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    Why My Mining Farm Lost Money Last Month



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    View 29 Comments

    29 Comments

    3. Ron Watkins on

      You should consider getting a larger warehouse location and splitting the electric with other folks to average out the costs of a larger location.

    4. Beatrice Torres on

      I will not describe it at length, I will just say, try mining in the Utopia ecosystem, and realize that it will be much more profitable than mining ether

    6. shawn fitzgerald on

      Is he considering the difficulty /hash rate increase in ETC once a large portion of people move from ETH moves to ETC? I suspect that will reduce profits significantly.

    13. Harry Elizo on

      100 mh miner here losing if anyone has the heart to help me i been mining rvn for over a year never sold but anyway. my address is RVsu3TrVuGaZGM8nBeeN5B44LcFCMtRGTt . ive been holding it down like soat. if anyone is better off or has hash power help man! RVsu3TrVuGaZGM8nBeeN5B44LcFCMtRGTt

    15. TEXT🔛Diligent_hack on Instagram on

      Am sure many must have been saved by this great platform also just like I have been ..I was so lucky to eavesdrop some of my colleagues discussing their next investment with them..I can’t forget the very day cos it was the day I started living a good life and earning huge profit without any work.

    16. TEXT🔛Diligent_hack on Instagram on

      Am sure many must have been saved by this great platform also just like I have been ..I was so lucky to eavesdrop some of my colleagues discussing their next investment with them..I can’t forget the very day cos it was the day I started living a good life and earning huge profit without any work.

    17. Deepcoder on

      Wow…your state charges taxes on electric bill ? I am not sure Texas can continue to make fun of other high tax states. And add a county tax. Wow. Just your taxes are higher than my whole bill. But i only have 7 GPU's… I like your honesty though. Great video.

    18. pedro on

      I keep reading about people grabbing multi-digit income in investments every month, even in these crazy days in the market, and fluctuations in prices,any pointers on how to make substantial progress in income? I would appreciate. The cost of living at this time is getting really high. I really need good ways to increase my finance

    20. David Bergeron on

      Isn't 200amp service 48,000 watts? 80% rule is 38,400 watts which should be able to support more than 6GH. I have 2.3GH at home and it uses 6000w roughly.

    21. Ronald Maas on

      If you are barely making break even on ETC I think the best path forward would be scaling down until a) you do not have to rent a space and b) you can easily absorb the power cost out of your own pocket. After the merge is done a lot of hashing power (ASICs) will migrate to ETC and other GPU minable coins. Keep the most efficient GPUs and sell the rest while there is still some demand by gamers.

    23. Port Gibson on

      How are you getting 6cents per kWh? I do not see a plan for less than .17, im in a two year solar contract at .141. I'm in Dallas. Keeping the heat down with port a cool unit. How are you liking Ezil over hives?

    24. Ed T on

      LOW HANGING FRUIT…..your rental is killing your profit….it is limiting your power (can't expand), it gets hot (limits hashing), it is far from your home (travel and time costs), it looks too large for your existing needs (from repair vids)….all of this indicates your priority is securing a better farming location. If you had the money I would say build an oversize barn on slab. Keep the back 20% to mine in and rent out the front 80% either to a small business (dojo, xfit box) or direct rental to guys to work on cars, store their boats in off season etc.
      Check out Brandon Coin for his current setup in his dad's garage.
      If you own it's a capital asset you can depreciate as well as use mortgage against taxes.

    25. Chuki? on

      Don't hesitate to come out with some merch or any alternative ways to fund your journey since it might make the difference between making it and losing it all. I'm sure I'd buy a mug, a mousepad or maybe a joke calendar with tuesday as every day of the week

    28. Karl Ellender on

      Lol nothing like a crypto YouTuber from the US mentioning electricity price increases.

      Some perspective. In the UK I'm paying 34p per kWh. That's $0.42 per kWh.

      Us non solar European miners have had to either stop mining or swallow the cost and Hodl (that's what I'm doing)

      I'm mining Ergo and hodling as it's currently the most efficient blockchain for my electrical costs and it's by far the most decentralised… And we have a decentralised casino starting up very soon where our liquidity can act as the house, which is pretty insane, the SigUSD stable coin has 800% reserve ratio so no Luna problems.

      Also I must add, why would any miner be supporting the Eth network at the moment considering they are actively trying to take your hobby/income away?

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