Topic: price BTC and degree of mining difficulty? (Read 78 times)
no bitcoin price has nothing to do with mining difficulty. there is a reverse relationship between the two but it only works one way. this means when price rises more miners start mining so hashrate rises and to balance it out the difficulty also increases. and the reverse happens when price drops. but this relationship doesn't work in other direction.
does the BTC price depend on the degree of mining difficulty? It seems that it should, but is it true in reality?
in the current time of earning a drop, will the price really increase when the difficulty of extraction increases?
When does she grow? please feedback.
in the current time of earning a drop, will the price really increase when the difficulty of extraction increases?
When does she grow? please feedback.
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