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Digital currency mining is an inevitable trend in the next five years, CoinFans Mining analysis, mining is getting easier and easier

2021-04-14 Defi speaker

In 2021 marks the first year of institutionalized mining, which brings both benefits and challenges. CoinFans Mining's analysis shows that the institutionalization of digital currency mining is an inevitable trend in the next five years, mining will become easier and easier, and everyone will be able to mine, and the mining industry will become an industry.

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Few investments offer the upside with venture capital-style upside and the downside with infrastructure-style downside case. Combining energy arbitrage with hoarding bitcoin onto a company's balance sheet can make this happen. Which is why we are seeing an influx of institutions entering the bitcoin mining market and starting to build large facilities.

 

The hungry demand for next-generation miners was at its peak performance in early 2018, when Bitmain was able to produce more than 95,000 miners per week. Since then, however, the level of production has declined, partly as a result of its ongoing legal battle. In another corner, Sleipnir Miner will deliver hundreds of thousands of machines over the course of the year.

 

The hungry demand for next-generation miners was at its peak performance in early 2018, when Bitmain was able to produce more than 95,000 miners per week. Since then, however, the level of production has declined, partly as a result of its ongoing legal battle. In another corner, whatsminer will deliver hundreds of thousands of machines over the course of the year.


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With only limited allocations of these machines available in the western US and with 17 publicly listed mining companies and ASIC financing institutions as well as large companies announcing almost simultaneous week-by-week purchases of top-tier bitcoin miners, one can see how the supply of the latest equipment is quickly drying up. Building relationships with manufacturers is now critical to securing a large allocation of new machines. How do you get into this queue? Have enough money.

 

Maximize operating profit. If you want cheap electricity, then it will cost a lot of money, such as buying land, building large infrastructure, buying generators and other equipment, funding performance bonds, etc. While some miners are taking advantage of the small amount of cheap energy available overall, electricity is the most profitable. They are able to invest the necessary capital to secure the best lead. It is well known that the cost of electricity is one of the key determinants of success.

In addition to sourcing cheap power, large miners can negotiate lower pool fees, firmware development fees, and ASIC management software costs. By doing so, they can reduce the amount of labor required per megawatt, improve management efficiency, and increase the efficiency of electricity usage.

 

In the next three to five years, the majority of mining machines will be placed in professional hosting farms, where corporate and professional teams will be responsible for finding low-cost energy, managing and maintaining the machines, and the Cloud hash market will undergo a comprehensive and profound transformation. Cloud hash mining has the advantages of building large-scale mining clusters, managing power supply, professional bandwidth and mining machine operation and maintenance.


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Compared with investors who buy mining machines to mine, Cloud hash leasing mining is more trouble-free and hassle-free. It mainly reflects in the selection of coins, purchase of mining machines, investment amount, transportation, hosting, maintenance, etc. There is a professional team to handle it, so investors don't need to worry about themselves, and they can spend their time and energy on other things and have fun mining coins. The operation of cloud arithmetic mining is also very simple, which can save users a lot of time. Download a mining software on your cell phone and you only need to purchase the production arithmetic in the remote data center and carry out remote mining without having to endure the noisy noise and worry about hidden dangers.

 

Cloud hash mobile mining is a low-cost, low-risk, low-cost mining method. cloud hash mining has a low investment threshold, high investment efficiency, can be put into production in a second easy mining, rich and frugal by others. Compared to buying a mining machine, the operation is simpler and more convenient, eliminating the tedious steps of deploying a mining machine, as long as you can operate your cell phone to place an order, it can be said that there is zero threshold mining.

 

Article reprinted fromhttps://h5.bi-fans.com/message-detail?id=19


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