Another great vid from our boi, I started with one GPU about the time you started building out your OG shed, and I'm just now getting into full size Asics, so happy to have watched your journey and evolution
great channel. at last someone who tells it like it is. Im new to all this and still trying to asses if its even worth starting. so many channels claiming ridiculous daily profits. Im still not sure if i should even start lol
Bitmain warranty is a joke!!! All they have to do is deem it non repairable and they scrap it and void the warranty… you are left having to fight to get it replaced which is very time consuming.
Dipping my toe into this pool... I have a large solar credit with my utility and this looks like a good way to "burn" it off while generating some passive income. Just started my research into and your channel is a great help. Still so much more to learn before getting started. Thanks...
Hey. I am wondering what is bel assets. I not sure how I got it and not sure how cash it out? If u have any information on it, it would help me out a lot.
Hi Vosk, Been watching your channel for about three or four years, thanks for the great information and wisdom regarding crypto mining, I still have my helium miner going, given it’s done a 4-6x from that horrible bottom, have you revisited HNT, you used to have a truckload of them, are you still going with them? Cheers from Downunder
Glad to hear your Helium miner is doing well. I’ve moved away from HNT a bit since the market’s been unpredictable. With mining getting more competitive, I’m leaning more towards staking now - it’s lower risk and still offers good returns without the hardware hassle. If you’re interested, I can send over some info on staking for more insight. Cheers!
I have an idea about heat management. Instead of powering air conditioning units how about.. Dig a hole say about ten feet down or perhaps use a building with a good deep basement.. You know the temperature of the ground when you get down there stays at about 54 degrees all the time right? Now you run a couple hundred feet of metal electrical conduit or say a spool of it. You could also use regular HVAC venting ducts. It doesn't have to be in any particular configuration. Ideally it should be a large diameter or you could run several spools in parallel. Get a high powered blower. Force a ton of air through there continuously and that should transfer the ambient atmospheric heat into the ground and produce continuous high volume 54 degree air coming up into your operation. Better yet run your whole operation ten feet underground. But the idea is you only have to power a blower, not a compressor as is required with air conditioning. So on a hot day it might be 95 degrees outside but in your operation room it could be much hotter. Draw your air from whatever the atmosphere is at.. run it through the ground coil(s) and out through your operation. I think it would draw a lot less power. You just need a long line of heat exchanging conduit and as I said it doesn't have to be strung out in a line you can leave it in a more compact spool. ..
That’s a great idea! Using the earth's natural temperature as a heat sink is a smart, low-energy approach. The concept of a ground loop system, similar to geothermal cooling, can indeed be very effective. By running air through underground pipes or ducts, you're essentially using the stable 54°F temperature of the ground to cool your air. The blower only needs to power air movement, not refrigeration, which means much lower energy consumption. The key here would be ensuring good airflow through the coils, and possibly insulating the pipes to maintain efficiency. If you have access to an area with a deep basement or can dig, this could be a cost-effective cooling solution for mining operations or any heat-intensive activity. And if you expand this setup with a series of ducts or coils, you could manage high heat loads with minimal power usage. Definitely a more sustainable approach than traditional AC units. If you need any more info on how to optimize this setup, feel free to ask!
We have solar on our farm producing an average megawatt per month. This led me to consider if that is a competitive advantage for mining. The power isn’t free though. Putting aside the breakeven on installation, the watts have value in the market. We are grid tied so there is a net meter. Excess power provides a yearly settlement payment with the utility. They pay less than the 10 cents or so that they charge here but it’s more than zero. So there is an opportunity cost for that solar electricity. I’m looking at returns for mining versus selling that power.
Having solar power is definitely a big advantage for mining, especially if you're offsetting electricity costs. However, with mining competition intensifying, it’s worth considering staking as a more stable option. It requires no hardware or energy costs, and you can still earn good returns without worrying about maintenance or energy prices fluctuating. If you’d like, I can send over some info on staking to help you weigh your options better. Let me know!
Starting out, I’d recommend looking into energy-efficient ASIC miners for coins like Dogecoin or Litecoin, since they’re easier to set up. But honestly, with mining getting so competitive, staking might be a smarter move. It’s less risk, no hardware to manage, and still offers solid returns. If you want, I can send over some materials on staking to give you a better idea. Let me know!
Starting with a low budget, I’d recommend focusing on more energy-efficient miners, like ASICs for specific coins (e.g., Dogecoin or Litecoin), or even considering a smaller GPU setup for flexibility. But honestly, with how competitive mining is now, staking might be a better option. It’s lower risk, no hardware hassle, and can yield solid returns with less upfront cost. If you want, I can send over some info on staking to help you get started. Just let me know!
10% a year for any business is great. Global car manufacturers are only doing about 6%. I'm genuinely jealous. The more you learn on your mining adventure, the better you should be able to get those returns up and of course if Bitcoin moons, you'll be miles ahead. Happy for your journey, wishing you every success!
You’re right, the more you learn, the better your returns will be. But with the mining competition getting tougher and costs rising, staking is actually a better option now. It’s more consistent, no hardware issues, and still offers solid returns without the risk and hassle of mining. I can send over some materials on staking if you're interested - it could be a game changer!
For beginners, I’d recommend starting with an ASIC miner for a more stable coin like Dogecoin or Litecoin - they’re easier to set up and more efficient. But honestly, with mining getting more competitive, staking is becoming a better option. It’s low-risk, no hardware to manage, and still offers solid returns. I can send over some materials on staking if you want to explore it further! Let me know!
That's not true. Anything that alters a building's electrical system requires a permit. If there are structures holding the solar panels, it requires a permit. If there are batteries over 1kWh, a permit is required. If you have unpermitted structures and changes, then any insurance carriers will not honor their policies, so insuring it is impossible. The cost of a permit is cheap compared to the cost of no insurance.
@@gemrough🤔He missed the "off grid" point that it would be independent of the grid. Vosk being semi rural there are plenty of uses where the hurdles of connecting a barn or detached garage legally it would be cheaper to "off grid it"
@@ToddDesiato This is why, if you are a builder or producer, it is crucial to carefully consider where you choose to live. There are still unincorporated areas in the country where an individual can live freely without being subject to extensive government regulation. In these places, you do not need to seek permission from authorities to build on your own land. I understand the insurance issue however in my area there are no permits other than septic, if the insurance company covers the structure they will pay losses, I'm sure there are limits to this...😂 “When you see that in order to produce, you need to obtain permission from men who produce nothing - When you see that money is flowing to those who deal, not in goods, but in favors - When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you - When you see corruption being rewarded and honesty becoming a self-sacrifice - You may know that your society is doomed.” Ayn Rand
The market can be great but extremely cyclical. If you get in during the bear market chances are you'll do fine. You get in during the bull market chances are your daily revenue goes down by 90%, and maybe you make money in the next cycle
thats not true there is a certain amount of doge that is minable every year. yes its in the billions but it gets smaller. dogecoin is ironically the best crypto and money
A friend of mine owes around $200,000 in unpaid electric fees due to mining, I wouldn't like to be in his shoes when the electric company catch up with him..
If you cant get +/- 20 day ROI on a miner then it's not worth it. The high cost of asics is going to have a negative impact on the smaller coins futures.
You're right, if the ROI isn't within 20 days, it's tough to justify the high cost of ASICs. With mining becoming more competitive, it's harder to get good returns. Staking is becoming a more viable option now - less hassle, no big hardware investment, and still solid returns. I can send over some materials on staking to help you understand it better if you want. Let me know!
well i do want to start it too and the way i think i will try it will be with a miner in the range of 2k $ ( mi adavantage is i dont pay for electric energy - big solar sistem ) if it does not work , for me it will be like the fact that i will not think enimore about ''what if i tryed that ?'' and only a loss of only 2 or 3 k $ .... call me stupid but that is what i think ..... if it works then i will go bigger do , just like every human should be , i am a greedy bastard :D
These mining channels pi$$ me off. None of these jackwagon toutubers ever tell you that mining anything Except solo mining requires a buisness license. I'm just thankful I figured that out before it was too late. I see alot of people asking "what should I buy first?" A buisness license.
With free power, $100 Bitcoin miners won’t be competitive due to increasing difficulty. Staking is a better option now-offering steady returns with lower risk and no hardware maintenance. Consider staking coins like Ethereum for a more profitable, hassle-free approach.
Quite the opposite! Trump made me some money😂😂😂 I asked others, so what did Trumps win do for you??? They said, crickets😂 I said well, its not about Trump or Biden or whoever it is. Its about how you play the market🎉🎉🎉
Another great vid from our boi, I started with one GPU about the time you started building out your OG shed, and I'm just now getting into full size Asics, so happy to have watched your journey and evolution
great channel. at last someone who tells it like it is. Im new to all this and still trying to asses if its even worth starting. so many channels claiming ridiculous daily profits. Im still not sure if i should even start lol
Depending on machine’s specs and hash rate calculate profit from there w a calc. Nice machines are more efficient pay more but are a big down payment
I’m late on this one - Happy Birthday, Tails! 🎉🎁
I've become addicted to this channel! Keep it up Vosky!
hey mate I'm thinking of making a start in mining I'm in Australia I've found your content really helpful that heaps mate
Bitmain warranty is a joke!!! All they have to do is deem it non repairable and they scrap it and void the warranty… you are left having to fight to get it replaced which is very time consuming.
Solution to your heat problem, move to Antarctica and run off wind power. Greenland might be viable option to 😁
you try and then let me know if it works lol
Happy Birthday Tails !!
Dipping my toe into this pool... I have a large solar credit with my utility and this looks like a good way to "burn" it off while generating some passive income. Just started my research into and your channel is a great help. Still so much more to learn before getting started. Thanks...
Hey. I am wondering what is bel assets. I not sure how I got it and not sure how cash it out? If u have any information on it, it would help me out a lot.
On tele
Hi Vosk,
Been watching your channel for about three or four years, thanks for the great information and wisdom regarding crypto mining, I still have my helium miner going, given it’s done a 4-6x from that horrible bottom, have you revisited HNT, you used to have a truckload of them, are you still going with them?
Cheers from Downunder
Glad to hear your Helium miner is doing well. I’ve moved away from HNT a bit since the market’s been unpredictable. With mining getting more competitive, I’m leaning more towards staking now - it’s lower risk and still offers good returns without the hardware hassle.
If you’re interested, I can send over some info on staking for more insight. Cheers!
BTC & Other coins profit / loss video would be interesting
Thanks for the insight.
I have an idea about heat management. Instead of powering air conditioning units how about.. Dig a hole say about ten feet down or perhaps use a building with a good deep basement.. You know the temperature of the ground when you get down there stays at about 54 degrees all the time right?
Now you run a couple hundred feet of metal electrical conduit or say a spool of it. You could also use regular HVAC venting ducts. It doesn't have to be in any particular configuration. Ideally it should be a large diameter or you could run several spools in parallel. Get a high powered blower. Force a ton of air through there continuously and that should transfer the ambient atmospheric heat into the ground and produce continuous high volume 54 degree air coming up into your operation. Better yet run your whole operation ten feet underground. But the idea is you only have to power a blower, not a compressor as is required with air conditioning.
So on a hot day it might be 95 degrees outside but in your operation room it could be much hotter. Draw your air from whatever the atmosphere is at.. run it through the ground coil(s) and out through your operation.
I think it would draw a lot less power. You just need a long line of heat exchanging conduit and as I said it doesn't have to be strung out in a line you can leave it in a more compact spool.
..
Def a good concept. Call it forced air geothermal lol
Liquid geothermal is much better than air at transferring heat from one area to another.
That’s a great idea! Using the earth's natural temperature as a heat sink is a smart, low-energy approach. The concept of a ground loop system, similar to geothermal cooling, can indeed be very effective. By running air through underground pipes or ducts, you're essentially using the stable 54°F temperature of the ground to cool your air. The blower only needs to power air movement, not refrigeration, which means much lower energy consumption.
The key here would be ensuring good airflow through the coils, and possibly insulating the pipes to maintain efficiency. If you have access to an area with a deep basement or can dig, this could be a cost-effective cooling solution for mining operations or any heat-intensive activity. And if you expand this setup with a series of ducts or coils, you could manage high heat loads with minimal power usage.
Definitely a more sustainable approach than traditional AC units. If you need any more info on how to optimize this setup, feel free to ask!
The price and the demand... they can keep raising until they can't and drop like a rock.
"dogecoin is literally the opposite"
do you consider gold scarce?
Why would anyone want something less scarce like dodge? Love ghe channel btw, just biught the mini gamma one
Love this guy. Thank you.
Appreciate ya ty
I can get old working gpu by free is it a good idea to start mining with it ?
Yes!!! How do you get them for free? I can help you figure it out if I could buy some off of you for cheap lmk!!
Also are they 4 gb 8gb?
We have solar on our farm producing an average megawatt per month. This led me to consider if that is a competitive advantage for mining. The power isn’t free though. Putting aside the breakeven on installation, the watts have value in the market. We are grid tied so there is a net meter. Excess power provides a yearly settlement payment with the utility. They pay less than the 10 cents or so that they charge here but it’s more than zero. So there is an opportunity cost for that solar electricity. I’m looking at returns for mining versus selling that power.
Having solar power is definitely a big advantage for mining, especially if you're offsetting electricity costs. However, with mining competition intensifying, it’s worth considering staking as a more stable option. It requires no hardware or energy costs, and you can still earn good returns without worrying about maintenance or energy prices fluctuating.
If you’d like, I can send over some info on staking to help you weigh your options better. Let me know!
It always helps to know how to make your own electricity !
..
What do you do with miners you no longer use?
Hey i would like to start mining, but i dont know what miners to buy and how i set the stuff up. any suggestion on a miner?
Starting out, I’d recommend looking into energy-efficient ASIC miners for coins like Dogecoin or Litecoin, since they’re easier to set up. But honestly, with mining getting so competitive, staking might be a smarter move. It’s less risk, no hardware to manage, and still offers solid returns.
If you want, I can send over some materials on staking to give you a better idea. Let me know!
@@GeorgeMMKplease share more info on staking
@@GeorgeMMKcan you share your staking information?
Any new tokens you have your eyes on for potential future projects?
How do you do your taxes?
He DOES NOT! Didnt you listen? He does not cash out any of the crypto he mines.
LEARN TO HODL MY BRUHV
NO TAXES TO DO WHEN HODLING!
I think you have to Sell some of your Coins to keep the Business Running and Pay your bills! In this Dimension its a Business so you Pay Taxes anyway
If someone would like to start now mining what would you suggest him to buy?If he has a low budget?
Starting with a low budget, I’d recommend focusing on more energy-efficient miners, like ASICs for specific coins (e.g., Dogecoin or Litecoin), or even considering a smaller GPU setup for flexibility. But honestly, with how competitive mining is now, staking might be a better option. It’s lower risk, no hardware hassle, and can yield solid returns with less upfront cost.
If you want, I can send over some info on staking to help you get started. Just let me know!
@@GeorgeMMKhey i'd be interested in more info on stacking
10% a year for any business is great. Global car manufacturers are only doing about 6%. I'm genuinely jealous. The more you learn on your mining adventure, the better you should be able to get those returns up and of course if Bitcoin moons, you'll be miles ahead. Happy for your journey, wishing you every success!
You’re right, the more you learn, the better your returns will be. But with the mining competition getting tougher and costs rising, staking is actually a better option now. It’s more consistent, no hardware issues, and still offers solid returns without the risk and hassle of mining.
I can send over some materials on staking if you're interested - it could be a game changer!
Thank you and blessings ✝️
Which one mine are you recommend for the beginning?
For beginners, I’d recommend starting with an ASIC miner for a more stable coin like Dogecoin or Litecoin - they’re easier to set up and more efficient. But honestly, with mining getting more competitive, staking is becoming a better option. It’s low-risk, no hardware to manage, and still offers solid returns.
I can send over some materials on staking if you want to explore it further! Let me know!
Don't need permits if its not tied to the grid and if you already ordered panels sitting doing nothing, why not?
That's not true. Anything that alters a building's electrical system requires a permit. If there are structures holding the solar panels, it requires a permit. If there are batteries over 1kWh, a permit is required. If you have unpermitted structures and changes, then any insurance carriers will not honor their policies, so insuring it is impossible. The cost of a permit is cheap compared to the cost of no insurance.
@@ToddDesiatocost of no insurance… not a cost but a savings!!! Yea you are at risk of losing if you have a loss…. Thats called life!
@@gemrough🤔He missed the "off grid" point that it would be independent of the grid. Vosk being semi rural there are plenty of uses where the hurdles of connecting a barn or detached garage legally it would be cheaper to "off grid it"
@@ToddDesiato This is why, if you are a builder or producer, it is crucial to carefully consider where you choose to live. There are still unincorporated areas in the country where an individual can live freely without being subject to extensive government regulation. In these places, you do not need to seek permission from authorities to build on your own land. I understand the insurance issue however in my area there are no permits other than septic, if the insurance company covers the structure they will pay losses, I'm sure there are limits to this...😂
“When you see that in order to produce, you need to obtain permission from men who produce nothing - When you see that money is flowing to those who deal, not in goods, but in favors - When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you - When you see corruption being rewarded and honesty becoming a self-sacrifice - You may know that your society is doomed.” Ayn Rand
@@gemrough When you have a home and a family, risks are not something I would take with their well being.
The market can be great but extremely cyclical. If you get in during the bear market chances are you'll do fine. You get in during the bull market chances are your daily revenue goes down by 90%, and maybe you make money in the next cycle
can anyone suggest me a miner i am thinking of starting in a mid budget
Id start with one of these medium.com/voskcoin/best-bitaxe-to-buy-and-where-15d04093e34e
Thanks for sharing! I’m covering similar topics on my channel.
by the time you buy a miner and it reach you . is already half profit .
I am so discouraged to start mining project
it's not for everyone
You can do it !
On tele 🎉🎉🎉🎉
The creator of Bitcoin is known by the pseudonym Satoshi Nakamoto.
I'm a 21 year old Kenyan. Id really want to start mining. Can anyone please help me
Sure I can help you. My uncle is a professional Bitcoin miner! He’s a very wealthy man trust me. Lol
Excellent how much money you have to invest. People always helps just we need more information
thats not true there is a certain amount of doge that is minable every year. yes its in the billions but it gets smaller. dogecoin is ironically the best crypto and money
Hi anyone i am thinking about getting into mining. Can someone please help me get started and help me understand this
Tails 💕💕
A friend of mine owes around $200,000 in unpaid electric fees due to mining, I wouldn't like to be in his shoes when the electric company catch up with him..
he should have just paid his bills like I do lol
If you cant get +/- 20 day ROI on a miner then it's not worth it. The high cost of asics is going to have a negative impact on the smaller coins futures.
You're right, if the ROI isn't within 20 days, it's tough to justify the high cost of ASICs. With mining becoming more competitive, it's harder to get good returns. Staking is becoming a more viable option now - less hassle, no big hardware investment, and still solid returns.
I can send over some materials on staking to help you understand it better if you want. Let me know!
tails is nine, nice
Homie never talks about monero
real moneros move in silence like lasagna
he will never knew
I prefer big blocks, BCH 🤘
well i do want to start it too and the way i think i will try it will be with a miner in the range of 2k $ ( mi adavantage is i dont pay for electric energy - big solar sistem ) if it does not work , for me it will be like the fact that i will not think enimore about ''what if i tryed that ?'' and only a loss of only 2 or 3 k $ .... call me stupid but that is what i think ..... if it works then i will go bigger do , just like every human should be , i am a greedy bastard :D
These mining channels pi$$ me off. None of these jackwagon toutubers ever tell you that mining anything Except solo mining requires a buisness license. I'm just thankful I figured that out before it was too late. I see alot of people asking "what should I buy first?" A buisness license.
@worldwideimpeach does that include merge mining and minimg coins from nodes?
And he just one miners there millions of him punching the same numbers trillions of guesses
👍
I have free power…. Any $100 Bitcoin miners that are good? I don’t care about profit, just wanna mine.
With free power, $100 Bitcoin miners won’t be competitive due to increasing difficulty. Staking is a better option now-offering steady returns with lower risk and no hardware maintenance. Consider staking coins like Ethereum for a more profitable, hassle-free approach.
We will get wrecked when Trumps Tariffs gets into effect😂😂😂
You sound like you cried to yourself in the mirror on election night........
Quite the opposite! Trump made me some money😂😂😂 I asked others, so what did Trumps win do for you??? They said, crickets😂 I said well, its not about Trump or Biden or whoever it is. Its about how you play the market🎉🎉🎉
What's up with the SEALMINER A2 BitDeer
What do you do with miners you no longer use?