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πŸ‘‰Futures Signals
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Iris Energy will spend $19.6 million to buy 7,000 Bitcoin miners

Australian mining company Iris Energy will increase its Bitcoin mining capacity from 5.6 EH/s to 7 EH/s - an increase of 25% - after purchasing new miners from Bitmain.

The company has entered into an agreement with a Chinese manufacturer to purchase 7,000 latest-generation Antminer S21 devices for $19.6 million. Delivery is expected in early 2024.

Of the total transaction amount, Iris Energy will make an advance payment of $16.7 million before shipment, and will pay the remaining $2.9 million with a deferment of up to a year.

Miners will cost the company $14 per TH/s. According to the Hashrate Index, market quotes for devices with energy consumption levels of less than 25 J/TH at the time of writing are $15.95 per TH/s.

According to the statement, Antminer S21 provides energy efficiency of 17.5 J/TH, which is the best in the industry.
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#Futures_signal

πŸ”΄ SHORT

#REN/USDT

Entry : 4722 - 4763

Targets :

🎯 4688
🎯 4588
🎯 4489
🎯 4389

πŸ›‘ Stop : 5013
πŸ’Ž#BTC/USDT ANALYSIS

BTC is currently forming an ascending triangle pattern on shorter timeframes. It is noteworthy that BTC is maintaining its position above both the trendline and the MA 50, which serves as a key support level.

A significant breakthrough above the horizontal resistance level would provide strong confirmation of a bullish trend, whereas a sustained breakdown below this level would signal a potential correction in the market.
⚑⚑ #CYBER/USDT ⚑⚑
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (25.0X)

Entry Targets:
1) 4.955
2) 4.905

Take-Profit Targets:
1) 5.05
2) 5.149
3) 5.25
4) 5.345
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πŸŽ‰ Bitcoin Halving Progress is 86%!