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Miles Deutscher

Crypto analyst and DeFi addict. Busy finding the next 100x

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What Is Honey Miner? Honeyminer is a cryptocurrency mining application that allows users to mine various cryptocurrencies using their personal computers. It aims to make cryptocurrency mining more accessible to individuals who may not have specialized hardware or extensive technical knowledge. Here are key aspects of Honeyminer: 1. User-Friendly Mining: - Honeyminer is designed to be user-friendly, allowing individuals to start mining cryptocurrencies without the need for in-depth technical expertise. The platform aims to simplify the mining process for beginners. 2. Mining Multiple Cryptocurrencies: - Honeyminer supports the mining of various cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH), and others. The software automatically selects the most profitable cryptocurrencies to mine based on the user's hardware and market conditions. 3. Smart Mining Algorithm: - The platform employs a smart mining algorithm that dynamically adjusts the mining strategy based on factors such as hardware capabilities, electricity costs, and current market prices. This is aimed at maximizing the profitability of the mining operation. 4. Mining Pool Integration: - Honeyminer operates as a mining pool, where users contribute their computational power collectively to mine blocks and receive rewards. Mining pools increase the chances of earning consistent rewards compared to solo mining. 5. Simple Setup: - Users can download and install the Honeyminer software on their personal computers with relative ease. The platform is designed to streamline the setup process, making it accessible to a broader audience. 6. Profitability and Earnings: - Honeyminer provides users with insights into their mining profitability and potential earnings. Users can monitor their mining performance through the platform's interface. 7. Withdrawal Options: - Users can withdraw their mined cryptocurrency earnings directly from the Honeyminer platform. The platform typically supports various withdrawal options, allowing users to transfer their earnings to external wallets or exchanges. 8. Security Measures: - Honeyminer incorporates security measures to protect users' accounts and mined assets. This includes encryption and other security protocols to safeguard sensitive information. It's important to note that while Honeyminer aims to simplify the mining process, cryptocurrency mining involves considerations such as electricity costs, hardware efficiency, and market conditions. Users should carefully assess these factors and the terms of service provided by Honeyminer before engaging in mining activities. As the cryptocurrency landscape evolves, platforms like Honeyminer contribute to the accessibility of mining for individuals interested in participating in blockchain networks and earning cryptocurrencies through their computing power.
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The Realized Cap serves as a robust metric for gauging the accumulated capital within Bitcoin over time and allows for a comparison of liquidity growth denominated in USD across different market cycles. According to this metric, a cumulative sum of $560 billion in USD value has been "stored" within Bitcoin. The Realized Cap has surged by 439% during the recent period, underscoring the current $1.4 trillion market capitalization of the asset. It's worth noting that despite Bitcoin's notorious volatility, negative publicity, and periodic downturns, the cryptocurrency continues to attract capital inflows.
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#APE/USDT buy setup APE is breaking out of the descending triangle with a decent volume and showing momentum. It looks ready for the upward move.
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#ID/USDT buy setup ID breakout the symmetrical triangle with a successful retest. The Ichimoku cloud is showing a bullish trend. Now it will continue its bullish direction.
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#RLC buy and hold big PUMP soon 🚀🚀
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#Eth 🚀🚀 2 Target done Eth reached 3221 profit 60% 🤑🤑🤑🚀🚀
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#BTC made it way up and travelled a a decent direction towards the resistance area around $65,000 mark. Price now moving in a bit corrective way, might be due to new week start and session change. Expected a good move by NewYork Open and this week we'll some good move to the upside.
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#US30 UPDATE : #US30 made a 2nd retest and finally broke through the resistance area and now expecting a retest back to the zone before moving up. The Next is at the resistance area is at 39,000 - 39,150. So, take the setups in LTF with the directional bias.
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EGLD: I am not convinced that wave 2 already bottomed in the support region but it is a plausible scenario as long as Wednesday´s low is holding at $35.40. As long as the $35.40 low is holding, wave (3) should reach $62.22+.
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FET: Very balanced probabilities on this chart still, at least when we talk about the micro structure. The yellow scenario targeting $3.60+ in wave (3) and $5 approximately in wave (5) is valid as long as the $1.86 swing low is holding. The price has reached the trend line after breaking above our initial $2.20 resistance level.
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