Bitcoin's overall network computing power is stagnant, and the fight is the spot cloud computing power.

In the past two weeks, the total amount of computing power and the difficulty of computing power of Bitcoin have ended. The arrogant momentum is currently in a state of stagnation. In the second week of July, the total network computing power of Bitcoin remained at around 67EH. In the third week of July, the data was only 68.22EH. In the past two weeks, the total network computing power of Bitcoin was almost flat, and the growth of bitcoin cloud computing power was stagnant. This is rare since the launch of the market in April this year.

One: the growth of computing power is stagnant, and the wrestling between miners is coming to an end.

If the volatility of the whole network is easily affected by the lucky value and the shift of the miner's calculation power, another more convincing data is the difficulty of mining every two weeks. The change in the difficulty of mining is positively related to the actual calculation of Bitcoin, which can more accurately reflect the trend of the calculation of the entire network of Bitcoin in the half-month cycle.

Today (7.24) is just another cycle of bitcoin mining difficulty adjustment. After adjusting, the bitcoin mining difficulty is 9.13TH and the pre-adjustment difficulty 9.06 TH has no obvious growth. There is a close to 10% increase between the upper and lower rounds and the difficulty adjustment of the upper round, and the next round of difficulty is adjusted to a negative growth according to the current block speed.

Through the horizontal comparison between the computational difficulty, the trend of the calculation of Bitcoin's computing power in the past month is: the net computing power of Bitcoin reaches its peak one month ago, and then the computing power tends to be stable and the next bitcoin is expected. The whole network will have a downside.

There is still a huge profit gap between the current mining cost and the bitcoin price. According to the normal market behavior, the bitcoin's total network computing power has to undergo a continuous increase for a period of time. Then there must be other reasons behind the growth of Bitcoin computing power.

1): There is a bottleneck in the capacity of the mining machine, and the mining machine is replaced by green and yellow.

At present, the country is in a period of high waters, and the miners' mining enthusiasm is high. The biggest limitation to the miners is not the market or the supply of electric energy but the supply of mining machines. Currently, the spot mines are almost impossible to buy on the market. .

However, due to the lack of pre-judgment on market conditions, major manufacturers failed to adjust their production capacity in advance. It is expected that the supply of mining machines in the entire market will be very scarce this year.

The miners have the confidence and financial strength to be a good woman.

2): The market is volatile, and some old mining machines are facing elimination.

In contrast to the lack of supply, some mining machines are already very close to the profit and loss line. Once the secondary market continues to pull back, this part of the mining machine will be removed by the miners, and a part of the total network computing power will be reduced.

Take the Shenma M3 mining machine with huge stock of mines as an example, that is, using the abundant water of Fengshui, its electricity cost is still close to 70% of the capacity. Once the flood season is over or the market is back, it will be easy. Touching the shutdown line, this part of the calculation will be withdrawn from the market.

3): Competition and diversion of the forked network, miners switch computing power to pursue profits

Bitcoin has a large number of forked coins, and the same algorithm is adopted by SHA256. The mining machine on the Bitcoin network can switch networks to these forked coins at will. Among them, there are two major points of BCH and BSV competing with Bitcoin. Fork coins.

Recently, BSV's continuous violent pull has been talked about by everyone, but what everyone doesn't know is that every round of BSV pulls a lot of computing power from the bitcoin network. After all, the miners are profit-seeking from the fork network. The change in the market is easy to form a siphon effect and become a major obstacle to the growth of Bitcoin's overall network computing power.

From the current point of view, until the large-scale listing of mining machines in the second quarter of next year, there will be no particularly large increase in the computing power of Bitcoin. During this period of time, the battle for power among miners will come to an end.

Second: under the current situation, cloud computing power lease or become the biggest winner

Judging from the changes in the production capacity of the mining machine and the changes in the market, we can judge that there will be no large-scale growth in the calculation of the entire network of Bitcoin before the second quarter of next year. We call it the empty window period of computing power.

At this time, whoever can continue to have computing power, who is the opportunity to grasp this empty window period. In the actual situation of shortage of mining machines, the purchase of cloud computing power and mining machine leasing becomes the only way to hold computing power.

The characteristics of cloud computing lease are: entering flexibility, the calculation of power in units of T is not high, and the maintenance of the mining machine is not suitable for the newly-introduced white.

Buying now is the highlight of the cloud computing power. On the same day, cloud computing will pay for the mining on the same day, allowing users to grasp the changes in the market in time and profit from the trend.

From the fact that most of the computing platforms on the market have been bought out, it is clear that many people are aware of this opportunity, and a few platforms that still have stock power supply become a valuable resource.

The RHY mine is one of the few platforms that can maintain a sufficient supply of spot power under the current market conditions. Ordinary users only need to complete registration on the platform, the order and payment process immediately become a miner with bitcoin income every day.

The small partners who haven’t had time to get on the bus have to seize the opportunity to get on the bus. This may be the latest time for the general public to leave Bitcoin.

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