Post
Topic
Board Securities
Re: [Havelock] Bitcoin Difficulty Derivative (BDD)
by
twentyseventy
on 02/01/2017, 03:41:42 UTC
Round 3, Period 24, Day 3 Report - January 1, 2017

Balance Post Divs: BTC 15.43531186

Total Units: 3029

NAV/U: BTC 0.00509584

Happy New Year, everyone!

Thanks to everyone for their patience. We a little over three weeks of dividends left and this will be the last round of BDD. Thank you to everyone who has participated over the last few years!

Bitcoin Price Up

In past weeks Bitcoin price went from $720 or so to around $940.

For B.MINE purposes, would this mean that bitcoin mining difficulty decreased? The same satoshi is now worth more.

Just curious.

Happy New Year everyone.

No, the price doesn't have anything to do with the difficulty (strictly) - https://bitcoinwisdom.com/bitcoin/difficulty

Over time, the increased price will probably lead to increased investment in mining equipment, but that takes a while to spin up.