Post
Topic
Board Speculation
Re: Asic devaluating bitcoin
by
tokeweed
on 04/07/2013, 02:20:34 UTC
Hello, i think asics are devaluating bitcoin and will continue to do so because they are extremely cost efficient (i mean electricity per gh). Can some1 with math skills count this: Compare the  price of btc(not the 250 buble)/electricity price per gh from gpu era (until Feb 2013) to today bitcoin price/electricity price per gh from asic era.

nope.  it's trading that's making btc price going down.