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location Home > News > Details

Inflation hits record high in 31 years, Bitcoin may be the last safe haven

2022-01-27 20:20

Economists polled by FactSet expect U.S. CPI to rise 0.5% month-on-month in December and 7.1% from a year earlier, which would be the largest annual gain since February 1982. What everyone can feel is that prices are rising across the board. Whether it is food or gasoline, they are rising again and again. The used car market is even more outrageous, with an increase of more than 30%.

At present, the pessimistic forecasts in the economic field show that the support of the dollar is declining, and we may have to usher in an economic crisis in the near future. And bitcoin, gold, etc., may be our last safe haven.

Bitcoin’s best performer so far isn’t an exchange of value, it’s a store of value. The characteristics of limited supply, decentralization, global consensus, and cost mining are consistent with gold. In the environment of economic crisis, once the value of fiat currency is greatly depreciated, Bitcoin will become the choice of most people in an extreme environment.

The LLGO platform hopes that through our efforts, more ordinary investors can have their own bitcoin, and when the economic crisis becomes more and more prominent, it can become everyone's last safe haven. We also hope that, through our platform, truly committed Bitcoin investors will become a real mainstay in this space.

silvergate blockchain Ltd. established the LLGO platform in 2021, focusing on the blockchain data center industry. At present, we are investing in the construction of 6 blockchain data centers in Eastern Europe, the United States, Canada and other regions. The power supply exceeds 100MW, and the mining machine hosting scale exceeds 30,000 units. In terms of business layout, the LLGO platform can provide mining machine leasing, mining machine hosting, mining machine trading and other services.

In terms of mining machine layout, the mining machines on the LLGO platform are all world-renowned mining machines such as Antminers and Avalon Miners, with many types and new varieties. In order to meet the mining needs of miners, the LLGO platform also pioneered the service of purchasing mining machines by installments. Miners can purchase mining machines by installments according to their investment strength, reducing capital pressure.

In terms of mine operation and maintenance, through cooperation with the local government, the LLGO platform can provide miners with extremely advantageous electricity prices and help miners increase their profit margins. The LLGO platform has also specially set up a professional operation and maintenance team to maintain the mine to ensure that the mine operates 7x24 hours uninterrupted mining and 100% of the mining machines operate stably without failure.

It is worth mentioning that users can view the mining income at any time on the LLGO platform to ensure the openness and transparency of users' computing power transactions. Therefore, the LLGO platform is deeply trusted by investors. Next, the LLGO platform will continue to expand its scale, enrich the types of mining machines, and meet the mining needs of more miners.

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BTC
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Issue amount 21000000
24 hours volume 3.54M
24 hours turnover $ 67.69B
Market Direction Short
Panic Index 22 (Extreme panic)
Swap Rate 18.48%
Market Value Proportion 38.90%
market value $ 2,048.87 x 100 million
24 hour increase -0.76%
Computing power 222.66 EH/s
daily output 0.00000392 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

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ETH
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Issue amount 121630728
24 hours volume 29.75M
24 hours turnover $ 38.85B
Market Direction Short
Swap Rate 24.27%
Market Value Proportion 17.14%
market value $ 808.87 x 100 million
24 hour increase -0.19%
Computing power 855.24 TH/s
daily output 0.00001549 ETH / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

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LTC
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Issue amount 84000000
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24 hours turnover $ 498.87M
Market Direction Short
Swap Rate 13.31%
Market Value Proportion 0.39%
market value $ 22.25 x 100 million
24 hour increase -0.07%
Computing power 485.80 TH/s
daily output 0.00001511 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

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DASH
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Issue amount 18900000
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Market Direction Short
Swap Rate 6.80%
Market Value Proportion 0.04%
market value $ 3.68 x 100 million
24 hour increase -9.17%
Computing power 2.35 PH/s
daily output 0.00024754 DASH / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-58.77%
DCR
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Issue amount 21000000
24 hours volume 94.15K
24 hours turnover $ 2.46M
Market Direction Long
Swap Rate 0.65%
Market Value Proportion 0.03%
market value $ 2.51 x 100 million
24 hour increase -5.24%
Computing power 85.24 PH/s
daily output 0.00000354 DCR / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-87.59%
ZEC
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Issue amount 21000000
24 hours volume 1.27M
24 hours turnover $ 70.18M
Market Direction Short
Swap Rate 8.29%
Market Value Proportion 0.08%
market value $ 5.35 x 100 million
24 hour increase -7.05%
Computing power 9.71 GH/s
daily output 0.00028412 ZEC / K
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+61.30%
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