Power cut in mining
legal representative: Zhang Jialiang
time of establishment: January 2, 2018
registered capital: RMB 10 million
Instrial and commercial registration number: 440108000263598
enterprise type: other limited liability company
address: Yimi maker space 20904, second floor, No. 31, Guangshan Third Road, Huangpu District, Guangzhou city
did you use the Avalon miner?
if you remember correctly, is the refresh time of all "day" CDs 3:00 a.m. or 4:00 a.m. every day.
secondly, mining requires the computer to be running all the time and can't be turned off, which requires a lot of computer. It is harmful for each part to do a lot of calculation for a long time, and it also requires high power supply for the computer
mining can't be powered off, and it needs to be recalculated after power off. Graphics card long time to do a lot of calculations will lead to greatly shorten the life of the graphics card, so their own home, do not recommend mining, mining is not as expensive as electricity.
is at least partly e to the encryption of currencies. The miners are panic buying a lot of graphics cards, making the supply problem more serious because of COVID-19. This kind of greed is not without cost. Iran found that there are more than ten large-scale infill mines, which need enough power to affect the power supply, and even led to the blackout in this middle east country. Since mid January, frequent blackouts have plagued Iran, which is nothing new to the local people. However, the new coronavirus epidemic, U.S. sanctions and other issues put Iran under great pressure. People think that the power failure is probably caused by these reasons. According to the Washington Post, some government officials accused the cryptocurrency mines of causing these problems, but the government's relaxed attitude towards the cryptocurrency mines may be the primary cause of the problems
of course, the construction of cryptocurrency mines is not something ordinary people can do, and it needs the permission of the government, but it is not an easy thing. In 2020, Iran will dismantle at least 1100 illegal cryptocurrency mines and reward anyone who can provide such information. However, the miners of cryptocurrency mines firmly deny that they are responsible for the problem, but they are likely to take part of the responsibility in the end, such as closing some cryptocurrency mines. Blackouts will have a great impact on social proction and people's daily life. Frequent blackouts will make Iran's problems more complicated. According to some experts, Iran is the third largest bitcoin procer in the world. Some of them believe that Iran is using bitcoin instead of the US dollar in order to avoid economic sanctions imposed by the US