Building a $50,000 Crypto Mining Rig
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- Опубликовано: 12 ноя 2021
- My $50,000 Crypto Mining Mistake
Zero to Making $100k Per Month at 18 I Biaheza Story:
• Zero to Making $100k P...
My Dropshipping Course:
biahezacourse.com/
This video is no shape or form financial advice, it is strictly intended for entertainment purposes only.
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I just made it free to scroll back up to smash the like and subscribe button (offer ends soon)
I can’t wait to finish building my rig
Hey biatreezy 😍
Biaheza, odds you Stake my comment
oh thanks!
I hate always paying to do that!
L
God my FOMO is always so high after watching one of your videos
Swear 😂💯
Our parents said money doesn’t grow on trees, so we made it happen.✊🏼
A lot of stuff was left out here. Make sure to do your own due diligence. Power consumption becomes a problem for bigger rigs that run on a single circuit. Running 6 3090's on the same 20A circuit would be pushing your 80 percent safety limit, and that's without anything else running on the circuit. Make sure you have the proper electrical infrastructure before you start plugging stuff in. Also overclocking wasn't really touched on and that alone could increase your MH by 10 percent per card. You would just need to find out each cards overclock limit before it crashes.
oooh and don't forget about how hard graphics cards will crash in prices when Ether start stacking
I believe he might have used auto overclocking/community overclocks on hive not sure since didn't told that.
100 mhs to 125 by overclokcing
@@Andre-jp4yt didn’t know you were a fortune teller! Did your crystal ball tell you that prices will crash? Because everyone’s been waiting for a couple years now for GPU prices to drop and they just seem to continue climbing, with retailers upping their prices to match and get in on the profit too. Doubt retailers will drop prices at all.
@@lowdaan5604 i am future man gpu prices are below msrp today 😆
The Vitaly cut aways kill me everytime 😂
With the prices of gpu going crazy, just holding the gpu’s is an investment in itself 😭
True 😂 bad news for genuine gamers tho
If I had GPU's right now I would sell, eventually the prices are going back to normal
@@aiuwhdawiou Honestly if it weren't for this crypto boom those things wouldn't be as expensive, supply vs demand coming into play here,the rich who can afford to pay and then the manufacturing company are the ones who are profiting from this
@@MrBazukaz Lol its not even the company thats taxing they were selling 3080s for 600$ Its the resale thats going for 1-2k+ people use bots to sell out a website as soon as 3080s* become available hence why you can never find it on there website
@@aiuwhdawiou I think that'll start happening in 3 ish years honestly. And for a brief dip moment when ETH goes POS but will go back up in price once more people realize they can just mine other coins for slightly less profitability
I wonder how many people genuinely believe Vitaly the youtube prankster owns etherum after this video
i did ngl
Frkn told a friend because I believed it
Had to do a quick google search haha.
😂😂😂
He had me for a second ngl 😂
I think you should come back here in 9 months and make sure you update your math on this to include your electric cost and some of the other things that are going to happen on your adventure.
just going to point out that the reason your rigs are crashing most likely is because you have your core clock or memory clock set too high or voltage on either set too low or temperature getting too high, your rig shouldn't crash at all, even after 7 days of mining, if your overclock is stable. Usually you want to reduce your core/memory clock or increase your voltage if your system crashes and see if it stops crashing after changing it. The risk to not making it stable is that eventually one of your cards might eventually get bricked because of it or reduce it's life span because your gpu temp will fluctuate a lot causing internal metal components of the card to expand and contrast constantly.
Bia, if your computer keeps crashing, buy some display adapters for the 3090s because it will emulate a display, causing them to shut down way less often. They are also only a few bucks each. Worth a shot. Worked for me.
Most people’s $50,000 mistakes happen on spring break in Cancun.
what do they spend 50k on?
@@adibr2020 coke
i've never seen 50k of any currency in real life
and sometimes they marry them.
Great video, the fact that you explain the mistakes that you made is very nice. Hope a lot of people, who want to start mining will see this.
I love your videos. King of grinding.
My boy Biaheza 🐐 no 🧢
yoo i love ur vids and ur the guy that made me try dropshipping:)
I learned a lot from your videos throughout the years man..
Its not gonna be worthless, other coins will still be minable after ETH 2.0, it's just that their profitability won't be guaranteed.
Also, you can always resell the GPUs
We cab resell the GPUs at a much much cheaper price because it will be a 2018 sell off all over again
The end got me crying!.... I love Biaheza so much lmao
I don't know much about crypto but I love these videos, keep it up!
island boy at the end top tier 🏝👏🏾
Love the wallet seed phrase at 1:31
Shhh
Isn't this like leeking the adress to his house?
@@minialeks123 its like him giving you his debit card and pin number
thanks bro for fighting against high gas prices
Love your channel 🔥Also, digging the rosary
biaheza the only inspiration i need
Haha I love the Vitaly photoshops every time.
Bro it is not even Vitaly Buterin on a photo
Yeah it's the other vital
Video posted 1 minute ago...
10 minute long...
Comments : "great video bro" , "wow nice video" , "so much information "
After the comments going back to watch the full video to see what Biaheza actually talks about:)
Biaheza buying YT comments confirmed.
@@rkmh65 Video is litelarry 10minutes long tho
@@rkmh65 any video about crypto gets tons of bot comments, the creator doesn't have to pay for them.
Been waiting for this video
Thank you for the breakdown!
Would be cool to see you do an update on your mining plan now that the merge has happened!
true
You cant make profit not worth
It can be both the opportunity of a lifetime and a terrible financial decision.
Just depends where you invested your coins...
Great Vid Biaheza!
The ending got me, biaheza the meme king 🤴
Another great video! *Typed with proper form*
Every time this man posts a mining video the market dips or crashes
lol
Biaheza is goals!!!
TrynaA maKe it to the CrYpTo EyelandD.. love Biaheza ♥️
Oh my gosh, your editing!!! 🔥🔥🔥
if eth does actually do that then it might be a good idea to invest in other crypto for some epic gains
You have to make a short series on opening a laundromat. Those videos go wild and "supposedly" returns for laundromats are high. Plus would be great content to watch :) *hits the woe*
Please please please make more videos about mining. The videos you make about them are the best videos on RUclips
Did you account for the cost of overhead such as electricity and anything else?
did you put the knocking sound on this one? last one scared the shit out of me
i took your financal advise and got my own mining rig
Great video and good luck mining
I actually thought Vitaly was Ethereum's founder for weeks because of your videos...
Hey I wouldn’t go into ASIC mining cause although they’re more efficient, after they stop becoming profitable they become ewaste
Is big baller Biaheza whipping a G wagon🔥🔥🔥🔥🔥🔥 Tax benefits FTW
I love u dude u do everything that I think about doing and later bringing it to action ... u helped me a lot my dude
what about electricity cost? Is it free for u?
Banger video, learned a lot about mining you’re a beast
Biaheza is good at explaining most topics but if you wanted to learn about mining better then watch people like Red panda mining, brandoncoin, hobbyist miner, son of a tech, or voskcoin.
i wish i have that budget to build one of this rig, i have free electricity here
how do you have free elctricity?
Kadena is becoming a great pow option. And cpu mining rtm is becoming more profitable than gpu 3090's mining
No door jumpscare for now, nice!
6:00 funniest shit 😂😂 I was confusing for a split second
I was so confuse at 7:04 😂
Congratulations my bro
i am typing this comment withut looking at my keyboard as you said in last ..... awsm video
The meme king is back!👑😂
1:30 , you got me man, fairplay LMAO
Ahahaha how good, as soon as I saw that I had to rewind and double check
Toaday
Wow rocking the ultra rare Real hard hat
FT. Island Boiss at the end. Gold.
yeah if crypto crashes it just means u have to pay less in taxes, while keeping the same eth! win win win for miners
1:30 Nice little troll that very few will catch onto
Great video bro
Great and informative video as usual , if gpu giveaway happens, I'll be here too
Don’t know if this aged too well…With recent crypto prices and all.
It most definitely did not
yeah its funny he didint make update videos, he was buying up 3090s at $2,500+ each for his last rig a full 8 months before ETH shutdown mining.
This man Biaheza on crypto island! He’s an island boyyy😂
your videos are so good bro
you can buy a pcie splitter 1 to 4 gpu and you can run the one card that is sitting on the table
I've started my cryptocurrencies journey after your first mining video.
Thanks
how its going?
I also started after his first mining video. Got 6 x 3070’s. 6.5k aud investment. Made back 5.5k so far. 1 month till full ROI
@Lewis Walker What's Brian Ͳ e l,e g r' a ' m'
Asking?
@@slowmomma7222 enjoy electricity bill. AUD electricity prices basically make it unprofitable
I also got Into crypto mining thanks to his first video about to make all my money back in about 40 days
Worthless in 8 months... bro nailed it
Really??
nice vid again bro
What kind of physco applies cooling paste before he fits the cpu?
I live in a trailer. Got 3 1080's mining. Neighbors have a outlet under their trailer on my side of the yard. it's 15 ft from my shed where i have my rig. Just ordered a heavy duty outside 6 gage 25 ft extension cord. Free electric is starting to look good. Gonna bury it and run it to that outlet when they arent home. Gonna save me $200 a month on my electric!!!
Haha
dude
Send me a postcard when you get your shiny trophies a pair of shiny bracelets and a new friend named buba
if you're thinking about a give away of GPUs, I'm in great need of one :D
You should take a look into helium mining
Funny funny man 👨 🤣...awesome 📹 🎥 thanks for enlightening me with what I was curious about mining ETH. I'll pass on it lol for now....2.0 will change everything
how can I train my rats to mine for me?
Hi Bia, you got me into crypto mining so thank you for that. Just a suggestion, although they’re a lot louder, there is a new ASIC miner which mines Ethereum by default and gives you around $230 a day (however, it costs 30 grand). Thanks.
30k to get 230 daily what shit is this lol you will take forever getting your 30k back , might aswell do casino black or red 🤔
@@CalvinCooke18 that sounds like an amazing invest that’s only half a year to get your money back 😂 u must be a kid
@@CalvinCooke18 no it’s over 80000 a year which could go up or down. It would take a couple of months to pay back
@@CalvinCooke18 are you re- nvm
@@CalvinCooke18 It'll take you roughly 130 days which is quite reasonable
That Aaron kyro “first try!” Made me laugh
those random clips ara so good😀
Honestly a better day when Biaheza uploads. Always entertaining yet educating! Keep up with the transparency!
Big facts.
Anyone catch about a minute and a half in the true secret of Biaheza written on that piece of paper?
Great video!!!!
Always crazy video
This taught us stuff, answered our questions and curiosity, research for us, experiment for us with honesty, AND entertain us all at the same time. Goddamn
What did you learn?
@@jeromefletcher559 how to set up a crypto mining rig lol
I have never been more motivated to one day afford this kind of $50,000 mistake 😂
waiting on your nft vids bro
Something else to consider, the estimates for how much of the ETH hashrate are asics is between 40-60%. This will be removed from the equation once eth goes POS and many smaller miners using gpus will likely stop all together than research which coin to mine next.
Don't get me wrong it is still a considerable amount of hash power that will need a new home but from my guess its any where from 25-40% of the current eth hashrate that will spread to the rest of the POW coins. This is a much more manageable number and would only require a few coins to 5x to stay profitable.
In saying all that if ETH goes POS that will be a pretty volatile moment for GPU mining and likely see a period of low profits but after crunching the numbers I have hope for the future of GPU mining.
Which coins in your opinion do you think will be profitable to mine after eth 2.0?
Dude, I like the stats and profits you show BUT you're not even mentioning your electricity bill. How much are you going to spend on electricity for those 3 rigs in the 280 days? This is very important for your bottom line!
I have 700mhs and pay about $145CAD a month. So around $1830 a month profit. As he said, you can roi much sooner if you shop around, no one pay what bia is paying, way over priced.
Electricity is important, but it really doesn’t matter. Write it off as an business expense. Going back to your question electricity is usually no more than 15% of profit. 450 a month tops , 5400 yearly
This is crazy, I remember watching your vids when you were making those Instagram follower videos, and you had not too many subs, and now you're at almost 1million... Its been crazy watching your channel grow exponentially over the years.
@Biaheza ❤️be honest please on this:
Do you make the video only to offload the cost of equipment from taxes?
Bro I have an 12 cards mostly 3080s. You have to tweak the settings and it and it won't crash. I've had mine running for weeks at a time with no crashes. Only stop it for cleaning every three weeks
How much do you profit?
What settings?
Exactly, you gotta chill out on the overclock if it's crashing this much
Same here, running 24/7 for the last 5 months without problems.
@@magicagrnub620 enough
What about your power costs? That’s one of the main out goings from doing this. How much does that eat into your profit?
10-20% of profit is a good average cost. 30-40% when bear market.
Off your first video I invested 12k into mining been mining 3 months made about 4k or 5k so far then make a few more racks by reinvesting that back into crypto. I love mining
Been HNT mining, gonna start asic mining next
I ain't scared. Still buying GPUs as much as I can. YOLO
This guy has more 3090 GPU's in his house than NVIDIA manufactured!
Love this new vid
Hope you dont lose all your money ! best of luck.
Nice review but the electric cost was missed out in the discussion which is one of the driving factor of the profitability which will also conclude the ROI.
He didn't. He expected you to watch the other videos. In the other videos, he said the amount he makes daily was after subtracting the electricity cost.
Draws about as much power as a small heater lmao
@@oklagrowmie5587 I live in Montana and in the winter aka now I actually use some of my 3090 rigs and 3080 rigs to heat my house I don’t have to touch the thermostat.