By Bitcoin Majalah - 1 year ago - Waktos maca: 5 menit
Record Mining Difficulty Shows Industry Growth Despite Bitcoin Pasar Bear
The biruang teu bisa nyimpen panambang handap sakumaha data nembongkeun ngaronjatna laju hash - nu bisa ngakibatkeun sababaraha realities harga hash uncomfortable.
Bitcoin may be in a bearish market, but the mining industry is growing bigger than ever. Bitcoin mining difficulty set a new record high for the sixth time this year on Tuesday, reaching 31.25 triliun, nurutkeun data pertambangan ti Braiins. Panyesuaian 4.89% mangrupikeun paningkatan katilu panggedéna taun ieu.
Sanajan harga cryptocurrency ngarah geus turun sharply ngaliwatan April jeung Méi sarta terus diuk leuwih 50% handap its all-time high from late 2021, the mining industry’s growth is not slowing. Traditional investors, retail buyers, and even day traders may be bearish on bitcoin, but miners are not. This article unpacks some of the data that demonstrates the mining sector’s growth despite bitcoin’s current bearish market conditions.
Bitcoin Mining Growth Data
Bitcoin’s price and mining difficulty demonstrated a fairly strong positive correlation throughout most of 2021. During the bullish periods of early 2021 followed by the China-ban-related crash in the summer and a market rebound to close the year, both metrics moved closely together. But difficulty and price are typically only positively correlated during bullish markets when both metrics increase together. The line chart below visualizes price and difficulty data from the past three years, and for the past six months as bitcoin’s price has fallen, mining difficulty has continued to surge.
Sanajan konsistén netepkeun rekor pangluhurna taun ieu, sagala kasusah nambahan geus cukup hampang dina persentase. Kasesahan terus ngagiling ka luhur nalika langkung seueur panambang nyebarkeun tingkat hash énggal, tapi henteu aya paningkatan dina taun 2022 anu 10% atanapi langkung ageung. Dina ahir Januari, kasusah ngaronjat ku 9.3%, tapi unggal kanaékan lianna geus kasarna 5% atawa leuwih leutik. Bagan bar di handap nembongkeun susunan basajan tina sagala kasusah sajarah naek saprak hardware pertambangan ASIC diasupkeun ka pasar dina ahir 2012. Tapi euweuh pangaluyuan ieu geus lumangsung dina 2012.
Difficulty increases come from more hash rate, which means an increasingly large amount of computing power is being spent to process transactions for the Bitcoin network and protect the integrity of its distributed ledger. This is objectively a good thing for Bitcoin. But for the economics of some miners, it’s not always something to celebrate because as difficulty increases, hash price drops.
Hash price is a measure of expected revenue per unit of hash rate a miner contributes to the network. Hash price goes up when bitcoin’s price increases faster than difficulty. It also goes up when bitcoin’s price drops slower than difficulty. But when difficulty increases and bitcoin’s price drops as is happening under current market conditions, hash price plummets.
Bagan garis di handap nunjukkeun harga hash sareng data kasusah saprak awal 2021 sareng turunna harga hash jelas nalika kasusah naék.
Janten, sanaos langkung seueur panambang anu ngamankeun jaringan dasarna bullish, éta tiasa janten bearish pikeun ékonomi pertambangan khususna dina pasar anu nuju ka handap.
Timing Of Bitcoin Mining Growth
To anyone who isn’t intimately familiar with the dynamics of bitcoin mining, it’s reasonable to question why the sector continues to grow despite an ongoing bear market phase. A few general reasons offer some explanation for this growth, and the following section on where growth is happening now will add more context.
Proyék pertambangan, ti mimiti nepi ka deployment pinuh, pisan waktos-consuming jeung ibukota-intensif proyék. Seueur tingkat hash anu ditambah kana jaringan ayeuna direncanakeun sahenteuna dua taun ka pengker. Saatos battling telat sareng gangguan ranté suplai salami réspon COVID-19 global, panambang henteu malire kaayaan pasar sapertos ngan ukur ngabéréskeun proyék anu direncanakeun sababaraha taun ka pengker.
Pasar Bear mangrupikeun kaayaan anu langkung ramah pikeun ngamimitian operasi pertambangan énggal. Hardware langkung mirah. Hype geus dissipated. Fokus leuwih gampang pikeun ngajaga. Jeung panambang anu gabung industri dina panas hiji bula ngajalankeun condong boga likelihood nyata luhur gagal atawa keur squeezed kaluar tina pasar dibandingkeun panambang anu dimimitian ngawangun di pasar bearish. Sareng anu langkung penting pikeun sabagéan ageung panambang ti fluctuations harga ayeuna nyaéta jadwal subsidi blok. Halving ganjaran hareup ampir persis dua taun jauh, hartina panambang anu ngawangun ayeuna keur capitalize dina saloba periode 6.25 BTC sésana nepika ends, sarta sababaraha panambang anu inevitably squeezed kaluar tina pasaran.
Also, even though this article has repeatedly referenced the current “bear market” for bitcoin, it’s worth noting that there has almost never been a true bear market period for bitcoin’s hash rate growth, and by extension for difficulty. China’s mining ban caused a historic break from the normal up-and-to-the-right growth trend for hash rate, but now growth is back on track. As the line chart below shows, hash rate is almost always in a bull market.
Ngarecah Pertambangan Tumuwuh
So, where is the mining sector’s growth happening? Home and small-scale miners are still very much active in building their own operations and using many of the new produk jeung jasa ritel-fokus that launched during the bull market. Twitter and other social media are saturated with photos and videos of at-home mining setups.
Perusahaan pertambangan umum ogé terus ngarencanakeun ékspansi ageung. Salaku conto, Riot Blockchain, salah sahiji firma pertambangan anu unggul di pasar, ngumumkeun fasilitas hiji-gigawatt anyar rencanana pikeun Navarro County, Texas salian 400 fasilitas MW geus dimekarkeun di Rockdale. pamingpin pasar séjén kawas Bitfarm jeung Inti ilmiah ogé dijieun announcements panganyarna ngeunaan tumuwuh considerable.
Even cities and local municipalities are entering the mining industry, albeit at very small scale. Bitcoin mining start-up MintGreen is gawe to make North Vancouver the world’s first city heated by bitcoin mining. And the city council in Forth Worth, Texas milih lulus rojongan pikeun ngajalankeun hiji proyék pilot pertambangan leutik-dijalankeun pamaréntah kalawan sababaraha Antminer S9 mesin.
Some of the most exciting growth for general bitcoin audiences comes from news of an increasing number of energy and utilities companies exploring the mining industry. The Hungarian subsidiary of multi-billion-dollar utilities company E.ON has geus ngajalankeun proyék pilot pertambangan keur bulan jeung rencana rék dilegakeun. Sababaraha produsén minyak panggedéna di AS - ExxonMobil sareng ConocoPhillips - ogé ngabangun gedong kalawan panambang. Jeung panambang téh jenuh The Permian Basin kalawan usaha atikan ngawangun partnerships kalawan produser énergi lianna.
kacindekan
sanajan bitcoin’s bearish price action, the mining industry is still in its own bull market. And even though continued hash rate growth despite downward trending prices means dwindling revenue for some miners, the aggregate growth of the industry is a strong signal for the security of the network and the long-term resilience of the entire bitcoin ékonomi.
Ieu pos tamu ku Zack Voell. Pamadegan dikedalkeun sagemblengna sorangan sarta teu merta ngagambarkeun pamadegan BTC Inc atanapi Bitcoin majalah.
sumber aslina: Bitcoin majalah