Just a sign that we're moving from the "print your own money!" phase to "actual economy" phase of bitcoin.
But do expect a huge jump in hashrate when/if ASIC come out.
Topic: why does the hashrate sometimes drop so drastically? (Read 900 times)
also i bet alot of miners are liquidating their gpu's in prep for asic's
GPU mining has become unprofitable for anyone that has to pay normal electricity rate. So a lot of casual miners probably stopped mining. Once the price reach $20 or so, they will start again.
kind of amazed at how low it is right now, looking at bitcoincharts.
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