So is it normal for 1 BTC per MHS's per day to drop so much when prices rise??? I guess despite the drop we still making about the same since the price is up? No one asking or worried about it but me so I guess so.
Or is this the new normal due to all the ASIC's coming on-line?
I imagine the BTC/1MH drop is solely due to the fact that the value of BTC is rising but the value of the altcoins hasn't risen. You're right, we should be making about the same assuming you cash out your BTC immediately. The altcoin market may adjust, but I have no idea if or when that would happen.
Interesting to try and figure it out.. SO MANY different factors play into this its kind s of mind boggling to me..
Like you said, there are a ton of factors. BTC rising, and scrypt markets not rising as well obviously affects, in fact, LTC/doge have taken a decent hit in the last few days (even outside of the BTC rise), which hurts as well. There's also more and more ASICs coming online, and while that doesn't change prices much (should raise them slightly), it does mean less bang (BTC) per MHs, as the amount of LTC/coins mined during the day stays the same, but is divided among a larger MHs group.
Thanks PW.. Makes sense.. Just trying to wrap my brain around how all this works..