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
How to make my Bitcoin miner more effective? To make Bitcoin miners more effective, some steps need to be taken to optimize miner setup and management. Here are some suggestions that may help: 1. Choose the miner that suits you Different miners have different processing power and power consumption, so you must choose the miner that best suits your needs and budget. Again, researching different makes and models can teach you about performance and power consumption. 2. Regularly check the temperature of miners Bitcoin miners generate a lot of heat, so you need to make sure that the miners don't get too hot, and you also need to make sure they dissipate heat well so that the temperature can be controlled through the use of devices such as cooling fans , radiators, and air conditioners. It is recommended to place the miner in a cool room, install a fan or use a radiator, etc., and use a thermometer to check the temperature regularly. 3. Regular cleaning of miners Bitcoin miners typical