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by nneonneo 2959 days ago
On May 15, 2017, global hashrate was 3.6 TH/s. Six months later, on November 15, 2017, global hashrate was 10.3 TH/s (source: blockchain.info). On May 14, 2018, another six months later, global hashrate was 30.1 TH/s, an increase of just under 3x in each 6-month interval. While past performance cannot definitively determine future performance, it’s a pretty strong trend.
1 comments

All of those numbers are the mining following price with a certain amount of latency.

A prediction in mining going up is a prediction of the price going up.