How Mining Difficulty Affects Bitcoin Price by datalight

View this thread on: hive.blog | peakd.com | ecency.com

bitcoin · @datalight · May 16 '19

$32.43

How Mining Difficulty Affects Bitcoin Price

![13_05_bitcoin-01 (2).png](https://cdn.steemitimages.com/DQmchaC5FY5JGFeG8LWhMGLEoiCWP7hCXtTSzB9t3MkzQPs/13_05_bitcoin-01%20(2).png)

Three recent Bitcoin Difficulty increases have become harbingers of a sharp rise in Bitcoin prices in 2019. Does it seem more like a pattern or a coincidence to you?

[Read the Full Study](https://datalight.me/blog/researches/infographics/how-mining-difficulty-affects-bitcoin-price/)

[Join us](https://datalight.me/) and make accurate Precise Trading on our platform!

### **See the previous Researches**
[Top 5 Coins with Negative Correlation to BTC](https://steemit.com/cryptocurrency/@datalight/top-5-coins-with-negative-correlation-to-btc)
[Record-Breaking BTC and USDT trading Volumes](https://steemit.com/bitcoin/@datalight/record-breaking-btc-and-usdt-trading-volumes)
[Amount of Trades and Exchanges' Hype](https://steemit.com/cryptoexchange/@datalight/amount-of-trades-and-exchanges-hype)
[ROI since Exchange Listing](https://steemit.com/cryptocurrency/@datalight/roi-since-exchange-listing)
[1 Year Crypto Asset Correlation Map](https://steemit.com/cryptocurrency/@datalight/1-year-crypto-asset-correlation-map)
[Bitcoin vs Altcoins](https://steemit.com/bitcoin/@datalight/bitcoin-vs-altcoins)


### **DataLight Tutorials**
[What is Hype Index on DataLight](https://datalight.me/blog/tutorials/hype-index/)
[Explaining DataLight indices](https://datalight.me/blog/tutorials/explaining-datalight-indices/)
[What is Buy Market on DataLight](https://datalight.me/blog/tutorials/buy-market/)

### **DataLight News**
[DataLight is now open the ultimate crypto analytics tool is live and its absolutely free](https://datalight.me/blog/news/datalight-lab-is-now-open-the-ultimate-crypto-analytics-tool-is-live-and-its-absolutely-free/)
[All bitcoin blockchain data now available](https://datalight.me/blog/news/all-bitcoin-blockchain-data-now-available/)

### **Follow us:**
Website: https://datalight.me
Twitter: https://twitter.com/datalightme
Telegram channel: https://t.me/datalightme
DataLight Blog: https://datalight.me/blog/
Medium Blog: https://medium.com/@datalightme
Steemit Blog: https://steemit.com/@datalight
LinkedIn: https://www.linkedin.com/company/datalightcandles
Facebook: https://www.facebook.com/datalightme/

👍 tipu, miti, tipu.curator, coinmarketcal, mys, imperfect-one, msmp, cardboard, jesus.christ, beleg, cfminer, rafalski, livingfreedom, steem-jackpot, cpl-17, steemexpress, xmauron3, adyorka, smartcash, pierlave, koltci, alexxxdada, doublecheck, whenever, unconscious, safetony, elviento, sbdraffle, kmart, uow, unsw, unimelb, arleneferns, hankreirden, sknderazam, irfan86, raviraghuvansh, openledgerio, amontecal1, gameo, ipkiss, steem-hikers, yflawp, archetypal, k0nevamary, tuck-fheman

properties (23)

`author`	datalight
`permlink`	how-mining-difficulty-affects-bitcoin-price
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin","cryptocurrency","ethereum","blockchain","mining"],"image":["https://cdn.steemitimages.com/DQmchaC5FY5JGFeG8LWhMGLEoiCWP7hCXtTSzB9t3MkzQPs/13_05_bitcoin-01%20(2).png"],"links":["https://datalight.me/blog/researches/infographics/how-mining-difficulty-affects-bitcoin-price/","https://datalight.me/","https://steemit.com/cryptocurrency/@datalight/top-5-coins-with-negative-correlation-to-btc","https://steemit.com/bitcoin/@datalight/record-breaking-btc-and-usdt-trading-volumes","https://steemit.com/cryptoexchange/@datalight/amount-of-trades-and-exchanges-hype","https://steemit.com/cryptocurrency/@datalight/roi-since-exchange-listing","https://steemit.com/cryptocurrency/@datalight/1-year-crypto-asset-correlation-map","https://steemit.com/bitcoin/@datalight/bitcoin-vs-altcoins","https://datalight.me/blog/tutorials/hype-index/","https://datalight.me/blog/tutorials/explaining-datalight-indices/","https://datalight.me/blog/tutorials/buy-market/","https://datalight.me/blog/news/datalight-lab-is-now-open-the-ultimate-crypto-analytics-tool-is-live-and-its-absolutely-free/","https://datalight.me/blog/news/all-bitcoin-blockchain-data-now-available/","https://datalight.me","https://twitter.com/datalightme","https://t.me/datalightme","https://datalight.me/blog/","https://medium.com/@datalightme","https://steemit.com/@datalight","https://www.linkedin.com/company/datalightcandles","https://www.facebook.com/datalightme/"],"app":"steemit/0.1","format":"markdown"}
`created`	2019-05-16 08:49:15
`last_update`	2019-05-16 08:49:15
`depth`	0
`children`	3
`last_payout`	2019-05-23 08:49:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	24.547 HBD
`curator_payout_value`	7.885 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	2,269
`author_reputation`	33,964,179,086,394
`root_title`	"How Mining Difficulty Affects Bitcoin Price"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	84,952,201
`net_rshares`	59,183,362,131,011
`author_curate_reward`	""

vote details (46)

voter	rshares	pct
tuck-fheman	0	100%
cardboard	5,705,098,521	100%
elviento	499,640,652	0.46%
imperfect-one	11,005,699,865	10.46%
mys	14,264,705,736	10.46%
koltci	783,137,423	100%
rafalski	3,420,688,815	10.46%
ipkiss	158,676,065	47%
jesus.christ	4,980,578,996	75%
smartcash	1,435,963,996	51%
kmart	385,108,348	73%
uow	355,170,951	68%
unsw	337,097,780	65%
openledgerio	241,917,062	49%
tipu	58,991,795,534,431	83.99%
unimelb	326,522,673	63%
sbdraffle	385,998,731	73%
pierlave	1,254,270,736	100%
miti	67,082,792,508	13%
raviraghuvansh	249,525,156	50%
safetony	512,736,168	100%
cfminer	3,647,795,440	100%
steem-hikers	136,854,776	10.46%
beleg	3,862,098,901	10.46%
archetypal	125,002,085	10.46%
amontecal1	209,166,899	50%
coinmarketcal	15,307,759,877	100%
alexxxdada	584,470,696	50%
xmauron3	1,964,420,550	100%
adyorka	1,524,665,726	41.99%
sknderazam	249,692,736	50%
gameo	175,117,530	100%
irfan86	249,525,156	50%
steem-jackpot	2,538,737,702	21.3%
steemexpress	2,119,451,572	3.7%
msmp	10,330,679,592	100%
tipu.curator	27,438,347,081	50%
hankreirden	264,020,002	10.46%
cpl-17	2,170,901,539	13.61%
k0nevamary	0	100%
livingfreedom	3,287,143,412	100%
doublecheck	518,882,056	100%
whenever	518,807,997	100%
unconscious	518,525,615	100%
arleneferns	306,156,716	41.99%
yflawp	133,042,742	100%

@miti · May 17 '19

Congratulations! I just stopped by to say that your post has been selected as a ***daily Featured Post*** of my personal curation project! You can find the daily Featured Post [HERE](https://steemit.com/curation/@miti/mydailymanualcurationfeaturedposts2019-05-16-811lm1mnrz).
I upvoted your contribution and I put it on the list because to my mind your post is what I call a *quality content!*
I am @miti, a **manual curator** that shall make available all his Steem Power to authors deserving of support. Let's make STEEM great again!
Have a nice day and keep up the good work!

properties (22)

`author`	miti
`permlink`	re-datalight-how-mining-difficulty-affects-bitcoin-price-20190517t124213067z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"users":["miti"],"links":["https://steemit.com/curation/@miti/mydailymanualcurationfeaturedposts2019-05-16-811lm1mnrz"],"app":"steemit/0.1"}
`created`	2019-05-17 12:42:12
`last_update`	2019-05-17 12:42:12
`depth`	1
`children`	0
`last_payout`	2019-05-24 12:42:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	578
`author_reputation`	435,902,954,694,677
`root_title`	"How Mining Difficulty Affects Bitcoin Price"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	85,024,260
`net_rshares`	0

@steemitboard · Dec 27 '19

Congratulations @datalight! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@datalight/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@datalight) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=datalight)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!

properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-datalight-20191227t130439000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notify.png"]}
`created`	2019-12-27 13:04:39
`last_update`	2019-12-27 13:04:39
`depth`	1
`children`	0
`last_payout`	2020-01-03 13:04:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	623
`author_reputation`	38,975,615,169,260
`root_title`	"How Mining Difficulty Affects Bitcoin Price"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	93,774,703
`net_rshares`	0

@tipu · May 16 '19

This post is supported by @tipU upvote :)<br><strong><a href="https://steemit.com/@tipu/tipu-voting-service-quick-guide-updated-05-10-2018" target="_blank">@tipU voting service</a></strong>: instant upvotes + <strong><a href="https://steemit.com/steemit/@tipu/tipu-new-feature-profit-sharing-tokens-for-voting-service-users" target="_blank">profit sharing tokens</a></strong> | <strong><a href="https://tipu.online" target="_blank">For investors</a></strong>.

properties (22)