Bitcoin mining is expensive, loud, hot, and requires a bunch of work. Fraction Mining takes all of that and makes the process 100% hands-off and fully passive. Not only that, but they also make it profitable because they share the majority of the rewards with NFT holders. So if you are looking for the cheapest and easiest way to get into Bitcoin mining, watch this video.▼▼
Disclaimer: Hey gang, I got my calculation on this one super wrong. My understanding was that the costs to run the machines was already factored in those rewards before giving the 10Th per NFT figure. They are NOT. To do that calculation properly, you'd need to account for those costs. Here is a calculator with those value entered into it:
The power rate in that calculation is a bit higher than their actual rate, but maybe best to use a higher one just to be safe.
This calculation changes the break-even time considerably at today's BTC price, however, it's still miles ahead of buying the hardware and setting it up yourself. Those break-even times are even longer.
So if you have a longer-term view of the price of Bitcoin, this project makes a lot of sense. If you want to break-even ASAP and get big returns now, it doesn't.
This doesn't change my perspective though. I am still buying in and excited about it. Sorry everyone for the mixup and misunderstanding!
What to know what gear I use to make my videos and what gear I recommend if you're just starting out? Get my YouTube Gear Guide here: https://a.ndy.fyi/YTemail
DISCLOSURE: Some of the links on this page are affiliate links, which means that I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions are a great way to help fund and support the channel.
I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.
