What does $100,000 Bitcoin mean for crypto mining?
In this video I sit down with @TheHobbyistMiner to discuss what Bitcoin hitting $100,000 actually means for crypto mining. How does this milestone affect our mining strategy? Is it time to start taking profits? Should you keep mining altcoins? That and more is what we dive deep into in this video.
Please note: this description contains affiliate links, which means if you make a purchase through those links, the channel gets a small commission at no extra cost to you. Using these links helps support the channel, thank you!
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None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is for entertainment purposes. You do things at your own risk & are responsible for your own actions. Do your own research.
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00:00 BTC $100,000 changes crypto mining – Introduction
00:38 Coin Mining Central
02:22 Are we in a bull market?
03:34 Bull market vs altcoin season explained for miners
05:44 Is it time to start taking profits? Or keep holding?
08:33 Strategy for selling to lock in profits
14:24 Should you mine & hold Bitcoin or altcoins right now?
20:34 Is it still a good idea to buy hardware? What to buy?
#cryptomining #altcoinmining #bitcoin #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #cryptocurrency #hashrate #coinminingcentral
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