The latest data shows that as of October 8, the total lock-up volume of Ethereum L2 was US$3.08 billion, an increase of 14.42% in a week, and the number of holding addresses of Ethereum also reached 172 million, occupying 17.37% of the global crypto market share, and the circulating market value. 2.62 trillion, a single ETH is worth 3556 U.S. dollars, becoming the second largest cryptocurrency after BTC.
ETH value application performance
01-Token issuance
More and more projects are based on the issuance of tokens on ERC20. As an open source smart contract platform, Ethereum has given the general public open and inclusive, allowing the use of Ethereum for fundraising, and also let us see the issuance of rights and interests on Ethereum The value of tokens-Realize the tokenization of real assets through blockchain technology.
02-DEFI liquidity mining
Decentralized finance — known as “DeFi” — seems to have become the killer application paradigm of Ethereum. The encrypted assets, financial smart contracts and agreements built on the Ethereum smart contract platform have remained popular since 2019. Not a small market enthusiasm, but also directly/indirectly gave birth to a strong rise in the price of Ethereum.
03-NFT market transaction
In 2020, the concept of NFT is very popular, and the creations based on it include: emojis, encrypted paintings, pixel avatars and other NFT series have become popular in the encryption world, and even NBA star Curry has thrown 55 Ethereum (about 180,000 US dollars). The purchase of the “boring ape” avatar at a price that once again pushed the NFT trading market to a climax, and also established the status of ETH as a mainstream transaction settlement method.
Standing at the time node of 2021, with the rise in the popularity and value of ETH, more and more people expect to seize the opportunity to make a profit. Compared with the high risk of direct transactions in the secondary market, mining is a way to obtain ETH from the source, and the cost is lower. Moreover, once the cost of mining is recovered, it is equivalent to holding ETH at zero cost in the later stage, which is highly risk-resistant.
ETH mining advantages
Stability
Compared with the large fluctuations in the value of the secondary trading market, the mining method of the graphics card mining machine has significant advantages. The mining looks extremely simple and unpretentious investment strategy. For speculators in the first-class market, what mining brings to users is not the imagination of getting rich overnight, but steadfastness, certainty, and the stability and continuity of wealth accumulation.
Profit margin
Thanks to strong market prices and relatively low operating costs, Ethereum mining has always firmly occupied a large market share. The newly launched London hard fork EIP-1559 will directly destroy the Ethereum Gas fee instead of paying it to the miners. However, due to the increase in the price of Ethereum after the hard fork, the income of Ethereum mining is actually more than that before the hard fork. high.
Rock Hash – The best ETH Cloud Mining Platform
In order to expand the user market on a global scale and provide users with professional platform services, there is no need to find a site to deploy a mine, just register an account, one-click to buy products, you can get daily mining income, the main network of rock computing power The four online ETH computing power products have become a wise choice for users due to their high cost performance and stable income.
ETH computing power product-shared server series (free of electricity charge)
- ETH shared server (30 days）
Product price: 1.90 USDT/copy (change at any time according to market conditions)
Hashing power: 1MH/s
Service cycle: 30 days
Electricity fee: 0
Service fee: 5%
Shelf time: T+1
- ETH shared server（90 days）
Product price: 5.3 USDT/copy (change at any time according to market conditions)
Hashing power: 1MH/s
Service cycle: 90 days
Electricity fee: 0
Service fee: 5%
Shelf time: T+1
ETH computing power product-Federation Server series
1. ETH Combined Server (180 Days)
Product price: 5.89 USDT/copy (change at any time according to market conditions)
Hashing power: 1Mh/s
Service cycle: 180 days
Shelf time: T+1
Electricity fee: 0.02 USDT/MHS/day
Share ratio: 100% of users before returning to the book; 50% of users after returning to the book, and 50% of the platform.
2. ETH Combined Server (360 Days)
Product price: 8.89 USDT/copy (change at any time according to market conditions)
Hashing power: 1Mh/s
Service cycle: 360 days
Shelf time: T+1
Electricity fee: 0.02 USDT/MHS/day
Share ratio: 100% of users before returning to the book; 50% of users after returning to the book, and 50% of the platform.
Due to unstable factors such as network and equipment power, fluctuations will be caused. Please refer to the latest real-time display of the official website for the real computing power~
Product Benefits
To celebrate the launch of new products, users who purchase cloud mining products during the main online event of Rock Hash can not only enjoy daily mining income, but also receive additional DCC airdrops, which are released in 180 antennas. Airdrop rules and details can be found by going to Rock Hash official website https://www.rockhash.net!
About Rock Hash
Rock Hash is the world’s leading trading platform. Headquartered in Singapore, it has operated safely and stably for 3 years. With excellent capital strength, solid technical support and abundant supply chain resources, it provides one-stop comprehensive mining services for hundreds of thousands of users around the world to meet the diversified needs of users.Rock Hash has a strong presence in global mines, investing, operating and constructing 7 large mines and tens of thousands of mining machines. The mines cover Canada, USA, Norway, Iceland, Kazakhstan, Singapore, Japan and other places. It is committed to providing all-round computing power trading services for users all over the world.
If you are interested you are more than welcomed to join Rock Hash to add color to the ecological construction of Rock Hash!
Rock Hash official website: https://www.rockhash.net/
Mail: support@rockhash.net
Twitter: https://twitter.com/rockhash666
