HomeCryptocurrencyHow hard has this bear market been for Bitcoin mining? Watch Market...

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 are 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 value investing in a photo voltaic mining farm with electrical energy prices hovering in the intervening time? What’s the ROI, and is it less expensive in the long term to harness the facility of the solar? Vosk not solely mines Bitcoin but additionally a number of different cash. We ask him what his mining technique is to remain afloat in these troubling occasions.

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 principal takeaway from the whole lot that has occurred is.

As we strategy 2023, we focus on what modifications must 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 12 months for miners, and is it over, or is the worst but to return? 

When you’re eager about entering into cryptocurrency mining or establishing your personal mining rig, be sure that to tune in, as we’ve acquired some nice data for anybody trying to get into the area. Who higher to stroll you thru all of it than somebody who has actually put the whole lot on the road to mine Bitcoin and has been by means of all of the highs and lows of the market?

Be certain 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 make sure you have them able to go.

Market Talks streams dwell each Thursday at 12:00 pm ET (5:00 pm UTC). Every week, we function interviews with among the most influential and galvanizing folks from the crypto and blockchain trade. So, make sure you head on over to Cointelegraph’s YouTube web page and smash these Like and Subscribe buttons for all our future movies and updates.

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