What does the delivery date of computing power mean (how is computing power traded)?

08/19/2023 09:24 • Digital Disruptors • 68 views

What does the delivery date of computing power mean? According to the computing power data website, Bitcoin full nodes tweeted on July 24th, “I have entrusted all of my mining difficulty and income to you.” Then there was a speculation: we have distributed the rewards to all participants. If calculated at present, these people are estimated to earn profits of over 100 BTC/day. “This indicates that you have a much higher return rate for the share of computing power you own compared to obtaining it!”

Therefore, what does the delivery date of computing power mean? Basically, it means that your computing power has been allocated to everyone!

How is computing power traded?

Is computing power tradable in the cryptocurrency community?

In fact, many people know that the value of computing power comes from mining. The rising price of Bitcoin and the increase in block rewards have caused miners to experience increasingly significant price fluctuations. However, based on the actual situation, if you want to earn more BTC, ETH, or other cryptocurrencies, you must purchase computing power to participate in mining and gain profits – because mining is about making more money.

Therefore, we need to analyze some specific indicators:

Firstly, we need to consider whether miners are willing to bear the corresponding operating costs; secondly, we need to pay attention to market dynamics.

For example, after purchasing one Bitcoin, how many shares of computing power and the amount of Bitcoin held behind it will you receive? Then, check whether these Bitcoins have been traded on exchanges, which may lead to certain problems. Of course, this process also involves relevant legal disputes. If you want to understand this principle, you can directly click on the word “buy and sell” in the figure below. If someone thinks your computing power is expensive and the price is too high, then you should consider selling it.

Therefore, I recommend that investors should not easily speculate their assets in this market but rather seek a professional mining company for computing power investment. This way, it will be easier to find the corresponding market price.

Step two: Purchase computing power. As most mainstream mining machines are used products, and many of them are old models from abroad, but domestic manufacturers are now selling new products, so buying a new computer may be much cheaper than buying it yourself (such as the recently popular Antminer S19 series). However, if you don’t know who the real mine owner is, you can also pre-order through an online store to get electricity discounts. Also, if unfamiliar friends can see this link, they can enter the official website at https://h5.io/ to view details.

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What does the delivery date of computing power mean (how is computing power traded)?

How is computing power traded?

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