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Mining speculation
Re: Projected Minimum Cost per BTC over the next year
by
World
on
16/03/2016, 14:13:41 UTC
Energy Eaten By Bitcoin and what it mean for price by @bitcoin3000
https://www.youtube.com/watch?v=9_owNVdYZlg
I estimate/calculate the market cap-to-TEEBB ratio and graph it over time in order to gain new insights into the historical, current, and future values of bitcoin.
data:
https://docs.google.com/spreadsheets/d/1kesn0wWxE5NvQUz4QE5h8SVrpNeqNJIHqxUM3cakHaw/edit#gid=0
graph 1:
https://plot.ly/~bitcoin3000/235/market-cap-vs-total-energy-eaten-by-bitcoin-with-estimated-mining-efficiency/
graph 2:
https://plot.ly/~bitcoin3000/234/market-cap-to-teebb-ratio/