On November 28, 2012, Bitcoin's first halving, the price rose from 13.49 US dollars to 1047.5 US dollars, an increase of 77.65 times; the second halving occurred on July 10, 2016, Bitcoin soared from 620 US dollars to 18,711 US dollars, more than 30 times. For practitioners in the mining industry and the one who join in the bitcoin cloud mining, the Bitcoin halving is a four-year event. Now that we have entered the third halving cycle, a new round of Bitcoin bull market will definitely come, but no one knows when it will come.
What are the characteristics of the Bitcoin halving trend?
A. The historical highs and exponential growth of Bitcoin prices mostly appeared after the halving.
B. Every time there is a halving, the price of Bitcoin will hit a record high. bitcoin cloud mining join
C. If Bitcoin bounces less before the halving, it bounces more after the halving. (And it will last longer).
D. There is always a callback before each halving, the first time it was -56.7%, the second time it was -40%, and the 50% callback was already before the halving. Bitcoin cloud mining join
Bitcoin has now completed its third halving. Historically, the first two Bitcoin halvings have spawned a big bull market. However, for mining practitioners, the halving is like "crossing the catastrophe". After the "harvest" is reduced, the price of Bitcoin directly determines the two destinies of miners: making money or encountering mining disasters.
How to make arrangements in advance to participate in this halving market?
There are undoubtedly two ways to get on the bus, to begin the bitcoin cloud mining join:
One is to buy Bitcoin directly in the secondary market. Anyone who has bought Bitcoin knows that it is easy to buy coins and hard to hoard. Coins bought from the secondary market are usually held in a very short period and cannot be held until the bull market starts. There are also some users who use coins as leverage and directly liquidate their positions. All their efforts are in vain. Moreover, all the purchased coins go through layers of links, and the cost is much higher than that in the initial stage of production.
The other is mining. The traditional mining industry has long since moved from individual mining to mining pool mining. In this evolutionary process, from CPU, GPU, FPGA to ASIC, it is constantly moving towards specialization. Mining opportunities have problems such as high price, short life expectancy, and difficult maintenance. This raises the mining threshold for ordinary users and cannot participate in this mining bonus. In recent years, the emerging cloud computing power has solved the hardware threshold problem for users to mine. As long as you purchase a contract on the Bitcoin cloud mining join, you can enjoy the mining revenue.
Bitcoin cloud mining joining can enable platform users to achieve a win-win situation. Bitcoin cloud mining joining is also the future development direction of virtual currency mining, providing more users with choices. Cloud mining only needs to purchase the computing power generated in the remote data center. For "remote" mining, there is no need to purchase equipment (which may soon become obsolete), no need to endure noisy noise, and no need to worry about hidden dangers. For users, Bitcoin cloud mining joining can eliminate the cumbersome steps of mining farms, mining machine settings, and mining noise caused by mining. In fact, to put it simply, Bitcoin cloud mining joining only needs to purchase the computing power generated in the remote data center for "remote" mining, without the need to purchase equipment. This is the "mining" in the new era.
After this halving, the price of Bitcoin will surely usher in a new round of explosion, but instead of speculating coins to make a difference, it is better to mine in the primary market to make steady profits. With the shutdown of small mines, the income of the mine will inevitably increase, so mining must find a large mining platform.
OXBTC is such a cloud mining platform. It currently has more than 200,000 mining machines and more than 300,000 users in 8 major mines. Withdraw cash, always leave the opportunity to those who dare to challenge, give yourself a chance, otherwise you will always be the remaining 80% of the 28 principles. Don’t miss this opportunity, come and join the Bitcoin cloud mining army!