Advantages of mining machine hosting and cloud computing mining

Bitcoin mining is based on miners. More than 80% of Bitcoin is mined and excavated. The main mining methods are currently favored by miners for mining and cloud computing. What are the advantages of mining machine hosting and cloud computing mining? Let's take a look.

Bitcoin mining has long been a hobby, and it can be mined on a home computer. The subsequent professional bitcoin mining machine allowed the mining to enter the era of equipment competition, and then the intervention of capital, the power was monopolized in the hands of the big mine. It is almost impossible for ordinary retail investors to intervene in bitcoin mining in this case alone. Moreover, the noise pollution and power consumption of the mining machine made the miners unhappy. In this case, mining machine hosting came into being.

No matter what kind of market, there will always be people who will be taken off the bus in the fierce market competition. And the more the market is good, the horizontal competition between the industries is more and more fierce, especially in the early market of the bull market, the lack of preparation of all parties, the higher the risk factor of this elimination, this time Those who were smashed down were the hapless eggs that fell before dawn. In order to successfully win the bull market dividend, mining machine hosting and cloud computing power mining is a weapon to win dividends.

In fact, in the traditional computer industry, hosting services are not new. Enterprises run web servers, sales databases, and document management systems in a hosted environment.

Also came to the bitcoin mining industry, there are several factors affecting mining profit: mining machine cost, mining machine power, currency price and electricity bill.

According to these factors, in the mining industry. Compared with CPU and GOU, ASIC is more efficient, but power consumption is also terrible. At present, the mining machine uses about 1.5 kilowatts of electricity.

Not only is electricity consumption, but there is a big gap in electricity bills in each region. If you mine in the United States, the electricity bills that Connecticut and Massachusetts need to pay each day will be much higher than those in Wyoming and Washington.

In China, the electricity bills of Sichuan mines are far below average, so the previous floods in Sichuan caused the bitcoin's entire network to plummet. The deployment of mining machines in places with low electricity prices is the most important factor affecting mining.

Why is personal mining behind?

1. The first is the power consumption. Because mining is a very large power consumption, and it takes 24 hours to calculate with commercial electricity, the household electricity is not in line with the working environment.

2. Mining needs a stable constant temperature environment, generally requires room temperature between 20 degrees and 30 degrees. If the temperature is too high, the mining machine may crash. So cooling is a cost, like some mine owners build mines in lower temperatures, which saves money and costs down. For example, RHY's Middle East mines and Sichuan mines have low electricity prices. Maintenance costs are also low.

3. The maintenance and repair of the mining machine is also a big problem. If there is a problem, it is necessary to return to the factory for repair. The mining machine is also an electronic product and will be depreciated.

4. Noise, the mining machine has a lot of noise, which greatly affects sleep and rest.

Advantages of mining machine hosting

1. Annual regular electricity subsidies

2. Mining without electricity after 24 hours a day

3. There is an operation and maintenance technical team at the mine. If there is a problem with the mining machine, it can be solved immediately.

4. The power board is broken and needs to be returned to the factory. The mine will have a mining machine on top.

Advantages of cloud computing mining

1. Buy and mine, mining mode is as convenient as buying wealth management products.

2. Low threshold, low-cost mining, starting from 1T

3. Ignore the price of the mining machine, the stability is high.

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