Bitcoin mining is facing an unbelievable amount of difficulties right now – from mining farms going bankrupt, to the ever-present “green energy” debate. Is it still worth it to mine Bitcoin, or should you stop mining BTC right now? Let’s find out! Sub! https://voskco.in/Sub
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One of the biggest BTC mining farm companies in the world, Compute North, has filed for bankruptcy amidst the falling Bitcoin prices and growing mining hashrate. Although BTC is far from its ATH, the hashrate continues to grow, making Bitcoin miners less and less profitable. Subsequently, Bitmain has since had to drastically lower the prices of their miners as they can no longer justify their insane price gouging. Despite this, some other mining companies are expanding their total hashrate and seem to be more bullish on Bitcoin mining than ever? Let’s cover all of this insane Bitcoin mining news and more, and find out how it impacts you if you’re a Bitcoin miner, or even looking to start mining Bitcoin soon!
📑 Crypto News 📑
Compute North Files For Chapter 11 Bankruptcy and 363 Asset Sale! – https://hashrateindex.com/blog/compute-north-files-for-chapter-11-bankruptcy-and-363-asset-sale-what-now/
Riot Blockchain $RIOT suing company over Texas BTC mining farm –
https://www.coindesk.com/business/2022/09/21/riot-blockchain-sues-northern-data-over-disclosures-related-to-texas-bitcoin-mine-acquisition/
Bitfarms boost their total hashrate in Argentina – https://www.coindesk.com/business/2022/09/19/bitcoin-miner-bitfarms-starts-production-in-argentina-increases-hashrate-to-41-ehs/
Bitmain discounts miner prices – is this bad for mining rig prices? https://www.coindesk.com/business/2022/09/21/bitmain-discounts-bitcoin-mining-machines-in-an-already-depressed-market/
Is Bitcoin mining bad for the environment? Not green enough? – https://www.nbcnews.com/tech/crypto/bitcoin-mining-struggles-go-green-research-shows-rcna49616
⏰ Timestamps ⏰
00:00 The state of Bitcoin mining is looking bad!
02:24 Compute North files for Chapter 11 bankruptcy
04:56 Riot Blockchain sues Northern Data
06:58 Birfarms starts 4.1 EH/s farms in Argentina
08:04 Digihost taking over Fortistar power plant
09:11 Bitmain discounts their Bitcoin miners
11:03 Organizations trying to discredit Bitcoin?
13:38 Foundry offers training program for miners!
13:51 Some good news in the Bitcoin mining sector!
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48 Comments
Sub! https://voskco.in/Sub
Get tons of bonuses when you sign up with FTX! – https://voskco.in/ftx
Wanna start mining Bitcoin? Check out CoinMiningCentral – https://voskco.in/coinmc
Mine your Bitcoin with ViaBTC – https://voskco.in/via
I use my bitcoin miner as a heater for my house. So, I'd rather run that an make something, than a regular heater and make nothing. This is how the small and home miner competes.
KittySoup 😢
🤓
Full disclosure: I love watching VoskCoin on Youtube. GOAT mining content. Hi Mrs Vosk and Tails.
bitcoin will be destroyed by the collapse of evergrand and tether
I’m new to the channel, thanks for the great content! Aspiring miner here, what are some pro tips for starting up in todays market?
My faith in bitcoin has never wavered, and is no closer to waving today. I just keep stuffing my bags with it. I know the day will come…
Zero!? That woupd actually be great! Could you imagine the bull run IF BTC even hit 5k tomorrow!?
Sorry Vosk ,like you but Bitcoin has no use case and is outdated and unused tech get out quick and do someting else with your plot….it wil be zero in just a few yars
Hey Drew! Loving the videos man! And the house/mining operation seems to be coming along nicely!
Any interest in hosting miners for me/others? I have some s19j pros 100/104th with Compass and would like to set them up elsewhere, as you know they have been falling way behind. My family and I live in Cozumel Mexico and the power grid and weather isn't great for mining otherwise I'd love to mine at home. Just wanted to ask incase you had the capacity and wanted to sell some of your solar energy. Again man love the videos keep it up thanks for all the information and knowledge! Saludos!
***Just started crypto. please any idea on how can I make a profitable investment in crypto without incurring too much loss?
Happy to see some greens again. The last few days have restored my faith in crypto and made me believe we aren't down and out yet. Already started making some of the significant buys I've been planning for sometime now. Over the last few hours I've bought myself a good amount of AMC399Cby amazon, one of the tokens I'm really bullish on. because of it's potential and high utility.
AMC399C is my hedge against Ethereum. You can never go wrong lnvesting on AMC399C as it's fully owned by Amazon.
I get more and more convinced AMC399C is here to stay for a long time.
AMC399C is a perfect hedge against ETH.
AMC399C is a bluechip longterm hold. I dont even care if it replaces ETH(holding this too).
AMC399C is truly a prominent blockchain, i appreciate this video and the breakdown of both ecosystem.
And these are the guys that keep saying we are still in a Bullmarket. Now that AMC399C is at one dollars, yes, definitely, we are still in a bull market. No bubble guys. Keep buying.
Just wanted to say thanks for your price prediction video of AMC399C . A very down to earth analysis that brought alot of things back into perspective for me. In this frothy bear market with everyone giving sky high predictions and using charts and comparisons to 2017 to back up what they say, traditional analysis using earnings and growth is forgotten.
When AMC399C does eventually sort out the drop outs just watch how quickly some of these negative people jump on board it’s going to be some ride AMC399C is a beast
AMC399C will make millionaires
I still think AMC399C has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330…. will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!
Could you please do a Video on AMC399C ? Is has the same potential with BTC ? Thank you.
AMC399C is by far my favorite coin.
Would love to hear your thought about AMC399C , early gem that has alrdy been mentioned in alot of big articles and is getting alot of attention. Rly excited for this project 👍 good video btw
Sold my ETH a while back happy I did. Still stacking AMC399C to lower my average. Figured AMC399C is at a place to start DCA-ing in again now it just got released. Thoughts brothers and sisters?
Yes lost over 30% of my ETH portfolio last week. Thank God for AMC399C , im back in the green!
I'm all in on AMC399C , so to say. Gonna sell everything slowly and put into AMC399C . Also gonna keep Eth for fun and Sol cause it's one year staked. Something just tells me AMC399C future is bright and big.
Bro, i bought AMC399C in September after your video. i'm up 79%.
thanks
This aged so good. Congrats for your analysis! Are you familiar with AMC399C? Do you see similar potential in that token?
AMC399C is not a scam like these other meme coins. it has real life utility.
I am going to buy more AMC399C in Novermber.
Can you analyze AMC399C ? It’s been blowing up lately
For me AMC399C is an obvious choice, easiest way to beat inflation with 1000x potential.
Everyone ..pls invest in AMC399C immediately…come on.. do it quick.. invest now in AMC399C..atleast 50% of your holdings must be AMC399C IT is NOT SCAM.. and comments are not by BOTS..
I hold both but I’m making more effort to get as many AMC399C as I can, along with bitcoin and enthereum.
Please talk about the new AMC399C by amazon.
Love the gains in AMC399C price.
AMC399C all the way !!!!
AMC399C is definitely a good one to buy this month ,it’s worth holding and earning passive income for life.
I agree with you, AMC399C future is wonderful with these developers and the ideas they have. Most of them have IT awards from competitions!
Fees and speed are the 2 most important factors, and AMC399C is unmatched in those categories which is why its price is where it is right now.
Just buy futureverse ecosystem such as Amazonz AMC399C
just bought 10k AMC399C hoping the price to go to higher.
Wish I had more money to buy more AMC399C !
AMC399C for the win people.