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Showing posts from February, 2022

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

Avalonminer A1246 profitability introduction

Avalonminer A1246 profitability introduction Avalonminer A1246 90TH/s  is a Bitcoin SHA-256 algorithm ASIC miner produced with built-in AI ASIC chip technology. The miner adopts the integrated design of the chassis and the power supply, supports vertical or horizontal placement, and flexibly adapts to different shelves. Avalonminer A1246 has very encouraging features: easy maintenance, good quality, unique and encouraging design, user-friendly interface, and built-in AI chip. Released in 2020, the Avalonminer A1246 90TH/s features a robust advanced fan design that cools the chip during system operation. The power consumption of this miner is 3420W, which is very efficient. The hash rate is as high as 90TH/s, the energy efficiency is 38J/TH, and the working temperature is -5℃-35℃. It is very profitable and efficient. Avalonminer A1246 p roduct s pecification : Year of release 2020 Hash rate 90TH/s±3% Power consumption 3420W±3%@Wall-Plug power efficiency 38J/TH, -5%~+ 8% @25℃ Cooling fa