I feel like giving up on Bitcoin Mining

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  • Опубликовано: 4 янв 2025

Комментарии • 107

  • @NerdThingsAndMore
    @NerdThingsAndMore Месяц назад +20

    The electric company is the winner here

    • @gemrough
      @gemrough Месяц назад +3

      Nope Bitmain is the winner!!!

  • @davidraborn3654
    @davidraborn3654 Месяц назад +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.

  • @Chuck8541
    @Chuck8541 Месяц назад +1

    Keep moving forward. 🙌

  • @chrisseeley1677
    @chrisseeley1677 Месяц назад +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

  • @Inobex
    @Inobex Месяц назад +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

  • @Finnn66
    @Finnn66 Месяц назад +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!

  • @ronwatkins5775
    @ronwatkins5775 Месяц назад +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 Месяц назад

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

  • @BRIANVANDUYN
    @BRIANVANDUYN Месяц назад +1

    Dude that’s a badass farm !

  • @richardmorris8745
    @richardmorris8745 Месяц назад +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.

  • @pole6840
    @pole6840 Месяц назад +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.

  • @heavymetalchef5132
    @heavymetalchef5132 Месяц назад

    Awesome video Brother

  • @NerdThingsAndMore
    @NerdThingsAndMore Месяц назад +4

    Wow hit us with the robberhood too

  • @besiangashi
    @besiangashi Месяц назад +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 😁

  • @BenHerrera-v2y
    @BenHerrera-v2y Месяц назад +1

    Never give up brother!😮

  • @trijenhout
    @trijenhout Месяц назад +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????

  • @juanmagm
    @juanmagm Месяц назад

    Your work is inspiring bro, thnx a lot!

  • @CryptoVC1186
    @CryptoVC1186 Месяц назад +5

    😂 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

  • @BTCNest
    @BTCNest Месяц назад

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

  • @thetoxicminer6854
    @thetoxicminer6854 Месяц назад +1

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

  • @jagjohn2000
    @jagjohn2000 Месяц назад

    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.

  • @ChristopherGeneva
    @ChristopherGeneva Месяц назад +4

    was this recorded before the election?!

  • @Beeterfish
    @Beeterfish Месяц назад +1

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

  • @rayspeers11
    @rayspeers11 Месяц назад +3

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

  • @Eratas1
    @Eratas1 Месяц назад +1

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

  • @derek2593
    @derek2593 Месяц назад +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.

  • @danbulmer
    @danbulmer Месяц назад +1

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

  • @mattsaylor6616
    @mattsaylor6616 Месяц назад

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

  • @sankofawealth9139
    @sankofawealth9139 Месяц назад +2

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

    • @Michealsmace
      @Michealsmace Месяц назад

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

    • @Michealsmace
      @Michealsmace Месяц назад

      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 Месяц назад

      Get him on

    • @yuruyuss_75
      @yuruyuss_75 Месяц назад

      We are seeking angel funding for our project

    • @Michealsmace
      @Michealsmace Месяц назад

      Jason_lezz
      That's his use r I D

  • @K-JAM
    @K-JAM Месяц назад

    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! 🔥 💯🔥

  • @KaySwiss21
    @KaySwiss21 Месяц назад +2

    Time to pack it up

    • @VoskCoin
      @VoskCoin  Месяц назад +1

      4 & 1 they give me the ball

  • @calvinl6686
    @calvinl6686 Месяц назад +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.

  • @pisicanera
    @pisicanera Месяц назад +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 Месяц назад

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

  • @minibikelarry
    @minibikelarry Месяц назад +2

    Breh just buy & hold btc

  • @CoinNest-f1g
    @CoinNest-f1g Месяц назад

    Bitcoin is often called "digital gold."

  • @TerranDiablo
    @TerranDiablo Месяц назад +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 😊

  • @SHAQTOSHIHOTEP
    @SHAQTOSHIHOTEP Месяц назад +1

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

  • @sang3Eta
    @sang3Eta Месяц назад +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 Месяц назад +2

    The fact that you havent gone to Doge coin yet smh

  • @mrhawthorne863
    @mrhawthorne863 Месяц назад +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

  • @andrewmartin8410
    @andrewmartin8410 Месяц назад +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!

  • @americaclean4117
    @americaclean4117 Месяц назад

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

  • @MyThirstForThee
    @MyThirstForThee Месяц назад +1

    My pet would totally approve of this coin

  • @almac8840
    @almac8840 Месяц назад

    Most expensive lottery ticket ever

  • @naturesinstinct2229
    @naturesinstinct2229 Месяц назад +1

    Only 29 more Halvings to go. 🎉

  • @subhashazra5175
    @subhashazra5175 Месяц назад +1

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

  • @bryanroblero-mendez9164
    @bryanroblero-mendez9164 Месяц назад +2

    Dammmmmmmm

  • @Michealsmace
    @Michealsmace Месяц назад +1

    Hii

  • @captainhappy
    @captainhappy Месяц назад +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 :-)

  • @DavidDurallthethird
    @DavidDurallthethird Месяц назад +1

    You've got the worst cable management ever.

  • @AdamDahdah.
    @AdamDahdah. Месяц назад +3

    Ok start a solo mining for one month lol

  • @abhayeducation3732
    @abhayeducation3732 Месяц назад +1

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

  • @Bitcoinvalor
    @Bitcoinvalor Месяц назад +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.

  • @GraydonGranata
    @GraydonGranata Месяц назад

    I bet the tune of this video changed per that near 100k ;)

  • @dragonballzpop
    @dragonballzpop Месяц назад +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.

  • @nilisansobrezzy2797
    @nilisansobrezzy2797 Месяц назад

    Bro look into solar

  • @Mr.cold.as.ice.
    @Mr.cold.as.ice. Месяц назад +1

    Kaspa is loading !

  • @ToddDesiato
    @ToddDesiato Месяц назад +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!

  • @marcusroark9197
    @marcusroark9197 Месяц назад +1

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

  • @ThaliaTorres-bt6wu
    @ThaliaTorres-bt6wu Месяц назад

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

  • @caragramgoogleweb3.023
    @caragramgoogleweb3.023 Месяц назад

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

  • @dazetwenty346
    @dazetwenty346 Месяц назад +3

    you need to farm the sun ,son

    • @VoskCoin
      @VoskCoin  Месяц назад +2

      I think you’re onto something 🌞

  • @FF__GOD__360
    @FF__GOD__360 Месяц назад

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

  • @CaesarBero
    @CaesarBero Месяц назад

    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 Месяц назад

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

    • @VoskCoin
      @VoskCoin  Месяц назад +1

      I ordered solar

  • @all4bitcoin
    @all4bitcoin Месяц назад +1

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

  • @bugoutbuds8744
    @bugoutbuds8744 Месяц назад +1

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

    • @richardmorris8745
      @richardmorris8745 Месяц назад +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 Месяц назад

      ​@@richardmorris8745how will the network operate without miners?

  • @karishmaharper
    @karishmaharper Месяц назад +1

    Bought XAI98H after watching your video, super excited! 💰

  • @MrDavePed
    @MrDavePed Месяц назад

    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.

  • @oliverosbourne6776
    @oliverosbourne6776 18 дней назад

    kda kedena AMA big news
    ruclips.net/user/liveEftHf3sHce8