Is Mining on ASICs Worth It? - Mining Adventure Part 3

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  • Опубликовано: 5 июн 2024
  • Thanks to Skillshare for sponsoring this video! Get your first 3 months of Skillshare for $0.99 at skl.sh/2n8FT4t. This offer is valid until Feb 15th!
    Mining was for a long time a GPU only game, but with ASIC miners seemingly everywhere these days, are they actually profitable?
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Комментарии • 3,4 тыс.

  • @ENDESGA
    @ENDESGA 6 лет назад +3667

    "We'll be back in a week"
    "okay, it's been 16 days"
    Nice one Linus

    • @blameburr8722
      @blameburr8722 6 лет назад +260

      ENDESGA Linus never learned how to count

    • @battlebunnykai2295
      @battlebunnykai2295 6 лет назад +9

      Beat me to it.

    • @nelsoncurrie
      @nelsoncurrie 6 лет назад +9

      It came out on floatplane like a few days after

    • @gerardob7364
      @gerardob7364 6 лет назад +4

      Linus tech is bobby zimmeruski from the Goofy movie :')

    • @ChrisThe1
      @ChrisThe1 6 лет назад +8

      He literally never gets back to anything in time.

  • @arccrenshaw8391
    @arccrenshaw8391 6 лет назад +1605

    Canadian week = 16 days... I learn so much from this channel...

    • @jimboi8114
      @jimboi8114 5 лет назад +22

      @@vek7933 He was joking

    • @user-fr4cg2xj2w
      @user-fr4cg2xj2w 5 лет назад +5

      EP11 pen guns XD

    • @harleyme3163
      @harleyme3163 4 года назад +1

      ? sunday to monday... 7 days like everywhere else

    • @drevil8223
      @drevil8223 4 года назад

      EP11 pen guns got trolled so hard

    • @liambrooks3458
      @liambrooks3458 4 года назад

      @@deanrobert2909 I used the services of an outstanding account manager/trader to ensure a successful trade, i'm so excited at the outcome, Her transparency amazes me alot, I got my payout exactly 7 days after my investment just like she said she is a genius, it can't go wrong with Dr Sarah Perkins handling your investments. Quit doubting and earn big with Drsarahperkins at gmail com

  • @imhatepie
    @imhatepie 6 лет назад +577

    "m-master do you need a knife?"
    "o-oh ok then, nevermind".

  • @alexkirk2500
    @alexkirk2500 6 лет назад +2094

    conclusion, if you want to turn electricity into money, grow weed.

    • @balisticren6155
      @balisticren6155 5 лет назад +47

      You dont even need electricity for weed lmao

    • @zoiderama
      @zoiderama 5 лет назад +66

      Dude... rly? You can smoke the poor outdoor weed than. have fun

    • @liveuntetheredmusepodcast4832
      @liveuntetheredmusepodcast4832 5 лет назад +25

      You are dumb as fuck,..oh I forgot you smoke weed.... you are one of those....

    • @432pro
      @432pro 5 лет назад +82

      Ah, yes, smoking weed = Dumbass. Good to know that Elon Musk has approximately 1 brain cell!

    • @constantgardener7198
      @constantgardener7198 5 лет назад +16

      You do realize one of the most successful growers in Colorado is open about not smoking right Google it lol

  • @noahbaumgartner4102
    @noahbaumgartner4102 2 года назад +1416

    Hodl your crypto and get a miner like spcminer and that's all you'll need

    • @lucha0075db
      @lucha0075db 2 года назад

      Is the SpcMiner legit? The specs look so unreal

    • @von...
      @von... 2 года назад +7

      deffo a scam everyone btw

    • @kertiz74
      @kertiz74 Год назад

      hey guys! Could you please help, I'm a beginner and about to order Litecoin Miner L7 from unigrade, how much LTC will I get in a month? Does anyone have that one?

  • @austinevans
    @austinevans 6 лет назад +3188

    ™️

  • @aidanfrench6679
    @aidanfrench6679 4 года назад +126

    0:40 that man just got rejected

  • @PPPPPPPPPPPPPPxk
    @PPPPPPPPPPPPPPxk 4 года назад +175

    For anyone watching in 2019, the difficulty as of 2019-06-27 is 7.93 trillion.

    • @Snagoot
      @Snagoot 4 года назад +49

      2020 here and it’s 13.8 trillion

    • @zerovikings5852
      @zerovikings5852 4 года назад +4

      Not My Name in short the only way to earn with bitcoin is to buy a lot of gpus

    • @Snagoot
      @Snagoot 4 года назад +1

      Overhyped Anime and be prepared to let those gpu’s sit there and do nothing

    • @tarfoncas
      @tarfoncas 4 года назад +15

      @@Snagoot already 16 trillion

    • @thatonezeldafan5275
      @thatonezeldafan5275 4 года назад +4

      @@zerovikings5852 no its not asic miners are the way to go

  • @norek7226
    @norek7226 6 лет назад +867

    This really reminds me of the gold fever in america, when the gold was almost depleted. So people who sold equipment to miners made more money than the goldminers themselves.

    • @kendexter
      @kendexter 6 лет назад +10

      Soo true :)

    • @radbug
      @radbug 6 лет назад +58

      Norek ive thought the same thing since day one of bitcoin mining. its like a pyramid scheme, only the people who got in Right at the beginning are going to end up positive.

    • @BillAnt
      @BillAnt 5 лет назад +23

      Actually according to historical documents, MOST money was made by the equipment suppliers from the beginning to the end of the gold rush. It may not be a scam in the traditional sense, but definitely has shut out the average person without access to expensive equipment. I'd imagine it as a narrowing pipe, with the difficulty level getting higher only the strong and rich folks will squeeze through the narrowing pipe, and ultimately succeed.

    • @SERIDIAhmedYahia
      @SERIDIAhmedYahia 5 лет назад +2

      how fucking old are you!

    • @liveuntetheredmusepodcast4832
      @liveuntetheredmusepodcast4832 5 лет назад +6

      This is nothing like that,.. we have another 100 years, before all the bitcoins will be mined... people are selling machines now, because they are watching the markets, and they think bitcoin is going to crash and burn? LMAO... Bitcoin is here to stay, it will always go up and down just like Gold. It's still, and always will be higher than it started at! So you people are DAF! lol ..but thanks for the cheaper hardware!

  • @SamSto
    @SamSto 6 лет назад +1706

    0:40
    *Denied*

  • @stopdropandgame9506
    @stopdropandgame9506 3 года назад +50

    imagine if they came out with a miner that cost $50,000 and Linus dropped it then acted like it was no big deal

  • @georgiohenderson5998
    @georgiohenderson5998 5 лет назад +38

    I prefer to run in my Asics than mine in them, i'm not a minor anymore

  • @SlimedogYT
    @SlimedogYT 6 лет назад +66

    I'm pretty sure Linus put out this video to get miners to move to ASICS so that the gamers could once again buy their GPUs. Thank you Linus.

    • @bustablocks1242
      @bustablocks1242 2 года назад +4

      annnnnd we see this comment aged well

    • @SlimedogYT
      @SlimedogYT 2 года назад +4

      @@bustablocks1242 like milk. My PC build is STILL on hold. Fuck.

    • @Cloudrak
      @Cloudrak 2 года назад +2

      ​@@SlimedogYT me two

    • @BrockTheTrainer
      @BrockTheTrainer 2 года назад +1

      @@SlimedogYT *sees date* Jesus... Pain.

    • @SlimedogYT
      @SlimedogYT 2 года назад

      @@BrockTheTrainer for realll

  • @teodorosantos9821
    @teodorosantos9821 6 лет назад +1061

    But can it mine crysis?

    •  6 лет назад +10

      god bless you for this comment teodoro xD

    • @BillAnt
      @BillAnt 5 лет назад +17

      No, it would just create a mining crisis. tsk tsk

    • @zhurs-mom
      @zhurs-mom 4 года назад +8

      Crycoin 999999 times harder to mine then emerald blocks

    • @ishan21212
      @ishan21212 4 года назад +1

      Teodoro Santos Oooh 😮...but can it handle minecraft?

    • @dreamcat04
      @dreamcat04 4 года назад +1

      Probably not, I don't know. LOL 😂

  • @L33T_Taco
    @L33T_Taco 3 года назад +4

    Linus: *Brings guests over*
    Guests: "Why does it sound like a jet engine in here?"
    Linus: "Dont worry bout that"

  • @alexren4252
    @alexren4252 3 года назад +42

    0:39 he just ignored that guy trying to be helpful...

  • @LennyG2006
    @LennyG2006 6 лет назад +318

    Just remember who made the money in the gold rush, the hardware suppliers.

    • @brrebrresen1367
      @brrebrresen1367 6 лет назад +31

      many of the ASIC producers have also been caught mining with customers equpment for some time before shipping of the product.
      some even up to several months (know personally someone that preordered an ASIC miner that was obsolete when it reached him and had over 5000 hours on it)

    • @DriveCancelDC
      @DriveCancelDC 6 лет назад +6

      Dumb logic, already made lots of money and covered all my hardware costs.

    • @Drone1Media
      @Drone1Media 6 лет назад +6

      smart, that's always true you stand to profit way more providing tools for mining than you ever could actully minning

    • @asic_miners
      @asic_miners Год назад

      @@ReptilianLepton that’s incredible,admire…

  • @TheTimtam112
    @TheTimtam112 6 лет назад +29

    6:50 Trying to put a dust filter on a mini fan, the struggle is real.

  • @galliancost2310
    @galliancost2310 2 года назад +39

    Investment is the stepping stones for success. Waiting for the government to provide is total waste

    • @christopheriyoriobhe8945
      @christopheriyoriobhe8945 2 года назад

      I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert miss Anna

    • @christopheriyoriobhe8945
      @christopheriyoriobhe8945 2 года назад

      Miss Anna have been handling my account for years now

    • @cliffordgary4338
      @cliffordgary4338 2 года назад

      wow I'm just shock someone mentioned and recommended expert Miss Anna, I thought I'm the only one trading with her

    • @cliffordjoe668
      @cliffordjoe668 2 года назад

      she helped me recover what I lost trying to trade for my self

    • @markduff4118
      @markduff4118 2 года назад

      indeed she's an expert

  • @Sam-by4xd
    @Sam-by4xd 6 лет назад +79

    Asics would be really effective with solar panels wouldn't they?

    • @kenzieduckmoo
      @kenzieduckmoo 4 года назад +5

      yep. most solar arrays can be bought for a few thousand (or cheaper if you're not planning on powering anything but the mining circuit) and then power is negligible cost

    • @YaFunklord
      @YaFunklord 4 года назад +18

      The cost of solar power is higher than normal power from water and nuclear. Most miners nowadays have free electricity for some reason.
      Cryptocurrencies based on processing fake work need to die out for the sake of humanity.

    • @cfzone8685
      @cfzone8685 4 года назад +7

      @@YaFunklord Solar power doesn't cost anything... It'll pay back itself in a few months

    • @YaFunklord
      @YaFunklord 4 года назад +12

      @@cfzone8685 Now that is just plain dumb, go back to school.
      No such thing as a free lunch, you'd know that if you understood science.

    • @cfzone8685
      @cfzone8685 4 года назад +17

      @@YaFunklord Do you have a solar system? Because I do, and it paid itself back in a few months.

  • @kaylasal1484
    @kaylasal1484 6 лет назад +294

    "And no Austin that's not trademarked"
    "I'll see you in court" -Austin

  • @AntonMakesStuff
    @AntonMakesStuff 6 лет назад +77

    So to summarize: don't mine, it's more profitable to manufacture ASICs

  • @VladSvoka
    @VladSvoka 6 лет назад +8

    In the end, NVidia & AMD are getting huge sales from miners, which mean more money for video card companies. Mining complexity rises so fast that soon miners would be forced to use specialized equipment, leaving us with nice graphic adapters to enjoy.

  • @squidwardo7074
    @squidwardo7074 5 лет назад +10

    I had a mini mining rig with a gtx 1050 ti that I hid in a cafe for almost two months before the gpu died from running at 80 degrees constantly.

    • @g1sbi
      @g1sbi 5 лет назад

      kUsHL0rD 420 what were you mining? I just started mining with my 1050ti

    • @xavierfreis
      @xavierfreis 5 лет назад +1

      how much did you make?

    • @coows
      @coows 4 года назад +2

      My gpu runs at 60C constantly while overclocked while mining. Also, it's 1 GPU, don't kill me

  • @MakersMuse
    @MakersMuse 6 лет назад +16

    Classic case of selling the shovels. SOMEONE's making bank, but it's not the people buying these.

  • @1698990
    @1698990 6 лет назад +120

    MISSION FAILED, WE'LL GET 'EM NEXT TIME 0:38

  • @Shane-Singleton
    @Shane-Singleton 6 лет назад +2

    Something also to note is the difficulty increase. That will really push the ROI out exponentially. Unless you can get the units for retail right when they come out and have access to really cheap or free electricity then the ASIC's aren't really going to be a good investment for the hobby miner. Unless you plan to almost immediately flip it on ebay for an inflated price. which, honestly, isn't a bad idea. GPU rigs, as noted, are easy to part out and re-sell. And the secondary market on GPU's right now is fairly inflated so the prices are pretty high. Mostly due to GPU miners.

  • @mrwang420
    @mrwang420 4 года назад +2

    I admire your and your teams efforts Linus. Your tips and reviews are amazing and totally needed.

  • @user-oc2cw9wm4d
    @user-oc2cw9wm4d 6 лет назад +22

    It ain’t just miners taking the GPUs. Its also regular folks who could give a crap about gaming or mining who have bots buying the GPUS so they can make money reselling.

    • @jamesp5644
      @jamesp5644 6 лет назад +6

      X4 Gaming but they wouldn't be doing that if they're wasn't miners buying them.

    • @terabera3390
      @terabera3390 6 лет назад +4

      Miners and gamers.
      See the whole system was built to house just gamers and that's all it did for decades. So with any influx of people. Or people just deciding they want 2 cards instead of 1 now. It was gonna hit a crash.
      In this case though it's 5x the sales numbers if not higher and really they just need to make more cards. But they won't because high demand low supply is amazing for their bottom line.

    • @manvillercwingchun
      @manvillercwingchun 6 лет назад +1

      I'm sorry but if they are making bots to scalp the market that's not regular people.

  • @Sam_on_YouTube
    @Sam_on_YouTube 6 лет назад +309

    You know who made money in the gold rush? Just enough miners struck it rich to draw in others, but those others mostly went broke. The real money went to the people who sold the equipment. Same thing in the bitcoin mining rush.

    • @TheRileyg98
      @TheRileyg98 6 лет назад +12

      The guys who made the equipment were those who originally made a mint off of bitcoin when it was nothing like what it is now. They self-funded the ASIC development, as it costs millions in R&D but they were rich.

    • @distorta
      @distorta 6 лет назад +6

      Sean Price That is the dumbest analogy ever. You're comparing apples to oranges, in this case, apples to microchips. People lost everything because there was limited gold and work to go around via man hours. Levi was rich because he invested money in a idea and it worked. Bitcoin and other cryptos are going no where as they cannot be forgotten. Look up what decentralized and deflationary means. Beats paying $20 for a loaf of bread in 25 years because fiat money is a scam

    • @contra8053
      @contra8053 6 лет назад +3

      ya, but, bitcoin is running out. soon you won't be able to get bitcoin from mining and the market will crash.

    • @distorta
      @distorta 6 лет назад +5

      Cool story bro, there are other cryptos other than Bitcoin. Bitcoin is running out and that is what makes it a deflationary currency. One day the dollar will crash and virtual currencies will be king.

    • @Tjecktjeck
      @Tjecktjeck 5 лет назад +2

      I have 0.13 btc leftover on my multiwallet soft since i bought some stuff many years ago, when 1 btc was at 90 bucks and i forgot the pass i made -_- Honestly, i doubt it was a civil person who made this crypto crap, i personally suspect Chinese government. I wonder how severe will the impact be when crypto collapse, because history show all cash pyramids inevidently end up like that. But the difference is that crypto-pyramid is tousands of times bigger than anything that was created before.

  • @GTFour
    @GTFour 5 лет назад +11

    Can you revist this and tell us how it got on :)

  • @rhueoflandorin
    @rhueoflandorin 6 лет назад +1

    so optimally, the best solution is to use GPU mining, and to resell the GPUs once they've paid themselves off+ some small figure (say $1,000), so you can essentially continue to profit on the sale of the used gpus. (and by which time newer GPU hardware (with better hashing ability) will have come out, which you can then re-invest and repeat?

  • @shivnillal3601
    @shivnillal3601 6 лет назад +136

    R.I.P. The guy behind the shelf offered a razor blade to open the boxes...lol

  • @thaiwin6173
    @thaiwin6173 6 лет назад +472

    I need this Bitcoin market to crash so that I can upgrade my PC without selling my car.

    • @tenshi7angel
      @tenshi7angel 6 лет назад +100

      Better to keep your car, get a job, and soon enough, you will have a computer, and not know what to do with all this money you have just sitting around. You might even start investing. Just don't get a girlfriend tho, those take money and then some more. When you put money into a woman, you don't get a good return. Just look at the divorce statistics.

    • @Busy_Paws
      @Busy_Paws 6 лет назад +25

      tenshi7angel You aren't funny.

    • @tenshi7angel
      @tenshi7angel 6 лет назад +85

      Good, because I was not joking around.

    • @spicketspaghet7773
      @spicketspaghet7773 6 лет назад +25

      Perhaps they do already have a job? Besides, a job is no excuse for infinitely rising prices. Would you be happy if your precious bitcoin suddenly quartered in price? No, you wouldn't, it works both ways. This mining garbage has doubled the price of EVERY decent gpu. 1070s are over 1 grand, they were like 500 at launch. Imagine if car prices doubled, suddenly nobody has a car.

    • @shahabazkhan1
      @shahabazkhan1 5 лет назад

      Brother.. is that you ??

  • @andrewszombie
    @andrewszombie 4 года назад +3

    "Oh shut up Im not gonna drop it" aww poor linus 😂😂

  • @user-bj3pq2si2l
    @user-bj3pq2si2l 4 года назад +7

    9:37 And today, they cost

    • @KAMIKAZE-dk8xd
      @KAMIKAZE-dk8xd 4 года назад

      Why what happened is the profitability gone now?

  • @laithjebril7217
    @laithjebril7217 6 лет назад +396

    Still waiting for those 3 PCs he left running for a year

    • @PhilArttz
      @PhilArttz 6 лет назад +8

      Same here man!

    • @alanahiguess5380
      @alanahiguess5380 6 лет назад +4

      Same

    • @andi4541
      @andi4541 6 лет назад +9

      Part 2 will never happen

    • @alexvillalobos7137
      @alexvillalobos7137 6 лет назад +4

      They forgot them lol

    • @laithjebril7217
      @laithjebril7217 6 лет назад +19

      M A Luke built 3 PCs each with different fans configuration (positive, negative pressure and a balanced one) and supposedly left them running for 1 year to see which one is better, there's a video about it posted last year

  • @uss_04
    @uss_04 6 лет назад +311

    06:00
    Most of the mass is heat sinks and cooler
    Mass Effect

    • @Hybris51129
      @Hybris51129 6 лет назад +27

      "I'm Commander Shepard and this is my favorite cryptocurrency in Citadel space."

    • @gerardob7364
      @gerardob7364 6 лет назад +4

      Linus tech is bobby zimmeruski from the Goofy movie :')

    • @stevenawtrey1742
      @stevenawtrey1742 6 лет назад

      Dacterian Credits

  • @jbooks888
    @jbooks888 5 лет назад +2

    Here in Australia, electricity is 30c+ per kWhr so I guess that totally excludes all chances of making a profit with any kind of setup.

    • @chrishannan5745
      @chrishannan5745 4 года назад

      Would be possible where there is plenty of sun and use solar. Would need batteries.
      Again this would make it almost pointless unless you had 1000s of them.

  • @chrisfontaine6221
    @chrisfontaine6221 6 лет назад

    Thanks for doing this series guys, you're deff my favorite tech channel

  • @RGBeanie
    @RGBeanie 6 лет назад +364

    I bought an L3 for £2000 and sold it on Ebay for twice that lol. Invest in ASICS :P

    • @sebastienberger2890
      @sebastienberger2890 6 лет назад +21

      TurboGamingUK that's quick easy money ;)

    • @mmenjic
      @mmenjic 6 лет назад +33

      Linus should compare this, buy / sell / buy / sell ..... vs buy -> mine -> trash can :)

    • @MatejKebe
      @MatejKebe 6 лет назад +4

      Yea did the same with the A3 Somebody actually paid me 3800€ for that one.

    • @DriveCancelDC
      @DriveCancelDC 6 лет назад +3

      That's not that crazy, the A3 will certainly earn over 3800 Euros over its lifespan, the people who got them early will already be halfway to ROI.
      What is comical is people paying $5000 for used Antminer S9s even though Bitmain regularly release batches of them for $2280.

    • @MatejKebe
      @MatejKebe 6 лет назад +1

      True but you can get one for 900€ delivered in march. Doubt that in 45 days you will make the 2900€ difference unless we see SIA moon.

  • @EVRLYNMedia
    @EVRLYNMedia 6 лет назад +93

    0:39 lol he tries to hand you a knife but you open the box with the keys lol

    • @juusojarvela6761
      @juusojarvela6761 6 лет назад +26

      CalculatinGenius he has a knife on his keys

  • @NiclasHorn
    @NiclasHorn 4 года назад

    this is AWSOME i had S1 and S2 early on :) now they just collect dust in the basement in my house :)

  • @awidesigns
    @awidesigns 2 года назад +1

    My S9 has been solo mining non-stop 24/7 for the last 4+ years. Might seem like alot of wasted power, but it hit 1 block (6.25 coins) about a year ago. Im leaving it going till it just burns itself up, it def paid for itself...lol On the other hand my Z9's and Z11 cant even cover there power costs at this point.

  • @thekoalaracer7634
    @thekoalaracer7634 6 лет назад +23

    Well the S9 used to be worth it when it was 1490 USD, since the large price bump it seems hardly worth the investment anymore.

  • @noah_the_nerd
    @noah_the_nerd 6 лет назад +13

    Shoulda started your video with "HEY GUYS, this is Linus!"

  • @thomgarcia4983
    @thomgarcia4983 3 года назад +7

    Huncho green has really been of help to me in this pandemic period, i can now pay my Bills.

  • @beersbreaks8501
    @beersbreaks8501 4 года назад +1

    i would love to see an update to this video. i am can find an s9 for 10% of what it was in 2018. would love to know if this is still a thing

  • @mtktm
    @mtktm 6 лет назад +391

    Reselling GPU at a "fraction of the cost"... In this climate I have to disagree. I bought an Radeon RX 480 2 years ago for $200. They are selling on the used market for $450. And my GTX titan (700 series) is still going for $400 used.
    I should have invested in GPUs 2 years ago :p

    • @damdamcz
      @damdamcz 6 лет назад +55

      mtktm yeah, but if the crypto crashes to a level that is not profitable anymore, than there will be a shit ton of rx470/480/570/580 and all of the nvidia cards for literarly a few bucks a piece. Right now there is around 10 500 000 GPUs world wide mining crypto.

    • @Emitremmus29
      @Emitremmus29 6 лет назад +22

      You should have gone the next step and invested in Nvidia as a company. Via capital gains alone they are up 150% in less than 10 months. For that matter I'll never know why anyone would consider any form of crypto mining after about 2012 or so. Once ASIC's came on the scene and corporate interests got involved the cost benefit ratio became ridiculously risky. Every now and again some derivative cypto like etherium makes a splash and everyone rushes to that side of the ship, it is effectively the same as playing penny stocks and hoping you get in early on the next big thing.

    • @LysergikFuneral
      @LysergikFuneral 6 лет назад

      That's not what he said or meant.

    • @Emitremmus29
      @Emitremmus29 6 лет назад +1

      My comment was intended to be directed to the op but youtube comments is doing something hinky and only showing some replies when I comment.

    • @texasdeeslinglead2401
      @texasdeeslinglead2401 6 лет назад +2

      mtktm you ain't never lying . I have a Casio calculator that does adding and subtracting and weird basement turds are peeking at it with glee through my windows.

  • @dylannguyen1317
    @dylannguyen1317 6 лет назад +17

    First Austin does a bad sponsor transition now Linus is saying “but is it worth it”! How did you two switch bodies

  • @baccarah7010
    @baccarah7010 4 года назад +15

    Imagine you were the only person with this kind of thing in the world when bitcoin came out.
    Thats literally printing money.

    • @ahmedal-maliki4232
      @ahmedal-maliki4232 3 года назад

      You'll basically take control of the network, you will have enough computing power to ulter the blockchain in your favor.

  • @makke_macro
    @makke_macro 5 лет назад +1

    Dude! I've been watching your channel whole day :DDDD ITS AWESOME!!!! u got new subscriber!

  • @courn1205
    @courn1205 6 лет назад +102

    "We are gonna come back in a WEEK."
    16 days later...
    Edit: Lol

  • @ericdeltoro8484
    @ericdeltoro8484 6 лет назад +605

    You know what, I've changed my mind about cryptocurrency. I hope better ASICs keep coming out with better hash rates so it drives the difficulty even higher still to the point that it makes gpu mining unprofitable at every level of perfomance, driving down the price of GPUs back to their normal prices. :) Good job ASIC devs!

    • @AsamiImako
      @AsamiImako 6 лет назад +83

      This is precisely what I thought to myself watching this as well. "Good, eventually these ASICs will make GPUs worthless for mining and we can finally have our MSRPs back again."

    • @ericdeltoro8484
      @ericdeltoro8484 6 лет назад +9

      Anthony Flagg Yay! I have someone on my side! :D

    • @starlarkyt
      @starlarkyt 6 лет назад +38

      Unfortunately the alt coins that he talked about cannot be mined with ASICS such as Ethereum due to the way they were set up

    • @ericdeltoro8484
      @ericdeltoro8484 6 лет назад +6

      Ashton Herron Not yet at least, I bet someone's working on an ASIC to mine any one of those.

    • @tenshi7angel
      @tenshi7angel 6 лет назад +20

      +Eric Del Toro
      You're talking about creating an application specific hardware device, that does essentially what a graphics card does. The reason you cannot use ASIC miners on those coins, is because they require different types of calculations. You would essentially need to re-create a graphics processor to do it.

  • @Thomas-rc9sc
    @Thomas-rc9sc 6 лет назад +1

    5:46 *Looking at Heatsinks* Wow Cool!

  • @frosty9392
    @frosty9392 4 года назад +1

    i still use my shitty old ones as super complicated space heaters in the winter (sometimes lol)
    i set them up mining for something like curecoin, or one of the other sciency things that need miners

  • @HudsonGTV
    @HudsonGTV 6 лет назад +149

    **GPU Prices go back down after this video**

    • @mtktm
      @mtktm 6 лет назад +3

      One can only hope $900 for a new or used 1080 is crazy to me

    • @DeathBringer769
      @DeathBringer769 6 лет назад +14

      "We have no effect on the market. We just make videos" ( ͡° ͜ʖ ͡°)

  • @newbytr
    @newbytr 6 лет назад +36

    YEAHH Stay away from the Graphic CARDS!!!

  • @Raylightsen
    @Raylightsen 2 года назад

    Very easy to understand
    I wonder if linux has more videos of this topic.

  • @alexandrelartigues9259
    @alexandrelartigues9259 6 лет назад +6

    0:41 Hello darkness my old friend

  • @rahulkr1515
    @rahulkr1515 6 лет назад +239

    well...it can't run crysis😂😂😂

    • @4450krank
      @4450krank 6 лет назад +7

      nope but it could make a mineing crysis... ill show my self out

    • @andrewsommers8298
      @andrewsommers8298 6 лет назад

      Neither can your wore out 1080.

    • @Huggogz
      @Huggogz 6 лет назад

      ehm yes it would???

    • @LegendaryOutcast
      @LegendaryOutcast 6 лет назад +3

      BUT WILL IT BLEND?!

    • @vjc1218
      @vjc1218 5 лет назад +1

      nor can it run minecraft ;)

  • @TheGamingCat1477
    @TheGamingCat1477 6 лет назад

    Just wondering, is it possible for the warehouse to have solar panels? Thought it would be cool to see how mining costs are with one or two solar panels hooked up to some miners.

  • @garrynutter860
    @garrynutter860 6 лет назад

    Nice video, Where did you get the filters from ? Please.

  • @djwaters22
    @djwaters22 6 лет назад +543

    Well i think ill pass on mining coins. To expensive to get start this late

    • @yasharghaffari114
      @yasharghaffari114 6 лет назад +25

      There are so many coins at few cent that will cost over a $1 next year. And with BTC price drop they all dropped %50 in value, so I would disagree

    • @nikaross7646
      @nikaross7646 6 лет назад +126

      Hes talking about mining not investing in coins...

    • @DriveCancelDC
      @DriveCancelDC 6 лет назад +16

      This isn't late, this is still early in the grand scheme.
      But yes, with ASICs you *need* to buy them very early, as in, you need to be among the first or at worst, second batch of buyers who get them. Otherwise you'll be buying them after the amount of return per day is much, much lower. The S9 isn't a bad buy at all though as BTC will certainly go much higher in the future, the Bitcoin it earns will be worth a lot more later this year I think.
      Linus should have mentioned how important buying an ASIC early in its life is, honestly all these LTT crypto videos have been pretty bad with poor rig planning (that 13 GPU + 3 PSU machine is terribly inefficient) and a lack of critical info.
      Why would they buy a D3 and L3 over two more S9s? It makes no sense at all, the S9 is more profit, there is little reason to buy the other two. C'mon, LTT.
      The S9 is an exception to the rule as it's like 18 months old but still earns a good amount even with the BTC price in the gutter.

    • @TRawrXhellcat
      @TRawrXhellcat 6 лет назад +6

      13 GPU doesn't require 3 PSU's you can get the new EVGA P2 2200 WATT for 13 gpu connections and 13 GPU slot mobo. all one rig.

    • @flyinghigh2000
      @flyinghigh2000 6 лет назад

      I got in asic with s3 then upgraded to 6 s5. The wait list and price got ridiculous.

  • @mondskiez309
    @mondskiez309 6 лет назад +24

    In a Gold rush, the one who sells pick axes and shovels always ends up getting rich..

    • @tcideh4929
      @tcideh4929 3 года назад

      The difference in this is that without mining you have no currency or transactions.
      So people should mine just to support the Alt coin they like the features of, the payment from mining is just a cherry on top.

  • @triplecheeseburgerwithfries
    @triplecheeseburgerwithfries 6 лет назад +2

    Where did he get the fan covers?

  • @NiclasHorn
    @NiclasHorn 4 года назад

    pretty loud is a understatement :D
    the sound of mining (printing you own money) :D

  • @LEON-cf4px
    @LEON-cf4px 6 лет назад +6

    0:38 "All Around Me Are Familiar Faces"

    • @yinnx6079
      @yinnx6079 6 лет назад

      Worn out places, worn out faces

  • @Skund79
    @Skund79 6 лет назад +5

    Imagine how many GPUs will pop up on ebay when the bitcoin bubble will pop

    • @davewol678
      @davewol678 6 лет назад +1

      Skund bitcoin has nothing to do with gpu mining

    • @ponyslavestation2973
      @ponyslavestation2973 6 лет назад

      Skund If the bubble would pop, most of miners would just mine diferent coins, or simply turn the miners off and wait till the valeu comes back.

    • @douglhorvath
      @douglhorvath 6 лет назад

      That's not how bubbles works DarthBloodyVader...

    • @andreia157157
      @andreia157157 6 лет назад

      gold must be the biggest bubble in history of humanity them and it didn't even burst.... yet

    • @ponyslavestation2973
      @ponyslavestation2973 6 лет назад

      Doug Horvath Ok, the ppl who repayd for their gpus by now with mining, would just turn the miners off, but the ones who didnt, they would sell their gpus. Thats about right.

  • @rhys.davieswork
    @rhys.davieswork 6 лет назад

    should we mine with SLI bridge on graphics cards or would all cards being stand-alone be better?

  • @dciking
    @dciking 5 лет назад +2

    can you come back to mining? did you sell off you equipment or keep it running? how has your profitability changed over the last 14months? how do the RTX cards compare? try mining with the Titan cards you have, how do they compare? i look forward to an update video!!!

  • @Kcimor78
    @Kcimor78 6 лет назад +124

    Linus gets gpus for free, so he can mine at pretty much no risk

    • @YaFunklord
      @YaFunklord 4 года назад +6

      Most mining has been unprofitable without free hardware and free electricity for a long time.

    • @economiaemquarentena4592
      @economiaemquarentena4592 3 года назад

      @@YaFunklord this comment has not aged well (bitcoin over 40K, has reached over 65K, will probably be going even further)

    • @YaFunklord
      @YaFunklord 3 года назад +2

      @@economiaemquarentena4592 Still not profitable unless you steal graphics cards and electricity. And with a global ban on cryptomining coming up, also stupid to invest in.

  • @loganlampkin6506
    @loganlampkin6506 6 лет назад +9

    Hey could you do best 3d printers of 2018? I'm trying to find the best one and there are so many different reviews. Help please?

    • @mtktm
      @mtktm 6 лет назад

      Research which controller board each one uses (if they even list them) about 99% of them are using atmel based boards. Look for one that has an ARM base controller, or one that can be replaced with a ARM base board. If looking for a board to upgrade to, look at smoothieboard.

    • @jeffbabes6390
      @jeffbabes6390 6 лет назад +1

      what are you going to print? tall stuff? maybe a delta if so, i own one i think it does a great job and can print up to 30cm in height and a bed with 18 cm radius

    • @TonGi018
      @TonGi018 6 лет назад

      Bought a Wanhao Duplicator i3 in early 2017, very capable machine at 350 bucks, you only need to put in 2 screws to assemble it (literally 2). But the CR10 has come down in price and also does very good prints at an even larger size 30x30x40cm vs only 20x20x18cm on the i3.

  • @DistantThomas
    @DistantThomas 6 лет назад +1

    The text behind the creeper was "I still prefer dogecoin, tbh" in comic sans.

  • @zoltaerdei9857
    @zoltaerdei9857 5 лет назад

    Linus i have seen all the 3 parts of mining adventure but i dont know what to do when i got the pc and plugged in to network + power . So what i have to do ?

  • @ayylmaotv
    @ayylmaotv 6 лет назад +254

    Cryptocurrency killed graphics card prices

    • @lolol1725
      @lolol1725 6 лет назад +25

      Ayy Lmao you must be new here

    • @fixfel5787
      @fixfel5787 6 лет назад +17

      Pro Genji YOu must be new here

    • @geforde69-letsplay
      @geforde69-letsplay 6 лет назад +12

      true but someday the bubble will pop we hope

    • @TheZombie2415
      @TheZombie2415 6 лет назад +7

      Pro Genji don't go out spouting nonsense it's fact if you said company doesn't fullfill the demands then you're dumb fuck that haven't read latest nvidia concern

    • @19TheJohn93
      @19TheJohn93 6 лет назад +14

      and is accelerating climate change....

  • @MrZoichi
    @MrZoichi 6 лет назад +11

    But can it mine gold and silver? I hear there is money in those as well.

    • @ax2bxc
      @ax2bxc 6 лет назад

      Go wear ppe and go underground.

    • @hawke6195
      @hawke6195 5 лет назад

      Don't mine directly below you tho, and bring torces

  • @flykope9211
    @flykope9211 6 лет назад

    “...back in a week”
    *crickets
    *couch

  • @tom42069777
    @tom42069777 6 лет назад +2

    0:00 "So.. tell me what you want, what you really, really want"
    "I'll tell you what I want, what I really, really want!"

  • @kittypanlover6170
    @kittypanlover6170 6 лет назад +12

    0:38 hello darkness my old friend.... i've come to talk with you again.

    • @kittypanlover6170
      @kittypanlover6170 6 лет назад

      Danny Devito why are you so rude? *slightly rubs her tail on your chin*

    • @kittypanlover6170
      @kittypanlover6170 6 лет назад

      Jorge Carlos Bustillos why is everyone here so aggressive? *Hugs her pride flag* my gf says I'm a very likeable person

  • @cerealfamine1
    @cerealfamine1 6 лет назад +9

    Butterfly Labs Jalapeno paperweight owner here.

  • @thegolflife7565
    @thegolflife7565 4 года назад

    What do you recommend between bitmain, innosilicon and baikal?

  • @truthfilterforyoutube8218
    @truthfilterforyoutube8218 6 лет назад

    Just a suggestion, but i'm laughing at the dust screen attempt. I think you would be much better served by putting a dust shroud around the entire lower shelf pillars ( bulk bug screen comes in a role) and creating a hard air tight lid on top of the encasement an access port

  • @pranav9068
    @pranav9068 6 лет назад +56

    I can't build my first ever pc now because of mining can't they just lower the prices of gpus a bit?
    PS:i miss your build guides :(

    • @james2042
      @james2042 6 лет назад +3

      if youre in the US then go to a microcenter, they will sell the gpu at retail price if you spend 500 dollars on the rest of the components (if you plan on building a 600 dollar gaming rig, the gpu's you would use are not effected by mining anyways)

    • @meemo4556
      @meemo4556 6 лет назад +4

      James Mastroianni affected* and they still are. GTX 1050 Tis that cant mine for shit are still sold out or 5x overpriced

    • @james2042
      @james2042 6 лет назад +2

      Logan, I am aware they have a slight price increase, but its just due to them being the only gpu's that aren't mining, so naturally more gamers will buy them. 229.99 (the average on newegg) is less than a 50% increase in price. Link to the cheapest one there below:
      www.newegg.com/Product/Product.aspx?Item=N82E16814133640&ignorebbr=1&cm_re=gtx_1050-_-14-133-640-_-Product.
      Also you can get a 1050 non ti or a rx 560 for 139 dollars (which is about 20 dolllars or 18% over retail) linked below:
      www.newegg.com/Product/Product.aspx?Item=N82E16814137058&ignorebbr=1&cm_re=gtx_1050-_-14-137-058-_-Product
      www.newegg.com/Product/Product.aspx?Item=N82E16814150813&ignorebbr=1&cm_re=rx_560-_-14-150-813-_-Product

    • @pranav9068
      @pranav9068 6 лет назад +2

      James Mastroianni but you can't deny that there is a gpu shortage and there is a lot of chaos in the market due to these overpriced gpus

    • @james2042
      @james2042 6 лет назад +2

      PRA ARORA I would account the 1050(ti) and rx 560 price increases to dram price hikes more than mining and actual gpu shortages.

  • @yonski1042
    @yonski1042 6 лет назад +80

    Rip energy sources

    • @fatetestarossa2774
      @fatetestarossa2774 6 лет назад

      NICE

    • @surelock3221
      @surelock3221 6 лет назад +10

      still waiting on those solar panels to get gud

    • @ax2bxc
      @ax2bxc 6 лет назад +3

      Rip environment. We are mostly still running on non renewable sometimes pollutive power plants

    • @Patrick-pm6ue
      @Patrick-pm6ue 6 лет назад +4

      hope we get solar panels made specifically for cryptomining

    • @coows
      @coows 4 года назад

      @TheShinobiCode and cold fusion

  • @haleguyer1363
    @haleguyer1363 6 лет назад +6

    No Linus, when the profitability is gone it becomes a space heater not a paper weight

    • @DragonProtector
      @DragonProtector 6 лет назад +1

      yup

    • @ddeboy002
      @ddeboy002 6 лет назад +1

      I thought it became a noise maker to drown out background noise. leave it plugged in just remove the ethernet cable and close your wallet account so you don't get robbed.

  • @levmatta
    @levmatta 6 лет назад

    5:50 "Linus never leraned to count (send help)" LOL

  • @lightyagami8435
    @lightyagami8435 6 лет назад +14

    0:39 - 0:42 when somebody leave you hanging on a date.

  • @hugask
    @hugask 6 лет назад +5

    Linus Mining Tips

  • @Jake-yv9mo
    @Jake-yv9mo 5 лет назад +1

    Where can I get my hands on one of these my friend

  • @ztoogemcducc6360
    @ztoogemcducc6360 2 года назад +1

    Humanity is just really eager to burn down the Amazon rainforest it seems

  • @ianmcian3840
    @ianmcian3840 6 лет назад +24

    0:40 me inside

  • @nallernaller3853
    @nallernaller3853 6 лет назад +6

    Does anyone else see that ledger nano s on linus's keychain

  • @maulerrw
    @maulerrw 6 лет назад

    4:05 Don't forget those warranty stickers mean nothing from a legal standpoint due to the Magnuson-Moss warranty Act.
    removing or breaking them does not void warranty, the only thing that does is if something occurs which is user caused damage.
    Saying that, it may just make your life harder as you have to argue with them about it, so best avoided if you can.
    BUT, you are still well entitled to your warranty

  • @CZARNYEU
    @CZARNYEU 6 лет назад

    Interesting Video. Is it worth to mine any crypto on GPU in laptop (GeForce GTX 860)?

  • @Fregatte86
    @Fregatte86 6 лет назад +4

    Difficulty to the moon

  • @guiguilamisere2527
    @guiguilamisere2527 6 лет назад +3

    00:40
    LOL

  • @Longbowgun
    @Longbowgun 6 лет назад

    For mining CureCoin and FoldingCoin you have to use GPUs. For Folding@home the algorithms are much more complex and are prone to change. ASIC based folding isn't really possible.

  • @firstlast-cs6eg
    @firstlast-cs6eg 5 лет назад

    Can you not simply mine with your regular PC with one video card during idle times? Or even mine while using your computer during low video card demand use, mining with spare resources?

  • @fredoguan6702
    @fredoguan6702 6 лет назад +5

    6:43 I Know you really like dropping things...