AllIsWell

$ALEO The entire network hash rate has dropped to zero. One reason: the coin price fell below 0.06, making mining insufficient to cover electricity costs. The second reason: the requirements for staking coins in mining increased, causing most hash power to become unactivatable, forcing shutdowns. If more coins are purchased to stake, the coin price will continue to fall and depreciate further, while the coins mined depreciate more slowly than the market, making it better to shut down. Last August, staking mining was implemented; at that time, the coin price was around 0.25. Since then, stakin

$ALEO Circulating coins: 1.938 billion, market cap: 19.38 * 0.063 = 122.094 million, which is also quite terrifying. The coin price needs to add another zero.

$ALEO coin price drops below 0.067, the mining machine should be stopped. AE1 produced 20 units yesterday, with 2 units staked for rewards. 22*0.067=1.474*6.95=10.2443, this is the daily income. Electricity cost is 10 yuan per day. No profit.

$ALEO Adds 1 billion circulating coins, with a circulating market value of 69 million, equivalent to 480 million RMB. The project team is using a string of numbers to cash out and harvest investors.

$ALEO coin price drops below 0.07, all miners are losing money. Now AE1 produces coins plus interest, totaling 22 per day. 22*0.069=1.518, 1.518*7=10.626. Jiangsu electricity cost is over 4800 kWh, with an electricity rate of 0.8283 per kWh. One miner costs about 10 yuan in electricity daily, and with depreciation and air conditioning costs, it's operating at a loss.

$ALEO coin price drops below 0.07, all miners are losing money. Now AE1 is producing coins plus interest, earning 22 units daily. 22*0.069=1.518*7=10.626. Daily electricity cost is 10 yuan. Adding depreciation and air conditioning expenses, it's operating at a loss.

$ALEO coin price at 0.7, mining is already at a loss. AE1 has a hash rate of 300, producing 20 units daily = 1.4*7=9.8. Electricity costs 10 yuan for 12 degrees over 24 hours. Shutting down starting today.

$ALEO Mining cannot sustain: AE1 has a hash rate of 300, consumes 12 kWh of electricity per 24 hours = 10 yuan, produces 20 coins daily, and 1.4*7=9.8 yuan, which is already at a loss. Preparing to shut down.

$ALEO wanted to increase their position using leverage, but unfortunately the platform didn't offer U borrowing. Missed the chance to buy the dip.

$IMU listed for 21 days, down 74%. The token issuer really cuts the leeks quickly. Definitely a broke guy, not even worth a face, issuing tokens to cash out for the New Year.

$ALEO the contract will be delisted on February 12th, which is beneficial for spot trading.

$ALEO The total supply of this coin was announced as 5 billion. I sold everything immediately and am preparing to deal with the mining rigs next. Staking mining is a trap; you must stake a certain amount to continue mining. If you stake everything, even if the coin price goes up, you still can't sell—selling means losing your hash power. One link after another, tightly connected. They won't let miners give up willingly. Initially, the total was 1.5 billion, then suddenly changed to 5 billion. The project was already struggling, and the coin price had been falling for over a year. The price of