Ethereum (ETH) mining has always been a popular option among DeFi users looking to generate a passive income. However, how profitable is it in 2023? With energy prices going up globally and the number of Ethereum miners on the rise, experts believe that buying the Tradecurve presale could be significantly more profitable than Ethereum mining. Here’s why.
The Global Energy Crisis Wreaks Havoc On Ethereum Miners
Ethereum is the largest blockchain in the world and has implemented a number of new upgrades over the past year to improve its scalability, utility and reduce its carbon footprint. Its most recent upgrade let investors withdraw their staked Ethereum, triggering an influx of Ethereum stakers, with over 100,000 Ether being staked in just two weeks.
While this increase in attention is great for the Ethereum blockchain, it also highlighted the downward returns Ethereum miners are earning. The number of new Ethereum miners has caused profits to drop. This, combined with the global energy crisis, has caused some miners to make a loss in recent months. As a result, some miners are now looking for alternative passive income options.
According to official stats, using one of the best mining computers, an Nvidia 3090, will cost miners between $1.85 to $2.15 a day. For their efforts, miners will be rewarded with $2.03 worth of Ether. As a result, miners will either make a loss or significantly low profits.
With mining becoming less profitable, alternative investments like Tradecurve are growing in popularity, with investors already capitalizing from Tradecurve price increases.
Tradecurve Stage Two Is Over 70% Sold Out
Tradecurve is currently in the second stage of its presale, with 72% of the rounds supply already sold out. Just 15 million TCRV tokens are currently available at $0.012, with tokens expected to rise to $0.015 once stage two sells out.
Tradecurve is already on track to become one of the best performing assets of 2023, and has been praised for its great utility in a market that’s losing confidence. Tradecurve looks to become a top 3 global exchange in the next few years by addressing many of the concerns of current investors.
Confidence in popular exchanges is starting to decline following the collapse of FTX, with several exchanges making headlines due to how they manage users’ finances. Tradecurve, on the other hand, lets investors keep full control of their assets. Its hybrid trading platform is fully decentralized and lets investors trade traditional assets such as commodities and stocks as well as crypto assets, using crypto as collateral.
Unlike current platforms, which require complex KYC checks, investors can connect external wallets such as Metamask to Tradecurve, make a transaction and disconnect, all while paying low fees. Within its first 3 months of launch, Tradecurve aims to have over 100,000 clients and its token value is expected to surge an additional 100x.
Is Tradecurve More Profitable Than Ethereum Mining?
Given that TCRV tokens are expected to increase 50x during the Tradecurve presale alone, early investors are expected to win big on this project. Not only will Tradecurve likely be more profitable than Ethereum mining, but Tradecurve will also outperform most of the top crypto assets by the end of the year.
For more information about TCRV presale tokens:
Buy presale: https://app.tradecurve.io/sign-up