Bitcoin Mining Beginners Guide

2023-01-07 09:19:59

In order to avoid risks, MODEN would negotiate with cryptocurrency exchange to sell Bitcoin to be generated in the future at a certain interest rate to lock in current profit, and return it to cryptocurrency exchange after Bitcoin is generated. It is equivalent to MODEN WOLRD using the raised funds to buy more mining machines, and then cashing out the Bitcoins mined in the future to purchase more mining machines, thereby increasing the output of bitcoin mining. After returning all the borrowed Bitcoins, you can either choose to continue mining or sell the mining machines through the secondary market to ensure a steady stream of income.

Advantages
Suitable for medium-term, long-term, and large amount of funds
Bitcoin Mining is a very good financial tool and method to resist violent market fluctuations and black swan events.
It can not only preserve value and avoid risks, but also retain profit opportunities

How does it work?
Assuming that the current BTC price is 60,000 USDT, MODEN estimates that at least 100 BTC can be mined in the next year. At the same time, MODEN predicts a market decline over the next year, and plans to sell 100 BTC at a price of 60,000 USDT in advance. So MODEN pledged the mining machine on the cryptocurrency exchange to borrow 100 BTC at an annualized rate of 24%, and sold it at a price of 60,000 USDT to get 6,000,000 USDT. As predicted, the unit price of BTC fell to 20,000 USDT after one year. At this time, MODEN mines 100 BTC, but the value has dropped to 2,000,000 USDT. However, MODEN locked the value of BTC by borrowing BTC and selling it one year ago, and earned an extra 4,000,000 USDT. Finally, after deducting the interest that needs to be paid back to the cryptocurrency exchange 24BTC (the total value at this time is 480,000USDT), MODEN gets 4,000,000 USDT - 480,000 USDT = 3,520,000 USDT as profits, even deducting electricity cost, operation cost and other cost, the profit has achieved the maximization.

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