The past week has shown a negative fluctuation in Bitcoin price.
The Bitcoin network capacity was last noted at 640 TH/s. Currently the network sits at 665 TH/s
The network has increased by in 104% in one week. This is the first time that the network has not increased by 120+% in a one week period.
The Bitcoin market capitalization is now listed at $1.535 billion dollars. This means the Bitcoin market as a whole has decreased in value by ($65M) in one week.
Does this mean that interest in Bitcoin is wavering? Not necessarily, there is also a lag in the current manufacturing field 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 640 TH/s. Currently the network sits at 665 TH/s
The network has increased by in 104% in one week. This is the first time that the network has not increased by 120+% in a one week period.
The Bitcoin market capitalization is now listed at $1.535 billion dollars. This means the Bitcoin market as a whole has decreased in value by ($65M) in one week.
Does this mean that interest in Bitcoin is wavering? Not necessarily, there is also a lag in the current manufacturing field 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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