How to solo mine Dogecoin with cheap hardware

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  • Опубликовано: 31 дек 2024

Комментарии • 57

  • @Chuck8541
    @Chuck8541 11 дней назад +5

    The difference a few months make! As of today, 20 December 24, it's profitable again! Lucky you if you bought this at 462 bucks! Now they're up to over 1K

  • @Sponsor_Block
    @Sponsor_Block 3 месяца назад +20

    A big entity or whole region can accidently go offline and you hit block's

  • @KeyBit-h9w
    @KeyBit-h9w 29 дней назад +2

    Short and sweet, yet so informative. I’ve been following your lead with my own content recently.

  • @deviousme0234
    @deviousme0234 3 месяца назад +8

    problem is after 3 years you paid 900$ on electricity + you paid 500$ on the asic then you would not roi it (rate 0.25$/kwh) so if electricity is not cheaper, you better buy the coin (in my opinion) unless you can use the heat in the winter i gues

    • @SebsFinTechChannel
      @SebsFinTechChannel  3 месяца назад +2

      The hope is to hit the block early, after just a few months. Then you can turn it off and sell the miner if you want. Or keep solo mining hoping to hit a second block. Or pool mine for small steady income.

    • @deviousme0234
      @deviousme0234 3 месяца назад +2

      @@SebsFinTechChannel well now thinking about it, is same like using nano avalon 3 solo mining bch, 140watt 1/17y chance, (150$) so this option maybe better idk :p

  • @N1NJAKIDD
    @N1NJAKIDD 3 месяца назад +4

    Good idea, I'll be interested to see how it goes, keep us updated please. I have one of those mini 3 asics as well

  • @causingahruckus
    @causingahruckus 3 месяца назад +2

    Do you have a video on setting one of these up to mine all three of the current coins? By that i mean doge, LT, and Bell.

    • @SebsFinTechChannel
      @SebsFinTechChannel  3 месяца назад

      I sure do! Here's the link: ruclips.net/video/Tq5tdG7TYmo/видео.html

  • @MangledRemainz
    @MangledRemainz 3 месяца назад +2

    Love the graphics on it! Really need to acquire a Scrypt miner. One I have been wanting to do but haven't pulled the trigger yet. Too many new ASICs being released in such a short time.

  • @cuthbery0759
    @cuthbery0759 3 месяца назад +4

    Solo mining is more towards luck than hashrate/ wifi speed / location right ?
    So we technically do have a chance of hitting a block right ?

    • @SebsFinTechChannel
      @SebsFinTechChannel  3 месяца назад +2

      Yes it is primarily luck based, but more hashrate and faster connection to the pool improve your odds.

    • @cuthbery0759
      @cuthbery0759 3 месяца назад +1

      @@SebsFinTechChannel thanks , hope you hit a block soon. All the best

  • @Frugleclock
    @Frugleclock 21 день назад +2

    Have you hit it yet buddy? Been 3 months

  • @nurseryrhymesforkids8589
    @nurseryrhymesforkids8589 27 дней назад

    Good video. Is there a solo pool that mines both lite coin and doge coin at the same time?

  • @_Fadedpolo
    @_Fadedpolo Месяц назад

    im still confused what is the best option for a beginner to solo mine just to mine in hope of getting a block.

  • @ronwatkins5775
    @ronwatkins5775 3 месяца назад +6

    I would like to learn how to setup my own nodes so that I can avoid pool fees.

    • @SebsFinTechChannel
      @SebsFinTechChannel  3 месяца назад +4

      This is something that’s definitely on my list for a future video 👍

  • @keithconrad4892
    @keithconrad4892 10 дней назад

    Will you solo mine litecoin or doge?

  • @zombiator4hire
    @zombiator4hire 3 месяца назад +4

    How do i know these pools are actually going to tell me when ive hit a block? And they arent actually taking my hashrate to mine anything. Its not like block number whatever can be traced back to a specific miner.

    • @atshapi13
      @atshapi13 3 месяца назад +2

      My exact thoughts can't trust shit nowadays especially online lol

    • @jonathanrogers3490
      @jonathanrogers3490 День назад

      ​@atshapi13 where do I read good info for mining dogecoin. I am thinking about buying some hardware and start some mining.

  • @willabplanalp6778
    @willabplanalp6778 3 месяца назад +2

    Great video

  • @Crypto_Junkyard_Miner
    @Crypto_Junkyard_Miner 3 месяца назад +1

    Bro make sure the pool is merge with litecoin and bell for maximum profit

  • @alexandervillalobos599
    @alexandervillalobos599 3 месяца назад +1

    Hey your discount code SEB didn't work, do I have to buy more than one unit?

    • @SebsFinTechChannel
      @SebsFinTechChannel  3 месяца назад

      Ah, I believe the SEB code only works for units priced roughly $1,000 or more, as miners below that price are so cheap already that they would lose money by giving an additional $130 off. Sorry about the confusion there.

  • @jeremybutler2578
    @jeremybutler2578 2 дня назад

    Why dont you buy a solar system and pnly use the solar to mine with? They got camping setups and backup home systems on amazon...youre going to spend a few grand in graphics cards why not invest a few grand in a good solar system to mine off grid... its essentially going to pay for itself and any expansions you decide to make on it... im setting aside 7,000 for solar to start... 5000 for the inverter and batteries and 2000 for the panels.

  • @nancykirk2650
    @nancykirk2650 18 дней назад +2

    Is it possible to mine with a Cell phone??🤔

    • @jeremybutler2578
      @jeremybutler2578 2 дня назад +1

      Yes. There's videos on RUclips on how to do it.

  • @naphotography
    @naphotography Месяц назад +1

    Did you hit?

  • @GamingwithKentuckianJD
    @GamingwithKentuckianJD Месяц назад

    is there any profitable Doge miners?

  • @antonioveloy9107
    @antonioveloy9107 3 месяца назад +1

    If you dont want it... I'll take it ^^

  • @big_dwz
    @big_dwz 25 дней назад +1

    Bet you are kicking yourself now LOL just playing my 3 goldshell 3 miners are profitable right now because of the current price.

  • @tyt09
    @tyt09 3 месяца назад +2

    Thanks for the video seb.
    Im sorry for this comment but Nothing is profitable a long time ago...only if your electricity is free.😅

  • @AstroAdvisorBTC
    @AstroAdvisorBTC 8 дней назад

    Are flash BTC generators scams, or are there real ones out there?

  • @ChrisPavlides
    @ChrisPavlides 24 дня назад

    wow, wtf. How to mine Dogecoin when this is just a meme coin ?
    No complain, im a doge holder, just for Elon, but miner for DOGE ?
    COME OOONN!!

    • @SebsFinTechChannel
      @SebsFinTechChannel  24 дня назад +1

      Over 6 million dollars of DOGE is mined every single day. Absolutely makes sense that there is purpose built hardware for it.

  • @gaming4fun226
    @gaming4fun226 3 месяца назад +1

    Interesting

  • @sumsii1
    @sumsii1 3 месяца назад +2

    You don't mine at least 1 block within 3 years.
    On average 1 block within 3 years. That's a big difference.
    You're welcome.

  • @fiftysix.5.6
    @fiftysix.5.6 3 месяца назад +1

    🍜🍜🍜🍜🍜

  • @mooovie6523
    @mooovie6523 3 месяца назад +3

    Stop promote gurbage