As of August 16, the average hash of the most recent day was 138.99 EH/s, the average hash of the most recent three days was 127.17 EH/s, and the average of the most recent 7 days was 118.93 EH/s. From the low point of 68.01EH/s on June 28 this year, it has rebounded by 104%. The rising trend of Bitcoin hash is very obvious, which is an important manifestation of the industry's recovery and shows that the market is full of confidence.

The increase in hashes across the entire network means that the difficulty of Bitcoin mining has also increased accordingly. The current difficulty of Bitcoin mining is 15.56T. It is expected that the next Bitcoin mining difficulty will increase by 10.91% to 17.25T.

In theory, due to the increase in the difficulty of Bitcoin mining, the income of Bitcoin miners will naturally decline, but due to the recent increase in the price of Bitcoin, the income of Bitcoin miners will also increase. According to the Block data, the daily income of Bitcoin miners has risen to more than $44 million, reaching the level of early February.

No matter what, the miners who had been mining before made a profit this time. In fact, Bitcoin mining has always been a long-term investment. From a long-term perspective, currency price fluctuations have little impact on miners’ income, because miners can choose to stock up and sell in the bull market. The currency price fluctuations during this period are almost negligible.

If you want to mine Bitcoin, RHY has a variety of mining products. Whether you are a short-term investor or a long-term investor, you can find a product that suits you in RHY.

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