I feel like giving up on Bitcoin Mining

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  • เผยแพร่เมื่อ 20 พ.ย. 2024

ความคิดเห็น • 106

  • @NerdThingsAndMore
    @NerdThingsAndMore 11 วันที่ผ่านมา +19

    The electric company is the winner here

    • @gemrough
      @gemrough 11 วันที่ผ่านมา +3

      Nope Bitmain is the winner!!!

  • @davidraborn3654
    @davidraborn3654 12 วันที่ผ่านมา +4

    I ran 10 S9's back in 2018 in my shop. After selling everything I broke even AT THE TIME! Now it way more valuable, and was a fun experience and shows you how everything works. Thanks V and Crew.

  • @Inobex
    @Inobex 12 วันที่ผ่านมา +5

    remember in 2008 everything crashed, 99% of people lost a lot of money, but at the same time, that was the time people made even more money because they double downed and saw everything as "on sale", just because it may seem worthless now, in 1-3 years, you might be making huge gainz

  • @chrisseeley1677
    @chrisseeley1677 11 วันที่ผ่านมา +4

    I've watched your channel for years now Drew and as time has passed, more and more I've wondered why you still mine BTC. Thanks for still producing excellent content

    • @apocalypse_aint_so_bad_APOLLO
      @apocalypse_aint_so_bad_APOLLO 8 วันที่ผ่านมา

      Haven't mined since 2017, but dude's a legend - check in every few months and am mind blown he is still at it. With that mindset, you just know that whatever he puts his mind to, he will make it work. Mad respect.

  • @CryptoVC1186
    @CryptoVC1186 12 วันที่ผ่านมา +4

    😂 this was coming from mikes away . Used to be profitable at 15k but at the current price valuation it is not….. unless you live abroad or get cheap renewal energy ….
    Thanks for your service

  • @besiangashi
    @besiangashi 12 วันที่ผ่านมา +5

    I've been following you for some time now. It's not the first time you're saying this haha. Maybe you're trying to protect your business 😁

  • @richardmorris8745
    @richardmorris8745 12 วันที่ผ่านมา +4

    It’s only going to get more expensive to mine while getting less and less block rewards. It might be the best time to be able to sell your BTC mining equipment and focus on other mining projects.

  • @Finnn66
    @Finnn66 11 วันที่ผ่านมา +2

    So tough! I had about 16 miners back in 2021 but had to turn them off because the Government hiked my electric rate to over 26c per unit. There are some miners now that even with zero cost electricity it would take me over a year to earn the cost of the miner!

  • @pole6840
    @pole6840 11 วันที่ผ่านมา +2

    Drew, you are wasting a lot of heat. Would you consider to do some underground heat accumulator (a big water tank with some algi growth inhibitor) and do some liquid-to-liquid heat exchanger to raise the tank temp, and after that air cooler to ged rid of excess heat. than use the warm water to heat the house at winter. Much quieter than running miners in garage to heat up the garage. You will only need low noise heat exchanger. Also consider to do pararel ''electricity solar mining'' farm and simply buy the BTC at the current market price. It will be interesting to see such comparison.

  • @Chuck8541
    @Chuck8541 10 วันที่ผ่านมา +1

    Keep moving forward. 🙌

  • @ronwatkins5775
    @ronwatkins5775 11 วันที่ผ่านมา +3

    Large scale deployment (~1MW) can be done for about $1/MW including all the associated equipment. Is that something you would be interested in?

    • @gemrough
      @gemrough 11 วันที่ผ่านมา

      Lol $1 per MW???? I sure hope you are not saying $1million per megawatt cause that’s way too high!!!

  • @NerdThingsAndMore
    @NerdThingsAndMore 11 วันที่ผ่านมา +4

    Wow hit us with the robberhood too

  • @rayspeers11
    @rayspeers11 12 วันที่ผ่านมา +3

    Your greatest asset is Miss Vosk...ape into Mrs. Vosk.

  • @magnitudematrix2653
    @magnitudematrix2653 11 วันที่ผ่านมา +2

    In my country it's illegal to print Bitcoin. You must have government approval.

  • @trijenhout
    @trijenhout 11 วันที่ผ่านมา +1

    i love to now what pools you are mining btc... do you switch a lot? what are you thoughts about mining on ocean pool and get payed true lightning????

  • @andrewmartin8410
    @andrewmartin8410 11 วันที่ผ่านมา +1

    EASSSSY MATH
    13,000 to 10,000 = -23.1%
    14,285 to 10,000 = -30% 😉
    You the man Vosk, I love your videos. Keep up the good work!

  • @Beeterfish
    @Beeterfish 11 วันที่ผ่านมา +1

    You actually have the DOGE in real life? Wait, or was that the Shib? Thanks for the awesome video, man!

  • @BRIANVANDUYN
    @BRIANVANDUYN 10 วันที่ผ่านมา +1

    Dude that’s a badass farm !

  • @juanmagm
    @juanmagm วันที่ผ่านมา

    Your work is inspiring bro, thnx a lot!

  • @Eratas1
    @Eratas1 11 วันที่ผ่านมา +1

    I use GPU mining with offgrid solar. Panels cost nothing: ~0.15$/W

  • @derek2593
    @derek2593 11 วันที่ผ่านมา +2

    Personally, I'd say you're getting greedy. How much money do you NEED to retire. Maybe start thinking of an exit strategy.
    More time to spend with family. After all, no one on his deathbed ever said, "I really wish I had spent more time working."
    Aren't you around Richmond? I'm in Nova. Do you have visiting hours? I'd love to see it all.

  • @jagjohn2000
    @jagjohn2000 10 วันที่ผ่านมา

    If you are in the US, the ISDA REAP grant pays for 50% of your solar system. Then a 30% tax credit or 40% if you are in former coal country.

  • @thetoxicminer6854
    @thetoxicminer6854 11 วันที่ผ่านมา +1

    Congrats on the progress with the weeds, never ending war.

  • @danbulmer
    @danbulmer 11 วันที่ผ่านมา +1

    no shit to say but... the voskcoin store could use some work. no shipping updates pal. three weeks and holding.

  • @K-JAM
    @K-JAM 9 วันที่ผ่านมา

    Vosk. You should do a video on how you file your taxes from all that crypto mining and if you are able to get back any tax refunds from buying the miners and/if you have both in a C-CORP or a LLC. Also add in the "solar farming" to the mix of your tax incentives to see if you can receive any tax refunds from EVERYTHING that you are doing at your "farm". 🔥Big SHOUTOUT TO YOU BRO! 🔥 💯🔥

  • @minibikelarry
    @minibikelarry 11 วันที่ผ่านมา +2

    Breh just buy & hold btc

  • @ChristopherGeneva
    @ChristopherGeneva 11 วันที่ผ่านมา +3

    was this recorded before the election?!

    • @VoskCoin
      @VoskCoin  11 วันที่ผ่านมา +3

      It was lol

  • @TerranDiablo
    @TerranDiablo 11 วันที่ผ่านมา +1

    Bro you need 4-8 more l9 and 6-12 s21 xp - when btc is 125 k next week - s21 xp is mining 30 a day?18 -22on a good day at 300 th - l8 use .75 to pay your electric for all and save the rest . You’re welcome 😊

  • @BenHerrera-v2y
    @BenHerrera-v2y 11 วันที่ผ่านมา +1

    Never give up brother!😮

  • @sang3Eta
    @sang3Eta 11 วันที่ผ่านมา +1

    Sell your least efficient miners and use the money to go solar. Bitcoin punishes those who get greedy and use debt. You're running too many miners.

  • @silasbucur685
    @silasbucur685 11 วันที่ผ่านมา +2

    The fact that you havent gone to Doge coin yet smh

  • @captainhappy
    @captainhappy 11 วันที่ผ่านมา +1

    Give up only after you have seen the following 3-12 months. This right now is pretty much the once in every 4 years going to happen, and you want to have your money in right places. Don't sink all your money to PoW mining, it is overly competed sector, it profits a little, and after bull run it all can be unprofitable. There are other ways to benefit from the upcoming bull run. If the following 3-12 months don't change your situation economically, then it's time to do something else, learn to be airplane pilot or boat captain or house builder or cab driver or government agent or.... well theres lot to choose from :-)

  • @MyThirstForThee
    @MyThirstForThee 11 วันที่ผ่านมา +1

    My pet would totally approve of this coin

  • @SHAQTOSHIHOTEP
    @SHAQTOSHIHOTEP 11 วันที่ผ่านมา +1

    ETC are becoming more efficient than BTC miners more profits for your electricity

  • @AdamDahdah.
    @AdamDahdah. 12 วันที่ผ่านมา +3

    Ok start a solo mining for one month lol

  • @sankofawealth9139
    @sankofawealth9139 9 วันที่ผ่านมา +2

    I am looking for funding to start mine.. any thoughts..

    • @Michealsmace
      @Michealsmace 8 วันที่ผ่านมา

      Mr.Jason crpto min ing knowledge is like secret recipe for success. not just for beginners tho...

    • @Michealsmace
      @Michealsmace 8 วันที่ผ่านมา

      I'm celebrating a $32k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now i have time for my family and the life ahead of me.

    • @Michealsmace
      @Michealsmace 8 วันที่ผ่านมา

      Get him on

    • @yuruyuss_75
      @yuruyuss_75 8 วันที่ผ่านมา

      We are seeking angel funding for our project

    • @Michealsmace
      @Michealsmace 8 วันที่ผ่านมา

      Jason_lezz
      That's his use r I D

  • @mattsaylor6616
    @mattsaylor6616 9 วันที่ผ่านมา

    If you want free electricity look into dirt batteries never run out always give you power cheaper than a solar panel more power

  • @KaySwiss21
    @KaySwiss21 11 วันที่ผ่านมา +2

    Time to pack it up

    • @VoskCoin
      @VoskCoin  11 วันที่ผ่านมา +1

      4 & 1 they give me the ball

  • @abhayeducation3732
    @abhayeducation3732 11 วันที่ผ่านมา +1

    With Elon and Trump now working with Quarden Token is going to absolutely blow up

  • @almac8840
    @almac8840 7 วันที่ผ่านมา

    Most expensive lottery ticket ever

  • @calvinl6686
    @calvinl6686 11 วันที่ผ่านมา +1

    Bro, u need to stop all ur mining operations that are no longer profitable. 1. Bitcoin is halving and less block rewards are coming. At some point, unless BTC is 1M, no one will mine it at a profit, and this applies to all older coins (99.9% of miners are not profitable after factoring in the machine costs). Stop mining all "mature" coins ASAP; if u like them, just buy it with cash instead of mining it. 2. If u have infrastructure, u can take advantage of ur electricity prices to mine the LATEST coins/NEWEST machines, which you can mine a lot of prior to a run.

  • @DavidDurallthethird
    @DavidDurallthethird 11 วันที่ผ่านมา +1

    You've got the worst cable management ever.

  • @dragonballzpop
    @dragonballzpop 11 วันที่ผ่านมา +1

    Friendly administration coming in office pro crypto. Btc at a all time high and still going up. Yes, big corporations are hurting home miners. But it's still worth getting more, either dca or mining. Best bet is to sell old equipment and buy more efficient miners.

  • @SlightlyCrypto-
    @SlightlyCrypto- 11 วันที่ผ่านมา +1

    With currency expansion at 8-10% a 5.5% yeild on investment has you on the loosing side of the trade regarding purchasing power.

  • @pisicanera
    @pisicanera 11 วันที่ผ่านมา +1

    If you can invest in solar panels and maybe also in some Lithium based bateries for storage, so you can run more or less 24/7 on free energy, then it is a very good idea. Otherwise I still think, if you have the cash its easyer to buy the crypto and have a clear plan for taking profits and reinvesting.

    • @gonjiskyfire6469
      @gonjiskyfire6469 11 วันที่ผ่านมา

      Maybe Solar panels plus Bluetti battery storage will be a good idea.

  • @naturesinstinct2229
    @naturesinstinct2229 11 วันที่ผ่านมา +1

    Only 29 more Halvings to go. 🎉

  • @fitzgeraldjk
    @fitzgeraldjk 8 วันที่ผ่านมา

    Dogecoin began as a joke but gained popularity fast!

  • @mrhawthorne863
    @mrhawthorne863 11 วันที่ผ่านมา +1

    Mine with a cpu and change the coins your mining.. helium is another coin that had a good pump. there should be some new coins going to go nutz

  • @americaclean4117
    @americaclean4117 9 วันที่ผ่านมา

    Yes be proud that awesome what you have i wish have something like that

  • @CoinNest-f1g
    @CoinNest-f1g 8 วันที่ผ่านมา

    Bitcoin is often called "digital gold."

  • @subhashazra5175
    @subhashazra5175 11 วันที่ผ่านมา +1

    Highly likely there will be partnerships between X or Tesla with Quarden Token

  • @marcusroark9197
    @marcusroark9197 11 วันที่ผ่านมา +1

    Congrats on the Kaspa pump today! Get solar done so those profits can turn your frown upside down 🙃!

  • @ToddDesiato
    @ToddDesiato 12 วันที่ผ่านมา +1

    I know some of your miners are not profitable. Send me an email. How many miners do you need to make the same profit, but no electricity cost? Maybe scale down the farm, add solar, and get back to the same place without all the bills. (I accept BTC. LOL!) $10,000/$0.07 = 142,857 kWh per month! Yikes!

  • @caragramgoogleweb3.023
    @caragramgoogleweb3.023 10 วันที่ผ่านมา

    Stop mining... it's not morally when you're not leveraging.

  • @ThaliaTorres-bt6wu
    @ThaliaTorres-bt6wu 10 วันที่ผ่านมา

    I don t know how many x-es it will do, But i Know Wrump will absolutely make millionaires soon!

  • @bryanroblero-mendez9164
    @bryanroblero-mendez9164 11 วันที่ผ่านมา +2

    Dammmmmmmm

  • @Michealsmace
    @Michealsmace 11 วันที่ผ่านมา +1

    Hii

  • @Mr.cold.as.ice.
    @Mr.cold.as.ice. 11 วันที่ผ่านมา +1

    Kaspa is loading !

    • @VoskCoin
      @VoskCoin  11 วันที่ผ่านมา

      Bout time!

  • @dazetwenty346
    @dazetwenty346 11 วันที่ผ่านมา +3

    you need to farm the sun ,son

    • @VoskCoin
      @VoskCoin  11 วันที่ผ่านมา +2

      I think you’re onto something 🌞

  • @nilisansobrezzy2797
    @nilisansobrezzy2797 9 วันที่ผ่านมา

    Bro look into solar

  • @FF__GOD__360
    @FF__GOD__360 11 วันที่ผ่านมา

    Leaks coming out about Trump working together with shareholders involved with Quarden Token

  • @all4bitcoin
    @all4bitcoin 11 วันที่ผ่านมา +1

    you don't have to wait anymore.. Trump pump is here :)

  • @CaesarBero
    @CaesarBero 11 วันที่ผ่านมา

    Hi mate... I've been following your channel checking your videos.. I'm on the verge of starting a crypto mining business.. I have means of a power supply that is going to be very beneficial in terms of cost.. just wanted to ask in your opinion... Would the Canaan Avalon 1466 be a good investment.. I'm talking 50+ maybe double that? By the way your channel is awesome.. very useful and good content!

  • @zeusall-righty9653
    @zeusall-righty9653 11 วันที่ผ่านมา

    Again no solar yet. Not actually helping the BTC movement at all just burning non renewable power.

    • @VoskCoin
      @VoskCoin  11 วันที่ผ่านมา +1

      I ordered solar

  • @bugoutbuds8744
    @bugoutbuds8744 12 วันที่ผ่านมา +1

    Oh ya let’s give up right when Elon gets elected president, brilliant take

    • @richardmorris8745
      @richardmorris8745 12 วันที่ผ่านมา +2

      Dude, consider that electric costs are constant and block rewards just got cut in half. And in 3.75 years, block rewards will be cut in half again. Mining BTC is a losing proposition very soon. It might be the optimal time for him to sell his BTC minors and get a decent return for them.

    • @chilldudie242
      @chilldudie242 7 วันที่ผ่านมา

      ​@@richardmorris8745how will the network operate without miners?

  • @karishmaharper
    @karishmaharper 11 วันที่ผ่านมา +1

    Bought XAI98H after watching your video, super excited! 💰

  • @MrDavePed
    @MrDavePed 11 วันที่ผ่านมา

    You have a tremendous amount of valuable knowledge about the business which I do not have. Give me a way to contact you. Let's work together.