By the end of 2024, Bitcoin price is expected to reach $100,000! The crypto bull market is back. Bitcoin, the top cryptocurrency, could hit $100,000 by the end of 2024, according to a report by Jeff Kendrick, head of digital asset research at Standard Chartered Bank. By the end of 2024, we could see Bitcoin (BTC) reaching the $100,000 level , as we believe the much-hyped "crypto winter" is finally over. According to Kendrick, Bitcoin could benefit from many factors. For example, recent instability in the banking sector due to the end of the Fed's rate hike cycle and the increased profitability of cryptocurrency mining. As uncertainty persists, Kendrick believes the path to the $100,000 level is becoming more apparent. Bitcoin has bounced back this year, topping $30,000 for the first time in 10 months. However, the crypto industry lost trillions of dollars in 2022 after the Fed raised interest rates. Observers Are Arguing About Bitcoin Standard Chartered isn't the only
Rack-Style New Miner Releases, Bringing Next Level Computing Power Bitmain is officially announcing a new rack-style mining equipment – AntRack. Featuring a hot-swappable modularized configuration, it is easy to deploy and upgrade with no need to turn off, and the rack-style design is an excellent option for customers of large-scale operations. AntRack demonstrates strengths in terms as following: Easy to Deploy and Expand AntRack adopts a module design, including five key modules – 1 Rack, 1 Switch Board, 4 Servers, 1 Main Control Panel, and 1 Water Cooling System, and the crucial parts – hash board, control panel, power supply unit (PSU), and fans – are all hot-swappable for optimized operations, significantly reduces the risk of machine depreciation while maximizing the effective mining time, making it a perfect option for customers looking to manage expansion cost and raise the rate of return. As long as the location allows, customers can set up as many AntRacks as needed, easy to