The data shows that at 14:35 today, the Bitcoin network ushered in a difficulty adjustment at the block height of 689472, and the entire network was lowered to 14.36T, a reduction of up to 27.94%. This is the biggest difficulty reduction in Bitcoin history.

In May 2021, following the Chinese government's crackdown on Bitcoin and Bitcoin mining, Bitcoin experienced the largest mining machine outage in history, Bitcoin's entire network hash plummeted, and the largest migration in history occurred. Miners dump pressure followed. The price of Bitcoin has also fallen.

Obviously, the income of miners will decrease. Some people may ask "Is the mining disaster coming?" However, the answer is no. By evaluating the change in the total income of miners (7-day average), it can be found that the income of Bitcoin miners is 3 Both January and April maintained a relatively stable level. Even though the income of Bitcoin miners has declined since May, the current mining income is still 154% higher than that of the Bitcoin block reward halving in May 2020.

For now, due to the sharp decline in the difficulty of mining, and the price of the currency has remained relatively stable, the chain reaction of the Chinese government's supervision on the entire mining industry has almost settled. In the short term when the computing power is difficult to recover, Bitcoin miners There will be a new period of income growth, which is mainly due to reduced difficulty and increased output.

In this somewhat turbulent situation, if you want to seize the opportunity and reduce the risk, you can buy the rainy season mining machine rental products of the RHY platform. The electricity bill is lower, the payback is faster, and the risk will naturally be lower.

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