Post
Topic
Board Speculation
Re: Will BTC hit $10.000 in Q1 of 2014 ?
by
johnyj
on 10/12/2013, 11:04:28 UTC
If difficulty rise 10x, that might happen, otherwise no

Is there a thread somewhere discussing the relationship between hashrate and BTC price?


Difficulty affect the mining return, and mining is the lowest cost to acquire bitcoins. If there is a projection of multiple mining equipment makers delivering large amount of hash power (during the first half of 2014), the price will rise first