2022 was certainly not an easy year for Bitcoin, falling from the all-time highs reached during the months of November and December 2021 and scratched by a general drop in confidence.
For many users, however, this situation represented an opportunity not to be missed. Lower prices have boosted buying bets on both lower prices and the effects of the halving scheduled for spring 2024. With the halving, it’s fair to remember, mining Bitcoin will become more difficult, but the value of mining will potentially be greater.
This is a normal process and has already occurred in recent years. This, in a cyclical way, has always seen the value of Bitcoin rise. Already in the past 12 months, its value has returned to grow by over 50%, even by over 75% in the last 6 months. Without considering the fact that the current value of the most popular cryptocurrency in the world is still far from the highs reached in November 2021. The halving envisaged for next April/May 2024M will in fact only push up the value of Bitcoin favoring its owners.
The real question, however, is another. Is it really worth buying Bitcoin? Or would it be better to extract them from the blockchain through mining? The rental of professional machines capable of working 24 hours a day, 7 days a week, is growing rapidly and the major international companies, in recent months, have purchased large quantities of machines to make available to their users. Among these, we find Swag OU, an Estonian company leader in mining which, having just recently reached its fourth birthday, has anticipated the competition by investing in the best machines at extremely competitive costs.
“Today Swag is a recognized international reality, capable of managing over 12,000 machines and with customers in various European countries. We worked against the trend by anticipating the times, buying when many were moving away from mining, and today we can thus offer our machines at advantageous prices and with commercial formulas that the competition cannot support".
Speaking is Giovanni Lionetti, CEO of Swag and careful observer of the crypto sector.
“There is no shortage of mining companies, but care must be taken to choose the right partner. This is a sector crowded with improvised operators, like last-minute gurus, a bit of ignorance, and a strong desire to create the scoop when it simply does not exist to be accredited by the institution or association on duty. We see it every day, but always every day we also see how the number of users who approach Swag grows, how many are satisfied and how many continue with us year after year".
Today Swag is one of the few companies in the world able to focus on a very articulated commercial offer, but also to "put their face in it". In fact, Swag takes part in events and fairs in Italy and in Europe, it is a sponsor of the Premier Padel Tour and of the champion Paquito Navarro, and on its shopping it offers the possibility of controlling its mining farm in real-time.
But on the occasion of the fourth birthday, Swag went even further. Not only did it confirm the already known variable and fixed extraction machine rental agreements, the bundle miners and the innovative PAB and SuperPAB with final reimbursement in Euros or BTC. The innovative mining product Futuremine was launched to enhance the user’s experience even after the halving phase. These are rental contracts with reimbursement in Euros or BTC, for the whole car, with a duration of 3 years, and with costs and returns already fixed and guaranteed. A unique product for those who want the best.
Original article published on Money.it Italy 2023-07-18 08:10:00. Original title: Swag risolve l’halving, il mining di Bitcoin si evolve
