Why Mining Bitcoin in 2020 Was Genius (But Not Anymore)

#bitcoin #btc #cryptomining Sign up for ViaBTC Pool here: https://cutt.ly/vrjXMWfH Check out TerraHashes for a great deal on mining hardware: https://cutt.ly/4eVLc3Eu Promo code GEEK saves you 1% too Reach out to Terra Hosting for a trust worthy team to host your ASICs with, tell them GEEK sent you: https://terrahosting.io/ Ever wondered if mining Bitcoin was ever actually worth it? In this video, I break down the real-world numbers behind Bitcoin mining profitability — comparing machines like the Antminer S17, S19, and S21. Using ChatGPT and historical data, we look at power costs, block rewards, and Bitcoin’s price over time to figure out if mining in 2020 was the genius move… and why that might not be true anymore. 👷‍♂️ Whether you're a home miner, crypto investor, or just curious — this breakdown might change how you see mining forever. 💬 Drop your mining war stories in the comments — or your regrets. Chapters: 0:00 ⏯️ Intro Question 0:46 🧠 Mining Basics 2:26 ⚙️ Hardware Breakdown 4:01 📊 Profit Comparison 6:00 🔄 Buying vs Mining 8:35 🚫 Why It Changed You can support me with affiliate links, and get cool stuff at the same time: https://linktr.ee/GeekOfAllTrades https://geekofalltrades.carrd.co/ Check out the Github for walkthroughs and setup guides: https://github.com/TheGeekOfAllTrades ***DISCLAIMER*** This is NOT financial advice and I am NOT a financial advisor. Some of these geek projects are expensive and can be risky. Crypto Currency is very volatile and the prices change daily. Please do your own research before investing!! THESE VIDEOS ARE MADE FOR ENTERTAINMENT & INFORMATIONAL PURPOSES ONLY!!!