Mining machine price market weekly report (2021.3.12-2021.3.19)

• BTC price changes

Chart citation: veryhash.com

• BTC mining machine price changes

As of March 19, the top three profitable BTC mining machines are: S19, S19Pro, and M30S.

Chart citation: veryhash.com

This week, the BTC price was in a volatile range, and the price of mining machines increased slightly compared with before.

• The average computing power of the entire network in the past week: 162.83EH/S, an increase of 4.04% from last week

  
  

• The mining difficulty of the entire network has increased by 1.95% compared with last week

• This week’s BTC mining revenue (per unit)

• This week's Veryhash platform S19 mining machine revenue changes

Chart citation: veryhash.com

As can be seen from the chart, the price of computing power on the Veryhash platform also rose slightly this week, with an increase of 4.28%.

From the 1.62% increase in BTC mining machine prices this week and this week's FPPS, it can be concluded that the profit of holding an S19 mining machine this week is: 3.85%, while the coin price rose by 1.41% this week.

It can be concluded that the income from mining with mining machines in the VeryHash market in the past week is better than the income from holding coins.

This week, the BTC price is in a volatile range. From the above statistics, we can see that the daily gross income of each S19Pro, S19, and M30S is 254.17 yuan, 219.51 yuan, and 203.34 yuan respectively, and the corresponding payback period is 313 days, 314 days, and 320 days respectively. It can be concluded that the current coin price is in a volatile range, and the computing power of the entire network is gradually increasing, so the mining machine income has slightly decreased, but now the production capacity of BTC mining machine manufacturers is insufficient, and it is currently in a seller's market. The market outlook is still optimistic that the mining opportunity will rise further.

ETH Hashrate Market

Summary: The price of ETH this week fell slightly compared to last week, but it is still in a volatile range. The price of mining machines remained stable and did not fall. The profit of holding ETH mining machines this week is higher than that of holding coins.

As of March 19, the top three ETH mining machines in terms of profitability are: Wolf God B3, Innosilicon A10Pro, and Ethereum Bull Z7. Since the market share of Ethereum Bull Z7 is relatively small and there is not much supply on the market, its reference value is ignored.

The price of ETH mining machines rose along with the rise in ETH prices. As can be seen from the figure, the price of ETH fell by 5.88% this week, and the daily gross income of each Wolf God B3 and Innosilicon A10Pro was 342.08 yuan and 460.26 yuan respectively.

Chart citation: veryhash.com

Chart citation: veryhash.com

From the fact that the price of ETH mining machines remained basically unchanged this week and the mining income this week, it can be concluded that the profit rate of holding A10Pro mining machines this week is: 10.44%, while the price of ETH coin fell by 5.88% this week.

From this we can conclude that holding ETH mining machines for mining is better than holding coins this week.

• As of March 19, the difficulty of the ETH network has increased by 4.06% compared with the previous week (3.6-3.12).

  
  

• The average computing power of the entire network in the past week increased by 3.17% compared with the previous week

  
  

• Average Gas utilization rate in the past week: 98.37%

Now the price of ETH is also in a volatile range, but because the production capacity of ETH mining machine manufacturers obviously cannot meet the market demand, and the yield of ETH mining machines is obviously higher than that of BTC mining machines, ETH mining machines are now favored by more people. Moreover, the price of ETH mining machines has been rising, and it is also difficult to get a machine, so it can be concluded that the price of ETH mining machines will continue to rise in the future.

• The average daily rate of return for participating in the mining machine auction this week is 0.57%, and the average annual rate of return is 906%.

• The second VeryHash trading ranking competition has officially started.

• A total of 46 mining machine auctions were conducted in the past week.

PC

• The trading center has launched a membership system. The calculation of the total price will include a handling fee, and the handling fee rate will be deducted according to the membership level.

APP and H5

• Trading Center - The total price will include the handling fee (the handling fee rate is calculated based on the membership level);

• Trading Center - When switching trading pairs, the Bid 1 (Sell Mode) and Ask 1 (Buy Mode) prices are no longer automatically filled in;

• Trading Center - When switching trading direction, the Buy 1 (Sell Mode) and Ask 1 (Buy Mode) prices are no longer automatically filled in;

• Trading Center - When clicking on a commission order, the Buy 1 (Sell Mode) and Sell 1 (Buy Mode) prices are automatically filled in (the original function is retained).

• Updated the trading section and asset section of the Computing Power Cloud Android APP and PC website.

• The VeryHash brand image has been fully upgraded, and the Android version APP + PC website and APP website are updated simultaneously.