Mining

📚 Understanding Cryptocurrency Mining

🔹 What is Mining?
Mining is the process of verifying digital transactions and adding them to a public ledger known as the Blockchain.
Miners use powerful computers to solve complex mathematical problems; the first to solve the problem adds a new “block” of transactions to the network and earns rewards in the form of newly minted cryptocurrencies and transaction fees.

🔹 Why is Mining Important?
‏• Security: Mining ensures the integrity of the network by validating transactions and preventing fraud.
‏• Decentralization: It distributes the network’s power across a wide range of participants worldwide, making it more resistant to censorship and interference.
‏• Creation of New Coins: Mining is the primary method for generating new coins in many blockchain systems.

🔹 Investor Tip:
‏Before stepping into the world of crypto mining, carefully evaluate the costs involved:
‏• Hardware expenses
‏• Electricity consumption
‏• Increasing mining difficulty
‏Mining isn’t profitable for everyone, so proper feasibility analysis is essential.
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$RVN / USDT – Showing Steady Gains! 🐦‍⬛
$RVN is currently trading at 0.01269, up +3.51% today. Looking at the 4-hour chart, we're seeing a consistent upward trend, gradually approaching the recent high of 0.01289. Will RVN break through this resistance?
Potential for Further Climb:
If $RVN can break and hold above the 0.01289 level with good volume, we might see a push towards higher targets. Keep an eye on the buying pressure as it tests this resistance.
Key Levels to Watch:
* Current Price: 0.01269
* Recent High (Potential Resistance): 0.01289
* Recent Low (Potential Support): 0.01215
Stay alert for a potential breakout! Wishing everyone a fantastic Saturday afternoon from Multan. Remember to always conduct your own thorough research before making any trading decisions.
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🚨DOGE MERGER DIVE
Coeptis drops 40% after Dogecoin #mining pivot

🔹Coeptis Therapeutics merges with Z Squared to focus on $DOGE mining

🔹Will acquire 9,000 DOGE mining machines

🔹Biopharma arm to spin off; tech remains

🔹Z Squared CEO David Halabu, COO Michelle Burke to lead new entity

🔹$COEP stock plummeted; market cap ~$32M

🔹$DOGE hovers around $0.19 with $27B market cap

🔹Deal closes Q3 pending approvals

🔹DOGE ETFs still under SEC review

-The Block

🔍 The Concept of Mining in the World of Cryptocurrencies

🔹 What is Mining?
Mining is the process of verifying digital transactions and adding them to a public ledger known as the Blockchain.
Miners use powerful computers to solve complex mathematical equations; the first to succeed in solving them is rewarded by adding a new 'block' to the network and receives rewards in cryptocurrencies and transaction fees.

🔹 Importance of Mining:
• Enhancing Security: Secures the network by verifying the validity of transactions and preventing any tampering.
• Supporting Decentralization: Distributes the power of the network among many miners around the world, reducing the risks of control.
• Creating New Coins: It is the main source of producing new cryptocurrencies in several networks.

🔹 Advice for Investors:
Before considering entering the world of mining, be sure to accurately assess the costs:
• Cost of equipment
• Electricity consumption
• Increasing mining difficulty
Mining is not profitable for everyone, so study its feasibility carefully.

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Kuwait has uncovered over 1,000 illegal crypto mining operations, sparking major concerns over their strain on the national power grid.

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Experience the power of community mining with Mining Race's revolutionary network called Mining Grid.

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GoMining Forms a New Advisory Board with Big Names in Crypto!🔥

◽️Gleb Kostarev (Blum.io, ex-Binance) and Igor “ChartFuMonkey” Milihram (Magic Internet Moneyz, ex-Magic Eden) join GoMining’s mission to expand its Bitcoin-powered ecosystem!

◽️The new board will focus on:
1️⃣• Developing GameFi solutions
2️⃣• Launching a Bitcoin-focused Launchpad
3️⃣• Introducing payment cards and features to boost BTC reward utility

Check out the full details and how this move could shape the future of digital mining:
[ Read it ]

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Bitcoin #BTC miners in the United States are facing two major challenges at once: rising equipment costs due to import tariffs and growing competition from financial products like ETFs, according to a new report by #Bitwise .
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🟢 How Bitcoin mining changes every 4 years — a brief overview

Bitcoin mining is not just about farms and noise. The main thing is the reward that miners receive for each block found. And every ~4 years, it is halved — this is called halving.

Here’s how it has gone:

— 2012: it was 25 BTC per block → 3,600 BTC mined per day
— 2016: now 12.5 BTC → 1,800 BTC per day
— 2020: only 6.25 BTC → 900 BTC per day
— 2024: currently 3.125 BTC → 450 BTC mined per day

And at the beginning?
— In 2010, miners received 50 BTC per block — that’s 7,200 BTC per day!

What does this mean: — Mining has become harder, and the reward is smaller
— Energy costs are rising, while income is falling
— But this is what makes Bitcoin scarcer with each cycle

And yes, there are only <1.4 million BTC left until the final limit of 21 million.

🟢 Subscribe so you don’t miss the next halving — miners are already preparing
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I got 0.005 satoshi (BTC) in a month by Mining 🙃 #btc #Mining

$BTC 📉 Public Bitcoin miners sold 40%+ of March production
Profit margins are tightening as post-halving pressure builds.

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