Yes, for a short term. The long term will slowly steady out as we get closer to 21 million. I noticed that most of of my friends are supporting the bitcoin commodity which is fantastic. They are mining as well. We will have even more mining players in the system thus, the calculation to mine blocks will dramatically reduce as more miners appear. Although, the difficulty blocks bound to get harder to mine which will scrape the lower end miners. They will not able mine very well and not very efficient plus, it's just a waste of time.