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Hard Drive Mining Profitability in 2023 (Chia XCH Earnings on Compressed Plots)

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Getting started with #Chia farming? Checkout our Budget Guide for Windows! youtube/HkwDnhhfye4 Comment from : Digital Spaceport

Wait why would you pay taxes on crypto? Does the US allow you to pay your taxes with crypto? You shouldn't have to keep track of how much crypto you make, the only time a government entity should be involved is if you choose to cash out into fiat (USD in your case) as that is the only time you are making what they would consider to be actual earnings I guess there might be reasons to pay taxes on what you could consider an asset when farming if they let you write off electricity and equipment costs, but I'm not sure how they would even do that when the fiat value is a constantly moving target Pay taxes on what you convert to USD, that's fair, otherwise, it's really none of any government's business that doesn't recognise it as a currency and accept it as such Comment from : Andy Hamm

I love your video but I am a bit new to this and must of missed it, but are you able to tell me what something like one 16 or 18 TB hard drive would make? I am trying to see how many hard drive I would need in order to make something like $100 a day Thanks! Comment from : Jophiel

Do you have a statrtr video for today? For those people that never mined CHIA and wahts too? The softwares?! Plotting in SSD? HD? GPus?!! A simple tutorial?! Comment from : Juliano Caju

I'm very jealous of your low power pricesbrbrIf Chia ever gets its use cases and becomes popular, do you expect profitability to average, higher, lower or the same as current?brBy my math the profitability currently sits around $031/TiB/Month (before power etc) Comment from : Thomas Aagaard

I had horrible luck on space farmers Over 4 months I only hit 2 blocks at 198 and 167 luck So now im trying flexpool no blocks yet but higher daily reward gonna test them for the next 4 months Comment from : Bake

Got 25 XCH mined since 2021 with 200TB WD usb expansion drives Recently added 600TB and replot to C8! Comment from : YC

1699 plots, I've mined 28 xch I had a crappy 2022 but so far in 2023 I've won 5 times Comment from : Trouser Snake

Solo farming with 32 XCH in 152 days with DIY 540TB or 30 x 18TB of storage, 217W at the wall 4950 STD size plots For next month will add 1924 STD plots with 10 more hard drives Comment from : Dan B (YoungOldMiner)

thanks for adding the link to the budget guide for windows, I guess I missed this onebryou must of knew I was coming back to ask about are you Sure you don't want to sell me one of your old ones lol :) Comment from : Kirk McIntyre

Congrats (and thanks) on the lucky month!! Comment from : Slowest Timelord

Hey 👋 Comment from : Romain SEB

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