The divergence between BTC earning and USD Bitcoin price has widened significantly during June.

in bitcoin •  8 years ago  (edited)

This trend is an extension of the direction of the altcoin/Bitcoin marketplace since September 2015 where altcoin earnings decline as the price of Bitcoin rises. The Bitcoin value expressed in USD has recovered to its January 2016 level whereas Bitcoin earnings are only slightly above the rate of April 2015.

#bitcoinmarkets #btc #mining

bitcoin bitcoinmarkets btc mining
8 years ago by

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      ·  8 years ago 

    Could you explain what this chart is? I can't figure out by reading. What's the blue line and what's the red one? The diverge seems interesting, but what is diverging from what? Where do the earnings come from?

    Thanks!

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        ·  8 years ago 

      Its just showing that as the bitcoin payout is becoming less and less for miners, the payout is increasing at a more-than-profitable rate. @markopaasila

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