The First White House Crypto Summit Is Coming! Have You Made Your BTC Strategic Layout?

The first Digital Assets Summit will take place at the White House on March 7th at 1:30 PM Eastern Time, hosted by President Trump himself. The U.S. Secretary of Commerce revealed that the President will formally announce the establishment of a Bitcoin strategic reserve at the summit. Several executives from the crypto industry have confirmed their attendance at the Friday White House Crypto Summit, including Michael Saylor, founder of Strategy, David Bailey, CEO of Bitcoin Magazine, and executives or co-founders from Paradigm, Exodus, Multicoin Capital, World Liberty Financial, Chainlink, Coinbase, and Robinhood. It must be said that, in all likelihood, this initiative will greatly boost the cryptocurrency market. How will Bitcoin perform delightfully, and have you laid out your Bitcoin strategy?

President Trump has made many commitments to support cryptocurrencies, and he and his family members have even personally issued several meme coins. The planning of this summit is also part of his commitment fulfillment. While the market is eagerly anticipating this meeting, there are also concerns. After all, the volatility of the cryptocurrency market is still highly influenced by the U.S. stock market and the global political landscape, with many uncertainties.

In the past week, influenced by the news of the summit, the price of Bitcoin has returned to around $90,000. For investors, you may need to consider quickly whether to identify a suitable price and increase your position in advance. For miners, the recent fluctuations may have caused you a little concern, but overall, the situation is still good. After the summit, it is likely that the machines will earn more money. However, facing the increasing global hash rate (currently the global hash rate has reached over 900 EH), a more efficient BTC ASIC will enable you to face the ups and downs of the coin price more calmly.

Here, BITMARS recommends several ASICs with low shutdown prices and high cost-effectiveness to miner friends. These machines can ensure that the vast majority of small and medium-sized miners in conventional mining environments still have relatively safe, and even good returns.

The ANTMINER S21 series is the absolute king of energy efficiency ratios among BTC ASICs, and this brand’s machines are comprehensively strong and trusted by miners. Taking the ANTMINER S21 XP 270T as an example, it currently mines about 0.0001566BTC per day, worth about $14. When the electricity price is 6 cents, the shutdown price is approximately $34,500.

The WHATSMINER M60/M50, on the other hand, has the advantage of maintaining good working conditions under extreme weather, with the WHATSMINER M60S  as a case in point. It has been proven that in the cold weather of North America or in the large diurnal temperature difference of the Middle East, this machine has a very low failure rate, which helps to reduce overall costs. Additionally, its hardware total cost is not high, and it currently mines about 0.00010788 BTC per day, easy to payback. When the electricity price is 6 cents, the shutdown price is approximately $47,000. For miners in the Middle East with electricity subsidies, if the electricity cost is controlled at 2 cents, the shutdown price can be as low as $15,700.

Welcome to consult our sellers for the most suitable BTC ASIC and trading methods for you! We have warehouses in HK, US, Dubai, and Moscow, with a large inventory of spot/futures from brands such as ANTMINER/WHATSMINER available for shipping from multiple countries and can assist with customs declarations at the delivery location.

Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.

BITMARS is an internationally renowned crypto miner trading company. We provide comprehensive, professional, timely, and cost-effective miner purchasing and hosting services to maximize your wealth!