BTC
$66619.82

0.00%

BTC
URL bitcoin.org
$ 66619.82
Last Price $ 14,003.03 million
Change 0.00%
power 595.86 EH/s
Daily output 0.00000076 BTC / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+347.04%
DCR
$19.7608

0.00%

DCR
URL decred.org
$ 19.7608
Last Price $ 4.15 million
Change 0.00%
power 9.75 TH/s
Daily output 0.21580310 DCR / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-98.58%
LTC
$82.58

0.00%

LTC
URL litecoin.com
$ 82.58
Last Price $ 69.34 million
Change 0.00%
power 957.76 TH/s
Daily output 0.00000343 LTC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+82.84%
BCH
$489.9

+0.03%

BCH
URL bitcoincash.org
$ 489.9
Last Price $ 102.86 million
Change +0.03%
power 4.65 EH/s
Daily output 0.00010892 BCH / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-44.18%
ZEC
$23.32

0.00%

ZEC
URL z.cash
$ 23.32
Last Price $ 4.90 million
Change 0.00%
power 7.89 GH/s
Daily output 0.00035469 ZEC / K
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+31.06%
DASH
$28.97

+0.07%

DASH
URL dash.org
$ 28.97
Last Price $ 5.47 million
Change +0.07%
power 1.42 PH/s
Daily output 0.00010841 DASH / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-75.09%
ETC
$27.3867

+0.05%

ETC
$ 27.3867
Last Price $ 57.64 million
Change +0.05%
power 170.96 TH/s
Daily output 0.00009615 ETC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-5.59%
Your Location: Home > News > Details

Bitcoin network difficulty reduced by 27.94% to 14.36T

2021-07-03 18:43

The data shows that at 14:35 today, the Bitcoin network ushered in a difficulty adjustment at the block height of 689472, and the entire network was lowered to 14.36T, a reduction of up to 27.94%. This is the biggest difficulty reduction in Bitcoin history.

In May 2021, following the Chinese government's crackdown on Bitcoin and Bitcoin mining, Bitcoin experienced the largest mining machine outage in history, Bitcoin's entire network hash plummeted, and the largest migration in history occurred. Miners dump pressure followed. The price of Bitcoin has also fallen.

Obviously, the income of miners will decrease. Some people may ask "Is the mining disaster coming?" However, the answer is no. By evaluating the change in the total income of miners (7-day average), it can be found that the income of Bitcoin miners is 3 Both January and April maintained a relatively stable level. Even though the income of Bitcoin miners has declined since May, the current mining income is still 154% higher than that of the Bitcoin block reward halving in May 2020.

For now, due to the sharp decline in the difficulty of mining, and the price of the currency has remained relatively stable, the chain reaction of the Chinese government's supervision on the entire mining industry has almost settled. In the short term when the computing power is difficult to recover, Bitcoin miners There will be a new period of income growth, which is mainly due to reduced difficulty and increased output.

In this somewhat turbulent situation, if you want to seize the opportunity and reduce the risk, you can buy the rainy season mining machine rental products of the RHY platform. The electricity bill is lower, the payback is faster, and the risk will naturally be lower.

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