Christmas Arrives as Investment Opportunities in the Mining Space Begin to Widen

Weekly Update

The Global Crypto Market Cap is up by 0.05% to $812.04B at the time of writing this article. Over the past 24 hours, the overall volume of the Cryptocurrency Market has increased by 19.97% to $29.25B.

DeFi’s total 24-hour volume is $1.55B, or 5.30% of the overall Crypto Market volume. All Stablecoin volume is currently $26.55B, or 90.77% of the 24-hour volume of the whole Crypto Market. DeFi’s and Stablecoin’s total 24-hour volume has slightly decreased in comparison to last week.

Bitcoin was trading at $16,846.12 at the time of writing. According to data from CoinMarketCap, Bitcoin’s dominance is currently 39.92%, a decrease of 0.04% from the previous day. In the last 24 hours, the price of ETH increased by 0.13% to $1,219.70, while the price of BNB went down by 0.40% to $245.63.

Since the past few weeks, the Market has improved, and predictions of the end of the extended Crypto Winter may be coming true.

Aleo Mining: A Christmas Miracle in the Current Bear Market

Investors have been looking for the most profitable GPU Mining coin during this bear market. With the mainnet launch approaching, miners are scrambling to find the most profitable GPU mining solution with a low investment to reduce their risk. Because Aleo is currently the most sought-after project in the crypto space, demand for Aleo Servers began to rise at this point. Due to this high demand for Aleo Servers, Zionodes decided to offer Aleo Servers for lease in order to bring more miners along for the ride.

The Aleo network is rapidly expanding, with over 16.65% of Testnet3 rewards mined, and only a few can keep up in this fast-paced environment.

Aleo is still in the testnet 3 phase, and the mainnet is expected to launch soon. The profit potential for miners after mainnet launch Mining today could be more than 60%, making it the most anticipated mainnet launch for miners.