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r22o25l · 11 days
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recentlyheardcom · 2 months
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Bitcoin Price Surges Past $63,000: The Key Reasons
After a decline to $53,600 last Friday, the Bitcoin price experienced a major recovery over the weekend, exceeding the $63,000 threshold today. This marks a massive 17% increase since last Friday, reaching this level for the first time in two weeks. The rally can be attributed to several factors that collectively propelled the premier’s cryptocurrency’s price upward. #1 The “Trump Bitcoin…
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36crypto · 9 months
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Why Bitcoin Price is Up Today: BTC Hits $47k
The price of Bitcoin is significantly going up today December 9 due to confidence over a potential approval of a spot ETF by the SEC. The flagship cryptocurrency has witnessed a sharp price spike according to live data from CoinMarketCap. Earlier, the price of the coin topped $45,000 before retracting a bit and hanging around the $45k zone. However, a significant surge has pushed the price of the…
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wanxsb · 1 year
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How to Buy Mining Machines for Bitcoin Miners?
China is the world's largest producer of mining machines, designing, manufacturing, and supplying over 95% of the global mining machine market. Looking for and purchasing mining machines from the country of origin, China, has significant advantages in various aspects.
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Generally, when deciding to purchase mining machines, factors to consider include coin price, machine price, payback period, the development prospects of the coin, current mining difficulty, spot or futures, and machine condition.
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Before purchasing mining machines, you need to select the coins you believe have potential. Although most people invest in Bitcoin, every bull market brings forth a multitude of coins that can increase in value by hundreds of times. Therefore, when choosing which coin to invest in, factors such as risk coefficient, application scenarios, and future prospects should be considered.
Once you have identified the coin you want to invest in, you can proceed to choose the machine. Generally, machines with higher unit computing power prices have higher energy efficiency. This factor is not particularly important when the market is in a bull phase because high coin prices make almost all machines profitable. However, during a bear market, this factor becomes crucial. Many machines generate daily earnings that are insufficient to cover electricity costs, resulting in the need to shut down or idle the machines. In some cases, machines may even become damaged due to prolonged inactivity. For example, for machines mining Bitcoin, according to the price index on AsicFinder.com, the Whatsminer M53 248Th/s has a current unit computing power price as high as 19.40$ per TH/s
In addition to computing power prices, coin prices are another significant factor affecting mining return periods. Although the payback period may seem very short during a bull market, the fluctuation in coin prices often makes it difficult to achieve the ideal expected return period, resulting in holding positions at high prices.
Be cautious when it comes to new, small, and lesser-known coins. Newcomers to the market often fall into the trap of being blinded by current earnings, leading to massive investments and subsequent huge losses. Due to their small market capitalization and limited attention from mining machine manufacturers, newly emerging coins often have machines with relatively low computing power. Once a large number of machines with higher computing power enter the market, the entire market will be reshuffled, and the previously purchased low computing power machines will be completely eliminated by more advanced high computing power machines, resulting in significant losses for buyers.
The type of inventory, whether the mining machines are in stock or futures, is also a crucial factor. Purchasing futures, especially long-term futures, may appear cheaper. However, there is a possibility of a decrease in machine profitability before the machines are delivered. Additionally, for a mining machine with disruptive high computing power in the market, many manufacturers intentionally sell futures to collect down payments. When the machines are finally shipped, the sudden influx of high computing power machines in the market will render your seemingly considerable computing power earnings insignificant, resulting in significant losses.
Machine condition, although not a factor affecting the return period, is undoubtedly important. Machines with newer conditions and warranties can prevent you from spending a significant amount of time sending them back for repairs, which can affect mining earnings. This is especially true during a bull market, where the loss of one week of mining due to machine downtime can be staggering.
Machine price: For some experienced buyers or participants in the mining community, purchasing mining machines is not a difficult task. However, due to the relatively closed nature of the mining community and the lack of price transparency, if you do not conduct in-depth research on prices when purchasing mining machines, you may fall victim to scams. It is highly recommended to compare prices from multiple sources, even up to ten, to avoid falling into traps. You can also refer to the price index on AsicFinder.com, which is based on big data analysis of quotes from numerous mining machine suppliers in China. It provides a relatively accurate reference for prices.
Conclusion: When purchasing mining machines, it is essential to conduct thorough research and due diligence to ensure a successful mining investment. Factors such as selecting promising coins, considering machine efficiency and coin price fluctuations, being cautious with new coins, evaluating inventory types, machine condition, and comparing prices are crucial for making informed decisions. By following these guidelines, Bitcoin miners can increase their chances of success in the mining industry.
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political-depth · 10 months
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bydficom2 · 10 months
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BYDFI Crypto: Pioneering the Future of Digital Finance
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In the ever-evolving landscape of cryptocurrencies, BYDFI stands out as a trailblazer, reshaping the future of decentralized finance (DeFi). With a commitment to innovation and community empowerment, BYDFI Crypto introduces a new era of financial possibilities. From its groundbreaking technology to its community-centric approach, this crypto gem is set to redefine how we transact and invest in the digital age. Join us as we delve into the world of BYDFI, uncovering the potential it holds for revolutionizing the way we experience and engage with finance in the 21st century.
Website : https://www.bydfi.com/en/spot/btc_usdt
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bitcoingavel · 1 year
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Live Bitcoin Chart: Real-Time Bitcoin Price in EUR for Informed Crypto Decisions
Bitcoin Price EUR Free Tool:
Track Bitcoin's EUR price in real time. Navigate cryptocurrency trends, and make informed financial decisions. Stay updated
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Dear cryptocurrency enthusiasts, investors, and traders staying informed about the price of Bitcoin in EUR is very important.
Introducing to all of you the Live Chart Bitcoin online tool, your ultimate tool for up-to-date watching of Bitcoin's price in Euros (EUR).
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your1stcrypto · 1 year
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Real Time Bitcoin Price Live Today from Top 20 CEX in the world!
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recentlyheardcom · 2 months
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Bitcoin Price Soars Above $62,000 Again: Top 3 Reasons
The Bitcoin value data a significant rally in latest days. After plummeting to a low of $49,000 on Monday, the BTC value soared as excessive as $62,700 in the course of the Asian buying and selling session at this time. Thus, BTC has surged 24% from its Monday low. During the last 24 hours alone, BTC has risen by 7%. These are the important thing causes: #1 Fading US Recession Fears Gasoline…
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cryptomarkett · 2 years
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24 Hrs Crypto Update, March 5: Cryptomarket remain dull
The Crypto currencies market has been making headlines due to various financial collapses and the SEC's close monitoring of its highly volatile fluctuations...Read More
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shafiul1 · 2 years
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Unlock the Secret to Successful Short-Term Trading on the Crypto Market
Are you ready to join the crypto trading game but don't know where to start? Look no further! This video will guide you through the latest tips and strategies for making short-term trades on the cryptocurrency market. Discover how to navigate this fast-paced and highly volatile market, with key insights on market trends, technical analysis, and risk management. With the rise of digital assets, the crypto market has become a hotbed of activity, attracting investors from all over the world. But, with its rapid changes and unpredictable swings, it can be difficult to make informed trades. In this video, you'll learn from experienced traders and gain valuable knowledge on how to maximize profits and minimize risks in the crypto market. Don't miss out on the opportunity to be a successful crypto trader. Get the inside scoop on crypto trading tools and techniques, market indicators, and popular cryptocurrencies like Bitcoin, Ethereum, and Ripple. Boost your confidence and make informed trades with our comprehensive guide to short-term trading on the crypto market. Join the crypto revolution today! Watch the video and start your journey to successful short-term trades. In this video,we're talking about following survey sites
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zrypto · 2 years
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your1stcrypto · 1 year
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Leverage Your Profit by Trading ETF Tokens On These Centralized Exchanges
Leveraged ETF Tokens is great to make profit for short term/ day traders! Earn more cash on your capital by trading ETF tokens.
Find out how Leveraged ETF tokens works and how to make money online trading at these top centralized exchanges.
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cryptofinancetruck · 2 years
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Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC
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Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC | What is metaverse in Crypto? | Cryptocurrency Informative Video | Crypto Content | Cryptocurrency Knowledge | Cryptocurrency Information The term “metaverse” seems to be everywhere — in the news, on social media and even at the dinner table in your grandma's house. Although the technology is not yet widely used, it is quickly attracting the interest of cryptocurrency and tech investors. Metaverse coins represent an untapped market for 2022. Here are the top 5 best metaverse coins to buy if you want to go on a long vacation! Make sure to stick till the end of this video as we have a lot to cover. Welcome to the finance bro. Let's dive right in! What includes in this video? 1. The Sand Box (SAND) 2. ApeCoin (APE) 3. Decentraland (MANA) 4. Highstreet (HIGH) 5. Metahero (HERO) Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC | What is metaverse in Crypto? | Cryptocurrency Informative Video | Crypto Content | Cryptocurrency Knowledge | Cryptocurrency Information ✅🔥Trade hundreds of crypto-currencies with low fees on FTX, Use our referral code FINANCEBRO upon sign-up and get a free coin when you trade $10 or more. https://link.blockfolio.com/9dzp/8l3l9s0i Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC | What is metaverse in Crypto? | Cryptocurrency Informative Video | Crypto Content | Cryptocurrency Knowledge | Cryptocurrency Information Watch our other videos! 💸 Bitcoin Will Never be the Same after this. https://www.youtube.com/watch?v=Cdq6u2sIrzs 💸 What exactly is web 3 cryptocurrency. https://www.youtube.com/watch?v=3kUrlzxX4Yg 💸Top 10 benefits of cryptocurrency in business https://www.youtube.com/watch?v=fJLJpwK4-sg Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC | What is metaverse in Crypto? | Cryptocurrency Informative Video | Crypto Content | Cryptocurrency Knowledge | Cryptocurrency Information #cryptocurrencynews #cryptocurrency #bitcoin Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC | What is metaverse in Crypto? | Cryptocurrency Informative Video | Crypto Content | Cryptocurrency Knowledge | Cryptocurrency Information Disclaimer: Some of the links and products that appear on this video are from companies in which The Finance Bro will earn an affiliate commission or referral bonus. The Content in this video is accurate as of the posting date. Some offers mentioned may no longer be available or available in your country. This is not legal or accounting advice. This material is for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Always consult your own tax, legal and accounting advisors before engaging in any transaction. Top 5 Metaverse Cryptocurrencies to invest in 2022 | Top 5 METAVERSE CRYPTOCURRENCY for 2022 | BTC | What is metaverse in Crypto? | Cryptocurrency Informative Video | Crypto Content | Cryptocurrency Knowledge | Cryptocurrency Information
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