The founder of the Shinma Miner Yang Jing Hing: The golden time for bitcoin mining is over
On 28 July, at the Money Fronter 2026 New Capital Chile Summit, Dr. Yang Zhengheng, founder of the Shinma Miner and Chairman of the Director of Microelectronic Research, stated that the gold time spent digging in Bitcoin had passed, and that the first high point in the gold time spent digging in Bitcoin had been 2017, when industrial machines sold between 30 and 40 billion and 80 to 90 per cent of the gross profit of certain companies. The second high point was 2021, with sales of between $30 billion and $40 billion, and Māori between 50 and 60 per cent. The third high point was 2025, when sales were close, but only 20 to 30 per cent of Māori. The heights go down, and the golden time is over. AI is robbing money and electricity, and mining opportunities continue. But bitcoin mining will not die immediately, with long long tails, with three new directions: first, gas mining; second, a blender in the AI data centre; and third, solar-scale mining。
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