Hmm, why are they going after internet traffic and not checking power usages?
Flat power use with no gaps at night would be a clear indicator of continuous mining
This is google translate of course but...
It has been monitored that the export traffic of mining pools in our province carrying out virtual currency activities reached 136.77 Mbps, and the total number of Internet IP addresses participating in "mining" is 4502.
So mining in China with a Chinese pool is clearly a risk, seems like we're going to see a complete switch, from US and Eu miners mining with Chinese pools, Chinese mining with Foundry and Mara, this is going to be one hell of a twist.
Consumption of computing power resources exceeds 10PH/s, and energy consumption is 260,000 kWh/day.
Gues they added eth miners here, right?
10PH/s in S9s are 700 units, at 35kwh a day only 25 000kwh.
From the perspective of the ownership and nature of IP addresses, about 21% of the people belonging to party and government agencies, universities, and enterprises were invaded and used to carry out virtual currency "mining" behaviors.
This is not going to end well for the ones doing it...
Now, speculating,
we ignore luck cause it's no fun with it, we check the pace:
Current Pace: 97.0714% (530 / 545.99 expected, 15.99 behind)
and the raw conclusion would be that more miners have shut down (out of the ones still mining in China), enough to offset even efficiency balancing to due price rise and new gear beings shipped and installed.
And since we're back on track to 35 cents per TH, the price at $54.5k , isn't this one of those moments where everything is just too good?
And we went negative
It won't last.
Don't be such a panda