BTC
$22843.69

-0.10%

BTC
URL bitcoin.org
$ 22843.69
Market Value $ 4,804.14 million
Change -0.10%
power 288.41 EH/s
Daily output 0.00000320 BTC / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+116.38%
DCR
$22.9461

0.00%

DCR
URL decred.org
$ 22.9461
Market Value $ 4.82 million
Change 0.00%
power 77.72 PH/s
Daily output 0.00000390 DCR / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-88.68%
LTC
$96.78

+0.04%

LTC
URL litecoin.com
$ 96.78
Market Value $ 81.26 million
Change +0.04%
power 741.37 TH/s
Daily output 0.00001044 LTC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+41.53%
BCH
$133.15

-0.08%

BCH
URL bitcoincash.org
$ 133.15
Market Value $ 27.98 million
Change -0.08%
power 1.59 EH/s
Daily output 0.00055725 BCH / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-80.91%
ZEC
$43.79

-0.07%

ZEC
URL z.cash
$ 43.79
Market Value $ 9.21 million
Change -0.07%
power 8.97 GH/s
Daily output 0.00027006 ZEC / K
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+49.00%
DASH
$62.39

-0.03%

DASH
URL dash.org
$ 62.39
Market Value $ 11.80 million
Change -0.03%
power 2.18 PH/s
Daily output 0.00024498 DASH / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-61.75%
ETC
$22.3602

0.00%

ETC
$ 22.3602
Market Value $ 47.13 million
Change 0.00%
power 132.45 TH/s
Daily output 0.00012355 ETC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-26.86%

RHY.com all

Your Location: Home > News > Details

Development and Reform Commission of Changji Hui Autonomous of Xinjiang requires mining companies to suspend operations for rectification.

2021-06-09 17:14

Following the Inner Mongolia Development and Reform Commission's request for comprehensive clearance and shutdown of virtual currency mining projects, on June 9th, Xinjiang Changji Prefecture Development and Reform Commission issued the "Notice on the immediate suspension of production and rectification of virtual currency mining enterprises." The notice stated that companies engaged in virtual “mining” must suspend production for rectification before 14:00 on June 9th, and report the suspension of production to the Changji Prefecture Development and Reform Commission.

It is understood that Zhundong, the gathering place for mining, is located in the Changji Hui Autonomous Prefecture, and the Zhundong coal field is an important part of the fourteenth large-scale coal base identified by China. According to industry analysts, if business is completely closed, the HashRate of the entire network may drop significantly. This move will inevitably have an impact on the mines deployed in Changji Prefecture, Xinjiang, but it is obviously positive for the current online miners.

Some people in the industry also said that judging from the current policy orientation, it is not good news. Because the worst news in Xinjiang is that, like Inner Mongolia, it has completely cleaned up and shut down virtual currency mining projects. Xinjiang’s statement appears to be relatively more relaxed, only rectifying rather than shutting down. However, we are still not sure whether it will be shut down after rectification.

Some industry insiders are still optimistic about the development of mining industry in Xinjiang. They believe that the main reason for the rectification of Changji Prefecture in Xinjiang is that the Zhundong area mainly uses coal power and is not environmentally friendly; but in southern Xinjiang, wind power and solar energy are almost used for mining. We are still optimistic about the Xinjiang market.

At this time when the mining industry is precarious, the mentality of the miners of RHY is relatively good. As the world's leading blockchain data center service provider, the RHY platform has invested and constructed 27 blockchain data centers in Eastern Europe, the United States, Canada, and China. The power supply scale exceeds 600MW, and the hosting scale exceeds 356,000 units, which can fully satisfy users. And RHY can adjust the mining machine and HashRate services of miners in time according to the current development of the mining industry.

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