BTC Mining app vs Go mining vs Buying Bitcoin

all right so what is up ladies and gentlemen welcome back to the brandoncoin YouTube channel and if you haven't seen before um I've done a couple reviews and like some updates on some Cloud mining apps and I've always been super super cautious about them because they can disappear just as fast as they pop up now one of the most popular ones is the BTC mining app that's the blue icon one on the apple and the Android store um but I kind of wanted to make a video where I layout and show this and I'll do updates over time and um just see how it is you know in a month 6 months eight months a year and see what ends up winning in the long run because everybody's like just mine the Bitcoin just buy the Bitcoin so let's let's do it um I've thrown a little bit of money at each of these let me bring up my spreadsheet right here so I can show you guys and there it is so so far I have the BTC mining app and I've invested about $300 with like taxes and fees and stuff I think this one went slightly over it was like 3 305 or 306 um and that's bringing in 799 Satoshi a day I do want to caveat that with the fact that this is when BTC mining app was doing the buy 1 get one free hash rate sale so right now if you invested this identical amount you would be making exactly half of what you would be making um if you would have bought it you know like a month ago um since I already have that and also it has been clarified by their team that they will be bringing these sales back from time to time uh that would be you know that's what I got so that's what we're going to roll with now on expenses uh they don't take out any expenses um apparently that's already figured into your payout so that's zero per day estimated daily profit hold on estimated daily profit is right at 79 cents a day because bitcoin's floating around that you know ,000 price point now as we go on I'll add days over time but amount earn earned to date we're going to start from today 799 satoshi's this application does not vary uh much of what you earn every day it's pretty much spoton um I could be maximizing this a slight bit more I don't watch the advertisements every day uh I just always forget about it so I could be adding a little bit more to that but I'm not unfortunately now um this is what most people say just buy the Bitcoin so I went ahead and bought $300 worth of bitcoin I got 3,055 Satoshi um there's no daily expenses or daily profit uh and it's just going to stay at 311,000 Satoshi every single day we're not you know there's no staking there's no earnings but it also doesn't cost us anything so you know take that with a grain of salt uh and we'll see what ends up being better in the long run um now some people are saying mine it and the new Nano 3s had just come out from uh Canan Avalon and um this one does six terahash they cost about 300 bucks give or take depending on which manufact or which reseller you get them from and at 6 terahash right now is going to earn you about 314 Satoshi a day I will have to update this as time goes on because with network hash rate going up or going down we can earn more or less Satoshi so our expenses this bad boy Burns 140 Watts that is 34 cents a day that means our daily profit we're actually losing 3 cents a day but we are stacking Satoshi so right now this one as of today has 314 Satoshi and last but not least this is the one that I was originally gave a really critical and a not a great review because I didn't like the interface after I've given it more time um we're going to give it give it a shake because a lot of people think uh that go mining is a a legitimate long-term play for cloud mining just to be clear go mining and BTC mining app are Cloud mining but um just because they're on the App Store I've seen where people like oh it's on the App Store it's legit just because it's on the App Store just because you can you know it's got a website and it's got you know an LLC and all this stuff ladies and gentlemen don't invest money you can't afford to lose these apps could be gone tomorrow we've seen it in the past it can happen again I hope it doesn't but just uh don't put money in that you can't afford to lose please now on this app it earns a more uh realistic 444 Satoshi a day to get to the $300 price point I got the $279 minor and then I did the efficiency upgrade on it which after tax and like the uh the little apple fee ends up being right at around 300 bucks now that means uh this one earns 444 Satoshi a day it earns 21 cents in electricity so it's profiting 22 cents a day and as of today we have earned 444 satoshi's I'm not as familiar with this app if it's going to vary uh depending on network hash rate like uh traditional real mining does uh but we'll see how this goes in the future I originally thought I would include a GPU in here to go against them uh but there's literally like no GPU that's actually even remotely close to break even right now GPU mining is is really really in the tank and it'd be a highly specul specul speculative play um so for right now we're just going to keep it all about Bitcoin buying Bitcoin versus uh yourself mining Bitcoin versus Cloud mining Bitcoin so that way it keeps it All Uniform across the board and as of right now Bitcoin is floating at about 100,000 this video has been recorded on February 12th 2025 who knows I might do a six-month or a one-year update and you know Bitcoin might be 500,000 or it might be 50,000 nobody knows but anyway ladies and gentlemen I hope you all have a good one I will mark it on my calendar and we'll probably revisit this I don't know we'll we'll do a week update just to see how everything's going and then we'll probably transition over to monthly updates after that so y'all have a good one I'll see you on the flip side adios

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