THE MINER’S REACTOR AND THE 115K FEVER
- Larisa - LoQueArde
- Oct 30
- 2 min read
Bitcoin started the week above USD 115,000, with the market holding its breath ahead of the FED’s announcement. Bitcoin tops $115K as traders eye $120K target The Economic Times+2The Defiant+2
Meanwhile, the rally triggered over USD 160 million in futures liquidations —as if the price had trembled for a second and several traders had fallen off the bridge. Crypto market sees over $160M in shorts liquidated Crypto Briefing
On the other side of the board, Western Union is testing stablecoins to optimize its global transfers (yes, the same company behind those family remittances). Western Union Explores Stablecoins for International Transfers thecryptobasic.com
And Visa announced it will add four cryptocurrencies to its payment network —another nod toward mass adoption that no longer sounds like an experiment, but an inevitable transition. Visa to Add Support for Four Stablecoins Across Four Blockchains Gadgets 360+1
But the technical detail that caught miners’ attention was this:
Canaan launched a new machine with a power of 300 TH/s.
No, that’s not horsepower 😅
TH/s means terahashes per second —the number of “guesses” a machine can make every second to find a new Bitcoin block.
Translated:
It’s like going from an old fan to a nuclear reactor.
Every second, this beast makes 300 trillion attemptsto “guess”
the right number and earn the reward.
More power = a safer network.
More competition = less efficient miners left behind.
In other words: real infrastructure is moving forward while everyone’s still staring at the price.
And just to add some spark, Solana had the most successful ETF of the year —with USD 56 million in trading volume on its very first day. Bitwise’s Solana ETF saw $56M in first-day trading volume Yahoo Finanzas+1
Rarely does a crypto week blend so much hardware, institutions, and restrained euphoria.
The question isn’t whether there’s movement.
It’s which direction the current will take after October 29th.
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—and not just how much they rise —
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