The return of crypto mining?

in Project HOPE9 months ago

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Greetings friends, today we will talk about the new interest in crypto mining during this year 2023. Yes, it is that video tutorials teaching how to mine and inviting all those miners to turn on their mining rings have been becoming very fashionable. Since July 2023 there are already many videos that are encouraging mining again, but also today we are also seeing the activation of old web platforms and new web platforms3 for cloud mining, as well as through of the mining pools.

We are going to do a simple analysis of this new fashion, or perhaps the return of mining

Yes, it is true that we have been seeing many videos that talk about the return of mining, not only through mining rings, cloud mining or mining equipment rental services. The truth, friends, it is important to evaluate who is calling for mining, since many of them do it by imitating other videos or simply following the trend announced by other YouTube content creators who promote or encourage mining by pointing out what is found at a moment of high profitability, however what is certain is that the capacity to mine from the rings or even mining by PC remains the same, it has not changed, much less is generating more algorithms to obtain more cryptos, the The truth behind all this is that this year 2023 is a year in which there is a cycle, which is known as the HALVING. This is already happening with various cryptocurrency platforms and it will continue to be seen during 2024 and 2025. since different cryptocurrencies that I have personally reviewed and that add up to more than 50 of them, complete their cycle (halving) some of them use other terms such as saying that they BURN cryptos, whatever the term used when reducing the capacity of generation or circulation of each of these cryptocurrencies, it is very possible that the value of each of them will increase and that is why interest in mining is being generated again. My own point of view is that it will be a very short time to make big profits through mining, because as much as you mine, you are not going to make a big profit immediately, possibly have some profit during the next months or years , but for those who like cryptocurrency Trading, I would recommend that now is the time to buy and wait until their prices increase, if there is interest from any of you in activating mining it is also very healthy, but not only dedicate the time to mine, in the same way continue to generate purchases and reserves, considering the long-term increase.

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