Market Talks: Insights on Cryptocurrency Mining with VoskCoin’s Drew Vosk

In this week’s episode of Market Talks, Cointelegraph welcomes Drew Vosk, the founder of VoskCoin, a popular YouTube channel dedicated to cryptocurrency with over 607,000 subscribers. We dive deep into the world of crypto mining from Drew’s unique perspective.

Challenges Faced by Home Miners

Drew shares candid insights about the challenges he encounters while mining Bitcoin (BTC) at home, as opposed to using industrial mining setups. With soaring electricity costs, we discuss the viability of investing in solar mining farms: Is going solar worth the investment for long-term savings?

Diverse Mining Strategies

As a multifaceted miner, Drew doesn’t just focus on Bitcoin; he also mines various other cryptocurrencies. We explore his mining strategy to remain financially viable during such turbulent market conditions. What “winning” tactics can he share with those looking to enter the mining space?

The Impact of Recent Crypto Market Turmoil

Switching gears, we delve into the differences between centralized finance (CeFi) and decentralized finance (DeFi). Drew describes how he has been impacted by the recent wave of bankruptcies in the crypto landscape and shares his views on what this spells for the future of both sectors.

Looking Forward to 2023

With a new year approaching, we discuss what changes need to be made to enhance the profitability of mining cryptocurrency and whether 2022 has indeed been the toughest year on record for miners. Will the worst still be ahead, or is it time for a rebound?

Engaging with the Community

For anyone considering cryptocurrency mining or setting up their own mining rig, this episode offers invaluable insights from someone who has invested significantly into mining and has experienced the market’s ups and downs firsthand. Don’t miss out on the chance to get your burning questions answered during the live stream!

Join Us Live!

Market Talks streams live every Thursday at 12:00 pm ET (5:00 pm UTC). Each episode features interviews with influential figures from the crypto and blockchain industry. Make sure to visit Cointelegraph’s YouTube page to catch the latest insights, ask questions, and engage with our community.