Why I’m Changing My Crypto Mining Strategy (You Should Too) because Bitcoin although it’s putting out about $30m per day is harder than ever to mine so how can I really earn passive income and reach financial freedom as a cryptocurrency miner? I’ll explain… Grab your own here
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⏰ Timestamps ⏰
00:00 Cryptocurrency mining is changing FAST
01:09 Should you just buy crypto instead of mining now?
02:58 Why mining WAS better than just buying
05:00 Why cryptocurrency mining is different now
08:25 How to avoid being burned in crypto
11:30 This new era of crypto investors are different
13:40 Is crypto still the best hedge or investment?
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VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
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This was your best video the last two years, and there have been many good ones.
You need to mine Kaspa to survive, even Marathon added Kaspa
You’re better off using your land and turn it into a private RC Model Airplane flight field. Sell subscriptions and the people will come.
And when you’re successful think of me and send me a small commission for the idea. ❤
Nice honest take bruv.
Pls, don’t do these kinds of videos.. I am following you a long time, please don’t confuse us .. what I am missing here… 😢
I have just bought s19 and it's been 20 days and sometimes it just stops mining and gets on sleep mode what should I do?
Node Validator on Pulsechain (PLS) man, or liquidity provider
Crypto Nerds Unite!
I mine stocks
Vosk. It's the people running this nut farm we need to take america back!!!!
Your electricity is way too expensive at 10c have you tried looking at some curtailment program just for your Bitcoin miners? My opinion: Mining will only roi you in coins if you buy the last-generation miners (s19 95th – €150) and run them under 4 cents even if that means you have to curtail. I would stay away from the new-gen miners as the return for mining shouldn't come from the capital risk it should come from operations risk from running cheap miners and returning 6-7 cents per kWh (2-3 cents profit).
Curtailment = making a contract with the grid to turn off your miners at peak demand times so it reduces strain, in return they reward you with a cheaper electricity rate so you trading uptime for lower operating costs
I wonder how Taxs on a mining business work
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mining kaspa and bellscoin (merge mined with ltc and doge) should be pretty epic the next year should they appreciate nicely this winter
As soon as you started making videos about things other than your farm your discontent came through the videos. you could hear it in your voice. seems like you've identified that and maybe (hopefully) you are going to do something about it.
KRC20 is a joke. one day of increased mining profits on release but KAS price went DOWN that day and KRC20 has had no bearing on the price upward movement at least as of 09-25-2024. if/when KAS price goes up it will attract more and more centralized mining firms. Kaspa will follow the same thing thats happening to bitcoin right now and that is big nasty Corporations will buy it up and make it harder for miners or even the everyday man to be able to get their hands on it. think i'm wrong? i point to Microstrategy. issuing millions of dollars in corporate debt bonds to buy hundreds or thousands of bitcoin at a time and taking it out of circulation.
We need free energy devices to become mainstream, a good bullrun & $BEL
I feel the same way. BTW there are still no Voskoin Bitcorn Tshirts in the store….
The actual strategy is to mine and HODL for even longer periods now as long as you are fine with miners running costs you should be fine and exchange your whatever mined coin to bitcoin every couple of months.
vosk didn't give a strategy
a clickbait as usualwelcome to youtube 2024I watch your videos because you're my canary. I leave your videos on my phone running all the time to help you. I haven't bought a single asic because of you and I owe you so much. What I did was buy coins and solar. It has allowed me to continue my hobby of mining and make gains.
Let’s face it, mining is addicting. But the game has definitely changed so you have to change with it and that imho means you have to have a multi-tiered approach including buying coins when it makes more sense and even buying used hardware at a huge discount to be able to ROI faster. And of course mining the “right” coins helps too. Timing also matters. I’ve watched over the last bear and noticed which coins and projects held up well and I have used that information going forward. You always have to stay lean when it comes to business and especially when you are scaling up.
until energy comes down which is doubtful, and very few coins that can mine are not shit coins, mining is pretty much over, am just at point where am weighting selling rest of rigs.
Focus on your solar and using the heat from your miners! My mining costs are very minimal with these added in. I wouldn't advise solar on the home! Nothing like turning your roof into swiss cheese w the brackets, not to mention possible moss and birds nesting under your panels, causing havoc.
i make $0.27 a day with 2 gaming pcs and 2 low end non gaming pcs 😭
I see there are two ways of looking at crypto. Either go broke or buy the coins you want. I bought coins when the graphics card was put out of its misery and wasn't going to risk any more money. You are a very smart man with lots of potential to manage a business. I know this is not your thing.
That's why I just pay for hosting and technical support from trusted brands. I buy the miners and have them run it, fix it if something breaks and pay way cheaper electricity cause they get better rates.
Forget about pow mining… Depin projects is the way to go! I have 20 GEODNET miners, costed me 14k in January… I am making 100$ a day.. and that is because there are halvings every year on July 1st… Real world application, honestly i dont understand why isnt everybody talking about it! I have bought 2 Iceriver AL0s, and it was my worst investment on a looong time. Just stop giving money to those ASIC Manufacturers and support projects that can really Change the world. Just my 2 cents. 😊
If your actions inspire others to dream more, do more, learn more, and become more, then what are you? Someone you can look into the mirror proud of.
i do it for business purposes. where im not able to buy a coin.
I think I've tried telling you that DIY Solar Power is very low risk and has enormous up-side returns for mining!
Solar OR buy Bitcoin. Right??
Mining doesn't feel the same since ETH days. I'm sure the earlier days were even better.
BTC mining is a pipe dream now, the new machines are outrageous hashrates and power draws, it's chasing a dream that turned into a nightmare!
Kaspa is even worse, but thats the game. I realize that was the idea from the start, coin get popular, more miners come onboard, make it harder for everyone else, secure their project network, rinse and repeat…
Not sure I want to stay in this rat race much longer, prob gonna cash everything in this next bull run.
Sell my gear to the Timmy's that want in on it, and boom. I'm off to the next rabbit hole.
I feel you about going all in on "hobbies" as I stand next to my wall of 3D printers. This ain't as fun as it used to be, especially with these power costs.
Nice video man, you got my gears turning 🖖
So what is the new strategy? Buy coin, not mine?
I do like watching the progress of my miners and the feeling the weight of a few gold coins in my hand.