It will be very interesting to see if the institutional miners will learn what the small miners have known for a while, mining more quickly than imagined becomes a very marginal game and a money sink if you are not careful.

I wonder also if the institutional miners will act rationally with prices being such.  The desire to break even on initial investment I would think could lead them to sell even for a loss initially.  I don't smell many holders in the big guys as they seem to be non-believers.  Fiat still rules bitcoin.