@@ollyvrc and its not just the 30 series are out of stock rn even the rtx 2060 and 1660 are having their price increased 1660 being sold at over $600 USD right now, when it's supposed to be around $299 MSRP 100% price increase.
@@seanliebel6306 Blockchains are more than bitcoin; and Blockchain vs cloud is a false dichotomy; unless you are a miner, blockchains are just another form of cloud.
@@carpdog42 Yes I know. I am firmly aware of that. Blockchain is a communications protocol that works in binary format algorithmically. Cloud is not anywhere near censorship resistant either.
I finally get enough money to buy a pc. Then all the gpus disappeared. The only ones left were the 710. I see why the cards are out of stock now. I wished people would chill out a bit. I just wanted a pc Man
Same thing here with cpus. My mum is the only one helping me get a pc and as soon as I'm about to get a cpu which us all I need, the prices go up tremendously.
@@theexploit11 this isn't a carreer lmao. This destabilized economies.. lol I'm all for mining crypto. Under stand that money and currency are different. We use a fiat = currency we do not use money as money needs something physical to back it for it to be money. Food, is money, gold is money. dollars are not money, crypto is not money. It is currency. Okay so one person is freely willy nilly collecting currency for free? um this isn't a business he isn't providing a service. More than likely this dude does some illegal shit. I understand being a creator and all that. This destabilizes economies, fuck that. Economies need you to put back, not keep taking. This behavior on the massive scale it is going on with is sucking up every once of what is suppose to be our collective generational wealth that we pass on down to our next of kin and so on. This is more like inhumane when you break it down. In a really weird f'd up way crypto is a weapon by people like haus klaus or heinrich thomet. Evil.
Yes dear, that's why it's an investment, does that concept not exist in your world? I mean, think of buying property to rent as an investment, you rent it out, you won't be seeing profit for a long while, until after it's paid itself off.
Quick tip. The warmer air is thinner, and the colder air stays at ground floor level. Don't put them on top of each other, so the top one would not have +2-3 C degree. Try to put all of them on the floor where the cold is.
Ill give you a hint. He already has an amazing income doing something else, and he is able to do this on the side. Hes not making shit with that small of a farm, coming from experience. His wattage is through the roof with those PC's despite how small it looks, the algorythms that hes trying to decrypt take months, if not years in some cases to get a full bitcoin, he would need to be in a pool for it to be really profitable at that small of a scale. Plus think about the money he has to spend on rigs like this to keep them profitable. were looking at like 7k minimum in graphics cards every 3 or 5 years when you can hardly make 1k in a year with the operation he has right now? Even if he was in a pool, he would have to take a cut of the profits because its a bunch of resources from a bunch of people sharing it together, and the bigger the pool, the harsher the cuts. Hes not doing this for money yet. Hes barely starting out.
@@3v068 how does he live in his apartment for 3 years with the noise, heat issues, cost issues? If he is making amazing money doing something else he should just buy crypto and hold it instead of dealing with having such a large set up in small space. How does he bring girls over? Or have friends over in that condition? His neighbor don’t complain about the noise? I have mined before and I can tell you it’s like having a million bees buzzing around your house all day and when summer hits the space gets hot asf.
7:58 You have a Loose connection on that busbar Or One of your Circuits have been Drawing to much power as you can see the cable have been very hot and the insulation has burnt and melted (bottom left side of the board), get that fixed as you dont want a fire
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@@MrJaman0083 times are changing my friend. u wanne be a dealer or a legit miner? if i make enough im choosing miner im investing in xrp xlm these mf wil make me more if it works out then any crop would bring
With his hashrate ~1565 MH/s and a mining difficulty over the last two years until now has been about 50% lower he’d get about 56 ETH per year. This would be 112 ETH in total as a rough estimate which would equal to ~$130K today. Pretty solid investment which keeps giving. Building a rig with the same hashrate today from 5700XTs only would cost you about $16K giving (at the moment) ~40 ETH per year.
56 ETH per year would equal to about 0.15 a day which is around $200 based of off the current ETH rate 40 ETH per year would just give 0.1 which is $150 per day which isn't all that bad don't blame if this is wrong
I am fascinated by bitcoinsamurai mode of operation. I am a huge fan of making money effortlessly and what these guys do is lay it on the plate. And your only task is to make your money work for you.
@Miguel Correia I can't be upset about this because I'm basically poor but if I can get a setup like that to live more comfortably I'd definitely do so!!
@@somethinglikethat2176 because, all the miners are using up way to much power. In china it takes 3 nuclear power plants to run the miners. They are in the process of making it illegal right now.
@@n8likesmath simmer. Everyones prices can differ from 1 to other because the markets are the same. For 620$ new yeah pretty shit, better to look for used if possible. Rx 500 series card the 4gb should still be "fair value"
@@dexsters5643 my point here is that we're all in the same boat. there are shortages on chips, and people want to buy those chips. just because this guy is mining with his graphics cards doesn't mean he is any less deserving to buy a graphics card as someone who wants to game. He has to pay the same price as anyone else. the enemy at the end of the day is really Nvidia and AMD and it's not even entirely their fault, it's because of covid too. I don't see any reason to place blame on miners, everyone has their own reasons for buying a gpu.
In laymen's terms, what is approx. cost of a single mining rig, and what does it produce, on average in terms of $$$ value, and lastly, how long does it take to break even, or go into the positive balance?
well it all depends on what cards and components.. i have just two 5700xt and its bringing in about 5.38 a day atm but the electricity cost is about 40 a month. making their guestimate about 168 a month but it is high right now.. which would be about 128 a month profit.. i made this machine for gaming and mining which costs more than just a miner.. the machine wholly costs about 2300, but that was months ago before the new cpus and cards came out.. i got the 5700xts for about 420 a POP.
@@zacharyclinton4531 Thanx for the quick come back!!! Wow, I was under the impression that there was a higher return, especially since the equipment is so expensive. but for a hobby, I can see the allure as well. thanx again!
@@UrbanMiningWithGearHead well the best way to go man would just be buying btc when its low and keeping it in your e-wallet/. until you feel you have made appropriate money... like for example i had bought a car for 2500 earlier this year and now if I had gotten that much in btc at a low moment it would have been a good manuever.. lets say i started in aug at 12k for btc..thats 1/6 of btc.. now if you cashed out at 27000 like now.. that would mean you have 16.6 percent of 27000. so ill do the math for you this once and you can carry the formula.. 4320 cash for that amount of bitcoin saved.. but i would have put in 2500.. so profit margin is $1820 which is most likely the profit amount you have heard of... but that is pertaining to investing in it directly not for machines that churn the code and you get paid for it.. its much more fixed than betting on a volatile currency.. but I do have a pc to use thats very quick now for doom eternal and dota 2... as welll as pretty much anything else pc oriented. i'm glad i can help some.
@@UrbanMiningWithGearHead now remember to compare that to mining which 1820 divided by four for the amount of months.. making it $455 a monthh.. and i get $150(minus $40 for elec) so $110 a month but i knew it wouldn't be a bad profit margin since i have a pc ya know which is still worth alot.
Something similar happened to me but I didn’t lose money. I traded with nothing to show for it until I contacted a pro broker who trades for me and returns profits
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I would love to see an estimate of how much is the hour spent into setting up a yt channel valued. That is, if you were to stop creating content how much money would you get per month and what would the resale value of your channel be, considering that return RealSourceInvestment was my REDEMPTION
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@@Bradleyg142 more but he can make it back in a few months depending on the market. but who knows whats gonna happen to mining after the new eth policy thing
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO?
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mining got hard for me for sometime, i have not found an easy way to mine online that is easy until i got help from a woman here and she helped me and taught me how to mine and also trade, incase anyone needs help with mining and trading, she has got you covered. You can reach her on telegram as Mrs Harper Ella
wow, i actually felt i was the only one she helped out! She is more like a God sent, i was having issues with my mining and trade, and i consulted her, fro two months i could not trade well and i lost a lot in trading but she helped me out in a week with all my trade and mining issues
Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that
@@anitajames3326 Bitcoin investment is just like is just like every other form of speculative investment where you trade commodities to determine which gains or losses against another in order to make profits, just like in forex trading
offcourse, in bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you a better chance to win your trades and ensure good ROI
if i'm not wrong, he have 30 ampere so 6.6kwh that is 60 gpu assuming those gpu consume 100watt each(which should be about correct imho) + 600 watt for other components, this is 0.20 btc per month at current eth difficulty and exchange rate, which translate to around $250-300 per day
Successful people don't become that way overnight, what most people see at a glances of wealth, a great career purposes is the result of hardworking and hustle over time.
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Very nice setup you have there mate! Any chance you can help me with the settings you used for the Asrock Taichi cards? My gigabytes run smooth and stable but my Asrock Taichi can have a hell of a time staying up.
so i have question in my mind.. if someday in case you facing troubleshot,. what the technical to resolving method,.. for examples - fire,. flowd, earthquake, chaos, or shuting down electricity in local house all town city..
no sir... its your fault... no one made you pay that much... if its overpriced just dont pay it... jeez... PS: this guy can go eat a big fat one for mining
@@supercrazy50000 Then you have no one to blame but yourself. Also none of his rig has 3000 series cards. So I dont even know why youre commenting that it's his fault.
Um.. you tested the amperage on the NEUTRAL and one hot... You need to test on both hot wires as you are testing the draw on a 2 pole 50 ckt. Look at your panel again.. The two wires that go to the TOP are the feed wires, the one down on the bottom is on the bus with the white wires or neutral wires.
Nice set-up! Your electric is about 5000 Kwh/month. Looks like your revenue as of 12/27/2020 should be about $60/day or $1800/month. Electric should cost $500-$750 month but also covers your heat bill. I would estimate your investment is about $12-$15,000 in GPU's. Good thing about GPU's is you can sell them for about $5-15,000 when ETH peaks out at $5000/ 1 coin in the next 1-2 years. You should be mining close to 3.0 ETH/month or 20-50 ETH in 1-2 years (hard to calculate since it depends on how much the difficulty increases and when the switch-over to POS takes place). If you HODL all of the ETH, you could be sitting on $100-$250,000! Great time to be mining ETH! BTC is mooning!
He ain’t making any money. Miners are the sucker getting the lowest payout. Does all the work for pennies while I make 4 trades a day and blow your whole equation out of the water. Will be five years before he even comes close to breaking even. He hast to sell to maintain.
@@MrJaman0083 The breakeven point with ETH is 6-9 months. You forget he is heating his apartment as well--he has a furnace that pays in ETH. You can both trade and mine.
For taxes in the USA, you get to deduct all of the hardware cost in the year the equipment is purchased and the cost of the electricity used to mine plus the internet cost. I estimate the full year 2020 revenue of $30/day * 360 days = $10,800. The electricity should be around $6000 and the internet around $240. So, the 2020 impact on taxes is: ($10,800-$15,000-$6000-$240) = ($10,440). You get to deduct $10,440 of income off of your State & Federal Income taxes. HODL the ETH and sell it after holding for 1 year and you pay Long Term Capital Gains!
But this moron spent 16000+ on hardware. This certainly wasn't his money to begin with, otherwise there's no way he would have pissed it away so foolishly. If he would have spent the money on ethereum instead of on the hardware, he would have had WAY more ethereum and profit by now. This is the epitome of foolishness
@@other2718 lol. Go back to Reddit. This man is made. Jan '19 - June '20, ETH $107-$228 then 📈 $586 Dec '20...but Miner's been in it for 3 years, which places setting rigs @ $687 for 4 months before the plummet. Miner held I've no doubt, whether in coin or equipment, and is s i m p l y ma d e. Fuq'n beautiful!
How does this whole Bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily on it but I'm gonna need some assistance from any trusted and productive professional
Hello, I'm new to forex trade And have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
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Mining Cards or not they use GDDR6 memories which is one of the reasons for the world wide video cards shortage at this moment. And keep in mind that the vast majority of people are not using dedicated mining cards but normal ones. And at least some of the video cards from the video above are NOT mining cards as mining cards usually do not have video outputs. My Ryzen 7 2700 CPU utilization in those few titles I'm playing barely go over 20-30%. In fact the processor is even in idle mode while the GPU is literally drowning at 100% usage causing shuttering, low FPS and low speed in general.
@@cookieandcoffee8232 Well i only have a 1660 at the moment and runs everything fine, Granted i need an upgrade when they are available but there's plenty of 1660's in stock, so peoples argument that the CANT get a GPU is false, they just cant get the one they want at the moment. My local pizza place haven't got wings at the moment, do i go round shouting at the other customers?
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So at 65 amps run rate.... how much do you earn, or mine, per month on average? Thanks for sharing.... very informative. Why don't you upgrade the less efficient GPU's to more efficient ones gradually... or do they run better parallel? Thanks man. Best wishes and Happy new year!
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So this is where all the graphics cards went.
these are all gtx cards none of these are the 30 series
@@ollyvrc I know, is just joke
@@intervjaurenh4060 oh that sure was funny it fits the description of a joke yes
@@ollyvrc i mean even then all gpus are out of stock nvidia and amd
@@ollyvrc and its not just the 30 series are out of stock rn
even the rtx 2060 and 1660 are having their price increased
1660 being sold at over $600 USD right now, when it's supposed to be around $299 MSRP
100% price increase.
At least you have already almost everything set up for growing weed if bitcoin dies.
Saying that bitcoin or ethereum dying is like saying computers will die. Ha. Not going to happen. Blockchain is the way forward not cloud.
@@seanliebel6306 When it is no longer profitable to mine it without Asic
@@AntonBj3 monero algorithm is desinged to prevent asic mining
@@seanliebel6306 Blockchains are more than bitcoin; and Blockchain vs cloud is a false dichotomy; unless you are a miner, blockchains are just another form of cloud.
@@carpdog42 Yes I know. I am firmly aware of that. Blockchain is a communications protocol that works in binary format algorithmically. Cloud is not anywhere near censorship resistant either.
And this is the reason why I can´t afford a new graphics card...thank you.
And you can’t buy any online
Yes because there is a shortage of 1660 supers 1070's
@@BIackCadillac you beat me too it! 🤣🤣
@@BIackCadillac LMAOOO
More of the issue comes from a global shortage of chips anyway, not just GPU's. Miners are only a tiny part of the GPU consumers.
I finally get enough money to buy a pc. Then all the gpus disappeared. The only ones left were the 710. I see why the cards are out of stock now. I wished people would chill out a bit. I just wanted a pc Man
Is just stupid how they make the market so ''valued'' and the cards out of stock just because now these ''miners'' are doing their shit...
Same thing here with cpus. My mum is the only one helping me get a pc and as soon as I'm about to get a cpu which us all I need, the prices go up tremendously.
I just want a pc aswell these guys dont take people like us into consideration
I Heard Nvidia is coming up with a way to get the gpus back to normal. So now just have to wait like a few months.
@@acr6nix well knowing Nvidia its gonna be rtx 4000 release till anyone can just get on best buy or amazon and just order any rtx 3000 card
imagine this guys face when he saw the 3090
actually the 3060ti is kinda better when u analyse it's Cost x Benefit
@@r.radtke 3090ti when?
@@r.radtke note fot the future
How good is the 3090 for mining? Never looked into mining and well I have 3090
@@jay-1172 It mines around 118MH/s with nicehash app, and spends 285W of energy with overclocked settings.
Look at all of those graphics cards that couldn't go to a gamer
i bet they do make there way to a gamer , just with like 2% life left in it
i mean that is his carrer
If you want a 1070 or RX 5000 series card, look on craigslist or facebook marketplace. Plenty there.
@@GTOFan350 non of thoose are available in my location on earth. same as the 2k$ checks for being u.s. citizen
@@theexploit11 this isn't a carreer lmao.
This destabilized economies.. lol I'm all for mining crypto.
Under stand that money and currency are different.
We use a fiat = currency we do not use money as money needs something physical to back it for it to be money.
Food, is money, gold is money. dollars are not money, crypto is not money. It is currency.
Okay so one person is freely willy nilly collecting currency for free? um this isn't a business he isn't providing a service.
More than likely this dude does some illegal shit.
I understand being a creator and all that.
This destabilizes economies, fuck that.
Economies need you to put back, not keep taking.
This behavior on the massive scale it is going on with is sucking up every once of what is suppose to be our collective generational wealth that we pass on down to our next of kin and so on.
This is more like inhumane when you break it down.
In a really weird f'd up way crypto is a weapon by people like haus klaus or heinrich thomet.
Evil.
at least your electric bill is coming zero for heating house.
It's an ingenious way to pay for heating your home for the year!
@@seanliebel6306 Until you factor in that a single GPU costs more than an electric heater to buy; and doesn't reach the same level of heat produced.
But does your heater bring in money? no? your heater isn't an investment? didn't think so.
Your card needs to pay for most of itself before it actually makes money. For the first year you're just making back the money you spend on hardware.
Yes dear, that's why it's an investment, does that concept not exist in your world?
I mean, think of buying property to rent as an investment, you rent it out, you won't be seeing profit for a long while, until after it's paid itself off.
Man you gonna have the law tripping with infrared over your house thinking your growing 🤣
Yoooooo I was just thinking about this, no wonder cops were sitting next to my building these pass few weeks. 🤣🤣🤣🤣 this explains everything. 🤔
You're
Half the girls u see on internet have colored lights coming from there rooms these days
That actually happened recently
This is proof that you get 2x the mining capacity with RBG gpu's
Quick tip. The warmer air is thinner, and the colder air stays at ground floor level. Don't put them on top of each other, so the top one would not have +2-3 C degree.
Try to put all of them on the floor where the cold is.
I've never seen anything like this (working in IT for over 20 years) I think it's absolutely awesome!!! Thanks for sharing!
Search on yt Bitcoin farm u will be amazed
imagine you have a full room of 3090's mining. RIP ELECTRICITY BILL
rip stock*
Rip Bank account
It looks like a secret weed farm
dude exactly LMAO
most likely it was a weed farm before a mining farm, thats how he probably got enough cash to start it
Imagine having all these GPUs and still having that Applaud Donation button...
A rat.
So you are the person who took happiness from us.
You should make a video describing how much does it cost per month, and how much you make
Ill give you a hint. He already has an amazing income doing something else, and he is able to do this on the side.
Hes not making shit with that small of a farm, coming from experience. His wattage is through the roof with those PC's despite how small it looks, the algorythms that hes trying to decrypt take months, if not years in some cases to get a full bitcoin, he would need to be in a pool for it to be really profitable at that small of a scale. Plus think about the money he has to spend on rigs like this to keep them profitable. were looking at like 7k minimum in graphics cards every 3 or 5 years when you can hardly make 1k in a year with the operation he has right now? Even if he was in a pool, he would have to take a cut of the profits because its a bunch of resources from a bunch of people sharing it together, and the bigger the pool, the harsher the cuts. Hes not doing this for money yet. Hes barely starting out.
@@3v068 how does he live in his apartment for 3 years with the noise, heat issues, cost issues? If he is making amazing money doing something else he should just buy crypto and hold it instead of dealing with having such a large set up in small space. How does he bring girls over? Or have friends over in that condition? His neighbor don’t complain about the noise? I have mined before and I can tell you it’s like having a million bees buzzing around your house all day and when summer hits the space gets hot asf.
7:58 You have a Loose connection on that busbar Or One of your Circuits have been Drawing to much power as you can see the cable have been very hot and the insulation has burnt and melted (bottom left side of the board), get that fixed as you dont want a fire
sssssst. dont tell him. let all the miners burn :)
@@firefly2472 What is your problem
@@firefly2472 fr haha
@@firefly2472 yea
wont burn it is the ground conection
He is the reason why 1070s are so expensive in the resale market
If you check the resale prices of the vega 7s, you'll know the 1070s are nothing.
Thanks man for being part of the gpu's sht show
me: how much FPS you have?
he: 10 556+
me: how?
he: look :D
those gpus ar conected and working together but their video power dont, its not like a sli
@@eduardoquiroz6770 issa joke man
*him :D :D :D
A great video indeed. Forex and cryptocurrency investments requires some skills and training to help manage business risks and to have good profit turn out. Indeed, a good trader is required to handle trade unpredictabilities. I recommend to all intending investors to my expert Mrs Tracy Brad. Her trader-friendly approach and sincerity stand her out as the best ...give her a try.
I'm pleased by the streams of recommendations made out here about this amazing broker..Indeed, the forex market is replete with risks and that is the reason certified brokers are recommended. Expert Mrs Tracy my broker of fine repute has just got me double my trading equity! I now own a car from the profit made of a meagre $2500 startup capital which plummeted by about 250% in two weeks...I lack words to thank you Ma!
This is not the first time am hearing of Mrs Tracy Brad and her trading skills but I have no idea on how to get in touch with her
I invest with Mrs Tracy too, she charges 20% commission on profit made after every trading. As a first time investor I started trading with Mrs Tracy with just a thousand of bulks, my portfolio is much more than that now within just weeks of trading with her
The no risk factor in her investment is the most amazing with her this means she takes full responsibility for bad teased landing you with no chance of losing money, she's indeed the most reliable and reputable broker i know
Wow! This is indeed goodnews...I started investment in the forex market barely a week ago.I'm not so familiar with brokers. can someone please connect me to Mrs Tracy.?
bro people like you are preventing others from buying a gpu . Thanks man appreciate it. (Sarcasm btw)
Was u a cannabis grower before u started mining nice tent and ac infinity inline fan
😂
He would make more money if he grew cannabis.
That’s what I’m saying. This guy has all the filters and everything
@@MrJaman0083 Not!
@@MrJaman0083 times are changing my friend.
u wanne be a dealer or a legit miner?
if i make enough im choosing miner
im investing in xrp xlm these mf wil make me more if it works out then any crop would bring
With his hashrate ~1565 MH/s and a mining difficulty over the last two years until now has been about 50% lower he’d get about 56 ETH per year. This would be 112 ETH in total as a rough estimate which would equal to ~$130K today. Pretty solid investment which keeps giving. Building a rig with the same hashrate today from 5700XTs only would cost you about $16K giving (at the moment) ~40 ETH per year.
I’m lost, he’s making 130k dollars ?
56 ETH per year would equal to about 0.15 a day which is around $200 based of off the current ETH rate
40 ETH per year would just give 0.1 which is $150 per day which isn't all that bad
don't blame if this is wrong
I am fascinated by bitcoinsamurai mode of operation. I am a huge fan of making money effortlessly and what these guys do is lay it on the plate. And your only task is to make your money work for you.
Get a job loser
The timing of the music and using the KDM switch at 5:45 is on point
keep buying and investing in stocks or crypto,soon Bitcoin will hit $100,000
Bitcoin is the future, investing in it now will be the wisest thing to do especially with the current rise in Bitcoin
I made $13,800within 6days of trading
@@gracewang5494 you're lucky
I lost $1500 trading with an unprofessional trader
thanks for introducing me to Mrs Esther Lole
This will be illegal in years to come
Probably not wrong, just generating profit the government doesn't get to fucking steal, and they don't like not getting their cut.
@Miguel Correia I can't be upset about this because I'm basically poor but if I can get a setup like that to live more comfortably I'd definitely do so!!
@Miguel Correia thats how mafia works
Why would this be illegal?
@@somethinglikethat2176 because, all the miners are using up way to much power. In china it takes 3 nuclear power plants to run the miners. They are in the process of making it illegal right now.
Hey nice setup but which site do u use for mining? I really need a good mining site so any tips?
So, this is the reason I had to pay $620 for a 1660...
yeah your not the only one with these problems
damn u got scammed
he paid the same price as you so stfu
@@n8likesmath simmer. Everyones prices can differ from 1 to other because the markets are the same.
For 620$ new yeah pretty shit, better to look for used if possible.
Rx 500 series card the 4gb should still be "fair value"
@@dexsters5643 my point here is that we're all in the same boat. there are shortages on chips, and people want to buy those chips. just because this guy is mining with his graphics cards doesn't mean he is any less deserving to buy a graphics card as someone who wants to game. He has to pay the same price as anyone else. the enemy at the end of the day is really Nvidia and AMD and it's not even entirely their fault, it's because of covid too. I don't see any reason to place blame on miners, everyone has their own reasons for buying a gpu.
Man I can only imagine his Electric bill.
He covered in a previous video that his electricity is rolled into his rent which I thought was on a contract.
Also if he is making the profit it would seem he is making, he covers the bill cost easily in what he has mined.
@@dfnkt that cant last long.
Bro gohan at the end made me feel so nostalgic and i didnt Even know that the narrator was gohans voice actor
I think somebody really knows about thermodynamic and airflow... :D Cool tent, and cool setup, well done!
I'm fine, but thanks anyway👍
Beautiful farm! Good feeling to watch over one's babies humming and hashing away.
it's more like torturing these poor GPUs.
What we want to know is the “how much” of everything, cost profit and stuff
around 15k
In laymen's terms, what is approx. cost of a single mining rig, and what does it produce, on average in terms of $$$ value, and lastly, how long does it take to break even, or go into the positive balance?
Also curious about this.
well it all depends on what cards and components.. i have just two 5700xt and its bringing in about 5.38 a day atm but the electricity cost is about 40 a month. making their guestimate about 168 a month but it is high right now.. which would be about 128 a month profit.. i made this machine for gaming and mining which costs more than just a miner.. the machine wholly costs about 2300, but that was months ago before the new cpus and cards came out.. i got the 5700xts for about 420 a POP.
@@zacharyclinton4531 Thanx for the quick come back!!! Wow, I was under the impression that there was a higher return, especially since the equipment is so expensive. but for a hobby, I can see the allure as well. thanx again!
@@UrbanMiningWithGearHead well the best way to go man would just be buying btc when its low and keeping it in your e-wallet/. until you feel you have made appropriate money... like for example i had bought a car for 2500 earlier this year and now if I had gotten that much in btc at a low moment it would have been a good manuever.. lets say i started in aug at 12k for btc..thats 1/6 of btc.. now if you cashed out at 27000 like now.. that would mean you have 16.6 percent of 27000. so ill do the math for you this once and you can carry the formula.. 4320 cash for that amount of bitcoin saved.. but i would have put in 2500.. so profit margin is $1820 which is most likely the profit amount you have heard of... but that is pertaining to investing in it directly not for machines that churn the code and you get paid for it.. its much more fixed than betting on a volatile currency.. but I do have a pc to use thats very quick now for doom eternal and dota 2... as welll as pretty much anything else pc oriented. i'm glad i can help some.
@@UrbanMiningWithGearHead now remember to compare that to mining which 1820 divided by four for the amount of months.. making it $455 a monthh.. and i get $150(minus $40 for elec) so $110 a month but i knew it wouldn't be a bad profit margin since i have a pc ya know which is still worth alot.
Crypto currency investment is here to stay if you can’t see that at this point its time you learnt more about it
Accurately spoken, this is the best thing I’ve heard in a while. You’ve got my point
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I wanna know how much he's gaining in a day?
I would assume -$ unless he is steeling the power from his neighbors.
a lot of grey hair
100-110$ profit per day.
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I wanna know how much all that cost and how much you're making with everything put together. :)
Same i even wanna know
@@jds344 using a hash rate calculator, with current value of eth, he gets around 1300 MH/s which is around 100-110$ a day
@@logiknotlogic6586 but it’s a 16k investment?
@@Bradleyg142 more but he can make it back in a few months depending on the market. but who knows whats gonna happen to mining after the new eth policy thing
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mining got hard for me for sometime, i have not found an easy way to mine online that is easy until i got help from a woman here and she helped me and taught me how to mine and also trade, incase anyone needs help with mining and trading, she has got you covered. You can reach her on telegram as Mrs Harper Ella
wow, i actually felt i was the only one she helped out! She is more like a God sent, i was having issues with my mining and trade, and i consulted her, fro two months i could not trade well and i lost a lot in trading but she helped me out in a week with all my trade and mining issues
great to get an update on all the new rigs, jealous it's winter over there though
oh your the guy who helped with the shortage of graphic cards. thanks alot
Finding a card before the holidays (aud still today) was a pain. Thanks to those miners.
From potfarmer to crypto miner! Nice tent!
Are you planning on becoming an ethereum staker in the future? And, what will you be mining instead of ETH once eth won’t be “ hardware mined”
Eth supply is infinite
i miss my farms. electricity is to expensive here in the Netherlands!
keep digging sir. great work
GatesTech bipass, ,or hack a street light lol
Me: I wonder where the graphics cards went
Every Crypto Miner Ever:
Impressive! Have you been approached about a more commercial approach? I’d be interested in investing to scale up your op.
Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that
I agree on your opinion man,generally I sheets look out for it to dumb so I can purchase dime me truly I believe it has come to stay
What's really the idea behind this bitcoin investment anyway, because all I do is buy when it falls and sell when it goes high
@@anitajames3326 Bitcoin investment is just like is just like every other form of speculative investment where you trade commodities to determine which gains or losses against another in order to make profits, just like in forex trading
Relating Bitcoin investment to forex trading definitely means they are risk involved, and just how do you take appropriate risk measures
offcourse, in bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you a better chance to win your trades and ensure good ROI
if i'm not wrong, he have 30 ampere so 6.6kwh that is 60 gpu assuming those gpu consume 100watt each(which should be about correct imho) + 600 watt for other components, this is 0.20 btc per month at current eth difficulty and exchange rate, which translate to around $250-300 per day
I'm going out on a limb here, but I'm guessing you aren't planning to move anytime soon.
What is you electricity bill per month using 67amps at 120volts? Is it 8,040 watts? What is your cost of electricity to your income from mining?
Successful people don't become that way overnight, what most people see at a glances of wealth, a great career purposes is the result of hardworking and hustle over time.
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Very nice setup you have there mate!
Any chance you can help me with the settings you used for the Asrock Taichi cards?
My gigabytes run smooth and stable but my Asrock Taichi can have a hell of a time staying up.
Have you done the calculations to figure out when you will potentially break even at current prices? That’s a lot of hardware and electricity.
Dude ffs of course he has
At current prices he IS in profit!!!!!!!!
@@karkkimarkkinat2109 Let's see the video breaking down the numbers then...
@@swordandscale I think he made a video on that... It was confusing though
so i have question in my mind.. if someday in case you facing troubleshot,. what the technical to resolving method,.. for examples - fire,. flowd, earthquake, chaos, or shuting down electricity in local house all town city..
in that case he would be fucked up so hard, probably he is reserving enough money to install same equipment and systems again
I want to see your grow, seeing the equipment you use, I see you have experience
I strongly doubt this dude smokes weed.
@@ginsuma1402 The set up is really similar to a in house cannabis farm lol
@@hughlysds5411 lol I'm familiar ;)
welp looks like i'm not getting a 5700 at a reasonably price anytime soon lol
I got a feeling that you do not get many visitors?
i dont no how i feel about the hat and hair gel look but its a vibe for sure
What a waste of computing power. I remember the good old days when one would give some CPU time to SETI project to help find aliens.
or for the Folding at home project for helping people, like this would of been a overkill machine's for that but well people greedy like always
Finding aliens doesn't pay the rent.
Hey buddy, great video. Can you share links to where you bought these rigs from? Cheers.
ALL THOSE GPUS, ITS YOUR FAULT IF I PAID MY 3080 OVER 1000€
no sir... its your fault... no one made you pay that much... if its overpriced just dont pay it... jeez... PS: this guy can go eat a big fat one for mining
@@TheDrkCripler thats just basical comedy, i paid that much cause for me it’s worth the price
@@supercrazy50000 Then you have no one to blame but yourself. Also none of his rig has 3000 series cards. So I dont even know why youre commenting that it's his fault.
@@knifeuu777 IT'S A DAMN JOKE BRO CHILL
The life of a miner is the nightmare of gamers.
ETH at $5,000 in 1-2 years is the best estimate I dare to make right now and what I am using for planning purposes.
And least $8,000-9,000. It's going to 100x from it's lows in Dec'18 and March '20.
Um.. you tested the amperage on the NEUTRAL and one hot... You need to test on both hot wires as you are testing the draw on a 2 pole 50 ckt. Look at your panel again.. The two wires that go to the TOP are the feed wires, the one down on the bottom is on the bus with the white wires or neutral wires.
Love these videos! Cypherpunk vibes
pretty cool recap!! so you are using 8148 watts for the hole setup ( 30.5amps+37.4amps X 120volts )
Nice set-up! Your electric is about 5000 Kwh/month. Looks like your revenue as of 12/27/2020 should be about $60/day or $1800/month. Electric should cost $500-$750 month but also covers your heat bill. I would estimate your investment is about $12-$15,000 in GPU's. Good thing about GPU's is you can sell them for about $5-15,000 when ETH peaks out at $5000/ 1 coin in the next 1-2 years. You should be mining close to 3.0 ETH/month or 20-50 ETH in 1-2 years (hard to calculate since it depends on how much the difficulty increases and when the switch-over to POS takes place). If you HODL all of the ETH, you could be sitting on $100-$250,000! Great time to be mining ETH! BTC is mooning!
he the collectable guru of crypto XD lol
He ain’t making any money. Miners are the sucker getting the lowest payout. Does all the work for pennies while I make 4 trades a day and blow your whole equation out of the water. Will be five years before he even comes close to breaking even. He hast to sell to maintain.
@@MrJaman0083 The breakeven point with ETH is 6-9 months. You forget he is heating his apartment as well--he has a furnace that pays in ETH. You can both trade and mine.
I know nothing of mining crypto, can you tell me how does this translate into crypto currency
For taxes in the USA, you get to deduct all of the hardware cost in the year the equipment is purchased and the cost of the electricity used to mine plus the internet cost. I estimate the full year 2020 revenue of $30/day * 360 days = $10,800. The electricity should be around $6000 and the internet around $240. So, the 2020 impact on taxes is: ($10,800-$15,000-$6000-$240) = ($10,440). You get to deduct $10,440 of income off of your State & Federal Income taxes. HODL the ETH and sell it after holding for 1 year and you pay Long Term Capital Gains!
But this moron spent 16000+ on hardware. This certainly wasn't his money to begin with, otherwise there's no way he would have pissed it away so foolishly. If he would have spent the money on ethereum instead of on the hardware, he would have had WAY more ethereum and profit by now. This is the epitome of foolishness
@@other2718 You'll make for a fine rung for the rest of us to climb the economic ladder.
@@other2718 lol. Go back to Reddit. This man is made. Jan '19 - June '20, ETH $107-$228 then 📈 $586 Dec '20...but Miner's been in it for 3 years, which places setting rigs @ $687 for 4 months before the plummet. Miner held I've no doubt, whether in coin or equipment, and is s i m p l y ma d e. Fuq'n beautiful!
I like your funny words, magic man
I don’t care how many cards in your room. Just give me the name of song 😂😂😂
Hi , which mining os is best ? and if i earn per day for the 1BTC how many gpu want to use ?
Dude u gonna grind to
Success 🤘😂✊
so what are you doing with the ethereum? selling it bit by bit? holding on? how do you pay up keeps?
Well if you think the only best way to profit from Bitcoin is by holding it then you're wrong. I make at least 2.06btc every week with Robert's FX
That's a huge sum.
Life be like that sometimes 💯
Bitcoin is one of the best way to invest and make millions at the moment with the current rising in it.
Exactly!
In a few years to come, people will be kicking themselves in regret if they miss this opportunity of buying and investing in crypto currency.
How does this whole Bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily on it but I'm gonna need some assistance from any trusted and productive professional
Crucial facts!!
awesome videos!!!! What is your 6 x 5700xt GPU mining rig pulling for power mining ETH?
Hello, I'm new to forex trade And have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
All you need now is a professional broker else you gonna continue blowing of your account.
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Have you paid off your initial investment costs ?
can't imagine how much your electric bill is gonna cost
why u need mining rig if you can do it on phone? sorry im newbie please educate me
Meanwhile people are straving and can't afford to even buy a single video card mid range to replace some gtx660 :(
they are mining cards not gaming cards
If they are starving i doubt they are that worried about GPU's being out of stock
@@liamjames2956 lol
Mining Cards or not they use GDDR6 memories which is one of the reasons for the world wide video cards shortage at this moment. And keep in mind that the vast majority of people are not using dedicated mining cards but normal ones.
And at least some of the video cards from the video above are NOT mining cards as mining cards usually do not have video outputs.
My Ryzen 7 2700 CPU utilization in those few titles I'm playing barely go over 20-30%. In fact the processor is even in idle mode while the GPU is literally drowning at 100% usage causing shuttering, low FPS and low speed in general.
@@cookieandcoffee8232 Well i only have a 1660 at the moment and runs everything fine, Granted i need an upgrade when they are available but there's plenty of 1660's in stock, so peoples argument that the CANT get a GPU is false, they just cant get the one they want at the moment. My local pizza place haven't got wings at the moment, do i go round shouting at the other customers?
That monitor switch is very helpful
So you are the reason why all the graphics cards are not available!
What’s your profit?
how much $$$ do you make in 1 day of mining?
I wonder too, I expect maybe a dollar a day or something, but it keeps rising in value.
@@DamienAlexander lol from all those gpus $1 a day..... u sped?
100 dollars a day probably
So how much do you make a day roughly help but pick one of the ones you mining
How much eth u get in one day..
Comment me...
Thanks miners for buying all the cpu.
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I started mining with $5k with a positive mindset and today I have made up to $29k mining with Denis Mark
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So is it really worth it to deprive the rest of us in having graphics cards for things like i dunno..gaming?
I'm not giving financial advise--only telling you what I am doing!
So at 65 amps run rate.... how much do you earn, or mine, per month on average? Thanks for sharing.... very informative. Why don't you upgrade the less efficient GPU's to more efficient ones gradually... or do they run better parallel? Thanks man. Best wishes and Happy new year!
This man doesn’t grow weed he grows etherium with those tents.
It takes only an expert trader to analyse the market value Michael martins is the best account manager I have ever met in my life I’m so excited I invested with him
Life of a guy whos preventing a bunch of people from gaming
Also, how tf is your hat staying on