Two months after Beijing banned cryptocurrency mining activities, the data released by the Cambridge alternative Finance Research Center on Wednesday showed that China's share of global hash fell from 44% to zero between May and July this year.

The US share of global hash rose from 17% in April to 35% in August. At the same time, Kazakhstan's share rose 10 percentage points to 18%.

However, recently, due to the shortage of power in Kazakhstan and the lack of power in winter, a large number of mines have been affected by power restriction. In combination with power consumption data and IP address, some institutions in the South have decided to move from Kazakhstan to the United States.

Kazakhstan's state grid operators have begun to limit power rationing to crypto miners. Energy minister magzum mirzagaliyev proposed to limit the power supply of each mine to 1 MW and the power supply of the whole industry to 100 MW. This proposal has been criticized by miners. The blockchain and Data Center Industry Association believes that the government should crack down on illegal mining rather than restricting tax paying companies.

The latest research released by Cambridge University shows that the United States has replaced China for the first time as the world's first resort for bitcoin mining. It is understood that Texas and Washington state are the new settlements generally selected by miners. There are extremely cheap energy prices and relatively loose and friendly external policies.

At present, rhy mine is still hot in the global joint construction project. The equity subscription of the mine located in Texas is being opened. According to the plan, the power supply scale of the mine will reach 60m, the number of machine slots will reach 20000, the cost price is about US $0.045/kwh, and the construction period is about 105 days.

It is understood that miners can participate in the mine construction by means of equity subscription. The constructed stand can be used by the stand owner first according to the share proportion, or jointly rented and entrusted. The trust electricity profit of the stand owner's own use stand is fully owned by the stand owner (after deducting management expenses).

In addition, the joint construction project of rhy's American mines is open to equity subscription, and the American mines will be incorporated into American listed companies. In other words, miners can not only enjoy the dividend income of the mine, but also obtain the stock income after the merger and acquisition of the mine by participating in the investment and construction of the mine through equity subscription. Miners interested in participating can download rhy app and communicate with customer service.

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