Bitcoin Hits Its Highest Monthly Gain Injecting Strong Confidence

Bitcoin Hits Its Highest Monthly Gain: Are you aware Bitcoin has hit its highest monthly gain since 2020, injecting strong confidence into the cloud mining business? Would you like to know about this massive trading blast? The amazing news is that new and professional investors are cashing out.

When Was Bitcoin at Its Highest?

Due to the large number of long-term holders of Bitcoin ETFs who are unwilling to sell, the demand for spot Bitcoin ETFs in the U.S. market is subject to supply constraints.

This is coupled with the approach of the “halving” date, the initial rise caused investment panic, and fear of missing out on the money Round return.

Also, supported by the above factors, Bitcoin rose by more than 44% in February, creating the largest single-month increase since December 2020.

Analysts said that although the price of Bitcoin is hovering near the historical record, this bull market is far from its peak, and a short correction is the best entry opportunity for followers.

What is the Impact of Bitcoin Halving on Miners?

Simpleminers senior analysis shows that although the price of Bitcoin has been soaring and the Bitcoin bull market is far from its peak, the “halving” is still fatal for miners.

The reward halving means the need to invest in more advanced equipment to increase computing power, which will cause many miners to use up all their savings and eventually be forced to go offline and quit mining.

Also, Simpleminers predict that this figure will reach 15-20% after the halving. But for large miners like SimpleMiners, which have advanced mining technology and have deployed more than 1.5% of the global hash rate, this is undoubtedly a double benefit.

How is Simple Miner Staying Ahead in Cloud Mining?

How are simple miners staying ahead? This is how. Simple miners have decided to continue to increase investment in computing power to ensure the advantage of hash rate holdings and win more rewards.

With many favorable blessings, investors have also shown strong confidence in Simpleminers’ cloud mining business.

In response to the recent situation that SimpleMiner’s multiple cloud mining contracts were quickly sold out as soon as they were launched, the company decided to release more in recent days.

Contracts to meet the purchasing needs of investors.

For investors who want to make money by participating in the cloud mining business of SimpleMiners, now is a good time to join.

How to Join Simpleminers

Simpleminers executives welcomed investors and were optimistic about its returns. For cloud mining with Simpleminers, you only need to complete three simple steps:

Step 1: Create an account at Simpleminers and get a $10 bonus.

You only need to fill in the registration form on the official website and set up your email, login account, login password, etc. to complete the registration.

Step 2: Choose the contract that suits your purchase. Simpleminers provides you with a variety of contracts with different “hash power” amounts.

You can invest starting from $100, and the daily return rate is as high as 3%. Also, you can choose any of them, or buy multiple different contracts or multiples of the same contract, depending on your needs.

Step 3: Pay the required amount to the contract and you can start cloud mining with Simpleminers.

Simpleminers provides 24-hour online services from a team of experts, pays profits daily, and provides customers with mobile APP download services to facilitate users’ contract subscription and redemption operations, ensuring the security and visibility of user funds.

Interestingly, Simpleminers does not charge any maintenance fees except for contract fees, making it a truly low-cost, high-yield cloud mining platform.

To know more, you can log on to their official website: simpleminers.com