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Monday, October 14, 2024

BlockDAG Set to Hit Another Milestone With Almost 13K Miners Sold! Bitcoin Mining Thrives in Ethiopia & Cardano Aims 3x Rally

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In more exciting news, BlockDAG(BDAG)  is quickly approaching another milestone, with nearly 13,000 miners sold! BlockDAG’s efficient hardware and impressive ROI potential are drawing in miners seeking maximum returns. With an array of mining options as well, BlockDAG is quickly becoming a go-to option for those looking to maximise their crypto-mining potential.

Bitcoin Mining Booms in Ethiopia 

Bitcoin mining is rapidly expanding in Ethiopia, with miners currently utilizing 600 MW of power—a figure expected to grow by the end of the year. Thanks to the country’s low electricity costs and abundant hydropower, Ethiopia has become a hotspot for Bitcoin mining, especially with mid-generation machines like Bitmain’s S19J Pro being widely used. 

Photo by special arrangement
Photo by special arrangement

Ethiopia’s government is backing this push, aligning Bitcoin mining with its broader high-performance computing strategy. A $250 million partnership with Hong Kong’s West Data Group highlights the country’s commitment to enhancing digital infrastructure. 

Following China’s 2021 crypto mining ban, Ethiopia is emerging as a new hub for miners seeking affordable energy. However, while Bitcoin mining flourishes, nearly half of the population still lacks access to electricity, presenting a stark contrast to its technological progress.

Cardano Prediction: Potential 3x Price Rally Incoming

Crypto analyst Crypto Winkle is predicting a big move for Cardano (ADA), forecasting a potential 3x price rally. ADA has recently broken out of a descending triangle pattern, a move which usually signals a change from a downtrend to an uptrend. This breakout has traders excited, especially with key indicators like the RSI and MACD showing signs of bullish momentum. 

Photo by special arrangement
Photo by special arrangement

The Relative Strength Index (RSI) sits in the ideal zone, while the Moving Average Convergence Divergence (MACD) line shows increasing bullish momentum. Crypto Winkle believes ADA could test the $1 mark if it clears resistance levels at $0.50 and $0.75, a big jump from its current price of around $0.35. With these positive signals, ADA may be set for a strong upward trend in the coming weeks.

BDAG Nears Milestone With Almost 13K Miners Sold!

BlockDAG miners are closing in on a significant milestone with nearly 13,000 units sold, solidifying their position as the best crypto miner for those looking to maximize their earnings. The BlockDAG X series, including the compact X10 and the high-powered X100, continue to impress miners with their unmatched efficiency and performance. 

The X10 miner is capable of mining up to 200 BDAG coins daily, making it an ideal choice for both beginners and experienced miners. Meanwhile, the X100 takes mining to another level, with an impressive capacity of up to 2,000 BDAG coins per day. These miners are designed with high-tech ASIC technology, ensuring users can enjoy maximum mining output with minimal noise and energy consumption, providing a seamless, profitable mining experience.

Photo by special arrangement
Photo by special arrangement

In addition to BlockDAG’s hardware efficiency, miners are also benefiting from the ongoing presale rise, which has now raised $94.8 million, and is nearing $100 million. 

Moreover, the potential for coin value growth continues to attract new miners who are eager to jump in on these exponential gains. BDAG coin prices have surged by over 1960% since batch 1, with each coin now priced at $0.0206 in batch 24.

For anyone considering entering the crypto-mining space, BlockDAG offers a prime opportunity to capitalize on both the current coin price and the future potential of the network. With almost 13,000 sales, BlockDAG miners are in a strong position for continued success.

Best Crypto Miner For 2024 

Ethiopia’s Bitcoin mining boom is making headlines, with the country rapidly becoming a new hotspot for miners, thanks to low energy costs and abundant hydropower. As Bitcoin miners capitalize on this new opportunity, Cardano (ADA) is also gaining momentum, with a predicted 3x price rally by crypto analyst Crypto Winkle.

BlockDAG is clearly establishing itself as a leader in the crypto mining space, with nearly 13,000 miners sold and its cutting-edge X series delivering impressive results. The X series miners provide the perfect balance of high output and energy efficiency. For those looking to optimise their crypto-mining potential, BlockDAG is definitely one to look out for.

Discover More About BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.

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