Bitcoin mining is difficult, there are major BTC mining farms with millions in funding making it hard for the average person to mine competitively which continues to beg the question, is it more profitable to BUY BITCOIN or MINE BITCOIN? Let’s find out.. Subscribe – https://voskco.in/Sub
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I began my cryptocurrency journey mining with GPU rigs and since Ethereum is no longer mineable, the only alternative is using industrial-grade ASIC miners to mine Bitcoin and other cryptocurrencies. But in today’s bear market, does it make more sense to mine Bitcoin or should you just buy it? Today we’re going to look at all the bitcoin mining data you should know before you start mining! We’ll also review bitcoin profitability stats and why so many BTC mining farms are shutting down.
Join the VoskCoinTalk Forum and help us with the mining farm – https://voskcointalk.com/t/voskcoin-solar-powered-crypto-mining-farm-build-plan-input-needed/8524
How to set up an ASIC miner – https://www.youtube.com/watch?v=8XNQ4lP7PIc
Watch our video on the state of BTC in 2022 – https://www.youtube.com/watch?v=PSpfKs6UmOc
⏰ Timestamps ⏰
00:00 Buy Bitcoin or mine Bitcoin?
01:11 Terrible news keeps coming to the crypto markets
02:31 Bitcoin difficulty adjustments & mining troubles
04:02 Are there still profitable BTC miners?
05:25 How much money does BTC mining generate?
07:50 Bitcoin mining giant Bitfufu vs FTX
09:00 Bitcoin mining lawsuit!
09:39 Crypto mining stock index keeps dropping
11:44 Help with the Bitcoin solar mining farm
13:00 Crypto ASIC miners keep getting cheaper
14:00 Canaan is releasing new miners
15:00 It’s a difficult time right now. Don’t give up
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VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
#VoskCoin #homemining #crypto #mining #solarmining #solar #bitcoin #btc #cryptomining #asicmining
28 Comments
First 🫡
I was just thinking about this the other day!
Are you buying Bitcoin? Mining Bitcoin? Both? Neither?
00:30 that guy's drip is crazy
Vosks best intro is the full disclosure and disclaimer that He loves mining! Same here Vosk, Same here. P.s. Anyone know how to contact Hero miners? They are not available!
I love your show. A real every day perspective on the market.
ETC on gpu ?
15:30 you definitely are going balls deep for sure
I just clicked this video 23 mins after
Lite coin is the life coin
I happy 😊 whenever bitcoin is cheap I'm confident
Lol, right now, they both = bankruptcy.
Hey Vosk. If you come across this comment. The ones I see survive this will be 'lean and mean'. Trim away all that you dont need right now. And preserve the most important. Try and resist the bottom feeders wanting to buy you out. Your community will support you the best we can. Use us.
I was thinking of getting into KDA mining but still waiting….
buy coin. if mining HW made money, the manufacturer wouldn't sell them. at a low enough $KWh, the HW is a money printing machine. Y wudU sell it? the only chance u have is if you have free E. if you publicly and provably had that free E, and revealed that fact, the gov will exact its pound of flesh. little-guy mining is a dream
🖤🖤🖤🖤🖤🖤
Tbh, I hope these massive farms fail. They got too greedy and got in way over their heads. Their greed has only screwed over the “average” miner, eating up most of the bitcoin and killing profits only to have to dump because they made horrible decisions. I don’t feel bad for them at all. I hope they get what they deserve. It would make things quite a bit better for everyone else.
Either I didnt hear the answer or you didnt give the answer to the title, is it more profitable to buy or mine? I get tons of answers from various places, not a single consistent answer.
It is much affordable to buy Bitcoin for the most of the people.
Btc the1st the best
😂 I just bought my first Antminer S9 13.5th/s for $50 on eBay, figuring I can us is as a dehumidifier in my basement 😅 & mine a little btc because why not 🤷🏿♂️
If Bitcoin can get to those very high prices.
Then buying is better.
Much less hassle , for maybe a small percentage of profits.
not even in 2023
Just think about how abundant bitcoin itself can be when it reaches it max. Holy to have a piece of that will be worth more than any dollar.
Hey D.
Don't worry about the things you can't control Amigo.
Keep moving forward, BUT don't invest in Solar yet. Recuperate $$$. 1st the solar you can do little by little.
All business get bad hit, some worst than others.
You still afloat so you still in the game.
Another exchange who lied about what problems they are having. I never got a chance to even get my money out. I will never trust an exchange again!!!
i dont understand the fud,i have several pc not too strong and gpu and i keeping mining event though its a 30cent a week, i belive it will go up so my small bag it will be worth something
I just don't understand the confidence in BTC. What happens when the next inflation bug gets exploited, which is very likely if you know humans. Also what happens when BTC faces Quantum computers in the not so far future.