In April, BTC led the rise in the crypto market, and other mainstream tokens all experienced corrections to varying degrees. The total market value of crypto assets rose by nearly 40%.

On May 12, the BTC block height reached 630,000, and the BTC mining block reward was reduced from 12.5BTC to 6.25BTC.

Although with the arrival of the high water season, the electricity fee of the whole network continues to decrease and the price of BTC has risen sharply, but due to the impact of the halving of the BTC block reward, the payback period of BTC mining machines has increased significantly, especially for low-power mining machines. Some miners may choose Turn off the miner.

There are many types of products in the cloud computing power market, and various forms of purchase. Affected by the halving of BTC block rewards, the net income per unit of computing power of mainstream cloud computing power products has dropped significantly. Under the current BTC price, OXBTC S17 cloud computing power products even have negative returns.

In terms of mining hotspots, Poolin mining pool: After BTC is halved, 30% of BTC miners will shut down their mining machines; Bitmain’s internal fighting has escalated, and there is a license grab event; Sichuan Ya’an has issued a policy to support the blockchain industry, and the mine may usher in upgrade.

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.