I feel like giving up on Bitcoin Mining

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  • Опубліковано 23 лис 2024

КОМЕНТАРІ • 106

  • @NerdThingsAndMore
    @NerdThingsAndMore 15 днів тому +19

    The electric company is the winner here

    • @gemrough
      @gemrough 15 днів тому +3

      Nope Bitmain is the winner!!!

  • @davidraborn3654
    @davidraborn3654 15 днів тому +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.

  • @chrisseeley1677
    @chrisseeley1677 15 днів тому +3

    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

  • @ronwatkins5775
    @ronwatkins5775 15 днів тому +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 15 днів тому

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

  • @Inobex
    @Inobex 15 днів тому +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

  • @pole6840
    @pole6840 15 днів тому +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.

  • @richardmorris8745
    @richardmorris8745 15 днів тому +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.

  • @CryptoVC1186
    @CryptoVC1186 15 днів тому +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

  • @Finnn66
    @Finnn66 14 днів тому +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!

  • @trijenhout
    @trijenhout 14 днів тому +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????

  • @magnitudematrix2653
    @magnitudematrix2653 15 днів тому +2

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

  • @Chuck8541
    @Chuck8541 13 днів тому +1

    Keep moving forward. 🙌

  • @besiangashi
    @besiangashi 15 днів тому +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 😁

  • @Eratas1
    @Eratas1 15 днів тому +1

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

  • @jagjohn2000
    @jagjohn2000 13 днів тому

    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.

  • @rayspeers11
    @rayspeers11 15 днів тому +3

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

  • @mattsaylor6616
    @mattsaylor6616 13 днів тому

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

  • @BTCNest
    @BTCNest 2 дні тому

    You’re setting the bar so high with this kind of content. Trying to implement these ideas on my channel as well.

  • @TerranDiablo
    @TerranDiablo 15 днів тому +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 😊

  • @danbulmer
    @danbulmer 14 днів тому +1

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

  • @NerdThingsAndMore
    @NerdThingsAndMore 15 днів тому +4

    Wow hit us with the robberhood too

  • @pisicanera
    @pisicanera 14 днів тому +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 14 днів тому

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

  • @derek2593
    @derek2593 15 днів тому +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.

  • @BRIANVANDUYN
    @BRIANVANDUYN 14 днів тому +1

    Dude that’s a badass farm !

  • @Bitcoinvalor
    @Bitcoinvalor 15 днів тому +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.

  • @juanmagm
    @juanmagm 4 дні тому

    Your work is inspiring bro, thnx a lot!

  • @andrewmartin8410
    @andrewmartin8410 15 днів тому +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!

  • @subhashazra5175
    @subhashazra5175 14 днів тому +1

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

  • @ChristopherGeneva
    @ChristopherGeneva 15 днів тому +3

    was this recorded before the election?!

  • @mrhawthorne863
    @mrhawthorne863 15 днів тому +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

  • @minibikelarry
    @minibikelarry 15 днів тому +2

    Breh just buy & hold btc

  • @K-JAM
    @K-JAM 13 днів тому

    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! 🔥 💯🔥

  • @sankofawealth9139
    @sankofawealth9139 12 днів тому +2

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

    • @Michealsmace
      @Michealsmace 11 днів тому

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

    • @Michealsmace
      @Michealsmace 11 днів тому

      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 11 днів тому

      Get him on

    • @yuruyuss_75
      @yuruyuss_75 11 днів тому

      We are seeking angel funding for our project

    • @Michealsmace
      @Michealsmace 11 днів тому

      Jason_lezz
      That's his use r I D

  • @SHAQTOSHIHOTEP
    @SHAQTOSHIHOTEP 15 днів тому +1

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

  • @thetoxicminer6854
    @thetoxicminer6854 15 днів тому +1

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

  • @BenHerrera-v2y
    @BenHerrera-v2y 15 днів тому +1

    Never give up brother!😮

  • @Beeterfish
    @Beeterfish 15 днів тому +1

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

  • @sang3Eta
    @sang3Eta 15 днів тому +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.

  • @dragonballzpop
    @dragonballzpop 15 днів тому +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.

  • @americaclean4117
    @americaclean4117 13 днів тому

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

  • @MyThirstForThee
    @MyThirstForThee 14 днів тому +1

    My pet would totally approve of this coin

  • @abhayeducation3732
    @abhayeducation3732 14 днів тому +1

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

  • @captainhappy
    @captainhappy 15 днів тому +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 :-)

  • @silasbucur685
    @silasbucur685 15 днів тому +2

    The fact that you havent gone to Doge coin yet smh

  • @naturesinstinct2229
    @naturesinstinct2229 14 днів тому +1

    Only 29 more Halvings to go. 🎉

  • @KaySwiss21
    @KaySwiss21 15 днів тому +2

    Time to pack it up

    • @VoskCoin
      @VoskCoin  14 днів тому +1

      4 & 1 they give me the ball

  • @CoinNest-f1g
    @CoinNest-f1g 12 днів тому

    Bitcoin is often called "digital gold."

  • @marcusroark9197
    @marcusroark9197 15 днів тому +1

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

  • @AdamDahdah.
    @AdamDahdah. 15 днів тому +3

    Ok start a solo mining for one month lol

  • @almac8840
    @almac8840 11 днів тому

    Most expensive lottery ticket ever

  • @DavidDurallthethird
    @DavidDurallthethird 15 днів тому +1

    You've got the worst cable management ever.

  • @fitzgeraldjk
    @fitzgeraldjk 12 днів тому

    Dogecoin began as a joke but gained popularity fast!

  • @calvinl6686
    @calvinl6686 14 днів тому +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.

  • @ThaliaTorres-bt6wu
    @ThaliaTorres-bt6wu 13 днів тому

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

  • @caragramgoogleweb3.023
    @caragramgoogleweb3.023 13 днів тому

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

  • @nilisansobrezzy2797
    @nilisansobrezzy2797 12 днів тому

    Bro look into solar

  • @ToddDesiato
    @ToddDesiato 15 днів тому +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!

  • @bryanroblero-mendez9164
    @bryanroblero-mendez9164 15 днів тому +2

    Dammmmmmmm

  • @Mr.cold.as.ice.
    @Mr.cold.as.ice. 14 днів тому +1

    Kaspa is loading !

  • @Michealsmace
    @Michealsmace 14 днів тому +1

    Hii

  • @CaesarBero
    @CaesarBero 14 днів тому

    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 14 днів тому

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

    • @VoskCoin
      @VoskCoin  14 днів тому +1

      I ordered solar

  • @dazetwenty346
    @dazetwenty346 15 днів тому +3

    you need to farm the sun ,son

    • @VoskCoin
      @VoskCoin  14 днів тому +2

      I think you’re onto something 🌞

  • @FF__GOD__360
    @FF__GOD__360 14 днів тому

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

  • @all4bitcoin
    @all4bitcoin 15 днів тому +1

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

  • @bugoutbuds8744
    @bugoutbuds8744 15 днів тому +1

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

    • @richardmorris8745
      @richardmorris8745 15 днів тому +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 11 днів тому

      ​@@richardmorris8745how will the network operate without miners?

  • @karishmaharper
    @karishmaharper 15 днів тому +1

    Bought XAI98H after watching your video, super excited! 💰

  • @MrDavePed
    @MrDavePed 15 днів тому

    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.