IS BITCOIN MINING PROFITABLE? WANCHAIN (WAN)! HASHFLARE + CRYPTOCURRENCY NEWS + BTC CRASH 2018


what is going on guys Patrick here
bringing you a brand new video today we got another killer video for you guys
full of information we’re gonna be talking about Bitcoin mining and at the
end of the video we’re obviously gonna do the giveaway you guys didn’t quite
hit 400 likes but you hit 300 so we’re gonna do a giveaway anyways on today’s
video also tomorrow’s videos gonna have a giveaway so make sure you leave a
comment on this video you hit the thumbs up button and you leave a comment on
this video to enter a chance to win tomorrow’s giveaway and of course be
subscribed and have your notifications turned on to get notified when
tomorrow’s video goes live so you guys can go ahead and claim your giveaway now
let’s jump right into the news Tim Draper calls India’s crypto Stan’s a
huge mistake there’s just one article I want to talk about and it’s because I
got a lot of messages with the whole India’s crypto stands what their stance
was how they said they were cracking down on it they wanted to ban it and I
got a lot of messages from people in India who watch the channel asking me
what they should do because you know they they’re kind of stuck in the
situation honestly I don’t know much about the situation I don’t know what
what you can do I’ll keep you updated as I you know as I learn more and as I get
more ideas but I wouldn’t be too concerned cuz I don’t think this is
gonna be too something that lasts very long I think it I agree with Tim Draper
I think it’s a huge mistake and one that like I said I don’t think it’s going to
last very long so don’t worry too much about it and as I said I will keep you
updated on everything as I learned more so now let’s take a look at the market
cap I want to go through this first before we talk about Bitcoin mining
really quick because it is a green day a lot of people happy to see another one
of these things are up six four seven five percent not looking too bad the
total market caps back above two hundred fifty billion dollars Bitcoin dominance
is at forty five point two so Bitcoin doing very very well back up at the
seven thousand dollar range one point I didn’t want to point out though is one
chain one chain is up 23% yesterday I had a call with someone a consultation
call someone and portfolio review call whatever you want to call it and we went
over some all coins out they were looking for a more medium to short-term
strategy to make some money and I said one chain might be a good idea to look
into and this was yesterday now look what happened today
they announced more depth on the on one chain and here we have it 23% increase
some nice profits so hopefully they took action with what I said and if you guys
want to book some consultation calls or portfolio review calls make sure you
check out the link down below be the first link in the description you guys
can go ahead and schedule one of those I think I try my best to give as much
value as possible so hopefully they manage to take advantage of this and
they see the nice profits now let’s jump right into the mining this is actually
what I want to talk about most so I personally I use Genesis mining and hash
flare Genesis mining is sold out so hash flare
is what I’m using right now this is hash flare I’ll leave a link to it down below
if you guys are interested in it I personally still use it and I think it
bit I haven’t had any issues I’m at any withdrawing issues I haven’t had any you
know any issues whatsoever so I kind of wanted to run some calculations because
I think a lot of people are you know misunderstand what’s what what I see in
Bitcoin mining and that is the biggest contract you can buy at one time on hash
flow you can buy like multiple contracts right one right after the other but the
biggest contract you can buy is 110 hash it’s gonna cost you currently $12,000
and that’s you know that’s it’s significantly from what it was before
previous it was 15,000 so it is down significant significantly they did cut
the price to get more people to buy in and I think that’s because they’re
looking at the long term potential in this too so twelve thousand dollars ten
a hundred thousand ten one hundred thousand a hundred ten hash one hundred
thousand Giga hash there we go we’ll get you before any fees it’ll get
you fifty one dollars in profit every single day now that’s awesome but that’s
not what I want you guys to focus on I want you to focus on this this is how
much Bitcoin you are getting now there is there are fees the fee is a fixed
dollar amount so currently the fee is like 50% but as Bitcoin you know price
increases as everything happens I think that fees going to go back down but
let’s just say 50% for fees jump right into it so you’re making 25.91
dollars every single day but again what I want
to focus on is the Bitcoin amount so this calculator doesn’t calculate when
you when they take away the Bitcoin so I’m going to do it without the fees just
to get an idea of what I’m talking about because the the logic still makes sense
so point zero zero seven Bitcoin right that’s what you get and right now
Bitcoin obviously priced at to seven thousand two hundred dollars now if in
the year you will earn two point six Bitcoin right um
and honestly with the fees and with the projection of the difficulty and
everything I don’t think you’re gonna get necessarily much lower than that
even with the fees but let’s say you get two Bitcoin right let’s say two Bitcoin
fair enough we took some we’re gonna do the very
very low ball estimate just so we don’t piss anyone off so to pick when you get
in the course of your 1-year contract you paid $12,000 you get two Bitcoin now
two Bitcoin if you were to buy it right now would be caught it would cost you
fourteen and a half thousand dollars so already that’s a win but what I’m
thinking of right now is two Bitcoin if at the end of 2018 we just said in
yesterday’s video that we think Bitcoin could reach twenty five thousand dollars
that means that you’re making $50,000 often investment of twelve thousand
dollars now the return right there is a lot better and this can be said for you
know you can invest as low as two dollars on this platform and you can run
the calculations yourself to see how much you’re gonna get but this is the
issue I see a lot of people having with Bitcoin mining is that yes right now it
might not be the number one investment but personally I like to have
differentiated investments obviously some I have in all coin some I have in
Bitcoin and some of my money I have in Bitcoin mining and other cool thing is
that you can pay with credit cards you don’t actually have to give up any of
your cryptocurrency and it is another form of passive income which is
something I really really enjoyed now I haven’t covered how to learn in a
wildstylez waiting for the perfect time in the market and I think right now with
everyone panicking about prices dropping Bitcoin price dropping now would be a
good time because the prices on hash flare also dropped which means to use
dollars you can get a pretty solid contract and just wade out and make some
very nice returns you know make it big goes to fit $25,000 each
then you just made $50,000 and Bitcoin does what John McAfee says he goes to
$1,000,000 you’ve made two million dollars I’m not saying it’s going to
those prices but that’s kind of the long-term thinking you have to have it’s
not what happens right now but how much Bitcoin am i earning and then how much
could Bitcoin be worth in the future and that’s honestly what I think is the best
part about Bitcoin mining so hopefully that clears some stuff up guys I think
Bitcoin mining is a great opportunity right now and I’m definitely going to
keep increasing my contracts as much as I can in the coming months just to try
and secure it like I said another form of passive income which will pay me out
every single day in Bitcoin and I can withdraw it and put it in my wallet and
that is that now technical analysis wise we did dip a little below the the red
line right here however we came back up and are now floating around the seven
thousand dollar mark again I think the seven thousand dollar is showing to be a
pretty consistent level for Bitcoin and kind of the level we trade sideways now
we do trade you know we you saw we had one trade up trying to break above it
didn’t work try to break below it didn’t work so holding pretty strong at the
seven thousand dollar mark now you guys remember in yesterday’s video we are
talking about the important dates that we want to see some actual movements
when we think actual movements are going to happen and that is towards the
towards tax day in the US or around the world I don’t know what tax day
specifically isn’t around the world but I’m focusing on the US is April 15th
so between April 15th and April 17th is what I’m looking at seeing some big
movements in Bitcoin price and overall cryptocurrency prices now you guys know
I still have the 20-day moving average here because this is my indicator for
those of you guys who are trying to make you know a quick trade I would use the
20-day moving average as an indicator when when we break above that I think
it’s safe to say that we are going a little bit you know more above it um
that’s kind of the point I’m looking at for us to break through though before
I’m confident and you know see and upward today and see more upward
potential in the short term at least obviously a long
term we all think Bitcoin is going to reach this all-time highs again I think
we’re gonna see that in 2018 no problem I’m still very very confident
in that but for the short term 20-day moving average is what I’m looking at
now let’s go ahead and do the giveaway I know this video was a little shorter but
nonetheless let’s get you guys some free Bitcoin let’s just move my head see how
many 132 unique commenters you guys have been killing it on the video also you
guys can see three hundred and seven so yeah you guys definitely deserve this
giveaway let’s see who wins so a lot of great comments in yesterday’s video
summertime it will be a bull run from a Jody Jones yes I think summertime will
be a bull run and I’m very very very very very excited and preparing my
portfolio for this honest they’ve just been buying up cheap altcoin buying up
cheap Bitcoin and also I’m going to be starting investing in more Bitcoin
mining so guys hopefully you guys enjoyed this video if you did leave a
thumbs up Jodi make sure you comment down below to claim your free Bitcoin I
need to know you’re here on the video make sure you comment down below and
leave the same Bitcoin wallet address and I will go ahead and get you your
free Bitcoin guys don’t forget tomorrow we also have a giveaway so make sure
you’re commenting and hitting the like button on this video – thank you so much
for watching guys I’ll see you guys tomorrow for another video

100 thoughts on “IS BITCOIN MINING PROFITABLE? WANCHAIN (WAN)! HASHFLARE + CRYPTOCURRENCY NEWS + BTC CRASH 2018”

  1. Never even thought of mining seems like such a hassle does seem very profitable Especilly if it hits 13 to 15 grand or even 20 down the line

    1AkeHBYHTpmoAoE3NPb5mhLkWYy9V7FNdq

  2. I watch every video and I love your optimistic point of view. I'm new to crypto and I bought bitcoin way to high so I lost money so far but I'm holding and psaying for a huge bull market!

  3. Already mining on hashflare. Reinvesting for 200 days then taking profits. 1PpU8Liefa4sNvAzz9BXFqT5sbWHxe9unU

  4. Keep kicking myself for forgetting to comment. Each video I forget to comment on it the one picked

    13rxdgfoYwj5YjQoZzsBZGFdS6LhJQqLsa

  5. I personally haven't did mining.. but looks interesting… i should dig more into it…..
    3LSRKH3b6RtBpniJshEdYjni1cvE9AuTQQ

  6. What do you think of the maintenance fee? you should send a messege to Hashflare team to lower the MAINTENANCE FEE. Maintenance fee is very HIGH im getting charged more then $8.85 of BTC daily with 24 Tera Hashes of SHA-256 BTC : 3EAyV5YqJ8KXBu9oaTbF9Pa2N7DmnnypaW

  7. i got into the mining during their spring sale. while it was cheap i said why not. when bitcoin goes back up my profits will too. so will their cost of contracts. so get in while it's cheap!!
    17WKzEFiRk37ydntWvFVzgknAZ1Ni4GiGD

  8. Mining sounds like a good idea… 12 grrr is too rich for this guy. Maybe after the bulls start running I might be able to get in on it.🤓

  9. Looking for another decent dip in BTC before the run . Would like to add to my position .
    3KBiywF7zorwooV2xbWH1Ak9LDviVyjdED

  10. I just bought a 100 hash flare contract lets see where it goes in a year, Thanks for the advice, great video as always.BTC: 3CxESKW11MoTku5LqXC6EaV8NRPkPSah7v

  11. If by end of june we dont get a bull run .. I dont think this year will be good … Anyway that being said .. lets hope to hit 1 trillion this year. 126v3er1ZbPGCQFydz8KvVaymi1qjSMr1S

  12. I totally agree with the bitcoin mining. I definitely have that as another source of income in the long run 1BiiVWiYHD7A3JrsimhgaX2K5ivwYnQAYi

  13. I still don't understand how cloud mining could be better than just buying BTC. Love your vids – Thanks!
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  14. Just got started in crypto but have learned a lot from watching your videos, Thanks for another great one. Also love the BRAVE browser. Keep up the good work! 🤪37qSR3q5dqGEutzimwvVfxmTNNRYgVSC8e

  15. Ive been wanting to look into mining for awhile. I wasn't sure with so many scams out there if it was a safe investments. Gonna look into it again. 12k6jPsxEgiLeP5krjRrgbJHLebhsecgHp

  16. I saw a news that India is not stopping bitcoin trading. I like the Idea that investing in multiple places like altcoins, bitcoin and mining.
    3LSRKH3b6RtBpniJshEdYjni1cvE9AuTQQ

  17. In my opinion is cloud mining only good if you only hodl bitcoin. If you can trade with altcoins, ist that the better way. But if you have both its not bad.
    Thx for your work
    Btc
    16jamyvgNSdr4RYkeMRKJ8Du5Cp1wwbYVB

  18. That's funny. Because I was about to ask you about wanchain. Already steps ahead Patrick.
    Nice video ✌
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  19. I'm still fairly new to investing in Crypto, but you're my go-to watch. Great video. 3D2Q2CoaNgU6JQ9XHCHgzjn4Yj2utdfryw

  20. Watch every day patrick. Keep it up. Hope this bull run happens. Got in in late February and I don't in think I've had a day when my account was worth as much as I had into it.

    3A6FgNPupcAJZyEYJcWco5wAnpqpKtvVSP

  21. Thanks for the video! What’re your thoughts on reinvesting with Hashflare?
    3QuxuWHdTH72fSyx9vi6pmZFhH19cHncrK

  22. why do i want to get 2 bitcoin in a year when i can get them right now by just paying the 12k right now
    1N5pyksGe1AKAUib1exkXbNwkGNUmEQBiq

  23. Quick 10 minutes full of great info. thanks as always dude!
    Btc: 19daSSz5RTMKPGU8h2X8NWQUgTT7oSHnfj

  24. I like mining because you get paid every day and at the end you will have more Bitcoin than you put in. I'll give wallet address if I win lol

  25. Totally forgot about cloud mining! Have a friend doing it. Too focused on buying and holding. Thanks for the reminder! Is there an affiliate ref code I can use on Hashflare, Patrick?

    1CLg7ZQKZCAAD4FVLU357yQ2TQQAS4XtmN

  26. Make money with Shorte!

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  27. i think that people should start calculating their income,profit and passive income in BTC . i mean that's why we all jumped into crypto world . to own and hodl as much as BTC possible . i believe that 2 BTC is a great deal with mining. specially with the problems that ETH and monero is having are having now . BTC has a great potential in increase number of people to start mining.

    BTC: 197SiwsxtJWCtj2P1hgNx1Rw9JCxiKdbXC

  28. I didn't click to hear about the fucking market. I can look at that myself get to what the video title is about.

  29. I was curious about whether mining was worth it. The video put things into perspective
    1FTXLXy5GmtJiZ8j5yDfgSuNdW2DQAHXEG

  30. Great info! Everytime I watch your video I get less depressed about my Alt coins lol..hopefully this year will be a great year for crypto.
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  31. new to the channel, and you are just now doing a giveaway, looks like a good channel 🙂
    BTC adress: 3KC71d8WBp3KxiUNwL3n9BGE63LMbfw9wN

  32. Il check the btc miner now. Iv always been sceptical about cloud mining, but also intrigued. Its something I will defo look more into.
    Another great video!!
    Btc
    14U7Zd8y91rfjRKYMkK64r8Csfwku7Hf68

    Congrats Jody!!!!

  33. Hi Patrick
    Thanks for the videos.
    CCG also reduced their prices for the open ended bitcoin contracts.
    To me it looks a bit better then Hashflare right now.
    I got some mining power in hashflare also, but I think the profits will go to buy more in CCG.

    btc wallet:
    18xg9djtdrC6jVRsw9AhzT86rvvPxaQw7y

  34. Your high energy is a great anti-fud pill, I like wan too, just sold some to get more ONT … BTC 18s9NJGbYJweKx5TTZdXTTQ2ES6xf72m1E

  35. I might give bitcoin mining a try if btc drops to my affordable price range🤔

    19SfiBD9Ahb2whXiASoCM8AzM8MqfnnJ3F

  36. I feel we are a week or two away from the bull run. Great video as always. I'm glad that you emphasized long term thinking when it comes to Bitcoin mining. Bitcoin will increase in value over the years.

    1QGg2h74dH3ouLRHXgJPckU9Vzp3i7NA26

  37. I really want to start bitcoin mining.. I believe this is the best time to do that so that when the bulls arrive.. The BTC mined will be worth so much.. Nice video Pato..
    12Nq6WYLMoqEWCpJ6oXTosq4YeShHSbhni

  38. You put a link to get free Bitcoin. Is this a good site and do use it? I have heard that no one gets anything for free. Thanks

  39. Also do u think Hashflare is the best cloud mining. Maybe do a video comparing the mining sites. Compare fees, price, etc… Thanks
    3QcRNHXKhkWVjJ75C3edbvbcEfS17Kuqji

  40. Thank you for what you do! BTC 1P7gQp1s6au7cMDpQGFgguKUTMo4BxDtPz Patrick I am interested in Hashflare and just not sure how it all works out. I have been to the web sight and I do not see anywhere I would sign for the one year contract. Also it does not look like I have to put any money down and I can just purchase what I want for hash rate is that right?

  41. Man, I would love for McAfee to be right this one time and have Bitcoin hit $1million. If we're all millionaires is it still a big deal? BTC: 15bqQW3gg2irvZnTUbURwZvad3kzJ5dgr2

  42. I've been wanting to start mining for a long time. I think after watching this I'm going to finally jump into it. 1Nadw9Jbfh3TMoRQYquwv2aXjYnuYWPEHE

  43. Not sure in this market anymore has been bearish too long for me to think its gonna be bullish any time soon. I believe in the technology and know it will go up in the future, but unsure for the mean time. As you said if BTC goes above 20 day moving average we might be in a bullish market.
    1GuD4vKbAfRvrt8ZMtJNSRKMnNxSCxNZGv

  44. I think you forgot to say that if you use hashflare a large amount of Fiat is need. Because you need to have 0.05 Btc mined + fees to make a withdrawal.
    Thanks for your videos and facebook page.
    Long live the blockchain !
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  45. Well I found free $6254a money making system that is really working for me>>>pypmon.win/?s0eRqF Try once.

  46. I'm an elderly gentleman, closing in on 50 years 0f age. My son introduced me to Cryptocurrency mining in late 2012. After doing a lot of researching Btc I felt strongly that It had a lot of growth and potential ahead of it. So my son and I built my 1st rig and I started mining in January 2013, pulled $5,000 from my IRA and bought Btc at $13.44 and have never looked back since. The sweetest sound that I've ever heard was the clink of my 1st mined Bitcoin way back when. That was as satisfying a note as there ever was on any musical scale. Nothing but happy days ahead since. Don’t get me wrong, there have been bumps in this Crypto highway, the demise of the Silk Road, Mt Gox, DAO hack to name a few but as a HOLDer (holding on for the long duration) not a HODLer (hanging on for dear life) and not day trading, has rewarded me with quite a decent profit. It just takes a lot of patience (Sisu) and doing your research with due diligence. I have since invested in Ethereum (Dec 2015), Monero (Jan 2016) and lately Omisego (July 2017) all purchased from some of my profits from Btc to go along with my newly acquired free Bch and recently free Omg. I'm currently operating 3 rigs equipped with 6 gpus each. 2 mining Eth and 1 Monero for now, all of which will be re-evaluated after Metropolis kicks in to see which direction I go from here. So I ‘m back to doing more research in order to help with my next moves but I'll always be a strong believer in Ethereum which is where I've made my money so far. HOLDing on to the rest for now. Btc $5,000-10,000, Eth $2,500- 5,000, Monero $200-400, Omg $100-1,000 no one ever really knows but MY research says yes and so far MY research has not proven me wrong. Bought Btc at $13.44, Eth at .80, Monero at .48, Omg at .43 Bch for free. No where to go but up for me. Just biding my time. It's taken me over 4 and a half years to get here but I've made over $4,000,000 so far with just my original investment plus the cost of my rigs and I’m still sitting on a lot more. Taking a position and HOLDing is where the real profit is and it isn't going to happen overnight. So if you want aggravation and ulcers go ahead and day trade, try and beat the Market I wish you luck but the real money comes with Research, HOLDing and Patience. Hope this advice helps because in the long run what it all comes down to, its just Eths, You and Me hopefully making the right decisions, feel free to get in touch with me via [email protected] .com, i will surely guide you on how to invest wisely in cryptocurrencies that will make you more profit at the moment.

  47. this sounds to good to be true, be very very careful, i would stay away from this , their is no way you can put 12 k in and get a million out id BTC goes to silly prices, they wont have the money tp pay every one whos doing this

  48. Hi, with 100 TH contract you will earn 51$ per day but you will pay 35$ pool fees, thats 70% of your profit.
    in reality you will earn 16$ a day !
    100 TH contract is-it still profitable as BTC difficulty grow up and price go down ?

  49. I have invested 2 months ago in hashflare but the proble is that you can not withdrawal less then 500 dollars. So if you invest for excemple 100 dollas wat is my case you will never wil take the money when the year past so you lose your money o think.

  50. Do you know that with the help of Mr Gavin Tyler Antminer Hardware,you can mine 0.2 Bitcoin to 1 Bitcoin within two weeks?
    you can contact him for more info using this email ([email protected])

  51. Hashflare not so profitable now but when bitcoin rises everyone will be wishing they did mining . 3DiWRwx9MKxKheLDj5om9H1zFi261Vzd83

  52. So if u have the opportunity to have 1.7 btc right now or 2btc in one year, u will go for the one year option? And if the worst happens to hasflare? Shotdown or whatever? U spent $12k and end the up with maybe less than the 1.7 that u could have buy today…

    Don’t know, right now if I had the money to get 2 bitcoins or to mine it, I think I’ll just get the coins and if it goes to $1000 or $25000 still I don’t see the huge benefits of mining it like that, unless u built ur own computer, then 100% yes

  53. "Three More Countries Join Planned Lawsuit Against Internet Giants For Banning Crypto Ads" Thought you might have a comment or two on this headline in your next video. Hope you get this. dont have an email for you so this is only method for contact.

  54. I advise anyone never to invest in any Bitcoin mining sites and trade platforms because they are all scams, the best way to mine your coin is to keep your coin and mine directly from your Bitcoin wallet. Mining just got easier with the antminer s9 hardware. Contact me for info and I will guide you on how to mine directly from your Blockchain wallet. Email: [email protected] or whatsapp: +18326373111.

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