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Which coins to mine with L3 (2021 comparison of profitable coins)

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What coins to mine with L3? L3 is a decentralized lending protocol based on Eth

Which coins to mine with L3 (2021 comparison of profitable coins)

What coins to mine with L3? L3 is a decentralized lending protocol based on Ethereum. Users can choose to earn fixed interest rates on assets and lock funds in smart contracts on L2 while supporting lending and liquidity.

Stablecoins on L2 include mainstream assets such as BTC, ETH, as well as DeFi tokens like BNB, HT, OKB, and USDT, along with some stablecoins. Some stablecoins in L3 can also be traded across chains and have unique price volatility characteristics, making them advantageous.

Comparison of profitable coins to mine in 2021

Recently, with the continuous rise of Bitcoin prices and Ethereum breaking new highs, what coins are more profitable to mine in the second half of 2021? Based on market fluctuations, you can choose mainstream cryptocurrencies, popular projects, and contract mining machines. Currently, the BTC network difficulty is 16.95T, which has increased compared to the previous month’s 15.78T.

In the current situation, besides mainstream digital assets like BTC, mining some specific coins in 2021 is a worthwhile investment direction. If you choose to mine on decentralized exchanges (DEX) this year, the returns should exceed Bitcoin and even surpass the levels of 2017. Additionally, participating in mining is crucial in the current thriving environment. (Wu Blockchain)

For ordinary investors, choosing a good platform for trading or longing a certain cryptocurrency can be challenging. However, it is possible to make money regardless of how you operate. Moreover, due to the impact of various factors, this field has gradually matured, so certain aspects need to be considered.

1. Buying Bitcoin, as it is a long-term holding approach, many people allocate some Bitcoin in their investment portfolios. Bitcoin prices usually do not rise too much. However, when the market experiences panic, a large amount of selling funds leaving the Bitcoin market may result in losses. Simultaneously, this trend may make many investors believe that Bitcoin will enter a bull market phase in the future and begin to sell on a large scale. Nonetheless, it still has potential in the long run.

2. The Bitcoin Cash network upgrade is expected to launch the testnet on November 2nd. At the same time, a new version of the Bitcoin Cash protocol will be released in December, with significant upgrades.

3. After Litecoin’s launch, will it trigger a further decline in more altcoins? Personally, I think it’s unlikely to continue in the short term, and I suggest not buying these outdated cryptocurrencies. Currently, many “air” tokens are being hyped in the market, without anything to meet people’s investment needs, and most of them are scams. Platforms like MakerDAO attract retail investors to enter Ethereum and form a huge ecosystem through this method.

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