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    USDCAD Technical Analysis – 1.2640 Huge Upcoming Resistance

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    Risk-on mood on global risk assets follow by improving Shanghai COVID situation

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Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

Jose Lobo by Jose Lobo
June 7, 2019
in Forex, Gadget, Startup
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Understanding how an asset is created is essential in order to take a correct position when deciding if you should buy, sell or hold your positions. 

In this video you can see how a Bitcoin mine operates. The costs are high, not only there is an heavy investment in computer power but also in terms of electricity to run the farm. In this example in Dalian, China, one single farm consumes 1.250 Kwh per day with a mining capacity of 25 to 30 bitcoins per day, add the costs for rental space, employees and  equipment and Bitcoin mining will not be profitable if it falls below 4.000 USD.

Tags: Business AnalysisBusiness TipsGold PriceInvestment LossSillicon ValleyVenture Capital
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Jose Lobo

Jose Lobo

Jose Lobo completed a BEng(Hons) degree in Digital Electronics, Computing and Communications at University of Brighton in 2010. In June 2012, he finished an MSc in Modern Communications Technologies with Business Management at University of Sussex. Since October 2011, he has been involved with the Vetronics Research Centre/University of Brighton undertaking a part-time MPhil/PhD program. During the last 7 years José has been involved in extensive teaching activities.

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Market Overview

edit post
USDCAD Technical Analysis – 1.2640 Huge Upcoming Resistance

USDCAD Technical Analysis – Pair holds below 1.3000 as investors gauge energy demand

by Nathan Batchelor
May 18, 2022
0

The USDCAD remained resilient holding above 1.2800 support as the dollar got a boost from Fed’s hawkish sentiment....

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