What Can 4G Cards Mine Until (Now 4G Cards are Worthless)

08/08/2023 18:59 • Crypto & Markets • 103 views

Until what time can 4G cards mine? In recent mining activities, two types of people have suffered losses due to low card mining profits: those who mine with 4G cards and those who do not have enough storage space for 4G cards. These factors have led to difficulties in mining, high transaction fees, and skyrocketing cryptocurrency prices. However, for those who seek to use hardware for cryptocurrency payments, 4G cards are the best choice.

Based on the current situation, the fourth halving event has been ongoing since March. It has been over a year now, and Bitcoin prices have risen by more than 10%, with continued growing demand. However, with the arrival of the second half of this year and the impact of BTC production cuts, this situation may change. Therefore, after April 15th, the third halving trend will begin on April 16th. If we calculate based on previous prices, we can predict that there will likely be a second adjustment after early April and before mid-April, which will start the fifth halving cycle. So, what will happen next? First of all, we need to know that this halving event will not affect the usage of the Bitcoin network. Secondly, within six months after the halving, the Bitcoin network will no longer support 4G cards but will operate with 8GB capacity and continue to use the existing 2GB VRAM as the foundation infrastructure. Furthermore, irregular delay phenomena may occur when the overall effective computing power of the Bitcoin network decreases (i.e., processing 10 transactions per second). This means that every node in the system will be penalized. Lastly, it is important to note that the block reward will decrease, which means that the existing 1MB block size will be destroyed. Therefore, four years is not a long time and can only maintain block heights within 1M. (Note: 1m64 ~ 14s is the current block interval time.)

Of course, there are some issues worth paying attention to in April:

1. Users with more than 1MB will have a poor user experience and cannot participate in a transaction within four blocks.

2. The performance of 4G cards is limited, restricting users’ shipping demands.

3. The performance of 5G cards is not stable enough and costs higher, making it difficult to guarantee users’ shipping speeds.

Now 4G Cards are Worthless

In 2020, 4G cards have become worthless, and all of this is because of 4G. Since April 1st last year, nearly 200,000 phones have been stuck due to 4G. According to statistics, there are currently over 1 million 4G cards undergoing testing and installation in the market. However, due to the early stage of 5G, 4G cards do not support any type of application, so there are many problems that need to be solved.

According to the latest data released by China Mobile, approximately 9 million users worldwide purchased or used 4G cards in the first quarter of 2019. In comparison, during the same period in 2017, there were only 2 million people who purchased 4GB cards. In the first three quarters of 2020, there were more than 1.5 million people, with a growth rate of over 30%. (Interchain Pulse)

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What Can 4G Cards Mine Until (Now 4G Cards are Worthless)

Now 4G Cards are Worthless

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