In March, the encryption market experienced a diving market, and the total market value of encrypted assets and the price of mainstream encrypted tokens both suffered a sharp drop. Affected by this, the recent mining profitability has declined compared with February, and the popularity of the mining industry has declined.

Affected by the general decline in token prices and the upcoming cut-off date of mainstream mining tokens, the computing power of the entire network has dropped significantly this month.

With the gradual arrival of the flood season, the electricity fee of the entire network has been reduced, and the mining cost has decreased. The prices of mining machines such as Antminer S17+ series and Avalon 1066 series have dropped significantly, and the static payback cycle of mining machines has been shortened.

There are many types of products in the cloud computing power market, and various forms of purchase. Among the mainstream cloud computing power products, at the current BTC price, the BitDeer S19 Pro series has the highest net profit per unit computing power.

Tokentong Research has launched a series of mining monthly reports, which show the current status and monthly changes of the mining market through data analysis. This report mainly includes the content of token price, computing power, mining difficulty, mining machine market, mining pool computing power distribution and cloud computing power market in the mining industry.

Tokentong Research has launched a series of mining monthly reports, which show the current status and monthly changes of the mining market through data analysis. This report mainly includes the content of token price, computing power, mining difficulty, mining machine market, mining pool computing power distribution and cloud computing power market in the mining industry.