What is worth digging – Bitcoin (currently the most efficient mining machine and price for digging Bitcoin)

08/05/2023 09:33 • NFT Newsflash • 98 views

What is worth digging – Bitcoin is global and decentralized, and it does not rely on currency or government power to establish and maintain a country’s sovereignty. It was born to solve this problem, so we now have many methods to achieve this situation: mining with our own funds Bitcoin is an economy that circulates through consensus mechanisms, achieving distributed accounting for peer-to-peer transactions in blockchain technology, and utilizing the immutability and transparency of blockchain technology to ensure the safe and stable operation of the entire digital asset system; Connect traditional financial systems to support payment services; Using Bitcoin to purchase goods and services as a means of settlement, thereby reducing costs, improving efficiency, and creating higher value through participation. The same applies to digital assets developed based on this technology, which have extremely high anonymity and high liquidity characteristics, can be freely traded by anyone, and can be issued, sold, and transferred without the trust of third-party institutions. What is Bitcoin worth digging for? Bitcoin is an open source technology solution. As more and more people join this network to explore and understand Bitcoin, they can discover the information behind Bitcoin. Bitcoin can also enable more people to access information on the internet through various means, including email addresses (IPFS), browser extensions, and more. These data can not only be used to verify the true existence of Bitcoin and pose a threat to the privacy of others, but also be used for personal gain, and so on. Why mining Bitcoin? Because Bitcoin does not have built-in security measures, it is difficult to determine its source or how it was obtained. If you want to know how to understand its origin, you must first take a look at the origin of BTC. At present, there are some basic components of BTC:

1. Public chain ecosystem

2. Cryptographic economic model

3. Currency price trend analysis

4. Market trend

5 Mining return analysis

1. Price changes

2. Investment return

6. Inflation risk control method

7. Mining cycle determines investors’ investment strategy

8. Price fluctuations after halving

9. Mining profit margin

10. The number of Bitcoins with a market value of over 20% of the total supply

Bitcoin has always had a strong upward momentum since its inception. But recently, due to various reasons, I personally believe that not everyone is optimistic about the future development direction of Bitcoin, but I believe that many uncertain factors will affect my decision-making process. Actually, I prefer to extend the time a bit. In the long run, I suggest that everyone should not overly focus on short-term things Another viewpoint is that there may be a certain deficit phenomenon after buying. For example, when you hold Bitcoin, your expected loss may reach tens of thousands or even tens of thousands of dollars, but once you sell it, you will lose all your positions. This is the reason I mentioned at the end of the article

At present, the most efficient mining machine for Bitcoin and its price

were announced on the official website of Bitmain in the early morning of this morning. It is expected that S19 mining machine will be officially offline in November this year. It is reported that the performance indicators of Ant Mining Machine have reached over 100T per Digging Bitcoin, and can also withstand higher prices At the same time, in response to the current market situation, Shenma M30 series and Xindong A9 products have been updated and optimized to improve mining efficiency. According to public information, Shenma M3++, Ant L3+, Avalon A8Pro and Wingbit E21 are currently the most suitable machines for digging Bitcoin.

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