From Phone to Farm: How BlockDAG Is Scaling Crypto Mining for Everyone

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 03 2025

Should l Buy ETN?

BlockDAG's Mining Model: BlockDAG is democratizing crypto mining through a dual model that includes a mobile app for casual users and ASIC hardware for professionals, aiming to create a more inclusive and decentralized mining ecosystem with over 2.5 million active users on its X1 mobile miner.
Hybrid Architecture and Market Demand: Utilizing a hybrid Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) architecture, BlockDAG enhances scalability and security while generating significant market interest, as evidenced by the sale of over 18,000 ASIC units and raising $359 million in funding ahead of its mainnet launch.

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Technical Analysis for ETN

Technical Sentiment Analysis for Electroneum (ETN). As of , Electroneum (ETN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ETN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Electroneum (ETN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.000812	0.000916	0.00101	0.00111	0.0012	0.00131	0.0014
Fibonacci	0.000916	0.000991	0.00104	0.00111	0.00119	0.00123	0.00131

About ETN

Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality, and potentially the market’s lowest smart contract fees. Powered by the Istanbul Byzantine Fault Tolerance (IBFT) consensus mechanism and supported by known validators - targeting universities and Web3 infrastructure companies - the network is incredibly fast, secure and energy efficient. For several years, ETN has provided the backbone for AnyTask.com, helping the platform take advantage of blockchain technology and deliver a fairer, more efficient experience for freelancers globally.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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