Tether has made a huge investment in Bitcoin mining in an attempt to reduce the amount of emissions produced during the mining process. Current mining operations produce an estimated 22 megatons of CO2 a year, equivalent to Las Vegas. In order to remain sustainable long term, this number must be reduced.
While Tether looks to revolutionize mining, Tradecurve has raised $1.5 million in just four weeks, with its latest presale stage being its fastest-selling yet. Should trends continue, the project will experience another price increase by the end of June.
Tether Looks To Turn Bitcoin Mining Green
Tether has invested $1 billion into a Bitcoin mining farm in El Salvador. This farm is designed to become the largest in the world, with Tether providing expertise in “energy, equipment and communications” to optimize its efficiency. The project will use Volcano energy to produce 241 MW of power, and will also house photovoltaic cells, which will generate 169 MW of solar energy.
Tether has stated that by investing in green energy worldwide it can become a leading provider for renewable mining infrastructure. For cryptocurrency to succeed in the future, such infrastructure will be required to make mining sustainable.
Having already reported profits of $1.48 billion in Q1, Tether is in an extremely strong position to dominate the cryptocurrency market. It has also announced that it will spend up to 15% of operating profits on Bitcoin purchases.
Despite this news, Tether’s trading volume is down by 33.95% following the announcement of the latest SEC lawsuit. This lawsuit could heavily influence Tether going into Q3, which has caused some investors to sell their Tether holdings.
Tradecurve Investors Double Down Following A New ATH
Tradecurve is quickly becoming a fan favorite in the DeFi space. In just four weeks Tradecurve holders have invested $1.5 million, and the project’s native token, TCRV, has increased to $0.015. Investors now believe that Tradecurve could soon hit another ATH, with stage three of the Tradecurve presale already 55% sold out.
Tradecurve is in a great position to capitalize on recent market trends. With the SEC cracking down on Binance and Coinbase, investors worldwide will be looking for alternative trading options. Tradecurve offers a hybrid alternative with the assets of a centralized exchange and the anonymity of a decentralized one.
Using Tradecurve, investors can trade traditional assets using their cryptocurrency as collateral and decentralized wallets to remain anonymous. While traditional exchanges like OKB and RobinHood require KYC checks, Tradecurve lets investors sign up with just their email. This allows for seamless trading and complete privacy.
Tradecurve Is Predicted To 50x During Its Presale
Tradecurve has already proven to be a big hit in the DeFi market. While most projects are struggling, each Tradecurve presale round has sold out extremely fast, and now analysts believe that tokens could 50x in value before the presale ends.
One token is currently selling at $0.015, though prices are expected to soar over the next few months. On its current trajectory, market experts believe that Tradecurve could be as successful as the Binance ICO, which was a huge hit in 2017.
For more information about $TCRV presale tokens:
