Majority of Chinese miners are expecting a huge bump in the number of bitcoin buyers over the next six months or so. RockX on May 4 conducted a poll and the cryptocurrency service firm reports that 57% of the Chinese miners are confident that the number of people who would be willing to hit bitcoin now or in near future would be quite high.  The poll by RockX also included Yu Chao, Chief officer from F2Pool  and other prominent personalities from the bitcoin space.

The reason behind such aspiring confidence is that almost 71% of the Chinese miners believe the faith in the bitcoin market has been restored. 45% of the respondents are optimistic that the bitcoin price looks set to stay over the $10,000, around $12,000. The biggest nemesis of bitcoin has been its own volatility but 24% respondents believe that even that is set to stay stable, which would further invite more bitcoin buyers.  A few are a touch too optimistic and 14% believe that it would go past even $15,000.

Moreover, 57% of people expect a stable bitcoin hash rate too, in the range of 110 and 130 exahashes per day, according to <a href="https://bitinfocharts.com/comparison/bitcoin-hashrate.html" target="_blank" rel="noopener">BitInfoCharts</a>.
<h2>Old Antminer Useful Again According to Chinese Miners</h2>
The miners also believe that the old Bitmain's Antminer would be still profitable after the halving but are obviously aware they're not as efficient and profitable as the new ones before. The CEO of Alex Lam, also believes that the wet season in China could aid the Chinese miners further.

There's also a solid belief as almost 64%, amongst the bitcoin community think that the quantitative ease measures taken by the US economy would be a positive influence on bitcoin. While 12% believe that it'll have no impact on it. But all in all, with the halving so close, and the polls are anything to go by, bitcoin fans and potentially keep buyers are in for a treat.

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Chinese Miners Expecting a Surge of New Bitcoin Miners

A poll conduected by RockX suggests that the Chinese miners,expects a substantial rise in bitcoin buyers over the next six months.

Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.

Chinese Miners Expecting a Surge of New Bitcoin Miners

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