Why this crypto crash is GREAT for mining! (How to take advantage of the market being down)
In this video I talk about how you can take advantage of this recent dip in the crypto market as a miner. Crypto prices going down at this point does present some very unique upsides for mining, but more than anything it buys us time to get set up.
πΊ β Previous video: https://youtu.be/IIxE6grn5lM
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βοΈ β [email protected]
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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 How this crypto price crash affects mining – Introduction
00:22 I can’t tell the future
00:29 Why a crypto price crash is great for miners
01:57 Why is THIS market dip great for mining?
02:11 What is actually going on with the crypto market?
05:48 What miners can learn from the 2024 market price increase
06:30 How DOGE mining was affected
07:20 How ERGO mining was affected
07:44 Expensive mining hardware
08:35 How to take advantage of the market dip for mining
09:18 Advantage 1 – Hardware prices
09:50 Advantage 2 – Time & coin yield
10:14 Advantage 3 – Time to build
11:36 My strategy and Coin Mining Central ad
13:31 How to be prepared for a potential upcoming bull market
#cryptomining #altcoinmining #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #bitcoin #cryptocurrency #hashrate #coinminingcentral
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