TIRED of MINING...

I am so tired of Bitcoin mining, and even more tired of Kaspa mining, with new miner models coming out basically weekly, costing thousands if not tens of thousands of dollars, miner fatigue is setting in, is mining crypto still even worth it?... Buy Liquid Cooling Equipment here - voskco.in/fh
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⏰ Timestamps ⏰
00:00 Crypto miners are out of control!
01:33 Many miners are still profitable
03:03 Current status of the crypto mining industry
04:36 Dogecoin mining is insane
06:20 Kaspa mining is insane
10:51 Should you still mine Kaspa?
11:55 Ethereum Classic mining is insane
13:50 Bitcoin mining is insane
14:43 I'm so tired with crypto mining
16:32 VoskCoin mining approach?
VoskCoin social media and other links - voskco.in/24
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.
#Cryptocurrency #Bitcoin #VoskCoin #CryptocurrencyMining #CryptoMining #BitcoinMining #passiveincome #investing #trading #workfromhome #fatigue #burnout #kaspa #dogecoin

[@VoskCoin]

is mining dying for everyone other than million dollar and billion dollar companies?

[@ttully]

Assuming so

[@ttully]

Used to mine a few dollars a day on my Gtx 1070 home pc back in 2021 😅 not possible anymore

[@borrenrag]

I never got as far as you but here's my opinion. The rich monopolize everything. They pay people to do everything you're doing yourself. Maybe just take what you've learned, cash that gear in and day trade. Maybe that gpu mining project won't tank in profitability a few months in. I'm going to give it a shot.

[@user-og4je1yh6b]

yes they have their own power stations so they can mine as much as they want. They can even mine and be unprofitable for years just to throw the competition out. (big $$) Then boom it up and take the profits :) If you dug your whole. Try go solar but that's very big investment and don't know if it keep you stable through.

[@zombiator4hire]

Everything you buy, something else comes out that's 2x more efficient. Then rewards go down as hashrate goes up. Every time I wish I just would have bought crypto.

[@thinktank4383]

In time of a gold rush, be the one selling the shovels.

[@Original_SJB]

Helium miners went obsolete overnight

[@bottlowata]

they still make decent IOT profits now adays surprisingly

[@phillipb9977]

It was sad too.. I wanted to dive into helium but looked into it at the worst time

[@epicnoodles3633]

I shut down all my miners for now. I can get more BTC from buying than mining.

[@blackmennewstyle]

ASIC mining is a fairy-tail, the manufacturers run the show and they are the only ones making money lol

[@aloha-rob]

I'm starting to see that...china, china

[@euphoricmonk]

Mining is only worth it if you get Free Electricity or Free Miners like Vosk, otherwise hard pass.

[@bucketofampz]

yea just buy Bitcoin your ROI is day one lol

[@anahata8870]

there are really 2 kind of miners ;)

[@bucketofampz]

@anahata8870 no there's def a third, unprofitable

[@betoucheammar3640]

Yep Bro...i think u made good point here on especially on Kaspa miners...im glad i did not get too deeper after my experiance with KS2. After 2 months of mining with my KS2 i realised that i made huge mistake..and with budget spent at that time on KS2 i could purchase an L7.that would made considerable differance afterwards .. but here to say...that mining is a journey and some ups and downs might occur on the road..wish u good luck

[@dchosendamian1028]

which site do you use for the profitability list of the miners

[@titanandrews]

On a much smaller scale, I can sympathize with this. Spent 3k on evergreen miner with C5 compression. Now they have C29, and literally not even a year has passed. Really sucks.

[@aloha-rob]

Wow!

[@alankowalski8781]

But don’t the Iceriver miners always break and have problems? I thought I remembered you saying that on a previous video.?

[@garykostelec1327]

Crypto fatigue....I have it too. Ugh! The mining companies have the capital to run 1000's of expensive miners. Way beyond my means! I hear you. Take care of yourself and Miss Voss and of course Tails.

[@nicholaskunz5734]

Sentiment is horrible. Time to buy

[@ZombieCorp999]

Shhh.

[@NerdThingsAndMore]

Tired of mining then just buy the coin 🤣

[@BombBayGardens]

"kaspa is never gunna pump" as kaspa is pumping hard

[@Ortega94111]

Lmao what about now ?

[@MegaLenny1000]

Enjoy the summer and take care of your mental health first. Later take some profits and be happy again ;)

[@lifedroid]

What do miners do with old miner equipment they just scrap them when it's not profitable?

[@watahyahknow]

they try to sell them in the hope some guy with stars in his eyes will pay them the money they want for it , usually those machines are run intoo the ground overclocked to get the most out of them by that time or the underclock them till they get close to the same watts per terrahash and extend their lives that way , machines are usually payed for themselves on about 12 to 18 months , thats allso why prices fluctiate with the worth of the coin they just make it the price of wat they can earn in 12 to 18 months and the bigger miners sell them off shortly after that and buy better while there still worth something (again price based on wat they mine during a certain period minus electric bill )

[@floristtrader]

I think this could be my favorite video of yours. Super informative thank you

[@lexys5317]

Home mining, especially for starting or small miners, is almost completely dead or not worth it. The investment needed is astronomical.

[@ZombieCorp999]

Is anyone with X16Qs having trouble mining ZIL with ETC?

[@phillipb9977]

Vosk how’s the solar mining farm going?

[@edwinyancor8236]

I hear you bro! i stop mining about a year ago (about 50 gpu's) and instead started building my own small data center back in my country (almost half way there and the biggest expense will be the transformer) hope to negotiate the equivalent of $0.06 - $0.08 cents per kwh and hopefully a year from now i wil be mining again and buy a year old cheap miners that today are the latest!

[@HRMOHAMMED]

You also missed solar panels . I am expecting 100 kwa solar arrays

[@joaopt95]

What's your opinion on IceRiver hosting service guys?

[@bingoiwin1]

Hey nice shirt Vosk!!

[@justinserra2525]

You got this man!! Dont give up - wishing you only the best my friend!!

[@TheEVGAftw]

Even your harshest comments are true, keep preaching man.

[@bradymarsden]

How do ppl afford these miners lol I just got into mining for kaspa with the 400gh one already feel It's useless lol

[@Goblinjon]

With Bitcoin Staking on rise with Babylon and pSTAKE do you think running a validator and/or staking would be more profitable?

[@DaveTube775]

This has been a wild year for mining hardware!

[@bulataobren]

what are your thoughts on Aethir Edge?🙃🤓

[@AH-mj1rd]

You need to turn sunshine into money, use solar/wind to power the miners

[@GeneralStrategies]

Wouldn't it make more sense to just sell the electricity

[@KingBennon]

Been mining since 2016, started with a AMD 480. The first month I mined ETH -- Oh wow! My card is paid off. 2nd month, I have $350 CAD to spend, so I bought another card. 3rd month, I have $700 CAD extra to spend, so i bought 2 more card. Every month I would almost double my cards. By the time this happened I was buying AMD 580 and 1060/1070 Then shit hit the fan and I was starting to not make as much. Then when RVN came out - I mined the shit out of it since launch day in 2018 and never stopped until late 2022 There really only a couple coins you can mine and still make a profit. Unless you get in early and mine some before they take off. Im finding it better to just buy the coins and hodl than to mine.

[@motleygarage420]

Thas just how it is then when we all find a new trail well be buying more miners and buying the coin .but more npc are getting in harder to find that golden ⛏️.

[@bottlowata]

As am I my friend, same story with Kadena as well but KDA might actually sky rocket to the moon in this cycles bull run.

[@rafaeldelgado7860]

The crypto asset should have a stability weight to reward long time miners instead of the latests fancy HW.

[@Hansen710]

the first s21 can run 240 TH/s so no need to wait for 1 that is doing 230 when you have solar thats the nice thing about not putting all your bread in 1 basket if mining fails there is thousinds of other way to make profit from electricity for example. im saving the money i get from exporting electricity to get a hollyday this year 😃 why not get rid of those s19´s if you dont have free power.. how much difference does it make if you save 2 cent on electricity...

[@VoskCoin]

2 cent power reduction saves me thousands of dollars per month

[@jakobfindlay4136]

Cheaper or free hydro might be your only saving grace

[@OzzmosisMining]

That's why I'm majority cpus and Gpus... You can only win with cheap power I'm at 4.3 kwh but if your 8+ cents it's not looking good

[@jonathanshelton5577]

I think bitcoin mining or mining in general is definitely a game where you have to mind the entry and exit points.

[@ThePoot_tf2]

Very well said

[@surenbono6063]

...when the miners are labeled 3000 W... everyone should know its just 1 hour consumption... it should be labeled kw/m (monthly) or at least /day... example ~2 Mega Watt / month per 1 miner additional upfront cost ...

[@motivationnear]

switch from kaspa to sedra (sdr)... Much more room to grow Vosk!

[@nicholaskunz5734]

Y’all are seriously underestimating kaspas future price. Don’t bet more than you can lose but damn hash may bleed but it won’t matter. The bull cycle isn’t over

[@Betelguese94]

I just want to mine. Why does it have to be so expensive

[@skyline9779]

Maybe maintain the farm and concentrate on some solar.

[@ThePoot_tf2]

I have to agree with this. He needs to invest and start the process of building out solar. Not throwing any shade at vosk I'm just very much anticipating his solar farm I can definitely learn how it works and it would be a huge foundation for him. He spent a lot of time already getting the land and building out. He's got the funds.

[@2000jago]

All the money you're spending everywhere you can't be suffering all that bad... Money can't be flying out of your pockets at the rate that it is if you don't have a pretty good income.

[@KN-592]

Intro sums it up, let's say that were ever to happen in gaming, get a new gpu for every new game that comes out lol, no one will

[@jafuentes89]

My ks0 pro is doing 1.30 a day overclock

[@stephanebio6664]

wowwww

[@DigitalM_M]

I miss 2012 mining.

[@watahyahknow]

sumting im trying to do is buy cheap older generation miners / parts that i can downclock to get verry close to the watts per th as the newer machines and then use more of them to reach the th of the newest machine ... better machine ? just lower the power and add more of the same or again buy the one before last generation in the end the older generation machineS are cheaper than the single machine added advantage is that if parts are failing the effect on the total hashrate is less than when mining the same amount on a single machine and since the machines are running at a lower power they produce less heat think you need to check the watt per th first then see how mush it takes to reach the total hashrate in old machines and compare the total cost between the two i noticed that its cheaper to buy multiple machines and eazier to get the maximum use out of the fuses im running think the manufacturers know that people keep buying better more efficient for just about any proce they offer for them so i suspect that if they make an improvement they only impliment it in stages to get more cash and to clean up their old stock im going to mine btc and from the looks of it the price will go up enough to make the profits close to wat they where before the halving now the next halving ......... it might be time to stop alltogether untill btc becomes worth more than 300000 dollar the epic controllboard can be made to work on all s19 hashboards and probably work on s21 hashboards in the future with a firmware upgrade , and aftermarket psu's might have enough surpluss power to be able to power the newer hashboards too , in the future i could buy last generation s21 reconditioned hashboards and stick them in place of the old s19 ones and have more hashrate at a lower price using most of the parts of the older machine and about 2/3ths of the price of a complete machine sumting i might see happening is aftermarket companies that try to get a piece of the pie bringing out controllboards and psu's that will increase the efficiency of excising big brands machines companies like braiins and ePIC , who knows if they can change the firmware to get old asics to mine a verry different coin than wat they where desighned for (linux/windows running on apple) once that takes off the big miner manufacturers might chance stuff like connectors clockspeed or powerlevels between generations to counter that like they nowadays do with desktop computers (gpu s / memory cards often cant be changed over to the newer generation) or they see the writing on the wall and step ontoo the bandwagon and start to sell upgradepackages to excisting machines (think apple / hp versus standard component computers and windows) ....... i cannot afford a s21 unless i safe up for 6 months , while with the older gen machines i can start mining the first month and keep adding on the next few months and actually start making btc sooner while speading the investment intoo manageable chunks

[@jonathanshelton5577]

Imagine crypto mining stock companies. Bitfarms and all those companies. Whatever profits they made from the last bullrun they reinvested it into innovative renewable energy sources, but their bitcoin miners are probably outdated. So they have more loss than profits

[@solarminer7194]

Never bought an Asic prolly never will. If I do it will be used. In a bear market and only after my solar is built.

[@frankballestero7085]

Vos Vos what should i Do i want to buy and start !!

[@amauryrizo4780]

I just ordered the KSO Pro to mine Kaspa untill 2029 Bullrun ,, it’s only for fun and at the same time I am buying Kaspa ,, if Kaspa goes over 50€ by 2029 then everything is gonna payback 😎 if not then anyway from the buying option you will always make money

[@jakobfindlay4136]

Just gonna put this out there Montreal has 4¢ usd electricity

[@ThePoot_tf2]

Interesting. I feel like people will jump on the opportunity but I feel like it won't last. Prices usually go up when everyone demands it

[@iameric1981]

Bro I’d cut a nut off to have the money to invest into an operation like yours and to work full time at mining instead of getting up and doing what I do. And my job does pay well.

[@JohnWilson-os9sx]

couldn't you make your own miners ? (through chatgpt?)

[@MiningCandy]

The market should be cool down a bit

[@markmunro3798]

You need to get your solar up and running!

[@mikeholmstead7627]

Look up economics and how much government has put into it. And bitcoing and most crypto was supposed to decentralized but I'm pretty sure most of it isn't any more. But I feel ya and youre sitting better than me be it's become the new dollar bill instead of being fun

[@jackzzz2885]

If you don't have rights how do you know how to protect the ones that you have

[@gasb6708]

mining is not worth it on a small scale since you spend profits on constant upgrades

[@kmartkid6312]

Really an arms race with these miners. I think you will make decent profit even if you overspent. I dont think you will be a millionaire overnight like before and i think the manufactures know that from last cycle. I bought 3 s19j pro's a couple years ago for 9k a piece. Now they are selling for 500 bucks and are currently unprofitable even with 9 cents electricity. Smart move would be producing your own electricity or hosting with partners.

[@stephanebio6664]

don t you know that mining btc is always less profitable after the halving of btc??anyways you made enouth money with mining time for the next ..you are not alone ..peace

[@williamjohnson1317]

“This isn’t me bitching about whatever” lol. The title of the video is a complaint.

[@euphoricmonk]

So what, his complaints are valid

[@VoskCoin]

🫡

[@fernandofrediani9010]

Since its beginning that ones who earn more money looks to be the ones who sell hardware, not the miners.

[@Nobody-vr5nl]

Depin or go home. Provide an actual service and get paid for it. Ive been saying this sense folding@home, pay the nodes doing actual work with something that doesnt really cost the network anything.

[@taterrhead]

with 0 barriers to entry it's always a race to the lowest cost provider (Governments, stranded energy etc...) && those selling the shovels (asics). Fools errand to enter mining space this late into the game as retail.

[@sang3Eta]

"Unprecedented times" ...does this every 4 years.

[@VoskCoin]

You’re outta touch, there’s been literally 50 miner models released over the last year lol

[@ronwatkins5775]

Yea, i know. I bought 4x KS5L's the day before the price drop.

[@user-og4je1yh6b]

Same here... I feel you man :/

[@VoskCoin]

its super frustrating, could get my ks5l for basically half price today

[@user-og4je1yh6b]

@@VoskCoin i paid $14000 with silencer. Customs cables etc. when it was pre-order. 😐

[@icechivas]

We are in the same boat. Paid $12k just 2 weeks before the price drop 😢

[@BombBayGardens]

just wait till BTC pumps again youll be fine

[@ironx]

would love to see a 750k btc

[@dderuy]

You're an inspiration bro, thanks!

[@VoskCoin]

thanks my friend

[@paulphouminh6459]

Im done with mining. Too much time. All the miners ive bought will take years to earn the money Ive paid for my miners. Not worth it

[@brandonsnook5153]

im thinking only wya to mine crypto is to mine it keep it whait till it goes way up in p[rice and sell back for price of the machine not the electric their ment for people who have the money on hand to spluge into mining and then keep the rest of your coins on the open market place and your meants to be working anouther job to pay the electric cost but may be thats just me

[@hi-tech-guy-1823]

Moment the Difficultly goes Hard for any cryptocurrency's it Times to Swap to Newer ones or Switch to Rentable VPS Servers for Rentable Compute & Storage (Games Servers mostly) with Heat Recovery ( Heat Home + Hot Water) and just handle Real World currency's Directly $£

[@redampsmining]

Mining is the greatest thing in my books!!!!❤ peace.

[@relaxchil5796]

Try to chase new miner and model called fomo and greed, no different than those who chase candle when trading. Wrong move and you'll get wrecked. If your old miner still profitable why you keep chasing new miner, you can chase one after you gain profit.

[@elmaikitofficial]

You should've waited until April fools to drop this video haha 😅

[@elijahchisholm9346]

I guess you could say you've dug your hole. Now lay in it

[@VoskCoin]

well mining is digging after all lol

[@elijahchisholm9346]

@@VoskCoin touche

[@hdcomputerkeith]

Yea it sux dudes!

[@TheCajunAsian]

Go back into a Helium review soon, update it

[@justiceleague007]

Get a LifePo4 system totally off grid x 30k wat ++ and never pay for electricity ever again

[@DigiByteMe]

Stop buying brand new machines with ridiculous ROI. You could have built an army of s19 by now. I would also add that you have enough hashrate to solo mine bro

[@ironx]

i guess i'm just mining at a loss hoping for a massive price surge so i can possibly profit before i'm bankrupt

[@wingsofabe]

it should have been gpus only, these asic companies are ruining the whole industry just to fill their own pockets. all asic are overpriced and you don't know if the website will scam you when you buy.

[@VoskCoin]

GPUs are a pipe dream now with the AI boom, there are basically potential GPU mining farms that could switch in an instant

[@thinktank4383]

you need to go solar power

[@m1j9s79]

This is a major FUD video. He doesnt want us to buy up all the hashrate before he can expand.

[@VoskCoin]

lol no its genuinely how I feel

[@m1j9s79]

@@VoskCoin i believe you are just over diversified. There is nothing to be pessimistic about in regard to kaspa mining imo. I got screwed on the KS5L price drop too, however i just dollar cost averaged down on two more hosted KS5L units. Brought the price of three down to around $7k which im good with. Massive bullish signals all around with kaspa.

[@Dangles1337]

proof of work OMEGALUL

[@VoskCoin]

Lawl

[@bebeforpresident]

Shouldn’t be mining anything but $KAS. Every other coin is a waste of time

[@kaantrl05]

so mine hacash

[@cryptocashn2313]

Sell off all the s19s to idiots looking to get into mining now, by time btc pumps end of year or next there wil be 5 newer iterations, you can use the recovered money from reselling the s19s to purchase newer models... IMO.. its hard now but soon as BTC starts to pump all tides rise, you sell for profit and restart the 4 year cycle and most of the time with ALL new coins to mine..

[@huntervuzzo2444]

The real winners are the miner producers

[@VoskCoin]

going to need to figure out how to design my own ASIC chips lol

[@ahmadbeylouny1245]

@@VoskCoin I always thought of making one, it needs good money to tape the asic out in a 16nm node

[@snowbird319]

Everything will get cheaper once btc hits lows 50s..alts are bleeding hard miners will be cheaper

[@snowbird319]

Next.target is 43k if 50s don't hold

[@Ampermetras]

Everything is a scam, I learned hard way 10k mining rig in 2021 Kadena, nervos, litecoin etc.. Never again.

[@koky179]

I just quit min8ng few week after eth went pos.. one small rig with 1 3060ti n 2 1660s..

[@alexduke1999]

Gotta learn how to make computers and fabricate your own asics

[@HRMOHAMMED]

You missed chia miner ... do not you

[@skillz4life360]

I bet you they're using AI to build these hyper profitable machines

[@bikerunswimjb]

kas $0.19

[@stevenmartin6271]

Proof of stake you don’t need miners, only validators.

[@jamesreeves4499]

I suspect you are making more income from your KZbin videos than you are from mining?

[@TimoCat]

fyi.... it was ALWAYS a better decision to buy coin then mine.... mining only makes senns if you have free electricity, free miners and someone else looking after them.. then you put it on youtube. slap your refs under the vid, get some free hardware and also do 121 consults to paying fellow miners. only then you will make a small profit on it

[@tellrowland2370]

Have you even heard of pool mining? My home pc is literally paying for my power and water...

[@lancebuttermore5973]

I’ve made more mining than buying and holding. Turned 1100 worth of ETH I mined into 70k by swapping it into shit coins. Mined electricity was about 350 for that month…. All my hardware was pretty much free minus 15k or so invested by me… was a hell of a run. Just going to sell most of the hardware and keep the higher end stuff..

[@cbass1196]

Nonsense