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As we start to get our new cryptocurrency mining farm up and running, we’re taking a closer look at what mining rigs make the most sense to run in this bear market. Running off a standard residential electric rate significantly affects the efficiency and ROI of your mining rigs. As markets fluctuate, it’s important to monitor your initial miner costs, electric rate, mining efficiency, profitability, and what coins make the most sense to hold in a bear market. When we hit the next bull run, this can make or break how quickly you get your ROI. We’ve been taking a look at some altcoins like Kadena and some alternative mining options like HDD Mining with the Evergreen Chiaminer. Let’s check them out!
Timestamps
00:00 Is Bitcoin mining still profitable?
01:20 Is Altcoin mining more efficient?
02:50 Is KDA mining a good idea? 04:05 Why buy a KD Max miner?
05:20 Stacking coins in a Bear market
06:30 Investing in a bear market
07:30 Inflation is wrecking the economy
09:03 Mining and electricity pricing
10:00 Choosing a good altcoin to mine
11:50 Life changing gains?
12:42 Mind-set and advantages
14:15 Adjusting to evolving conditions
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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.
Switching From Bitcoin Mining to Altcoin Mining To Earn More Money?