BTC has entered the era of low inflation, it is a good time to hoard Computing Power after Bitcoin’s Halving

Since February this year, the world has been affected by the epidemic, resulting in the black swan effect, and the world’s assets have fallen to varied degrees. However, after the epidemic, BTC has taken the lead in the global asset market, demonstrating its strong vitality. BTC is in its 12th year now and it is no exaggeration to say that there is no any other assets in the world that is able to recover quickly after losing nearly half its value in a short period of time, except BTC.

On May 12th 2020, BTC carried out the third halving, and the bonus of mining block was reduced from 12.5btc to 6.25btc. This historic moment has received unprecedented attention. Some people are worried, some are confused, but some are firmly convinced. But the reality is that, compared with the previous two times of halving of BTC, the market did not react much in the process of halving this time. So what’s the reason? In fact, because the number of bitcoin in circulation has exceeded 18 million, the amount of BTC that can be mined is relatively small, and the impact of production on the price of Bitcoin is not great. Therefore, the symbolic significance of halving is greater than the practical significance.

Now the halving has been completed, with the arrival of the flood season, the continuous influence of halving of BTC and the changeable and complex external environment, how does RRMine view the BTC market after halving? What challenges and opportunities will the miners face? Everyone knows that BTC’s new bull market is definitely coming, but no one knows when. After the halving, the mining industry can be described as “It is the worst of times, and it is the best of times also”.

After halving, the real inflation rate of BTC is less than 2%, lower than that of most fiat money. From the point of view of inflation rate and BTC circulation ratio, the halving in the future will have less and less impact on the whole cryptocurrency market. This also means that the BTC almost ushered in the era of full circulation and low inflation. At present, the news that institutional big customers increase their BTC holdings has been gradually verified by the market. China’s mining policies and environment are also improving, eliminating mining enterprises that fail to meet the standards and guiding mines to use waste hydropower resources. With good policies, the market tends to be stable and BTC market is facing new growth opportunities.

Source:BeatlenNews (Weibo); Bitcoin Hashing rate & Price Chart ( The First/Second/Third time of Halving); The black curve represents BTC; The orange curve represents Hashing rate.

The highest decrease of BTC hashing rate (computing power) in one month after the first two times of halving was -38.67% in 2012, -21.33% in 2016, and -17.64% in 2020. The above data show that it will eliminate a group of miners after each time of Bitcoin’s halving, and every time when the difficulty of Computing Power is reduced, it is the time to hoard Computing Power. Although the first two times of halving brought historic highs and exponential price increases, and led to the great bull market, it is easier to buy the token than to hold it. The holding period in the secondary market is short, so investors can only be traders and cannot wait for the bull market to start. Ten years ago, 10,000 bitcoin bought two pizzas, although it made history, it also taught us a lesson. How to hold BTC is the problem we should consider in the next 10 years.

A spiraling market is best for miners, and with low inflation, the time has come for a new round of hoarding for computing power. After halving in 2020, it is a huge challenge for the whole mining industry. It will be difficult to support mining in the mine with disordered management. The mine will develop towards IDC room and become more transparent and standard. Based on the development trend of mine refinement, the computing power which can be divided is undoubtedly the best choice for small and medium miners.

RRMine has maintained its expansion speed after bitcoin’s halving, accelerated the progress of bottom-level business development, and continued to expand its global distributed computing base, forming a global distributed computing supply network in China, the United States, Canada, Russia and other European countries. At the same time, it has laid out a very excellent elite management team and high-tech team. Now it has more than 10 branches and more than 200 excellent employees, realizing the global business layout. Through three years of stable operation, RRMine platform has effectively utilized the dynamic law of computing power market, kept hoarding computing power, satisfied the supply of computing power. Relying on the underlying “decentralized” computing assets management, it gives users more complete trust, multi-directionally create a credible computing assets. Through the computing power contract design to achieve standardization, risk resistance, strong liquidity, decentralization, long-term stability and other characteristics.




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