Bitcoin (BTC) just slumped to its October 17 crash level, and miners are feeling the pain as energy costs bite into profits. But a new meme coin, PepeNode (PEPENODE), is changing the game with a hardware-free way to mine and earn crypto rewards.
PepeNode turns mining into a virtual simulation game, where you don’t need to worry about equipment or electricity costs. Instead, your focus is on expanding your virtual mining setup, much like managing a classic FarmVille-style operation.
The best part is you earn actual crypto that can be used to upgrade your virtual facilities, which in turn helps you earn some of the most valuable meme coins in the space, including Pepe (PEPE) and Fartcoin (FARTCOIN).
Through its ongoing presale, PepeNode gives early investors the chance to buy PEPENODE – the token that powers the entire game ecosystem – at the lowest available price of $0.0011317 per token, before exchange listings push it higher.
However, the current round ends in 24 hours, and the token price will rise in the next phase, making now the ideal time to get in early.
With Bitcoin Sliding Below $104K, Can “Moonvember” Still Happen?
Bitcoin is currently in freefall, dropping to price levels below last month’s dip and now trading around $103,799. Even with the Federal Reserve’s rate cut on October 29 and a $29 billion liquidity injection on October 31, markets remain cautious. 
Source: TradingView
The hesitation likely stems from uncertainty over the Fed’s still-tentative December rate cuts, which have kept traders from pushing Bitcoin higher.
Across the broader market, crypto prices fell 3.9% in the past 24 hours, with Bitcoin down 2.9% overnight, dragging its seven-day performance down by 8.7%. Ethereum (ETH) dropped 5.8%, Ripple (XRP) fell 6.3%, and Solana (SOL) slid nearly 10%.
The sell-off triggered over $1.27 billion in leveraged liquidations across crypto markets – one of the largest wipeouts in weeks. Liquidation events occur when traders using borrowed funds are forced to close their positions after prices move sharply against them, amplifying volatility during downturns.
Despite the slump, there’s a silver lining. With leveraged positions and weak hands cleared out early in the month, buyers could regain confidence, and November could yet become the “Moonvember” investors have been waiting for.
Why Has Mining Become Less Profitable For US Miners?
With Bitcoin threatening to drop even lower, it’s not just traders feeling the pain – miners are hurting too, even as hashrates hover near all-time highs at 993.81 EH/s. Mining now requires massively expensive hardware setups that most retail miners simply can’t afford, unless your name is Elon Musk and you’re mining for fun on the side.
Electricity costs also vary drastically worldwide, and if your operation is based in a country where energy costs exceed the value of one BTC, you’re mining at a loss. For instance, in Ireland, the cost to mine one Bitcoin stands at $321,111, making it one of the least profitable locations on Earth unless you’re running fields of solar panels.
Source: https://nftevening.com/bitcoin-mining-cost/
In the United States, where the highest concentration of mining power is located, the average energy cost is about $107,260 per BTC, which means even large-scale miners are seeing their profits vanish at current prices.
By contrast, countries like Iran ($1,320 per BTC) and Ethiopia ($1,909 per BTC) remain among the few places where mining can still be profitable, though both regions carry political, logistical, and regulatory risks.
That’s why PepeNode argues that mining doesn’t have to be so capital-intensive or location-dependent. With its virtual, hardware-free approach, it brings back the early simplicity of mining – only now, it’s accessible and gamified – plus it lets you mine some of the top meme coins in the market.
As A Crypto Game, What Sets PepeNode Apart?
PepeNode is a virtual mining game that allows anyone to earn cryptocurrency without owning hardware or incurring electricity costs.
Users manage digital mining rigs within a game-like environment, where they can purchase nodes, upgrade facilities, and expand their operations. The better the setup, the more PEPENODE tokens the rig generates – and as players continue to refine and accelerate their meme coin earnings, they can climb the leaderboards and earn rewards in top meme coins like PEPE, FARTCOIN, and more.
As a crypto game, what sets PepeNode apart from past failed play-to-earn projects is its sustainable token model: 70% of tokens spent on upgrades are permanently burned, maintaining a deflationary supply and supporting long-term value.
Even at this early stage, players can stake their tokens immediately, earning a dynamic 630% APY before the game officially launches.
In short, PepeNode revives the spirit of early Bitcoin mining, but this time, it’s virtual, accessible, and rewarding for everyone, not just big-budget miners.
Not Too Late To Buy PEPENODE Tokens
Here’s your chance to secure PEPENODE tokens while they are still at presale prices: head to the PepeNode site to buy today using ETH, BNB, USDT (ERC-20 and BEP-20), or even credit or debit cards.
PepeNode recommends the widely regarded best crypto and Bitcoin wallet in the market, Best Wallet. PepeNode is now listed on Best Wallet’s lauded project screening tool, Upcoming Tokens, so you can buy, track, and claim once the project is live.
The token’s smart contract has been audited by Coinsult, giving early adopters peace of mind regarding the security of its code.
Follow the project on X and Telegram for the latest updates.
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