Re: Bitcoin mining proof-of-work over the last 6 years as we move to 1 exahash/s
if you think about it, the hashrate it the real measure about the real trend of the value of bitcoin
i mean the hashrate paints perfectly the average increase of the value since bitcoin is born, without all the p&d that occured
i mean the hashrate paints perfectly the average increase of the value since bitcoin is born, without all the p&d that occured
i think exactly the same, people tend to forget that side from the bitcoin world, there is so much fiat money invested on mining and more will come with the new chips, there must be a correlation between hashrate and bitcoin value.
The last increments from the hashrate it is having repercussions ATM and more will come, is just a question of time
