1. QiAi QuestsHome
  2. Metaverse & Beyond

Why did Antminer’s price plummet (Antminer issues and solutions)?

• Metaverse & Beyond • 66 views

Why did Antminer\’s price plummet? According to media reports, the offline statu

Why did Antminers price plummet (Antminer issues and solutions)?

Why did Antminer’s price plummet? According to media reports, the offline status, price drop, and price reduction of Antminer have been hot topics in the currency circle recently.

Based on incomplete statistics (from March 27, 2019, to April 6, 2019, with Bitcoin’s computing power continuously rising), data shows that since 2019, the global Bitcoin mining market has accumulated over $1 billion in new investment. As of 16:30 on January 19, the average Bitcoin network computing power was 21.87 Eh/s, which is 15.8% lower than the low point of 5.88 T in 2020. The total transaction fees on the Ethereum blockchain reached 19.74 ETH, which is much lower than the average level of around $7.97 at the end of 2017 and after a significant decrease since 2018.

Antminer Issues and Solutions

Miner issues and solutions of Antminer: It solves a series of problems for “Bitmain”. According to the “Global Bitcoin Mining Market Report 2020”, about 70% of Ethereum (ETH) in the market is hosted by Antpool. However, due to the plummeting price and declining computing power, many users have lost confidence in the Antminer. “Bitmain” is one of the largest chip manufacturers in the industry and a leading domestic ASIC design company. In 2017, “Bitmain” launched products based on the Shaanxi M20 Series S19Pro and Avalon A9 Series, and subsequently released new versions at the end of 2018.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/metaverse/25334.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/19/2023 22:25
Next 08/19/2023 22:47

Related recommendations