How Ethereum Miners Can Survive in the Crypto Bear Market?

The cryptocurrency market plummeted in May, Bitcoin and Ethereum have lost 40% of their value compared with their all-time high in 2021, and panic has flooded the entire market. At the same time, the GPU market is also continuing to decline. Many miners have sold their GPU miners, and the mining industry has officially entered the bleak season. However, in such a crypto winter, the shipments of Ethereum ASIC mining machines are still rising steadily, and leading manufacturers such as LOYALTECH and Innosilicon have received many orders. What is the reason behind this? Some miners and investors informed us of

The post How Ethereum Miners Can Survive in the Crypto Bear Market? appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

LOYALTECH Released YM-200mini Mining Machine, Making Mining Accessible for Millions

At Bitcoin 2022, LOYALTECH, the ASIC mining machine manufacturer, released the latest YM series ETH/ETC mining machine – YM-200mini, which has won broad attention on site. The size of the YM-200mini mining machine is only slightly larger than that of ordinary laptops, and the power supply is only 200W, but it still has a hashrate of 200M, which is close to the RTX 3070 four-unit machine (power supply exceeds 800W). The current daily net income of the machine is close to $10, and the payback period is approximately 300 days. Similar to the company’s YM-100 series of high-performance, the YM-200mini

The post LOYALTECH Released YM-200mini Mining Machine, Making Mining Accessible for Millions appeared first on The Merkle News.

Go to Source

Powered by WPeMatico