Post
Topic
Board Speculation
Re: How much is difficulty related to price? Interesting Picture
by
jimhsu
on 12/02/2014, 04:48:00 UTC
With two curves with different units on the Y axis, you can make them intersect anywhere. The intersection has no meaning.

Even comparing the shape of the two curves over the same time is fairly meaningless. Difficult is just the output of an equation and doesn't actually represent the change in cost of mining, since there were quite a few developments over time that increased hashrate for the same investment.
Then why have they been mimicking eachother since the beginning of bitcoin?