The price of XTZ, the native token of the Tezos crypto project, rose 30 percent over the weekend in anticipation of the network's official launch Monday.
At press time, XTZ is trading at $1.55, having clocked a 5.5-week high of $1.75 at 13:10 UTC on Saturday. At that point, XTZ was up 35 percent from Friday's low of $1.29, according to CoinMarketCap data.
The cryptocurrency picked up a strong bid on Friday after the developers tweeted that Tezos' mainnet arrives on Sept. 17. In fact, the mainnet has been live in beta since late June with tokens tradeable on some exchanges.
Notably, trading volumes also jumped 169 percent on Friday to a nine-week high of $5.13 million, marking a surge in investor interest in the cryptocurrency.
It's been a long wait for investors in the project. Having raised $232 million via an ICO in July 2017 – one of the largest token sales ever – things were looking bright for Tezos. However, the development of the blockchain network was thrown into disarray due to a bitter legal tussle for control between the founders and co-founding members of the project – problems that now seem largely resolved by a shift in governance.
Looking forward, if the launch goes well and the trading volumes remain healthy, then XTZ could soon revisit Friday's high of $1.75. Further gains could be on the cards if the broader crypto market continues making gains.
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BTC mining setup is simple
In an earlier post, i recieved series of complaint. most complaints was the inability to withdraw profit from mining.
Like i said earlier, not everyone who claims to be a miner has the requisite knowledge.
I will briefly explain proper steps.
The Bitmain S9 is composed of roughly 189 ASIC chips. The total hash rate (mining speed)
of the S9 is roughly 12 to 14 TH/s (terahashes per second). CPUs were only able to do a few MH/s (megahashes per second).
As the S9 requires 1275 watts of power depending on your power type available you can
either use two 110v PSUs such as a Gold rated 1000 watt PSU and a 650 watt PSU to power the miner.
If you are able to use 220v power and have the correct outlets or PDU (Power Distribution Unit) you
can use special PSUs that are either made specifically for Bitcoin Core mining or even those made for servers.
Connect the PSU/s to the S9 using PCIe cable connections on your PSU. Once connected you will connect an ethernet cable to the miner itself.
You can send a DM to get more info on how to set up an ASIC antminer and how to successfully earn profit from bitcoin mining