Two weeks ago, the Bitcoin network experienced the biggest difficulty drop in its history. However, with the document issued by the State Grid of China to combat cryptocurrency mining, it is expected that the difficulty will drop again this weekend. However, this time the difficulty of mining has been reduced. The range is not as big as the previous few times.

From the historical perspective, the inversion of the Bitcoin difficulty zone will drive the market bullish, but the current situation may be different. This is because domestic miners are transferring mining machines and may need to sell their accumulated BTC inventory to pay for huge logistics costs. Putting selling pressure on the market. However, it should be noted that Chinese miners do not represent all of them. Approximately 50% of miners' operations in markets other than China have not been affected, and their income may increase to some extent.

The latest data shows that the total daily income of Bitcoin miners is about US$25 to US$30 million. However, as the number of miners who continue to mine online has decreased significantly, and the daily output of BTC has not changed, the number of competitors sharing the loot Less. According to the analysis results, the profitability of Bitcoin miners who continue to operate has increased by nearly 2 times, which is equivalent to the peak Bitcoin price in April.

For now, BTC mining still has a lot of profitability during this halving cycle. If you want to mine BTC, currently RHY has launched short-term products of 120 days and 180 days, which can help miners maintain a high-yield period at low cost. Welcome to contact customer service.

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