2019 Q2 Crypto Mining Research Report

In the second quarter of 2019, the Bitcoin mining industry recovered in full force as the price of Bitcoin rose significantly. There is a severe shortage of ASIC miners from most of the different manufacturers and all new orders submitted will be delivered in the third quarter of 2019 or even later. Investments and transactions for Bitcoin miners grew significantly faster than the previous quarter. As all mainstream ASIC miner orders submitted in the first half of the year will be delivered and operational in the second half of 2019, while the overall difficulty of the Bitcoin network is expected to increase by 48% - 72% to 14.74T - 17.14T and arithmetic power will grow to 109 EH/s - 127 EH/s as the water abundance period approaches. 2019 In the second half of 2019, the increase in mining difficulty will weaken the revenue capacity of some small-counterpower miners.