雲礦超激戰 ( Hashing24・Hashflare・Genesis-Mining・Bitclub ) 【HK CryptoCurrency 第五集 】

Hello everyone! I am Chilton In the past four episodes, I have introduced how to distinguish true and false cloud mines

It is not credible to distinguish which company is credible I believe everyone has a certain understanding of the cloud mine This time we look at these cloud mining companies again Hashing 24, Genesis Mining, Hashflare and Bitclub These cloud mining companies are familiar to everyone Let us go in and really understand and compare Are their returns at a reasonable level? I believe many people who have experience in investing in cloud mines Also often worried about the next question This problem is the price fluctuation of the cryptocurrency

Difficulty with mining has been rising What will be the impact on the cloud mining contract? I will face this issue with everyone in this episode Just said that the price fluctuations and difficulty rise These two factors are the first to be affected Must be the maintenance fee within the contract Everyone knows every cloud mine contract with computing power as a unit The terms of the contract will be clearly stated Maintenance fee is required every day Just like paying rent and electricity Because the cloud mining company is operating the mining machine on your behalf Maintenance fee and the cost of this type of hosting Everyone should remember I have already stated in the contract that I will charge a certain amount of dollars every day

(Maintenance fee) will eventually be settled in Bitcoin In the proceeds from daily mining The amount of Bitcoin charged (with US dollars) If the price of Bitcoin on the day is higher You only need to deliver less bitcoin It is enough to make up for this kind of expenses On the contrary, if the price of Bitcoin on the day is falling You will find that the revenue is getting less But the biggest reason Not necessarily because of the difficulty And affected the mining revenue of the day More chances are because the bitcoin price of the day has been lowered So that you need to deduct a larger percentage of Bitcoin from your earnings It is enough to make up for the maintenance fee calculated in US dollars on the day So the price fluctuation First and foremost affecting maintenance costs When the price is high, you only need to deliver less bitcoin You need to deliver more bitcoin when the price is low

Below are the four cloud mining contract companies Collection of maintenance fees The first three are Hashflare, Hashing 24, Genesis Mining Also a cloud mine contract based on computing power Take 1 TH as the unit (computing power) as an example Hashflare for the entire December 2017 After the daily maintenance fee is added together, the total amount of bitcoin is charged In 2018, the entire month of January was charged 00008523 BTC 13% more than last month In February The amount of Bitcoin to be charged for maintenance fees is still rising Compare last month More 23% You will also remember that the price of Bitcoin was the highest in history during December USD $19,000 level Bitcoin prices gradually fell in January Back to the value of approximately USD $10,000 So until now (bitcoin) prices are gradually falling back Everyone can see why there is a maintenance fee and you need to charge more bitcoin every month

The situation of another company, Hashing 24, is the same January compared with December (maintenance fee) increased by 16% February compared with January (maintenance fee) increased by 23% Genesis-Mining is charged for maintenance But the income does not separately indicate how much the maintenance fee is And Bitclub, because this company is operating in the mode of mining pool shares Instead of the power contract mode Therefore, there is no maintenance fee and custodian fee to be charged

In the previous second episode, the operation of the mining pool shares was also explained In the following we look at the proportion of maintenance costs to revenue References to Hashflare and Hashing 24 The total income of the 1 TH calculation contract in December is here The maintenance fee is 00007488 BTC Is accounting for 16% of total revenue In January, maintenance costs accounted for 21% of total revenue Maintenance fee was 39% in February From March to the present (maintenance fee) has accounted for 40% of total revenue And Hashing24 is the same The proportion of maintenance fees is also increasing every month

Can be seen in the data The amount of Bitcoin charged for maintenance fees is increasing due to price Also see Revenues are becoming less and less affected by the increasing difficulty of mining This situation has led to a rapid increase in the share of maintenance fees Speaking of here In addition to the factors affecting the left maintenance fee Everyone saw that the second factor just mentioned has appeared That is the proportion of the difficulty of mining that affects the income of the left income What is the current level of difficulty? There is a table here to see the difficulty of mining every month These data are already available on the Internet

Interested viewers can check the details under this clip We will provide links to relevant information Convenient for viewers to browse these websites You can see the monthly increase in difficulty This shows the first day of the month until the last day of each month Increased by 43% in December (difficulty in mining) Increased 35% in January Increased by 16% in February On the first day of March until now (March 9), the difficulty of digging has risen by 8% In the environment where the difficulty is only rising, the maintenance fee is added How much impact on revenue? Can refer to the income of all 1 TH calculation contracts Hashflare deducts maintenance fee every day The net income for the entire December is 0

003927 BTC Net income in January was 0003188 BTC fell 18% Net income in February was 0001624 BTC Compared with the previous month, it has fallen by 49% If compared with December, the decline has exceeded 50% Hashing 24's net mining revenue fell 32% in January And fell 57% in February Although Genesis-Mining just mentioned, it will not separately list the maintenance fee

However, the impact of these two factors on the performance of mining revenue has been reflected in the mining revenue The proceeds from their distribution have been deducted from the maintenance fee The income is compared in December and January Has fallen 42% Compared with January, it has fallen by 50% Genesis-Mining 1 TH currently has the least amount of contractual revenue

Of course you can wait until the bitcoin price rises Sell ​​the proceeds from mining (bitcoin) But what you have to know is When the maintenance fee is deducted, I ignore the bitcoin price at that time Whether (price) is high or low Maintenance fees will be deducted So some of your Bitcoin earnings have not had a chance to wait until the price of your target has already been deducted But the Bitclub operated in the mining pool mode Take the mining pool shares with a minimum of USD $500 as an example The revenue in December was 0

003929 BTC The gain in January was 0003103 BTC The gain in February was 0002454 BTC Bitclub's mining pool share model operates On the one hand, no maintenance fee will be charged There is no such factor (maintenance fee) affecting revenue performance So seeing the income is relatively stable On the other hand, the company’s calculations continue to increase It will also offset the impact of the difficulty of mining

The principle is this The company Bitclub, which operates in the mining pool mode, was established in 2014 The company's scale has been developing So that they have already maintained a market power share of ten This information is also available on other third party websites So definitely have credibility The company has to increase its market power share Is to introduce more computing equipment And the benefits of the mining pool share model are The company is not based on the amount of computing power you have purchased Instead, we will distribute the total proceeds of the company’s mining to the shareholders in proportion to how many pool shares you have purchased

We can also see the increase in the Bitclub mining capacity and the mining revenue in the blockchain record The mining capacity of the company's mining pool continues to increase Reduced the impact of difficulty on the company's mining revenue This part explains how (the mining pool share model) produces offsets When the mine pool develops faster, it can give shareholders an absolute advantage The contract of the unit of computing power is constantly increasing when the difficulty of mining is increasing The income will definitely drop rapidly Because the power-based contract faces such an impact There is no way to avoid The increase in difficulty will directly affect the mining revenue performance of each computing unit

On other third-party websites You will see the record of the blockchain and you can find the total mining power of Bitclub The mining power from 2015 to 2018 is still rising The entire company’s mining capacity has reached 500 PH on March 9 Everyone may have no concept for 500 PH Or can't think of the size of their company Waiting for me, Chilton, described this picture to the big ones 1 PH equals 1,000 TH That 500 PH is 500,000 TH We take a "S9 Ant Mining Machine" that everyone knows well

A "S9 Ant Mine Machine" has a computing power of 135 TH That 500,000 TH except 135 TH I learned that there are about 37,000 "S9 Ant Mining Machines" in the Bitclub mine Is always serving shareholders The 37,000 miners in front of the picture can everyone associate Every investment model has advantages and disadvantages What are the problems that the mining pool share model needs to face? Just mentioned The difficulty of mining bitcoin will rise Such as cloud mining companies do not continue to enhance competitiveness No longer buy more computing equipment And the number of shareholders who invest in this company is also rising

Shareholders' profits will be thinned accordingly So what is the cloud mining company that invests in this model is worth investing? So simple, of course, that company is constantly buying computing equipment The increase in computing equipment can also be higher than the difficulty of mining and the increase in the number of shareholders In this case, shareholders can get considerable income in the long-term shareholding period What is the opposite situation that is unfavorable to shareholders? That is, the increase in the company’s computing equipment is lower than the difficulty of mining and the increase in the number of shareholders At this time, you will see the pictures of the shareholders at the bottom right are crying

So this model is to pay close attention to the company's computing equipment upgrade ratio is how much Take Bitclub as an example Learn about the expansion of the company's computing power equipment This is the news from the Bitclub official website in February Listed companies will be in Norway, Canada, Georgia, Iceland These locations continue to deploy computing equipment Next, the company’s mining pool business will begin in Montana, USA In addition to purchasing power equipment from suppliers Bitclub has an agreement with the supplier of the computing equipment If the supplier delays the equipment for providing mining, it will need to compensate the Bitclub according to the relevant impact They will send it back to the investor after receiving the compensation

Also mentioned in the news In February, suppliers delayed delivery due to transportation problems Caused the company to fail to increase its computing power as originally planned So they put the supplier’s compensation Returned to affected investors (mine pool shareholders) And we have received this compensation Next, the total amount of power that will be increased by Bitclub will be 1,557 PH Up to 480 PH shown in February Since the video playback date has passed February 28th So the current calculation power of the Bitclub mine pool has reached 500 PH 500 PH is made up of 480 PH plus 20 PH And the date written above is a good date with the supplier agreement If the (supplier) has any deferred compensation, it will be treated according to the previous method The mining pool shares are for one thousand days

Any shareholder can enjoy it within 1,000 days Benefits due to increased pool computing power Then Bitclub has arranged an additional total of 1,557 PH Can it offset or exceed the increase in difficulty? In fact, you can find the mining difficulty computer in the Internet to help calculate Beginning on March 9th until all computing power is completed (it is July 10th) We will follow this period from March 9th to July 10th Using a computer to predict whether there will be more difficulty in this period of time? Or is there more room for increase in Bitclub? You can look at the (difficult computer) forecast data reference Enter the appropriate information first The average number of distances per difficulty adjustment on the web page is about 13 days Each adjustment is about 9% The existing difficulty is here Compared with the difficulty of July 10, the increase is about twice as much Let's take a look at the Bitclub mine pool with a 500 PH calculation on March 9th Because today has passed February 28, 20 PH computing power has also been added

So we only need to add 1,537 PH power Percentage of increase, I believe everyone knows how to calculate About 400% or so, the mine is four times more It can be seen that the increase of the computing equipment is greater than the computer's prediction of the difficulty of mining Although it is not possible to predict the increase in the number of shareholders in the future But at least we can know that the increase in computing power can offset the predicted mining difficulty Model of the calculation contract No matter how the cloud mine company develops, it has nothing to do with investors

Will not benefit investors better because the cloud mining company is developing very well How do you know the impact of difficulty on the power contract model? We can also use the internet mining difficulty computer to help This URL will also be placed in the details below the snippet What is the daily income that you can calculate for a specific computing power? More predictive of the impact of the increase in difficulty on earnings Enter the current price of Bitcoin and the current calculation of the contract in the computer And the percentage of difficulty increase and the difficulty is adjusted every other day The computer will automatically provide the default percentage increase and difficulty adjustment date for future data Calculate with Hashing24 as an example Use the current price of Bitcoin on March 10th as USD $9762

1 Suppose this value is unchanged in the future The calculation power is calculated by 10 TH, which is equal to 10,000 GH The cost of 10 TH is USD $6,850 in Hashing24 Hashing24 is a three-year contract period But the computer can only predict up to 999 days That 999 days later is December 3, 2020 In fact, this contract cannot be maintained (999 days) for so long What is the reason? You will understand it later

The increase in difficulty and the adjustment period are entered as the average number of websites It is equal to 9% and thirteen days Press "Calculate Revenue" to get the following results According to the last adjustment date is on March 5th and then add thirteen days Then, on March 18, the first difficulty will be adjusted March 18 and 8 days will be adjusted Received a gain of USD $5968 after eight days of current difficulty The 10 TH calculation contract maintenance fee will be charged USD $3

3 per day The eight-day maintenance fee is USD $264 We will subtract the proceeds from the maintenance fee I learned that the net income for the eight-day forecast is USD $3328

Similarly The next cycle is March 18th to 31st The difficulty increase is also 9% after 13 days The difficulty of mining has increased, and the natural daily income has been reduced The calculated thirteen days assume that the current price of Bitcoin remains unchanged at USD $9,7621 The gain from mining is USD $8897 Then subtract the maintenance fee required for thirteen days The predicted net income will be USD $46

07 The following is always the case Everyone knows that income will become less and less affected by the difficulty The situation is predicted to happen as follows Finally, the 11th cycle, July 13th, will have a negative income Remember that the cloud mine contract will be interrupted? Assume that the day’s earnings are insufficient to deduct maintenance fees The contract has a chance to be interrupted Subsequent time returns continue to show negative numbers So I just said that I don’t have to predict 999 days The reason is that because I went here (there are negative numbers), I don’t have to count any more

But the value of this computer is based on the assumption that the price of bitcoin is maintained at the level of USD $9,762 If the price of Bitcoin continues to fall, the contract may be interrupted more quickly With this prediction After the 12th cycle, there will be no more revenue in the contract In other words, this contract is from March 10th to July 13th You can only get a return of USD $228 However, the cost price for the entire contract is USD $6,850 The entire contract is calculated based on this forecast Then the 10 TH calculation contract you invested in has lost USD $ 6,621

I think you will also know that the difficulty will affect the mining revenue But what is the impact of the real impact? Do you really understand before you decide to invest? I suggest you can use this counter to refer to Is there only Hashing 24 that has just been mentioned? Let’s take a look at Hashflare here The current price of Bitcoin is also USD $9,762 The power of 10 TH is equal to 10,000 GH And buy a 10 TH contract at Hashflare The cost price is USD $1,800 The contract period is one year until March 9, 2019 Hashflare's maintenance fee is USD $35 per day for a 10 TH contract

The same will happen just now Negative gains occur at approximately the 10th cycle There is no need to count any more in the future So both I and Xiaobian have mentioned that a permanent power contract does not exist at all Total revenue during this period is USD $204 Minus the original investment cost USD $1,800 Loss of USD $1,595 So the above two examples are enough to illustrate Any contract based on computing power is also facing the same problem No one is spared So I hope that everyone can recognize the situation of investing in the power contract now Then I also know that some emerging cloud mining companies have emerged in the market in recent years

Blame yourself for using more advanced computing equipment or claiming that their mine pool has a lot of computing power In fact, everyone has to be clear about one thing What you buy is a contract of power 10 TH contracts will always be only 10 TH gains No matter how large or strong the mine company you invest in How the future is to develop the performance of mining machines Even if this cloud mine company's mining machine is more powerful than the NASA (NASA) supercomputer Everything mentioned above is not related to the contract you invested in You only have 10 TH in your hand They will not charge less electricity and custodian fees because of the enhanced performance of the mining machine Electricity and escrow fees will still charge the same price

The contract will eventually face the problem of being interrupted So you have to know more about yourself in the cryptocurrency market Don't people say what you listen to Other people say that you feel good again To collect more information and analyze investment risks by yourself I’ll talk about it here today I hope that you can understand the difference between the calculation contract model and the share model after watching this episode

And their respective pros and cons Next we will meet the requirements of many readers Start teaching some basic applications of cryptocurrency For example, introducing different (cryptocurrency) wallets How to trade on the exchange or recommend what you use (cryptocurrency) wallet, etc I hope to live with our own experience Help some readers who are new to the world of cryptocurrencies Can let everyone know about this emerging market Finally, I add that the content provided in this episode is purely personal opinion of me and Xiaobian Not a professional investment analysis Therefore, it is recommended that you understand the company background and investment risks before investing

Ok, goodbye, Byebye

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