
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October 23, 2011, 08:16:09 PM |
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I would love to see some updated charts or data. Links? Peace
you are welcome: http://bitcoinX.bit  |
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bitcoinBull (OP)
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Activity: 826
Merit: 1001
rippleFanatic
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October 24, 2011, 06:39:30 AM |
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I would love to see some updated charts or data. Links? Peace
Since you asked. Continuously setting new lows for the ratio. Difficulty doesn't seem to be "supporting" price, in the sense of propping it up or providing a floor. But the network's resilience to a plummeting price is quite surprising. Its the power of peer-to-peer and decentralization. Maybe there's still a correlation. Perhaps price "hangs" from difficulty - like a bungee cord or a rubber band. A strong difficulty could launch the price like a slingshot, if that's the case. |
College of Bucking Bulls Knowledge
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mc_lovin
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Activity: 1190
Merit: 1000
www.bitcointrading.com
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December 23, 2011, 05:39:48 PM |
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Update chart now? want to see that curve up:P thx
Same here, things are getting interesting  |
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DeathAndTaxes
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Activity: 1218
Merit: 1079
Gerald Davis
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December 27, 2011, 01:46:17 PM |
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CHARTS! CHARTS! CHARTS! CHARTS! No seriously I find the price/difficulty charts to be very interesting. I like bitcoinx charts bu a) would love to see units based on 1 GH. 100MH seems so arbitrary. yeah any number is arbitrary but it would be like getting gas mileage in 1/10th of a gallon . Yeah my car rocks it gets 200 mpthg (miles per tenth of a gallon)  b) There is only a 30 day chart (which shows too little) and a all time chart (which due to the insane peaks washes out any detail in the last 6 months or so. If anyone knows where I can easily acquire the difficulty by day data (or date of prior 20 difficulty changes) I will make some more charts. |
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phelix
Legendary
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Activity: 1708
Merit: 1019
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December 31, 2011, 05:26:16 PM |
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CHARTS! CHARTS! CHARTS! CHARTS! No seriously I find the price/difficulty charts to be very interesting. I like bitcoinx charts bu a) would love to see units based on 1 GH. 100MH seems so arbitrary. yeah any number is arbitrary but it would be like getting gas mileage in 1/10th of a gallon . Yeah my car rocks it gets 200 mpthg (miles per tenth of a gallon) b) There is only a 30 day chart (which shows too little) and a all time chart (which due to the insane peaks washes out any detail in the last 6 months or so. If anyone knows where I can easily acquire the difficulty by day data (or date of prior 20 difficulty changes) I will make some more charts. a) this is for historical reasons (charts from Raoul) Maybe I will change it some time next year. b) logarithmic chart does not help? you can get difficulty data from blockexplorer... make the intervall 2016 and you will get data for each difficulty change |
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fred0
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January 01, 2012, 08:38:15 PM |
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CHARTS! CHARTS! CHARTS! CHARTS! No seriously I find the price/difficulty charts to be very interesting. I like bitcoinx charts bu a) would love to see units based on 1 GH. 100MH seems so arbitrary. yeah any number is arbitrary but it would be like getting gas mileage in 1/10th of a gallon . Yeah my car rocks it gets 200 mpthg (miles per tenth of a gallon) b) There is only a 30 day chart (which shows too little) and a all time chart (which due to the insane peaks washes out any detail in the last 6 months or so. If anyone knows where I can easily acquire the difficulty by day data (or date of prior 20 difficulty changes) I will make some more charts. Is something like this what you are looking for? http://btcserv.net/bitcoin/history/ |
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phelix
Legendary
Offline
Activity: 1708
Merit: 1019
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February 02, 2012, 04:13:47 PM |
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CHARTS! CHARTS! CHARTS! CHARTS! No seriously I find the price/difficulty charts to be very interesting. I like bitcoinx charts bu a) would love to see units based on 1 GH. 100MH seems so arbitrary. yeah any number is arbitrary but it would be like getting gas mileage in 1/10th of a gallon . Yeah my car rocks it gets 200 mpthg (miles per tenth of a gallon) b) There is only a 30 day chart (which shows too little) and a all time chart (which due to the insane peaks washes out any detail in the last 6 months or so. If anyone knows where I can easily acquire the difficulty by day data (or date of prior 20 difficulty changes) I will make some more charts. a) this is for historical reasons (charts from Raoul) Maybe I will change it some time next year. b) logarithmic chart does not help? you can get difficulty data from blockexplorer... make the intervall 2016 and you will get data for each difficulty change finally I added a 90days chart |
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DeathAndTaxes
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Activity: 1218
Merit: 1079
Gerald Davis
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February 02, 2012, 04:16:50 PM |
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finally I added a 90days chart
Am I blind because I am not seeing it? |
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phelix
Legendary
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Activity: 1708
Merit: 1019
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February 02, 2012, 04:28:33 PM |
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finally I added a 90days chart
Am I blind because I am not seeing it?  hehe, there was a glitch should be there now |
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DeathAndTaxes
Donator
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Activity: 1218
Merit: 1079
Gerald Davis
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February 02, 2012, 04:37:00 PM |
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Thanks. Looking at that chart reminds me when revenue fell below $2 per GH/s. Those were some dark days.
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MPOE-PR
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February 29, 2012, 11:39:37 AM |
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This is a wonderfully informative thread. Maybe there should be some sort of thread awards on the forum like wikipedia has?
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Cosbycoin
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March 07, 2012, 02:28:43 AM |
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Perhaps an updated chart from the OP for current price and difficulty? Thanks in advance! |
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notme
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Activity: 1904
Merit: 1002
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March 07, 2012, 02:38:32 AM |
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Perhaps an updated chart from the OP for current price and difficulty? Thanks in advance! +1 |
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