$107M Breakthrough In Bitcoin Mining Post-Halving, Big Price Rally Expected For Bittensor Competitor

After the latest Bitcoin halving, a major mining reward depreciation, the entire mining sector has witnessed a wave of modifications. After reaching $107 million in post-halving Bitcoin mining volume, there are many crypto enthusiasts who have already directed their attention to the influence of this crucial event on other spheres of the crypto market, such as Borroe Finance ($ROE), an AI-driven project.

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The Impact of the Bitcoin (BTC) Halving 

The last halving that happened in early 2024 consequently brought down the amount of block reward, which was 6.25 BTC to 3.125 BTC. Despite the reduced rewards, the bitcoin mining sector has proven to be surprisingly robust.

Following-halving, the total income obtained by miners throughout the network was over $107 million, and evidence is that the industry has achieved an efficient adaptation to the reduced reward. 

The soaring revenue from Bitcoin mining is derived from the current bull run this year, in which capital is actively shifting towards investments offering higher prospects. One example is Borroe Finance, a startup that attracted almost $4 million in its presale. 

Bitcoin’s long-term value storage function is still compelling, as its market capitalization has reached $1 trillion, which is considered a historic point. Such advances corroborates the growing outlook of Bitcoin as a viable means of investment, operating under regulatory challenges and many other geopolitical factors.

According to the Q1 2022 – The State of Bitcoin report presented by ETC Group, it is worth noting that apart from the traditional financial indicators, there are other factors like economic indicators and geopolitical trends that have a great bearing on the direction of Bitcoin.

Borroe Finance ($ROE) Gains Momentum 

Borroe Finance ($ROE) is a smart AI-based funding system which has gained the attention of investors, not only as a prospective investment platform but also as a promising web3 ecosystem to invest in.

The key selling factor here is that it assists innovators and content creators in generating additional income from their digital products in new and unconventional ways.

The platform’s unique tokenomics, community governance, and ease of use have attracted numerous users and investors who wish to invest in the token,  Through the expansion of its community and its roadmap that includes peer-to-peer NFT trading.

Presently, Borroe Finance is in its final phase of its ongoing presale campaign and has attracted more than $3.9 million in funding. So far, over 68% of $ROE tokens have been sold.

The price of $ROE altcoin is tagged at $0.02 per token. The success of the presale shows tremendous interest in the project that intends to unite AI and NFT in one tech solution.

Operating on the Polygon blockchain, a scalable Ethereum sidechain, Borroe Finance ($ROE) is revolutionizing how businesses finance their growth. The platform provides an ideal mechanism for companies to tokenize future revenue streams into NFTs, which comes with immediate availability and utility of the funds in their finances.

The NFT marketplace by Borroe Finance is unique in a way that it allows artists to transform projected future earnings into liquidity at a time they want. This method is a revenue channel based on predicted revenue that gives creators rapid access to capital.

The deflationary $ROE governance token is built on the principle that supply diminishes over time, potentially creating a high scarcity environment and demand, which could boost its value. This deflation model is built around investors’ appetite to hodl onto their tokens as they seek to gain long-term returns.

The management of Borroe Finance is constituted by Web3 and fintech experts like Maxim Prishchepo and Michael Price. Their professionalism and prestigious status provide trust in the project, thus, investors are encouraged in a market with many hype-driven-coin offerings, scams and misleading information.

Transparency and security are the key pillars of the project. The project has undergone compliance auditing from BlockAudit, the outcome of which has revealed no errors in smart contracts. Also, the smart contract address is publicly accessible data, which is a sign of the platform’s dedication to transparency and user protection.

Learn more about Borroe Finance ($ROE) here:

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