Bitcoin mining is difficult, there are major BTC mining farms with millions in funding making it hard for the average person to mine competitively which continues to beg the question, is it more profitable to BUY BITCOIN or MINE BITCOIN? Let's find out.. Subscribe - https://voskco.in/Sub
I began my cryptocurrency journey mining with GPU rigs and since Ethereum is no longer mineable, the only alternative is using industrial-grade ASIC miners to mine Bitcoin and other cryptocurrencies. But in today’s bear market, does it make more sense to mine Bitcoin or should you just buy it? Today we’re going to look at all the bitcoin mining data you should know before you start mining! We’ll also review bitcoin profitability stats and why so many BTC mining farms are shutting down.
⏰ Timestamps ⏰ 00:00 Buy Bitcoin or mine Bitcoin? 01:11 Terrible news keeps coming to the crypto markets 02:31 Bitcoin difficulty adjustments & mining troubles 04:02 Are there still profitable BTC miners? 05:25 How much money does BTC mining generate? 07:50 Bitcoin mining giant Bitfufu vs FTX 09:00 Bitcoin mining lawsuit! 09:39 Crypto mining stock index keeps dropping 11:44 Help with the Bitcoin solar mining farm 13:00 Crypto ASIC miners keep getting cheaper 14:00 Canaan is releasing new miners 15:00 It’s a difficult time right now. Don’t give up
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