The global Bitcoin mining center is being moved from China due to the rapid collapse of hashrate caused by the withdrawal of large mines, the suspension of a large number of mining institutions, and the collective outing of miners to sea.

However, the data shows that the average hashrate of the entire network in the past 14 days is 102E, which means that after the hashrate plummeted in May and June, the Bitcoin hashrate has steadily recovered, and it has basically stabilized the 100E integer mark. It is predicted that the next Bitcoin mining difficulty will be 14.44 T, an increase of 5.63%%. This is the first significant increase since 4 times of reductions.

It is understood that the migration area of mining machines is mainly concentrated in the two regions of North America and Central Asia, mainly in four countries: Canada, the United States, Kazakhstan and Russia. Selecting these countries/regions is mainly based on the friendliness of the policies of these places to Bitcoin mining behavior, whether the local power load meets the mining demand, and whether the mine resources are of high quality (including the rate of mining machine hosting, hosting Service quality, etc.), whether the climate is suitable for mining, the most important consideration is the price of electricity. After all, in the long-term mining cost, electricity will account for a larger proportion.

RHY mines are also increasing investment in these areas to meet the needs of miners to migrate. At present, the cloud hashrate product launched by RHY mines guarantees the hashrate and keeps the power supply uninterrupted, which can save time and worry for miners in the process of mining.

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