How much BITCOIN the S21 Really Makes!? Bitmain S21 Profits & Review

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  • Опубликовано: 30 июн 2024
  • In today's video we take a look at Does the S21 Make As Much as Promised? Is the Bitmain Antminer S21 REALLY the BEST BITCOIN Miner of 2024? We did a test of 30 Days on Nicehash with the Bitmain Antminer S21 from CryptoMinerBros.com to determine what was the Revenue, Operating Cost and True Profitability of this Bitcoin ASIC Miner. This Next Generation of Bitcoin Miner pushes roughly 200 TH/s Crypto Mining Bitcoin. Well let's dive into How much BITCOIN the S21 Really Makes!?
    ⭐Checkout the Bitmain Antminer S21 from Crypto Miner Bros ➡ geni.us/CryptoMinerBros
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    📺NEW Bitmain Antminer S21 200THs Unboxing, Setup, Review ➡ • Best Bitcoin Miner in ...
    🛒𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐆𝐏𝐔 𝐌𝐢𝐧𝐢𝐧𝐠 𝐑𝐢𝐠 𝐨𝐫 𝐀𝐒𝐈𝐂 𝐇𝐨𝐬𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬. 𝐍𝐞𝐞𝐝 𝐚 𝐇𝐨𝐬𝐭𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐓𝐫𝐮𝐬𝐭? 𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭 𝐓𝐞𝐫𝐫𝐚 𝐇𝐨𝐬𝐭𝐢𝐧𝐠, 𝐈 𝐔𝐬𝐞 𝐓𝐡𝐞𝐦 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐥𝐲!
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    ----------
    #bitcoin #crypto #cryptomining
    00:00 How MUCH the BEST Bitcoin Miner Actually Makes?!
    00:20 What is the Best Bitcoin Miner in 2024?
    00:40 I Built a Home Bitcoin Mining Shed!
    01:30 Quick Tour of My Crypto Mining Shed
    02:00 The Bitmain Antminer S21 Bitcoin Miner is Insane!
    03:20 Getting Into Crypto Mining and Need Some Help or Guidance?
    04:50 What Bitcoin Mining Pool is the Most Profit or Best?
    06:00 Where to Buy the Bitmain Antminer S21?
    07:00 Most Home Miners Can't Run an S21 at Home!
    08:30 How Much Per Day Does the S21 Really Make?
    10:18 Does the S21 actually get 200THs?
    11:25 How much I Made in 1 Month with the S21?
    12:30 How much the S21 Cost me in Electric in a Month
    13:50 What is my Real Profitability from the Bitmain Antminer S21 Bitcoin Miner?
    14:45 How will the S21 perform after the Bitcoin Halving?
    16:00 I Highly Recommend Purchasing the Bitmain S21
    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! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.
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Комментарии • 195

  • @TheHobbyistMiner
    @TheHobbyistMiner  4 месяца назад +12

    Did you Expect the S21 to be making MORE or LESS than my 30 Day Results?

    • @glorygarden1375
      @glorygarden1375 Месяц назад

      How much did you make in 30 days

    • @glorygarden1375
      @glorygarden1375 Месяц назад

      How can I get that..
      please can you teach me how to get it and how to mine it..
      I am in Easter Nigeria..
      I am having financial difficulty..

    • @youxgtv
      @youxgtv 8 дней назад

      Please I will be happy if u will help me to start my own. I need 70usd to buy a good laptop to start please I don't have any money on me now Ill be good if u will help🥹🥹🥹🥹

    • @scottmckenzie-hb1xj
      @scottmckenzie-hb1xj 5 дней назад +1

      lol what a joke real green , what a waste

    • @olveramelinda
      @olveramelinda День назад

      @@glorygarden1375 we’re broke here in the 🇺🇸 also no different buddy.

  • @DanceGeekRob
    @DanceGeekRob 28 дней назад +12

    I’m sure the chickens really love and relax with that 100 db screaming 24 hours per day.

    • @FromTheMosh
      @FromTheMosh 27 дней назад +3

      Would be absolute torture for them, poor things.
      Also stuff eating the eggs or meat of a stressed animal.

  • @xMysticDanx1
    @xMysticDanx1 3 месяца назад +4

    New to the channel buy hey man I love how clean the cable management is !!

  • @milwatch1262
    @milwatch1262 2 месяца назад +11

    Can you give a complete breakdown of all costs involved for the unit shown. For setting up (out housing), electricity used, cables etc etc. And anything else you can advise. Looking at mining as a complete novice in Europe.

    • @myjakuhintai8206
      @myjakuhintai8206 Месяц назад +3

      dont forget to do a compair with just buying btc to sell a year later. europe isnt mining friendly. unless you got free power

  • @gargoylekingGWO
    @gargoylekingGWO 3 месяца назад +1

    Great video

  • @PortCity08
    @PortCity08 2 месяца назад +3

    What are the fees for having Terra Hash host miner and can you start with just one miner?

  • @JayS.-mm3qr
    @JayS.-mm3qr 2 месяца назад +30

    3500 watts!!?? I'm screaming that like it's 1.21 jigawatts! My god. If this thing makes $16 a day and it's a super beast, regular home miners must be making virtually nothing.

    • @VioFax
      @VioFax Месяц назад +1

      Have to get an electricity plan that gives you free hours... And only mine at that time.

    • @PauloCayelo
      @PauloCayelo 19 дней назад

      😂😂😂

    • @Drunkenduck109
      @Drunkenduck109 16 дней назад

      You see where cops bust houses mining stealing electricity , they thought it was a grow house. I have 2 l3+ on solar . Only run when free . Doesn't make much mining is finished from the good days of eth

  • @joserodriguez-us5gi
    @joserodriguez-us5gi Месяц назад +3

    wondering if you are a PA resident. I'm in Centre County PA. I ask because If I move forward with the idea of mining, I may need your help. Thanks for the video.

  • @GreaterGoodMining
    @GreaterGoodMining 4 месяца назад +4

    I wasn't expecting it to be making that much! Great video Hobbyist!

  • @STX-BTC
    @STX-BTC 4 месяца назад +7

    how is that ROI right??? April?

  • @brianwetzel-mk6kj
    @brianwetzel-mk6kj 2 месяца назад

    sick setup!

  • @cseticketscsetickets2231
    @cseticketscsetickets2231 22 дня назад +14

    His power cost is SOOOO CHEAP! 5 cents per kw/hr.

  • @stewartmathers465
    @stewartmathers465 2 месяца назад +7

    In the UK due to our crazy electricity prices to run 3.5kw for 24 hours would cost £20GBP (around $25USD) so if i owned one of these and mining an average of $16 a day then i would be in the red by $9/day

    • @TamahaganeXenpai
      @TamahaganeXenpai 21 день назад +1

      Spain is almost the same.. running this for 24 hours costs 11,03$ making profit 5$ a day.. not even worth looking at

  • @irishman9877
    @irishman9877 2 месяца назад +3

    Are thess safe to leave running in your house when not there incsse of a fire?

  • @airamfitness2598
    @airamfitness2598 Месяц назад +2

    Hi dear, great work, could you share or make another video of the profits now one month after the halving?

  • @raportmercado1165
    @raportmercado1165 2 месяца назад +4

    what is the brand/model of those black boxes with displays? btw, the hash per day rate that the new s21 make (0.00033xxx btc) is the same that my old bitfury B8 (50th/s) made per day in 2020.

  • @Jay121
    @Jay121 4 месяца назад +3

    What's your miner infrastructure total cost?

  • @oscarhidalgo5335
    @oscarhidalgo5335 2 месяца назад +2

    Hey! What are your thoughts on the halving this April 19th? Are we the beginner miners should stop setting up and buying news ASIC knowing that revenue will be split by 50% or maybe you see an opportunity here for start a new home mining?

    • @Ensie-Keyesminer
      @Ensie-Keyesminer Месяц назад

      After halving, the difficulty of mining increases, on the other side, the price of BTC will raise

  • @fxtrader-wj7dh
    @fxtrader-wj7dh 2 месяца назад +1

    What is your delivered cost of electricity? If 5 cents is delivered, why such a cheap electric rate?

  • @adeoyedamilare77
    @adeoyedamilare77 18 дней назад

    Hello
    please is the profit just for 1 miner ?,is it possible to have more than 1 miner ?

  • @brianwetzel-mk6kj
    @brianwetzel-mk6kj 2 месяца назад +1

    what's up with the Loki mod for the s19s?

  • @ronwatkins5775
    @ronwatkins5775 4 месяца назад +4

    I think there is a math error at 15:25 in the video. You initially said your profit "after power" was 12.66 (13:55). You cannot cut the 12.66 in half because it includes electric. Your electric doesn't cut in half at the halving. So you need to take the earnings before electric, cut that in half then subtract electric.

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад +2

      Maybe I came off incorrectly, that is my fault. You are correct. With the halving the intial Revenue is cut in half. Than you remove your same electric cost. So to be clear $16.90 Now in Revenue would be $8.45 than remove your electric per day $4.24 = $4.21 Profit after the Halving if Bitcoin stayed at $48,000.

  • @itspoffy
    @itspoffy 2 месяца назад +1

    After the upcoming halving every miners income will be cut in half correct? It seems like at some point it won't be worth it?

    • @bitcoinbull6564
      @bitcoinbull6564 2 месяца назад +1

      Correct thats why Bitmain will be creating new more powerful miners to sell to everyone for the next 4 years and again in another 4 years and so on.

  • @EastonSi8thgen
    @EastonSi8thgen 14 дней назад

    What is hosting? You said do that if we don’t have the available power

  • @msl758
    @msl758 3 месяца назад

    wow, i'm shocked how little your hugely elaborate setup makes compared to staking other altcoins. Consider the cost of the shed / electrician and maintenence too and not just the raw electricity. Here I was thinking I could make $5 a day sticking a cheaper unit into my wall outlet. Nope.

  • @OSWALD569
    @OSWALD569 Месяц назад

    Why do you not use solar and wind energy to cut electricity demand?

  • @JayS.-mm3qr
    @JayS.-mm3qr 2 месяца назад

    In Niagara Falls Ontario, a place that has 2 large hydroelectric plants, electricity during the day is between 10 - 28 cents per kwh. Why is Canada so expensive!?

  • @invisibleazn9330
    @invisibleazn9330 2 месяца назад +1

    seeing as the btc price is hovering around 65-71k lately, you must be making good gains. But after the halving I suspect btc will need to be in the 90-100k range to retain the the $16 ish per day revenue. Would that be a correct assumption?

    • @TheHobbyistMiner
      @TheHobbyistMiner  2 месяца назад +4

      I am doing well right now. Halving you never know. As the price rises so does the daily profitability of the miner. If Price goes up and Hashrate falls off because of older machines turning off because of the halving. Thats more profits again.

  • @DrChoudhari
    @DrChoudhari 3 месяца назад

    After halving will the profit become half of what it is now? Why did you bought before halving, because after halving prices should be at 50% discount on miner right because profit is half of which was before halving?

    • @UnistarAda
      @UnistarAda Месяц назад

      Have you own S21 now?

    • @DrChoudhari
      @DrChoudhari Месяц назад

      @@UnistarAda I bought S19 pro+ hydro 184TH

  • @BeyondtheVeil888
    @BeyondtheVeil888 3 месяца назад

    Is it a free 1-1 consultation?

  • @DanceGeekRob
    @DanceGeekRob 28 дней назад

    Doesn’t the cost of the electricity have count against “what you make” every month?

  • @edengardeningtowers4923
    @edengardeningtowers4923 Месяц назад +1

    I'm wondering if you can use a quantum computer to increase hash rate?

    • @relevantinformation6655
      @relevantinformation6655 27 дней назад

      Well, plunk down a billion dollars and then code it correctly. You could “possibly” pay it off in a couple generations…

  • @user-df1zv4uw7q
    @user-df1zv4uw7q 3 месяца назад

    13.:53 >> $12 and change a day profit. But after the halving in 2 months that profit can be cut in half if bitcoin price doesn't change

  • @GargoyleDanny
    @GargoyleDanny 2 месяца назад +1

    5 cents a kw is crazy im paying like 17-18 cents a kw dont even think it would be worth me jumping in the game

  • @TheLawrence1999
    @TheLawrence1999 2 месяца назад

    Im currently getting into ETH mining and I bought myself a VTRETU mining rig, and 4 RX 580s, Im currently running hiveos on it and mining etherium, but it seems to not be profitable or least Im not seeing a real return atm. Is there something that would be better, Im currently running 65 mh. But I have the ability to add 4 more gpus at a later date.

    • @TheHobbyistMiner
      @TheHobbyistMiner  2 месяца назад +3

      Ethereum is not Minable anymore. Ethereum moved to Proof of Stake sometime ago. Not sure what your mining but its not Ethereum. Stop in the discord, sounds like we should chat more.

  • @satoshisan17
    @satoshisan17 4 месяца назад +1

    Have you ever tryed Ocean pool?

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад +1

      I am not familiar. Are you using Ocean Pool?

  • @newmonengineering
    @newmonengineering 22 часа назад

    What I found out is he pays way less for power than I do. I pay .12 /kwh. My roi would be over 2 years and thats if it works the entire 2 years.

  • @user-vl6hp7nl4n
    @user-vl6hp7nl4n 19 дней назад

    Usually they price their ASICs to just get your money back and maybe a bit extra.

  • @loa5000ify
    @loa5000ify 3 месяца назад +2

    Where are you guys getting 5 cents a kwh? In ny we pay 24 lol

  • @resilient4637
    @resilient4637 Месяц назад

    Average 13 cents in Arkansas per hour thinking about solar panels

  • @MasterHernan
    @MasterHernan 4 месяца назад

    5 cents per kWh is amazing! Are you taking taxes and fees into account? My electric bill says 8 to 9 cents per kWh but then when I take the taxes and fees, it raises it to 12 cents.

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад +1

      5 Cents is all in. If your curious on how i the world I have these rates as a home owner, this video will help ruclips.net/video/VKHORfUyBWE/видео.html

    • @MasterHernan
      @MasterHernan 4 месяца назад

      @@TheHobbyistMiner I watched the full video and unfortunately in my part of Florida there is only 1 electric provider. I'm going to try giving them a call to see what I can do because the fuel charge is 3x lower than the non-fuel charge.

    • @ryandavis775
      @ryandavis775 3 месяца назад

      Here in michigan, we pay between .16c and .20c per kwh.

  • @archeleypierre3863
    @archeleypierre3863 4 месяца назад +1

    What hosting company would you recommend?

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад +2

      Great question. Stop in my discord, I have a channel dedicated to "where to host"

  • @kamjah4046
    @kamjah4046 9 дней назад

    My electric cost in San Diego is around .55 $ so I guess it would not make sense to mine in my area

  • @ryanshea6141
    @ryanshea6141 2 месяца назад

    I'm kind of sketched out buying one of these miners from china with crypto or a very specific wire transfer. Its sketchy you cant use a credit card in case you need to charge back/you got scammed. You just send $4k in btc and hope it comes one day lol

  • @user-vb6xz2nb2p
    @user-vb6xz2nb2p Месяц назад

    What would be a good miner for my basement that’s not to loud

  • @mariosalazar5728
    @mariosalazar5728 2 месяца назад

    That's before the halving. I can make a lot more playing HoneyLand. No electricity bill

  • @andreroodt4647
    @andreroodt4647 8 дней назад +1

    85kw/h would cost me $25 per day. Guess I'm sticking to my day job 🙂

  • @MotoMayhem
    @MotoMayhem 2 месяца назад

    Think you can help set me up in Canada? I have some questions!

    • @TheHobbyistMiner
      @TheHobbyistMiner  2 месяца назад

      Yeah! Book sometime woth me over on my site, hobbyistminer.io

  • @martiniliev35
    @martiniliev35 Месяц назад

    How long are the miners expected to last? With my calculations, it would take me 2-2.5 years to repay them and then it's pure profit

    • @TheHobbyistMiner
      @TheHobbyistMiner  Месяц назад

      Its varies, could be 1 month till a part goes bad or could last 10 years.

    • @UnistarAda
      @UnistarAda Месяц назад

      No, payback period is about 200-300 days before halving, now payback period is about 500-600 days

  • @turbograyson9207
    @turbograyson9207 10 дней назад

    Hello, you used five cents per kilowatt hour as a cost for electricity. You did not calculate in the delivery cost of the electricity. Typically in our area that total delivered cost including delivery is $.10-$.12 per kilowatt hour.

    • @TheHobbyistMiner
      @TheHobbyistMiner  10 дней назад

      I am 5 cents all in with the plan I am on.

    • @turbograyson9207
      @turbograyson9207 10 дней назад

      @@TheHobbyistMiner - I would still recommend you double c vs heck that. I analyze electric bills regularly and I can tell you without doing the total analysis on that bill that is very very, very hard to believe.

    • @turbograyson9207
      @turbograyson9207 10 дней назад

      Sorry my dictation is not working so well. I said I would still recommend you double check that total cost analysis. I analyze electric bills regularly. I can tell you I do not see Electric rates that low including delivery.

    • @TheHobbyistMiner
      @TheHobbyistMiner  10 дней назад

      This explains ruclips.net/video/VKHORfUyBWE/видео.htmlsi=YUtYcBl9o8uU1qVx

  • @motojo303
    @motojo303 3 дня назад

    If that shed was next to me it would be burned to the ground. That noise is ridiculous.

  • @CircaXZion
    @CircaXZion Месяц назад

    Sheetz goes all the way down in VA and NC and then QT takes over somewhere around Charlotte. Love Sheetz 🔥 best gas station ⛽️

    • @TheHobbyistMiner
      @TheHobbyistMiner  Месяц назад

      I grew up on Wawa, moved after college, now have become a huge fan of Sheetz. However Wawa is now opening up a few locations in my area!

  • @maryannplunkett5420
    @maryannplunkett5420 4 месяца назад +1

    How does he have .05 kw/h?? Using Latin American hydro power from a dam is .047... And seems kinda odd that he has miners at Terra hosting when the fee is .095 kw/h.

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад

      I am mixed out on electric. So have many asics getting hosted.

  • @JeanineAnez-wh2zo
    @JeanineAnez-wh2zo 2 месяца назад

    I thought that Bitcoin miner S21 pro can mine up to 1000 Bitcoin per day

  • @skykid3
    @skykid3 Месяц назад

    Best place to buy an S21 miner in UK?

    • @TheHobbyistMiner
      @TheHobbyistMiner  Месяц назад

      Checkout the Bitmain Antminer S21 from Crypto Miner Bros, They Ship Right to your Door.
      geni.us/CryptoMinerBros
      Use code HOBBYISTMINER for $50 Off

  • @omotosojuwon1343
    @omotosojuwon1343 3 месяца назад +1

    How can I setup my own bitcoin mining I have free electricity and $4000 to start the mining

    • @Fitbrit88
      @Fitbrit88 3 месяца назад +3

      If you have free power and 4,000 and you still can’t figure out what to do, then maybe mining isn’t for you!

    • @UnistarAda
      @UnistarAda Месяц назад

      You can buy M30s if electricity is free.

  • @bitpal2399
    @bitpal2399 3 месяца назад

    Hosting?

  • @Prof.Polymath
    @Prof.Polymath 2 месяца назад +1

    I like how your most ‘electric hungry’ ASICS are at your ‘electricians’ house 😂 I take it he knows how to skip the mains board and get you that power for free then 👍🏼🤫

    • @TheHobbyistMiner
      @TheHobbyistMiner  2 месяца назад +1

      Nope. No way to pull that off here in the states to my knowledge

    • @Prof.Polymath
      @Prof.Polymath 2 месяца назад

      @@TheHobbyistMiner only joking of course my friend 👍🏼 no offence intended. It is quite an easy thing to do in the UK, although deemed illegal, so just found it funny they were at your electricians house. It’s a really nice setup, very professionally done, and clearly the reason it is where it is. He’s done a great job. 👌🏼 Thanks for all of your helpful content. 👍🏼

  • @deadpoolgaming3059
    @deadpoolgaming3059 4 месяца назад +3

    I want to learn how to mine because I’m broke but I don’t think I can because I’m broke anyone got any advice

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад +2

      Crypto it not a get rich quick scheme. It requires some capital to get started forsure.

  • @MDLEC
    @MDLEC 10 дней назад

    On France Electricity is about 0,22$/kwh…… no profit!

  • @larrymiltonjr9092
    @larrymiltonjr9092 Месяц назад

    Is this even worth it with the electric it uses?

    • @timproc9355
      @timproc9355 29 дней назад

      He wouldn’t be doing it if it wasn’t…

  • @riismotta
    @riismotta 2 месяца назад

    Single Phase or Three phase? Do'nt want to worry about having to underclock.

    • @TheHobbyistMiner
      @TheHobbyistMiner  2 месяца назад +1

      Can run on Single Phase. T21 requires Three Phase

    • @riismotta
      @riismotta 2 месяца назад +1

      @@TheHobbyistMiner Thank you for the fast response. Looking into booking a consultation in the future.

    • @TheHobbyistMiner
      @TheHobbyistMiner  2 месяца назад +1

      @@riismotta I look forward to chatting!

  • @DiegoaufTour
    @DiegoaufTour 4 месяца назад +1

    Hmm, with Minig Rigs for ~4K you get the same income as with the S21.
    In addition, you are free to mine a lot of coins.

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад

      Which Mining Rigs are you running?

    • @DiegoaufTour
      @DiegoaufTour 4 месяца назад

      @@TheHobbyistMiner a lot of 5700XT, 3060ti and 3070

  • @waburger8591
    @waburger8591 3 месяца назад

    Use terms like Gross and Net profit …

  • @J.Lindblom.77
    @J.Lindblom.77 11 дней назад

    My cost of electricity would be 13 dollar cause i live in Sweden and alot of taxes

  • @dripsystem5785
    @dripsystem5785 Месяц назад

    After looking into this for a bit im pretty sure picking cans and bottles out of peoples recycling is more profitable than this. Thats even considering having a solar setup getting free energy it would take 3 years of pretty much constant power just to pay off the miner. What if the miner breaks then your down big money. Good luck but I think im gonna pass

  • @vijo2616
    @vijo2616 2 месяца назад

    $0.05 per kWh ? National average is closer to $0.12. UK cost average is £0.14.

  • @damonkatos4271
    @damonkatos4271 28 дней назад +1

    You can make more money with a hot dog stand.

  • @blockchainbugz
    @blockchainbugz 4 месяца назад

    Hobbyist! Why do you even bother getting your miners hosted? I’d think you’d be better off upgrading your own electric (unless of course you can’t upgrade past 400 amps at home)

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад

      Thats something I am investigating. Has some upfront capital.

  • @sher1310
    @sher1310 3 месяца назад

    how can we withdraw btc from bitmain?

  • @eman6184
    @eman6184 2 месяца назад +1

    Amazingly cheap power cost for you. That one miner would cost $27 a day to run in California

    • @ryanshea6141
      @ryanshea6141 2 месяца назад

      My cost is 10.263 cents per kw. What is it in CA?

    • @eman6184
      @eman6184 2 месяца назад

      @@ryanshea6141 here where I am at in California it is 32 cent per kwh

  • @KeywordManagement
    @KeywordManagement 4 месяца назад

    Do you have plans for that shed?

  • @adamkukulj5537
    @adamkukulj5537 2 месяца назад +1

    Great vid. Reality 1 year & you don’t even recoup your hardware cost. The hardware is overpriced. A crappy business makes 10% profit here your at a loss imagine including your time @ $20 per hr. Simply laughable… just my option.

    • @avengethis97
      @avengethis97 Месяц назад

      Right now yes. Back in 2011 when we all thought the same thou btc was like worth nothing and now we selling for 70k a coin...

    • @damientorres9969
      @damientorres9969 Месяц назад

      Bitcoin going to a million a coin, the pay off in the end is worth it. 🎉

  • @bobbydigital7062
    @bobbydigital7062 2 месяца назад

    It be more feasible if you take the 4k and buy bitcoin

    • @JayS.-mm3qr
      @JayS.-mm3qr 2 месяца назад

      Lol seems that way. Unless it crashes or whatever

  • @miguelmigueldejesus3763
    @miguelmigueldejesus3763 4 месяца назад

    I have free electricity for asic bro 😅 but no money to buy more asic
    😢 I just have one

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад

      Free Electric Wow! Good for you. How much power do you have to play with?

    • @ssportslivetvstreaming
      @ssportslivetvstreaming 2 месяца назад

      how do you do or where do u live bro

  • @rahu.thakur
    @rahu.thakur 4 месяца назад

    Bro i from India.my electricity free.u recommend who machine buy me, i want money only big amount... i have 3 phase electric..reply me please

    • @shahzaib987
      @shahzaib987 3 месяца назад

      It depends on your budget.

    • @shahzaib987
      @shahzaib987 3 месяца назад +1

      S21 is good nowadays. How much are you willing to invest?

  • @iridium58
    @iridium58 4 месяца назад +1

    That s21 is using like 3800 watts, not 3500w....unless is 20 degrees ambient 😂

    • @TheHobbyistMiner
      @TheHobbyistMiner  4 месяца назад +1

      That is not entirely accurate. When I do my testing and metrics I never use Bitmain numbers, I alway do my own testing. My testing was done with Ambient Temps of 49F/9c and at the wall it produced 3535 Watts.

    • @iridium58
      @iridium58 4 месяца назад

      @@TheHobbyistMiner So for 2 or 3 month each year you going to get 3535 watts when you have ambients at 49f... what about the hotter months... you need to calculate that in your payoff estimations..

  • @ahmadmogharbel1845
    @ahmadmogharbel1845 Месяц назад

    so you buy a bitmain s21 and u need 1 year to get what you paid for!! talking that in 1 year maybe this machine will have malfunctions and this will cost you also for fixing

  • @Redneck_Renaissance
    @Redneck_Renaissance Месяц назад

    my neighbor is 28 years old and an electrician/electronics tech and he made 260k last year working 51 hours per week. It seems like you're trying to cheat a system that he maintains and you make far less money. Perhaps you might consider working for your renumeration.

  • @nilarmstrong
    @nilarmstrong 3 месяца назад

    Not good miner sensitive to temp

  • @radekr6852
    @radekr6852 17 дней назад

    Assuming BTC is 40k. It can go down to 10k in a matter of 1 week and so does your "profits". Pretty average to say the most, there are much much better ways of making money out of $4.7k investment into a crypto miner. Also, how about the cost of setting up that rig, the shed, all the breakers, cables, fans etc.? That's in the thousands again. This will hardly ever return you any money.

  • @maryannplunkett5420
    @maryannplunkett5420 4 месяца назад +9

    After watching this video, I still just feel for the chickens living next to a shed that produces that much noise. Poor things.

    • @shaunpeattie7377
      @shaunpeattie7377 4 месяца назад +2

      I also thought that would be hell for them.

    • @-Geronimo-
      @-Geronimo- 2 месяца назад

      🙄🙄.. I' m guessing you'r hair is blue..
      .. ,, pooor little chickens...,, 😭😭
      nj..nj..nj.nj..

  • @EricSoulliage
    @EricSoulliage 2 месяца назад

    Yeah but nicehash KYC.

  • @BuzzKill67
    @BuzzKill67 7 дней назад

    Show us a copy of your actual electric bill

    • @TheHobbyistMiner
      @TheHobbyistMiner  7 дней назад

      Full Video showing them
      ruclips.net/video/VKHORfUyBWE/видео.html

  • @jamesmedina4802
    @jamesmedina4802 2 месяца назад

    I need help

  • @paulearn4054
    @paulearn4054 2 месяца назад

    it took 14minutes and 8 seconds to show Earnings ((((

  • @EthelSLucus
    @EthelSLucus Месяц назад +18

    We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.

    • @CircaXZion
      @CircaXZion Месяц назад +2

      Yep trading meme coins now. Done with the 9-5 😂

    • @BYRONSLAM09
      @BYRONSLAM09 Месяц назад

      actually nobody is getting millonaire...

    • @cigarboxskinny1154
      @cigarboxskinny1154 Месяц назад +2

      Difference between working hard, and working smart

    • @REAPERV69
      @REAPERV69 Месяц назад

      The percentage of millionaires to bagged is significant.

    • @JesseRayWilliams
      @JesseRayWilliams Месяц назад +4

      That's because humans have been trained to believe you need to work hard for 65 to 70 years before you get to enjoy the tail end of life.

  • @user-vb6xz2nb2p
    @user-vb6xz2nb2p Месяц назад

    How loud is it can I put it in my basement??

  • @GhostPepper233
    @GhostPepper233 13 дней назад

    Not very secure. Oh don't forget to take out 30% on taxes.

  • @beserk786
    @beserk786 Месяц назад

    I thought mining was dead? I dismantled my GPUs. Im in the UK and my electric bill was through the roof.

  • @RodolfojrArbolonio-lf6ew
    @RodolfojrArbolonio-lf6ew 8 дней назад

    3:38

  • @Jayda08
    @Jayda08 День назад

    Less then a dollar per hour! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

  • @LewieLeway
    @LewieLeway 9 дней назад

    So it takes more than a year just to break even? WTF? Then you have to hope your machine doesn’t go bang. Yep. Now I see why you guys need revenue from RUclips.

  • @IamJ007
    @IamJ007 7 дней назад

    LOL..Nicehash...snooze.

  • @gzman1
    @gzman1 3 месяца назад

    loud

  • @Founder194
    @Founder194 3 месяца назад +2

    What about about halvering after bitcoin ? Is it gona be half also ?

    • @linoberlajt658
      @linoberlajt658 3 месяца назад

      whats halving??

    • @attila3411
      @attila3411 2 месяца назад

      @@linoberlajt658it’s event that happens every four years for btw ,definitely recommend looking into it

  • @sav3571
    @sav3571 24 дня назад

    I try to add you on discord but say link expires