Bitcoin miners are making arrangements for the upcoming halving event in April. SunnysSide Digital, a major wholesaler of crypto mining equipment, is sending over 6,000 miners to a warehouse in Colorado Springs for refurbishment before selling them to regions with lower energy costs.

The CEO of Sunnyside Digital, Taras Kulyk, stated that this decision is due to the halving event that will cut Bitcoin miners' rewards in half. Miners are now focusing on regions with low electricity costs, such as Paraguay, Tanzania, and Ethiopia.

Luxor technology data reveals that approximately 600,000 Antminer S19 series mining rigs, the main hardware used for mining Bitcoin, will be relocated to locations in Africa and South America.

On the other hand, InQubeta is gaining attention in the crypto community as its presale surpasses $12.7 million. This amount exceeds the capital raised by the ICO of top cryptocurrencies like Solana and is on track to come close to Ethereum's presale total.

While the Akash network has demonstrated impressive growth with a 1,600% price surge, it is not expected to match InQubeta's growth rate.

Top DeFi Projects for Investment: InQubeta (QUBE) Poised for Significant Growth

InQubeta shows great potential to become one of the leading cryptocurrencies. Its tokenomics are favorable with a limit of 1.5 billion QUBE tokens and burn taxes to reduce supply. The ecosystem has been audited by blockchain security firms and has received positive evaluations.

InQubeta addresses a major issue by offering a more accessible way to invest in artificial intelligence (AI). This provides an opportunity for individuals who have been excluded from traditional investment channels due to financial requirements.

The AI industry is experiencing substantial growth, with investments increasing by 1,000% in recent years. Analysts predict that over $1.5 trillion will be invested in AI-focused companies by 2030, positioning InQubeta for exponential growth.

The platform facilitates funding for AI startups by tokenizing investment opportunities into NFTs, which are then sold to investors for QUBE tokens. This allows companies to access capital and investors to become stakeholders.

Bitcoin Miners Seeking Affordable Energy Locations

Bitcoin reached an all-time high of $73,750 on March 14 and is currently trading above $68,000. To prepare for the upcoming halving event, miners have purchased over $1 billion worth of hardware since February 2023.

Many mining companies are relocating their operations to countries with lower operational costs to compensate for the reduced rewards after the halving event in April.

Akash Network (AKT) Records 19% Growth in One Month

Akash Network offers a decentralized cloud computing marketplace and has experienced significant growth. The prices have surged over 1,600% in the past year, with the potential for further gains in 2024.

Conclusion

Investing in QUBE, AKT, and BTC is recommended. QUBE has the highest growth potential, with some analysts anticipating up to 10,000% growth once it is launched on exchanges.

Source: Read More