Month: March 2024

Could BTC surpass six figures in the coming months?

In recent days, the markets have observed how the price of oil has been rising. Bitcoin (BTC) reached new all-time highs, surpassing $70,000. However, a closer reading of activity on the blockchain reveals a strikingly different picture.

According to data tracked by Glassnode, the dollar value of average transfers on the Bitcoin blockchain remains significantly below the peak reached in 2021. This discrepancy between the rising price and economic activity on the blockchain partly reflects a strong withholding sentiment in the market, a research firm notes.

Blockware Solutions analysts, in their latest Blockware Intelligence newsletter, note: "Average transfer volume on the blockchain (in dollar terms) is well below the 2021 bull market peak. Hardly any value is moving on the blockchain. No one wants to sell.

Glassnode's metric considers the US dollar value of total BTC transferred on the blockchain, only accounting for successful transfers. At the time of going to press, the average volume of seven- and 14-day transfers was below $200,000, in stark contrast to $1 million and more during the 2021 bull market.

The recent approval of spot Bitcoin ETFs by Wall Street, listed on the Nasdaq, has been pointed to as the main reason behind Bitcoin's latest rally. This has resulted in a concentration of spot volume in ETFs, which also explains the low volume on the blockchain.

However, other indicators suggest that investors who survived the bear market of 2022 are holding on to their bitcoin reserves in anticipation of a continued rise in prices. For example, the percentage of bitcoin supply that was last active three to five years ago continues to rise.

Analysts project that Bitcoin's price could surpass six figures in the coming months, even topping $150,000. Blockware analysts add: "When we see the price really start to move, volume on the blockchain will skyrocket. Older coins will be sold on the exchanges. Until then, low volume on the blockchain is a sign of supply-side illiquidity.

Discover the Future of Cryptocurrency Mining: The Asic Goldshell KA BOX KAS Miner

Overview: Introducing the Miner Asic Goldshell KA BOX KAS, a cutting-edge solution designed for cryptocurrency enthusiasts Kaspa. With its remarkable efficiency and quiet operation, this miner is the perfect addition to any home mining setup. Experience the power of 1.18 TH/s at just 400W, all housed in a compact and sleek design.

Characteristics:

High Performance Mining: Achieves an impressive hash rate of 1.18 TH/s for mining the Kaspa cryptocurrency, ensuring optimal efficiency and profitability. Energy Efficient: Operates on as little as 400W, making it a cost-effective choice for long-term mining operations. Quiet Operation: With a noise level ranging from 0-35 dB, it is designed to blend seamlessly into your home without causing a disturbance. Compact and Lightweight: With dimensions of 198x150x96mm and a weight of only 2.3kg, it allows for easy placement and setup. Optimal Operating Conditions: Works best within a temperature range of 0-35°C, ensuring stable performance under various environmental conditions. Versatile Power Compatibility: Supports 100-240V input voltages with a 10A power cord, meeting global electrical standards. Advanced Cooling: Equipped with a high-speed 4500RPM fan to maintain optimal operating temperatures. Future Ready: Launched on 13.03.2024, it represents the latest in Asic mining technology.

Why choose the Goldshell KA BOX KAS?

Home Friendly Design: Quiet operation and compact size make it an ideal choice for home miners. PSU not included: Offers flexibility to choose a PSU to meet your specific needs. Requires 2x 6-pin PCIE with at least 400W. Cutting-Edge Technology: Stay ahead of the mining game with the most up-to-date equipment, designed for efficiency and performance. Elevate your mining game with the Asic Goldshell KA BOX KAS Miner. Whether you're an experienced miner or just starting out, this device offers the perfect combination of power, efficiency and convenience, making it an essential component of your mining platform. Get ready to mine the Kaspa cryptocurrency like never before!

How to generate passive income at home with ASIC KS0 PRO

If you are looking for a miner with which to enter the world of cryptocurrency mining with a controlled investment, but with good profit figures, this should be your choice. Enter the world of mining with the hand of the KS0 ProYou won't regret it! You will generate passive income every day.

Why choose the KS0 Pro cryptocurrency miner?

There are many reasons why they strongly recommend choosing a KS0 Pro, among them the investment/benefit ratio, which is very positive. But there are other factors, such as the low noise level generated or low power consumptionThe miners are a very interesting option.

It is a recently launched miner, a ASIC designed for home mining, ideal for all those who want to enter the world of cryptocurrency mining.

Another great advantage of the KS0 Pro is that it can be used for no special adaptations required in the mining environment. Unlike other ASICs, which often require properly ventilated and cooled spaces, the KS0 Pro features two fans and a heatsink-like shape, ensuring highly effective cooling without generating enough heat to require adjustments to your environment.

Therefore, its installation does not require anything extraordinary and can be carried out in any home. Its current performance puts it at the forefront of cryptocurrency mining. The KS0 Pro stands out for its 200 GH/s hashrate..

Cost-effectiveness and consumption of the KS0 Pro miner

With an electricity consumption of approximately 5 euros per month, the Iceriver KS0 Pro is capable of generating around $50 per month at the moment. In addition to its economic efficiency, it stands out for its ability to operate in silence, registering noise levels of less than 50 decibels. These noise levels are very low compared to similar equipment.

KS0 Pro Technical Specifications

It is a machine with impressive features:

KAS hashrate: 200GH/S (±10%).
Power consumption: 100W/h (±10%).
Compact dimensions: 200x194x74 (millimetres).
Net weight: 2.5 kilos.

Because of its features, coupled with its effortless connectivity, as it connects via Ethernet, this mining equipment has established itself as the preferred choice for many users.

Where to install KS0 Pro?

Due to its characteristics, and above all taking into account its size, weight and consumption, this mining equipment can be installed in almost any space. Thanks to its low noise levels, and the fact that it does not emit heat, this miner can be installed in homes, garages or premises without any problems.

Minandovoy Revolutionising Cryptocurrency Mining with Electric Hosting in Dubai

Dubai, the Epicentre of Energy Innovation for Cryptocurrency Mining

In a world increasingly driven by blockchain technology and cryptocurrencies, energy efficiency is becoming a central concern for miners around the world. It is in this context that an innovative solution emerges from Dubai, which promises to change the landscape of cryptocurrency mining: the Electric Hosting in Dubai.

Transparent and Affordable Fixed Costs

The Electric Hosting in Dubai offers a transparent and affordable fixed cost structure for miners. With a price per kWh of only 0.07 $/kWh, electricity costs are significantly reduced compared to other regions, providing a more cost-effective environment for cryptocurrency mining.

In addition, with an installation cost of €125 per machine and an annual maintenance charge of €60, miners can plan their expenses with clarity and confidence. Shipping the machines from Hong Kong to Abu Dhabi and then to Hosting costs a total of €300 per machine, ensuring efficient logistics with no additional surprises.

Hosting Flexibility and Security

Electricity Hosting in Dubai offers flexibility in electricity payments, allowing for monthly or block options of 3 or 6 months. With a minimum 12-month contract, miners can operate with peace of mind and long-term stability.

In addition, the slot where the machine(s) are located is protected by a 24-hour alarm and video surveillance system, providing unparalleled security for mining equipment.

State of the Art Machines at Competitive Prices

At Electric Hosting in Dubai, state-of-the-art machines are offered at highly competitive prices. The model BITMAIN KS3 (KAS) - 9.4 TH/s, the ANTMINER L7 9.5 TH/s and the Bitmain Antminer KS5 20 TH/s provide exceptional performance with optimised energy consumption.

Priced at 18,000 Euros, 6,000 Euros and 31,600 Euros respectively, these machines offer a perfect balance between performance and profitability. With well-calculated monthly electricity consumptions, miners can maximise their profits while minimising their operating costs.

Bitmain Antminer KS5 20 TH/s Electrical Power Calculation

The Bitmain Antminer KS5 20 TH/s consumes 3000 W/h. With a price of 0.07 $/kWh and a consumption of 3000 W/h, the monthly electricity cost would be approximately 142 Euros in Dubai Hosting compared to 269 Euros in Spain.

In short, Electric Hosting in Dubai represents a step forward in the cryptocurrency mining industry, offering a unique combination of low costs, operational flexibility and robust security. With Dubai at the forefront of energy innovation and Minandovoy at the forefront, the future of cryptocurrency mining has never been brighter.

MinandoVoy introduces the new Bitmain KS5 and KS5 Pro for kHeavyHash revolutionising cryptocurrency mining in Spain.

MinandoVoythe leading cryptocurrency mining services platform, is preparing to welcome the anticipated arrival of the Bitmain Antminer KS5. With its commitment to offering miners access to the latest and most powerful technologies, MinandoVoy keeps an eye on every development in the industry to ensure that its users can acquire cutting-edge equipment. The inclusion of the KS5 in its portfolio promises to provide miners with a unique opportunity to enhance their hashing capabilities and optimise their operations in an ever-evolving market. With MinandoVoy's reputation for reliability and excellence in customer service, miners can be confident that they will have access to the KS5 and comprehensive support to maximise their crypto mining potential.

Bitmain enters the game with the KS5

The incursion of Bitmain in the kHeavyHash market with the KS5 represents a crucial milestone. This new ASIC promises remarkable performance at a competitive price, which could be a game changer in kHeavyHash mining.

Analysing the versions of the Bitmain KS5:

The Bitmain KS5 comes in two versions:

KS5 (20Th)The hashrate of 20 terahashes per second (Th/s), a power consumption of 3000 watts (W) and an energy efficiency of 150 joules per terahash (J/T). The price is estimated at €1,914/Th, equivalent to €38,280 per unit.

KS5 Pro (21Th)This version offers a slightly higher hashrate of 21 Th/s, but also consumes more power (3150 W) while maintaining the same energy efficiency of 150 J/T. Its price is estimated at €40,194 per unit.

The Bitmain KS5 Pro marks a new dawn for Kaspa mining. With a hashrate of 21 terahashes per second (Th/s) and an energy efficiency of 150 J/T, this ASIC has been designed specifically for mining Kaspa, an innovative cryptocurrency that aims to revolutionise the blockchain ecosystem.

Kaspa: A project with Immense Potential

Kaspa is based on the Proof-of-Work (PoW) kHeavyHash consensus algorithm, designed to be resistant to centralisation and ASIC-resistance. This innovative approach aims to create a fairer and more equitable mining environment.

The KS5 Pro: Pushing Kaspa mining to new horizons

The KS5 Pro's features make it the ideal tool for taking full advantage of Kaspa's benefits. Its unprecedented hashrate and enviable energy efficiency allow miners to achieve higher rewards with significantly lower energy consumption, resulting in significantly higher profitability.

A bright future for Kaspa's mining industry

The launch of the KS5 Pro marks a milestone in Kaspa's mining history. This next-generation ASIC opens the door to an era of greater efficiency, profitability and decentralisation, cementing Kaspa as one of the most promising cryptocurrencies on the scene today.

Scarcity drives desire for the Bitmain KS5 Pro: Only 600 units available

What has really raised interest in the KS5 Pro is its exclusivity: only 600 units will be produced, making it a collector's item for mining enthusiasts. This scarcity, combined with its exceptional performance, has boosted demand for the KS5 Pro, creating a market eager to acquire one of these prized units.

Discovering the New EZ100 Ethash/ETC+ZIL ASIC: Innovation in Cryptocurrency Mining

In the competitive world of cryptocurrency mining, the search for efficiency and optimal performance never ceases. Amid this dynamic landscape, the new EZ100 Ethash/ETC+ZIL ASIC emerges, promising to revolutionise the market with its power and advanced capabilities.

Technical Highlights

The ASIC EZ100 Ethash/ETC+ZIL is a technological feat with a hash rate of 12.8 GH Ethash/ETC+ZIL and a memory of 5.18 GB. Its power consumption of 2300 watts positions it as an energy efficient option. This combination of power and efficiency puts it at the top of the competition, offering exceptional performance for miners.

Profitability and Earning Potential

While its starting price of $25,380 may seem high, the EZ100 Ethash/ETC+ZIL offers impressive profitability. With a profit potential of approximately ~$70 per day at the current coin price, this ASIC stands out as a lucrative option for those looking to maximise their profits in the crypto market. Its ability to mine the most profitable coin combinations before the cost of electricity makes it an attractive option for serious miners.

Limited Availability and High Demand

With only 20 units available for the late March batch and 50 units for the April batch, demand for this device is high and availability is limited. This shortage of available units underlines the innovation and interest that the EZ100 Ethash/ETC+ZIL has generated in the cryptocurrency mining community.

In summary, the new ASIC EZ100 Ethash/ETC+ZIL marks a milestone in cryptocurrency mining technology, offering exceptional performance and attractive profit potential. With its launch, the cryptocurrency mining landscape evolves once again, showcasing the constant advancement and innovation in this ever-changing industry.

"Bullish Trends: Bitcoin Reaches New Record High and Promising Prospects".

5 March 2024, Bitcoin (BTC) reached a remarkable milestone by surpassing USD 69,200, setting a new all-time high for its value. This milestone came on the back of a 5% surge in the last 24 hours, reflecting renewed investor confidence in the leading cryptocurrency. This achievement follows a 21% rise over the previous week, breaking the previous record of USD 68,990 set on the Coinbase platform in November 2021.

The BTC price rally is attributed to several key factors, including the entry of new bitcoin exchange-traded funds (ETFs) in the United States. These ETFs have generated growing demand, confirming bitcoin's position as a reliable store of value in global financial markets. Bitfinex analysts have issued bullish projections, predicting a conservative range of between $100,000 and $120,000 for the Bitcoin price by Q4 2024. They further suggest that the peak of the bull cycle could occur sometime in 2025, marking a milestone in total cryptocurrency market capitalisation.

The rise of bitcoin ETFs has been a significant catalyst in this price increase. To date, these financial products have accounted for approximately 75% of new Bitcoin investment, demonstrating growing institutional interest in the world's largest cryptocurrency. Experts also anticipate that bitcoin ETFs could surpass gold ETFs in assets under management within the next two years, underscoring Bitcoin's growing appeal as a diversified and lucrative asset class.

Despite the prevailing optimism, many analysts predict a bullish outlook for Bitcoin in the near future. The halving of the block reward per mined block, an event that occurs approximately every four years, is expected to further boost Bitcoin's price. This historic event, known as halving, has traditionally proven to be a catalyst for significant increases in the Bitcoin price in previous cycles. Experts believe that the combination of the deflationary impact of halving and the growing demand for Bitcoin ETFs could lead to a sustained increase in the price of the leading cryptocurrency. This bullish outlook highlights Bitcoin's potential as an attractive investment in a changing and increasingly digitised economic environment.

In conclusion, Bitcoin's new all-time high represents a significant milestone in the evolution and adoption of cryptocurrencies globally. As Bitcoin continues to gain legitimacy and acceptance in traditional financial markets, its value and relevance are likely to continue to increase in the coming years, offering new opportunities and challenges for investors and cryptocurrency enthusiasts around the world.