Tether Unveils Modular Bitcoin Mining Infrastructure for Enhanced Efficiency
- Modular Design Benefits: Tether's new modular Bitcoin mining infrastructure separates compute, power, and cooling components for independent optimization, thereby enhancing overall energy efficiency and performance to meet the demands of large-scale mining operations.
- Collaborative Development Background: The project is developed in collaboration with Canaan Inc. and ACME Swisstech, utilizing ASIC-based hash board modules to enhance system flexibility and scalability, addressing the increasing demand for high-performance hardware.
- Real-Time Performance Adjustments: The new system supports immersion cooling and other cooling methods, allowing operators to adjust output levels in real-time during actual operations, reducing energy consumption and operational costs while improving overall machine availability.
- Strategic Significance: The launch of this infrastructure not only continues Tether's innovation in hardware design but also aligns with its digital asset operations strategy, aiming to enhance market competitiveness and operational efficiency through modular infrastructure.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 5 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC 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, BTC 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 $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 70533.028 | 72735.274 | 75081.168 | 77283.414 | 79629.308 | 81831.554 | 84177.448 |
| Fibonacci | 72735.274 | 74472.663 | 75546.025 | 77283.414 | 79020.803 | 80094.165 | 81831.554 |
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