Is Bitcoin Adoption on the Rise with Its All-Time High Mining Difficulty? Uwerx Surely Does!

| Publish date: 06/08/2023 (Last updated: September 10, 2023 09:34 AM)
Share

The difficulty of mining Bitcoin reached an unprecedented high last week, surging by more than 3.22%. A higher level of difficulty refers to more competition to require more effort in mining the asset. As the complexity increases, the crypto king’s future price trajectory comes into focus.

Recent adjustments placed Bitcoin’s mining difficulty reading at 49.55 trillion with 790,272 block height. Such a rise even rebounded the previous decline of 1.45% in mining on May 04. More miners are joining the network to push the competition and increase the overall profitability tied to BTC prices.

More complexity in mining operations indicates a robust network, heightened interest, and more demand. This complication also begs a crucial question – does this upfront in mining indicates a potential rise in the spot price for Bitcoin? Can more adoption trigger the market’s anticipated bull run?

Bitcoin has maintained a flat line for weeks with continued pumping and dumping. More traders, businesses, and institutions are embracing BTC as crypto is one of the primary driving forces. This means a substantial increase in BTC’s utility and demand, predicting significant growth.

Uwerx, a one-of-a-kind freelancing platform with a native crypto token, is also on the rise in demand. It will effectively connect the constantly expanding gig economy to the crypto universe. Freelancers can receive payments in WERX, the token, to withdraw, deposit, or invest in digital assets.

The presales are now active, selling tokens at the fourth stage after two successful sessions. You can buy each WERX for $0.041 with a 15% bonus on the purchase as a new investor. Market analysis predicts the utility value to exceed $2.2 by the third quarter of 2023, providing impressive growth.

Many updates and features are underway to ensure maximum serviceability and adoption of Uwerx. Freelancers, investors, traders, and analysts from developed countries are looking more into the token. It initiated a crazed buzz among crypto enthusiasts and new crypto investors.

 

Uwerx (WERX) Updates Continue to Add Value

The latest update regarding Uwerx’s Alpha version features the landing pages and the signup pages. It went live on May 19, 2023, opening the door to next-level freelancing for everyone. More versions will continue releasing updates, new, and removal of certain features.

You should invest in the presales without delay, as the scheduled closing is July 31, 2023. Meanwhile, Uwerx will initiate an immediate Team Lock of these tokens in the 25-year liquidity pool. A recent Twitter poll expressed interest in doing so before the presales’ end.

The custom Uwerx vault is also in action, allowing WERX users to store and lock the assets for long-term profits. Uniswap is getting ready to list the token in its decentralized portfolio by August 01, 2023. Listing on DEX has its perks, but launching WERX will enable contract ownership renouncement.

It’ll enable Uwerx-based trading to become a more transparent, scam-free, and secure medium. A Test Airdrop is also scheduled per the suggestions made on another Twitter poll. So, the demand kept rising and forced the team to change the five token allocations:

  • Presale: A rise to 57% from 45% to renew confidence.
  • Founding Team: A reduction to 7% from 8% to prioritize user benefits.
  • Partnership incentives: A reduction to 3% from 7.5% after reviewing new information.
  • User performance incentives: A decrease to 6.5% from 15%.
  • Joining incentives: An increase to 6.5% from 4.5% to attract more users.

Superior potential, excellent security, and upcoming events are getting more attention from investors. It’s only a matter of time before WERX explodes in the market, generating incredibly high profits.

Bitcoin remains irreplaceable in the crypto world as the majority of everything that happens depends on Bitcoin. Let some of your money go into hibernation after investing in presales for rocketing profits.

Feel free to join the hyped WERX presales through the following links –

Presale:  invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/

 

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.

Share

Related Posts

Stolen Bitfinex Funds Moved to New Address
According to multiple tweets by Whale_alert.io, the cryptocurrency transaction…
Long-Term Polygon and Chainlink Holders Turn to...
Polygon (MATIC) and Chainlink (LINK) holders have suffered great…
Thomas Reuters Launching New Bitcoin Data Feed
CoinDesk reported on Monday that Thomson Reuters announced that…

Leave a Comment