Oddbean new post about | logout
▲ ▼
evanbaer | 1 years ago (raw) | root | parent | reply | flag 
 Mining scales up as bitcoin price goes up

Difficulty adjustment occurs to keep a 10 minute block speed average

Simple balance
▲ ▼
StringBeenZ | 1 years ago (raw) | root | parent | reply | flag 
 Yes,

So what are the individual price variables for bitcoin?
- energy cost
- equipment cost
- bitcoin principal

What other things drive the cost of Bitcoin?