
Viperatech invests $1.2M in Megaverse token with aims to inject capital in Dubai’s crypto industry.
A new partnership has been struck between a promising new project in the metaverse space, Megaverse, and the Polygon framework used for building and connecting Ethereum compatible blockchain networks. The deal comes at a pivotal point in Mega’s development as they get ready to open up investments in public markets and allow users to begin experiencing the digital world aimed toward major brands and prominent fan communities. Megaverse has been built to introduce social media users and the world’s most active global communities to the metaverse. 4.5 billion of the planet’s 7.9 billion population actively use social media. The vast majority of this social media activity will occur in the metaverse in the next decade. Mergaverse’s mission is to accelerate this transition and bring the future-forward.
The Megaverse is the cornerstone of the Mega DAO landscape being created which includes MegaFi (a decentralized exchange platform), Mega NFT’s (a platform to sell, trade, create and buy non-fungible-tokens), and MEGA Guild (an ecosystem of the world’s most popular tournament based games) that will allow users across the globe to join in and participate in all activities. It is an ambitious project with many factors across the ecosystem being combined to create a sustainable interactive community. The team’s mission is to painlessly transition social media users into metaverse users, thus increasing the number of those spending time in the new digital landscape. Their goal is to reach at least 10 million of the 4.5 billion social media users. Plans for the Mega DAO are also in the works for users to take part in as well as MegaFI, a decentralized exchange that includes swaps, farms, liquidity pools, an NFT marketplace, staking, and a launchpad for new crypto, gaming, and metaverse projects. The platform allows for the creation and sale of NFTs to take place entirely in the Megaverse ecosystem.
Sellers can earn Mega tokens for the sale of their NFTs. Megaverse will be launching on the Polygon blockchain and will feature MATIC (Polygons digital currency) island as one of the founding lands. This is incredibly important for any business attempting to sell or trade digital assets such as NFT’s or tokens because it helps to significantly reduce the ever-fluctuating costs that are associated. Polygon does this by essentially piggybacking on the Ethereum blockchain, you can think of it as a second layer system applied to the first layer blockchain already built by Ethereum. Polygon will help Mega to scale its vision by allowing quick deployment of preset blockchain networks and a growing set of modules for developing custom networks. Polygon’s service will allow Mega to reduce the costs users will face when interacting with their ecosystem.
Mega has announced their Megaverse Map will contain sectors named after the 20 top digital currencies such as Bitcoin, Ethereum, Doge, and Polygon’s own coin, Matic, as well as having sectors of land inside the virtual world associated with the world’s most popular celebrities and clubs. Polygon will use the Matic map space to market the Megaverse to their shareholders. Megaverse’s environment is made up of over 210,000 land parcels representing different crypto blockchains. Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), and more than 20 other top cryptos are represented by their own unique islands. These land parcels can be purchased by Megaverse users which then can be used to construct virtual shops, stores, showrooms, or other online businesses.
Users can also convert the lands into social hubs for games, hangouts, or socializing with new people. Polygon will support Mega’s vision with a generous $25,000 development grant that will help the team source, build and market their ecosystem to the community. Polygon will also help to list Mega’s digital currency, MEGA, on major exchanges. There will be a total supply of 10 trillion Mega tokens split between the treasury, investors, partnerships, the Mega ecosystem and public shareholders. One company, Viperatech (Vipera LLC), is paving the way for the crypto industry in Dubai with big plans for the region. Vipera has made significant investments in the area and is in the process of building crypto mining farms as well as a deluxe showroom with the intention of making Dubai a central hub for crypto-related projects.
Mega is based out of Dubai and Vipera LLC CEO Mr James Campagna has acknowledged they will invest a total of $1.2M in MEGA Token at the preferential 2.5% presale buy-in rate and hopes this injection of capital into the Dubai-based metaverse endeavour will inspire other crypto space projects to bloom.
Two cryptocurrency farms are being built in Dubai’s Al Quoz Industrial district with the intention of serving as mining colocation facilities for an online technology provider, Vipera LLC. The announcement was made early in January of 2022 after Vipera secured two separate locations to support the company’s goal of expanding their crypto mining operations and continue building upon available services that help to grow and expand the access of cryptocurrency to a wider audience in the GCC / Middle East region.
The two locations are set to be developed as mining colocation services for the cryptocurrency hardware industry catering only to customers in the region, and exclusively offered to the patrons of the new Vipera showroom opening in Citywalk in Q2 2022.
Colocation mining is the act of renting out mining power from a crypto farm that maintains and operates hardware on your behalf in their own facilities. This approach means clients have more flexible economic options and can avoid having to set up and run their own equipment which, instead, clients rent or purchase hardware from a company that already has a farm in operation. Customers can purchase as much hashpower as they require based on their budget, or even purchase an entire miner and have it maintained by the farm’s operators to ensure maximum uptime coupled with a hassle-free experience.
Investors can be specific about hardware choices if they are looking for a custom farming contract, or simply choose from available miners that the company is already operating and maintaining. After initial costs for equipment, clients pay a monthly rental fee or premium on electricity usage, or sometimes both depending on the contract. Usually terms are locked-in for a minimum of 1 year.
In the crypto mining industry, energy is the most important facet in determining maximum return on investment. This is one of the reasons Vipera has decided to expand into the emirate of Dubai. The United Arab Emirates has some of the lowest electricity costs because of a complex grid propped up by a vast and growing solar energy industry, and special commercial and residential rates offered to Emirati nationals. This allows both Vipera and its clientele to maximise profits and reduce operational costs associated with energy expenditure. Other benefits of a colocation service are expert guidance. With over 5 years of operating cryptocurrency farms across the globe, Vipera has built an expert team of dedicated professionals that ensure optimum efficiencies and limit downtime associated with hardware faults or defects that may arise. Setting up hardware, maintaining stable temperatures, mining the correct digital currency at the right time, dealing with technical issues and ensuring optimal return on investment is a full time operation and most investors simply don’t have the time or experience required to do it correctly. These factors strengthen the practice of mining colocation services that has been steadily growing since 2018. It offers a fast and convenient way for ASIC and GPU rig customers to begin mining.
In November of 2021, Vipera announced a primary strategy in 2022 is to help bring cryptocurrency mining to the masses, specifically in the retail sector, offering solutions for investors to collectively break into the industry and take part in what is regarded as a revolutionary change in the global financial system. In a statement released on Friday from the company’s CEO Mr. James Campagna, “The idea is to do what we can to press the reset button on a broken monetary policy that has severely crippled our younger generations from having the same opportunities to accumulate assets and wealth as their predecessors.
We want to realise a world where a decentralised method of exchange is the status quo–making it more accessible and reducing the stigma and barriers of entry that people often run into when they attempt to enter this space.”
The two new farms in Dubai will host combined energy of 8.5 Megawatts, with site “A” offering 2.5 Megawatts at 6,500 square feet and site “B” offering 6 Megawatts at 37,000 square feet, representing a significant opportunity for those looking to invest. Vipera LLC is aiming to finish development of these two new locations by Q3 2022, with the smaller farm being set up first and will additionally double-up as a service centre and showcase that is open to the public. Solar and diesel power will compliment Emirati commercial rates for both sites as auxiliary solutions to keep costs down for colocation customers.
The introduction of the KS5 Pro and KS5 by Bitmain is not just an upgrade; it’s a transformation in the mining landscape. The KS5 Pro, with its 21T computing power and 150 J/T energy efficiency ratio, alongside the KS5’s similar prowess, showcases Bitmain’s relentless pursuit of excellence and innovation in mining technology.
At the heart of this technological leap is the KASPA blockchain, which stands out for its use of the Proof of Work (PoW) consensus mechanism, the BLOCKDAG structure, and the GHOSTDAG protocol. These features facilitate instant transaction confirmations, enhanced security, and scalable flexibility, making KASPA a promising platform for future blockchain applications.
Model: KS5 & KS5 PRO
Algorithm/Cryptocurrency: kHeavyHash / KAS-Kaspa
Hashrate: 21 TH/s ±3%
Power Consumption: 4000 ±10% Watt at 25°C
Power Efficiency: 190 ±10% J/T at 25°C
Power Supply Voltage: 200~240 Volts
Power Supply Frequency: 47~63 Hz
Power Supply Current: 20 Amps
Networking: RJ45 Ethernet 10/100M
Miner Size without Package: 430 x 195.5 x 290 mm
Miner Size with Package: 570 x 316 x 430 mm
Net Weight: 16.1 kg
Gross Weight: 17.7 kg
Operating Temperature: 0~40 °C
Storage Temperature: -20~70 °C
Operating Humidity: 10~90% (non-condensing)
Operating Altitude: ≤2000 meters
Following closely in specifications to the KS5, the KS5 Pro distinguishes itself with the same cutting-edge technology, ensuring that it meets the high standards expected by today’s miners.
Recognizing the miners’ anticipation, Bitmain has opened preorders for these rigs, targeting a March production batch with delivery expected in April 2024. This strategic timing allows miners to plan their operations and secure a leading edge in the competitive mining landscape.
The significance of the KS5 Pro and KS5 extends beyond their technical specifications. These mining rigs represent a commitment to advancing the blockchain ecosystem, offering miners the tools they need to succeed in an increasingly complex and competitive environment. With these rigs, Bitmain is not just selling hardware; it’s empowering the future of blockchain technology.
The launch of the KS5 Pro and KS5 rigs marks a milestone in cryptocurrency mining, offering unprecedented efficiency and power for KASPA mining. Bitmain’s latest innovation reinforces its position as a key player in the mining industry, driving forward the potential of blockchain technology. As the KASPA blockchain continues to grow, these rigs will undoubtedly play a pivotal role in shaping its trajectory, offering miners a lucrative opportunity to be at the forefront of this evolution.
As Bitcoin continues to capture the attention of investors worldwide, recent developments such as the launch of ETFs and the resurgence of prices towards $50,000 have brought the spotlight back on the concept of the ‘Halving.’ This event, occurring approximately every four years, holds significant implications for the Bitcoin ecosystem and its stakeholders.
NOTE: This list is not exhaustive. Bitcoin halving will occur every 210,000 blocks until around 2140, when all 21 million coins will have been mined.
The Bitcoin halving cycle, a fundamental aspect of the cryptocurrency’s design, entails a periodic reduction in the rewards granted to miners for validating transactions and securing the network. This reduction, programmed into the Bitcoin protocol, occurs once every 210,000 blocks, marking a pivotal moment in Bitcoin’s monetary policy.
At its core, the halving event serves to reinforce Bitcoin’s scarcity. By decreasing the rate at which new Bitcoins are introduced into circulation, the protocol ensures a finite supply, with a maximum cap of 21 million Bitcoins. This deliberate scarcity underpins Bitcoin’s value proposition, distinguishing it from traditional fiat currencies governed by central banks.
Note: This chart uses a logarithmic scale, which is nonlinear, to illustrate the magnitude of price movements between each halving. On a linear scale, the shape of smaller moves (eg from $O to $1) would be difficult to see due to the magnitude of later moves (eg from $100 to $10,000).
Historically, Bitcoin halving events have been met with anticipation and optimism within the cryptocurrency community. Past occurrences have often coincided with bullish price trends, fueled by investor sentiment and perceived scarcity dynamics. However, it’s essential to approach these events with a nuanced understanding, recognizing that their impact may vary over time.
To gain deeper insights into the effects of halving events, an analysis of return distribution from previous cycles provides valuable perspective. By examining data spanning from Bitcoin’s early stages to its current market maturity, patterns emerge regarding return volatility, investor behavior, and market dynamics. This analysis sheds light on the evolving nature of Bitcoin as both a speculative asset and a store of value.
Among the various stakeholders in the Bitcoin ecosystem, miners occupy a central role, contributing to network security and transaction processing. The halving event directly affects miners by reducing their block rewards, thereby impacting their revenue streams and operational viability. This dynamic prompts considerations regarding mining economics, competition, and industry consolidation.
Looking ahead, the evolution of Bitcoin mining presents challenges and opportunities for industry participants. With the eventual transition to relying solely on transaction fees post-mining completion, miners must adapt their strategies and operational models to sustain profitability. Innovations in mining technology, energy efficiency, and diversification efforts are key factors shaping the future landscape of Bitcoin mining.
As Bitcoin navigates its halving cycles and matures as an asset class, understanding the implications of these events becomes paramount for investors, miners, and ecosystem participants. By examining historical trends, market dynamics, and future prospects, stakeholders can better position themselves to navigate the evolving landscape of Bitcoin and capitalize on emerging opportunities.
Bitcoin’s market capitalization has achieved a monumental milestone by exceeding the $1 trillion mark, following a surge in BTC’s price above $51,000. This remarkable achievement highlights the growing acceptance and confidence in Bitcoin as a valuable asset within the financial ecosystem. Currently, the circulating supply of Bitcoin stands at 19,627,443 BTC, which is 93.46% of the total fixed supply of 21 million BTC, emphasizing the scarcity and potential value increase over time.
Several factors have contributed to Bitcoin’s impressive market cap achievement. Key among these is the positive sentiment among investors, driven by a consistent bullish market trend and the approval of Bitcoin exchange-traded funds (ETFs) in the United States. These developments have significantly impacted the broader cryptocurrency ecosystem, fostering growth and innovation.
The investment landscape for Bitcoin has seen a considerable shift, with both individual and institutional investors contributing to its sustained price appreciation. This trend was particularly evident when Bitcoin previously reached a $1 trillion market cap in November 2021, during a bull run that saw its price hit a temporary all-time high of $69,000. Furthermore, this period marked a significant milestone for the cryptocurrency market at large, achieving a combined market capitalization of $3 trillion for the first time.
The upcoming Bitcoin halving event is poised to play a crucial role in further elevating Bitcoin’s market price. Insights from Grayscale highlight the potential impact of Bitcoin ETFs on the cryptocurrency’s demand-supply equation, suggesting a counterbalance to the halving’s anticipated selling pressure. The halving event, which reduces the reward for mining new blocks, is expected to tighten the supply of Bitcoin, thereby potentially increasing its value.
Grayscale’s analysis sheds light on the economic dynamics of Bitcoin mining, revealing that the current rate of 6.25 Bitcoin per block represents an annual value of approximately $14 billion, assuming a Bitcoin price of $43,000. This calculation underscores the significant buy pressure required to maintain current market prices. The operational costs for miners are directly influenced by Bitcoin’s price, with the forthcoming halving event set to halve the mining reward to 3.125 BTC. This reduction necessitates a higher market value for Bitcoin to ensure that mining remains a viable and profitable endeavor.
As the cryptocurrency landscape continues to evolve, Bitcoin remains at the forefront of this transformation. The interplay between market dynamics, investor sentiment, and regulatory developments will be crucial in shaping Bitcoin’s future trajectory. With the next halving event on the horizon, the cryptocurrency community is keenly watching how these factors will influence Bitcoin’s value and its position as a leader in the digital currency space.
In the competitive arena of cryptocurrency mining, the iBeLink BM-KS Max stands as a colossus, offering unmatched power and a rarity that elevates it above the commonplace. Released in February 2024, this miner is not merely a tool but a high-performance marvel, boasting a luxury that’s as much about its limited numbers as it is about its top-tier efficiency. The scarcity of the BM-KS Max has only fueled its desirability, with each unit being snatched up by miners who recognize its value.
Viperatech, a beacon of authority in tech evaluation, has rigorously put the BM-KS Max to the test, confirming its formidable capabilities. The miner has not only met but exceeded expectations, delivering a stellar performance that has earned it a coveted place in the market. The BM-KS Max isn’t just another mining machine; it’s a testament to the heights that technology has reached in the service of cryptocurrency mining. With Viperatech’s stamp of excellence, the BM-KS Max’s reputation for peak performance is now firmly established, making it the treasure of tech-savvy miners who demand nothing but the best.
Manufacturer: iBeLinkModel: BM-KS Max
Limited Release Date: February 2024
Physical Presence: Compact and solid with dimensions of 340 x 190 x 293 mm without packaging, and slightly larger at 424 x 289 x 388 mm with packaging.
Weight: A sturdy 12.2 kg, indicative of the quality materials used.
Electrical Input: Requires a 190-240V power supply.
Sound Profile: Operates at 75 dB, a testament to its power.
Cooling System: Features 4 ultra-fast 5,000 RPM fans from Delta, to keep the machine at optimal temperatures.
Energy Consumption: Draws 3,400W, indicative of its potent performance.
Connectivity: Uses an Ethernet interface for reliable network connections.
Environmental Tolerance: Functions in a wide range of temperatures (0 – 45 °C) and humidity (0 – 95%).
Warranty: Backed by a 6-month manufacturer’s warranty covering repairs, parts, or replacement.
The image from the test setup reveals that the BM-KS Max is a giant among miners. Boasting a real-time hashrate peaking at 14.072Th/s and an average hashrate of 11.384Th/s, it demonstrates its capacity to churn through calculations at breakneck speeds. The testing phase also showcased its stable thermal performance, with blade temperatures hovering around the 66°C mark, all thanks to its powerful cooling system.
The miner’s design ensures a near-negligible reject ratio of 0.10%, underlining its precision and the high quality of its mining capability. The fan speeds are unwavering across all operational chains, contributing to the machine’s steadfast performance.
The iBeLink BM-KS Max redefines excellence in the mining market, emerging not just as a piece of equipment but as a coveted asset for the discerning miner.
Viperatech’s rigorous testing attests to its elite status, propelling the BM-KS Max into the limelight as the epitome of mining innovation. This limited edition behemoth doesn’t just perform; it dominates, marking a quantum leap in mining productivity.
Owning a BM-KS Max is more than an upgrade—it is a strategic move in the high-stakes game of cryptocurrency mining, where only the best tools forge the path to success. With each unit a beacon of exclusivity, the BM-KS Max is the trophy for miners who play to win.
This guide offers a straightforward approach to setting up your Bitmain Antminer S21 200Th for mining operations.
Install your Antminer S21 on a stable surface in an area with a wired network connection and cool temperatures to manage heat output. The Antminer S21 requires a 3500W power supply, so ensure a 30 amps 240V PDU and circuit are available, especially in North America.
The Antminer S21 introduces a new power cable, the P13 to C20, a robust three-stranded 12 gauge cable designed to manage the substantial power and heat. This cable is included with your Bitmain purchase. Connect the Ethernet cable to your miner and the P13 to C20 cable to the power supply, ensuring all connections are secure.
Turn on the power supply; the ethernet indicator should light up. To find your Antminer S21’s IP address, use a program like Advanced IP Scanner or check your router’s connected devices list.
Enter the miner’s IP address in your web browser. A login prompt will appear; use “root” for both username and password, which is standard for Antminer models. Contact us at info@viperatech.com if you need further assistance.
Navigate to the system menu to verify the firmware version. Compare it with the latest version on Bitmain’s website. If an update is necessary, download and install it directly from Bitmain to avoid security risks.
If you’ve downloaded a new firmware version, select it from the Antminer S21 dashboard, ensuring to keep existing settings. Update the firmware and wait for the process to complete, then verify the update on the dashboard.
In the settings, add your mining pool, wallet address, and a chosen password. For example, using luxor.tech, create an account, obtain the mining pool address, and input this information along with a miner name and password in the appropriate fields on your Antminer’s settings page.
Monitor the Antminer dashboard to confirm the mining process has started. If there’s a delay, restart the miner to check the actual performance. The Antminer S21 should now be mining Bitcoin at an approximate rate of 200Th/s.
The Antminer S21’s P13 to C20 power cable is tailored for high-powered ASIC devices, differing from the standard C13 and C14 cables by offering enhanced capacity for electricity and heat management, suitable for high-power PDUs.
Mining profitability varies based on factors like mining difficulty, hash rate, local electricity costs, and Bitcoin’s market price. Cryptocurrency values fluctuate significantly, requiring miners to stay informed about market trends. Bitcoin’s mining difficulty adjusts to maintain a consistent block discovery rate, ensuring the network’s decentralization and security against potential attacks. This adjustment mechanism plays a vital role in the integrity and stability of cryptocurrency transactions.
Cryptocurrency mining has become a lucrative venture, but to succeed in this competitive landscape, having the right hardware is crucial. Enter the Superscalar K10 FPGA, a mining powerhouse that not only specializes in Kaspa coin but also excels in mining ALPH, RXD, KLS, and IRON coins. In this comprehensive guide, we will delve deeper into the technical specifications of the K10 FPGA and explore how it efficiently mines these coins, each with its unique profitability.
Designed by Superscalar, the K10 FPGA stands out as a specialized ASIC tailored for the kHeavyHash algorithm, optimizing the proof-of-work behind Kaspa coins. However, its versatility extends beyond Kaspa, making it a versatile and profitable mining solution for various cryptocurrencies.
The Superscalar K10 FPGA’s exceptional hashing power and energy efficiency make it a prime choice for mining ALPH, RXD, KLS, and IRON coins. Each of these digital currencies boasts its unique profitability, allowing miners to diversify their portfolios and maximize their returns.
ALPH’s impressive profitability of $19.19 per coin makes it a highly sought-after option. With the K10’s hashing prowess, miners can accumulate ALPH coins efficiently and watch their earnings grow.
RXD offers a profitability of $15.55, and the K10 FPGA ensures miners can mine RXD coins swiftly and consistently, securing a steady income stream.
KLS, with its profitability of $16.18, is an attractive choice for miners using the Superscalar K10 FPGA. The miner’s efficiency guarantees significant KLS coin accumulation with minimal energy costs.
IRON might yield a marginally lower profit of $8.53, it still presents a feasible choice for K10 FPGA miners. The hardware’s efficiency guarantees that mining IRON coins remains an economical activity.
If you’re ready to harness the power of the Superscalar K10 FPGA for mining ALPH, RXD, KLS, and IRON coins, the time to act is now. Don’t miss out on the opportunity to bolster your cryptocurrency portfolio with this high-performance mining hardware. Reach out to Superscalar today to inquire about purchasing your very own K10 FPGA and embark on a journey to crypto mining success.
In conclusion, the Superscalar K10 FPGA is a versatile and powerful mining tool that combines top-notch performance with energy efficiency. Whether you’re interested in mining Kaspa coins or diversifying your cryptocurrency holdings with ALPH, RXD, KLS, and IRON coins, the K10 FPGA is the key to staying competitive in the crypto mining world. With its impressive specifications and potential for profitability, it’s a must-have for any serious miner. Don’t hesitate; inquire about purchasing the Superscalar K10 FPGA now and set yourself on the path to crypto mining prosperity.
Samsung Electronics has unveiled an extraordinary advancement in display technology with its new Transparent MICRO LED Display. This innovation is not just an improvement but a complete redefinition of the viewing experience. By seamlessly blending digital content with reality, this technology is set to create a new paradigm in how we interact with visual media.
The world got its first glimpse of this revolutionary technology at the Samsung First Look 2024 event on January 7. This unveiling was strategically planned just before the Consumer Electronics Show (CES) 2024, the most prominent global platform for consumer electronics and information technology, hosted in Las Vegas from January 9-12. This timing underscores Samsung’s role as a leader in technological innovation.
https://www.youtube.com/watch?v=-jii1Knf_5g&ab_channel=Viperatech
This Transparent MICRO LED display is the culmination of six years of relentless research and development. It represents a fusion of top-tier craftsmanship with technological innovation. Samsung’s commitment to pushing the boundaries of what’s possible in display technology is evident in this product, which stands as a testament to the company’s dedication to excellence and innovation.
The design of the Transparent MICRO LED is nothing short of futuristic. Its crystal-clear, glass-like appearance not only captivates the viewer but also revolutionizes the concept of a display screen. This new design paradigm is set to change how global consumers perceive and interact with visual content, offering an immersive experience that was previously unimaginable.
The potential applications of Samsung’s Transparent MICRO LED are vast and exciting. From enhancing the vibrancy of sports broadcasts to bringing a new level of immersion to movie-watching, this technology promises to transform our entertainment experiences. It’s not just about watching content; it’s about living it in a way that blurs the lines between the screen and reality.
In conclusion, Samsung’s Transparent MICRO LED Display is more than just a new product; it’s a visionary leap forward in display technology. By redefining the boundaries between content and reality, Samsung is not only enhancing our current viewing experiences but also paving the way for future innovations in how we consume and interact with media. Stay tuned for more updates and explore the capabilities of this amazing technology in the accompanying video.