On June 27th, the daily income of Ethereum miners was approximately $1.85 per 100 (MH/s). In the past month, especially in the last two weeks, the revenue has increased by 60%, reaching its highest level on July 25th at 3.27 US dollars (22 yuan) per 100 (MH/s), after which the indicator fell back to 3 Around the dollar.
In the same period, the price of Ethereum rose by more than 40%, from $229 on June 27 to $327.99, setting a new high in 2020.
On July 22, the total market value of decentralized financial DeFi exceeded $11.5 billion. A large amount of DeFi hype caused the transaction volume of Ethereum to surge, and the transaction volume brought by the surge of Ethereum pushed the daily income of miners to two. The highest level of the year.
According to the blockchain browser Etherscan, the total computing power of the Ethereum blockchain, the world's second largest by market value, has been stable at around 190 petahash per second. In fact, data from Bitinfocharts shows that in the first quarter of this year, the daily mining revenue of Ethereum was once below $2 per 100 MH/s, and fell to every 100 MH/s after the crypto market crashed on March 12 1. Over the past few months, Ethereum's daily mining revenue has tripled.
At present, some of the most advanced Ethereum mining equipment, such as the A10 Pro with 500 megahash per second (MH/s) and a power consumption ratio of 1.9w/m, are the current price of Ethereum and Calculated by mining difficulty, it can generate an income of 13 US dollars (100 yuan) per day. According to the data on the profitability level of the mining machine, the daily electricity consumption cost of an A10 Pro Ethereum mining machine is RMB 8 yuan, and the daily net profit is nearly 90 yuan.
This income has surpassed some top Bitcoin miners. Although the price of Bitcoin exceeded $11,000 for the first time since September 2019, the difficulty of Bitcoin mining is still at the highest level in history. Therefore, even the most efficient Bitcoin mining machines, such as MicroBT's WhatsMiner M30S++ and Bitmain's AntMiner S19 Pro, can only generate a daily income of $9 (63 yuan) per day. Calculated based on the current price of Bitcoin and the difficulty of mining, a more efficient Bitcoin mining machine (within 40w/T power consumption ratio) can generate a net profit of approximately US$6.50 (45 yuan) per day. The daily income of Ethereum miners is around RMB 90, which is twice the daily income of Bitcoin miners, completely crushed.
Since the birth of DeFi (decentralized finance), it has received great attention from a large number of investment institutions and retail investors. At present, the number of downloads of DeFi wallets has exceeded 5000, far exceeding the number of downloads of other types of DAPPs. Among the DAPPs developed based on Ethereum Number one. According to the current popularity of DeFi and the download speed of the wallet, it will definitely exceed 6,000 in the next few months, and will bring more transactions to Ethereum at that time, plus the approaching date of the 2.0 version, two The good news will boost the price of Ethereum so that the income of Ethereum miners will also increase, and the daily income gap with Bitcoin miners will gradually widen.
After knowing the future potential of Ethereum, if you want to invest in Ethereum, it is now at the time of Ethereum's correction, which is an excellent opportunity to enter the market.
However, Lucian, the chief analyst of the BitOffer exchange, believes that buying Ethereum spot is not as good as buying the Ethereum ETF fund (ETH3X) launched by BitOffer. The income starts at a minimum of 3 times, and the intelligent dynamic position adjustment mechanism and fund compound interest calculation are also added. Up to 17 times.
According to data analysis of the BitOffer exchange, in the past week, the Ethereum ETF (ETH3X) rose from 6 US dollars to 16 US dollars, an increase of 160%, and the return was significantly higher than the spot. With the support of DeFi and version 2.0, if Ethereum rises by more than 5 times in the next few months, the Ethereum ETF fund (ETH3X) will grow by as much as 85 times.
At this time, if you spend 10,000 US dollars to buy Ethereum spot, then the Ethereum skyrocketed 5 times, you can make up to 5 times, and 10,000 US dollars will become 50,000 US dollars. But buying Ethereum (ETH3X) is different. If Ethereum really skyrocketed by 5 times, you can earn up to 85 times the income, 10,000 US dollars will become 850,000 US dollars, the income is 17 times the purchase of spot, the two are exactly The difference is 800,000 US dollars. Anyone with a discerning eye can see that it is more cost-effective to buy an Ethereum ETF fund (ETH3X)!