Hashrate Market Weekly Report (2020.12.19-2020.12.25)

Chart reference: btc.com

The change in single T revenue is the change in FPPS. As can be seen from the above figure, the FPPS of BTC mining is in a small fluctuation, and the daily mining revenue this week is basically the same.

About ETH hashrate market

Summary: This week, the price of ETH did not follow the price trend of BTC and was in a downward trend, but the price of ETH mining machines did not change significantly.

As of the publication date on December 25, 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 is basically consistent with that of BTC mining machines in terms of logic, and both are affected by the rise in the price of the currency and the supply of mining machines. As can be seen from the figure, the price of ETH fell by 18.8% this week, and the daily gross income of each Wolf God B3 and Innosilicon A10Pro is 172.39 yuan and 225.68 yuan respectively.

Chart citation: veryhash.com

The price of Langshen B3 remained unchanged from last week, while the price of Innosilicon A10Pro increased by 7.14%. The price of A10Pro increased because the December futures were shipped on December 25. Since there were fewer Langshen B3s on the market, the price did not fluctuate. A10Pro was officially shipped this week, and before shipping, the manufacturer upgraded A10Pro from 6G to 7G, so the mining income of A10Pro is worth looking forward to. The payback period of Langshen B3 and Innosilicon A10Pro is 212 days and 182 days respectively.

About Filecoin Hashrate Market

Summary: Filecoin GAS fees fluctuated greatly this week, which had a significant impact on many miners, so an improvement plan was proposed.

Chart reference: https://filfox.info

The above figure shows the data from 2020.12.18, and the figure below shows the data from 2020.12.25. By comparing the two figures, we can find that the effective computing power of the entire network has increased by 109P this week, an increase of 7.51% over last week, the number of miners has increased by 49, and the amount of Fil pledged has increased by 6.03%. It can be concluded that the filecoin network has maintained a relatively healthy growth rate.

Chart citation: veryhash.com

The above picture shows the fluctuation of Fil coin price this week. Generally speaking, it is in a downward trend and is not affected by the BTC price. It still has its own independent market trend as before.

Chart reference: https://filfox.info

According to the data from Feihu Browser, the gas fee this week still maintained a large fluctuation as before, but overall, compared with last week, the gas fee this week was flat. In the face of the unfriendly gas fee in the network to miners, the filecoin community submitted the filecoin improvement plan (FIP) last week, and one of the proposals, 0009, has attracted much attention this week.

On December 22, Filecoin Rajsse Karan released the latest announcement in the slack channel, saying that the Lotus v1.3.0 test version will be released, and it is hoped that the official version will be released soon after all implementations are approved. This upgrade is an official mandatory upgrade, which includes the latest proposal FIR-0009 from Protocol Labs to improve the gas fee. The burden of the basic fee of successful WindowPoSt messages is waived, allowing storage miners to afford the cost of proving existing storage without being affected by network congestion.

Finally, it should be reminded that Filecoin mining is still in its early stages of development, and investors need to raise their awareness of risk prevention and participate with caution.