Ethereum Miners - Do NOT Do This!

The current mining landscape is a difficult one to traverse. Crypto prices could go lower, miner prices could fall, and all amidst a global economic crisis. But mining companies are choosing to release new miners that mine Ethereum - despite the Eth 2.0 merge set to take place literally next month?! Do they perhaps know something we don’t? Or are they taking the final opportunity they have to sell off mining rigs that will be glorified paper-weights in a few months? ASIC companies have always had shady business practices - but is this the worst we’ve ever seen from them? Let’s take a look at some of these miners, and find out whether you should buy them, or avoid them at all costs.

⏰ Timestamps ⏰
00:00 Are new Ethereum miners a scam?!
01:24 Brief history of Ethereum mining
02:53 ETH mining vs BTC mining profitability
05:19 Has this mining “scam” happened before?
06:07 Other coins to mine after Ethereum?
08:08 Will Ethereum 2.0 happen this year?
10:03 Should you buy a new ETH Miner?
11:15 The future of decentralized mining

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.

#VoskCoin #mining #crypto #ethereum #antminer #eth #ethereumclassic #investing #earnmoney #eth2 #homemining #cryptomining #passiveincome

[drewdurant]

“Thank you for securing the network, and eff you” ~Eth Foundation

[AD-njpi]

I literally just got access to free electricity and now in a position to drop some cash on a serious miner, but stuck in this Etherium 2.0 bs.

[troyh]

I once heard that during the gold rush the people who sold the equipment to mine gold were the ones who made the money, not the people who mined the gold.

[jamesp]

I am already noticing some of the low market cap niche coins I mine are going crazy with mining hash. Sucks for me lol

[FireHawk.]

As soon as it goes proof of stake, stop using it. Put your money into something else.

[anthonyrigolo]

sadly, FTX is not available in Toronto.. Keeps saying people ion Ontario cant sign up

[Revokeuh]

Are you still using your GPU rigs from the early vids? Or do you now only mine with ASIC's?
Because I really liked those GPU rigs vids :)

[nismo.reuben]

Totally agree. Wish they would just merge and move on. Let kadena take all their mining power.

[thomasr.miller]

Once ETH turns to steak it is DEAD . the price will fall like a boulder off a mountain top. great video thanks

[martinlucmorel]

I saw you jasminer vid... had to grab one. Wish I had 3 it's all I can afford to run in this crypto winter. I got my jas blade server for Xmas its made me around 7k atm.

[VIRTUALCENT]

Spitting knowledge! Protect Vosk @ all cost!

[matthewthelen]

Vosk i love you but the people that made the most money during the great gold rush were the people selling picks and shovels

[AlphaPlaysFPS]

My wife only watches me watching your vids to see more of the CMO. “Show me more of the puppy!” But thank you for this video specially. I haven’t stopped mining ETH and have actively pursuing purchases for my cards. One day I will be able to afford a better rig then buying one by one

[CATxDADDYxFROST]

Bit-Corn fields are Bit-Farms running on solar... lol

[billclancey]

I love your channel but you are so negative now. Some people enjoy mining as a hobby. We can mine other coins. But calling them all crap? Eth was worthless at inception as well as Bitcoin. I am not sure why you need to go so negative to try and say mining will be rough and likely unprofitable for some time after the merge. Would an ASIC for eth be a good purchase? No I agree but you just go all in with the world is ending, There will be people that mine other coins and HODL and make money in the next bull run.

[xalex]

That CORN is surely a passive POPCORN income!

[bent]

Buy the rumor, sell the news.. Always work, I made $8k profit from ETC just about 5 days...and that's it :) 0 electricity, 0 hard work setting up miners.. look in a chart, read news every morning your money is there

[full__tilt]

Eth PoS is like nuclear fusion but in days. PoS is 40 days away, and will always be 40 days away

[icedrum]

Thanks! Hey ... what software do you use to change the pitch of your voice?

[johnnybg]

Which platforms are safe to stake or yield farm crypto during Bear Market? In the sense that I won't face liquidity issues, company bankruptcies, sketchy terms of use, etc.