After the beacon chain is launched, do you still need to deploy graphics card mining?

The "Sparks of Mining in China" Hangzhou event , hosted by Lieyun Finance, co-hosted by Canaan, Y2K, Diancun Technology, GSR, and 100P Computing Power Club, and strategically cooperated by Spark Mining Pool and Chuangfang, came to a successful conclusion on December 4.

In addition to receiving special support from partners such as VeryHash, Todek, Hundred Regiments Mining Summit, and RRMine , this event also received strong support from many media partners.

In addition, special thanks to Diancun Technology, Spark Mining Pool, and Ballet Wallet for providing exquisite gifts.

At the beginning of the event, A Kun, partner of Lieyun Finance, said that Lieyun Finance is committed to becoming a resource integration service provider in the blockchain field by cutting into in-depth content and activities . In the past two years, Lieyun Finance has successfully held hundreds of offline blockchain events and three summits with more than 1,000 people. He also said that the next stop of the Spark of the Prairie·Mining China Tour will be held in Beijing , and all friends are welcome to attend.

A Kun, Partner of Lieyun Finance Then, David, CEO of Diancun Technology, gave a keynote speech. He said that Bitcoin and Ethereum mining are basically decentralized, but Filecoin is not, and the opinions of Filecoin miners have no influence. For example, on November 25, the government forced miners to upgrade, which was completely disadvantageous to the miners themselves. This is a manifestation of the centralization of official governance.

He also pointed out that Bitcoin and Ethereum are typical resource-driven, and the benefits will eventually tend to tilt towards big capital. But Filecoin is utility-driven rather than resource-driven, and it is not the case that those with resource advantages are more advantageous.

David, CEO of Diancun Technology, followed by Qingqing, CMO of F2Pool, gave a speech. In her speech, she pointed out that with the iteration of mining and the halving of miner rewards, the mining landscape is also changing. Retail investors are gradually withdrawing because they have no advantages. The early miners have become mining bosses, and the biggest transformation is currently institutional investors. If retail investors want to participate, it is recommended to mine with graphics cards.

She also said that with the early accumulation, F2Pool has a very good relationship with its customers. F2Pool continues to discover high-quality new projects, supports mining services for more than 40 currencies, and its mining pool ranking continues to lead the entire network.

F2Pool CMO Qingqing At the end of the speech, BitUniverse China Operations Manager Haze said that Bitcoin has never been a stable digital asset, and it has always been accompanied by sharp rises and falls. Grid trading is a rational investment method, and the better way to buy and sell Bitcoin is grid trading.

He also pointed out that the operation of Tiandidan is a long-term strategy, which lasts for half a year. If the profits taken during this period cannot be used, it would be a bit unscientific. Therefore, grid trading can extract profits, and use the profits to make high-risk operations to accelerate asset appreciation . If there is a loss, it is also a profit, without hurting the principal.

Haze, Head of Operations for BitUniverse China, had an interesting and informative discussion at the roundtable with Qingqing, CMO of F2Pool, Lou Danfeng, investor of Diancun Technology, Ju Yi, head of Renren Mine Hangzhou Office, Zi Ren, Business Manager of Spark Mining Pool, and Wendy, VP of Business of Diancun Technology (guest host).

F2Pool CMO Qingqing pointed out that if you have already invested in Ethereum mining, then you should dig steadily. There are many uncertainties about how long it will take to mine, and it may take two years. The launch of the beacon chain will definitely be better for the long-term development of Ethereum.

Lou Danfeng, an investor of Diancun Technology, said that Filecoin mining itself is a financial activity. By combining big capital and third-party platforms such as financial service providers to encapsulate effective storage capacity at a lower cost , there is still a lot of profit space as long as the cost can be covered.

Ju Yi, head of Renren Mine’s Hangzhou office, said: “ Money is earned in the bear market, but it is only reflected in the bull market. Money is lost in the bull market, but it is only discovered in the bear market.”

Zi Ren, business manager of Xinghuo Mining Pool, pointed out that the cryptocurrency circle is a zero-sum game, and relatively speaking, many smart players will not play for a long time. The mining circle has relatively stable returns, and long-term persistence can avoid missing out.

This event provides a borderless communication platform for industry practitioners and enthusiasts to jointly promote the development of new infrastructure, and has been well received by everyone. The next stop of Lieyun Finance Mining China Tour will be held in Beijing, so stay tuned!