If its just a spike then it means nothing, but if BTC rises to $1200 via growth of the BTC economy, which means a general rise in price, then the big mining companies/manufacturers turned miners who have cheap power and financial resources will triple the size of their operations.

The answer is the same if BTC goes to $30,000, large manufacturers turned miners will multiply their facilities by 100 x to match, and the difficulty will follow as it always has done so.

There are big players now running this game, its over for those that do not have the same power rates as the big players do.