Category: Cryptocurrency News

Some even choose hardware crypto wallets that are not connected to the internet for even more security. Cryptocurrency brokers take the complexity out of purchasing crypto, offering easy-to-use interfaces that interact with exchanges for you. Robinhood and SoFi are two of the most well-known crypto brokers.

how to buy cryptocurrency

Some companies you want to consider include Paypal or Square, which have integrated blockchain technology that allows users to trade cryptocurrency on their platforms. Also, companies like Galaxy Digital and Riot Blockchain offer exclusive services that focus on cryptocurrency and the underlying technology. Another brilliant way to invest in cryptocurrency without owning one is to invest in companies, especially publicly traded companies with bitcoin or blockchain technology.

Best Platforms

Deposits can be made through several channels, including bank transfer, credit/debit card, and e-wallet providers. Currently US traders can use the app and the VISA debit card, but not the exchange platform, although that may change in the future. The Crypto.com exchange offers both spot, margin trading and derivatives. To get started, head to the search bar and type in the cryptocurrency you want to purchase.

how to buy cryptocurrency

Have basic identification and payment information handy, as well as keeping your mobile phone nearby and your email account open. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Cryptocurrency can be extremely volatile—a single tweet can make its price plummet—and it’s still a very speculative investment.

Increasing demand for exchange-traded funds allows investors to buy a broader range of asset classes in a single transaction. Since they do this immediately, you have more options and less risk than if you invested separately. In Budget 2022, the Finance Minister of India, Ms. Nirmala Sitharaman has even labeled cryptocurrencies as “digital assets” and not “currency”. To wean-off cryptocurrencies’ demand, the government also brought it under a strict tax regime, levying heavy taxes on income generated from crypto transactions as high as 30%. Moreover, the government has also levied 1% tax deducted at source on payments linked to such transactions, which came into effect on July 1, 2022.

eToro – Overall Best Broker To Buy Cryptocurrency

Though centralized exchanges are relatively easy to use, they also can be an attractive target for hackers given the volume of crypto that flows through them. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Because of the level of security required, setting up an account at a cryptocurrency exchange is a little more involved than setting up your usual online account.

how to buy cryptocurrency

You will also enjoy commission-free trades meaning you don’t have to pay any extra charges for buying a crypto asset. Before using your account to purchase cryptocurrencies, you must fund it with fiat currency. UPI, internet banking, bank transfers, and cryptocurrency wallets are all viable deposit methods.

There is a huge appetite for cryptocurrency ETFs, which would allow you to invest in many cryptocurrencies at once. No cryptocurrency ETFs are available for everyday investors quite yet, but there may be some soon. Securities and Exchange Commission is reviewing three cryptocurrency ETF applications from Kryptcoin, VanEck and WisdomTree. Once there is money in your account, you’re ready to place your first cryptocurrency order.

Hot Wallets

Token holders can also earn carbon credits through a reflection program. There is a 1% tax on each transaction, which is used to purchase carbon credits. This is then distributed to all token holders in the ecosystem. This means even those who don’t own an EV can earn carbon credits. what is centcex Projects like this are what is establishing lost trust in the crypto space, following the collapse of FTX and the crash of Terra. The team has established a robust design that includes individual wallets, a mobile application, and a P2P payment system for the EV industry.

Complete your W-9 tax form in advance in the app to use your crypto as a payment method. In cryptocurrency, you are your own bank; the system is decentralized, so if you are a victim of a cyber-attack, you are accountable for your damages. It is suggested to also bookmark your exchange platform and hot wallet, so you will never enter scam websites.

  • In terms of risk allocation, the bot is able to determine how and what extent of capital is to be allocated to a trade.
  • It is important that you choose a highly-secure wallet, because if your cryptocurrency gets stolen from your wallet, you can never get it back.
  • This step is entirely discretionary and subject to your particular needs.
  • Some exchanges require bank transfers, while others accept PayPal or credit or debit cards.
  • You can learn about the movement and trends of a particular asset in the market and know when is the best time to buy or sell or hold onto a cryptocurrency.

One thing to note is that, unlike fiat currencies, cryptocurrencies aren’t controlled or issued by central authorities. It makes them more transparent and less susceptible to government interference or corruption. Additionally, cryptocurrencies are more speculative and volatile, meaning trading cryptos could yield lucrative returns. Every cryptocurrency transaction is recorded in the blockchain and becomes immutable once confirmed and validated.

Choose your crypto

The most popular trending currency is Bitcoin, which is up 4% over the past 24 hours. Since it’s the leader in the market, it has a strong influence on other assets. Many of the best crypto investors believe it will reach a bottom by 2022. However, investors should not abandon bitcoin because of this. Avoiding leverage, understanding the use of tokens, and researching the fundamentals of token economics are all excellent methods to decrease exposure to potential losses. Diversifying your portfolio is essential if you wish to mitigate the impact of potential losses.

If you wish to save money and amass riches, spread your investments over time. You may select any term duration between 1 month and 12 months. In contrast, if you do so, you will not squander money on errors. The technology powering Bitcoin and other cryptocurrencies is blockchain. Blockchains were created to prevent duplicate spending, which was a difficulty when individuals attempted to create digital currencies in the past. It maintains an immutable record of transactions and indicates who owns what.

To exchange coins into the fiat currency and then withdraw to your bank account. More and more stores and companies accept bitcoins and some other altcoins. Navigate to our “Buy Crypto” page and select the cryptocurrency you want to buy.

Select your crypto

Another place to buy cryptocurrencies is through a Crypto Broker. Examples of Crypto Brokers are Robinhood, e-Toro, Coinbase, and SoFi. Crypto Brokers act as intermediaries and allow a buyer to place an order through the broker to buy their desired cryptocurrency. This method allows for a very simple experience in buying cryptocurrency. You typically won’t see the cryptocurrency in your account right away.

Crypto’s automatically available as a payment option as long as you’re able to pay in full. Start with as little as $1 with the funds https://cryptolisting.org/ already available in your PayPal balance. EToro is our recommended broker for crypto, and it supports staking of ETH, ADA and TRX.

When the index is below 20, it means that investors are feeling very fearful. On the other hand, when the index is above 80, it means that investors are feeling very greedy. Most fear and greed indices are calculated once or twice a day with some more advanced ones calculated every hour. The Index is regularly updated based on the calculations and data sources to show the current, as well as historical, values. To start, let us understand how fear and greed affect the markets.

  • It is interesting to find that you encounter optimism at the extremes of the crypto fear and greed index.
  • Volatility compares Bitcoin’s current volatility and its maximum drawdown to its average values from the last 30 and 90 days.
  • The “awareness” indicator is a measure of how much crypto is in the public eye at any given point in time.
  • The Fear and Greed Index is only one small element of the wider crypto trading picture, but understanding this metric will give you valuable insight into the market.
  • Bitcoin is the dominant cryptocurrency and as a result, where Bitcoin goes, the market follows.

It shows us how bitcoin sentiment has changed over the longer term, specifically from June 2019 to October 2020. Volatility – A rise in volatility is used as a sign of a fearful market. Many traders use the index as a market indicator, a tool that gives them information about the market to help them trade smarter. Analysing the overall sentiment and the emotions driving the market has helped many traders outperform the market. If the dominance of Bitcoin is rising, that means that people are cautious about their crypto choices. In the atmosphere of Greed, investors are more open to experimenting with altcoins, as they hope one of those coin will make it big.

When to Invest in Crypto

However, there are frequent cases of assets moving against bitcoin. Depending on the sentiments of the crypto community towards a particular asset, it could continue to go up even when bitcoin and the majority of crypto assets see a drop in value and sentiments. With the Fear and Greed Index, investors get an idea of how other investors feel about the market and make their decisions using the information Doughnut Maker Project D To Accept Cryptocurrency derived from the data. While certain investors move with the market, others might decide to ‘get greedy when others are fearful’. Nevertheless, the Fear and Greed Index simplifies this process and saves investors the resources required to make this research on their own. Each of the indicators above comprises scores from volatility and market momentum, while the rest is from the qualitative scores.

Remember, the index does not reflect the price of crypto itself, so significant fear does not necessarily mean that the prices of crypto are low. Rather, it just means that traders are panicking and hastily selling. Because of this, fearful markets can be good buying opportunities. Human psychology and our decision-making process are multifaceted and complex, involving a lot of factors. In this article, we discuss how fear and greed affect the collective decision-making process, and how the Fear & Greed Index tries to measure the impact of this influence on crypto markets. The Crypto Fear and Greed Index provides a score of 0 to 100, categorising bitcoin sentiment from extreme fear to extreme greed.

You must do your own research through technical and fundamental analysis of the market data before investing money into cryptos. The Fear and Greed Bitcoin Index measures how scared or greedy investors are with respect to Bitcoin. By analyzing market sentiment, the index provides valuable insights into whether investors are bullish or bearish on Bitcoin. The index is updated daily and is displayed as a simple number between 0 and 100.

fear and greed index crypto

Near Zero means refers to “Extreme Fear”, while near 100 referred to “Extreme Greed”. However, Alternative.me is experimenting with Reddit sentiment analysis as well. However, the crypto community remains bullish about the future prospects of Bitcoin and the general market moving into 2023. As reported by Finbold, a poll by crypto tracking websiteCoinMarketCap shows that over 80% of crypto enthusiasts believe 2023 will be bullish with Bitcoin ranking among the main drivers. As things stand, Bitcoin is changing hands at $17,836, with the daily chart recording gains of almost 4%. Elsewhere, the weekly shows Bitcoin is trading in the green zone with gains of almost 6%.

The Fear and Greed Index is used to measure investors’ sentiments towards the markets. This index reveals whether the markets are bullish or bearish, and it is constructed based on two opposing emotions, fear and greed. The seven indicators used are junk bond demand, market momentum, market volatility, put and call options, safe-haven demand, stock price breadth, and stock price strength.

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In some situations, extreme fear or extreme greed can signal an upcoming turnaround in market conditions, which can be detrimental to market participants who miss the signs. Many traders check this indicator daily as it gives them a quick sense of the market. When it hits extreme greed or extreme fear, they often take it as a signal to look at all of the trading signals more closely. They most often check financial metrics like supply and demand or market capitalisation and sometimes dive deeper with on-chain indicators.

fear and greed index crypto

This index is a potential method to identify investor behavior towards Bitcoin and can be loosely applied to cryptocurrencies in general. It considers the current Bitcoin price and compares it with the average Bitcoin price from the last 30 to 90 days. Volatility can be viewed as a sign of uncertainty and extreme fear in the market among investors. Extreme Fear is a sign that investors are too worried about the value of their assets decline sharply.

Volatility (~25 % of calculation)

The growing FUD, the building FOMO, and the “When Lambo” expectations — user emotions in crypto are random and diverse. Critics of the index argue that it is not an accurate representation of investor sentiment because it relies too heavily on social media activity, which can be easily manipulated. They also point out that the index does not take into account important factors such as news events or regulatory developments. However, supporters of the index argue that it is still a useful tool for understanding general trends in the market. To get this index, different key points are evaluated, like volatility, market volume, social media, dominance or trends.

fear and greed index crypto

However, the intense fear among investors could also mean there is a buying opportunity. Similarly, the market is due for a correction when there is excessive greed among investors. You can trade cryptocurrency using reliable technical, fundamental, and sentiment analysis tools. For technical analysis, moving averages and RSI are the best tools. For fundamentals, tracking exchange inflow and tokenomics might make sense. Finally, the crypto and fear index is the right tool for sentiment analysis.

Trading volume

The social media factor plays an important role in measuring the Crypto Fear and Greed Index. It combines the number of Twitter tweets tagged under specific hashtags (primarily #Bitcoin) and the rate at which users tweet using that hashtag. A consistent and unusual rise in interaction is usually a sign of a greedy market. Indeed, as of December 14, the crypto ‘Fear and Greed Index’ social indicator has hit a 30-day high of 30 points.

It would show green numbers and ‘extreme greed’ when sentiment and market momentum are extremely positive. The Fear and Greed Index is a tool that helps investors and traders analyze the Bitcoin and Crypto market from a sentiment perspective. It identifies the extent to which the market is becoming overly fearful or overly greedy. Investors get greedy when they predict favorable market conditions and fearful when the prevailing conditions are not promising for the crypto market. The market volume and momentum are also taken into account for this calculation, using the last 30/90 days as a comparison. Increased buying volume moves the needle closer to the greedy/bullish indication, while decreased volume indicates the opposite.

Many crypto traders use the index to help them find the right time to enter and exit the market. In this guide, we cover everything from how it works to how you can use it to help you What is a Full Stack Developer Back End + Front End = Full Stack Engineer trade. The Fear and Greed Index has shown impressive accuracy over the years, this is as regards its ability to correctly represent investors’ sentiments in figures and scales.

On the other hand, in the times of Fear, they tend to stick with what they know, limiting risk. If you wanna use CFGI to invest on cryptomarket there are some effective strategies. In a long-term investment strategy the idea is find extreme feelings to buy and sell. When index shows Extreme Fear can be a good oportunity to entry into the market and in the opposite way in Extreme Greed times can be a great oportunity to exit. To learn more about the markets, check out what the golden cross and death crossindicators are and how you can apply them to your analysis.

With dipping prices come panic and discouragement, with the fear and greed index moving closer to the sub-40 territory. Participants perceive subsequent index drops as buying opportunities, pushing the emotional bandwagon into the hope and optimism territory. The Fear & Greed Index can be a useful tool for investors who want to get an idea of how the market is feeling. However, it’s important to remember that it’s just one tool and shouldn’t be used as the sole basis for investment decisions. Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price.

This index analyzes several market indicators and returns a daily value of 0 to 100. While 0 is extreme for fear , 100 is extreme for greed (showcasing widespread participation/buying and building FOMO). Wait, don’t we already have enough crypto indices — the NASDAQ crypto index , the NYXBT , and the S&P Bitcoin Index ?

How Relevant is the Fear and Greed Index?

When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility. The data about the search queries Application Attacks Web Application Attacks of users regarding Bitcoin can tell us a lot about the general atmosphere in the market. For example, if a growing number of queries include “Bitcoin price manipulation,” we interpret this as a sign of fear.

In recent months, fear has dominated the market as Bitcoin continued to trade below the crucial $20,000 position after being weighed down by inflation. Furthermore, Bitcoin’s potential to embark on a bull run was invalidated by the FTX cryptocurrency exchange collapse. Still needs technical and fundamental indicators to present a clearer picture. Presents a fairer picture of the crypto market during a bull run and a bearish phase. Other sentiment-driven indicators, like WhaleAlert and Augmento’s Bull & Bear Index, exist.

This fear and Greed index relates primarily to the market sentiment for Bitcoin, but since Bitcoin continues to hold market dominance, it can also be used as a reflection of the cryptocurrency market as a whole. However, smart investors will use this as one of many tools rather than a law they invest by. Despite performing well in the past, there is a chance that the crypto fear and greed index could fail to deliver in the future. Alternative.me has stated that “an unusual rise in volatility” is deemed a sign of a fearful market. Suggesting that a stable increase in volatility is seen as indicative of a greedy market.

Also, when you need to restore the wallet, all you will need is the master key and everything will be restored. Such high anonymity tools are Exodus, Jaxx, Atomic, and more. Maybe the best thing to realize that will help you pick your wallet is to think about how you will be using it. If you are a person that is very active and needs access to their funds anywhere, they go a mobile wallet will be the best choice or a hardware wallet. Finally, it should be said that not every launch wants to be a fair launch. In some cases, protocol designers can try to get the coin into the hands of very specific parties at the expense of disadvantaging others, and that is okay.

  • With his riches, Wiz Khalifa has invested in some outstanding luxuries including cars, houses and jewels.
  • Below I would like to give you a complete list of all wallets available worldwide that can support the BCH coin.
  • Originally known as BitMonero, Monero was forked from Bytecoin and is designed to offer secure, private and untraceable transactions.
  • The name of the new network was given by a Chinese mining pool called Via BTC.
  • It is a good idea to check the block explorer and see the status of your transaction.

With its innovative features this crypto is very appealing to most miners. The pools have different reward systems, with the most common being the proportional one. Miners can also benefit from VARDIFF , which adjusts the difficulty of their shares making their mining more efficient. In the future you can expect new updates to the network and perhaps the introduction of new enhanced features. You can use my crypto calculator to estimate how much profit you can make when joining a Shieldcoin mining pool.

Pretty much half of all the ZCL hash power is distributed among the top few pools. This is helping for centralization of the mining power. Ultimately, help decentralizing the network by joining smaller pools.

Privacy cryptocurrency Monero may not enjoy the same level of public awareness as Bitcoin, but it’s still managed to cement its place in the world’s top 20 cryptos by market cap in 2018. As of June 26, 2021, there are 18.74 million bitcoins in circulation. That is, 900 new bitcoins are being mined every day (144 blogs, ie, 6.25 bitcoins per block).

This will add more power to the mining process, as combined efforts bring the best results for a short period of time and also helps keep the network decentralized and immune to attacks. On the contrary, mining alone is not at all beneficial way of earning HyperCash. The competition between your rig and the combined power of pools, almost never ends in your favor.

77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Plus500 is a CFD service and does not offer cryptocurrency purchases but only allows CFD trading. More than 1,000 cryptocurrencies have followed in Bitcoin’s wake, each with its own specific benefits and use cases.

HyperCash Calculator

Let me provide you everything you need to make the most suitable choice. I have also provided you with a calculator, which you can use to estimate your profits. To mine ShieldCoin profitably, your best option would be to join https://cryptolisting.org/ a pool. When you combine your hash power with that of other participants, the speed of finding new blocks is higher and your earnings will be more frequent. In other words, it’s the more lucrative option, in the long run.

best zclassic pool

Antminer Z9 in one of the newest ASIC miners From Bitmain for mining Equihash Like Zcash , Zclassic , Zen Cash and other Shit-coins. So we got the miner for Tests couple days ago, as usually Bitmain with the specs are there are advertising on their website they are on point. Zclassic or ZCL is a hard fork of Zcash, launched in November 2016. It was founded by Rhett Creighton, who decided that in order for everyone to get an equal start, had to remove the 20% founders reward and slow start from Zcash’s original code. Thus, Zclassic was created without any pre-mine or passive income for the developers from the network’s growth.

They aim to lower the fees and to remove the central authority concept. Another aspect that helps in that direction is the hybrid PoS/PoW system. It enables transferring the voting rights, which has led to the creation of the DAO .

Your Etsy Privacy Settings

To mine HyperCash with good profit you can choose software compatible with Nvidia graphic cards. We can recommend BFGMiner, which you can download from here. There is another way of mining for HC, known as cloud mining, where you pay a contractor to do the job for you.

  • He also owns a Pennsylvania home worth $900,000 and an LA mansion priced at $3.4 million, both gorgeous five-bedroom houses renovated with pools, spas, cinema rooms, and even a guest house.
  • However, there’s no limit from the maximum supply of Monero.
  • If you are unable to log into your router and access the DHCP client list or you have too many devices to figure out which is which, you can use the official Bitmain IP reporter tool, found here .
  • Because our content is not financial advice, we suggest talking with a professional before you make any decision.
  • If that’s your thing, then look for Ledger Nano, CoolWallet S, Edge and more.

While the abundance of similar-sounding names can get complicated, each of these offshoots from Bitcoin and Monero claims to offer distinct advantages over its forebear. The legitimacy of several forks has been brought into question, with some seen as little more than cash grabs. However, as Monero is inherently untraceable, it’s not a problem for this privacy-focused crypto. Use the Uphold app to trade between 200+ cryptos and other assets in a single click. But what are the similarities and differences between Bitcoin and Monero, and how do these two coins compare to one another? You can check out the current BTC & LTC exchange rates using the App.

He also owns a Pennsylvania home worth $900,000 and an LA mansion priced at $3.4 million, both gorgeous five-bedroom houses renovated with pools, spas, cinema rooms, and even a guest house. Custom-made iced out pendants, these big-name hip hop artists aren’t scared to splash a few dollars. In this blog, we share the net worth of the most iconic rappers and hip hop artists, along with their most impressive gold chains, rapper bling and expensive possessions. If you’re looking for bitcoin alternatives, check out this beginner’s guide to 10 leading cryptocurrencies like bitcoin. While a head-to-head comparison of Bitcoin and Monero is an interesting exercise, the truth is that these two cryptocurrencies serve different purposes.

PoolTogether Markets

Usually most transactions require a set period to pass before they are completely confirmed like for example 6 blocks. Wallets that have this feature require each transaction to be signed by multiple people, keeping your anonymity in the network safe. Good Bitcoin Cash wallet examples are BitGo and Electrum Cash. When YAM itself launched on Ethereum, there was a similar effect on the assets that could be used for farming the YAM tokens. When you log in to the wallet, you can take its address and place it in your pool account.

best zclassic pool

The origins of the Bitcoin Cash network begin with its hard forking off of Bitcoin. Since then it has kept its spot in the top altcoins in the world and continues to this day to be constantly talked about in the community. This is due to the developers of the network not being very fond of slow and expensive transactions that are common in the Bitcoin network.

Create your own ZClassic mining pool

This property has been defined in the Princeton Bitcoin book as the condition that there are no shortcuts to the work that is required. In Bitcoin’s case, solving a hash puzzle, therefore the name. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. We take intellectual property concerns very seriously, but many of these problems can be resolved directly by the parties involved.

  • Last, but not least, mining Shield 24/7 should be something to aim for.
  • This part of the article is going to offer a way, to add more income to your wallet.
  • Cryptocurrencies are digital currencies enabled by verified transactions on a decentralised blockchain, rather than by a centralised authority like a bank.
  • They could reflect significantly on your final ZClassic pool decision.
  • HyperCash is a best seller – safely operate with your coins.

We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. The watch set him back a staggering $180,000 and highlights his well-known love for himself. Kanye also invested in a Hidden Hills mansion which he spent $20 million and four years renovating to create his dream abode.

And with reports that the criminal underworld is dropping Bitcoin in favor of currencies like Monero, the ties to dodgy online transactions are hard to avoid. Rather than a central server authorising transactions, volunteers known as miners are responsible for verifying Bitcoin transactions and updating the blockchain. They do this by competing to solve complicated mathematical problems using computing power, and the first miner that solves the problem adds the block to the blockchain. This is known as a Proof of Work system, and it sees successful miners rewarded for their efforts with BTC. Launched in 2009, Bitcoin is a digital currency underpinned by a piece of peer-to-peer technology known as the blockchain, which keeps a public ledger of all transactions. The owner of a 2018 Tesla Model 3 told CNBC that he earns US $ 800 a month by using his car for cryptocurrency mining.

Pendants are worth $50K, showcasing his earnings each and every day. With a net worth of an impressive $60 million, Wiz is one of the top 30 richest rappers in the world. Bitcoin was the world’s first-ever digital currency and blockchain. Follow our easy-to-understand guide on what Bitcoin is, how it works and where to buy it. Wondering why bitcoin’s price has been rising or crashing?

We will elaborate more on that later on in the article. However, if you’re located in Macedonia, Algeria, Bolivia, Ecuador, Bangladesh or Nepal, you’re banned by the state from doing anything crypto related. In Vietnam, Indonesia and Thailand coins are not used as a form of payment, but tradable. In this section we’ll go over setting up your GPU mining rig for Zclassic using the same Suprnova pool. As with most other coins, your best option for making a profit and quicker ROI will be joining a pool. Even so, in the upcoming paragraphs, we will familiarize you with the set-up process and the appropriate software needed for mining Zclassic.

These banks and brands are not responsible for ensuring that comments are answered or accurate. Here we compare scarcity, practical applications and the culture of value that surrounds each. Tim Falk is a freelance Price X11 Coin writer for Finder, writing across a diverse range of topics. Over the course of his 15-year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas.

This ensures that all miners can start working on each puzzle at the same time. If a particular existing asset is required to mine the new token, there is a lot of hidden value in getting to choose what that asset will be. This is always the case with DeFi fair launches since tokens tend to be distributed to liquidity pools or staking pools that require specific combinations of other assets. As mentioned above, the only ASIC device on the market, which can make use of the Equihash protocol is the Z9 mini. If you decide to get yourself some of those puppies, please keep in mind that supply is yet to ramp up and delivery times might be slow.