Under the withdrawal policy of virtual currency mining in various places, domestic mining practitioners have turned their sights overseas, and some miners with “no electricity to mine” have begun to sell mining machines.

On June 23, the miner Chen Jiu (pseudonym) told the news reporter that all the 85 mining machines in his hand had been sold, and he “will buy it after the overseas stabilizes.” Its mining machines were originally hosted in Yunnan and Xinjiang. Some powerful companies are buying mining machines, and the latter are buying mining machines overseas.

Chen Jiu revealed that his cousin bought Ant S17 at a price of 16,000 yuan at the end of May, and now sells it at a price of more than 6,000 yuan, with a loss of about 60%. However, his own Ant S17 was bought 2 years ago, and the purchase price is about 5,000 yuan.

According to media reports, a large number of second-hand machines have poured into the market recently. In order to relieve the pressure of customers’ shipments, Bitmain suspended the sale of spot machines.

However, not all miners intend to sell mining machines. “It’s not worth selling now,” Wu Jin (pseudonym), another miner, said frankly that he did not sell the mining machine. “Let’s put it here first, and maybe follow the big army to go to sea.” Datian, a mine owner in Sichuan, also told a reporter , His mines have been closed, the machines he owned have not been sold, and he plans to go to the US in the near future.

According to the mining machine manufacturer Canaan Technology’s WeChat public account on June 23, Canaan Technology officially opened its self-operated mining business in Kazakhstan. The Avalon mining machine was put on the shelf and started up. Another mining machine manufacturer, Bitmain, also announced today that it held a customer information exchange meeting on June 19, at which customers will connect with each other’s resources such as overseas power and mines to try to recover investment losses and strive to achieve a smooth transition.

Bitmain also stated that at the meeting, it shared its experience and experience in overseas registration of enterprises, construction of mines, recruitment of employees, language translation, and compliance operations. Suggestions and invited guests from the United States and Kazakhstan to provide clients with local legal and tax advice.

Just a few months ago, the former hot scene of virtual currency mining in China seemed to be still in sight.

On January 2 and January 8, in just one week, the price of Bitcoin broke through the $30,000 and $40,000 mark in succession. At the same time, Bitcoin Mining has appeared twice with the words “Bitcoin mining takes 12 months to pay back” and “Bitcoin mining machine prices doubled but still in short supply”.Hot search.

“I bought 30 68t Shenma M20s at an average price of 6,500 yuan per unit in the summer, and now the machine has risen to 14,500 yuan per unit.” The miner once told a news reporter in January, “Ant mining machine is more difficult to grab than Xiaomi mobile phones. Every time it is officially released, it is robbed in one or two seconds. The current orders seem to be shipped in August.” br>

In March, a mine owner in Sichuan revealed in an interview with a news reporter that his mine will be 1T (a unit of computing power) in 2020, which is the network processing capacity of Bitcoin. Unit of measurement) the income is 0.5 yuan, 0.6 yuan, and now the income of 1T can reach 2 yuan.

However, due to the virtual currency mining industry’s reliance on electricity, energy consumption issues and its doubtful actual economic value, it has become the main reason for the withdrawal.

As early as the end of February, Inner Mongolia took the lead in proposing a comprehensive clean-up and shutdown of virtual currency mining projects by the end of April, and prohibiting new virtual currency mining projects.

However, at that time, the historically high bitcoin price and the high market sentiment were constantly refreshing. This incident did not arouse too much vigilance in the mining circle. At that time, some people in the market believed that Inner Mongolia’s policy was negative for the virtual currency trading market; but other people thought it was positive. The more mines closed, the less market supply. On the other hand, Inner Mongolia has always held a strict regulatory attitude towards virtual currency mining. Sichuan and Yunnan, which have sufficient hydropower, are about to start the wet season, and Xinjiang, which has sufficient thermal power, can still mine. Therefore, mining machines have only been transferred from Inner Mongolia to the above-mentioned areas.

But on May 21, the Financial Stability and Development Committee of the State Council proposed to resolutely prevent and control financial risks, crack down on Bitcoin mining and trading behavior, and resolutely guard against individual risks to the society. Field delivery. The policy of shutting down virtual currency mining projects has risen from the local level to the central level.

Since then, not only Inner Mongolia has once again issued a policy to combat virtual currency mining, but Qinghai, Sichuan, Xinjiang, Yunnan and other provinces have also issued documents for rectification. The virtual currency mining industry is facing a complete cleanup. With the retreat, overseas has become the choice of many mining workers.

“Many people actually don’t want to cross the ocean because of helplessness.” Wu Jin said.