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.
Unfortunately, we provide only the Chinese version for this article/report. Sorry for the inconvenience. If there are some reasons that you really need the article/report, feel free to contact us via email.
The news, articles, reports or other information we provide are based on public sources considered to be reliable, but TokenInsight does not
guarantee the accuracy or completeness of any information contained herein. The news/articles/reports or other information had been prepared for
informative purposes only and does not constitute an offer or a recommendation to purchase, hold, or sell any digital assets (cryptocurrencies,
coins, and tokens) or to engage in any investment activities. Any opinions or expressions herein reflect a judgment made as of the date of
publication, and TokenInsight reserves the right to withdraw or amend its acknowledgment at any time in its sole discretion. TokenInsight will
periodically or irregularly track the subjects of news/articles/reports or other information we provide to determine whether to adjust the
acknowledgement and will publish them in a timely manner.
We adhere to high standards and values of reporting news, and we do our best to be objective and unbiased at all times.
TokenInsight takes its due diligence to ensure news/articles/reports or other information we provide a true and fair view without potential
influences of any third party. There is no association between TokenInsight and the subject referred in the contents which would harm the
objectivity, independence, and impartiality of the reporting.
Trading and investing in digital assets (cryptocurrencies, coins, and tokens) may involve significant risks including price volatility and
illiquidity. Investors should be fully aware of the potential risks and are not to construe the content of the report as the only information
for investment activities. None of the products or TokenInsight Inc, nor any of its authors or employees shall be liable to any party for its
direct or indirect losses alleged to have been suffered on account thereof.
All rights reserved to TokenInsight.