Express

Jsbit CEO: Future of Cryptocurrency Mining Sector to Become More Competitive Due to Energy Scarcity and Increased Chip Costs

Summary: During the Global Sales Summit in Hong Kong, Jsbit CEO Alan Li shared insights on the future of mining, predicting increased competition in the cryptocurrency mining industry due to energy scarcity and higher chip costs. With Bitcoin mining rewards decreasing over time, miners are advised to optimize their mining capabilities now to maximize profits. It ...

During the Global Sales Summit in Hong Kong, Jsbit CEO Alan Li shared insights on the future of mining, predicting increased competition in the cryptocurrency mining industry due to energy scarcity and higher chip costs. With Bitcoin mining rewards decreasing over time, miners are advised to optimize their mining capabilities now to maximize profits. It is currently a good strategy to buy low and deploy mining power in the cryptocurrency mining sector.

Last Update:

Tags:
Link: Jsbit CEO: Future of Cryptocurrency Mining Sector to Become More Competitive Due to Energy Scarcity and Increased Chip Costs [Copy]

Last: MARA Market Director: Future Mining Companies Should Merge with Power Companies and Acquire Chip Companies to Enhance Competitiveness

Next: Euro Stablecoin Market Cap Rises to Nearly $500 Million, Circle EURC Leads with 138% Surge

Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 2 days ago

US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 3 days ago

Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 5 days ago

New All-Time High for BTC: Weekly Market Outlook & Strategy 6 days ago

Bitcoin Surges to New Highs, Momentum Points to Further Gains 10 days ago