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Title: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 11, 2019, 01:06:35 AM I mined cryptocurrency full-time for over a year, this is a story of my journey navigating mining cryptocurrency such as Bitcoin, Ethereum, Zcash and many more cryptocurrencies!
Subscribe to VoskCoin - http://bit.ly/VoskCoin https://www.youtube.com/watch?v=GPmmx2Efri4 https://i.imgur.com/jsXV5ZL.jpg I poured my heart into this cryptocurrency mining story video so I hope you enjoy it, and subscribe to the VoskCoin channel! I start the timeline at the beginning of 2018 and break this video up into 4 quarters (aligning with the 4 quarters of the year) and then at the end I express my thoughts on the future of cryptocurrency and especially crypto mining with a big focus on is GPU mining ever going to be profitable again? Here are some timestamps to help you navigate this full-length VoskCoin cryptocurrency video! VoskCoin Discord Server Invite - https://discord.gg/FGGmS2z Mining Rig Parts for sale on Amazon - http://geni.us/WQd7cCs 00:00 Intro to the Full-Time Miner VoskCoin Video 00:17 New VoskCoin logo / VoskCoin Rebrand 00:23 A brief recap on mining crypto over the last year 00:58 Three questions + comment your BTC addy! 01:15 Tails Vosk Health Update 02:27 I took a day off from crypto & made a car video! 02:41 Outlining the video - 4 quarters + mining outlook 02:57 Q1 + Bitcoin ATH + Mining Farm earned $500 a day 03:58 Zclassic / Bitcoin Private fork + their scam premine 04:48 Best way to operate a mining farm (profitability) 05:17 Q2 - GPU Mining Outlook is bad, profits dropping, downsize mining farm 07:51 Reduce cryptocurrency investment / risk + bias 09:34 Crypto prices down, mining profits down, mining difficulty high + worsened by Antminer Z9 Mini and Antminer E3 10:52 VoskCoin Mining Farm only earns 1 burrito a day 11:42 Electric rate increases 40% and drops BTC mining profits 12:40 Can no longer afford guacamole due to mining profits 12:48 Q4 Obelisk SC1 earns $50 a day, Siacoin forks off A3 + S11 13:36 Miss Vosk Bitmain Antminer Z9 Mini, ASIC miners have a short lifespan 14:12 Entered full speculative mining phase / mindset w/ GPU Mining 14:52 GPU mining cannot compete directly w/ ASIC mining 15:20 FPGA mining not recommended, it's centralized and classified 15:57 GPU mining is more decentralized due to HW / Gamers 16:20 Bitcoin BTC price decreases into $3000's - buy mining hardware or crypto coins 16:50 Spondoolies SPx36 makes $20 a day previously $50 a day 17:09 Mining infrastructure + how to be profitable w/ mining business -- business owner vs visionary mentality 17:40 Is it best to buy cryptocurrency/Bitcoin directly or cryptocurrency/Bitcoin mining hardware 19:38 Positive outlook on cryptocurrency and crypto mining 20:50 GPU mining outlook is positive especially w/ new GPU mineable cryptocurrencies like BEAM, Grincoin, and Ethereum moving to ProgPoW 23:12 I'll be hodling you featuring Tails Vosk VoskCoin Mining Farm Updates Playlist https://www.youtube.com/playlist?list=PL4dnwHTjcf-9ZfwzA_P4ywUzeYFGgUNrL VoskCoin Patreon - https://www.patreon.com/VoskCoin VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/ VoskCoin Official Donation Addresses BTC - 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL ETH - 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70 ZEC - t1ZoVF5t75NahSAfuwpcyHA8uzkPyocXpJZ Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: dagarair on January 11, 2019, 10:17:24 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will.
Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: romelitounknown on January 12, 2019, 01:45:59 AM I never tried setting up my own mining rig last 2018 until now but maybe later this year I would try to build mine. During year 2018 I only invested in a very successful crypto mining company like #EliteMiningInc which are now using green energy to run their miners. It's fun to see every mining company growing despite the bear market.All in all I really glad I came to be part of cryoto mining industry, it's a life changer really.
Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 13, 2019, 09:20:52 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. I hope it works out for you :D Best thing you did was a nice size build out so you’re competitive! My residential rates just can’t compete! Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: dagarair on January 13, 2019, 10:41:25 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. I hope it works out for you :D Best thing you did was a nice size build out so you’re competitive! My residential rates just can’t compete! Yeah that helps for sure. When you coming over man! Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: Metroid on January 13, 2019, 11:18:23 PM Mining is over for now, however, i do think mining will become more attractive starting this year, mid year, around august, September again. When I say attractive I mean at least $1 per gpu again after electricity bill, roi will return to around 300 days and 2020 will be around $2 - $5 per gpu again.
Also do not sell any mined coins if after September, coin prices will jump 15 to 50 times. Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: badbart on January 13, 2019, 11:32:12 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. What did you buy, I'm looking and debating between 1000 series and 2000 series. Nadia 1000 series still ok power / hash wise but in a couple years the resale value on 1000 series will be pretty low. But 2000 series looks better for ProgPow. Hard to spend money on anything right now but I have .049 power so I can run and be profitable for a while. Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: N0pr3s3n7 on January 13, 2019, 11:40:59 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. What did you buy, I'm looking and debating between 1000 series and 2000 series. Nadia 1000 series still ok power / hash wise but in a couple years the resale value on 1000 series will be pretty low. But 2000 series looks better for ProgPow. Hard to spend money on anything right now but I have .049 power so I can run and be profitable for a while. with such cheap power it doesnt matter what would you buy . If I were you I would buy everything that is 2nd hand and cheap till I run out of money. You are just printing money with such low power costs :) Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: dagarair on January 13, 2019, 11:50:09 PM 470 and above if cheap
1060 6g and above if cheap s9 = negative unless you give them to me I splurged and bought 2 x SPx36 Spondoolies 540gh Dash. They are impressive. Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 14, 2019, 02:37:04 PM 470 and above if cheap 1060 6g and above if cheap s9 = negative unless you give them to me I splurged and bought 2 x SPx36 Spondoolies 540gh Dash. They are impressive. did you end up putting them on nicehash or dash or? Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 14, 2019, 02:37:42 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. I hope it works out for you :D Best thing you did was a nice size build out so you’re competitive! My residential rates just can’t compete! Yeah that helps for sure. When you coming over man! whens a good time :D Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 14, 2019, 02:38:10 PM Mining is over for now, however, i do think mining will become more attractive starting this year, mid year, around august, September again. When I say attractive I mean at least $1 per gpu again after electricity bill, roi will return to around 300 days and 2020 will be around $2 - $5 per gpu again. Also do not sell any mined coins if after September, coin prices will jump 15 to 50 times. September 2019? & why are you so confident in that? Just past price performance? Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: dagarair on January 14, 2019, 02:50:14 PM 470 and above if cheap 1060 6g and above if cheap s9 = negative unless you give them to me I splurged and bought 2 x SPx36 Spondoolies 540gh Dash. They are impressive. did you end up putting them on nicehash or dash or? Im on dash. When crypto takes off again I think these spondoolies unit will just own the market. There is no way anyone is developing anything like this right now in this economy. Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: dagarair on January 14, 2019, 02:50:55 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. I hope it works out for you :D Best thing you did was a nice size build out so you’re competitive! My residential rates just can’t compete! Yeah that helps for sure. When you coming over man! whens a good time :D Come over next month bro, do a video and come hang for a couple days. :P Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 16, 2019, 04:29:11 PM 470 and above if cheap 1060 6g and above if cheap s9 = negative unless you give them to me I splurged and bought 2 x SPx36 Spondoolies 540gh Dash. They are impressive. did you end up putting them on nicehash or dash or? Im on dash. When crypto takes off again I think these spondoolies unit will just own the market. There is no way anyone is developing anything like this right now in this economy. thats what i'm thinking too -- hopefully we arent wrong :O you're in abetter spot w/ your electric rate at least! Title: Re: What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook Post by: VoskCoin on January 16, 2019, 04:29:37 PM I bought all the equipment I could find at a bargain price in 2018 taking a gamble on the future. Hope it pays off, I think it will. I hope it works out for you :D Best thing you did was a nice size build out so you’re competitive! My residential rates just can’t compete! Yeah that helps for sure. When you coming over man! whens a good time :D Come over next month bro, do a video and come hang for a couple days. :P I'll PM you about this :D |
