Notice of re-allocating Mars machines

Fact

Lately, crypto mining operation in China has been informed to the immediate & termless suspension for inspections by local authorities such as the Chinese National Development and Reform Commission (NDRC) branches and the Energy Bureau. Consequently, almost all miners in Inner Mongolia, Xinjiang and Qinghai are being forced to shut down one after another, an enormous number of mining rigs quit working, bringing the total network hashrate once falling below 100EH/s. In Sichuan, one of the largest hydro-based crypto mining hubs in mainland China, miners have just been informed as of late and even facing a more strict decree than other provinces, which is far beyond our expectation. It is obvious as never before that entire crypto mining industry in China is now under enormous pressure. Mining rigs migration is becoming the hottest topic in domestic mining market.

The Migration

In view of the tougher regulations of China and the pending uncertainties, there’s a consensus that moving overseas (ideally North America) ASAP as an approach to compliance would be the logical choice for the sustainable development of crypto mining operations, which is in fact what Mars team have been working diligent lately. As one of the leading firms in the field of crypto mining, the high standard operation and maintenance of crypto mining has always been our profession and priority. To proceed the relocation and take Mars project back to normal as soon as we can, operation team would pack and transport mining rigs to new sites, 35–40 days is the medium predict time. Once first batch landed and ran, pBTC35A/pETH18C output >0 again within real-time online ratio (for example, 2,000 miners start working in new site vs. total number 5,000, online ratio is 40% and 40% of nominal output then).