It's 2024 and you're a Crypto Miner, Now What?!

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  • Опубликовано: 30 июн 2024
  • In today's video we sit down with Fellow Crypto Miner, Content Creator and Entrepreneur @YourFriendAndy to discuss It's 2024 and your a Crypto Miner, Now What?! So you have been Crypto Mining for sometime now and accumulated several GPU Mining Rigs, maybe a few Home Box Miners and maybe even a Bitmain Antminer Bitcoin Miner. But Now What? You have been HODLING your CryptoCurrency Bags but Whats your Next Step? When do you take Profits and Sell some Crypto? When do you Sell some of your Older Crypto Mining Hardware? Let's discuss with Andy!
    Where to Find YOUR FRIEND ANDY
    🔗Follow Your Friend Andy on Twitter ➡ / ohhaiandy
    🔗Subscribe to Your Friend Andy on RUclips ➡ / @yourfriendandy
    📺 Part 1 in this New Serious - I Want to be a Crypto Miner ➡ • Before you Start Crypt...
    ⭐Learn More About BlockOps Mining Farm Facility, Hosting & Purchasing ASIC Miners
    🔗BlockOps Mining Website ➡ geni.us/blockopsmining
    🔗BlockOps Mining Twitter Account ➡ / blockopsmining
    💰If you Reachout, Tell them "The Hobbyist Miner" Sent You!
    ⭐Interested in Stepping into the Bitcoin Industry? Look No Further than Quantum Expeditions! Learn More about their Project ➡ geni.us/QuantumExpeditions
    ----------
    𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝟏 𝐨𝐧 𝟏 𝐇𝐞𝐥𝐩 𝐟𝐫𝐨𝐦 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫?
    📆Schedule Time with The Hobbyist Miner ➡ thehobbyistminer.io/
    ⛏ New to Crypto Mining, Need Hand Holding?
    ⛏ Not Sure What to Buy for your First Mining Rig?
    ⛏ Need Help Configuring your FIrst GPU Mining RIg?
    ⛏ Looking for Help Setting Up an ASIC Miner?
    ⛏ Need Help Launching your New RUclips Channel?
    𝐌𝐲 𝐓𝐨𝐩 𝐆𝐏𝐔 𝐏𝐢𝐜𝐤𝐬 𝐟𝐨𝐫 𝐌𝐢𝐧𝐢𝐧𝐠 𝐢𝐧 𝟐𝟎𝟐𝟒:
    🛒PowerColor Hellhound RX6600 ➡ geni.us/HellHoundRX660
    🛒XFX Speedster RX6600XT ➡ geni.us/6600XT
    🛒MSI Geforce RTX 3060 ➡ geni.us/MSIRTX3060
    🛒Gigabyte Eagle Geforce RTX 3070 ➡ geni.us/GigabyteRTX3070Eagle
    𝐅𝐨𝐥𝐥𝐨𝐰 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫 𝐨𝐧 𝐒𝐨𝐜𝐢𝐚𝐥:
    ✅Twitter - / hobbyistminer
    𝐉𝐨𝐢𝐧 𝐓𝐡𝐞𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭𝐌𝐢𝐧𝐞𝐫 𝐃𝐢𝐬𝐜𝐨𝐫𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐓𝐚𝐥𝐤 𝐀𝐋𝐋 𝐀𝐛𝐨𝐮𝐭 𝐌𝐢𝐧𝐢𝐧𝐠!
    ✅Discord - / discord
    ✉ 𝐄𝐦𝐚𝐢𝐥 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 - TheHobbyistMiner@Gmail.com
    ----------
    📺Video Chapters and Thumbnail:
    00:00 So Your a Crypto Miner, Now What?!
    01:15 When is the Best Time to Take Profits on your Crypto?
    04:00 What Projects have I Sold in the Last Year for Big Profits?
    05:45 Why is it Important to Keep a Moon Bag of Crypto?
    08:00 Don't Take Risk's you Can't Afford with Crypto and Hardware
    10:20 When should you Invest in Expanding your Mining Farm?
    12:50 What was the Last Mining Hardware Purchase and Why?
    14:30 Be Careful Buying Older Previous Generation Hardware
    17:00 The Kaspa Mining Hardware is Risky but Very Profitable!
    18:45 When is a Good Time to Sell your Crypto Mining Hardware?
    22:00 Make a Plan and Stick to It!
    #bitcoin #crypto #cryptomining
    𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an "Expert", I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.
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Комментарии • 34

  • @YourFriendAndy
    @YourFriendAndy Месяц назад +6

    Always a great time chatting mining with you Hobbyist!

  • @LiveFree-ij3hn
    @LiveFree-ij3hn Месяц назад +1

    For someone like myself, who built a 4GPU miner I think in 2020, and although small made some money but right now, there is an information overload. Any investment in anything is risky but when you are bombarded with new hardware coming weekly, video on how you made 100K mining X coin, honestly I feel the real people making money are the mining manufacturers, and limited few of miners who have established themselves early and its paid off and have a business mentality. For newer miners its like throwing the line into the water and hoping for the big one, sporadically mining different coins because its the flavor of the week etc.. That is how it feels to me anyway, unless you are able to really invest in efficient higher mining capable equipment, you may never really make a true profit and again its mining at the right time in the right place.

    • @LiveFree-ij3hn
      @LiveFree-ij3hn 17 дней назад

      @@glossyfpv1155 Thank you, appreciate it.

  • @TimothyDSwieter
    @TimothyDSwieter Месяц назад

    Thank you. Good discussion.

  • @toddpeterson5904
    @toddpeterson5904 Месяц назад

    Love that you talked about when to sell your hardware. Usually videos just focus on what to buy at any moment in time. When to sell your hardware can be just as important, particularly if you're in a bear market or beginning of a bull market

  • @meroxd6532
    @meroxd6532 Месяц назад

    Thanks 👍❤️

  • @BitByBitMining
    @BitByBitMining Месяц назад

    Great tips

  • @GreaterGoodMining
    @GreaterGoodMining Месяц назад

    Great video guys! Im planning to DCA out starting in 2025, and sell hardware mid 2025. Trying to keep emotion completely out of it, but its hard to do 😮

  • @ryanlewis3581
    @ryanlewis3581 Месяц назад

    For the next video can you talk about finding, researching, and knowing what is the best firmware to use. Manufacturers vs custom. Knowing dev fees etc.

  • @DCFNETWORKS
    @DCFNETWORKS Месяц назад +1

    Thank you brothers ✝️🙏

  • @boombap4197
    @boombap4197 Месяц назад +1

    Such a good video

  • @garykostelec1327
    @garykostelec1327 Месяц назад

    My best early project pick was Helium Mobile. Fantastic...

  • @GeekMatrix-jz3yy
    @GeekMatrix-jz3yy Месяц назад

    hey sorry to ask but any chance you have some mining gear that you don't want or use as i am new to mining and am trying to find gear but it cost SOOO much it make it hard to get, understand if not jus thought would reach out to u and ask ...P.S love the videos bro u have taught me soo much from watching you

  • @redfoxrf2623
    @redfoxrf2623 Месяц назад

    hello i want to ask a question is zeus miner company is trusted for the service etc?

  • @fordybcoin
    @fordybcoin Месяц назад +3

    Why don't you two bring out your own podcast that would be really interesting.the hobbyist & Andy podcast

    • @TheHobbyistMiner
      @TheHobbyistMiner  Месяц назад

      Oh man ... that is a thought.

    • @fordybcoin
      @fordybcoin Месяц назад

      @@TheHobbyistMiner I know I will be really interested in it and I'm thinking all the newbies will be .lol what am i saying I'm still a newbie.lol have a great day hobbyist

    • @kylergrimes6048
      @kylergrimes6048 Месяц назад +1

      The Coin Talk?

  • @garykostelec1327
    @garykostelec1327 Месяц назад

    Depin is where it is at for low power mining. BTC Asic miners are so expensive to run and buy. GPUs are almost dead for mining profits.

  • @strahinjapopovic9597
    @strahinjapopovic9597 Месяц назад

    I follow your channel, you make great clips. Please, if you can insert the title in Serbian, Croatian anyway

  • @VOTEFORHSHADOWS
    @VOTEFORHSHADOWS Месяц назад

    I need help before I punt my KS0 pro to the moon! I keep getting abnormal hash rate and fan speed and I can’t get it to stop!

  • @joshclark121987
    @joshclark121987 Месяц назад

    Stacking my mining profits into osmium nodes for the rest of the year

    • @TheHobbyistMiner
      @TheHobbyistMiner  Месяц назад

      I am not familiar with OSMIUM

    • @joshclark121987
      @joshclark121987 Месяц назад

      @@TheHobbyistMiner new coin that launched 5 weeks ago. Only found out about it because of Inodez

  • @CamRice-pe5fm
    @CamRice-pe5fm Месяц назад

    Do we think sedracoin will moon?

  • @savagegod1
    @savagegod1 Месяц назад +1

    @The Hobbyist Miner
    you never answered my question

    • @TheHobbyistMiner
      @TheHobbyistMiner  Месяц назад +1

      You never asked a question lol

    • @savagegod1
      @savagegod1 Месяц назад +1

      @@TheHobbyistMiner i literally asked you in another video you did with Andy

    • @savagegod1
      @savagegod1 Месяц назад +1

      @@TheHobbyistMiner this is the question
      oh okay I see now
      so like I’ve 4 s19k pro with muskminers at this moment
      If I get 16 more
      all together it will be 2400/th
      I understand the s21 or s21 pros are great but are very pricey for me
      if I don’t buy the 16 s19k pro and buy the s21
      I can only get 6 and it will be 1200/th so it’s better for me to get the 16 s19k that will give me 2400/th right

  • @blackfiree91
    @blackfiree91 26 дней назад

    Lol Andy. Flux is a scam. AWS doesn’t have competition.