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By the end of 2024, Bitcoin price is expected to reach $100,000! The crypto bull market is back

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

What to pay attention to when buying a miner power supply?

What to pay attention to when buying a miner power supply

The price of Bitcoin is one price per day, so many people who believe in opportunities also want to make money through mining by ASIC miners. So let's understand what to pay attention to when buying a power supply for miners?

1. Before purchasing a power supply, first determine whether the local grid voltage meets the power requirements, whether the power supply output voltage and power specifications can meet the requirements of the supporting load products, and whether the power supply output terminal type, polarity, and quantity are consistent with the requirements of the supporting load.
If you are not sure about the power consumption of the load product, it is recommended to measure it with an electronic load tester in advance.
Electronic load tester 
2. Considering the differences in power plug standards in various countries, the standard power supply does not have an AC input cable. Therefore, it is recommended that customers purchase an AC input cable suitable for the local power grid plug. The type number of the cable end that connects to the power board is C13, and the cable The cross-sectional area of the copper wire conductor shall not be less than 1mm².
3. We know that the hash rate of the miner's power supply is linked to your income. It is recommended not to buy a second-hand one at a low price but directly purchases a formal adapter power supply. Such a miner's power supply does not affect the hash rate and has low power consumption, and is very good to guarantee mining efficiency!
4. The normal way to install the power supply is to connect the output wire terminal first and then connect the AC input cable after the load is connected to the power output terminal.
Warm reminder: It is forbidden to connect and disconnect the output terminal when the power is on. The arc generated by the excessive DC will damage the DC output terminal and even cause a fire hazard.
5. Maintaining a good working environment and derating the power supply can significantly extend the service life of the power supply. Generally, it is recommended that the operating temperature not exceed 50 degrees Celsius and the load power does not exceed 90% of the rated power of the power supply, and it is used in a dust-free, non-acid-base and salt spray environment. Derating can also increase the operating power of the power supply and save part of the electricity bill.
6. Ensure that the heat dissipation of the power supply is good. Since the miner's power supply works 24 hours a day, it will generate heat. If the heat dissipation is not done well, it is easy to catch fire and cause safety hazards.
7. Check whether the power supply has the automatic restart function after a power failure; if not, it will cost a lot of workforces to maintain.

Regarding the precautions for the use of the new power supply, here are a few brief introductions:

1. The metal shell of the power supply must be grounded to ensure safe operation.
2. The air convection at the power supply installation position is good to ensure good heat dissipation and ventilation during operation.
3. Do an excellent job of lightning protection to avoid damage to the equipment caused by lightning strikes. It is recommended to install lightning arresters.

Lightning Arrester

 

For more precautions, it is recommended to refer to the article "Precautions for new PSU."
The above are the things to pay attention to when purchasing power supplies for miners.

 

The content of this article is from the Internet, compiled and edited by ZEUS MINING.

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