I gotta wonder...the wild card in the deck now is, do more miners come on due to the drop or do more fall off due to overbuilt, overpriced operations finally bleeding out? Based on your recent analysis, without new lows in price, we may see a type of equilibrium on difficulty moves for the near term for those paying around .055 per KWH. I am writing calls against my BTC position today because this " revived hashing power " is basically in need of USD's to pay overhead and expenses. Once Mining Pool deposits hit tonight in the wee hours, we should see a selling of any recent miner earnings. I'm taking a stand at $3,500.00 - $3,600.00 at least for the next week or two.