Bitcoin mining machine re-starts bidding war

Bitcoin mining has become hotter and hotter since April, and the rising price of the currency has caused the bitcoin mining machines that were previously shut down to start mining. According to authoritative data, in early April, most investments in bitcoin mining machines took 200 to 350 days to recover costs. However, as the currency price began to force in early April, the price of the currency soared from the $4,000 range to above $5,000, which quickly shortened the cost recovery cycle of many bitcoin mining machines. The rise in the price of the currency has also triggered a new round of bitcoin mining machine bidding wars, but it also makes many second-hand mining machines very popular, because for some models of second-hand mining machines, the current currency price can be achieved within 200 days. this.

Some experts said that when the bitcoin mining machine cost recovery period is obviously less than 200 days, it will make more miners feel the opportunity, which further stimulates their purchase demand for second-hand mining machines, resulting in price jumps and will make The payback period has once again expanded to more than 200 days. If the price of mining machines continues to rise, the price changes caused by supply and demand will repeat itself, and it is still difficult for most people to recover costs in the short term.

Bitcoin mining machine dealers said that the recent currency prices continue to rise, making bitcoin mining more and more profitable, and bitcoin mining machines are getting more and more attention and purchase from miners. Some models of ant mining machines, Avalon mining machines, and Shenma mining machines have been completely out of stock. This is the first time in a few months that a mining machine has been sold out of stock, which was unexpected in the past. However, some experts believe that the mining machine dealer's statement may not be true, it should be that the mining machine dealers are waiting for a certain type of bitcoin mining machine to start the competition, they are waiting for the best price.

Since the beginning of this year, mainstream miners such as Bitian, Jianan, and Zhizhi have also launched new bitcoin mining machines with higher computing power and better performance. Although the calculation power of the new mining machine is not tempting for the miners, the cost recovery period of these high-performance mining machines is much larger than that of the second-hand mining machines, and the price of the coins has not fully recovered compared to the big bull market in 2017.

Therefore, from the perspective of cost recovery, the threshold for purchasing new mining machines to dig bitcoin is relatively high. The cost of mining machine, electricity price, time cost, site cost, currency price fluctuation, etc. should all be considered. The cost can be recovered even in 200 to 350 days. But if it is not a large-scale mining, it will not bring much profit, and the time cost is too high. Therefore, miners prefer second-hand mining machines, and second-hand mining machines are cheaper, and their return period will be relatively shorter. For example, the price of the second-hand mining machine Shenma M3 on the RHY mining machine mall is only 231.6457 US dollars, which is much cheaper than the new Shenma mining machine on the market, and their calculation power remains the same.

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