The cryptocurrency market is projected to reach USD 1.40 billion by 2024 from USD 1.03 billion by 2019, at a CAGR of 6.18% during the forecast period. Growth in this market can largely be attributed to factors such as transparency of distributed ledger technology, high remittances in developing countries, high cost of cross-border remittance, fluctuations in monetary regulations, and growth in venture capital investments. However, uncertain regulatory status, lack of awareness and technical understanding regarding cryptocurrency are expected to restrict the growth of the said market to a certain extent.
Market for ASICs in cryptocurrency to register highest growth during forecast period
The cryptocurrency market for ASIC is expected to hold the largest CAGR.ASICs are gradually being preferred by miners.
These ASIC machines mine at an extraordinary speed while consuming much less power than FPGA or GPU mining rigs.Several reputed companies, such as Bitmain, Avalon, and Innosilicon Technologies, offer highly efficient ASIC products.
Also, ASICs are cryptocurrency mining hardware created solely to solve cryptocurrency blocks.They have only minimal requirements for other computer applications. Such various advantages help ASICs grow at the highest rate in the cryptocurrency market.
Market for payment application for cryptocurrency register highest growth during forecast period
The market for payment through cryptocurrency is likely to register the highest growth during the forecast period.The payment through cryptocurrency has several advantages such as enhanced transactional security, protection from fraud, decentralized system, low fees, protection from consumer chargebacks, and quick international transfers.
Moreover, a large number of players are investing in developing payment gateways and platform for the payment process of their currencies, thereby increasing adoption of cryptocurrency for the payment.
APAC to hold largest share during forecast period
APAC is notable for its high adoption of cryptocurrency.This is attributed to the low cost of electricity in China and early adoption of cryptocurrency in Japan.
China is the largest market among all APAC countries. Owing to the low cost of electricity, ideal weather conditions, presence of big mining companies, such Bitmain, Canaan Creative CO., LTD, and Ebang Communication, and availability of venture capital funding, the market in APAC is expected to be the largest for cryptocurrency.
Breakdown of primary participants’ profile:
• By Company Type: Tier 1 = 30%, Tier 2 = 30%, and Tier 3 = 40%
• By Designation: C-Level Executives = 45%, Directors = 30%, and Others = 25%
• By Region: North America = 30%, Europe = 40%, APAC = 25%, and RoW = 5%
Key players in the cryptocurrency market include Bitmain (China), NVIDIA (US), Xilinx (US), Intel (US), Advanced Micro Devices (US), Ripple Labs (US), Ethereum Foundation (Switzerland), Bitfury Group (Netherlands), Coinbase (US), BitGo (US), and Binance Holdings (China).
Research Coverage:
Various market segments have been covered in this report.These include application and geography.
It also gives a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW.
Reasons to Buy the Report:
• This report includes statistics pertaining to the cryptocurrency market in terms of offering, process, type, application, and region, along with their respective market sizes.
• Major drivers, restraints, opportunities, and challenges for the cryptocurrency market have been provided in detail in this report.
• The report includes illustrative segmentation, analysis, and forecast for the cryptocurrency market based on its segments and subsegments.
Download the full report: https://www.reportbuyer.com/product/5147401
Acre launches Bitcoin Staking on mainnet in partnership with Xverse
Xverse, the leading Bitcoin Web3 wallet, has teamed up with Acre to offer a native Bitcoin-in, Bitcoin-out staking experience. This partnership gives users the ability to earn BTC-based rewards – marking a new category in Bitcoin innovation.
Through this partnership, Xverse users can now effortlessly put their BTC to work in Acre directly from the Bitcoin mainnet via their existing Xverse wallet. Acre’s fully on-chain staking experience eliminates the complexity of participation in the Bitcoin economy with its ‘one click’ feature to access Bitcoin rewards.
Ken Liao, CEO of Xverse, expressed his enthusiasm: “We are thrilled to partner with Acre to offer our users a seamless Bitcoin staking experience. This partnership unlocks a significant market opportunity by allowing Xverse users to earn rewards on their Bitcoin holdings while maintaining full control over their assets.”
Acre, the newest portfolio addition to Thesis.co (the 10-year-old Bitcoin venture studio) continues the evolution of BitcoinFi with a transparent way for HODLers to earn rewards on their BTC. This partnership enables Xverse users to unlock the potential of their idle Bitcoin holdings and earn on both Mezo and Acre through Acre’s native BTC staking platform. The partnership consists of two phases – the first being a “points” experience that gives users access to the Bitcoin L2 rewards economy; the second being native BTC staking rewards as the select Bitcoin L2s chains launch later this year.
Acre, started by the team behind the decentralized Bitcoin bridge (tBTC), works with many of the protocols in the rapidly emerging Bitcoin L2 market category to drive rewards. These protocols, powered by assets like tBTC, are building the next evolution of the Bitcoin economy. By collaborating with Xverse, Acre aims to broaden the accessibility of “stacking sats”, catering to both seasoned Bitcoiners and newcomers alike.
Brian, Co-Founder of Acre, shared his excitement about the partnership: “This collaboration marks not only an exciting innovation in the space but also Acre’s mainnet launch. Xverse users can now put their Bitcoin to work via the Acre staking app to access the exciting new world of Bitcoin L2s.”
About Acre
Acre, a native Bitcoin staking platform has partnered with Xverse for its main net launch. Acre is the latest project from Thesis, the venture studio building brands on Bitcoin. According to Brian Mahoney, Co-Founder of Acre, lets “Xverse users put their Bitcoin to work via the Acre staking app to access the exciting new world of Bitcoin L2s,” using their Xverse wallets. Acre’s staking experience simplifies participation in the Bitcoin economy with one-click access to BTC rewards.
DigitMiner – Guide to Make Money with Cryptocurrency Bitcoin Mining
Established in 2019, DigitMiner rapidly rose to prominence in the dynamic world of cryptocurrency bitcoin mining from its base in USA. DigitMiner’s mission has always been to maximize hashrate by employing cutting-edge AI technology, making DigitMiner a pioneer in efficiency, innovation, and sustainability in the Bitcoin mining space. DigitMiner’s unwavering commitment to these principles has not only fueled their growth, but also solidified their reputation as a pioneer in the cryptocurrency mining industry.
DigitMiner has always been at the forefront of providing cryptocurrency bitcoin mining solutions. Now, serving over 2,600K+ global customers, it has ramped up its efforts to democratize the mining industry. DigitMiner has introduced a series of affordable cryptocurrency bitcoin mining packages that eliminate the need for substantial upfront investments and technical expertise, making it easy for anyone interested in cryptocurrency mining.
New users are welcomed with an immediate $10 upon signup and enjoy automated daily payouts. DigitMiner’s offering spans a variety of crypto contracts and includes a robust affiliate program with 5% lifetime rewards. What’s more, all these services come with 24/7 online support and high-end security features, including DDoS and SSL protection systems, ensuring a secure mining environment.
With diverse investment options, DigitMiner has designed profit packages to suit every type of investor, ranging from the Basic mining package priced at $10 to the more premium Mining package for $6,400. These packages offer fixed returns and have specific validities, ensuring investors can capitalize on the rising popularity of various cryptocurrencies.
Cryptocurrency Packages
A major feature that distinguishes DigitMiner from other platforms is mining packages and profits. They make it easier for any user to indulge in the lucrative world of cryptocurrency mining by offering state-of-the-art blockchain technology and a user-friendly interface. The most prominent part of DigitMiner is to provide daily payout profit and users can withdraw quickly. Some of the most important packages include:
- Basic Mining: This contract is valid for 1 day and priced at $10. Its fixed return is $10.8
- Bitcoin Mining: This contract is valid for 3 days and priced at $100. Its fixed return is $100+$3.9
- Litecoin Mining: This contract is valid for 7 days and priced at $500. Its fixed return is $500+$56
- Dogecoin Mining: This contract is valid for 15 days and is priced at $1,200. Its fixed return is $1,200+$324
- Dashcoin Mining: This contract is valid for 30 days and is priced at $3,000. Its fixed return is $3,000+$1,710
- BitcoinCash Mining Mining: This contract is valid for 60 days and is priced at $6,400. It has a fixed return of $6,400+$7,680
“Mining cryptocurrencies shouldn’t be a luxury; it should be a possibility for everyone. We at DigitMiner are consistently pushing boundaries to make this a reality. Our affordable cryptocurrency bitcoin packages are a testament to our mission to democratize cryptocurrency mining, giving everyone a chance to join the crypto revolution without worrying about hefty upfront costs or technical complexities,” – Keith Robert, manager of DigitMiner.
DigitMiner’s secure, easy-to-use platform also allows users to withdraw their earnings effortlessly, making the cryptocurrency bitcoin mining journey seamless from start to finish. “Our commitment to security and convenience extends to our user-friendly interface, which even novice miners can navigate with ease,” says Keith Robert.
Furthermore, DigitMiner’s unique referral system allows users to invite friends and earn up to 5% commission on each successful referral purchase. This feature boosts users earnings and helps expand the community of DigitMiner users.
About DigitMiner
DigitMiner is a licensed cryptocurrency bitcoin mining company headquartered in Wyoming, United States. Launched in 2019, it owns professional Bitcoin mining rigs across industrial facilities in Kazakhstan, Iceland, Mongolia and Myanmar. DigitMiner stands out in the cryptocurrency bitcoin mining industry, serving over 2,600K+ individuals from all around the globe, providing an avenue for earning cryptocurrency.
Recover Scammed Crypto by Contacting the Best Crypto Scam Recovery Expert (2024)
Have you fallen victim to a cryptocurrency scam? Unfortunately, these malicious acts are becoming increasingly common, leaving individuals frustrated and financially drained. But don’t lose hope!
Report Scammed Bitcoin (RSB) understands the devastating impact crypto scams can have, and we’re here to help you fight back. Introducing reportscammedbitcoin.com, the leading crypto recovery experts for 2024.
RSB specializes in assisting individuals who have lost their hard-earned cryptocurrency to scams, hacks, and other fraudulent activities. The team of highly skilled and experienced professionals at RSB is dedicated to recovering your stolen assets and bringing the perpetrators to justice.
Understanding Crypto Scams
Cryptocurrency, while innovative and potentially lucrative, has also become a breeding ground for various scams due to its decentralized and pseudonymous nature. Understanding these scams and their red flags is crucial for investors to protect themselves from financial loss. Here are some common types of crypto scams and red flags to watch out for:
Phishing Scams:
Phishing scams involve fraudulent attempts to obtain sensitive information, such as login credentials or private keys, by impersonating legitimate entities through fake websites, emails, or social media messages.
Ponzi Schemes:
Ponzi schemes promise high returns on investment by using funds from new investors to pay returns to earlier investors, rather than generating profits through legitimate business activities.
Exit Scams:
Exit scams occur when cryptocurrency projects or platforms suddenly disappear or shut down, taking investors’ funds with them. These scams often involve promising products or services that never materialize.
Rug Pulls:
Rug pulls occur in decentralized finance (DeFi) platforms when developers or insiders drain liquidity from a project by selling off their tokens, causing the value to plummet and leaving investors with worthless assets.
Fake ICOs/IEOs:
Fake Initial Coin Offerings (ICOs) or Initial Exchange Offerings (IEOs) involve fraudulent projects that raise funds by selling tokens to investors with the promise of future utility or profits, only to disappear once the fundraising is complete.
Unsolicited Investment Opportunities:
Unsolicited investment opportunities via social media, cold calls, or messaging platforms may involve fraudulent schemes aiming to manipulate investors into purchasing worthless or nonexistent assets.
Which is the Best Crypto Recovery Expert?
The best choice for you will depend on several factors, including:
- The specific type of scam you were targeted by: Different recovery experts specialize in different areas, such as exchange hacks, phishing attacks, or investment scams.
- The amount of money you lost: The fees charged by recovery experts can vary depending on the size of your claim.
- Your risk tolerance: Some recovery services offer guarantees, while others operate on a “no win, no fee” basis.
- Your level of technical expertise: Some services require more technical involvement from you than others.
Here are some things to keep in mind when choosing a crypto recovery expert:
- Beware of companies that make unrealistic promises or guarantees. Recovering stolen crypto is often difficult, and there is no guarantee of success.
- Do your research and read reviews before hiring any company. There are many scams targeting victims of crypto scams, so be careful who you trust.
- Get everything in writing before you start working with any company. This includes the fees, the services that will be provided, and the expected timeline for recovery.
Helping You Navigate Your Crypto Funds Recovery Options: Introducing Report Scammed Bitcoin (RSB)
Introducing the best crypto recovery expert 2024 in the industry: Report Scammed Bitcoin (RSB). With a team of seasoned professionals and a proven track record of success, Report Scammed Bitcoin (RSB) Solutions stands out as the best crypto recovery expert you can trust.
RSB’s best crypto recovery expert team has the expertise and experience to assist you in reclaiming lost or stolen cryptocurrency assets. The best crypto recovery expert team takes a personalized approach to each case, ensuring that you receive the individualized attention and support you deserve.
Contact the best crypto recovery expert today and let them help you recover your valuable assets. Trust RSB for the best crypto recovery expert assistance you need.
How Report Scammed Bitcoin (RSB) Supports You
Understanding Your Situation: RSB will start by listening attentively to your experience, dissecting the scam tactics employed, and assessing the nature of your losses.
- Exploring Recovery Options: Based on your unique circumstances, RSB will introduce various recovery avenues, including free and paid options, clearly outlining their advantages, limitations, and potential risks.
- Empowering Your Choice: RSB empowers you to make informed decisions. Our recommendations are unbiased and not influenced by partnerships or affiliate agreements. Your best interests are at the heart of everything they do.
More Than Just Consultations:
While consultations, blockchain analysis, fund tracking and chargeback are their core service, RSB also offers the following to enhance your recovery journey:
Supporting individuals in recovering their scammed bitcoin involves a multi-step process aimed at gathering information, conducting thorough investigations, and suggesting viable solutions. Here’s how RSB can assist you in recovering your scammed crypto:
- File a Complaint:
Begin by filing a detailed complaint outlining the specifics of the transactions and providing any relevant details about the website or platform involved. The more information you can provide, the better equipped RSB will be to assist you.
- Initiate Investigations:
Once RSB receives your complaint and gathers the necessary information, their team will commence thorough investigations. These investigations are designed to map out the flow of transactions and identify any potential leads or points of contact associated with the scam.
- Analyze and Recommend Strategies:
Drawing upon the team’s expertise and experience, RSB will analyze the findings of their investigations and recommend a range of strategies tailored to your specific situation. These strategies may include legal avenues, negotiation tactics, or technological solutions aimed at recovering your scammed bitcoin.
- Provide Multi Solutions:
The qualified team of experts at RSB will present you with a variety of cutting-edge solutions designed to increase the likelihood of recovering your lost funds. These solutions may involve engaging with relevant authorities, leveraging blockchain analysis tools, or pursuing alternative dispute resolution methods.
- Offer Ongoing Support:
Throughout the recovery process, RSB will provide you with ongoing support and guidance to keep you informed of the progress made and address any questions or concerns you may have. Their goal is to ensure transparency and accountability every step of the way.
Conclusion
In conclusion, when it comes to recovering lost or stolen cryptocurrency assets, choosing the right expert is crucial. With Report Scammed Bitcoin (RSB), you can rest assured that you’re partnering with the best crypto recovery expert in the industry.
Their dedicated team, proven track record, and personalized approach set us apart, making RSB the top choice for individuals seeking assistance with crypto recovery. Don’t let cryptocurrency fraud disrupt your financial security.
Contact Report Scammed Bitcoin (RSB) today and experience the peace of mind that comes with working with the best crypto recovery expert in 2024.
Microvisionchain announce MVC-20: The first protocol for free-minting assets on the bitcoin sidechain
The future of assets protocol:
Fair launch, simplicity, efficiency, and low transaction fees
As we journey through 2023, the blockchain industry is buzzing with excitement, particularly the BRC-20 token market, led by the innovative Ordinals protocol. Moving forward, in 2024, the surge in market demand has ignited a quest for more efficient blockchain functionality, lower gas fees, and simplified operations. The market is also yearning for a fair competition environment for all participants.
Enter MVC-20, a revolutionary assets protocol that fully harnesses the high concurrency and low latency transaction characteristics of the MVC Layer1 smart contract. It’s designed to build an innovative fair distribution mechanism that addresses the fairness issues plaguing traditional models. MVC-20 is poised to bring about a seismic shift in the Bitcoin ecology token and NFT markets.
Introducing MVC-20: The First Protocol for Free-Minting Assets on the Bitcoin Sidechain
MVC-20 is a trailblazer, being the first free-Mint assets Protocol on the MVC Chain. It adopts a unique “burn to mint” mechanism, ensuring a fair start for everyone – no pre-sales, no whitelists, no team allocation, and no gas fee front-running transactions. The cost of minting MVC-20 tokens is burned, converting the value of the burned ‘Space’ [MVC network’s gas] into the intrinsic value of the MVC-20 token, without flowing into the project party or miners’ wallets.
Introducing the Burn to Mint Mechanism:
MVC-20 stands out from BRC-20 asset protocols with its innovative Burn to Mint concept. This allows the deployer to decide the burn rate of the MVC-20 token at deployment. Subsequently, all users who mint the MVC-20 token must burn a specified amount of SPACE [MVC network’s gas] to carry out the minting. The burn rate can be set between 0 and 10 quantity of SPACE.
Key Features of MVC-20:
- Layer 1
- Fair distribution [Fair Launch]
- High concurrency and low latency transactions
- Burn to mint
- Customizable: Burn rate 0-10 Space
- Permissionless
- Multi-functional Launchpad
- Compatible with various existing ecosystems and wallets, such as Show3, Orders.Exchange, MVCswap, Metalet and Indexer
MVC-20 Official Launch Day:
Starting from January 22, 2024 [UTC 15:00PM], user can begin to explore the innovative burn to mint mechanism of MVC-20 protocol. Get ready to experience the future of blockchain with MVC-20.
For more details, please visit:
https://mvc20.space/
https://mvc20.gitbook.io/intro
Microvisionchain: Introducing the Ultimate Solution to Bitcoin’s Scalability Challenge!
Microvisionchain presents a novel concept of Unified Scaling Ecosystems for Bitcoin, aiming to resolve Bitcoin’s scalability issue definitively. This plan doesn’t merely offer a same structure to Bitcoin but enhances Bitcoin’s capabilities by:
1. Superior Scaling:
Introducing a scaling solution that outperforms traditional ETH layer2 solutions. Imagine a Bitcoin ecosystem that’s ever-expanding, equipped with a Turing complete smart contract layer, and offering ultra-low fees without congestion.
2. User-Friendly:
Keeping it simple. A single private key can be used across all related second layers/sidechains, making the transition of ecosystem applications seamless and straightforward.
3. Unified Ecosystem:
Unifying countless second layers/sidechains with BTC at the core to collectively tackle BTC’s scalability issues. This will enable global user participation in Bitcoin ecosystem applications.
Implementation Steps:
Step 1: 1 MVC
The MVC node is expected to upgrade in March or April 2024, enabling the BTC ecosystem to transition seamlessly to MVC. MVC has already solved its scalability issue, with a measured TPS of up to 10,000 and transaction fees lower than 0.1 cent. MVC is the first Bitcoin-structure side-chain to implement a layer 1 smart contract on the UTXO structure, enhancing user experience and application capabilities.
Step 2: 100 MVCs
Developers can run a replicated MVC network within half an hour and adjust parameters as needed, provided the core UTXO structure and underlying capabilities remain unchanged for future compatibility with MVC and BTC.
Step 3: Use of Bitcoin
The creation of a global Unified Scaling Ecosystem for Bitcoin will permanently solve BTC’s scalability issue. Having 100 MVCs equates to having 100 large UTXO networks fully conforming to Bitcoin. Subsequent updates will support these 100 MVCs and various third-party Bitcoin-structure second layers/sidechains/ecosystems to form a globally expanding Bitcoin ecosystem expansion network.
Supporting ecosystems:
- Mapping Satoshi Asset Bridge
- UTXO chain block time synchronization system
- Wallets that support multiple chains, and more.
We’re confident that, through MVC’s POB mechanism with builder grant program, we can attract global developers to revolutionize the whole blockchain industry and permanently resolve BTC’s scalability issue together.
Benefits of the MVC Unified Scaling Ecosystem plan:
Microvisionchain is a simple and elegant scalability solution that will permanently solve Bitcoin’s scalability issue and enable Bitcoin assets to possess smart contract capability. It is a superior scaling solution than many ETH second layers, uniting future second layers to collectively address Bitcoin’s scalability in a global network.
Bitcoin Price at 2011 Levels Returns as Bitcoin BSC Launch Provides Chance to Earn Free Bitcoin Clone Tokens
Back in 2011, the Bitcoin price was $1, but today, following the launch of the Bitcoin BSC coin crypto presale on the BNB Smart Chain, buyers can acquire the token at a similarly low price and earn free Bitcoin clone tokens too.
Bitcoin, the world’s leading cryptocurrency, is struggling right now after bulls were trapped as enthusiasm at the prospect of the SEC spot bitcoin ETFs getting speedy approval receded. The price retraced below the $26k level, but it has been a different story for Bitcoin clone derivative coins.
During the past three months, for example, the Bitcoin Cash (BCH) fork from Bitcoin is up 73%, while Bitcoin has fallen -2.3% in the same time period.
Meanwhile, a similar staking-based bitcoin derivative coin to Bitcoin BSC, BTC20, which launched a month ago, is up 52%.
In fact, BTC20 hit an all-time (ATH) intraday high of $6, equating to a 688% 7x gain on its $1 presale and listing price.
Yet another bitcoin clone derivative, this time BTC2.0, rose to an ATH of $1.06 to register a return of 538x, although the price has retraced markedly from its peak.
Earn free Bitcoin clone tokens with stake-to-earn Bitcoin BSC coin
Bitcoin BSC aims to match, or beat, the success of all of these Bitcoin clone coins, and to achieve that end it has a not-so-secret weapon – staking.
While the performance of BTC2.0, not to be confused with BTC20, since its heights has been somewhat underwhelming, there has been more of a steady-as-she-goes approach by the likes of BTC20.
That’s probably largely down to the ballast effect of staking, which bears down on any selling pressure that may emerge at listing.
In this way, Bitcoin BSC seeks to emulate BTC20 by adopting a similar design and strategy, providing the price with a stable platform for takeoff.
Like BTC20, Bitcoin BSC has staking utility built into its design from the outset.
However, it should be noted that there is one important difference between Bitcoin BSC and BTC20 – Bitcoin BSC is a BEP-20 BNB Smart Chain-compliant token, and BTC20 is an ERC-20 Ethereum-compliant token – hence the BSC in the name.
Staking has been popular in the crypto DeFi space, but enthusiasm waned in the aftermath of high-profile implosions of staking ecosystems such as Terra Luna.
However, the attractiveness of transparent staking that has a clearly defined source of yield, unlike the opaque algorithms in use on Terra Luna, has not gone away.
With $BTCBSC, which runs on the BNB Smart Chain, the yield is paid out over a 120-year period, in line with Bitcoin block confirmations. Altogether, 69% of the total token supply is allocated to distribute as rewards.
Staking provides token holders with a way of earning token rewards in proportion to how many coins of the total pool they deposit into a staking smart contract and the time they choose to stake for.
It is this staking feature that will deliver price support while offering both positive capital returns and income yield to network participants.
Bitcoin BSC staking is operative now, even before the coin lists on the decentralized exchange PancakeSwap.
You can keep an eye on how many token holders are staking by visiting the real-time Bitcoin BSC staking dashboard.
You can snap up Bitcoin BSC at the low Bitcoin 2011 price of $0.99
$BTCBSC can be bought today for $ 0.99 – the same price the Bitcoin was at back in its 2011 early days, and a far cry from the $25,7000 it will cost you to purchase Bitcoin at today’s prices.
Bitcoin BSC’s comparatively low price means contributors to the presale could be sitting on substantial upside potential when the Bitcoin halving bull run takes off.
The four-yearly event that sees block rewards halved on the original Bitcoin network has previously ushered in mind-melting bull runs.
This halving is expected to have the effect of lifting all boats – especially the prices of quality Bitcoin clone derivative coins such as $BTCBSC.
Bitcoin BSC has the same total token supply as Bitcoin – 21 million. Of that total supply, 29% is up for grabs through the presale of 6,125,000 tokens, meaning BTCBSC has an initial market cap of $6,063,750.
Two percent of the supply is reserved for DEX liquidity provision to guarantee smooth trading at launch and beyond.
The remaining 14,455,000 BTCBSC tokens (69% of supply) is reserved for staking rewards, which are paid out every 10 minutes as new blocks are added to the chain.
At that token emission rate, the maximum supply will be reached in about 120 years – the same time frame as Bitcoin.
Presale and post-presale investors can buy and stake tokens at any time with a 7-day lock on withdrawals.
Bear in mind that because BTCBSC runs on the BNB Smart Chain, to buy and stake in the presale, you will need to use BNB for your purchase. However, those buying with ETH today can start staking after the presale ends.
Faster, cheaper, more powerful and expandable than other Bitcoin clones
Still, staking is not the only advantage BTCBSC has over Bitcoin and the larger-cap clone coins such as Bitcoin Cash, and Bitcoin SV.
For one thing, $BTCBSC uses a proof-of-stake protocol, which means it runs on a much more scalable blockchain that is also cheaper and more efficient to transact on.
Because BTCBSC is built on the BNB Smart Chain, transaction fees are less than $0.10, compared to around $10 on Bitcoin and approximately $20 on Ethereum, depending on network conditions.
Another advantage BTCBSC has is its fast transaction speeds, which are typically less than 5 seconds compared to 10 minutes for Bitcoin, BCH, and BSV.
BNB Smart Chain is capable of running applications, too, so there’s no limit to future development possibilities for Bitcoin BSC.
Bitcoin BSC has a lot going for it, and with only $3,960,000 being raised in the presale, demand is sure to be robust.
Crypto market prices are generally becalmed, but there are waters where the current is much healthier. In the Bitcoin derivative clone sector, there’s all to play for as far as bagging out 10x gains goes.
Get in early, and the rewards will not just accrue to long-term stakers earning a generous APY, but also to those who want the chance to access life-changing returns.
BiXBiT announced a new Bug-Bounty program as a part of testing their products
The BiXBiT Dev division has launched a monitoring system (AMS) that will help make mining more safe & convenient. Users are invited to participate in the Bug-Bounty program as testing of a new system and make suggestions for improving the program. Also, the parent company BiXBiT has created immersion cooling for cryptomining, which is recognized as innovative. About unique developments for miners — further.
The monitoring system (AMS) from BiXBiT Dev now can be tested by any user. At the same time, miners are invited to leave feedback about the system, suggest ways to improve it and make objective comments. You can also try to find the system’s vulnerabilities and AMS bugs. The company does not focus on the last two factors, but nevertheless they can be considered.
BiXBiT bounty program
As an innovative project, BiXBiT combined the classic Bug Bounty program and the Giveaway referral program. As a result, the referral system acted as an additional incentive that motivated more users to join the project.
The company offers to become participants of the main prize drawing within the Seasonal Bug Bounty project. Seasonal drawings are very relevant, as every season a new version of the product is offered.
In order to get the maximum number of points, you need to leave a review, submit a video, do additional reviews on social media or invite new participants. The company provides a table that shows how many points you can get for an action. When evaluating a review, attention is paid to its usefulness and informativeness.
Duration date: Bounty program will continue for one month from the start date.
How to participate in a bounty program?
First, you should register on the BiXBiT bounty website. After filling in all the necessary information for the Bounty, you can start testing.
To start testing, you should log in to your AMC on BiXBiT website and download the firmware to his device. The firmware can save you up to 20% of total energy consumption and reduce your fees.After testing the system, you can leave your feedback on the website. As a bonus, the company offers an award to the winner who will leave the most detailed and useful feedback.
Also, when testing the system, all users automatically become members of the referral program. Everyone is given a referral code that can be used to invite new members. Points are awarded for a review left, a video sent, additional reviews and invited users.
Testing of the BiXBiT ecosystem is offered at a reduced fee or without it at all. At the same time, a branded ASIC is available to users. And, of course, the opportunity to win prizes should be considered as a motivation for activity. In the future, the AMS system will be supplemented.
It should be noted that BiXBiT is an experienced developer and implementer of innovative solutions for immersion cooling. The company’s proposals are very important when conducting cryptocurrency mining operations. High hash rates of mining equipment during overclocking and high-quality temperature control are the opportunities that the company creates.
BiXBiT immersion cooling systems
BiXBiT has repeatedly surprised miners with high-quality submersible cooling systems. These were racks, cells, as well as containers for full-fledged mining. Miners also got access to state-of-the-art firmware that optimizes settings and improves hashrate capabilities.
Core Advantages of immersion cooling
The advantage of immersion cooling is the use of a non-conductive liquid for more efficient heat dissipation. The advantage of this design is that there are no fine particulate emissions in the form of dust, which is helpful in better equipment protection. Along with noise reduction, this reduces energy costs by up to 30%.
Unlike other vendors, BiXBiT immersion cooling systems are compatible with ASICs designed for air cooling. This allows you to significantly reduce equipment costs without losing cooling efficiency.
Noise reduction makes it possible to ensure favorable working conditions. While the SRT systems equipped with air cooling are supplemented with muffling covers, as well as other similar devices, usually the noise flow is reduced only at the limit of up to 20 dB. Just a feature of immersion cooling is that the system reduces the noise level to a slightly noticeable indicator.
Will BiXBiT become an innovation in cryptomining?
For five years, BiXBiT has been creating innovations for mining cryptocurrencies.
The company offers miners safe and efficient equipment. At the same time, the details of the original design are well thought out and maximum mining performance is created.
BiXBiT miners are supplemented with submersible cooling systems. This property makes it possible to form a productive use of space and improve the potential value of the hashrate. After all, really effective cooling is carried out. The firmware performance is high, which is also important.
Results. BiXBiT offers unique solutions for miners. BiXBiT’s innovative cooling systems allow you to use space more productively, increasing the value of the hashrate. The supplied equipment is able to activate business processes, regardless of the scale of the business.