As what Vosk have already mentioned in his videos, he mines mostly for the continuous passive profit. Yes it wouldn't be wise if you would mine and expect a profit in just a year, yet Voskcoin thinks and sees the opposite. This solar powered mining would not only be beneficial for him in the long run, but also to his kids and grandkids in the future. As what the old miners also have done and still currenltydoing, it is better to invest on something that would give you a passive income, even if it would cost you millions to establish.
Think of his projects as like building a small hotel/apartment, it would require a huge investment, yet it would be good in the long run.
I suppose this makes sense, however, you could also do the same without mining, which means just take the same money and buy BTC/Crypto now and probably
you would be farther ahead ... than the year he says it will take to get this all up to speed. Again, I think about such things often. In my state (Xcel) it makes no sense
in anything more than 10% of your use is the max they will cover...looked at and re-evaluated every 6 months....so at $60 now before solar..anything above $66 bucks
will be the max they will pay you. So no chance of putting up something with 3x the solar I need to sell back to the electric utility anymore, that ship has sailed.
So my only option is to look at this, as Vosk from Voskcoin would look at this. But without something like his channel to show the ins and outs of how this is done
it makes no sense. Much like the old computer tutorial car repair books, where they tore the car down to show how to repair/assembly guide. In other words,
the only reason they bought the car was to make the tutorial book. As with Vosk and his Voskcoin channel...this makes the same sense to get eyeballs to the
Voskcoin Youtube Channel...not that there is anything wrong with such. But in MOST of our cases, I just can't see it making any sense over just using that kinda
infrastructure $$$ to just buy the BTC and HODL it. Now, if you NEVER will buy the BTC and HODL it, unless you leap into POW mining to do so...(dig a hole, jump
in and solar mine your way out) from a long term HODL view...that works also. You do what ya gotta do to HODL BTC. But still more risk with solar in my case,
even if only the same modest setup as he has, and only runs it during the day than just using the same $$$ to HODL BTC. No equipment issues/late delivery of POW based
ASIC machines or one year ahead $$$ tied up to get the solar farm off the ground. Anyway I'm glad he is doing such, but I would be a lot more excited if I could
pull this off as home mining would make enough to pay off both the solar and equipment..which in Minnesota at ave (used solar calculator) of 6 hrs a day ave charge
time due to earth's location ...sunshine wise...that boat won't float. Unless Vosk of Voskcoin pulls off something to show me how to do or maybe a working method.
But again, it will be fun to watch how he works it out...and hope springs eternal! (er...for me not so much...my regular Xcel full discount Winter costs for electric
now has gone up about 2c kWh to 12.85c kWh...so essentially, the ONLY, way I could POW mine would be his method...and for reasons stated above, as much
fun as I would have..that is not gonna happen. Instead, I'm attic mining crap out of my attic I'd otherwise die with and selling it on eBay and then buying BTC
dust with that..it is boring..it is ugly...but hey...when I get done I'll have an empty attic for a rec room, increasing the value of my house..and all that nice BTC
dust. Also, (damn it) with the Covid-19 Pandemic and retired...I really, really have trapped myself and have no reason but to admit laziness to know do such.
Ah, life, always a frigging catch!
Brad
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