Sat, May 18, 2024

Biggest Cryptocurrency Bitcoin and Crypto Firm RockX

Major crytpocurrency and Asiane miners

It is not a secret that Bitcoin is the biggest and the oldest cryptocurrency on the market. Recently, the survey conducted by crypto services firm RockX once more highlighted the importance of Bitcoin. Let’s have a look at the results of this survey.

Notably, more than 57% of respondents believe that Bitcoin’s hashrate won’t change significantly after the halving.

Moreover, they expect that the hashrate to be between 110 and 130 exahashes per day. As of May 5, Bitcoin’s network had a hashrate of 127 exahashes per day.

Also, a majority of Chinese miners expect that Bitmain’s Antminer S9 still will be profitable after the halving. As a reminder, the Antminer S9 is the first Bitcoin mining application-specific integrated circuit based on a 16-millimeter process chip. Nevertheless, it is not the most efficient machine available on the market.

Importantly, the respondents expect the U.S. economy to influence Bitcoin in the future.

Crypto-related survey and interesting details about BitcoinCrypto community and Bitcoin halving

As stated above crypto services firm RockX conducted this survey. Also, a majority of Chinese miners expect a huge influx of new buyers within the next six months.

For instance, 57% of Chinese miners expect a large number of Bitcoin buyers to join the market in the near future. According to RockX, 42 prominent Bitcoin miners and members of the Asian miming community took part in this survey.

The Chief Operating Officer of F2POOL Yu Chao, and TokenInsight partner Wayne Zhao. Furthermore, the CEO of Pandaminer and OXBTC Wilson Guo and Bitmain APAC head of sales Fan Xiaojun were among the respondents.

Moreover, 71% of participants believe that the market has regained trust in this cryptocurrency. Also, 45% of the respondents believe that the price of Bitcoin will be between $10,000 to $12,000 in the next six months. Additionally, more than 14% stated that the price will exceed $15,000.

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