̶MINING is DEAD

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🧻 BTC: bc1qu4zl3kl3ajgmcnsv23jp9r5w98wazrss6shta6
🧻 ETH: 0x48A6D6487787aCb9084B265c4f698090ABD3cAff
🧻 USDT: 0x48A6D6487787aCb9084B265c4f698090ABD3cAff
🧻 SOL: 9pMAAF9DA8p2RmhBhWhzSoDwyertmzfWQtRXvtoJYLMA
🧻 USDC: 0x48A6D6487787aCb9084B265c4f698090ABD3cAff
🧻 DOGE: DRFw9AghRs6WDt1LUPtTn6omfxfCBEBT5f
🧻 ADA: addr1q9f8lweppckn847pztayju5m2nsdx7swj2ll2ssrgcpu4j2j07ajzr3dx0tuzyh6f9efk48q6daqay4l74pqx3sretysm92jc5
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[MozzyMe]

I can name another business that hopes that they can take their income in about a year. They are huge and currently on vacation. It's called the federal government/congress. They have been writing checks that they can't cash for multiple years. Have you seen a balanced budget from an Administration (Republic or Democrat) Congress in the past 10 years? Nope. So they are spending money they don't have and pushing out paying the piper 10 years out. Why can they write a budget that says 36 trillion will be paid back in 10 years? Which brings us full circle to why people decided to go this route in the first place (mistrust of the banking system). Find projects you enjoy/support in the space. Find tubers/talking heads that make you laugh a little and just realize we ain't all going to be millionaires....it just doesn't happen that way. (end TED talk)

[chrismay]

Thanks for being honest. Most of these YT shills are absolute conmen. They never bring up that 20% that the IRS robs from them when they finally try to take that "profit". Congrats on those literal DOZENS of views!

[JamesSmith-swnk]

Uneducated? Unreasonable?.. This man is going to be President of the United States one day!

[ZaPirate]

I never clicked so fast. Thumbnail did the trick.

[TubeandJar]

You are right, mining is just like gambling. And yes, so is the entire crypto and stock market. It is not dead just like those are not dead either. Profits just suck

[BunkerClock]

Great video. I like the average person honesty divorced from all the crystal ball bull market hype. Some coins will die and some will be profitable. It’s a fun hobby which can pay for itself if I don’t get too caught up in the minute by minute hashrates and profitability. Keep making these videos!

[captainhappy]

PoW-mining was the big crypto driver around 2017-2018 especially because of ETH. Nowdays, the PoW-mining is kind of already seen thing, you might want to diversify where you want to be in, for example coins with some functional utility having nodes to run that utility, the nodes could be quite big hit, and they actually already are for some coins. The PoW mining stuff is already practised so many years since 2009 that who are going to stay on it, they already have their farms built and all the hardware the most efficient there is, and if that market doesn't carry then you have again opportunity to see how they throw piles of those aluminum boxes (a.k.a. ASICs) to trash. (and then someone goes scoop them up, and wait until they can be used again....). Just try to find some good spot in the crypto sector, there certainly is opportunities, but it's kind of hard to understand which of those projects are going to be huge success in the near future, and which are going to be just dumped. There is actually every now and then some coins pushing up a lot, like 5x or even 10-20x, the volumes are not very big, but it could be useful to any small guy who figured upcoming winner.

[dpking]

I still mine for heat and as a hobby which is why I got into it in the first place.

[Superfocus]

I'd like to say having a well established team working on a coin increases your chances but from what I've seen over the years it's not always the case.

[SleeplessNightsMinning]

I agree with now being the time to focus on bitcoin and test and mine small coins for fun and learn. Keeps us occupied. Definitely appreciate the videos man

[NevsTechBits]

Commenting to support. This guy is honest, and on the first round up to the moon in Lambos, there was Travon James types who only wanted to scam. this Technicals is good stuff!

[rwwilson]

2017 and 2018 bull run was the ETF expectations that kept failing.

[josepheveryman]

I will watch this later, as I have 3 minutes of work left and I'm not about to watch your content on MY time. Skimmed through though and it looks like that kid from Rugrats just talking for 11 minutes. It will have to wait.

[BRADDGO]

I gpu mine and gpu mine only. Most of my hardware was bought and roi'd in the last bull market and ive only bought about 5 or 6 gpus since last year. I never stopped mining so those were bought with profit or have paid themselves off since then. All of this year ive fought the fomo to buy more cheap gpus and i JBTC and i dont buy shit coins i buy stuff that has price history but still has room to grow. Ive diversified my holdings and im not married to any one coin. I mine whatever is the most profitable coin unmineable supports and build my bags of my favorite coins they pay out in vs jumping on whatever new coin is the most profitable coin to come out this month cause that shit was exhausting and not a guaranteed way to make any money. Id rather make a little money than gamble my time and electricity hoping ill get a lambo out of the deal even if it turns out im wrong and actually could have got a lambo. Id rather make sound choices and pay my house off finally and worry about making lambo money in 2032-33 bull market.

[chrisgauch]

I'm all about the easy as well. I'm glad to see someone who's been in the game a bit is as well. Keep up the great content.

[sausageslaps]

lol keep spreading the word while i am profitable, the more people who abandon mining the better for me

[Krusty_Kowz]

With the upcoming hyperinflation assets will skyrocket. Stock market, real estate, even bitcoin will go up in value.

Unfortunately the average normie’s wages won’t go up much so they won’t be able to ride the wave up with any significant increase in disposable income.

[CryptoKattFarms]

I’d love to disagree but I can’t 😂. It’s a hobby with a lottery attached. It’s fun right now and when it’s not then I’m done. Also, it’s a nice form of original content on my TikTok, which is also just a hobby. (I can’t compete with you pro YouTubers 😂)

[mikeanonymous]

WW3 is what is going to royally screw us! Crypto will tank then.

[michaelcassidy]

Well i'd like to disagree with you but i cant; your spot on. I look at it the same these days. Just for fun. $.17 power in Denver makes it only a hobby at this point. btw your channel is great!