Leaving Crypto Mining Behind: My Experience and Reasons Why

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  • Опубліковано 14 тра 2024

КОМЕНТАРІ • 49

  • @valentin3186
    @valentin3186 Місяць тому +4

    Important emphasis on mental health part, keep rocking man
    It's been great watching you through bears and bulls

    • @Financial_Failure
      @Financial_Failure 11 днів тому +1

      It’s always great to see someone comment exactly what I was thinking… you take the time you need man. Mental Health is key 🔑.. some would say it’s the private key because we usually keep it hidden… but shouldn’t

  • @john__lemon
    @john__lemon Місяць тому +5

    Wise words from the goat

  • @Nationrising1
    @Nationrising1 Місяць тому +8

    Thats what i did just shut it down. Gpu mining is hard work.

    • @ProficientEnough
      @ProficientEnough Місяць тому

      Yep. I shut down during summer. It's too damn hot here in the summer

  • @benwp4179
    @benwp4179 Місяць тому +1

    Perfect video. Its important to take mental breaks. Crypto right now is alot to follow. Take care of your health first out there.

  • @YsMining-zc1uj
    @YsMining-zc1uj 15 днів тому

    Yep, that's what i did. Just got a few asic's going and parked the gpu's. Feels good for now.
    Good response bro. God bless

  • @all4uminers587
    @all4uminers587 Місяць тому

    Thanks ❤

  • @karlnotlenny1
    @karlnotlenny1 Місяць тому +3

    Wishing you the best bro 💪

  • @roberte.wilson5213
    @roberte.wilson5213 Місяць тому

    I took a break. Was in the middle of a move to new property and did not feel i had time to tinker with the machines. Now i have more room for solar and more room to expand.

  • @nFluxMining
    @nFluxMining Місяць тому +1

    I agree 100%. Electricity is cheap when you just turn the equipment off ;) There have been long durations that all my hardware has just been turned off. I already own the equipment, I just flip the switch when it's profitable to do so. Best of luck to all. Whole lotta fun in store!

  • @user-bh9yk2wv4w
    @user-bh9yk2wv4w Місяць тому +1

    Thanks SOAT, this has been on my mind. Just finished a sea can and have spent so much only for profits to be gone. Eating all my hydro right now. Super hard place but F it I’m too deep!

  • @remoteinllc
    @remoteinllc Місяць тому

    Love it brother. Mining is a backbone support line for most currencies. That's why I never give up, even though I may break even on a month or 2. God Bless.

  • @santiagoferrari1973
    @santiagoferrari1973 28 днів тому

    Im happy for you.

  • @CYBORG_78PL
    @CYBORG_78PL Місяць тому

    Will do 👍

  • @instantchiro85
    @instantchiro85 Місяць тому +2

    Great advice I flow in and out of mining on a large scale and now with solar it’s just easy to mine nearly all the time with last gen ASICS. Solar means everything is profitable

    • @charlesbrock5172
      @charlesbrock5172 Місяць тому

      Tru Dat shit

    • @SonofaTech
      @SonofaTech  Місяць тому

      I haven't gotten to that capital level yet.

    • @instantchiro85
      @instantchiro85 Місяць тому

      @@SonofaTech it’s not that far away. DIY install of eg4 xp6000’s surprisingly good value. 18 month pay back. I’m doing a video on it on a different channel so it may be of interest. I’m not an employee of eg4

    • @BLEACH500
      @BLEACH500 Місяць тому

      I got 8000 watts I’m burying the lines in a few days after i mow down the 2 foot of grass from not cutting it since last year its the only way i could see mining making sense even at 10 cents a kilowatt hour

    • @BLEACH500
      @BLEACH500 Місяць тому

      @@instantchiro85thats what i got its max is 8000 watts 4000 each charger

  • @AnothProudAustralian
    @AnothProudAustralian Місяць тому +1

    Now would not be a good time to sell regardless. At least wait until the very end of this year when BTC is near it's highest point. That's when people will be buying gear from their fear of missing out.
    Personally, I'm still acquiring hardware. I have gear still in boxes that the farm can't use yet. Adding more solar next month. I agree with the good captain 100%. Put it away but don't sell. At least not now.

  • @SevericK_BooM
    @SevericK_BooM 12 днів тому

    I’m in same spot, financially I definitely don’t need to sell my stuff. So, I’ll just hold onto it for now

  • @dsflat6785
    @dsflat6785 Місяць тому

    Statista has a chart that shows historical BTC MCAPs and percentage yearly returns which would be better for a video like this.
    Bitcoin Cash looks like it could be following BTC and just be a couple of cycles behind, which is when BTC saw it's best gains 🤔
    BCH is up about 300% in one year, more than twice as much as BTC...
    Maybe mining a few BCH and sitting on them waiting for a mega pump could be an ASIC miner strategy ..

  • @trailerminer9650
    @trailerminer9650 Місяць тому

    I got rid of most of my Asics because it troubled me to always buy the little ones because I can't afford the big ones and I have high power and then ultimately the yield just kept dropping but going to hold on to my GPUs and CPUs for the future

  • @xxginxx007
    @xxginxx007 Місяць тому

    i havent see your vdo for long time damm u got a beard look great

  • @tugrulserhat
    @tugrulserhat Місяць тому

    I'm just stacking coins that are sure to go up on bull run like flux and paying electricity outta pocket. doing some maintenance on gpus every now and then, and waiting.

  • @samtemplar
    @samtemplar Місяць тому

    C. U. Next. Tuesday. I see what you did there. Nice.

  • @bartekmedes8281
    @bartekmedes8281 Місяць тому

    Selling your stuff is gonna become the problem as alot are doing that

  • @tuberworksjones
    @tuberworksjones Місяць тому

    its very sad

  • @about46squirrels
    @about46squirrels Місяць тому

    is rocket chat still a thing? was thinking about getting into mining again...

  • @BoneyardLabs
    @BoneyardLabs Місяць тому

    Plus, if you sell your gear and have previously depriciated it for taxes, selling it off is yet another taxable event. Just hold onto the gear if you can.

  • @Miner_001
    @Miner_001 Місяць тому

    No break, 20 hours of 24 only crypto until "Lambo"!

  • @BaconEggsAndHash
    @BaconEggsAndHash Місяць тому

    I'm not gonna lie I'm seriously thinking bout doing that..Definatley need a break

  • @vishnukumark6757
    @vishnukumark6757 Місяць тому

    well said

  • @TotaleCryptoMining
    @TotaleCryptoMining Місяць тому

    Sage advice

  • @royzhou8344
    @royzhou8344 Місяць тому

    We are in this together ❤

  • @Jazon2901
    @Jazon2901 Місяць тому

    Homeboy got the cauli, you still training mate?

    • @Jazon2901
      @Jazon2901 Місяць тому

      Oh I forgot, you got a blue belt. You must of definitely quit by now ha ha ha jk

  • @Ethan_Mcfly
    @Ethan_Mcfly Місяць тому

    I just buy for now cause I'm making 0.1 profit a day mining it. And... I don't have to deal with heat

  • @geemogul2149
    @geemogul2149 11 днів тому

    Shit must be bad out here

  • @TheMiningCabinet
    @TheMiningCabinet Місяць тому +1

    I fell for the clickbait title. Lol

  • @Quickcat21MK
    @Quickcat21MK 11 днів тому

    You look like your using drugs. They have places you can go an get help dude. All my friends I grew up with are no longer here. Wish you well. I have no other way to say this. Get help. Its totally do able. Your the one who helped me tune my windows with all your tutorials on that operating system. Lets go man. Lets go.

  • @moneytree5780
    @moneytree5780 Місяць тому

    Bro got more healthier.

  • @MrThebigcheese123
    @MrThebigcheese123 Місяць тому

    Jesus Christ. You ok man? If this is what mining does to a man. I am glad that I set up my Micro Electronics repair business 3 years ago instead. We have two apprentices now and a genuine customer base who want to support us. The world of Crypto is a joke. I made about £800 mining Ethereum during its peak and decided to get out with a small profit. Not worth the stress at all.

  • @Van-Tamme
    @Van-Tamme Місяць тому

    1 day and so long beard already lol?

  • @MaxMustermann-yj1wz
    @MaxMustermann-yj1wz Місяць тому

    Ethereum is gone,there are only shitcoins to mine