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F2Pool global business director: in the next few weeks, computing power may rise again

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Before halving, miners using the old machines were "only marginally profitable"

BlockBeats news, bitcoin has recently completed a difficulty adjustment, falling to 15.14t from 16.55t in March. The latest difficulty drop is the 16th largest in bitcoin history. The next difficult adjustment may occur in about 15 days and may fall further.


Computing power, a key indicator of bitcoin mining activity, has also fallen by 25 percent after halving. This suggests that miners with an older generation of mining machines are more likely to shut down after the bitcoin mining bonus is halved. "Miners are adjusting to the new block reward after halving, and we've seen bitcoin's computing power drop from about 125 EH/s before halving to about 90 EH/s now. However, miners around the world are affected," said Thomas Heller, director of global operations at F2Pool.


Alejandro De La Torre & NBSP; vice President of coin printing; Say yes. He said about 30 percent of the miners had shut down their machines. The miners were "only marginally profitable" before halving their profits, but now they have to close because of a 50 per cent reduction in mining incentives.


But both men said China's wet season could begin around May 25, when many of the previously shuttered miners may be turned on again and computing power will rise again. & have spent & have spent



The original address: https://www.theblockcrypto.com/post/65875



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