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.