Bitcoin Forum

Other => Beginners & Help => Topic started by: Charles-Tim on October 12, 2020, 09:39:15 PM



Title: The first-ever mining hardware marketplace just launched
Post by: Charles-Tim on October 12, 2020, 09:39:15 PM
Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardwareThe company's CEO Artem Bespaloff told Cointelegraph that he has created a trusted platform for second-hand mining equipment that operates without any middlemen:

"[It's] the first and only online marketplace where buyers can interact directly with sellers through the platform and not have to use any brokerage services or Telegram channels (I call them 'sketchy' Telegram channels) because all sorts of things go on there. And we decided to create this ecosystem where buyers and sellers deal together between themselves."

A sample listing. Source: Asic Jungle.

Get the full news from the link below
This company presents an alternative to "sketchy" Telegram channels for second-hand mining equipment.
https://cointelegraph.com/news/the-first-ever-mining-hardware-marketplace-just-launched

Since 2009 when bitcoin was created, although there are times when bitcoin hash rate fall but over long period of time time now, bitcoin hash rate is been recorded to be increasing, this year 2020 after halving that bitcoin hashrate reach all time high, the hash rate has continue to increase, the more increase in the hash rate, the more increase will be in mining difficulties, in september 2020, bitcoin experienced two massive mining difficulty adjustments because of increase in hashrate as a result of more miners used in bitcoin mining.

https://cointelegraph.com/news/is-a-bitcoin-death-spiral-imminent-following-yesterday-s-massive-difficulty-adjustment
Bitcoin have recently in september, 2020 experienced record-setting hashrate increases, indicating there will be no lack of interest in mining equipment in the near future.

Bitcoin mining difficulty. Source: Glassnode
https://studio.glassnode.com/metrics?a=BTC&m=mining.DifficultyLatest&mAvg=7&s=1232064000&u=1600646400&zoom=

Bitcoin hashrate and block time (14-day average). Source: Glassnode.
https://studio.glassnode.com/compare?a=BTC&a=BTC&c=&c=&e=&e=&m=mining.HashRateMean&m=blockchain.BlockIntervalMean&mAvg=14&mAvg=14&mMedian=0&mMedian=0&mScl=lin&mScl=lin&miner=&miner=&resolution=24h&resolution=24h&s=1587877241&u=1600560000&zoom=

What comment do you people have about this mining hardware marketplace?