Bitcoin mining army moved west to "find electricity" – heavy traps, how to avoid?

Bitcoin mining army moved west to "find electricity" - heavy traps, how to avoid?

The 019 year of the flood season will officially come in April. For the mining ring, the flood season means more power resources, cheaper electricity prices, and more revenue. There is a saying in the mine ring: the battle is in the flood season. Everyone understands that in this round of flood season, who can find the cheapest electricity, who can live, but there are always many "pits" in the process of finding electricity. This article counts the four pits of the mining circle, teaches you how to avoid the pit, and profit in the flood season!

First, the intermediary pit

Intermediaries generally hold first-hand power resources in their hands. Due to information asymmetry, many mine owners can only buy electricity from them. What the intermediary earns is the difference between the mine and the miners. It usually acts as a second-hand trafficker. It may even be a three- or four-way trafficker. If you have many people, there are often problems that can be solved.

Second, the mine pit

The average miner will choose to host his mine machine to the mine, pay the custody fee, and the mine will be responsible for daily operation and maintenance. However, there are no shortages of crude mines, or no power outages, private switching of power, and mining of mines.

Third, the power station pit

Since there are pits in the custody, it is safe to build a mine, but it can't escape the pits. Many power stations attract miners at low prices. When your mine is built, the power station starts to sit on the ground. For large-scale mines, the price of electricity will increase a little, and the cost will increase several times. However, in the face of power stations, miners are vulnerable groups and can only accept passively.

Fourth, the liar pit

The hunger of miners for low-cost electricity has spawned a market for scammers. Liar companies often claim to have low-cost electricity, collect customer deposits, and go to the time agreed in the contract, but they can't get electricity, and they don't give back to Party B. The miner will not deposit, the blood is gone!

How to deal with the pit of the electricity search process, prepare for this flood season? To maintain competitiveness when the whole network computing power grows, the key points are: 1. Finding low-cost electricity that is reliable; 2. Starting a mining machine with high energy efficiency and great computing power. How can we get reliable power and competitive machines at the same time?

Prospecting machine manufacturers use exclusive mining machines and mines to provide assistance and support to miners, giving customers the highest level of security at the lowest cost.

Miners generally believe that one-stop service provided by mining machine manufacturers, with brand and after-sales guarantee, second, more convenient, and also have the opportunity to enjoy preferential prices and electricity prices, is an effective way to help miners to win the flood season. (chain to finance)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Think Bitcoin is a Kind of "argument" of scam - talk about thinking and progress

——I am Daewoo, crossing the second round of the old leeks of the bulls and bears, focusing on sharing t...

Blockchain

Will Bitcoin price eventually break through $ 10,000? There are three things to consider here

Original link: Cointelegraph Source: Cointelegraph Chinese Editor's Note: The original title was "Will Bitc...

Market

Blockchain is the key to the digital future of Vienna

Austria is a European leader in applying modern technology to improve the overall well-being of its citizens. Making ...

Market

Buffett and Bitcoin: The old stubborn new technology that I don’t understand has always been a rumor

On the evening of May 4th, Beijing time, the annual Berkshire Hathaway shareholder meeting was held in Omaha, a small...

Blockchain

Indian regulators have procrastination? The cryptocurrency ban has not been lifted, and the people took to the streets four times to protest

In recent times, blockchain supporters in India have held a series of rally, and the fourth event held in Bangalore o...

Blockchain

312 plunge paved the way for new funds to enter the market, a large number of investors "bottom" Bitcoin

"Buy on dips" is a very common sentence in any financial market. This sentence is constantly repeated by tr...