Bitcoin Miners Prep for 2024 Halving, InQubeta Presale Hits $3.8M

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Bitcoin ($BTC) is a good crypto to buy right now as prices have grown over 22% in the past month, and things are going to get a lot more interesting as its next halving event set for April 2024 draws closer. Firms like Standard Chartered anticipate Bitcoin prices will surpass $120,000 in 2023 and investors can expect even more growth if one of the pending spot $BTC ETFs is approved before the halving event. Some predictions have the price of $BTC going as high as a million dollars in the next several years. 

InQubeta ($QUBE) investors have enjoyed even larger gains since its presale started as prices have already doubled. More growth will occur in the next few stages and those who join now will get to grow their capital 3x before the event ends. 

InQubeta takes on traditional investment channels by providing easier access to artificial intelligence (AI) investments without the unnecessary hassles associated with mainstream firms. It’s one of the best DeFi projects in the crypto space right now. 

Experts dub InQubeta ($QUBE) a good crypto to buy now

InQubeta’s DeFi services position it to play a major role as the artificial intelligence revolution unfolds before our eyes. Investments in AI have multiplied 10x since 2015 and more than $120 billion is currently invested in the technology. To make things even better, approximately $1.5 trillion is expected to be directed into AI over the next couple of years as the artificial intelligence industry takes over the world. 

AI is no longer just some interesting science concept. Its viability has risen exponentially and most people interact with the technology in some form even if they aren’t aware of it. For example, many smartphones have AI-powered facial and voice recognition tools. Amazon recently started testing humanoid robots in one of their warehouses and this is only the start of the AI revolution. 

Artificial intelligence will reshape how industries, economies, and governments worldwide operate. It will also create opportunities for investors to earn significant returns as is usually the case with tech breakthroughs. Thanks to InQubeta, these investment opportunities can now be accessed by anyone who wants to invest in AI. 

A decentralized approach to investing

InQubeta allows AI startups to fundraise on its network by developing ERC20 coins (non-fungible tokens) that represent investment opportunities. Think of these as InQubeta’s alternative to stocks. These tokens appreciate as the startups behind them expand their market shares and some give other bonuses like discounts or profit sharing. 

Investors buy ERC20 coins they are interested in with $QUBE – InQubeta’s native token. They get full ownership of their tokens from that point, and they can trade them on the NFT marketplace whenever they decide to do so. 

Bitcoin ($BTC) miners already bracing for 2024 halving event

Bitcoin miners are already taking steps to protect against the network’s next halving event due in April 2024 which will cut their mining rewards by half. 

A review of miner earnings shows that BTC prices need to surpass $100,000 for mining to remain profitable after halving. Analysts like Fundstrat’s managing partner Tom Lee are on record predicting $BTC prices can reach $150,000 in 2024 if a spot ETF is approved before then. 

Bitcoin’s current 22% surge in a week is a positive sign for miners as prices move closer to making the predictions that prices will reach six figures in 2024 a reality. 

Still, the next halving event will lead to a 50% reduction in rewards for solving blocks, which will significantly impact how much miners make. Some Bitcoin mining firms are considering issuing equity shares to help fund their operations until prices grow enough to make up for the reduced rewards. 

Summary

$QUBE and $BTC are both good cryptos to buy now thanks to their growth potential. $QUBE is set for 3x growth before its presale ends and projections have prices growing exponentially after launch. $BTC will likely grow 4x within the next year. 

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*This article was paid for Cryptonomist did not write the article or test the platform.