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Bitcoin Revived

5/25/2014

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In the past 10 days, Bitcoin has stopped becoming boring!!

It appears that Bitcoin has experienced a resurgence of attention and interest in the last 10 days. To be clear, there is no consensus regarding the actual reason for this bull market.

Bitcoin Network Capacity
The Bitcoin network capacity is 82.12PH/s this week and was 67.7PH/s. The past three weeks have hardly made any increase in mining hardware. However, in the past 10 days, 121% hardware investment into the digital currency.


Bitcoin Market Capitalization
The Bitcoin market capitalization has caught back up well. Currently, at $7.3B, and was at $6.4B for the past few weeks. 

What does all this mean...It means Bitcoin had reached stable, predictable stage and has experienced outside investment as a result.

Let the rocket ride to the moon!!

BTC-E - 10 day pricing

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virtex CAnada - 10 day pricing

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