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

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

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 might be impacting his backside line as a Bitcoin miner and what challenges he’s at the moment dealing with by mining Bitcoin at residence versus with an industrial miner.

Is it price investing in a photo voltaic mining farm with electrical energy prices hovering in the mean time? 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 in addition a number 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 current bankruptcies and what his most important takeaway from every little thing that has occurred is.

As we method 2023, we talk about what modifications have to 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 yr for miners, and is it over, or is the worst but to come back? 

Should you’re fascinated about stepping into cryptocurrency mining or organising your personal mining rig, ensure that to tune in, as we’ve bought some nice info for anybody seeking to get into the house. Who higher to stroll you thru all of it than somebody who has actually put every little thing on the road to mine Bitcoin and has been via all of the highs and lows of the market?

Be certain that to remain tuned till the top to get all of the solutions and extra. We’ll even be taking your questions and feedback all through the present, so you’ll want to have them able to go.

Market Talks streams stay 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 individuals from the crypto and blockchain trade. So, you’ll want 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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