PCI Express PCI-E Riser Card 1x to 16x Extender Riser Adapter Mainboard USB 3.0 Cable Power Cable for Bitcoin Mining BTC Miner

$4.94
$4.69
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Features

  • Package: Yes
  • Brand Name: VAKIND
  • Type: PCI-E Riser
  • Model Number: PCI-E Riser Card
  • Products Status: Stock

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Binful Original New Brand DDR3L 8GB 1600MHz PC3-12800 1.35V low voltage CL11 SODIMM 204pin notebook Memory Ram For Laptop

$98.00
$57.82
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Features

  • Cooling Fin: No
  • Interface Type: 204pin
  • The value of CL: 11
  • Brand Name: BiNFUL
  • Memory Voltage: 1.35V
  • Warranty Time: Lifetime Warranty
  • Function: NON-ECC
  • Frequency: 1600MHZ
  • Item Condition: New
  • Sequence: 11-11-11-28
  • Package: Yes
  • Model Number: DDR3L 8GB 1600mhz
  • Combination Form: Single
  • Memory Frequency: 1600 MHz
  • Type: DDR3
  • Application: Laptop

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Binful DDR3 2GB/4GB 1066MHz 1333MHz 1600MHz PC3-8500 PC3-10600 PC3-12800 SODIMM Memory Ram memoria ram For Laptop Notebook

$18.34
$11.74
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Features

  • Model Number: DDR3 2G 4G
  • Cooling Fin: No
  • Memory Frequency: 1333 MHz
  • Interface Type: 204pin
  • Brand Name: BiNFUL
  • Warranty Time: Lifetime Warranty
  • Function: NON-ECC
  • Item Condition: New
  • Frequency: 1066mhz/1333mhz/1600mhz
  • Package: Yes
  • Memory Voltage: 1.5V
  • Combination Form: Single
  • Sequence: 9-9-9-24
  • The value of CL: 9
  • Type: DDR3
  • Application: Laptop
  • CL7=1333: CL11=1600

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Bitcoin Cash Price Weekly Analysis – Can BCH/USD Continue Higher?

Key Points

  • Bitcoin cash price gained heavily this past week and moved above $1,400 against the US Dollar.
  • There is a crucial bullish trend line forming with support at $1,480 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX).
  • The pair may decline a few points in the short term, but it remains supported near $1,450 and $1,400.

Bitcoin cash price is trading nicely in the bullish zone above $1,400 against the US Dollar. BCH/USD is likely to remain in an uptrend with resistances at $1,600 and $1,750.

Bitcoin Cash Price Support

There were decent gains from the $1,180 this past week in bitcoin cash price against the US Dollar. The price gained heavy bullish momentum and it was able to move above the $1,200 and $1,400 resistance levels. It even traded above the $1,500 level and formed a high near $1,617. At the moment, the price is correcting lower, but it remains supported on the downside above $1,400.

An initial support is around the 23.6% Fib retracement level of the last wave from the $1,186 low to $1,617 high. There is also a crucial bullish trend line forming with support at $1,480 on the 4-hours chart of the BCH/USD pair. The pair is currently showing a few bearish signs, but there are many supports on the downside at $1,450 and $1,400. The mentioned $1,400 is significant since it is the 50% Fib retracement level of the last wave from the $1,186 low to $1,617 high.

Bitcoin Cash Price Weekly Analysis BCH USD

Therefore, any major dips from the current levels are likely to find bids near $1,400. On the upside, a break above the $1,600 level is needed for a test of the $1,700 level, followed by $1,750.

Looking at the technical indicators:

4-hours MACD – The MACD for BCH/USD is placed nicely in the bullish zone.

4-hours RSI (Relative Strength Index) – The RSI for BTC/USD is moving higher towards the 70 level.

Major Support Level – $1,400

Major Resistance Level – $1,750

 

Charts courtesy – SimpleFX

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Two Russian Regions to Develop Large Scale Crypto Mining

Russian Regions to Develop Large Scale Crypto Mining

The governors of two Russian regions have indicated their readiness to accommodate large crypto mining facilities. Two of the westernmost subjects of the Federation – Kaliningrad and Leningrad – are willing to welcome miners and want to get involved in “bitcoin production”. Local authorities have expressed intentions to take mining out of garages and scale it up to industrial level. They are now pressing Moscow for regulations.   

Also Read: Russia Ready for Migrant Bitcoin Miners Influx

One Huge Mining Farm

Many are interested in cryptocurrencies in Kaliningrad Oblast, its governor Anton Alihanov said on the sidelines of the Russian Investment Forum in Sochi. In the future, the region may become one huge mining farm, he told RIA Novosti.

“We have a lot of people that show interest [in crypto mining]. But doing everything right is pretty complicated and you don’t want to set the house on fire,” Alihanov said. “That’s why we have a ‘mining hotel’, where guys know how to set up the cooling systems, so that nothing gets burned”, the official added, demonstrating technical knowledge of the subject.

If you are a miner, you’ve come to the right place. We can become one huge mining farm.

Russian Regions to Develop Large Scale Crypto MiningAlihanov also noted that Kaliningrad Oblast has developed a booming greenhouse sector producing tons of strawberries. Greenhouses need heating during colder months and mining hardware produces a lot of heat. Mining farms can actually be built close to the strawberry fields to heat the greenhouses.

Still wary of buying cryptocurrencies, the governor admitted he had some “rich experience” with stock trading in the past. “Stocks, bonds, futures – these are very risky things. I don’t have funds that I am ready to part with at any moment. For now I keep my distance,” Anton Alihanov said. He added, however, that when crypto markets become more stable, he may have a second thought.

Miners to Use a Decommissioned NPP

Other local officials have also announced intentions to conduct mining business in their regions. Authorities in Leningrad Oblast, bordering the federal city of Saint Petersburg, plan to create a tech park for cryptocurrency miners. It will be built on the premises of the nuclear power plant in Sosnovy Bor, governor Alexandr Drozdenko revealed. The Leningrad Atomic Electro-Station (LAES, or LNPP) will be decommissioned in 2020-2021.

Russian Regions to Develop Large Scale Crypto MiningA new power plant will replace the RBMK units at LAES, which now produces about 50% of the region’s electricity. LAES-2 will be equipped with the safer, “post-Fukushima” WWER-1200 reactors. LAES is the largest electricity generating facility in Russia’s northwest.

The economic department of the Leningrad administration and Rosatom have already approved the project to mine cryptos at LAES, Drozdenko told RIA Novosti. “What we need for mining is cheap electrical energy, cooling system and reliable transmission grid. We have all that at the Leningrad NPP,” he said.

Russians are mining in their garages. We want to do it on an industrial scale.

According to the governor, two outstanding issues postpone the realization of the project. “First – we have to wait until the old equipment is removed [after the decommissioning]. Secondly, we need some regulatory framework that would allow us to mine, to produce bitcoin,” Alexandr Drozdenko explained. He added that “serious negotiations” on regulation are underway between his administration and the federal government.

With cheap energy, developed electrical infrastructure and cool climate, Russia has what it takes to accommodate local cryptocurrency miners and welcome foreign investors. Authorities in regions with great potential to develop the sector are impatient and expect new regulations from Moscow as soon as possible.

Do you think the government in Moscow will listen to regional authorities and adopt legislation with incentives for crypto miners? Tell us in the comments section below.


Images courtesy of Shutterstock. 


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New Pcie Pci-e Pci Express Riser Card 1x To 16x GPU Usb 3.0 Extender Riser X1 X16 Card Adapter SATA 6Pin Power Cable For Miner

$6.35
$6.03
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Features

  • Type: Add On Cards
  • Package: Yes
  • Brand Name: ALLOYSEED
  • Interface Type: USB, PCI Express
  • Model Number: riser
  • Interface Type: 6pin riser
  • Model number: 116490
  • Card type: Pci-e Pci Express Riser Card
  • Riser card use: For Bitcoin Miner
  • Power cable: SATA to 6pin power cable
  • USB cable: 60cm USB 3.0 cable
  • card applications: For Video card
  • Size: approx. 130 X 44 X 15 mm/
  • Riser card feature: 4 FP sold capacitors
  • Type: GPU Usb 3.0 Extender Riser

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Kingston Technology HyperX Predator Black 64GB Kit 3000MHz DDR4 CL15 DIMM Desktop Memory HX430C15PB3K4/64 Gaming for PC Rams

$1,168.00
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Features

  • Cooling Fin: No
  • Frequency: 3000MHz
  • Brand Name: Kingston
  • Memory Voltage: 1.35V
  • Warranty Time: Lifetime Warranty
  • Type: DDR4
  • Function: NON-ECC
  • Combination Form: 4x Four-channels
  • Item Condition: New
  • Model Number: HX430C15PB3K4/64 HyperX-3000-64G
  • Package: Yes
  • The value of CL: 15
  • Memory Frequency: 2800 MHz
  • Sequence: 9-9-9-24
  • Application: Desktop
  • Interface Type: 288pin

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MLLSE New Sealed DIMM DDR2 800Mhz 4GB(2GBX2Pieces) PC2-6400 memory for Desktop RAM,good quality!

$11.99
$9.59
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Features

  • Cooling Fin: No
  • Type: DDR2
  • Frequency: 800Mhz
  • Combination Form: 2x Dual-channel
  • Function: NON-ECC
  • Interface Type: 240pin
  • Item Condition: New
  • Model Number: 800
  • Memory Voltage: 1.8V
  • Warranty Time: Three Years
  • Package: Yes
  • Memory Frequency: 800 MHz
  • Brand Name: MLLSE
  • The value of CL: 6
  • Sequence: 6-6-6-18
  • Application: Desktop
  • Products Status: Stock

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Brand New Sealed SODIMM DDR3 1066MHz/1333mhz/1600mhz 4GB PC3-8500S/10600s/12800S memory RAM for Laptop Fully compatible

$43.00
$26.23
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Features

  • Frequency: 1066mhz/1333mhz/1600mhz
  • Package: Yes
  • Memory Voltage: 1.5V
  • Cooling Fin: No
  • Interface Type: 204pin
  • Brand Name: BiNFUL
  • Warranty Time: Lifetime Warranty
  • Combination Form: Single
  • Item Condition: New
  • Type: DDR3
  • Model Number: DDR3
  • Memory Frequency: 1066 MHz
  • Application: Laptop
  • Products Status: Stock

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