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Why is the mining revenue of RHY, an Asian cloud computing platform, higher?

If we dig deeper into the above table, it is obvious that the cloud computing power market products are basically similar in nature and follow the same business model of input-output ratio, but when reflected in the cost, the gap is huge. The direct impact is that some platforms can still maintain a high return rate of 56%, while some platforms have a comprehensive cost that is three times the former (calculation cube), and the loss rate is more than 100%.

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Why is the mining revenue of RHY, an Asian cloud computing platform, higher?

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  1. Why is the mining revenue of RHY, an Asian cloud computing platform, higher? If we dig deeper into the above table, it is obvious that the cloud computing power market products are basically similar in nature and follow the same business model of input-output ratio, but when reflected in the cost, the gap is huge. The direct impact is that some platforms can still maintain a high return rate of 56%, while some platforms have a comprehensive cost that is three times the former (calculation cube), and the loss rate is more than 100%. There is a three-fold income gap between the two. We also try to understand why.

  2. 1. Equipment cost is an important factor. Cloud computing power also relies on high-power computing equipment to provide computing power, and users who have experienced the bull-bear conversion from 2017 to 2018 should be aware that the price of the same machine in the bull market may be more than ten times different from the bear market. Powerful platforms will renew a large number of equipment at the bottom of the bear market to amortize costs, while platforms that cannot keep up with the financial resources are destined to have high costs. 2. Electricity prices play a decisive role At present, the power of the mining cloud computing platform is divided into domestic power (2-3 cents/kWh) and overseas power (3-4 cents/kWh), and electricity is the largest expenditure of mining costs. We contacted RHY (56%), the platform with the highest yield in the form. The other party stated that "currently, all the mines of RHY cloud computing power adopt the strategy of deploying all mines, which has a great advantage in the cost of electricity. 3. The different contract period is also a reason to be considered The shortest contract for computing power leasing is one year, so when we consider revenue, we must also consider the specific market conditions of the industry when the contract is signed. If the contract was signed at the beginning of last year and the Bitcoin Mingprice was above

  3. US$8,000 at that time, then no matter which one in the table is profitable. Of course, even if we are profitable, we tend to find the platform with the lowest overall cost and pursue the maximization of returns. Through the above comparison, we hope to give some help to readers who intend to enter the industry. The world of blockchain is unpredictable, but at present, cloud computing power leasing is still a reliable investment project, with an annualized return of 56%. In this case, the benefits far outweigh the risks that need to be taken. On the whole, the RHY platform is the first choice for cloud mining in Asia. Who is more credible in cloud mining? Old miners unanimously recommend RHY mine Cloud computing power mining has gradually become an investment method for many people. But how should cloud computing power mining products be selected? Which cloud computing power platform has received unanimous approval from miners? These are the topics that miners are most concerned about. At present, the cloud computing power platforms that ordinary people are exposed to on the market are uneven. As users grasp the following three

  4. points, you can basically judge whether this cloud computing platform is reliable. 1): First, look at the main body of the cloud computing power platform, mainly to determine whether the computing power platform actively discloses the operating entity behind the platform, and you can also use enterprise background query software such as enterprise search to query the company's background. For example; RHY (cloud computing power) platform, open and transparent information is a trustworthy platform 2): Carefully read the terms of service of the platform: The terms of service are the cooperation agreement between the cloud computing power miner and the platform, and it is a contract with legal effect. Therefore, users should read the terms carefully, especially the rights and obligations of both parties. The terms must be understood thoroughly. It should be noted here, to pay attention to the platform's service scope and exemption clauses. 3): Investigate whether there is a mining farm behind the cloud computing platform: judging whether a cloud computing platform is

  5. supported by a mining farm is the most critical link. Normal cloud computing power miners can inspect the business structure of the platform. Platforms backed by mining farms should also be engaged in mining machine leasing and mining machine hosting related businesses. A single platform with only cloud computing power business, users Very vigilant, like RHY cloud computing power platform is compatible with multiple cloud computing power, mining machine leasing and other services, is a platform with real business support. For example, the RHY cloud computing platform actively discloses the situation of its own mines to users. On the RHY cloud computing platform, there are public information such as text, images, videos, and news reports, which users can directly consult. Now you know why the old mining functions are willing to recommend the cloud computing platform, right?

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