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Re:Bitcoin Hash Rate Rapidly Growing Despite Price by HashBasher on Friday July 13, 2018 @03:19PM (#17525866)
Bitcoin hashrate is a lagging indicator. It takes months to get the equipment and set it up. This is probably a result of the Dec boom.
Re:Bitcoin Hash Rate Rapidly Growing Despite Price by CydeWeys on Friday July 13, 2018 @03:26PM (#17525924)
Also, mining equipment is continually getting better. Large scale parallel ASICs like these are still a relatively recent field, with lots of remaining room for improvement. It's far less stagnant than current x86 processor speed. Mining is very much a red queen's race.