The recent skyrocketing and plummeting market has exploded many futures traders, both long and short. The newcomer takes over.

In addition, there is another huge group in the currency circle ecology that cannot be ignored, and they are miners.

This mine, I believe it will explode, but I can't determine the timing. In theory, this timing is getting closer.

Early players and some senior players in the currency circle are more or less involved in mining, and investing in mining machines is also a way of doing business. Buying mining machines, starting mining, and removing costs, the rest is net profit.

Many people think that mining is investment and buying coins is gambling. Mining is relatively stable, and money comes into the account every day, so you don’t have to worry too much about the rise and fall of the currency price. If it rises, you can earn more, if it falls, you can earn less. Unless it falls below the cost price and cannot make ends meet, it will consider shutting down.

In particular, the upcoming Bitcoin halving event has made more people believe that the price of the currency will definitely rise, and that mining or buying coins will definitely make money.

History will not repeat itself, but it will always be strikingly similar.

If things are really that simple, that would be great. Everyone hoards coins, or buys mining machines, and when the halving comes, they will collectively get rich.

If the script goes like this, then the question arises, everyone has made money, whose money is it? Who is losing money? Benefits for dealers to retail investors? The dealer is the biggest fool?

Let's take a look at the computing power of Bitcoin.

The computing power of Bitcoin is almost showing exponential growth, and there is still no sign of slowing down. With high computing power and strong power consumption, the cost of mining coins will naturally rise.

Today, Moore's Law cannot be applied to mining machines. Every time the mining machine is upgraded, it can reduce the huge power consumption, which is reflected in the significant cost reduction. But for every upgrade of the mining machine at present and in the future, the proportion of power consumption reduction can only reach between 10% and 20%.

Just like electronic products such as mobile phones and laptop computers, the difference between our current new electronic products and electronic products two years ago is getting smaller and smaller, and electronic technology products have entered a mature stage. Mining machines are just electronics.

Let’s talk about miners. As mining machine manufacturers, they are giant miners and top players in this ecology. If mining is really a super high-yield business, why do mining machine manufacturers work so hard to sell mining machines to What about the little miners? Wouldn’t it be better for them to produce and dig themselves, raise the price of coins, and then throw the high-priced coins to leeks.

Mining machine manufacturers are by no means fools as top players. The threshold for mining is not high. The mining machine is plugged in and connected to the Internet, and it can start mining when connected to the mining pool.

In addition to digging by themselves, the most fundamental reason for selling mining machines is to control and reduce risks. Risk is something that comes as soon as it is said. High-risk business is extremely fragile, and the only way to reduce the risk to an acceptable ratio is to do it.

More importantly, they need new players to join, and the illusion of "mining is a steady profit" is very impressive to new players. Only more players can further promote the rise of the currency price and benefit from it. .

Small miners who buy mining machines, in addition to the risk of taking over the mining machine dealers, actually participate in the game of gambling with the mining machine dealers and dealers, and the risks borne by small miners are not small at all.

Some small miners even added leverage to invest in mining machines in order to halve the market. If leverage is added to gamble, once the market fluctuates violently, there is a high probability that they will be out of the game.

From the dealer's point of view, we must "teach" players who lack knowledge in the market. Bloodbath harvesting is the only way to teach them a lesson.

Judging from the distribution of Bitcoin chips, the chips are still highly concentrated. Even so, the distribution of Bitcoin chips is the most dispersed compared to other currencies. One can imagine the concentration of chips in other currencies.

I roughly guess: if there is a thunderstorm, the currency price will be very low, and the mining machine will be worthless. Mining machine manufacturers and bankers can not only buy mining machines at very low prices, but also continue to collect more chips at low prices. The game is the game between the mining machine dealer and the banker, and the power of small miners is insignificant.

The profit cake is so big, everyone will rush to share the cake, and those who come late and those with little strength have no chance to share the cake.

I think the best way to participate is to observe, participate carefully, and steal a piece of cake within a certain critical interval. As for whether you can succeed, it all depends on your skills.

Lighthouse Community—Jiangge

Lighthouse Community—Jiangge

BTC

In the short term, Bitcoin does not have much upward momentum here in the day, and it is better to try to place short orders at high positions for short-term trading here.

ETH

Ethereum is a weak rebound, and its strength is not as strong as Bitcoin, so you can still short Ethereum at a high level in the future.

BCH

The trend of Bitcoin Cash is similar to that of Ethereum. In the short term, it is still short of a high point, but this high point will not be too high. If it is high, you still have to pick up more after the kill.

LTC

Latiao does not have much willingness to rush forward in the short-term trend, so in the evening or in the follow-up short-term operation, it still focuses on high-altitude operations, but all currencies must be back and forth, and long and short must be involved.

EOS

The trend of pomelo is very strong. In the short term, it still needs to go up. Generally speaking, it will be a wide shock after the pull-up.

XRP

Ripple can think about it after another drop. It is currently strong, but it should still focus on high altitudes.

Bitcoin price at time of writing: $7385