The difficulty of BTC mining has increased, are there still market dividends?

According to reports, the difficulty of BTC mining increased by 4.5% from the original/primary block height of 699551 last week.

Miners and pool operators claim that although the difficulty of BTC mining has increased, the recent bull market condition has offset the increasing costs and kept BTC mining at a high profit.

Compared to the 13% increase in mining difficulty in the previous two weeks, the 4.5% increase in difficulty is basically negligible. North American hosting service providers and miners are still actively deploying BTC mining, indicating that the market’s popularity has not decayed as the difficulty rises. On the contrary, while maintaining the high profitability of mining, BTC miners around the world are still increasing.

The North American mining policy is stable, and many miners place BTC mining there. In particular, California and Ohio are rich in renewable energy with high-level/high standards of regulatory compliances. Cloud Rush was registered and established in California, USA which has deployed BTC, ETH, and Filecoin mining to provides a complete one-stop mining service for global miners with a professional technical team, optimal hardware configuration, and securely hosted IDC computer room.

--

--

--

Cloud Rush can provide the most professional blockchain(Filecoin) one-stop mining service solution

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

If You’re Using Tokoin X KuCoin Indonesian OTC, You’re Definitely Winning!

Make USDT/QC 10x Margin Trading With Zero Margin Call risk on ZB.com!

QiDao Weekly Updates — Week 8 (6/21–6/27/2021)

Staking Hub AMA: Kava Staking

The Bitcoin Whitepaper

Crypto Central Banks

What is Bitcoin? A Simple Explanation

INTRODUCTION TO NFTs ( non fungible tokens)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Cloud Rush

Cloud Rush

Cloud Rush can provide the most professional blockchain(Filecoin) one-stop mining service solution

More from Medium

Is This the End of Cryptocurrency As We Know It?

5 Ways To Reduce High Gas Fees On Ethereum | Crowdswap 2022 — CrowdSwap

How much we’ve made on crypto in December 2021

Replace By Fee soars in Bitcoin transactions in 2021