BTC
$30646.47

+0.13%

BTC
URL bitcoin.org
$ 30646.47
Last Price $ 5,842.68 million
Change +0.13%
power 223.28 EH/s
Daily output 0.00000402 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.

+67.51%
ETH
$2105.07

+0.32%

ETH
URL ethereum.org
$ 2105.07
Last Price $ 2,541.24 million
Change +0.32%
power 1.03 PH/s
Daily output 0.00001203 ETH / 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.

-99.43%
DCR
$38.6108

0.00%

DCR
URL decred.org
$ 38.6108
Last Price $ 5.43 million
Change 0.00%
power 129.12 PH/s
Daily output 0.00000241 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.

-81.20%
LTC
$74.21

+0.15%

LTC
URL litecoin.com
$ 74.21
Last Price $ 52.13 million
Change +0.15%
power 456.29 TH/s
Daily output 0.00001555 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.

-12.89%
BCH
$208.28

+0.12%

BCH
URL bitcoincash.org
$ 208.28
Last Price $ 39.75 million
Change +0.12%
power 1.49 EH/s
Daily output 0.00060692 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.

-82.11%
ZEC
$115.53

0.00%

ZEC
URL z.cash
$ 115.53
Last Price $ 16.58 million
Change 0.00%
power 11.27 GH/s
Daily output 0.00025841 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.

+87.21%
DASH
$61.16

0.00%

DASH
URL dash.org
$ 61.16
Last Price $ 6.59 million
Change 0.00%
power 3.60 PH/s
Daily output 0.00018070 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.

-36.84%
FIL
$8.6742

+0.02%

FIL
URL filecoin.io
$ 8.6742
Last Price $ 25.70 million
Change +0.02%
power 16.76EiB
Daily output 0.01699115 FIL / TiB
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.

0.00%
XCH
$39.3185

+1.88%

XCH
URL chia.net
$ 39.3185
Last Price $ 1.37 million
Change +1.88%
power 14884.94042968 PB
Daily output 0.00028775 XCH / TB
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.

+134.74%

RHY.com all

Your Location: Home > News > Details

Bitcoin computing power has returned to its peak, and miners need cheaper power resources

2021-12-17 10:04

According to the data from BTC.com, recently the computing power peak is 183 EH/s, and has returned to the peak this May. Due to China’s policy against Bitcoin mining, the computing power reduced by 50% after this May. Currently the computing power mainly moved to the United States, American mining pool Foundry, now has the second overall mining power level, second only to the Ant mining pool.

However, for miners, the rapid recovery of computing power is not always a good thing, because of the sharp rebound, miners’ earnings dropped again. Even though the profit is still looking good, the profit margin is reducing. There is a significant cost pressure for miners who have insufficient resources.

For longtime miners, the main factors influencing the mining is not the price of the machine, but the cost of electricity and infrastructure. If the mining competition keeps getting severe, miners without access to affordable resources will lose their competitiveness. Currently RHY has mines over the US, Canada, etc. We are able to provide affordable resources support for miners.

What calls for special attention is that, due to the increasingly fierce competition in the mining industry, the living space for small miners has become even smaller, although the cloud computing power is still profitable, the profitability is far less than the big miners. For all miners, they can either have their own mines,  control the production data, or they can only gain meager profits, until forced out due to the low profit.

The trend for Bitcoin mining industrialization is very evident. Currently RHY has also launched a Joint Mine project, miners can participate in constructing mines by claiming equity, to build their own mines. If you want to be mine owners, you are welcome to consult our customer service.



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