Bitcoin on a bullish run to USD 110,000

Bitcoin could be on the heels of "a massive rally" as the weekly chart offers a unique sign of strength. A recent analysis of the cryptocurrency space by several prominent names suggests that it is time to abandon the idea of a bear market.

Despite talk of a new macro price for BTC, perhaps at the $12,000 level, the new outlook calls for a rethink. Whether due to macroeconomic factors or simple bitcoin price cycles, there are three new reasons to be optimistic about bitcoin at its current state near a two-year low.

The BTC could reach 110,000

A stock market recovery could boost the BTC price to $110,000. The first is a theory that assumes a macroeconomic market catalyst, put forward by analyst Henrik Zeberg.

In a Nov. 24 tweet, Zeberg stated that bitcoin has always behaved like other risk assets, but notably "not like gold." If the fall of the FTX weakens the correlation between BTC and equities, there is no reason to give up on the idea that it will come back.

For Zeberg, a rising tide lifts all boats and a possible rally in the risk asset camp could push the BTC/USD pair above $100,000.

"Bitcoin moves as a risk asset (not like gold!). If the SPX explodes higher from the blow-off top to the 5700 - 6000 target range, Bitcoin should rise to $90,000 - $110,000." He wrote. 

Bullish divergence indicator reflects March 2020.

Returning to trends focused on cryptocurrencies, on-balance volume (OBV) is an indicator that gives a clue of a possible bull market ahead.

According to popular trader Alan Tardigrade, now is a good time to be cautious, as the weekly BTC/USD chart shows 20 weeks of bullish divergence.

"This shows that the downward trend is losing momentum," read the comments section of a Twitter message 

An upward move would correspond with Bitcoin's behavior after the COVID-19 stock market crash in March 2020.

The OBV acts as a cumulative measure of buying and selling pressure by keeping a continuous record of volume over a period of time. It is similar to a cumulative volume delta, but includes more than just buy and sell transactions.

Bullish RSI Divergence Seen in Bitcoin

The OBV is not the only bullish divergence causing a stir in bitcoin analyst circles. For bitcoin trader and technical analyst Mags, this phenomenon, the first in bitcoin history, is an event to watch out for in the future.

Looking again at the weekly chart, Mags noted that the relative strength index (RSI) of the BTC/USD pair is now printing a bullish divergence in the weekly trend that has never been seen before, even at previous bear market lows.

"Each BTC bull market peak has produced a bearish divergence in the RSI, followed by a bear market correction," he explained.

This is the first time BTC has printed a bullish divergence in a week. It is the first time in a week that we see a bullish BULL. Something never seen before.

ANTMINER K7 63.5THs THE NEW BITMAIN RELEASE

ANTMINER K7 63.5THs NERVOS mining.

Bitmain published last November 21st, that its new ANTMINER K7 preorder had sold out in only 28 seconds through its account of twitter.

ANTMINER K7

The pre-order is scheduled for JANUARY 2023, but it is expected that they will release more units again as many BITMAIN fans complained that the maximum purchase quantity was 50 units which meant that very few people had access to buy them.

As details of the machine, we know that it will mine the EAGLESONG algorithm where the NERVOS cryptocurrency is hosted, has a mining power of 63.5T and a power consumption of 3080W.

This machine is currently in the TOP 10 of the most profitable machines, generating a daily profit of approximately 27$.

Do you want to know more about this machine? Click here here.

If you have any questions, you can send us a message to:

  • E-mail: contacto@minandovoy.com
  • WhatsApp, by pressing here.

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💌 The winner must contact contacto@minandovoy.com the following 72 hours after the end of the sweepstakes (until December 2, 2022 at 23:59 local time Spain).

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We know that you have worked hard on this sweepstakes, invited many friends and followed us on our channel of TelegramWe want to emphasize that even if you don't win this raffle you will have the chance to win many more, in this case it was an AMAZON GIFT CARD.

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If you have any questions about how to generate cryptocurrenciesContact us:

Instagram: minandovoycom

Mail: Contacto@minandovoy.com

WhatsApp: +34 654 20 11 39

MINANDOVOY MINING HOSTING 2022

Hello Miners!

How many times have you wanted to invest in mining but space has prevented you from doing so? Well, you won't have that problem again with our HOSTINGS!

MinandoVoy, brings you the solution to your problems and offers different solutions for you to choose the one that best suits you.

WHAT IS HOSTING?

These are spaces dedicated to the storage of mining equipment with spectacular conditions that greatly facilitate the production of cryptos: low electrical costs, security, good cooling.

Do you want to know more? MinandoVoy has more than 10 hostings around the world, among them:

Hosting in Abu Dhabi, United Arab Emirates (Top 1)

  • It has a capacity of 5 MegaWats and can be expanded further if needed.
  • Electricity price: 0.068-0.069$ kW/H + 0.006$ kW/H service management fee
  • Minimum number of machines are:
    • Air cooling: 1 Machine.
    • Inverter cooling: 4 Machines.
  • Installation cost: 150$ per machine.
  • Deposit: 3 months of electricity consumption in advance.
  • 10% Commission of the mined.
  • Minimum 12-month contract.
  • ONLY accept ASICs.
  • It is a private area with alarm and video surveillance 24/7.
  • Possibility of taking out insurance.
  • 10% import rate

We show you some images about it:

This would be what we call air cooling.

And this cooling by immersion with dielectric oil.

Hosting in Buenos Aires, Argentina.

  • It has a capacity of 5 MegaWats
  • Electricity price of 0.04$ per kW/h + 15% of reward
  • Minimum number of teams: 1.
  • Price per installation: On request.
  • It is not necessary to pay in advance.
  • Minimum 36-month contract.
  • Air cooling only.
  • Private area, alarm and video surveillance 24/7.
  • RIGS or mini ASICs ONLY.

Type of energy: Solar.

hosting Argentina

Example of IGR cooling.

Hosting in Kuwait

  • It has a capacity of 5 MegaWats, more can be added if needed.
  • Electricity price of 0.06$ per kW/h + % reward to be treated + 0.006$ kW/H service management fee.
  • Minimum number of teams: 1.
  • Price per installation: 0$
  • 3 months of equipment consumption must be advanced.
  • Minimum 12-month contract.
  • Air cooling only.
  • Private area, alarm and video surveillance 24/7.
  • ASICs ONLY.
  • 5% import rates

Facilities in Kuwait.

ASIC miners at the Kuwait facility.

Hosting in Texas, USA

  • It has a capacity of 1 MegaWats, more can be added if needed, up to 10MW.
  • Electricity price of 0.089-0.094$ per kW/h + 0.006$ kW/H service management fee.
  • Minimum number of teams: 1.
  • Price per installation: 550-700$
  • A deposit of 2 months must be paid in advance.
  • Minimum 36-month contract.
  • Air cooling only.
  • Private area, alarm and video surveillance 24/7.
  • ASICs ONLY.
  • Import taxes to be consulted.

Storage Containers in TEXAS

Installation and storage location of ASICs

ADDITIONAL INFORMATION ABOUT HOSTINGS

Is maintenance included? In some hostings the maintenance of the stored machines is of course included, although you must consult us in which one.

Is repair included? As long as the machine generates a failure/error that has nothing to do with maintenance, if not for the machine itself, it will be billed separately from the hosting fee.

Who will be in charge of fixing my machine? In case the repair budget is feasible, we will have technicians at the hosting, if for any reason it could not be fixed in that location, the customer will be informed and will have to pay the transportation costs.

Can we see our machines? Yes, of course, you can ask us for a video or report of the status of your machine, this process can take from 48 to 72 hours, as long as it is within working hours and does not interrupt any holiday.

If you have any questions, you can send us a message to:

  • E-mail: contacto@minandovoy.com
  • WhatsApp, by pressing here.

Ethereum Classic, a project powered by Bitmain 2022

Bitmain, the world's largest ASIC chip manufacturer, announced the creation of DAO, a Decentralized Autonomous Organization, whose goal is to develop the ETC ecosystem, which continues to use mining as a method of security and consensus.

The company's manager has stated that it is a non-profit organization composed of FTE and POW (Proof Of Work) builders.

The announcement of Bitmain as a driver of ETHEREUM CLASSIC took place during the World Digital Mining Summit Global 2022.

They already have a fund of USD 10 Million, although distributed in 5 million in USDT and 5 in ETC. This fund has one goal, which is to support specialist developers and programmers of Ethereum Classic software and cryptocurrency mining. Also, it involves the development and design of mining equipment.

Bitmain representative states: "We want to introduce ETC at the highest level of intelligent blockchains that are based on PoW consensus, with high decentralized security and resistance to censorship".

Consequences of ETHEREUM CLASSIC after the Merge

Bitmain has an interest in Ethereum Classic mining and its ecosystem because of the recent ETH merger.

The ETHEREUM miners were forced, after the Merge, to migrate to other networks, and ETHEREUM CLASSIC was the main network for them, receiving more than 150 TH/s. In addition, it is the network with the highest number of Hashrate o GPU mining participation.

Bitmain's interest is based on all the equipment that could be developed in the future, since it is possible to mine with graphics cards (GPU) or ASICs.

ETHEREUM CLASSIC

During his presentation, Xmei Lin also raised the idea that Bitmain is reportedly working on a deal with Tether, a company whose main product is a stablecoin tied to the price of the dollar.

If you have any questions, you can contact us by WhatsApp at the number: 654 20 11 39 39 or 654 81 30 59

Best regards and many cryptos!

NEW 2022 MINANDOVOY WEB SITE

Good morning Miners!

We are pleased to present the new website of the number one cryptocurrency mining company in Spain... Minando Voy!

We would like to tell you about all the improvements we have taken into account for the launching of this new website and also how it benefits you when acquiring a miner.

The most important thing we can see is that, you can schedule a free 30 minutes call with one of our mining experts, so they can advise you why you should invest and in what, based on your needs/options. This option can be found on the main page, below after the newsletter and in addition, several buttons in the bottom right corner with the schedule call button, telegram and WhatsApp.

Once you click on this button, you will be redirected to a page where you must register to choose a time slot to speak with our experts.

Then, to know how much each machine generates per day, we have placed a carousel at the top of the web where you can see both the model of the machine and what it is currently generating per day.

If you still do not know which machine is best suited for you, we have placed different categories, which in our opinion, are well distributed based on what you are looking for:

  • By brand, if you are looking for a specific manufacturer.
  • By currency, if you want to mine a particular coin.
  • Divided between: beginner, advanced and expert.

You can also find out the latest news, through YouTube and our blog, which we will be uploading news of interest about the world of mining.

NEW CATEGORIES:

  • Accessorieswhere you can find products that will increase the life of your equipment or store your cryptocurrencies safely. You can also find merchandise from MinandoVoy.
  • Components, here you can buy any part to replace in your machine or have a spare part for a future occasion.
  • Guides, in this section you will find explanations that will help you with any doubts that may arise with your new equipment or even with the equipment you already had.

Finally, we have as a launching promotion of the new website, an offer where we give away a Ledger or cold wallet with the purchase of the ASIC machine, Avalon 1066 50T dedicated to Bitcoin mining (valid until the end of the promotion).

What do you think of the new Miners website?

Greetings, many cryptos and see you at minandovoy.com! 💰💸