Just talked with friends last week about the new normal of mining after bitcoin halvingThe book is taken back this week, we continue to talk about the new normal topicOn the survival of miners under the new normal

Halving is not terrible, what is scary is that the market after the halving is more than before the halving 凉Today is exactly June 1 and the bitcoin market has picked up, but a few of them are still the same as before the halving.Bitcoin under 10,000 US dollars makes the mainstream big computing power mining machine barely hold the life and death line

After halving the difficulty of bitcoin mining, the difficulty of mining began to decrease, and the difficulty of mining was greatly reduced to 15.14TIt is expected that the difficulty of mining next time will be reduced by 13.1% againThe data is cold, more than the data is the mining minersWe will not repeat the news about the delisting of the mining machineA simple summary: almost half of the miners who attacked the mining before halving are now killed

Just like the example we gave in the article last weekThe daily net profit of Ant S19PRO mining machine priced at 20,000 yuan is only 35 yuan, and it takes 570 days to return to this cycleThe miners have to consider is not a question of profit, but how to continue to liveThis is a challenge for the survival limit of miners

All media in the market are telling you how bleak mining isBut no one tells you how the money is lost?No one tells you what to do if mining does not make money!Dr. R summarized several miner survival strategies suitable for the current situation according to the current situation.

Reasons for loss 1. Lack of comparative advantageThe first thing to understand is why everyone is mining, but you are the one who lost money?Because in addition to the relatively consistent cost of mining machines, the cost gap between electricity and operation and maintenance is very largeBig miners can get 0.1X electricity fee, and you use 0.3X electricity fee, your mining cost is much higher than othersThe biggest loss in this round of market is not big miners, nor cloud computing miners, but small self-mining minersBecause of the large one-time investment in self-mining, a loss is that there is no room for a crash across the board.

Coping strategy: choose cloud computing power mining is the most cost-effectiveFor the miners who are currently going to enter the market or the Bofeng water periodIt is recommended not to risk investing in buying mining machines. Cloud computing power and mining machine leasing are more suitable options.According to the current market, the only thing that can pay back within a year and make a profit is to buy cloud computing power.RHY's mining machine rental is at 14.00 pm every day and there is a snap-up activity of Fengshui electricity0.21 yuan/degree is actually lower than your self-mining custody, and the profit is still very considerable when running in a flood periodRHY official also adjusts the mining electricity cost of miners according to the actual situation as the market changes,The difficult moment of halving with the miners makes the miners warm!

Reasons for loss 2. Mining machines with high computing power at high positions, no profit, insist on miningAs we mentioned above, the miners who ambushed Bitcoin before the halving were basically in a deep trapped state.Because the miners' judgment on the market situation has a significant deviationThe most difficult thing is the batch of miners who ordered the mining machine at the beginning of this year and ordered it in the middle of last year

Coping strategies: shifting the focus of strategy, temporarily changing directionMany miners must insist on mining without making moneyAt this time, you may wish to focus on the appreciation of BTC in your hands.The built-in balance-moving function of RHY wallet is a very low-risk BTC value-added functionDeposit Bitcoin into RHY Wallet and turn on the automatic brick moving function to wait for the incomeThe profitable part can also be used to subsidize the BTC mining machine to continue to bootThis is a strategic optimization of resources

Reason for loss 3. The mining machine has been completely decommissioned, but what if the cost has not been recovered?Miners of ant s9K, ant s9SE and other mining machines bought in the middle of last year are almost impossible to pay backAt this time, many miners must be unwilling, and they are prone to extreme feelings.Either withdraw completely or increase investment in chips

Coping strategies: Throw away the burden and go lightLoss is already an established fact, but miners are not boundFamiliar with the mining industry is the advantage of minersOpen the mining revenue ranking, all kinds of small coins will make you shineZEC, CKB, GRD, GRIN mining returns are very highThese are opportunities, miners who are still mining BTC are invisibleEven if you can see the opportunity cost is too high for himAnd you have no worries just to catch up with the opportunity

Remember that difficulties are not just for youIt is the focus to formulate countermeasures according to your actual situationThe mining industry always has opportunities, and there are great opportunities in the changing situation