What Is Was Like MINING Cryptocurrency Full-Time For A Year + Mining Outlook

[VoskCoin]

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!
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https://www.youtube.com/watch?v=GPmmx2Efri4


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

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[dagarair]

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.

[romelitounknown]

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.

[VoskCoin]

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

Best thing you did was a nice size build out so you’re competitive! My residential rates just can’t compete!

[dagarair]

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

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!

[Metroid]

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.

[badbart]

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.

[N0pr3s3n7]

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

[dagarair]

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.

[VoskCoin]

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?

[VoskCoin]

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

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

[VoskCoin]

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?

[dagarair]

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.

[dagarair]

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

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

Come over next month bro, do a video and come hang for a couple days.   

[VoskCoin]

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!

[VoskCoin]

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

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

Come over next month bro, do a video and come hang for a couple days.   

I'll PM you about this