Post
Topic
Board Economics
Re: $55 - really? Really? Really?
by
lemonginger
on 12/04/2013, 04:42:54 UTC
For the millionth time in these forums. The price of BTC has absolutely nothing to do with the price of mining. The difficulty will adjust towards making mining a break-even venture. The difficulty rate lags the price due to the time it takes to bring miners on and offline. The price is solely determined by supply and demand.