Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
Solo Bitcoin mining earns lucky 263K USD
A Bitcoin miner [BTC] solo has achieved the rare feat of finding a block and receiving a 263K USD reward with a relatively inexpensive mining machine.
According to Con Kolivas, a developer in a solo mining group used by this miner, solo.CKPool Bitcoin, calls this a “one in a million” opportunity based on the type of compact mining machine used.
Kolivas said the miner used a Bitaxe machine with a power of 480-Gigahash per second (GH/s) and is the 297th solo miner to find a BTC block from this pool.
Miners have been rewarded with 3.15 BTC (worth 263K USD), including block rewards and transaction fees.
Miner’s Coin Line
That’s right, the money flow of BTC miners, one of the selling pressures on BTC, has decreased in March compared to the end of February.
On February 26, up to 21.6K BTC were transferred from miner wallets, selling pressure coincided with the first time BTC dropped below $90K.
The next major miner sell-off will take place on March 10, when 11.6K BTC will be sold, about half of the drop in late February.
In general, the mining pressure has decreased over the past two weeks and may provide enough room for BTC to recover.
Similar prospects are also confirmed by the Miners’ Position Index (MPI), measuring whether miners are selling BTC and its potential impact on prices.
MPI has risen to a very hot area above 2 at the end of February, confirming the selling pressure pulling BTC below the previous bottom of 92K USD.
MPI has recovered slightly at the moment and may limit the BTC’s upward momentum if it surpasses the 2 level once again. Meanwhile, BTC is priced at 84K USD, up 10% from the recent low of 76K USD, but faces a barrier at 85K USD.
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news in the cryptocurrency market and not miss any important information!