The market rebounded for two days over the weekend.
The rebound trend continues today. Before Bitcoin breaks through the previous high, the main trend is rebound.
The probability of a direct breakthrough is relatively small at present, and the high probability is to fluctuate until the end of the month and wait until the monthly line is closed.
Don't be greedy in the short term, buy low and sell high appropriately
After Bitcoin's monthly line is closed, the probability of another large-scale breakthrough is higher
After the Bitcoin halving, the difficulty of mining has increased, and the cost of mining and energy and electricity have risen.
The impact on the existing business of traditional Bitcoin miners may not be significant.
However, the additional business volume will greatly increase the entry threshold into the mining circle.
According to a report released by CoinShares on April 22, cryptocurrency miners may turn to artificial intelligence (AI) after the Bitcoin halving. The halving will cause miners to face a significant increase in costs, with electricity and overall production costs almost doubling. Miners may try to reduce these higher costs by optimizing energy costs, improving mining efficiency, and purchasing more affordable hardware, but the potential benefits of turning obsolete computing equipment into the (AI) field may be higher.
Coinshares noted that mining companies such as BitDigital (BTBT), Hive (HIVE) and Hut 8 (HUT) already generate revenue from AI. Meanwhile, TeraWulf (WULF) and Core Scientific (CORZ) have AI businesses or plans to develop them.
Recently, I have been thinking about the future development trend of Bitcoin miners and which field they will develop in.
At present, that sector has actual demand, demand for economies of scale, and can also accommodate a large influx of capital.
I finally figured it out. The most likely mining strategy for Bitcoin miners next is to develop artificial intelligence computing services.
I checked the data online and found that the data of web2 Internet companies is astonishingly large every year. With the development of artificial intelligence, the web3 field also needs artificial intelligence data centers, computing power computer room platforms, cloud computing and other services.
With the development of technologies such as artificial intelligence, big data, and cloud computing, the demand for computing power has exploded, especially since 2014. After openAI launched gpt 3.5, AIGC became very popular, and many domestic basic large models came into being, forming a "hundred-model war" in which major Internet companies entered the game, which in turn led to a blowout in the demand for AI computing power. The blowout in the demand for computing power has brought development opportunities to data centers.
In 2024, openAI released Sora, and the large-scale model of Vincent’s video has a huge market capacity for computing power.
Therefore, I predict that the development trend in the next few years will definitely be centered around the computing power + web3 mining model, which will be easier to obtain capital bets.
So friends can focus on new opportunities in these areas!
In the web3 field, the rewards for early investors are ten or a hundred times the returns.
Of course, for those in the secondary market that have this direction and are leading, you must hold on to them, because this is an investment opportunity that will change your destiny.
Today, SSV performed well overall. After looking at the news, it turned out that another re-staking platform had connected to the SSV protocol.
At present, SSV distributed verification technology has been widely recognized and promoted in the pledge ecosystem. I believe that with the expansion of the LDO ecosystem and the maturity of new technologies, the TVl of the SSV ecosystem will reach a higher level.
On April 22, according to official news, Ether.fi decided to integrate SSV into its protocol to enhance the resilience of the Ethereum base layer and mitigate potential risks, and strengthen its re-staking operations to prevent client errors, geographical risks and other failures that may undermine validator performance.
SSV is the earliest currency deployed by our community. We allowed everyone to invest in it at the earliest bottom of $11, and as of today, the returns have been several times.
At present, the price has come down after this round of correction. For those friends who have not yet made a layout, you can still do so.
The price will definitely reach more than $300 in the future. If you have chips at the bottom of the current range, you can make some appropriate swings, but the bottom position should remain unchanged.
Our goal is to achieve 1 million with 300 ❗️❗️
That’s all I’m going to share with you today! If you haven’t followed me yet, please follow me so you don’t get lost.
