Zhang Wencheng, Sales Director of Shenma Miner, said: You should calculate the payback period when buying a machine. The chip production capacity is limited in the first half of the year.

On February 13, hosted by Biyin Mining Pool and exclusively broadcast by Golden Finance, the second issue of Biyin Guest Room: Can I still enter the mining market now? (II) In "Teaching you how to maximize mining profits", Zhang Wencheng, sales director of Shenma Mining Machine, said:

In 2019, the sales volume of Shenma mining machines reached 600,000 units, soaring to the first place in the industry. Technically speaking, mining is to obtain digital currency rewards by competing for the right to record accounts through hash operations on specific equipment. From an investment perspective, mining is a risky investment with a one-time deposit and zero withdrawal.

There are many factors that affect the income from mining, including the cost of mining machines, mining machine performance, electricity costs, network difficulty, and currency prices. All variables that affect the cost of obtaining Bitcoin are influencing factors. Investors usually use the current variables that can be determined to calculate the payback period.

You can start mining at any time, provided that you control the cost of the mining machine and electricity. Some investors can have very cheap electricity, so they can choose products with relatively low unit cost, which will shorten the payback period. For customers who do not have a particularly advantageous electricity cost, they can choose products with better power consumption ratio, because low-power machines have a long life cycle, and a longer life cycle means that you can obtain more Bitcoins and have greater profit potential. The quality and stability of the mining machine should also be taken as an important reference.

Regarding the machine chip production capacity in the first half of the year, it may be very limited. The production capacity of advanced process chips is limited, and there is not enough for digital currency. It is not a high priority. It is meaningless to make 10nm and 16nm chips.