2021 is the year when Bitcoin will move towards the mainstream. Bitcoin is more widely recognized by global institutions, enterprises and people, and it was recognized as a national legal tender by El Salvador on September.

Due to the extreme volatility of the cryptocurrency market, mining with relatively stable returns has attracted the favor of many investors. The crypto mining industry has also entered a stage of rapid development. With the popularity of cryptocurrency mining, a large number of bitcoin mining companies have ushered in The opportunity to go public.

It is understood that there are currently more than 20 bitcoin mining companies that have finally successfully listed through acquisitions, reverse mergers, or direct listing applications. This makes it possible for mining companies to obtain excess returns through the capital market in addition to the high profits brought by mining itself.

However, all this has nothing to do with most ordinary miners. Even though many senior miners have been rooted in the industry for many years and may have obtained high returns from them, they are still a disadvantaged group in the mining industry: they  may not be able to findMine (data center) machine rental，or they  may be deceived...

Some miners began to try to build their own mines and become mine owners themselves. However, for most miners, most of them do not have the ability to build mines, and the volume is too small. Self-construction of mines is still not a big trend.

So, are miners always disadvantaged like this? Recently, RHY has introduced a mode of mining site construction: the power resource party is responsible for determining the power supply with the local power supply unit; the mine management party is responsible for the construction and management of the mine, and the owners of the site jointly invest and jointly own the mine. All property rights.

The joint construction of the site solves the problem of miners’ machines, saves electricity costs, and speeds up the return cycle. Even if the machine is sub-leased, there is a difference in electricity costs. It is a great opportunity for miners.

At present, RHY’s U.S. mining project is open for equity subscription, and the U.S. mine will be merged into a U.S. listed company. In other words， miners participate in the investment and construction of the mine by way of equity subscription, not only can enjoy the dividend income of the mine, but also It can also get the stock income after the mine merger and acquisition.

In summary, mining site construction is undoubtedly developmental, and it is leading the mining industry into a new mode of operation. Let's wait and see how it will develop in the future.

최신 기사