⭐Have all your Crypto Mining Questions Answered, Join the Community ➡
Are you curious about the world of crypto mining? Wondering if it’s a legitimate way to make money or just another scam? In this video, we dive deep into the world of cryptocurrency mining to answer all your burning questions! We’ll explore what crypto mining is, whether it’s legit or a scam, and the legality of crypto mining. Can you really make money with crypto mining? Is bitcoin mining a scam? We’ll also cover how to mine crypto from home and discuss passive income opportunities with crypto mining.
Crypto mining is often misunderstood. Many people think it’s a quick way to get rich or that it’s inherently shady. However, the truth is that crypto mining can be a legitimate and profitable venture if you educate yourself properly. Understanding the technology, the market, and the legal aspects is crucial. We’ll help you navigate these complexities and provide you with the knowledge you need to make informed decisions.
Join us as we uncover the truth behind crypto mining and help you decide if it’s a viable way to earn passive income or just another crypto scam. Don’t forget to like, comment, and subscribe for more insights into the world of cryptocurrency!
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🛒Are you looking to Purchase your First ASIC Miner or your 10th? Regardless I highly recommend ASIC Market Place! The Price on their Website is to your Door! No Import Tax, No Shipping ➡
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𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝟏 𝐨𝐧 𝟏 𝐇𝐞𝐥𝐩 𝐟𝐫𝐨𝐦 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫?
📆Schedule Time with The Hobbyist Miner ➡
⛏ New to Crypto Mining, Need Hand Holding?
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𝐌𝐲 𝐓𝐨𝐩 𝐆𝐏𝐔 𝐏𝐢𝐜𝐤𝐬 𝐟𝐨𝐫 𝐌𝐢𝐧𝐢𝐧𝐠 𝐢𝐧 𝟐𝟎𝟐𝟒:
🛒PowerColor Hellhound RX6600 ➡
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#bitcoin #crypto #cryptomining
📺Video Chapters and Content:
00:00 Is CRYPTO MINING a SCAM?
00:45 How do you Respond to People Calling Crypto a Scam?
02:25 Buying from UnTrusted Resellers is Asking for It!
05:00 Shopping for the Cheapest Price is Not Always Wise!
06:00 Do Not FOMO into Crypto Hardware and Projects
08:00 Who to Blame when Hardware is No Longer as Profitable?
09:45 Is Crypto Mining Hardware a SCAM?
11:00 Buying Crypto Mining Hardware is a Gamble
12:00 Is Cloud and NFT Mining Worth Investing In?
15:00 We Call Crypto a Scam When …
17:15 Why Diversifying is Important for Risk Management
19:45 Find a Community to Answer your Newbie Questions
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an “Expert”, I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.
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i stopped mining when ETH was no longer minable just buying hardware cheap not chasing profits put the whole farm in the closet 100 Gpu's just waiting for the bull run if it doesn't work out I'm happy i didn't spend that much.
expect a 1-2 year ROI without a pump, bottom line!
I have been watching you guys for some time now. And want to say thanks for all your insight!!! I do have one question for you and Andy…Do you both still recommend owning a Neoxa node?
If my miners fall out of profit I use AMM to make up the difference. It's working so far
I had a lot of good experiences buying hardware, only got burned once, but Amazon refunded funds
personally i don't blame crypto itself. But i do harshly blame the companies that sale these asics and their shady business practices. They put up a new asic for sale telling you its going to make 100 bucks per day for example, by the time you get it its making half of that. They never put in that information otherwise nobody would buy from them, tricky tricky. The asic companies play us like puppets because they know they are the only game in town and most alternatives are worse quality. Someday someone needs to make an indiegogo to compete with all these shady companies like iceriver, goldshell, bitmain ect. They wont ever admit it, but they are shady. Very very shady. In any other industry these companies would be shut down or sued due to all the misinformation and bad practices. Specially goldshell and bitmain. We are probably paying thousands of dollars on components that cost pennies on the dollar. Like Nike sweat shops.
Would love to hear what you would do if one of your wallets was compromised some way some how. Even with 2fa and offline protections. Had a bad experience with zelcore. Ultimately its my fault my responsibility but would have loved an option to change a password or some other type of security precaution. Probably lost 500$ is btc and over 5k in flux tokens. Starting from the bottom again is rough and makes you not want to invest in the same projects.
Along the line , i have been doing buying and selling on ali express app… Yiu know.. buying oer comouter hardware for everyday operation and it takes just one month to get to me
I'm in Africa.. west Africa and I wish to buy one if the mining hardware for a start how long do you think it ould take to get to me???? I'm texting from Nigeria and I only have 400 USD … What reasonable miner to you think can make a good profit per day..
1 year later and you're still shilling rigs that people make 5% of their profits back on before they're obsolete is WILD, change up your content brother
EDIT:
This comment isn't related to the video, just a general comment on the content on your channel, I mean for instance just in July there's Goldshell Mini Doge III, a miner that currently makes negative $0.06 per day even at $0.10/kwh, atleast you got your cash from referrals though! 🙂
Asic mining is a scam. GPU CPU mining, aka consumer grade hardware mining is a thing
Ks5l dead after 2 months of mining bad luck or scam ? Scam for me :/! Far away from roi …
Have you ever been SCAMMED in the Crypto Mining Space? If so, what happened?
@THM … Your discount code at ASIC Marketplace is only giving $80 off not $110.
Your video convinced me to invest in XAI22P, expecting 10x gains. Excited for listings!
XAI22P is still extremely undervalued
It is very hard to see project which can be used in real life like XAI22P 🥳🥳🥳
Scam
buy a house guys👍
Appreciate the recommendation! Bought XAI22P, expecting 10x returns. Major exchanges confirming listings. Your insights have always been on point. Looking forward to seeing where this investment goes, thanks for the valuable advice!
There are so many opportunity now but I think XAI22P is the best option
Just watched your video discussing XAI22P and I am very excited about this
if you have to have a video on how its not a scam – its a scam; loser.
lol his latest wife swap partner wanted to be on his youtube.
there are a lot of scams , pumps and dumps, rug pulls in the industry . The key is to educate yourself and play properly the game. Everyone these days wanna buy a bat from walmart to play in the MLB , and they wanna win the world series lol
Awesome commentary on the space, guys. Thanks!
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