The annual BTC mining event (Fengshui period), are you ready to buy the bottom of the computing power price?

Every year, nearly half of the places in China have plum rain season. In fact, many people don’t like it because the continuously humid environment and heavy precipitation have an impact on many people’s lives. However, miners living in the deep mountains and rivers of Yunnan, Guizhou and Sichuan really like the plum rain to last longer.

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Why do you like rain?

Because 50% of the world's Bitcoin computing power is used for mining in Yunnan, Guizhou and Sichuan, the biggest consumption of mining is actually electricity resources. Many mines in the mountainous areas rely on this hydropower station near the river.

During the rainy season, river flow increases, making it easier to generate electricity. As a result, electricity resources are relatively cheaper, and with cheaper electricity bills, the profits of miners will increase.

The rainy season every year is a good opportunity for miners to make a fortune, so it is also called the "Fengshui period".

So how much money can you make from mining during the Fengshui period?

Today we will use this 1000T Bitcoin computing power as an example. First of all, if you want to calculate the mining income, you must understand a few points. The first is the mining output, the second is the electricity cost, and the labor management fee.

On BTC.com we can see that the current mining output is 0.00000533, the current mining electricity cost is 0.0825USDT/T, the management fee is 6%, and the computing power is 1000T.

1000T hashrate mined coins per day: 0.00000533*1000=0.00533/BTC

The daily electricity cost of 1000T computing power is: 0.0825*6.5*1000=536.25 yuan=0.00139/BTC

Net income of 1000T computing power: 0.00533-0.00139=0.00394/BTC

1000T hashrate minus management fee daily net income: 0.00394-(0.00394*6%) = 0.00371/BTC

The mining cycle of Fengshui period is 618 days, so a total of 618*0.00371=2.3 BTC can be mined.

According to the current Bitcoin exchange rate of 385,000 yuan, the mining income is 2.3*385,000=885,500 yuan. The current price of a single T computing power is 45.9UDST, and the cost of 1000T is 45,900USDT=298,350 yuan, with a return rate of 300%.

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Mining IPFS, FIL coins currently pay back in 6 months, the layout is also good

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The first platform in China to take users to visit all mining farms, and the only one with direct customer service. Now, whether it is the popular IPFS or the once-a-year Fengshui period product, it is a good opportunity to hoard coins.

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