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
Antminer S7-LN 697w Bitcoin Miner Mining Tutorial
Antminer S7-LN 2.7TH Bitcoin Miner is a new submodel of Antminer S7. This sub-model of Ant S7 comes with 1000w PSU, and customers do not need to prepare PSU by themselves. Another notable feature of the Antminer S7-LN miner is tranquil.This tutorial will demonstrate the setup of the Antminer S7-LN 2.7TH Bitcoin Miner.
Miner specifications
Brand | Antminer S7-LN |
Hash Rate | 2.7 TH/s ± 5% |
Power Consumption | 697W ± 10% |
Cooling | 2 * 12038 fan |
Network Connection | Ethernet |
PSU | With PSU, plug & play |
Ready to work
· When you first receive the miner, before powering on, please check if any heat sinks have loosened or fallen off during transportation.· If any heatsinks come off, please purchase thermosetting adhesive to fix the heatsinks. Do not power on the miner until the dropped radiator has been repaired
· Connect the miner to the router with an ethernet cable.
· For miner configuration, use an ethernet cable to connect the miner to the same router that your PC is also connected to (your PC is only used for miner configuration).
·Pay attention to the switch of the miner. The miner has two switches, as shown in the picture below. One of the switches is on the red power distribution board and the other is on the PSU.
· For miner configuration, use an ethernet cable to connect the miner to the same router that your PC is also connected to (your PC is only used for miner configuration).
Miner connection
The mining configuration of Antminer S7 2.7TH is similar to Antminer S7. Here we just briefly demonstrate the miner connection.·Pay attention to the switch of the miner. The miner has two switches, as shown in the picture below. One of the switches is on the red power distribution board and the other is on the PSU.
· Please make sure to turn on both switches when starting the miner. (Both switches are on in the picture below)
Follow this setup tutorial, and you'll be up and running in minutes.
The content and pictures of this article are from the Internet, compiled and edited by ZEUS MINING.
Mining Guide
Please refer to Antminer S7 mining guide: Antminer S7 Manual.Follow this setup tutorial, and you'll be up and running in minutes.
The content and pictures of this article are from the Internet, compiled and edited by ZEUS MINING.
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