Published On Jun 26, 2022
Bitcoin mining sounds like a passive income dream, especially with companies like Compass Mining offering stress-free hosting. However, after crunching the numbers, mining Bitcoin isn't quite as profitable as I'd hoped.
00:00 - Intro
1:33 - My Bitcoin Approach
2:03 - Bitcoin Mining Costs (Compass Mining)
4:07 - Daily Bitcoin Mining Earnings
5:54 - Calculating Future Bitcoin Mining Earnings
13:22 - Expected Bitcoin Mining Earnings
14:30 - 3 Year Bitcoin Mining Earnings
15:58 - Bitcoin Mining vs. DCA (Dollar Cost Average)
21:01 - The Verdict
21:54 - When Bitcoin Mining Wins Against DCA
23:56 - Watch Next
🚨 Subscribe to the channel: https://bit.ly/2SfWumJ 🚨
•••••••••
💎 FTX US: https://link.blockfolio.com/9dzp/hu7w...
(Earn 8% APY, FREE COINS & Discounted Trading Fees)
🌽 Celsius Network - $50 in Bitcoin!:
https://celsiusnetwork.app.link/10308...
(Referral code: 103086df5b)
🥧 Get $30 on M1 Finance (with $1,000 deposit):
m1finance.8bxp97.net/tyler
•••••••••
This video is meant for informational purposes only, and is not a recommendation to buy or sell any security or cryptocurrency. It is also not a research report and should not serve as the basis for any investment decision. Additionally, I earn commissions for purchases and sign-ups made through the links above.