I like this area. However, as with every giant grouping of particular person individuals, there are some things that I’ve been discussing that proceed to go ignored by a lot of the area. In terms of collaborating in extremely aggressive arenas it’s these individuals that see alternative the place waters are undisturbed that may discover success. Particularly when different individuals select to low cost these methods.
What we might be discussing listed here are two very fundamental matters:
- web optimization and Digital Advertising and marketing
- Use of hedging methods
Bitcoin Miner web optimization and Digital Content material Advertising and marketing

Supply: https://datareportal.com/studies/digital-2023-global-overview-report
That’s ⅔ of the world inhabitants utilizing the web. What’s your major use for the web? Discovering info. How do we discover that info at present?

Supply: https://datareportal.com/studies/digital-2023-global-overview-report
We flip to serps. Which search engine particularly? Google.
Google makes up a whopping 78% of all on-line search site visitors. When was the final time that you just searched “bitcoin mining” or “hashrate”? — Do your Googles.
The outcomes are abysmal. Frankly embarrassing. Who’re the first “sources” we get by Google for such searches?
- Investopedia (okay, I assume)
- Toptal (by no means heard of them)
- Bankrate (by no means heard of them)
- Bitcoin[dot]com (crypto change wannabe and former BCH shill; not a very good supply)
- Cointelegraph (bleh)
- Blockchain[dot]com (puke)
- Binance Academy (yucky)
- Forbes (uninformed)
- Hashrate[dot]no (shut nevertheless it’s “crypto” mining so, swing-and-a-miss)
- CoinDesk (bleh)
Not a single bitcoin miner. Not one. Not on Web page 1 nor Web page 2 – and that’s already 100% deeper than most individuals are keen to go on a Google Search. We don’t even get any of the Bitcoin Mining organizations or establishments that declare to be championing the trade! After we google “oil manufacturing” or “oil & fuel manufacturing” we get a mixture of various establishments that monitor the trade in addition to the companies themselves corresponding to Aramco. However with regards to bitcoin mining we provide zero course to the typical web surfer, whether or not that’s the CEO of a potential enterprise or a congressman’s staffer. No surprise no person is knowledgeable, nor needs to be told! We aren’t serving to ourselves in any respect.
BTC Miner Model Consciousness
This poses a large failure by the trade as a complete. If almost 2/3 of the worldwide inhabitants makes use of the web, and 78% of the search site visitors is thru Google Search and our outcomes are not directing searchers to bitcoin miners or the trusted establishments.We’re FAILING. Bitcoin miners want to be positioning themselves as the first educators and sources for: what’s bitcoin mining? how does it work? what’s the {hardware} used (ASICs)? how does the subsidy distribution work? what’s SHA-256? and so forth.
By positioning themselves to be the first supply of knowledge for gaining understanding, bitcoin miners stand to ascertain model consciousness by the information-seeking stage of the bitcoin/bitcoin mining rabbithole. Which is crucial and influential second in any potential bitcoiner’s journey.

Supply: https://giphy.com/gifs/blue-adventure-time-rabbit-swtiK9jRfE0zS
Most significantly, it permits potential purchasers of a bitcoin miner’s companies to achieve understanding and weigh-out the potential advantages of integrating bitcoin mining into their present operations.
Secondarily, it permits for every bitcoin miner (ought to they so select) to supply their very own particular person arguments as to the worth of bitcoin mining, present market occasions, and their companies rendered. Which is basically… gross sales. Hats-off to these of you who recognized that is environment friendly.
Loads of bitcoin miners, each particular person and cooperate, interact in exercise on social media platforms like Twitter (it’s not “X” I’ll by no means name it “ex” that’s such a silly title for a social platform), however they aren’t driving exercise in direction of their very own web sites. It’s a number of peacocking, which is important – I get it, nevertheless it needs to be getting directed to their web sites the place their websites act because the trophy instances. Utilizing a Twitter feed as a trophy case simply leads to your prizes getting buried beneath the algorithm. Not to mention on the opposite social mediums like LinkedIn, Instagram, Snapchat, or TikTok. There are metaphorical TONS of explanation why bitcoin miners need consideration being pushed (by hyperlinks, put up shares, and many others.) in direction of their web sites. And there are 10 occasions as many explanation why our miners needs to be bragging from “right here ‘til Underverse come,” – gold star for those who bought that reference.

Supply: https://tenor.com/view/if-you-say-so-vin-diesel-chronicles-of-riddick-riddick-cool-gif-21757479
There may be a whole ecosystem that’s content material advertising, web optimization, and Google Analytics. What’s extra: these methods take time. Time for the algorithms to determine the entire essential metrics in direction of web optimization or digital advert campaigns, to determine issues like: what works (key phrases), what doesn’t work (adverse key phrases), and which demographics are those trying to find our key phrases most. Time to refine methods and approaches to keep away from paying the egregious costs that Google suggests from soar. And time to determine what works and what doesn’t. Which means that the longer bitcoin miners ignore this vector, the extra alternative they provide their rivals to ascertain dominion and take their lunch out from beneath them.
Then there’s the matter of our miners’ web sites. Not precisely the prettiest women on the ball, for those who catch my drift. Many are sufficient to get the job finished, and a few even present a very good quantity of related info. However that’s simply it, they’re sufficient. However with regards to all issues bitcoin, sufficient will not be sufficient. We’re behooved to hunt excellence, in all issues. Every particular person and every bitcoin firm is a consultant of this trade, the neighborhood’s individuals, and of the asset itself.
All people are wired to guage the worth of an entity (whether or not it’s a person, a crew, or an organization) by the style by which they current themselves. If we purpose to carry our world to the next commonplace beneath bitcoin (hell, who am I kidding – a lot of larger requirements), then we should maintain ourselves to larger requirements as effectively. Miners can accomplish a lot by sprucing up their web sites a bit, adjusting hearth on the subject of how they make the most of social media, and utilizing the content material of their web sites to maximise search engine site visitors. It feels like rather a lot, and it’s, however it’s not essentially an costly tab. It merely requires people which have taken the time to start to grasp how these video games are performed, after which letting them refine their strategy.
Not taking the time to garner as a lot on-line consideration as potential will hamstring any, and each, bitcoin miner in the long term. Their most probably rivals that may take this chance? Their present companions. Extra particularly, the companions which might be vitality producers at present, like Exxon, Chevron, Shell, and many others. these gamers have the vitality era already. As soon as these events decide they will mine with out a third social gathering and so they can carry their very own in-house technicians, then present miners will start to lose market share or get acquired. Shedding market share is shedding energy and shedding earnings. Two issues that present miners cannot afford to lose.
Sufficient will not be sufficient. Excellence is required.
It is a visitor put up by Mike Hobart. Opinions expressed are fully their very own and don’t essentially replicate these of BTC Inc or Bitcoin Journal.