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In order to successfully win the bull market dividend, miners need to know these mining secrets

2019-07-19 17:12

In order to successfully win the bull market dividend, miners need to know these mining secrets.


No matter what kind of market, there will always be people who will be taken off the bus in the fierce market competition. And the more the market is good, the horizontal competition between the industries is more and more fierce, especially in the early market of the bull market, the lack of preparation of all parties, the higher the risk factor of this elimination, this time Those who were smashed down were the hapless eggs that fell before dawn. In order to successfully win the bull market dividend, the miners need to know the secrets of these mining, let's take a look at the N possibilities of the miners in the early days of the bull market!


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01): Actively abandoning the miners, but the darkness before dawn is lost to the bull market.


From the end of 2017 to April 2019, the entire bitcoin market has been in the midst of a bearish winter. The most difficult moment for miners is that at the end of 2018, bitcoin prices have fallen from the peak of $20,000 to the $3,000 mark, evaporating 85 percent of the market value, and shrinking dozens of times, even zeroing projects. Not a few.


Most bitcoin mining machines are in a state of loss at start-up, so some miners choose to completely get off the bus in this market, and even the mining machines on hand are disposed of at the price of scrap iron. And just three months later, in April 2019, Bitcoin ushered in a bottoming out and doubled in the next two months, successfully exiting the bull market's reversal.



Looking back now, from December of last year to January of this year is undoubtedly the darkest moment before dawn, and the miners who got off the train at the last moment, succeeded in losing the strength and the current round of the market. When everyone reflected that the market was reversed, the mining machines on the market had been snapped up, and all major mining machine manufacturers sold out together with futures this year. “Feeling to miss a billion” is the truest voice of this former miners group.



02): The pattern is a dead miner, stealing electricity is not a prisoner



With the skyrocketing currency price, the entire market is starting to move. Driven by huge interests, there will be miners who are willing to take risks and touch the bottom line of the law, such as stealing electricity.


As we all know, electricity expenditure is the highest cost in the bitcoin mining. Depending on the power consumption of the mining machine and the market conditions, the general electricity bill will account for 30% to 50% of the output profit.



Then, if there is free electricity, does it mean that the profit of mining has doubled in the same place? Therefore, some miners with a brain-like circuit are really secretly stealing the power of the State Grid to mine themselves.


Recently, such news of stealing electricity mining is common in the newspapers, and the amount involved is in the range of millions to tens of millions. Waiting for such industry wonders, there may be physical labor for real people mining.


3): recruiting eye-catching miners, unscrupulous mines, badly recruiting crazy miners


I managed to get through the bear market and found a mine with a very good background and a cheap offer. I have to settle my own baby machine. After paying the transportation fee, the shelf fee, the custodian fee and the prepaid electricity for two months, you I thought I could sit back and wait for the benefits. Although I was taken away by the mine, I was still full of delusions about the next market.



At the beginning of the three days of stability, the mining machine suddenly had no revenue. The phone asked the mine to say that the power plant had to maintain the line for one week. The power outage maintenance is a force majeure factor. I am sorry that the mine is not responsible.


It’s hard to go through seven days, and the machine is finally working! In the following, frequent disconnections, machine failures, and various reasons for power outages took turns, and there was no profit for the machine for half a month.



So you want to withdraw the mining machine, the other party said that the withdrawal can be, but according to the contract, the deposit will not be refunded, and the mine will be remote and not included in the logistics, to send you an address that can not be found on Baidu map, you come over and lead the machine. !


I finally understood that I was pitted, and you were caught in a dilemma. When the mine machine was a meat buns, there was no return, so the miners died.


4): Miners who were arranged by hackers, the bamboo baskets hit the water to mine the income and made a wedding dress.


As a miner, you not only survived the bear market, but also obeyed the law and did not sneak a sneak peek. I heard that some mines couldn’t stand it, so you decided to mine in your own home. The electricity cost is more expensive. The machine is in your own home, and no one can steal it. Even if the roar of the machine makes you sleepless night, look at the face of income, you still silently endure,


Every day in the sultry and noisy stare at the computer's computing power output, 24 hours a day, twenty-three days a day without power failure and no drop, the machine performance is good, you look at the flow of income into your pocket, you I feel that all this effort is worth it.


It’s hard to go through a few months. If you look at the market and look at the market, it’s time to subsidize the income and subsidize the electricity bill. You wonder if it’s better to buy two machines to expand the scale.


As a result, you open your own encrypted digital currency wallet and look at it empty. You are in a hurry, the machine is working in front of you, the electricity is consumed every day, and the proceeds are displayed on the computer screen. What is the encrypted digital currency produced during this period?


So you rushed to post on the Internet, call a friend who knows how to ask for help, and some of them have been tossed down in your heart. The mining machine was implanted with a virus, and all the proceeds went to the hacker's wallet.


Think about the grievances that you have endured in the past few months. You are angry and hateful and helpless. You will dispose of this batch of second-hand mining machines in your hand. Fortunately, the market is good, the mining machine will be shot quickly and there are still A little profit subsidizes the loss of electricity in these months.


Then, another good miner who was safe and self-sufficient fell.


Such routines for small micro-miners have penetrated into all aspects of mining, and there are countless cases. Small miners can't prevent them from being in front of these sets of pavements.


The senior operation of the RHY mine, Xiao Zhang, said: If it is at the RHY mine, all the managed mines must be strictly anti-virus procedures before they arrive on the site. At the same time, the mine will segment the IP of the on-line mining machine to prevent the mine virus. Copy, for the purpose of prevention,


How can a small micro-miner be caught in the bulls' market by various bullets and arrows? Xiao Zhang also suggested: small miners still give professional things to professional people to do, choose the formal, big brands, industry reputation good mine hosting is the most economical mining options for small micro miners.


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