BBT VLOG Series – episode 3 part 1
Carter takes a critical and tactical deep dive on the cost associated to cryptocurrency mining. This application can be applied to ANY currency that is applicable mining with GPU/CPU at any scale (1 rig to 1000+)
DISCLAIMER: Cryptocurrency can be volatile, do your research! This video is to give you insight on the cost elements associated to fixed/variable agnostic to the volatile price of crypto. i.e. back in the day in early mining of bitcoin, it was far from profitable, however people still did it. Those early adopters believed in the system and invested into its success by maintaining the network.
Links used in video:
Energy Calculator
Killawatt meter to measure your electric cost
Other crypto-calculators
File Model – Basic Excel v1.0 Model (based on this breakdown)
Change network hash rate / notional pricing for income model
Video Details:
BBTVLOG Host – Michael Carter
Filmed with a Sony FDR-AX33 – recorded in 4k
Rhode VMGO Microphone
Audio Details:
Song Sampled with Permission: P.R.E.A.C.H Stl – Submarine
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