Bitcoin mining can avoid natural disasters and avoid the low tide of the industry.
Not only the general public, but also bitcoin lovers, especially miners, are concerned about public grievances. After all, in 218, there was a situation in Sichuan where mines were flooded and mining machines were soaked. Will such a scene be staged again?
"not directly affected. Weminer, a bitcoin computing platform, owns a mine in Meishan, Sichuan. Octopus, a partner of the platform, felt that they thought of the water situation when they chose the site. The mine avoided the low-lying river open space and the heavy precipitation did not affect the operation and maintenance of the mine.
Mint, the founder of Wonderful Mine in Zhaotong, Yunnan, also said that they were not affected by the rainstorm and flood, and choosing a good location was also their "protection".
Careful site selection can avoid the risk of mine operation and maintenance in physical space, but some unnatural factors have become the new burden of bitcoin mining industry this year-the economic environment under the influence of epidemic situation and internal disputes among mining machine manufacturers. The former slows down the entry of new miners and funds, while the latter directly affects the shipment and quality of mining machines.
bitcoin miners are looking forward to halving the market and expecting a rainy season. Nowadays, the half-price market has not been fulfilled, and the abundant water period has come. As a result, new unfavorable factors have appeared, which will bring the whole upstream and downstream of the mining industry into a low tide.
Although the flood disaster has decreased sharply,
"This year is bitter, flood discharge, power failure and the whole network computing power have dropped. Not long ago, Shenyu, the founder of Fish Pond, complained in Weibo. Reminiscent of the recent torrential rains and floods in southwest China, bitcoin lovers are inevitably worried about the mines in the wet season.
because bitcoin mining needs a lot of electricity and water resources, the river bank near the hydropower station has become a more economical site selection condition for bitcoin mining. When excessive rainfall causes floods, these mines built by the water are easy to become targets of floods.
in June 218, some areas in Sichuan were hit by continuous rainstorms, causing floods. Because Aba and other areas in Sichuan are the concentrated places of cryptocurrency mines, some mines were flooded at that time, and the mining machines were soaked in the flood. The pictures of mine operation and maintenance personnel drying after cleaning the mining machine have been transmitted to the coin circle. On June 24 of that year, the computing power of the whole network dropped significantly, and in a short period of time, the computing power of the whole network dropped directly by 3%. The industry has speculated that this is related to the flood outbreak.
This year, the flood situation in Sichuan is fiercer than before. On July 21, China Youth Network reported that since the flood season, the precipitation in Sichuan Province has been 352.4 mm, which is close to the annual average. There have been three regional heavy rainfall processes in the province, 38 rivers have exceeded the warning and water level, and the tributaries of the Dadu River, Xiaojinchuan and Suomo River, have the largest floods in history, with a return period of about 5 years. Serious floods occurred in Liangshan, Ganzi, Aba, Luzhou and Dazhou.
Zhaotong, Yunnan province also suffered from heavy rain. According to media reports, floods flooded houses and flooded farmland. Sichuan and Yunnan are also the concentration places of bitcoin mines. However, Honeycomb Financial Search found that there was no news of "flooded mines" this year.
A person who recently visited the mine in Sichuan confirmed to Honeycomb Finance, "At present, I haven't heard about the mine disaster.
The wonderful mine in Zhaotong, Yunnan reported that it has not been affected by the flood and can be docked and managed at any time.
Weminer, who owns a mine in Meishan, Sichuan, also told Honeycomb Finance that "it has not been directly affected, and the mine is operating normally"
The fluctuation of computing power in flood season is stable
Judging from the computing power data, the recent computing power is also within the normal fluctuation range. OKlink blockchain browser data shows that in the middle and late June when the rainstorm is concentrated, the computing power of the whole network generally shows an upward trend and is stable at around 12 Eh/s.
Mine site selection is the key to disaster prevention
This year's mine has withstood floods, and the reason is mainly based on the site selection experience of the mine team after "wind and rain".
Mint, the founder of Wonderland Mine, told Honeycomb Finance that Wonderland Mine was not directly affected by the flood because it was more cautious in site selection.
She mentioned that it is difficult to predict the occurrence of natural disasters such as rainstorms and earthquakes, but mistakes can be reduced in site selection. Under normal circumstances, it is risky to build a mine directly next to the hydropower station. "The low-lying open space next to the river is a minefield," she pointed out. The mine is built next to the substation, and the risk of flooding and geological disasters will be relatively low. "If there are problems in the substation, it will definitely be a great natural disaster."
octopus's mine site selection was also carefully evaluated. In the end, Weminer's mine site was selected in a sparsely populated, high-lying and close to the power station. "To build a mine, electricity, water resources, climate and geological conditions are the most important. We should consider not only the impact of the mine on the surrounding environment, but also the impact of the environment on the mine, including whether it can be ventilated, avoid floods and earthquake zones.
although Weminer was not directly affected by the flood disaster in Sichuan this time, their mine operation and maintenance personnel did not dare to take it lightly. At the beginning of this summer, they inspected the front and back of the computer room. Octopus asked them to pay attention to the geological changes nearby. Recently, it has become one of their important tasks to listen to the flood notification from the local meteorological and flood control departments.
in addition, the maintenance personnel of Weminer Mine bring their own waterproof and drainage facilities every day, "such as canvas, woven bags, sand and stones, wooden boards and water pumps, which have to be prepared at all times. Since the beginning of summer, the team has often given disaster prevention training to operation and maintenance personnel, but he also stressed that "although the mine is priceless, if you encounter a particularly urgent situation, you must stay calm and give up your property decisively to ensure personal safety first. Life is more important than anything else.
Suffering from the low tide of the industry
At present, due to experience and proper response, natural disasters have little direct impact on the mine. However, bitcoin miners did not feel that "money is better than in the past" because of the arrival of the wet season.
Mint, who just started the wonderful mine this year, has not directly felt the "bitterness" of the magic fish as a newcomer in the mining circle, but she obviously feels that "the whole mining industry is not easy this year".
The wet season is coming. The machines that were on the verge of shutdown, which were originally affected by the halving of bitcoin production, can still be turned on. After joining the network, the computing power of the whole network is also pushed up to 12E, and the output of a single machine is reduced due to the halving of network rewards and the increase of computing power. At the same time, the price of bitcoin has also appeared sideways in the near future.
The price of bitcoin hovered around $9,5 after the output was halved
In the first half of this year, the global economy was affected by the epidemic. Under this background, the attitude of new funds and prospective miners who want to invest in mining has also changed from the enthusiasm at the end of last year to the continuous wait-and-see. "It is more difficult to attract investment in mines now than before.
the direct impact of the epidemic on bitcoin mining industry is the decline in the production capacity of mining machine manufacturers. In February this year, mining machine manufacturers such as Bitcontinental, Jianan Yunzhi and Bitwei all announced at that time that they would postpone the production, delivery and after-sales of mining machines. After the arrival of the wet season, these manufacturers began to work gradually.
It's hard to get started. Bitland, which has a large market share of bitcoin mining machines, has been fighting again. During this period, some mines reported that the mining machines they received were not working normally.
As a "gold digger" tool for miners, when there are problems in the output and quality of mining machines, it will inevitably bring miners trouble of "cooking without rice".
The mine owners concluded that they have avoided natural disasters with technical measures of disaster prevention and earthquake prevention, but they have not escaped the recession of the upstream and downstream industries. "Miners are still suffering this year. 」