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How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph

by truestfreedom
December 16, 2022
in Bitcoin
0



On this week’s episode of Market Talks, Cointelegraph welcomes Drew Vosk, founding father of VoskCoin, a cryptocurrency YouTube channel with over 607,000 subscribers.

This week, we take a deep dive into all issues crypto from the distinctive perspective of a Bitcoin (BTC) miner. We get Vosk’s tackle the issues which can be impacting his backside line as a Bitcoin miner and what challenges he’s at present going through by mining Bitcoin at house versus with an industrial miner.

Is it price investing in a photo voltaic mining farm with electrical energy prices hovering in the meanwhile? What’s the ROI, and is it less expensive in the long term to harness the ability of the solar? Vosk not solely mines Bitcoin but additionally a bunch of different cash. We ask him what his mining technique is to remain afloat in these troubling instances.

Subsequent, we pivot over to centralized finance (CeFi) and decentralized finance (DeFi). We ask if he has been impacted by all of the latest bankruptcies and what his predominant takeaway from all the things that has occurred is.

As we method 2023, we talk about what adjustments must happen to make it simpler and less expensive to mine Bitcoin and different cryptocurrencies. We additionally have a look again on 2022 — has this been the hardest 12 months for miners, and is it over, or is the worst but to come back? 

Should you’re excited about moving into cryptocurrency mining or establishing your individual mining rig, be sure to tune in, as we’ve obtained some nice data for anybody seeking to get into the area. Who higher to stroll you thru all of it than somebody who has actually put all the things on the road to mine Bitcoin and has been by all of the highs and lows of the market?

Make certain to remain tuned till the tip to get all of the solutions and extra. We’ll even be taking your questions and feedback all through the present, so make sure to have them able to go.

Market Talks streams reside each Thursday at 12:00 pm ET (5:00 pm UTC). Every week, we function interviews with a few of the most influential and galvanizing folks from the crypto and blockchain trade. So, make sure to head on over to Cointelegraph’s YouTube page and smash these Like and Subscribe buttons for all our future movies and updates.



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