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@ebidelii

1590 Following
1503 Followers
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@ebidelii
Liquidity strategy 👍 104 $DEGEN
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Pai Network is currently trading at $2 on the pre-IPO market on the Maxis Exchange (MEXC). Pai Network is a blockchain ecosystem and development platform designed for broad access and real-world use. The project has over 60 million active users, of which over 19 million have completed the Know Your Customer (KYC) process and over 10 million have migrated to the Mainnet. Pre-market trading on MEXC is an over-the-counter (OTC) service that allows users to buy and sell tokens at desired prices before the official launch. This feature can help traders take advantage of pre-IPO market opportunities.
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If you don't know how to bet, you're a loser.
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Who is staking suitable for? Staking cryptocurrency is also suitable for people who: are looking for less hassle-free passive income. prefer environmentally friendly approaches. have a low initial capital. are looking for a stable, specific and predictable income. are unable to go through the legal steps to obtain a mining license.
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Who is mining suitable for? Cryptocurrency mining is suitable for people who have the following: Access to cheap electricity Sufficient initial capital to purchase a mining rig Technical knowledge Long-term investment horizon Licensed and able to pursue legal matters in some countries (for individual mining)
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100 $DEGEN for good cast I don't have this game.
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Degen should pay more attention to its actors, which is not seen this season.
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I would like to attend the Degen party too.
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And at the end of 2024, the trading volume will increase further.
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Bitcoin is likely to reach a higher value after the price of gold stabilizes
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57 $DEGEN for you and good cast
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Profitability Depending on the model chosen, mining profitability can vary. If you manage to mine blocks individually, you will receive the entire block reward along with transaction fees. For example, by mining the position of each Bitcoin block, you will earn a total of 3.125 BTC units, which is a very significant income at a price of $100,000. In cloud mining methods and connecting to a mining pool, you also receive a reward depending on the power of the rented device and your share in the pool. However, in staking, your income can vary depending on the amount of currencies staked and the number of times you are selected as a validator. However, if you use the delegation method to participate in staking, each validator usually rewards you with a certain percentage. Of course, this rate can also change periodically depending on network conditions, but it provides more predictable and stable income compared to mining.
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That was interesting! Is this meme available to everyone?
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Happy birthday to all the actors of DEGEN.
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Technical and Hardware Requirements for Staking Another difference between mining and staking is that the latter method does not require any specialized equipment. Of course, purchasing the cryptocurrency of the chosen network is one of the requirements for getting started. For example, in Ethereum, you need to stake at least 32 Ethereum units for personal validation. In general: A computer A stable and powerful internet connection Buying the native cryptocurrency of the chosen network Technical knowledge
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I wish we were there, I would have bought $DEGEN too.
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Technical and Hardware Requirements for Cryptocurrency Mining Due to the high competition, mining cryptocurrencies usually requires expensive specialized equipment. Of course, depending on the chosen cryptocurrency, this requirement can be lower. For example, to find a block on the Bitcoin network, an ASIC miner is needed, but for a currency like Ethereum Classic, where competition is less, a GPU is also suitable.
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I totally agree👌👌 I work in solo mode myself!!!
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Delegate your cryptocurrency to others for participation: In this method, you choose one person from among the trusted validators and allow them to stake your cryptocurrency on your behalf. The selected person will also pay you a portion of the rewards earned, depending on your contribution. Earning money in this model is more predictable due to the fixed payout percentages.
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Staking Revenue Models There are two general approaches to staking, either solo or delegating cryptocurrency to others to participate in blockchain networks. In solo mode, you purchase the amount of cryptocurrency required by the network you want to stake and lock it in a smart contract. After that, depending on the amount of currency staked and the duration of your activity, you are selected as a validator and receive rewards for verifying transactions.
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