As the current BTC price continues to slump, many large-scale mining operations, after a long period of unprofitability, choose to sell mining machines that are not making money. These resold machines have sparked tremendous interest among miners worldwide. The reason these mining machines are being sold is not because the machines themselves are faulty, but […]
As manufacturers continuously introduce better new mining machines, and as the mining industry pursues more powerful new equipment, why do many BTC miners still prefer second-hand mining machines? When the price of Bitcoin is high, even machines with high energy efficiency ratios can generally create positive returns, and people do not need to shut down
Why Do Some Miners Prefer Second-hand Mining Machines? Read More »
In early September 2024, the mainnet of the fractal bitcoin project, led by the Unisat team, was officially launched. The project’s token is abbreviated as FB. For BTC miners, you can adjust your ASICs to simultaneously harvest FB, which can be understood as mining BTC with a bonus of FB. This will bring additional income
How much can daily income increase by mining fractal bitcoin with BTC ASICs? Read More »
On September 18, 2024, Eastern Time, the Federal Reserve officially announced a cut of 50 basis points in the federal funds rate to 4.75%-5.00%, marking the first rate cut since March 2020. Under the influence of the rate cut news, the cryptocurrency market surged, with BTC breaking through $62,500, leading the gains over the U.S.
The Federal Reserve Cuts Interest Rates by 50 Basis Points, BTC Breaks Through $62,500 Read More »
On September 17, 2024, US time, the price of Bitcoin has returned to $61,000. Analyst Jelle believes that it is very likely to break through $65,000 and set a new record high for the coin price. At the same time, according to Lookonchain’s monitoring data, on September 17, a total of ten US Bitcoin ETFs
BTC Reclaims $61,000; Will It Set a New High Next? Read More »
Recently, analysts have stated that the price of KAS is expected to rise sharply in September this year. Influenced by the poor market situation of Bitcoin after the halving this year, the vast majority of altcoins are struggling and mired in confusion. Even a rare cryptocurrency like KAS, which can carve out its own market
KAS Price Rebounds Strongly, Analysts Predict New Highs in September Read More »
Great news for crypto miners! Recently, another PoW token in the cryptocurrency world has stepped out of the GPU era and entered the ASIC era. This is the hottest RXD coin in September. RXD is the token of the Radiant project, initiated by a group of miners. The project is a “Breakthrough peer-to-peer digital
RXD ASIC Arrives! Recoup Investment in One Month! Read More »
According to a recent research report from JPMorgan Chase, the profitability of BTC miners has reached an all-time low. Theoretically, with an electricity cost of $0.07 per kWh and a Bitcoin price of $56,000, only seven high-end models among the mainstream miners are profitable. However, it is in such a downturn that news of independent
According to research by authoritative institutions, the cryptocurrency market in the Middle East is growing rapidly, with an estimated 700,000 daily active users in the six Gulf countries by 2024. More and more crypto investors, such as Binance founder CZ and Telegram founder Pavel Durov, are settling and starting businesses in the Middle East. Currently,
Mining with M50 in the rapidly developing Middle East cryptocurrency scene is ideal Read More »
Recently, Nayib Bukele, the President of the Central American country of El Salvador, was interviewed by Time magazine, in which he stated: “El Salvador invested $135 million. Now, we have $400 million in Bitcoin in the public wallet alone. We have done well as a government.” The country has been aggressively accumulating Bitcoin, adding almost 1
At BITMARS, we value each client who has come to us, we listen and care what they think. At BITMARS, we never see ourselves as simply a “seller” for miners, we are dedicated to becoming a leading mining solution provider who can bring and create values for our customers’ mining journey.
