Assessing the Decline of Small-Scale Bitcoin Mining Profitability

Small-scale Bitcoin mining is no longer profitable for individual miners. Analyzing the latest numbers from the VoskCoin Mining Farm highlights the challenges faced by hobbyist miners today.

VoskCoin23.2K views21:50

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Small-scale Bitcoin mining isn't worth it anymore FOR YOU. Let's run through the Bitcoin mining numbers at the VoskCoin Mining Farm. Should we just have bought BTC instead? Subscribe to VoskCoin - http://voskco.in/Sub Get $50 on Margex when you sign up + $50 more when you deposit $100 - code VOSKCOIN - https://voskco.in/margex Check out Robinhood Gold - https://voskco.in/rh Get BTC or other ASIC Miners with AM - https://voskco.in/am The Bitcoin Mining game has changed since the halving. BTC Mining isn't as profitable as it used to be. Let's break down the profitability of the bitcoin miners we have running, how much they're earning, how much they cost in electricity to run, and where their breakeven point is. Are there some better mining alternatives? Should we have just bought bitcoin instead? ⏰ Timestamps ⏰ 00:00 I am losing money mining Bitcoin... 01:18 How much are my 20+ Bitcoin miners making? 05:58 How to realistically mine Bitcoin 10:42 How will the bull run affect BTC mining? 13:35 Why I'm more bullish on crypto than ever 18:07 Bitcoin mining is just not worth it VoskCoinTalk the VoskCoin forum - http://voskco.in/forum VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Discord Server Invite - http://voskco.in/discord VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/ VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make. #Cryptocurrency #Bitcoin #VoskCoin #BTCMining #BTC #PassiveIncome #CryptoMining

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Views
23.2K

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Likes
500

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Duration
21:50

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Published
Nov 8, 2024

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Quality
hd

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