The “hack” to get cheap power for crypto mining many of us overlook (How hosting works, pros & cons)
One of the biggest hurdles to mine crypto is the high residential electricity prices. However, an often overlooked solution for this is to get your mining equipment hosted at a hosting facility. So, in this video I sit down with @TheHobbyistMiner to discuss hosting for crypto mining. Not only has he visited countless hosting facilities in the last few years, but also has his own personal mining equipment hosted at 4 different hosting companies. We talk about how to get set up with hosting, how much it cost, how to control your miners, pro’s & con’s and a lot more!
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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As an Amazon Associate I earn from qualifying purchases
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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 Cheap power for crypto mining with hosting – Introduction
00:59 Coin Mining Central ad
02:02 What is hosting for crypto mining?
04:30 How much does hosting cost?
07:27 How are you charged for hosting?
08:42 How to actually get set up with a hosting company?
12:03 How do you manage your miners?
13:47 How do you get your mining earnings?
15:18 What if there is an issue?
17:42 What if I want my miner back?
18:50 Pro’s of hosting
24:11 Con’s of hosting
25:02 A big mistake people make with hosting
28:00 One last con of hosting
#cryptomining #altcoinmining #asicmining #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #bitcoin #cryptocurrency #hashrate #coinminingcentral
About The Author
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