Will Bitcoin Miners Survive Smaller Gas Fees and Rewards? Whale Transfers $65 Million In Bitcoin Using Tron Chain

The Bitcoin halving is generally excellent news for investors but not so great for a Bitcoin miner. Having their rewards cut in half is not a great incentive to continue. With rising energy costs, the average Bitcoin miner is closing up shop for the time being, as mining is just not profitable anymore. Speaking of Bitcoin, an unknown entity known only as ‘16aFk’ moved 1,000 BTC on the Tron chain, giving the coin a much-needed push, while investors are using presales like the one offered by Raboo to pad their portfolios. 

Bitcoin (BTC): Supply Shock The Boost For Bull Market

Supply and demand are simple economics. Demand for Bitcoin is up, but thanks to the Bitcoin halving, supply is down – way down. Being a Bitcoin miner is now twice as much work and twice as expensive as it used to be, and many Bitcoin miners have shut down shop because it just is not profitable anymore. These Bitcoin miners are now waiting for what everyone is waiting for: the demand to outstrip supply so much that the price skyrockets.

We’ve seen this before, and Bitcoin was designed to be this way, ensuring it always goes on an upward trajectory. The Bitcoin price will reach about 130k, and then the miners may fire up their machines again. Only for the next Bitcoin halving to repeat the process.

Tron (TRX): World Wide Web Decentralization Slowly Developing

Blockchain is synonymous with decentralization, and Justin Sun’s genius idea was, simply put, to decentralize the internet itself! This may just be the greatest idea since Bitcoin itself, but it hasn’t quite had the buy-in yet. However, Tron has found a niche: shifting off-chain tokens in ERC-20 and BRC-20 tokens at a much cheaper rate than moving the tokens on Ethereum and Bitcoin. USDT is much cheaper – and faster – to transact on Tron than on any other chain. 

Tron has steadily climbed since the crypto winter of 2021 and is close to exceeding its ATH. It may be a great time to get into Tron.

Raboo (RABT): Crypto Presale Grabs Investor Attention

Every now and then, a coin comes along that makes investors sit up and take notice. Raboo is the hottest crypto presale coin right now because Raboo is not another wannabe: Raboo is a new meme-fi AI token with actual substance. More than just a meme coin, Raboo offers so much more for investors, with staking for passive income being the least of it. Along with an NFT market as well as governance rights, Raboo is white hot right now!

It’s so hot that investors have already rewarded it with almost $1.5 million in liquidity during its presale phase. And Raboo is showing no sign of stopping as the presale is growing even hotter!

Conclusion:

Tron is coming into its own as a fast and secure – not to mention cheap – platform for transactional operations, and Bitcoin is ready to go parabolic in the wake of the Bitcoin miner shutdown, making the market extremely bullish for all and elevating crypto presale coins to the best buys of the year. Raboo is now available at $0.0042.

You can participate in the Raboo presale here.

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