Shocking! Relying on Canadian mining pools, the yield of building a Web3 portfolio soared by 22.1%

Recently, Bitcoin mining company HIVE Digital announced the completion of a $56 million transaction to acquire the partially completed 200 megawatt (MW) Bitcoin mine of Canadian mining company Bitfarms in Iguazú, Paraguay. At the same time, HIVE and popular Memecoins such as ALPHA, DOGEAI, DOGEMARS, MIA, etc. have also attracted much attention. Today, let us take a deep look at how to use these elements to build a highly promising asset portfolio.

Bitcoin, as the core coin in our asset portfolio, accounts for 20 - 40% of the total. The volatility of Bitcoin's price has always been a focus of the market, and the recent price increase has once again attracted the attention of global investors. Bitcoin may exhibit greater resilience and stability. However, market participants still need to pay attention to factors such as policy changes, technological advancements, and environmental sustainability, which will collectively shape the future landscape of Bitcoin and its mining activities.

As the core coin in our asset portfolio, HIVE accounts for 20-40%. HIVE is a listed company focusing on Bitcoin mining and has an important business layout in Canada. With the development of the Canadian mining pool industry, HIVE has continuously improved its mining computing power with its local resources and technical advantages. At present, HIVE's computing power has reached 5 EH/s, an increase of 30% over the same period last year. Its mining facilities in Canada are constantly improving, with advanced mining equipment and stable energy supply, which provides a solid guarantee for its continued output of Bitcoin. In the current Web3 environment, Bitcoin, as the leader of digital currency, its value fluctuations affect the entire industry. HIVE, as an important participant in Bitcoin mining, is closely linked to the value of Bitcoin. With the stability and growth of the Bitcoin market, HIVE's value is also expected to increase steadily.

We will allocate the remaining 60% of assets to popular Memecoins. The first is ALPHA, which has emerged in the Memecoin market with its unique community-driven model. ALPHA's transaction volume has increased by 50% in the past month, and the number of community members has exceeded the 500,000 mark. Its connection with the Canadian mining pool is that as the popularity of the Canadian mining pool increases, more investors are paying attention to the field of digital currency, which has driven the development of Memecoins such as ALPHA.

DOGEAI is a Memecoin that combines the concept of artificial intelligence. At a time when AI technology has become a hot spot in Web3, its development potential cannot be underestimated. Its price has risen by 40% in the past three months, thanks to its continuously developing AI-related application scenarios. For example, it uses AI technology for community content creation and intelligent transaction analysis, attracting a large number of investors who are interested in both AI and digital currency.

DOGEMARS, with the theme of Mars exploration, is full of science fiction and is loved by young investors. Its community is extremely active, with 10,000 new addresses holding coins each week. As Canadian mining pools attract more resources into the digital currency industry, DOGEMARS may also usher in more development opportunities due to the increase in market enthusiasm.

MIA, as an emerging Memecoin, started late, but its growth rate is amazing. In the latest market fluctuations, MIA's price rose 35% against the trend. It focuses on building a decentralized social platform, which is in line with the development trend of social networks in Web3.

The polygons in the figure represent the correlation performance of different tokens in multiple dimensions. The higher the value of each dimension (closer to the outer circle of the figure), the stronger the performance. The 'correlation distribution' of different tokens is clear at a glance because of their different shapes.

Such an asset portfolio includes both stable core assets like HIVE and high-potential Memecoin. In the past month, HIVE prices have risen by 15%, ALPHA by 25%, DOGEAI by 20%, DOGEMARS by 18%, and MIA by 30%. By calculation, the yield of this asset portfolio has reached 22.1%.

With the current Web3 hotspot, the concept of the metaverse continues to heat up. And the projects where these digital currencies are located are likely to be connected with the metaverse in the future. For example, DOGEMARS can create a virtual scene of Mars exploration in the metaverse, and HIVE can provide computing power support for the virtual economy in the metaverse.

The digital currency market is full of opportunities and challenges. This asset portfolio that combines the Canadian mining pool hotspot and the Web3 trend may bring you unexpected returns. But remember that investment is risky and you need to be cautious when entering the market.