BTC
$22902.45

+0.04%

BTC
URL bitcoin.org
$ 22902.45
Market Value $ 4,806.53 million
Change +0.04%
power 286.31 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.

+114.80%
DCR
$22.9421

0.00%

DCR
URL decred.org
$ 22.9421
Market Value $ 4.83 million
Change 0.00%
power 76.67 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.

-88.83%
LTC
$96.98

0.00%

LTC
URL litecoin.com
$ 96.98
Market Value $ 81.30 million
Change 0.00%
power 720.42 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.

+37.53%
BCH
$133.53

0.00%

BCH
URL bitcoincash.org
$ 133.53
Market Value $ 28.02 million
Change 0.00%
power 1.58 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.

-81.03%
ZEC
$43.89

+0.09%

ZEC
URL z.cash
$ 43.89
Market Value $ 9.20 million
Change +0.09%
power 8.81 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.

+46.35%
DASH
$62.42

+0.03%

DASH
URL dash.org
$ 62.42
Market Value $ 11.80 million
Change +0.03%
power 2.13 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.

-62.63%
ETC
$22.4427

+0.05%

ETC
$ 22.4427
Market Value $ 47.22 million
Change +0.05%
power 133.56 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.

-26.24%

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Your Location: Home > News > Details

Bitcoin's difficulty plummeted, but miners' income rose by 50%

2021-07-09 18:18

The data shows that after the network has experienced the greatest difficulty reduction in history, the income of Bitcoin miners has soared.

As the impact of China's mining ban has gradually unfolded, hashes have continued to disappear from the network, and the overall hash rate has dropped by 38% to 49%. Generally speaking, the network difficulty drops on a large scale, usually when the income of miners is squeezed or profitability is hit, which usually means that a bear market is coming. However, the reason for the decrease in network difficulty this time is that the miners were forced to shut down due to policy, which has little to do with market conditions.

For those Bitcoin miners who mine in overseas markets, it means that their competitors have disappeared in half overnight. The result is no doubt: the miners who continue to maintain mining operations have seen a significant increase in profitability. After the latest difficulty adjustments, miners still in operation, their operation and maintenance expenditures remain unchanged, but their profit margins have risen by nearly 2 times, which is close to the profit margin level in April this year.

For miners who still have the opportunity to be active in the network, mining is currently a high-yield period. Compared with the end of last year, the current currency price is still at a high level. On the other hand, the number of miners in the network has been reduced by nearly half. , The block reward has risen sharply. In addition, since some of the miners who are currently forced to go offline are selling mining machines, the current price of mining machines is far lower than the normal market price. For miners who want to dig bitcoin, this is a good time to enter the market. The input cost has dropped greatly, and the benefit has increased.

If you want to mine Bitcoin, please contact RHY platform. We have a variety of packages of mining machine rental and cloud computing power mining products. Whether you want a short-term share or long-term investment, we can provide Products that meet your needs.

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