In the cryptocurrency space, there are early and late entrants. However, many people have bad habits; how many do you have?
The cryptocurrency space is complex, enter with caution.
Carving a boat to seek a sword.
The cryptocurrency market has cycles, which is a widely acknowledged view in the industry. However, the cycles and the processes within them yield different results based on solving problems. It is absolutely not a method of carving a boat to summarize each evolution process. Cognition is very important, and summarization is crucial. We shouldn't think of jumping into a pit for a while. We must timely jump out and have the awareness to summarize and not fall into the pit again. The past bull and bear market transitions have had different evolutionary results. In 2017, Wu Jihan's team raised the issue that Bitcoin's transaction speed was too slow, affecting the trading experience. Thus, a fork coin called BCH emerged in 2017, leading to many fork coins during the 2017-2019 cycle, such as BCD, BSV, and BCHABC. The name of Bitcoin Cash alone has changed several times. Moreover, there was ETH's ICO and private equity. Ultimately, the issues ended in 2019 when LTC migrated the Segregated Witness technology into BTC to solve the transaction delay problem. Why not mention events from 2014 or earlier? Because they are not representative. So we won’t discuss them. Now, what was the starting point of the bull market from 2020 to 2021? DeFi staking mining, because the threshold for Bitcoin mining is too high, requiring enormous costs from capital investment to equipment development and operational input. Hence, DeFi staking mining emerged. In this process, market speculation gave rise to a wave of animal coins, with Dogecoin being a typical representative due to a statement by Musk. Whether it was genuinely said or not, no one knows. However, the result was a variety of animal coins came out. This year? If you are still shouting that Dogecoin will rise, you are just carving a boat to seek a sword. The four bull and bear market transitions are never the same. If you still enter the bull market with the mindset of the last cycle’s animal coins, the outcome is self-evident.

Since the beginning of mining, I have been studying the changes in computing power. Initially, there were only three companies in the market for Bitcoin mining machines that were very prominent: Bitmain, Jianan Yunzhi, and Yibang International. In 2017, the total global computing power was only 4 EH, which had increased to 59 EH by 2019. By the time of the halving in 2020, it had reached 159 EH, and in 2021 it directly entered 389 EH. This year, it peaked at around 850 EH. Therefore, corresponding price changes allow us to draw conclusions easily. In 2017, it was 120,000 RMB, while in 2021, it directly reached over 60,000 USD. Now, in 2024, it is nearly entering 100,000 USD. What about Litecoin? In 2019, after the halving, the highest computing power was 670 T, and as of last month in 2023, it stabilized at 1 P. In recent days, it has directly increased to 1.5 P. The most popular recent mining machine updates are for LTC miners, and the delivery cycle starts this month. There will be a large number of mining machines coming online every month. How many times does the computing power need to grow? This kind of growth represents the speed of difficulty increase. Currently, the growth rate of Bitcoin difficulty will not see too much increase. When the volume of computing power doubles, the price will double. Currently, LTC's computing power has already increased by 50%. The recent increase in computing power will see a huge change. We will wait and see.

A divergence in the market is about to appear, and a situation where it moves in the opposite direction from the main line Bitcoin will soon occur. I am a ten-year veteran miner. What I see is different from what many others see; starting next month, there will be a large and stable online opportunity for Litecoin mining. The increase in computing power will be very significant. What changes will a large delivery of equipment bring? With the difficulty increasing, computing power rising, and the number of mined coins decreasing, the price will rise rapidly. This is the logic of stable upward movement. Proof of Work (PoW) has always been the main line of this industry. Every excess is an update and iteration. The sales of Litecoin mining machines this time will far exceed that of Bitcoin mining machines. Therefore, the potential for Litecoin to rise significantly this year to next year is huge. Moreover, it will restore Litecoin's price after the last halving. Everyone is watching closely. Eye-catching changes in the market will soon appear.

Now does not represent the future; there may be some factors at play that make the dog coin grow faster at present. However, fundamentally speaking, a culture of tipping cannot have too high of an explosion. Comparatively, why do many people not buy Bitcoin? Because Bitcoin is too expensive. Why do many people like dog coin? Because the hype around dog coin is currently high, thanks to Musk's endorsements. Did Musk really say those things? We need to put a big question mark on that. The market is a space that creates bubbles. Returning to substantive things means removing the bubble. Why not mine dog coin and send Litecoin? Why is it mining Litecoin that sends dog coin? Which one do you favor more? One is an infinitely inflationary dog coin with extremely high transaction fees. The other has 84 million coins, and as of today, there are still over 10 million left. The computing power is still continuously growing; last year, there was already a reduction, but dog coin did not reduce. This indicates that the higher dog coin grows, the more bubbles there are, and the larger the space for a downturn. If Litecoin continues to go down this year, what kind of state will it reach? The latest equipment, a 17g miner, produces only 0.04 Litecoin; isn't that pitifully low? What about Bitcoin's principle? If a 100t device can mine one Bitcoin in a day, could Bitcoin still be at its current price? The essence of Bitcoin mining is chip operation. What is the essence? Is it somewhat of a false proposition that the electricity cost exceeds the product cost? Both are years-old currencies, but the transaction fees are indeed low! Litecoin. No worries, everyone should try using dog coin to make a transfer and see how high the transaction fees are, which determines that its value and price will not be greatly highlighted. The tipping culture is about rewards; you can't possibly tip with trillions of assets, right? Many people say dog coin has increased five times and could go up to 50 times; I think that's just wishful thinking. Which one do you favor more? Share your views. I have been in this industry for ten years as an old miner. I have operated many mining farms, including many large-scale ones with operational teams that I personally assembled. As of today, I still have many people in my overseas team. Moreover, I have a good understanding of data analysis.

Thailand

Hulukou, Lianghe, Yunnan

Heilongjiang Mudanjiang Data Center

Nongling Longjiang Power Station
We have worked on so many venues, and no one can surpass us in professionalism.

Recently, the central bank has been releasing money, and Bitcoin has been rising, but some other currencies have not fluctuated much. The time for the real explosion should be coming. Recently, Litecoin should have the largest room for explosion. Recently, I always feel that there will be some adjustments. Litecoin has a lot of room for skyrocketing. In recent days, it will soon break through 120 US dollars. The precipitation period is too long. It is time to move the computing power to increase by 50%. This is not a simple thing. As of today, the difficulty of computing power should have increased, so the B price should have a quick response in recent days. This feeling is particularly strong today. Come on, friends, it will start to skyrocket soon. Who hasn't got on the bus yet? We must speed up and keep up.

There is a saying that if the law does not prohibit it, it can be done. There is no legal provision stating that Bitcoin mining is illegal. So why is it circulated in Chinese commercial circles that mining is illegal? The reason is actually very simple. The relevant provisions in the law. It is impossible for every common person to be familiar with them; even professional lawyers cannot recite all the relevant criminal laws. Therefore, everyone believes in misinformation. In fact, it is simple: mining is legal. However, using electricity in illegal and non-compliant ways is too common, which is why misinformation occurs.

This is a new regulation issued by the State Council. At first, I thought it was a local policy. It turned out to be an approval project issued by the State Council. Who can understand this? There is a wealth code hidden within.

A 50% increase in computing power represents a 50% increase in difficulty. The share of POW mining decreases by 25%. When such a thing occurs, it means an opportunity has arrived. Litecoin sends Dogecoin. The increase in Dogecoin is due to emotional reasons. Currently, the best equipment produces a total of 0.043 Litecoin per day. If the current price of Litecoin is $1000, then according to the current static POW coin earnings, it's $1000 * 0.043 = $43. In RMB, that's about 200 yuan. According to the difficulty adjustment time, there are still two days and 15 hours left. Changes are imminent. Based on the current popularity of LTC mining machines, computing power is expected to increase at least fivefold by next year. This means difficulty will also increase fivefold. Do you still think I'm exaggerating when I say Litecoin has a 20-fold increase? Many data analysis results require professionals to present them to you.

In a bull market, you are anxious; in a bear market, you are also anxious. Can you calm down and take a good look at the articles written by others to increase your own understanding? Dogecoin, since its inception until now, has a diversified mining method. Additionally, you need to understand what kind of special attribute it belongs to. Dogecoin belongs to the tipping culture, initially used for rewarding and liking articles, utilizing an infinitely inflationary currency that may have room for appreciation. But how much do you think it can rise? Some of its cultural attributes determine its rise and space. Why send Dogecoin to Litecoin? Why not mine Ethereum to send Dogecoin? Is it only Litecoin that has achieved multi-coin mining with various algorithms? Now everyone says to send Dogecoin to Litecoin, but look at the timeline and where all the large institutions define it in terms of position and perspective. Why say Bitcoin gold and Litecoin silver but not Bitcoin gold and Ethereum silver? Therefore, one must analyze things from multiple angles and dimensions. Those mindless people keep shouting about Dogecoin as a shitcoin in a zoo; this is a state of ignorance regarding knowledge. Those who say such things are filled with greed; perhaps human nature is like this, but in this market, it is anti-human. It can easily leave you with nothing and easily make you feel greedy. If you can't control your emotions, can't learn the right content, and can't improve your understanding, your outcome is predetermined. Some foolish individuals have empty minds, do not understand how to read, only know how to look at the title, then randomly comment below, and some even have ridiculous phrases and meaningless comments.

Please don't doubt my professionalism. I wrote on my personal Weibo on May 27 that there would be a drop in Bitcoin from June 15 to June 25, with the approximate drop mentioned in the article. On July 3, I successfully predicted the drop on July 4, and the drop was very close. The most amazing part is that I posted at 1 AM on August 5 in my personal community that '312 is coming,' during the period of the largest drop, precise to the minute. This is not something I am bragging about, as the chat records cannot be faked, and there were more than a dozen witnesses to this process. The time of posting the article cannot be wrong; I cannot alter the server's timestamp in my personal public account. I have been engaged in Bitcoin mining for ten years and have made my own achievements in the industry. I went to Kazakhstan in October 2021, arrived in Dubai on April 30, 2022, entered Thailand in May, and officially started working in Laos in mid-May. I have built mining farms in Kazakhstan, Laos, Thailand, and Nigeria. In China, I have seen my shadow in places like Dehong Prefecture in Yunnan, Lianghe, Yingjiang, Tengchong, Honghe, Urumqi in Xinjiang, and Mudanjiang in Heilongjiang. Years of working in computer hardware and software have taught me about computing power and data analysis. Many times, there are indeed pictures as evidence; after seeing them, one must learn to believe in order to seize opportunities. How long has Bitcoin been around to be doubted? For how long? Each time there is doubt, there is a surge afterward, lasting more than four years, with each cycle longer than the last. Therefore, it is correct to refer to the views of the elders when one is new to the industry; do not think about earning money beyond one’s understanding. When your level of understanding has not reached a certain height, you must learn and seek advice more, as this can help us avoid pitfalls and reduce losses.

The time to get back on track has come, when everyone is optimistic about Dogecoin. I am here to tell you that spicy strips will be even better. Many people are still talking about the benefits of Dogecoin. But everyone should remember the essence. The slogan of Bitcoin and Litecoin. The transaction fees of Dogecoin are high and unlimited issuance, which is mining Litecoin to give Dogecoin. The profits of Dogecoin are higher than those of Litecoin. So without Dogecoin, mining Litecoin is a negative profit. Then I want to ask, why not mine Bitcoin to give Dogecoin or mine Ethereum to give Dogecoin? What is the reason for mining Litecoin to give Dogecoin? Why can the technical layer of Litecoin penetrate into BTC? Segregated Witness transactions directly solve the problem of Bitcoin transaction delays. There have been multiple controversies over the years. No currency can directly solve BTC issues. Litecoin has always existed and remained stable for a long time. Shouldn't the real price of LTC exceed 1000 USD? Regardless of mining difficulty or constant quantity. Currently, the price of LTC should be closer to the 1000 USD mark. This year's biggest dark horse is spicy strips. There is no second option. At this time, we should hold LTC and watch the crypto market. Steady as a fishing platform. Let's take a look at the changes in hash rate in the pool, a 50% increase in hash rate. This means a 50% increase in difficulty. Let's see how LTC performs in the future.

Litecoin's computing power has increased by 50% in recent times, and a contrast has formed between Dogecoin and Litecoin. Dogecoin is falling, while Litecoin is rising desperately and by a large margin, with a wide volatility. The 50% increase in the entire mining industry represents that equipment is listed on multiple markets and the buying volume is large. I personally feel that Litecoin has increased by nearly 20 times this year. Whoever holds it firmly now will have more room to get rich in the future. As an old currency, there are so many currencies that have been removed from the major exchanges by the major head exchanges, and there are only a few currencies that have existed in the market for more than ten years. Where should the old leeks go? It should be very obvious, at least $120 before the end of this month. The sooner you get it, the better. I wish you all a bull market.

The cryptocurrency circle has been very crazy lately. Since Trump took office, Bitcoin has been soaring. Many people are saying that Dogecoin will increase by so many times this year. We must recognize the facts: Dogecoin's nature is a tipping culture; it is essentially an ancillary gift that split off from Litecoin. The slogan of Bitcoin, Litecoin, and Dogecoin has been shouted for many years. A currency that has lasted for over ten years, despite the many coins that have emerged, remains strong in major exchanges. Although its price is relatively low now, what is fundamental? Fundamentally, Dogecoin is mined through the algorithm of Litecoin. It's about mining Litecoin and then getting Dogecoin, not mining Dogecoin and getting Litecoin. In terms of transaction fees, speed, stability, and timeline, Dogecoin will never surpass Litecoin. The position of Litecoin will not be easily replaced; this year's biggest dark horse is in Litecoin, not Dogecoin. The more time one wastes on Dogecoin, the more it signifies future losses. Can we say that the Bitcoin of the past is the same as today's Bitcoin? If Bitcoin's payment speed were fast enough, Bitcoin Cash wouldn't have appeared in 2017. Today's Bitcoin has solved the transaction delay issue, but what has remained unchanged is the total fixed supply of 21 million. This law will not be broken, and it will continue to grow upward because the halving law signifies that for every Bitcoin mined, a significant amount of electricity costs must be paid. The strong support and backing behind it are evident. Therefore, Litecoin will strive to rise sharply this year, while Dogecoin may very likely create a huge bubble that will crash and never recover. Enhancing one's understanding is extremely important; do not listen to others about how Dogecoin is doing. Musk once said something; he can build rockets and send them into space, but he cannot save everyone on Earth. The financial market will inherently have bubbles; the process of eliminating bubbles is called a bear market, while bubble growth is called a bull market. I hope everyone earns abundantly in this year's bull market and achieves financial freedom.