On March 30, Xingkong, the founder of Binxin Wallet, said at the Hundred Regiments Mining Summit that using leverage to properly hedge and magnify the utility of funds can also be a good tool. Miners need to allocate mine assets, diversify assets, and find ways to reduce electricity prices.
He believes that Moore's Law also exists in the mining machine: Every 18 to 24 months, the computing power of the Bitcoin mining machine will definitely double, which is the first judgment. Secondly, the power consumption ratio of the miner is very important. At the same time, it has easy maintenance and stability, and the damage rate must also be considered. He hopes that miners will try their best to control their risks and not bet too hard.