Author

Topic: Hash rate vs BTC price chart (Read 2064 times)

legendary
Activity: 1218
Merit: 1003
January 22, 2014, 02:43:17 AM
#11
I've found hash rate is a good indicator for difficulty but I wouldn't agree it affects the price that much, the reason being is when you get price spikes all the short sighted multi-pools switch to that particular coin, I find difficulty is a more reliable thing and of course how many coins are in circulation.
For alts yes, for Bitcoin no.  People spending thousands on ASICs might dabble in ALTs, but I think most will be pretty constantly be mining BTC to try to get ROI.
legendary
Activity: 1540
Merit: 1000
January 22, 2014, 02:31:04 AM
#10
I've found hash rate is a good indicator for difficulty but I wouldn't agree it affects the price that much, the reason being is when you get price spikes all the short sighted multi-pools switch to that particular coin, I find difficulty is a more reliable thing and of course how many coins are in circulation.
hero member
Activity: 518
Merit: 500
January 22, 2014, 12:04:44 AM
#9
Where can I find a historical chart for $ price of btc vs Mh/s
Will some of those charts help?

Very nice actually! Great work. Suggest anyone looking to get into mining at the moment check them out
full member
Activity: 224
Merit: 100
January 21, 2014, 08:28:52 PM
#8
Where can I find a historical chart for $ price of btc vs Mh/s
Will some of those charts help?
hero member
Activity: 518
Merit: 500
January 10, 2014, 10:30:53 PM
#7
member
Activity: 84
Merit: 10
January 10, 2014, 10:19:59 PM
#6
cynic Smiley
hero member
Activity: 518
Merit: 500
January 10, 2014, 09:33:11 PM
#5
Of course the hash rate is going to follow the BTC dollar price. More $ to be made, more people will mine.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
full member
Activity: 182
Merit: 100
January 10, 2014, 06:04:10 PM
#3
All I can find without writing some code is the following two charts;

http://www.quandl.com/BCHAIN-Blockchain/HRATE-Bitcoin-Hash-Rate
http://www.quandl.com/BITCOIN-Bitcoin-Charts/MTGOXUSD-Bitcoin-Markets-mtgoxUSD

Overlay them Smiley

G (I know its a lazy approach, but I'm mad busy at moment)

Thanks.

Got it here I think.
http://www.bitcoinx.com/charts1/chart_large_lin.png

member
Activity: 84
Merit: 10
January 10, 2014, 06:01:05 PM
#2
All I can find without writing some code is the following two charts;

http://www.quandl.com/BCHAIN-Blockchain/HRATE-Bitcoin-Hash-Rate
http://www.quandl.com/BITCOIN-Bitcoin-Charts/MTGOXUSD-Bitcoin-Markets-mtgoxUSD

Overlay them Smiley

G (I know its a lazy approach, but I'm mad busy at moment)

Okay  there are some other Graphs here http://www.bitcoinx.com/charts/
full member
Activity: 182
Merit: 100
January 10, 2014, 05:53:18 PM
#1
Where can I find a historical chart for $ price of btc vs Mh/s

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