Price to Hash Rate Ratio?
Published:
Chart
| coin name | 05/20 | 05/22 | 05/24 | AVG | price | P/H |
|---|---|---|---|---|---|---|
| BTC | 57.4 | 50.7 | 51.7 | 53.2 | 8025 | 150.8 |
| BCH | 2.5 | 2.1 | 2.3 | 2.3 | 410 | 178.3 |
| LTC | 0.38 | 0.4 | 0.31 | 0.36 | 102 | 283 |
| ETH | 0.17 | 0.16 | 0.16 | 0.165 | 252 | 1527 |
| ETC | 0.0088 | 0.0083 | 0.0082 | 0.0084 | 7.28 | 866 |
Thought
- To begin with, if the P/H ratio is high, there will be more miners joining the network and the security level of the system will be improved;
- There is no neccessary relationship between the P/H ratio and the trend for the price;
- Comparison should be between similar coin families, for example, BTC/BCH/LTC are in the same family while ETH/ETC are in the same family;
- P/H ratio might not be applicable in the PBFT based algorithms.
