Due to the cold wave in the United States, the increase in electricity prices has led to the first reduction in the difficulty of bitcoin mining since the end of September 2024. According to the statistics of bitcoin mining company Luxor, the United States accounts for 36% of the global bitcoin hashrate, of which Texas contributes nearly half. The polar cold snap in January caused the cost of electricity in the United States to rise, and mining companies' profits were frustrated. Mining difficul...
On July 21, the "Decision" pointed out that it is necessary to improve the price mechanism of factors mainly determined by the relationship between market supply and demand, and prevent the government from improper intervention in the formation of prices. Improve the mechanism in which factors of production such as labor, capital, land, knowledge, technology, management, and data are evaluated and contributed by the market, and the reward is determined according to the contribution. Promote pric...