Is it Worth CRYPTO MINING in a BEAR MARKET? | Dogecoin and LiteCoin Mini ASIC Miner
HTML-код
- Опубликовано: 31 июл 2024
- Is it WORTH CRYPTO MINING in a BEAR MARKET? Will the Crypto Mining Market Recover from this MASSIVE Crash? Is it even PROFITABLE to Crypto Mine currently RIGHT NOW? In today's vdeo we unbox the Goldshell Mini Doge Pro ASIC Miner, set it up and discuss are these Dogecoin and LiteCoin Miners worth operating and running in a Bear Market. Especially when your Crypto Mining at a negative. Earning Passive Income from Home is a Blast and Marking Extra Money is always enjoyable, but at what COST during the Bear Market?
⭐Coin Mining Central Mining Hardware coinminingcentral.com/?rfsn=6...
Checkout Discount Code "Hobbyist"
𝐏𝐚𝐫𝐭𝐬 𝐔𝐬𝐞𝐝 𝐢𝐧 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐕𝐢𝐝𝐞𝐨
⭐Parallel Miner Server Power Supplies and Cables www.parallelminer.com/?wpam_i...
⭐Kill A Watt Electricity Usage Meter amzn.to/3n88fLC
⭐Chain Critical Custom PCI Cables chaincritical.io
Check Discount Code "hobbyistminer"
𝐕𝐢𝐝𝐞𝐨𝐬 𝐋𝐢𝐧𝐤𝐬 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐢𝐧 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐕𝐢𝐝𝐞𝐨
GoldShell Mini DogeCoin Miner Setup, Hashrate & Profitability • GoldShell Mini DogeCoi...
Are Mini DOGECOIN Miners Profitable? • Are Mini DOGECOIN Mine...
🍀𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐢𝐫𝐟𝐥𝐨𝐰 𝐈𝐧𝐭𝐚𝐤𝐞 𝐨𝐫 𝐄𝐱𝐡𝐚𝐮𝐬𝐭 𝐟𝐨𝐫 𝐂𝐫𝐲𝐩𝐭𝐨 𝐌𝐢𝐧𝐢𝐧𝐠?
Use CheckOut Discount Code "TheHobbyistMiner" for 15% Off at www.acinfinity.com/?ref=TheHo...
(Check The Hobbyist Miner Parts List above for a Grow Tent Starter Kit for New Miners)
👕𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝗛𝗼𝗯𝗯𝘆𝗶𝘀𝘁 𝗠𝗶𝗻𝗲𝗿 𝗖𝗹𝗼𝘁𝗵𝗶𝗻𝗴 𝗔𝗽𝗽𝗮𝗿𝗲𝗹 𝗼𝗿 𝗜𝗻𝘀𝗮𝗻𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗶𝗻𝗶𝗻𝗴 𝗚𝗲𝗮𝗿?
www.cryptee.co/collections/th...
Use Checkout DIscount Code "THEHOBBYISTMINER" for 10% Off your Entire Purchase.
💡Tryout HIVEOS Entirely Free:
hiveos.farm?ref=314129
💠𝐍𝐞𝐞𝐝 𝐆𝐏𝐔 𝐑𝐢𝐬𝐞𝐫𝐬 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐌𝐢𝐧𝐢𝐧𝐠 𝐑𝐢𝐠?
GPURisers.com or GPURisers.UK
Use Checkout DIscount Code "THEHOBBYISTMINER" for 10% Off your Entire Purchase.
𝐅𝐨𝐥𝐥𝐨𝐰 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫 𝐨𝐧 𝐒𝐨𝐜𝐢𝐚𝐥:
✅Twitter - / hobbyistminer
𝐉𝐨𝐢𝐧 𝐓𝐡𝐞𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭𝐌𝐢𝐧𝐞𝐫 𝐃𝐢𝐬𝐜𝐨𝐫𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐓𝐚𝐥𝐤 𝐀𝐋𝐋 𝐀𝐛𝐨𝐮𝐭 𝐌𝐢𝐧𝐢𝐧𝐠!
✅Discord - / discord
✉ 𝐄𝐦𝐚𝐢𝐥 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 - TheHobbyistMiner@Gmail.com
#dogecoin #litecoin #cryptomining
📕 𝐕𝐢𝐝𝐞𝐨 𝐂𝐡𝐚𝐩𝐭𝐞𝐫𝐬 𝐅𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞:
00:00 Is it Worth Crypto Mining in a Bear Market?
00:20 Is it Worth Crypto Mining in 2022?
00:30 Is Crypto Currently in a Bear Market?
00:50 Goldshell Mini Doge Pro Mini ASIC Miner
01:00 Today's Sponsor - Coin Mining Central Marketplace
01:40 DogeCoin and Litecoin Crypto Miner
03:20 How to Power Mini ASIC Miners with a Server Power Supply
04:00 Mini Doge Miner vs Mini Doge Pro ASIC Miner
04:50 PCI Cables for Powering Mini ASIC Miners
06:30 Setting Up a Goldshell Mini ASIC Miner
08:10 Where to Purchase a DogeCoin Miner
11:00 Is it Worth Mining Crypto Currency in a Bear Market?
12:00 Will DogeCoin's Value Go Back Up?
13:30 Will the Crypto Mining Market Recover?
14:30 Is it Worth Crypto Mining at a Loss?
15:30 Do you Believe the Crypto Mining Market will Rebound?
📺𝐂𝐫𝐲𝐩𝐭𝐨 𝐌𝐢𝐧𝐢𝐧𝐠 𝐘𝐨𝐮𝐭𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 𝐈 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝:
Altered Component: / alteredcomponent
Bits Be Trippin': / bitsbetrippin
Brandon coin: / brandoncoin
ChumpChangeXD: / chumpchangexd
DJ Mines: / @djmines
HashRaptor: / hashraptor
Mining Chamber: / miningchamber
Red Fox Crypto: / redfoxcrypto
Red Panda Mining: / redpandamining
Sebs Fintech Channel: / @sebsfintechchannel
SerpentXSF: / serpentxsf
Son of a Tech: / sonofatech
TekShinji: / tekshinji
The Life of a Miner: / thelifeofaminer
VoskCoin: / voskcoin
📛𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an "Expert", I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! Everything on this channel is for fun as a hobby and entertainment for you, the viewer. 
Наука
How many GoldShell Mini ASIC Miners do you own? Do you have them POWERED OFF or ON during this Bear Market?
None yet. But yes I want some and I will run them in a beat market.
@@paladdin1500 Heck yeah!
I have 4 Goldshell Doge/LTC miners (I use ATX power supplies instead of GS p/s), I have 3 futurebit btc miners and 1 iPollo Mini V1 classic. They are all powered on.
I have 3 mining location, two with flat rate power 2 to 3 rigs pays for the power and the other 15-16 is all profit, my 3rd is very low cost power 0.015c and flat rate supply cost TOU program, that location has solar and battery so far with all the miners running I got 18-20hrs of run time, battery and solar combo during the day and utility at night to recharge and power everything .. only my 3rd location a few hours per day everything is off until I can sort out more low cost batteries, my first two location are both flat rate power does not matter if I use a little or all of it same cost, thus everything is profitable in both location no matter what I am running.
Dude you have to continue support gpu mining don’t go to ASICs shilling route please
Good video as usual. These little ASICs have their place - usually in the enthusiast's hands who's in it to support a project.
Glad you like the cables so far. Keep up with the great content.
Perfect insight, imo.
Mine for bags, not for profit now 😎
Nice Video Hobbyist Miner !
I'm all GPU Mining at the moment - looking into some ASICS
Thanks for the positive words, keeps me mining. 👍🙂
I'm running 4 kda-boxes, 4 stc boxes during the market. I've shut off 4 minis, handshake & nervos boxes due to heat and until the market stabilizes.
I have the same one you have. I wanted to know can I plug the original power supply in a 240v plug to this stock power supply? Or just in regular 120v plug.
Never been able to afford Bitcoin miners, and Helium miners were always out of stock as soon as the sale went live. Still want to mine!
Is starting ETH mining now still worth it that they will eventually move off of mining? Not a miner yet. Looking to get into during bear market to hodl
You said it, and you said it well, I'm all in for any ride my man, bring it :)
⬆️⬆️
Thanks. Kindly send a text, got something vital to share⤴️
Dat intro is nice!
⬆️⬆️
Thanks. Kindly send a text, got something vital to share⤴️
I don't have any Goldshell's (I have plans to get 1 of each box miner), but I do have an ipollo g1 mini miner, which has been quite profitable for me and it supports multiple variants of the algo even though they don't really advertise that. Currently thinking about buying another one since they just had a massive price drop.
I have 4 mini doge miners. At one point they were yeilding $2 each daily.
There is no reason to turn on a miner if it is not profitable. If it is cheaper to speculate by purchasing DOGE and LTC on an exchange, why wouldn't you?
I'm ready to turn them on when they are profitable. I'm also considering purchasing more miners while they are cheap.
Two of doge pros, and the 3rd one is on the way 🤟
Mini doge minilal profit
Mini kadena ii some profit.
But stacking for the next bull market!
Don't have but paling to buy
Aus power plug by the way.
NOPE i turn off mine. especially when electric costs are going up and having to run AC all day long. just buy matic and hold. im up 20%
I've been running 2 CK boxes. I'm collecting twice as many coins now than when I first started. I'm going to try to pick up a couple more today!
HS box rgb(mining Siacoin), mini Doge reg. They both stay running 24/7
I'm going to buy as many as I can. Ebay has alot of the box miners cheap now!
8 Mini-Doge, 3 KD-Box, 2 CK-Box, 1 HS-Box, 1 ST-Box, 2 LB-Box
All running, turn off due to heat during day for about 4 Hours, then back on.
Got lucky with a locked in rate until after January. Was just waiting to get some Asics and some more gpu's at a steal!😁 kinda thinking it might be another24 months b4 it will pay off but what are we doin this 4?
I love seeing these videos from you and others who are who active during the last three bulls runs at the end of 2017, in mid 2019 and through 2021 and those bear markets in between. You have a perspective that others simply can't have. And based on that - what, if anything, feels the same about this bear market *AND* feels different?
Worldwide recession is the difference atm
I have 6 Goldshell mini doge miners. And now I am planning to either buy 10 kda box pro or two kda lite.
Dropped a video today too about these, got two. What temps are you seeing/ Mine are running at 77 degrees celcius but my mining basement is a sauna right now with this heat wave. One miner keeps crashing, wondering if the ASIC chips are getting to hot inside and shutting down. Cheers bro.
I didn't know about the
Upsilon Mining channel until your comment. I visited your channel and subscribed. Lots of good stuff there :)
@@tianinc thanks man :)
I have many mini and full size ASICs. Mini Doge, CKB, LT6s, CK6s, S19J Pros and more. They’re plugged in and running.
I have two mini doge (1 normal, 1 pro) and believe the market will rebound but both are off as I can buy double than I can mine for the same cost. The day that mining gives me the same or more yield I will turn them on. Unless you are mining a coin you cannot buy I am not too sure I support the strategy of mining at all costs.
The idea is pay X amount now and Hold . when the market recovers your holding could literally triple even more. Its all in what you believe
I have two mini dogs. How do you turn of wireless on these?. I don’t want my neighbors to know I have goldshell.
Under system turn off WLAN, and use a cord.
Hobbyist Miner do you know what the 6500 xt gets on the Equihash 144_5 algo mining BTG or BTCZ ? Panda's spreadsheet says 41 Sols but I find that hard to believe because an RTX A2000 gets 40 sols. Can you possibly run this test for us ? Thanks :)
I don't but something I can test.
If I came across one 2nd hand I'd run one. I like that these mini miners are low power and can just sit anywhere.
Mining at a lose makes no Sense?!
Good Morning - Got de Dogecoin & Lite coin and I am running it in the Bear Market. Stacking the coins. Thanks for the video
i have a mini doge goldshell and yes i am running it and hording the coin
I did not see where you checked if the mini and pro have the same board.
What are the power settings for the pro version?
My buy one or two if the prices come down on them but they’re still just way too expensive for what you get
Can I have the link to the exact PSU with all the configurations?
www.parallelminer.com/product/750-watt-hp-80-platinum-94-efficiency-110-240v-chain-sync-open-air-gpu-mining-rig-power-supply/
@@TheHobbyistMiner hey your coupon for chain critical doesn't exist.... Let me know. Trying to help out the channel.
@@chips-adventures Hey there. The code should be: hobbyistminer
Let me know if you have any issues 🙂
Currently running 1 x STC BOX and 2 x SC BOX and they don't cost a dime to run. Gotta love having a solar setup.
If I didn’t believe in the future of crypto I wouldn’t be mining today
I have 2CK, 2HNS, 2 LB, 1 SC, and 1 Mini Doge, and of course all are on and mining
I'm sure you're running a "Mini" in your pants
You bet I am ;P
Those are some nice cables!
I think so too!
Thank you. We put a good amount of time into getting them right.
So why not just buy coins every month for the costs of electricity? No heat and still accumulate the coins.
Its a great idea.
Another reason why it wouldn't make sense for many people is because when your profitability is in the red you might as well buy the coin and get more yield than keeping this miner on. So no in terms of pure financial aspect it actually is not worth keeping this machine on in the current times. you get lesser yield from this machine. You mine only when you are in the green or you are extremely passionate about mining. No offence bro but your recent videos haven't been making sense at all. the previous one being the 6500 xt hashrate on ergo. 1 mh/w is actually horrendous efficiency on ergo but you made it sound like it was so amazing and the way you were comparing efficiencies across algorithms @_@. A 3090 which is considered the worst mining card is more efficient than a 6500xt *facepalm*. Desperate times calling for desperate measures I guess...
Are these even profitable??
did you watch the video he says it
Sadly people see a thumbnail, post a comment and move on ...
I appreciate your support Ron
Solar panels FTW
You have zero idea what you are talking about.
just more god damn shilling
I can't wait for the recovery so all of these shill marketing videos will actually make sense within the context of reality