The past week has shown an oscillating pattern in Bitcoin price between $135-$142.
The Bitcoin network capacity was last noted at 665TH/s.
Remarkably the Bitcoin network has hit a milestone of 1137TH/s. Therefore the Bitcoin network is now 170% over the span of two weeks.
The Bitcoin market capitalization is now listed at $1.535B dollars. This means the Bitcoin market as a whole has increased in value by $114M in two weeks.
Does this mean that interest in Bitcoin is wavering?
It would appear not. There appears to be significant investment into the Bitcoin mining side of the digital currency and there is also a lag in the current manufacturing of Bitcoin mining ASIC devices. See our summary here. The next generation of these devices is scheduled to ship in Oct and Dec 2013.
The Bitcoin network capacity was last noted at 665TH/s.
Remarkably the Bitcoin network has hit a milestone of 1137TH/s. Therefore the Bitcoin network is now 170% over the span of two weeks.
The Bitcoin market capitalization is now listed at $1.535B dollars. This means the Bitcoin market as a whole has increased in value by $114M in two weeks.
Does this mean that interest in Bitcoin is wavering?
It would appear not. There appears to be significant investment into the Bitcoin mining side of the digital currency and there is also a lag in the current manufacturing of Bitcoin mining ASIC devices. See our summary here. The next generation of these devices is scheduled to ship in Oct and Dec 2013.
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