Bitcoin mining farms make BTC anti-fragile, and thus more valuable, but miners are now dumping more Bitcoin than they’re even currently mining… and what’s going on with Ethereum mining in 2022?! Sub – http://voskco.in/Sub
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Because Bitcoin mining profitability right now is so much lower than it was last year, instead of mining and selling BTC some mining farms are mining energy credits instead. Riot Blockchain, a massive Bitcoin mining farm, and publicly traded stock RIOT made more money mining energy credits instead of mining Bitcoins last month?! How are Bitcoin mining farms adapting to a global recession with bearish conditions making it less profitable to mine Bitcoin AND more expensive to be mining BTC? Ethereum historically is the most profitable coin to mine, more money is made mining Ethereum than even Bitcoin but ETH is moving to Ethereum 2.0 and will be no longer mineable soon. This will ruin GPU mining and GPU mining will not be profitable at all, leading to the cheapest graphics cards in recent history. However, there’s a new project trying to save Ethereum mining and no, it is NOT Ethereum Classic ETC; it is ETHPoW. ETH PoW is simply a proof of work mining-focused Ethereum blockchain, or really just the Ethereum chain as if ETH 2.0 and the ETH merge never happens. Bitmain, the biggest ASIC miner manufacturer in the world and largest Ethereum miner producer (other than Nvidia and AMD with their graphics cards), has released the Bitmain Antminer E9. The Bitmain Antminer E9 is the best Ethereum miner ever, but you’d be an idiot to buy one as Ethereum will no longer be mineable soon, and Bitmain is betting on their customers not knowing that. Bitmain continues to make the best ASIC miners all while being one of the biggest scams in the cryptocurrency sector
📑 Crypto News 📑
Riot Blockchain makes $9m from energy credits in July – https://www.theblock.co/post/161226/riot-mined-28-less-bitcoin-in-july-and-earned-9-5-million-in-power-credits
What BTC miners are doing to survive the bear market – https://decrypt.co/106267/what-bitcoin-miners-are-doing-survive-bear-market
Push for an Ethereum hard fork for “ETH PoW” – https://www.theblock.co/post/160462/as-the-ethereum-merge-approaches-a-key-miner-is-pushing-a-proof-of-work-fork
Will mining pools survive the Merge and end of ETH mining? – https://decrypt.co/104967/ethereum-mining-pools-survive-merge-what-about-miners
⏰ Timestamps ⏰
00:00 Bad news about Bitcoin mining profits?
00:57 Riot Blockchain makes millions from power credits?
03:23 How are BTC miners surviving the bear market?
06:30 ETH PoW Hard Fork coming soon
08:43 Are mining pools doomed after ETH 2.0?
11:24 Bitmain scamming customers with E9
14:12 Trade without KYC on Margex
16:40 Bitcoin & Ethereum mining news
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#VoskCoin #crypto #cryptomining #passiveincome #bitcoin #ethereum #ethereummining #etc #btc #bitcoinmining #gpumining
20 Comments
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hi
Sounds like a sussy baka self report senpai 👀
Every single person who watches these videos know by heart what an asic miner is. So tired of hearing you talk about it lmao. Still going to watch the videos.
Who likes flux as next gpu coin?
The future of financing is being built on ETH. It's here for the next 100 years
Boooyow!!!
Always watching crypto miners videos. So much suspense. Will they survive ? Or one day, will they say "stop" and get a job ?
Why is there a problem if they sell their bitcoin? They need to pay for shit. "Dumping on you" is overused
That Supra 😤😤
Stress-free Ethereum Classic ⛏
ETHW is gonna look like Bitcoin Classic (TNET) on the chart
Voss I am about to purchase a Ipollo V1 Mini. I am going to mine ETC. Will I be able to continue to mine ETC after the merge?
Riot Blockchain is in Colorado not Texas..
Mining etc screw ethereum.
Hello, I think your work is very good, can I talk to you about cooperation? how can i contact you
Go look on glass nodes and you will see what is truly going on every blockchain.
couldnt you use the E9 on software like nicehash and mine btc anyway?
I laugh when they talk about power consumption. They never say boo to the casinos running all there slot machines.
This guy delivers more content than any other crypto related channels, keep it up Vosk!💯💪🏻