The price of Bitcoin mining machine has risen. The shortage of mining machines indicates that the era of computing power is king.

If you want to buy a bitcoin mining machine recently, chances are that you will not find a place to buy, and it is getting harder and harder to buy. Because in the market, many mining machine manufacturers have been out of stock in large areas, there is no mining machine at hand, and if you want to take a step back to buy second-hand mining machines, it has also been speculated on the "high price." Therefore, before these used miners are officially eliminated by the market, their purchase costs will be very high. According to industry experts, as the price of coins continues to rise and the miners are further out of stock, the price of bitcoin mining machines is expected to continue to rise, and the computing power is getting tighter.

Bitcoin mining heat continues to climb

With the increase in the operating rate of the Bitcoin mining machine, it is currently experiencing a rare rapid increase in the history of bitcoin. It even reached a record high of 65EH/s. It is predicted that by the end of this year, the value of the entire network will be as high as 100 EH/s.

Domestic Bitcoin mining machines account for about 60% of the world's total, but for some people, this number may be a little more than reported. China has abundant hydropower energy reserves, so they can firmly occupy most of the mining power. However, domestic miners still rely on powerful mining machines. Recently, miners have discovered that these miners depend on the invisible hand and other uncontrollable factors in the market.

The supply of mining machines is in short supply, it will not affect the supply of Bitcoin, or even slow down the bitcoin blockchain operation speed, but we will soon see the impact of the mining machine out of stock on the market, because "the mining machine is in short supply. The impact means that new entrants entering the market will not be able to participate."

Second-hand mining machines are at least better than no mining machines. As the scarcity increases and the price of coins rises, the problems of Bitcoin mining machines seem to have reached their peak. The current competition for miners to compete for block rewards is far more intense than at any time in history. The only solution to this problem is to develop a more powerful and less energy-efficient mining machine to the market, thus solving the problem of insufficient supply of a second-hand mining machine.

Mining competition is getting more and more intense

Mining competition is becoming more and more fierce, and most of the computing power is concentrated in large mine organizations, which is a great pressure for new entrants. The purchase of mining machine costs, electricity costs, and time costs are all limiting the enthusiasm of individuals to participate. However, individuals still have many choices, such as cloud computing mining and mining machine leasing, through the cloud computing platform, the purchase of cloud computing power or mining machine leasing, will save the miners a series of mining steps, save trouble, In addition, the current mining machines that are out of stock on the market, many of the cloud computing power mining platforms are in stock, such as RHY mine, RHY with the overseas mines in the Middle East, has arranged a large cloud computing center, purchase The direct channel of the direct access to the mining machinery factory has ample computing power, which also attracts many new and old miners to purchase. In this regard, many small cloud computing platforms have also been squeezed into the market by the head platform such as RHY. After all, now is the era when power is king.

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