Re: New article: Price as a factor of difficulty

You are technically correct, it is a new BLOCK that is generated every 10 minutes.

However, that doesn't change my conclusion: The is very little correlation between price and difficulty.

Price is determined by the public agreeing on what they think a Bitcoin is worth - nothing else.

And what they think a Bitcoin is worth is partly determined by changes in the difficulty. Not totally, but partly.

I would agree. As mining becomes more difficult with specialized mining equipment required, people will be more likely to buy instead of mine to acquire the BTC they want.

There's more than one effect IYAM, and that's definitely one of them. I think a network with a 250 million difficulty is more valuable than a network with 1 million difficulty, that too makes the coins on the network more valuable.