I am reviewing switching from expanding a Bitcoin mining farm to building out more Altcoin mining rigs, there are a lot of coins to mine, but having higher electricity rates means I need the most profitable mining rigs out right now. Subscribe! https://voskco.in/Sub
As we start to get our new cryptocurrency mining farm up and running, we’re taking a closer look at what mining rigs make the most sense to run in this bear market. Running off a standard residential electric rate significantly affects the efficiency and ROI of your mining rigs. As markets fluctuate, it’s important to monitor your initial miner costs, electric rate, mining efficiency, profitability, and what coins make the most sense to hold in a bear market. When we hit the next bull run, this can make or break how quickly you get your ROI. We’ve been taking a look at some altcoins like Kadena and some alternative mining options like HDD Mining with the Evergreen Chiaminer. Let’s check them out!
⏰ Timestamps ⏰ 00:00 Is Bitcoin mining still profitable? 01:20 Is Altcoin mining more efficient? 02:50 Is KDA mining a good idea? 04:05 Why buy a KD Max miner? 05:20 Stacking coins in a Bear market 06:30 Investing in a bear market 07:30 Inflation is wrecking the economy 09:03 Mining and electricity pricing 10:00 Choosing a good altcoin to mine 11:50 Life changing gains? 12:42 Mind-set and advantages 14:15 Adjusting to evolving conditions
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.
