Last week, I just talked with my friends about the new normal of mining industry after bitcoin halved

This week, we will continue to talk about the new normal

On the survival of miners in the new normal

Halving is not terrible. What's terrible is that the market after halving is still worse than before

It's just 61 today. Bitcoin's market has picked up, but a few of them are even with that before halving

Bitcoin below 10000 US dollars barely keeps the life and death line of profit and loss for the mainstream big power mining machine

Since the half reduction, the difficulty of bitcoin mining has been reduced to 15.14t

It is expected that the next mining difficulty will be reduced by 13.1%

The data is cold, even worse than the data is the miners

We won't go into details about the news that the miner was taken off the shelves

In a word, almost all of the miners who raided the mines before halving are now dead

Like we did last week

The daily net profit of the ant s19pro miner, which sells for 20000 yuan, is only 35 yuan, and it will take 570 days to return to the current cycle

What miners need to consider is not the issue of profit, but how to continue to live

This is a challenge to the survival limit of miners

All the media in the market are telling you how bleak the mining industry is

But no one told you how the money was lost?

No one tells you what to do if you don't make money!

Dr. R summed up several survival strategies for miners according to the current situation

Reasons for loss 1. Lack of comparative advantage

First of all, understand why everyone is mining, but you are the one who lost money?

Because in addition to the relatively consistent cost of mineral machinery, the cost gap between electricity and operation and maintenance is very large

Big miner can get 0.1X electric charge, but you use 0.3x electric charge, your mining cost is much higher than others

The biggest loss in this round of market is not the big miner or the cloud computing miner, but the small and micro self mining miner

Because the one-off investment of self mining is large, one loss is that there is no room for the whole line to collapse

Coping strategy: choosing cloud computing power to mine is the most cost-effective at present

For the miners who are ready to continue to enter the site or during the abundant water period

It is recommended not to invest in buying mining machines at risk. Cloud computing power and mining machine leasing are more suitable options

According to the current market, the only way to get back the capital and make profits in one year is to buy cloud computing power

Rhy's mining machinery leasing also has the rush purchase activity of high water price at 14.00pm every day

RMB 0.21/degree is actually lower than your self mining trusteeship, and the profit is still considerable in a wet season

With the change of the market, rhy also lowered the cost of mining electricity according to the actual situation,

Spend half of the hard time with the miners to keep them warm!

The second reason for loss is that the high position is connected to the large calculation mining machine, and the non profit is insisted on mining

As we mentioned above, the miners who ambushed bitcoin before halving are basically in a state of deep imprisonment

Because there is a big deviation in miners' judgment of the market situation

The most difficult one is the miners who ordered in the middle of last year and got the mining machines at the beginning of this year

Coping strategies: strategic focus shift, temporary direction shift

Many miners don't make money at the moment, and they have to insist on mining

At this time, we might as well focus on BTC value-added

The built-in balance brick carrying function of rhy wallet is a very low-risk BTC value-added function

Deposit bitcoin in rhy wallet, turn on the automatic brick moving function and wait for the income

The profit part can also be used to subsidize the BTC miner to continue to operate

This is a strategic resource optimization

The third reason is that the mining machinery has been completely retired, but the cost has not been recovered?

In the middle of last year, the miners who bought ant S9K, ant s9se and other mining machines almost have no chance to get back their money

At this time, a lot of miners must be unwilling, which is easy to cause extreme feelings

Either withdraw completely or increase the investment of chips

Coping strategies: get rid of the burden and go to battle lightly

Loss is a fact, but miners are not bound

Knowing the mining industry well is the advantage of miners

Open the list of mining income, all kinds of small mineral coins will brighten your eyes

Zec, CKB, GRD and grin have very high return on Mining

These are opportunities. The miners who are still digging for BTC are invisible

Even if it's too expensive for him to see

And you don't have to worry about catching up

Remember that difficulties are not for you alone

It is the key point to make countermeasures according to our own actual situation

There will always be opportunities in mining industry, and there are great opportunities in the changes