Category: News

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.

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.

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.

Generate 2.000€ Per Month With These 42 Miners From Home!

Unlocking the Potential of Cryptomining with the Asic Miner Kaspa ks0

On our exciting journey through the world of cryptocurrency, we want to take you to a new level of discovery with the latest video from Mining I go. In this video, we explore the astonishing performance of the Asic Miner Kaspa ks0a device that has been generating a buzz in the cryptocurrency community. Don't worry if you are new to this exciting world, because we will guide you through every detail.

Power and Efficiency of the Asic Miner Kaspa ks0

The Asic Miner Kaspa ks0 is a true technological marvel. This powerful miner is designed for mining cryptocurrencies Kaspa using the k-heavyhash algorithm. One of its most notable advantages is its energy efficiency. With a power consumption of only 65 watts per hour and the ability to operate on voltages ranging from 100-240V, the Kaspa ks0 is an environmentally friendly device that will not cause any noise in your environment, as it operates at only 30 decibels.

At Minando Voy, we offer you two options to explore this amazing world of cryptocurrency mining:

Kaspa ks0 of 100 g/h: This model is ideal for those who want to dive into cryptocurrency mining in an efficient and profitable way. You can get more information and purchase it here.
Kaspa ks0 Pro 200 g/h: If you're looking for even more performance, the Pro model is perfect for you. Get more details and purchase it. here.

42 Simultaneous Miners: Cracking the Profits

The video we present will take you on an exciting journey where 42 Kaspa ks0 miners operate simultaneously. The results are more than impressive, with estimated earnings of €2,179 per month. This feat clearly demonstrates the immense lucrative potential of cryptocurrency mining and how the Kaspa ks0 Asic Miner can be your partner in this financial journey.

Exploring the Fascinating World of Kaspa

But what is Kaspa? Kaspa is a cryptocurrency based on blockchain technology, a technology that it shares with Bitcoin and other popular cryptocurrencies. For beginners, it is essential to understand that a cryptocurrency is a form of digital currency that uses cryptography to secure and verify transactions made on its network. Kaspa stands out as a network specifically designed to address challenges and limitations seen in other cryptocurrencies.

One of Kaspa's most prominent features is its consensus algorithm, known as kPoW (Kaspa Proof of Work), which ensures the security and reliability of the network. What sets Kaspa apart from other cryptocurrencies is its efficient scalability, which allows it to handle a higher number of transactions per second and grow effectively as more users join the network. This scalability improves the speed and efficiency of transactions, which is critical to the widespread adoption of the cryptocurrency.

Kaspa prides itself on being a decentralized, open source network. This means that it is not controlled by a central authority and anyone can access its source code and contribute to the development of the platform. This encourages innovation and collaboration, making Kaspa an attractive option for those looking to participate in the cryptocurrency revolution.

The Advantages of KuCoin: Your Partner in the World of Cryptocurrencies

If you are thinking of venturing into the world of cryptocurrencies, KuCoin is an exchange platform you should consider. KuCoin is a leading cryptocurrency platform that offers a wide range of benefits, from creating secure wallets to participating in mining pools.

Some of the advantages of KuCoin include:

Diversity of Cryptocurrencies: KuCoin offers you access to a wide variety of cryptocurrencies, giving you the opportunity to explore different investment options.
Secure Wallets: The KuCoin platform provides secure and reliable wallets to safeguard your digital assets.
Mining Pools: KuCoin offers mining pool services that allow you to join other miners to increase your reward possibilities and optimize your mining experience.

Exploring the world of cryptocurrencies is exciting, and KuCoin is a reliable ally in this journey.

Winner of the Ledger and 50€ Binance Card draw

The winning account of this prize drawn by Minandovoy is @amomibeauty . Please contact us at [email protected]

We leave here the video where you can see the drawing and the moment when the winner is drawn:

DASH HALVING

The total rewards per Dash block will be reduced from 2.49 to 2.31 DASH when the block height reaches 1,892,161.

This block height is estimated to occur on approximately June 23, 2023.

The rewards per block of DASH received by Mineris will be reduced from 1.05 to 0.98 DASH.

WHAT IS DASH?

Dash is a cryptocurrency similar to Bitcoin, but with some special features. It was created in 2014 and focuses on offering fast and private transactions.

One of the interesting things about Dash is its decentralized governance system. This means that important decisions about the cryptocurrency are made democratically by the user community. All Dash owners can vote and propose changes to the network.

Another important feature of Dash is its focus on privacy. Unlike Bitcoin, Dash offers the option to transact privately. This means that transaction details, such as sending and receiving addresses, are not publicly visible.

Dash also stands out for its transaction speed. Transactions on the Dash network are confirmed much faster than on other cryptocurrencies. This is possible thanks to a technology called "Masternodes" that helps speed up the transaction verification process.

In addition, Dash has developed a feature called "InstantSend" that allows instant confirmation of transactions. This means that you can make payments and receive confirmation within seconds, which is very useful for fast, real-time transactions.

In short, Dash is a cryptocurrency that focuses on speed, privacy and decentralized governance. It offers fast transactions, optional privacy and allows users to participate in important network decisions.

WHAT IS HALVING?

When people talk about reducing the reward in cryptocurrencies, they generally refer to the process known as "halving" or "halving".

Reducing the reward on cryptocurrencies has several significant effects. First, it limits the rate of new coin creation, which helps to control inflation and maintain the relative scarcity of cryptocurrency. This can increase the perceived value of the cryptocurrency, as its supply is expected to become more limited over time.

In addition, halving can also affect the profitability and participation of miners. Miners are the participants who use their computing power to secure and validate transactions on the cryptocurrency network.

In general, cryptocurrency reward reduction is a mechanism designed to regulate the issuance of new coins and maintain the economic balance of the network.

BINANCE CARD DRAW (50€) AND A LEDGER

Hello Miners!

One of those sweepstakes that you like... and with very simple steps!

What can you win? A €50 binance gift card and a ledger.

How to participate?

Follow @minandovoycom on Instagram.
Mention two friends in the giveaway post on Instagram.
Share the Instagram giveaway post on Stories.

BONUS STEP: Subscribe to the Youtube channel of Mining I go

We leave you the legal bases by clicking here here.

New release: Bitmain Antminer S19K Pro

Mining Bitcoin is the process of validating Bitcoin transactions across the Bitcoin network by solving complex mathematical algorithms. The SHA-256 algorithm is specifically used in Bitcoin mining to validate transactions and add new blocks to the blockchain network. This validation process is known as Proof of Work (PoW) and prevents fraudulent activity. Miners require powerful cryptocurrency mining hardware with high computing power to perform mathematical calculations faster and find the correct hash value. The Antminer S19K Pro is a perfect solution for this purpose.

The Antminer S19K Pro is a high-end cryptocurrency mining machine designed specifically for mining Bitcoins using the SHA-256 algorithm. What makes the Antminer S19K Pro ideal for Bitcoin mining? It comes with advanced features, low power consumption, better cooling systems, and therefore better performance and optimized profit margins for miners. The Antminer S19K Pro is designed to provide miners with a reliable mining experience with excellent uptime and low failure rate. As a result, miners can stand out from the competition, successfully mine Bitcoins and maximize their profits.

Specifications:

Manufacturer: Bitmain
Model: Antminer S19K Pro 136 Th/s
Launch: April 2023
Size: 195X290X370mm
Weight: 13200g
Noise level: 75db
Fans: 4
Power: 3264W
Voltage: 12V
Interface: Ethernet
Operating temperature: 5 - 45 °C
Humidity: 5 - 95%

Is Bitcoin mining profitable?
The profitability of Bitcoin mining depends on several factors such as Bitcoin price, electricity costs, mining hardware costs, mining difficulty, etc. Although the difficulty of Bitcoin mining is relatively high, the Antminer S19K Pro makes it efficient with its excellent hash rate of 136 TH/s and power consumption of only 3264W. Highly energy efficient and with better speed, it enables miners to solve algorithmic problems faster and reap rewards.

However, other factors, such as price volatility and the initial investment cost of the Antminer S19K Pro, must be taken into account to accurately calculate profit margins. Although it will take time to cover the initial costs of the Antminer S19K Pro, miners will eventually make a profit. Therefore, do your research and consider all factors, such as electricity costs in your area of residence, hardware and software costs, and market trends, before investing in the Antminer S19K Pro to mine Bitcoin. We have compared the S19K Pro to other Bitcoin miners later in this blog to provide you with a better understanding.

How to configure a new Bitmain Antminer S19K Pro?
Setting up the Bitmain Antminer S19K Pro is relatively easy as long as you meet the technical requirements. For example, you will need an Ethernet network connection, an ambient temperature between 5 and 35 degrees Celsius, humidity lower than 65% and a browser such as Google Chrome or Firefox.

Bitmain has explained the configuration of a new Antminer S19K Pro on their support page in detail with pictures. Click here for more information about the setup of the Antminer S19K Pro from the manufacturer, Bitmain. If you have trouble setting up the Antminer on your own, you can ask for help from trusted cryptocurrency mining experts. Once you have all the technical requirements for the Antminer, you can start mining Bitcoins.

WINNER OF THE 3070TI GRAPHICS RAFFLE

Hi Miner, do you also want to win this great RTX 3070Ti graphics card? We'll tell you about the graphics raffle.
You only have to meet 3 requirements to be part of the sweepstakes:
1. Follow @minandovoycom on Instagram.
2. Mention two friends in this post (the more mentions, the more chances to win).
3. Share this post on your Instagram stories (if you have a private account, send us a screenshot).

These steps are very easy to follow so that everyone can enter the sweepstakes! Cheer up and participa👋🏻

⏱The draw will end on April 27th at 12:00 Spanish time (peninsular) 🇪🇸.
🗺 The draw is international.

You can consult the legal bases here.

The winner of the drawing is @m_exequiel22