Spring is here for the miners! Recently, the China National Development and Reform Commission announced that it would remove the virtual currency mining industry from the list of eliminated industries. This good news has given the entire industry a new lease of life. With policy adjustments, the virtual currency mining market will usher in new development opportunities. Let us explore this exciting change together.

Cryptocurrency mining was once highly controversial and was criticized as an unenvironmentally friendly industry due to its high energy consumption and high emissions. However, this decision of the National Development and Reform Commission has undoubtedly injected a shot in the arm into the entire industry. How will the development of the virtual currency mining industry benefit? Next, we will analyze it in depth from multiple angles.

First of all, the delisting of virtual currency mining will bring about the reshaping of the industry structure. Prior to this, many mines were forced to close or move to other countries due to policy restrictions. Now, with the loosening of policies, these miners are expected to return to their motherland, resume production, and inject vitality into the domestic market. Taking Bitcoin as an example, its price fluctuations have always been the focus of market attention, and the recovery of virtual currency mining will provide it with more stable computing power support and bring more investment opportunities to the market.

Secondly, the recovery of virtual currency mining will also promote the development of related industrial chains. From mining machine manufacturers to mine operators to power suppliers, the entire industry chain will usher in new growth opportunities. For example, mining machine manufacturers will face more orders, mine operators will expand their scale, and power suppliers will also receive more demand. This virtuous cycle will promote the healthy development of the entire industry and inject new impetus into economic growth.

In addition, the recovery of virtual currency mining will also drive the further development of blockchain technology. Blockchain, as the underlying technology of virtual currency, has always attracted much attention. As the mining industry recovers, research and application of blockchain technology will also be promoted. In the future, blockchain technology is expected to play a greater role in finance, logistics, medical and other fields, bringing more possibilities to social development.

Overall, the recovery of the cryptocurrency mining industry is good news. It not only brings new development opportunities to miners, but also injects vitality into the entire industry chain and promotes the development of blockchain technology. In the days to come, let us look forward to the vigorous development of the virtual currency mining industry and contribute to the construction of a new digital economy. Spring has arrived for miners, let us join hands to meet the challenges and create a better tomorrow!

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The spring of miners is quietly coming. On November 6, it was reported that the National Development and Reform Commission had deleted the "elimination of virtual currency mining" from the list of "elimination industries". In an instant, this news became a trend in the circle of friends, and the currency price also slightly increased. rise.

So, when was it included in the list of “eliminate industries”? This happened not long ago. On April 9 this year, on that day, the miners’ hearts were filled with haze. The originally uncertain industry felt like they were being condemned. That night, I appealed for it on Weibo. The injustice:

"Bitcoin mines are smoke-free, low-carbon, green and environmentally friendly. There is no need for quality inspection, no defective products, no after-sales service, no triangular debt, cash on hand, no drinking water, no oil consumption, just some electricity, which can consume the cost of the greater western region. Water and electricity, promoting local employment, producing the most advanced blockchain assets, and increasing national foreign exchange. Such a perfect business model is actually planned to be an obsolete industry with backward production capacity, emmm...
"

In fact, before this, the government had already imposed enough restrictions on mining. From Inner Mongolia, Sichuan to Xinjiang, the Ministry of Industry and Information Technology, in conjunction with local power departments, issued documents to the areas under their jurisdiction to restrict Bitcoin mining or prohibit the sale of electricity to Bitcoin. Mining, during this period, I remember that Canaan, Bixin and some people with lofty ideals did some popularization work on the government and analyzed the pros and cons, but under the general trend, it was of no avail. The restrictions were still restrictions, and the prohibitions were still prohibited.

This was a big blow to many miners at that time. When the miners received the notice, they had to shed tears and resentment. They removed the mining machines, asked around for places where they could be placed, and then loaded them into trucks for transportation across the land of China. The scene reminded me of that year at Southwest Associated University, when a student shouted loudly, "Why can't China have a quiet desk in such a big country?"

One of my miner friends was particularly ill-fated. When he was mining in Inner Mongolia, Inner Mongolia issued a notice. Then he went to Sichuan, and soon received another notice. He was exhausted and had no intention of doing any more infrastructure construction on his own, so he moved to Shihezi, Xinjiang for trusteeship. Thinking that Shihezi had also issued a notice not long ago, he was filled with grief and anger, so he had to go through all kinds of troubles to build his own mine in Yunnan and transport the batch of machines from Xinjiang. It is said that Yunnan also sent a notice later, but he did not receive it, so he started mining in Yunnan in fear every day, with the mood of being a monk hitting the clock. Thinking about him sitting on a big truck transporting his mining machines across the country, he is not just an aging beekeeper, driving his bees to find the flowering period.

Among them, I also heard a magical story. A small hydropower station somewhere in Sichuan signed a five-year power contract with miners. Before that, this small hydropower station was barely operating because there was too much power in Sichuan. The electricity produced by the small hydropower station could not be sold. The transmission of electricity from the west to the east has long been a thing of the past. It can generate electricity for one or two days and then sell it to the grid. It will be idle the rest of the time. Later, the miners came to this land and signed a contract with the small hydropower station. As we all know, Bitcoin is mined around the clock, so the small hydropower station also generates electricity 24/7, and the income increases exponentially.

But as the currency price rose, the owner of the small hydropower station realized the charm of this thing. He felt that mining was too profitable. After Sichuan issued a ban on selling electricity to the mining industry, the owner quickly took a printed notice and told the miners to remove the mining machines overnight and move them away. The miners looked up to the sky and screamed, but they had no choice but to do it. Soon after, the miner went back to look there and found that the machine was still rumbling. So, while the boss was away, he asked the mine staff. The staff said that after he moved away from the mining machine, the owner of the small hydropower station quickly raised money to buy it. Mining machine, own electricity to mine...

I have unlimited enthusiasm for Bitcoin mining. The most friends in the circle are miners. I have endless enthusiasm for mining stories. Among the articles I have written, I think I wrote "The Magic and Reality of Bitcoin Mining" It is the first best, "" is the second best, and "He went into seclusion, leaving a prosperous age" written a few days ago is the third best. I wrote in the article "Magic Reality":

Civilization is always born in river basins. The river is the source, nourishes life, reproduces, worships gods, establishes order, establishes tribes, expands territories, and governs the country. The best is like water, with children on the river. Wind and steam engines drive ships from rivers to the ocean.

Dadu River is the largest tributary of the Minjiang River in the Yangtze River Basin. In May, I looked at the turbulent water of the Dadu River and recalled the gradual formation and sudden changes of human civilization in time and space. However, at this moment I am not a historian looking forward to the past, I am a visitor, waiting for someone, and watching the new mine, the coolest business in mankind at present.

Compared with coal mines, Bitcoin mines are smoke-free, low-carbon, green and environmentally friendly. There is no need for quality inspection, no defective products, no after-sales service, no triangular debt, cash on hand, no drinking water, no oil consumption, and just some electricity. In the ancient river basin, the operation of the cutting-edge blockchain civilization is being maintained, so this is the coolest business. "

Bitcoin mining has always been the coolest business. This time, thumbs up to the decision makers for their professionalism in rational science. Miners from all over the country, at this moment, let us raise a toast together, and drink from afar, for the cause we insist on, for the dawn of this spring, and hope that this spring will last forever.