I mined Bitcoin for 9 months. Was it worth it??

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Information I mined Bitcoin for 9 months. Was it worth it??

Title	:	I mined Bitcoin for 9 months. Was it worth it??
Lasting	:	10.13
Date of publication	:
Views	:	228 rb

This is where I buy and host my miners: andyfyi/MuskMiners (Save $100 Per miner with code YOURFRIEND100) brThey have a 1yr warranty with all equipment and have 98 uptime guaranteed brFrom the moment you purchase, you can be up and running in as little as a day
Comment from : Your Friend Andy

You rock man My son showed me your page Ive never commented on any YouTube video but I appreciate what you do because I despise these people I would like to say youre a blessing to all those people who have been scammed and youre the much needed hammer
Comment from : Zong ying Alan

Dudes actually mined the ocean into America
Comment from : Thirsty

Can you give us an extended lesson on the tax and accounting implications for crypto miner
Comment from : Leo Oz

What is 200 watts per day? Watts are a unit of power, so what does it even mean when you say your home computer uses 200 watts per day?
Comment from : strato man

You don't care about the environment? Bitcoin mining alone uses more energy than the whole of the Netherlands
Comment from : Harmen Greven

OMG an hour and you just need to say how much you spent and the profit you took in total
Comment from : Star Buck

Is bitcoin still a thing thought it died year's ago 😂
Comment from : Bernard Hodgson

use your own electric generator and as well made easy just need Magnet and copper and you safe for your electric spend and have clear money
Comment from : Movie Production

It's a waste of power
Comment from : Joanne Petersen

people are risking thousands of dollars for btc, and you guys still thinking if u need to invest in Crypto at least 10 of your salary 😂
Comment from : Isroilova

how do you calculate what your profits will be like after the 2024 halving? Do you just cut the profits you're making now in half? Or will the rewards for mining be automatically adjusted to keep profits consistent? How will miners be incentivized if profits are cut in half?
Comment from : lowda9

How often you have to buy new machines and sell old?
Comment from : Mr M

How much you pay for electricity? Kwh
Comment from : Mr M

Great video! Are you using the Antminer S9s?
Comment from : BKK Rider

Don't forget when you need to pay the hosting/electricity fees every month, you probably need to pay that in dollars, so either you need cash on hand or you need to sell btc you've mined to pay those fees That's the hard part in a bear market: if you don't have enough cash on hand and btc is too low in price to meet the costs, you need to sell your mining equipment Nonetheless, great video!
Comment from : Dylan

Grea video Bitcoin for sure is the future of finance and money Not other currency comes close to Bitcoin properties and monetary policy Best money always wins Bitcoin will soon have 09 inflation in 2024 Crushing every other currency out there and yes your right people wont spend bitcoin, because why would you spend it, if it is the money with the best traits? Ask yourself if you have turkish lira, venzeulan peso and USD Which one do you spend first? ofcourse the weakest currency Simply put Bitcoin is the strongest currency ever made Better swap in your paper money for some money backed by pure energy its the future
Comment from : Clasher Claner

How big power bill 😂❤❤
Comment from : Julio Colobrado

a waste of resources
Comment from : Hike it Off

When you invest, you're buying a day you don't have to work
Comment from : Christopher Hobb

The amount of work the above team put ınto bypassing is really unbelievable, this a truebrmasterpiece 100 and the recovery of my funds within minutes it’s impressive,So much respect for you bproz5cracks/b how muçh positivity you put while going through jobs! I wish you all the best, mate! You deserve it
Comment from : zetaster

NO IT WASNT AND I DONT HAVE TO EVEN WATCH THIS VIDEO U R BIGGEST IDIOT UNDER THE SUN FOR THINKING UD BE IN PROFIT
Comment from : _ANIME_SHORTS_

This video is about 14 years too late
Comment from : Digby Frog

Omg your video so condensed and you dont rest your tongue
Comment from : Moudi Pueyo

I can help you get cheap power
Comment from : Mph200plus

you know what I appreciated and liked about this vid Immediatly after the vid started you straight up said how much you spent, how much you made back and the timeframePERFECT
Comment from : Mr Right

Is it feasible to mine Bitcoin?
Comment from : Cash Streak

I know nothing about Bitcoin and/or mining 1 Can you hook machines up in your house without a host? 2 What wallet/s do you use? 3 Can you mine multiple/all crypto with them and if so, at the same time? Edit: I heard Bitcoin to mine is running out
Comment from : Born Free Films

at this moment its worth 26k lol
Comment from : Doom Slayer Forever

not worth it
Comment from : Doom Slayer Forever

How about opening mining at BHUTAN ( country) i am interested to invest and start crypto mining as my country electricity rates is cheap
Comment from : Dorjee Drukdra Wangpo

Shout I invest in bitcoin or invest in a timeshare? Also, I got an email saying just pay the lawyer fee and they will send me $2 millions, should I invest in that?
Comment from : Les Jean

Given your experience, which one of the online profitability calculators is closest to the profit/loss in real life?
Comment from : Dave Morphling

Not mentioned in the video He bought the hardware by selling Bitcoins at a profit Did his returns take into account paying his taxes on that profit?
Comment from : CATNVol

bitcoin halvening soonrekt
Comment from : dan wednesday

Sat through the whole video All I wanted to know was your electric bill 😭
Comment from : sumbodyshero

i wonder how long would it take for my beefy pc master race machine to mine 1 bitcoin i9 12900k + 3080ti
Comment from : Mike Capson

Bro people still dosent understand basicls of money flow mining won't be profitable until people put somemmoemy back into it too attract investors
Comment from : KazumaX

what I want to know is at what point during this exercise did your wife leave you?
Comment from : narlycat

So bitcoin mining machines mostly lose values When new tech comes out that can calculate the hash faster there are too many ifs on this I’m pretty sure a new miner will be built and that makes your miners out of date and to the point they can’t compete So far you are only losing money slower that With your past investments Machines are like cars or computers their capability gets old and slow and become useless within 5 years when new tech comes out
Comment from : Peter Ruz

You did not discuss the halving?
Comment from : Philippe Colin

The plan is to close Bitcoin down!! So the new Digital Money can come in
Comment from : Rob H

Did any one of you take in calculation dat better and better tech is out every year and even if demand go up your equipment value will drop down (get old/slow outdated with time)
Comment from : Shadownoob Noobslayer

why you didnt just buy bitcoin lol 5 btc when it was 19k now its 32K ez profit
Comment from : TgReXe

If you'd just bought BTC with your money you could of bought 3 now for $92,000LOL!
Comment from : Liber 8

6:05 'its imposible to know' if the price will go even lower???brSeriously? I'd say its GUARANTEED to go lower!!!brJust the same as EVERY OTHER MINER HAS DONE, since the very BEGINNING of Mining crypto!!brAs soon as a NEW miner is releasedYOURS WILL GO LOWER!!!GUARANTEED!!
Comment from : Liber 8

I can provide a facility mining with cheap electricity if anyone is interesting in investing in crypto mining
Comment from : Lyes Belhocine

You stated that if the price of bitcoin goes up so will the price of the miners This is understandable, however you fail to mention what if faster miners come out and make your current miner a slow dog, especially when the halving occurs Please give me your analysis one this
Comment from : Puzzle Master

YOU BOUGHT VERY EXPENSIVE
Comment from : Nikos Lagios

but what useful purpose do your machines achieve ?
Comment from : Ian McGarrigle

… until someone in a university or a foreign government finds a way to mine BTC using a quantum computer… Predicting the next global crisis 🤣
Comment from : Daniel

Do you need math for this?
Comment from : KByouknowbaby

It’s so sad that you could pick those machines up now for 1000 bucks each bulk orders If I was you, I would double down, you can buy 38 more machines
Comment from : JR The Electronic Guy

00:16 to answer your question, it was a mistkake
Comment from : G44

nice video
Comment from : cooldragon io

Those antminers will be worth 300 dollars by the time you have your money back in BTC It's hilarious how you expect to break even or even make a profit on these ASIC minersbrJust keep hoping the BTC price will go to above 60k otherwise you have lost money on your investment
Comment from : EaqIe

do you have your minner at your home? or they are on a warehouse?
Comment from : Aladdin

Out of the 21 Million possible bitcoins there are only 2 million still to be mined, no more can be made after this, so it may be to late for anyone looking at this as a good investment
Comment from : Dave 24-7

But you don’t sell the bitcoin hey so the costs mean that your out of pocket expenses are huge
Comment from : Champ

How Bitcoin rewards the loyalists A Bitcoin miner doesn't mine for only profits He or she contribute to the hash power defending the protocol If you mine Bitcoin today and accumulate one Bitcoin your earning is roughly USD 30K Your total cost for mining that one coin is let's say USD 50K, so many jump to the conclusion they are down 20K But the smart ones know that this same 1 Bitcoin will be worth at least a million dollars in a few years The principle is simple,a farmer who plants an apple seed don't get to eat an apple the next day Though he only planted one seed he will get to enjoy apple in abundance in a few years when the tree fruits This is the logic of nature and how it rewards the the discerning in the world
Comment from : fushion M

I'm on a flat fix rate 12 month contract It doesn't matter how much electricity i use, it doesn't fluctuate i have been renewing it for years
Comment from : rg

200w for a computer? Maybe if it’s running windows xp
Comment from : PerksAuto

FAKE FAKE FAKE
Comment from : Epic Legend TV

When I mined BTC in 2012 looking back I was better off just buying BTC Good video 👍🏻
Comment from : Crypto Cafe

bit coin down 29k form 35k in 3 months wow what a loss
Comment from : Heavenly Vibes

Why didn’t you do the hydro cooling modification? 😂 It makes them silent 🤷‍♂️
Comment from : A

Well done on your growth!!!
Comment from : Mark

Where on Earth did he get the idea that a home PC uses 200W per day?
Comment from : ben weston

Im not convinced lol
Comment from : Xi Chang

It sounded like your Roi calculation was wrong so I did the math for you Your investment was $91k, your profit was $26k and the value of your hardware based on your last purchase price would be $76k Giving you a return of 11 ROI
Comment from : Michael Prevot

great video but ouch those are some steep prices for equipment, we are here to help if you are looking to grow
Comment from : Coastal Crypto Mining

I’ve seen mining computers go as low as $500 usd
Comment from : The Struggle Fest

Zero input from you ?? Electric bill
Comment from : Restless dj

So thanks for making me realize mining is terrible - would have been better to just buy BTC and hold 9 months ago - not to mention halving is among us so expect profits to be cut in half
Comment from : Nick Hugg

I purchased $100 worth of bitcoin from silk road in 2005 at 70Cents on the dollarbrI still have my info on a hard drive in a box but probably got ripped off nowbrThank you for sharingbr+1
Comment from : violeman

I wonder how much the return would be if solar was added
Comment from : LOU2U2

Hey buddy, how can contact you plz
Comment from : Mohamed Moha

You would have been better off just buying $92k worth of BTC
Comment from : J Watson

I have a free electricity but I havr only old laptop 😅 can I mine with it?
Comment from : TARIQ Core

The time and efforts vou had put into this work that is bevond excellence Take my cordial thanks You are really an efficient organized
Comment from : Rosefanınebakıyon🤨

They're legitimate
Comment from : Niniøf °•Jennie•°

THANK YOU SO MUCH YOU ARE THE BEST
Comment from : ROBLOX

Slow and steady makes it to the top Good job
Comment from : Elif

Never before have I seen an individual so dedicated hard-working and yet still tenacious at the same time
Comment from : Yusuf Çalkan 2

Plz sho me how can buy and criety account in mining and how can I make diposit using Visa or master
Comment from : Tholithemba Muzi

Gud morning I m south Africa how can create account on Bitcoin mining
Comment from : Tholithemba Muzi

boy you got fkn wrecked actually x2
Comment from : ButtonDeity

Or if bitcoin just drop You lose your investment
Comment from : Advent

Could you make a video about how you prepare for the upcoming Bitcoin halving? The ability to mine BTC grows exponentially and I should be able to start acquiring BTC miners soon, but I am trying to account for the upcoming halving next year I'm not sure if I should wait for more efficient machines to release or if I should just go ahead and start mining as soon as possible and upgrade on the fly? Any advice helps, and great video!
Comment from : Severed Shisui