The problem with ASIC miners is they're only built for the singular purpose of mining, while on the other hand graphics cards still have resale value. If the difficulty increases to the point where the ASIC becomes redundant it would be better to use it as a really expensive paperweight. For the price of the ASIC mentioned in your video, you could get a couple of 3090's that would have greater profitability and resale value.
Mr Corey is the man behind my achievements, I never knew I will ever have reason to smile after falling from one scam to another now I'm a free soul, paid my debts in full. I will be forever be thankful to you sir and gladly refer you to others..
@@nateadams4466 it's true tho, bitmain is a company worth >$50 Billion and it's founder one of the richest people. The best part ? he's making it all risk free, even if crypto goes to hell with prices their hardware will still be in the market meaning they make money off of crypto, 100% risk free.
I'm new to forex trade and I have making huge losses but recently I see a lot of people earning from it. can someone please tell me what I'm doing wrong
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Great video. You missed one main point; as time goes on, difficulty in mining goes up generally, sometimes goes down. So, the 102% ROI with the S19j is not really realistic. In 6 months, S19j might be making $10 a day instead of the $23.
Very true. It's been a bull market too so that's been sustaining the ROI. The next year will still be unpredictable, but I think there will be more crypto adoption.
Every small time miner op *WILL LOSE MONEY!* Use the miner investment to JUST BUY THE CRYPTO! You lock in the value instantly, do literally nothing more and your investment will go up. The break even is absolute bullshit. You will *NEVER* break even.
@@eddiegoodman6424 i wouldnt be asking him anything. He does not know what hes talking about at all, lol. This is info he probably just heard and just repeating it. Theres a alot more to mining, antminers vs GPU mining are vastly different. He doesnt even explain that, nor does he know how to say cardano properly lol.
Thanks for the video, We all have problems; the way we solve them is what makes us different, i pray anybody reading this God will solve all your problems....
Hi. This is Team Dan! Reach out to us so we could discuss more about it. Join here discord.gg/SRjqWCJu6t Telegram ⓵⓽⓼⓹⓷⓪⓸⓸⓻⓻⓵ Reach out so we could discuss more about it, I already have new strategies to share send a DM 👆 Visit us at linktr.ee/fullvalueclub and be updated!
As an advisor,investor and partner,I’m impressed by the thoroughness and professionalism exhibited by all of principals. In particular,their depth of knowledge in diverse disciplines as construction,operations and asset management is highly advantageous.Their focus,integrity and attention to details make us very comfortable doing business with them
HELLO SIR🙏I HAVE BEEN WATCHING VIDEOS ABOUT CRYPTO AND FOREX TRADE INVESTMENT BUT YET I'M STILL MAKING LOSSES TRADING ON MY OWN, PLEASE CAN YOU PLEASE DIRECT ME TO A GOOD STRATEGY OR AT LEAST ADVISE ON HOW TO MAKE GOOD PROFITS THROUGH INVESTMENT 🙏?
Though I Was strictly warned not to go to the comment section but here and now I am sharing my testimony how profitably it is trading with Exp Mrs Laura
Real question is: For example ethereum is mineable untl around mid. 2022. Who will sign transactions after that? Who will run the system for free, because no more coin to mine?
considering he just showed a miner thast 9000$ that makes 20 a day, id say you did alright. i have a 90 80 70 and 60ti mining for about 23$ a day profit, and all together costed me 3800$
As a FORMER miner, I can tell you for a 100% absolute FACT that crypto mining is a complete and total loss. You mine... You will *LOSE* money. Just take the mining investment and *BUY* the crypto of choice. If I had not bought my ASIC miner, I would be a megamillionaire now instead of getting there in maybe another year or two.
@@sandromaspindzelashvili5767 quantum computers are not going to be a thing in 2025. The "quantum computers" today haven't shown any meaningful improvement over classical computers. I'm sure some technology involving quantum computing will be created eventually, but not 2025. Don't believe the dumb RUclips fakers and learn about quantum computing yourself
@@YashasLokesh287 not from dumb RUclipsrs but from code academy. You know, the site that helps people learn programming? I bought the PRO and got in a course, Coding Fundementals, That Is what I learned about QCs and I repeated it here. And just saying, I would rather believe the 15.99$ a month than you, absolutely not even teensy bit of offense given to you.
Hang on, You must factor in the increase in bitcoin mining difficulty adjustment which reduces your profitability per day over time. Example, from July21 to Oct21, the difficulty increased 31%. Difficulty adjusts every 2 weeks!
@@spaghettiupseti9990 if Bitcoin is decreasing, mining is becoming less profitable, leading to hashrate dropping, causing difficulty to drop. My point is that difficulty and price are correlated. When difficulty rises, so does price, and vice versa. Ultimately, mining profitability remains more stable then those more volatile components.
@@ChaceBonanno hashrate doesn't drop based on the value of the crypto you're mining, its based on mining difficulty which has nothing to do with prices. You havew no idea what you're talking about. When there is more computing power collectively working to mine for bitcoins, the difficulty level of mining increases in order to keep block production at a stable rate. This is crypto 101. You need to deal with the fact you have no idea what you're talking about
They definitely put out a lot of heat running between 75-85C. That would be a great use for them. I know people are mining in ice caves in Iceland to save on the cooling, but adding in greenhouses too would be awesome.
Successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
If you wanted to try mining using those rigs, just remember. If you can earn around $6000 a month just by running that machine, then why would the producer sell it to you?
My friend your Comments turn out to be advertising page ,🤣😂🤣😂🤣😂 too bad, keep up with your video, now I just watch your video and it will make me 😁😀😁😀😁😀
I got p106-100 for 90$ so I bought 12 of these I get around 589 to 700$ depends on the roi and other things and yeah electricity is free in here up to 12Kw/h so I am living a life Not to mention our country is cheap to live so the average salary per month is 200$ to 300$ 🙏
Other comments have explained that days to break even is overly optimistic because of the difficulty adjustments. Not just that, the energy cost on these websites doesn't include the cost of cooling. Even then, days to break even is only half the equation. The other half is days until it starts losing money. That is a function of what portion of the total hash rate your equipment represents (every day your equipment is getting old and falling behind) and the value of the coin. The time between is how long you have to turn a profit. Calculate that amount, divide by the capital cost, add resale value (likely zero; who wants to buy a miner that loses money?), and *that* is your ROI.
Yes they never mention the detail that these equipments age like milk. Its basically the same as an Uber-clocked PC rig. You may be getting stupid fast performance but the hardware will last a couple of months before it fails, hardware that otherwise will last 5 - 10 years. And the performance will be decreasing due to the system becoming unstable at certain frequencies, the flash memory getting burnt, etc. also Graphic cards that have been used in mining are worn out and will die sooner than expected, so might think twice before buying a card from these a$$hole miners. And I call them such because they have created an economic problem, with their stupidity, for the Video Game enthusiast/hobbyist. They are depleting the supply and inflating the price of Graphic-Cards "to the moon" So please don't become part of the problem by buying these used and well worn graphic card from them. you're helping the madness. let them eat their losses and pay for messing uptake market. If you buy from them you're basically getting scammed.
are these actual profits? how much does the mining efficiency go down through time could that 100% drop significantly in a year making your miner not profitable?
a year back eth was 400$ and now 4k but real question is if it is 10x the price so is mining. so now your return on investment is is 10-20x longer. in simple words a year back a rig costing 1-2k is costing 10-20k and income is same as last year.
I'm interested in mining and would love to start but i can't find no videos of how to actually start mining for real, they all say basically the same you said in this video. Great info but how can i make more than $0,06 a day, if i have a better PC is it going to mine faster and would i be getting more then $0,06 a day then? Help pls 😅
the problem is in a year once you got your money back.. the newer machines will work so well the amount this one will mine will drop 100x.. the profit may start to dwindle as better machines take all the $
my home run on cheaper electic because it was bissnius related home i even have higher voltage maybe i should try reserch somthing about it... i think i can get for 0.08 cnts its good price for power ?
your forgetting one thing what will the value of the crypto do in the year ? a long time ago i mined about 1 bitcoin yes i spent a lot more than the cost of the coin then but look at bitcoin now
so it takes a year to take pay off the cost of the machine but the profitability of the machine decreases over time and the difficulty to mine increases?
Most coins are designed to get harder to mine as time goes on so any hardware will become less effective over time, also some coins release specific updates to prevent such machines (ASICS) from being effective at mining.
What about proof-of-stake rolling out. That's pretty much the end of ethereum mining unless you have $90,000 in ether and then become a validator. I read an article it could be as soon as December?
You got some major misconceptions on how profitability works. Making back your money is not 100% ROI its literally breaking even. Also that toms hardware list does not account electricity cost nor taxes. ROI only starts when you've made back your money so if you put in 500 dollars, and you've mined for 20 months and sold 1000 dollars worth of ethers, paid 200 in electricity and 150 in taxes and 500 initial cost, you are left with 150 dollars worth of actual profit which is only a 30% ROI in almost 2 years. Keep in mind graphics cards and asics are depreciating assets so unless you bought at MSRP, you'd be losing money from day one with scalper pricing. What is 100% ROI is buying the card/miners at MSRP and immediately selling it for double the price. In this market miners arent the ones making most money, the scalpers are because they immediately use the funds to acquire more product so turn around time is faster and way more profitable. No risk of hardware failure either.
can anyone explian? if u r earning $35.42 a day with RTX3090? why etherum selling at $1898/coin? how does that work? r those ($1898) is it one coin or a block of coins?
You can make a lot of money mining crypto but you will put a lot of money into the equipment needed to mine it. Another problem you have is dealing with the banks and exchanges. If you are going to be buying and selling crypto, you need to be an ALL CASH BUSINESS. Dealing with an exchange is not too bad if they know what you are doing but the banks is a totally different story. That's why a lot of the major crypto mining farms are cash only.
Hello, I’m 17 years old and I want I start crypto mining. But I think it’s a scheme. Can you show me it’s not . I don’t want to risk all the money I have. Please 🙏 help.
how do i use renewable energy? I am mining at my house but not sure how to use a different source of power for electricity other than the regular way... ill even use solar panels if its affordable and good ROI
that $58k year profit is not true because you are forgetting that bitcoin mining difficulty increases so your reward decreases daily. You will get $4.8k first month, the $2k, then 1$k till you are breaking even with your power bill. Been there.
btc machine cost around 500-5k usd each in asia and the electricity are not very expensive in some part of asia(don't ask me where go find out yourself) but there are illegal to own. its very cheap to mine is asia but you have to hide the machine and keep the hot air out where no people can feel it. GOOD LUCK
Etherum and almost all other cryptos will change the algorithm from pov to pos. That means the machines you're looking at would make you exactly 0 dollars per second in a year or two when it gets implemented.
Miners would still make money from the tipping for prioritized transactions above the usual gas fee, so miners will still get paid. There always need to be an incentive for the network to exist and process transactions.
As someone with a few L3+'s and a mixed GPU rig, I think GPU Mining dies when the full switch to PoS on Ethereum happens. All that hashrate will go to other coins and their difficulty will multiply 2x-10x probably. It could be temporary though but will be a long road back to profitability I think. Maybe 1-2 years or more on GPU's before you don't lose money mining come February. It might help flood the second hand market with affordable GPU's though, who knows until the shortage is over and also might help bring down scalping prices which are ridiculous at the moment still. I think ASIC mining will stay around but is highly dependent on the coin obviously. Anything can happen though.
Just the basics, but I want to learn more. Still trying to figure out how to really utilize the network on the other side of mining. I couldn't get a hold of one to test and lots of scams with fake helium miners out there. But expect a review once I can test it out.
Hey Dan, You should use "Payback period" as a term instead of ROI. Example: Payback period for graphics card X is 405 days (recoup money in 405 days). You're actually using ROI wrong. That's because ROI is actually the net profit divided by the cost of investment. So you'd have to use 0% ROI to apply to a situation where you have recovered your money entirely, which is generally not used as a metric for comparing the recovery on investment across different projects/products/companies/etc.
Will new crypto always be made that moons? Or is this a temperary phenomenon. Or will every possible good crypto idea be taken. Or will there be too many existing crypto so no one crypto will moon again except popular ones
I have also been trading with her, The profits are secured and over a 100% return on investment directly sent to your wallet. after watching so many RUclips tutorial videos about trading I was still making losses until Mrs Jessica Mary Cassetty managing my investments now I make $10,567 weekly. God bless Mrs Jessica Mary Cassetty she’s been a blessing to my family.
We only need a cell phone and our own cold wallet to get the credentials of the mining node and get a stable income in the mining pool every day, with safe funds good liquidity and stable income
I'm pretty sure you are calculating ROI incorrectly. if 708 spend 100 dollars on something and at the end of a year you've made back 110, your ROI is 10% not 110%. if you then sold the item for an additional 50 bucks, your ROI would be 60%, not 160%. an ROI of 100% implies that you have DOUBLED you money, not broken even.
In fact. when you look at 7:54 in the video where you say mining is very profitable. you say there is a 102% ROI, when the real ROI is 2% plus the worth of the used miner.
Hypothetically speaking if I was to purchase the S19 for $9300 and at the time of purchase the calculation for ROI is 1 year, how long until this miner becomes unprofitable/ starts declining in profit like the ‘old’ cheaper ones? You may not get your full return at all if BTC/ETH mining difficulty raises in that timeframe right?
if you want to make money . you should move to desert . there solar energy is free and 10 times more poweerful than enywhere elese ... in desert whater is more expensive than electricity . if you make 10.000 a day . you do not care about whater price ...
thank you so much for this video it made my day
Want to get better at doing crypto research? join.fullvalue.club/waitlist
Yh! you're right one needs to diversify to have different strategies of income.
Their service is really legal and profitable.
I did it now. I only make money on it. A big plus is that the payment comes in quickly within 25-30 minutes
spam comments are out of control. I blocked the first wave of them but they are unstoppable.
Wow I just noticed them, what are they after? Scam other folks?
The problem with ASIC miners is they're only built for the singular purpose of mining, while on the other hand graphics cards still have resale value. If the difficulty increases to the point where the ASIC becomes redundant it would be better to use it as a really expensive paperweight. For the price of the ASIC mentioned in your video, you could get a couple of 3090's that would have greater profitability and resale value.
When will RUclips fix their SPAM problem??
Mr Corey is the man behind my achievements, I never knew I will ever have reason to smile after falling from one scam to another now I'm a free soul, paid my debts in full.
I will be forever be thankful to you sir and gladly refer you to others..
at Corey trade
as history has shown, it's the men selling the mining equipment to mine, not the miners, that get rich!
Bitmain create mining machine, mine using them, also sell them
If Bitmain went public then many retail investors would surely hop on it with this thesis
ohhhh YESSSSS... Lets all agree with you!!! We can't wait for you to EDUCATE US MORE. Jesus gtfo of here
@@lukea9343 any publicly traded mining machine manufacturers that you know of?
@@nateadams4466 it's true tho, bitmain is a company worth >$50 Billion and it's founder one of the richest people. The best part ? he's making it all risk free, even if crypto goes to hell with prices their hardware will still be in the market meaning they make money off of crypto, 100% risk free.
I'm actually tired of working about stocks...it's driving me nuts these days, I think crypto investment is far better than stock..
Trading crypto has been a lucrative way of making money
Stocks are good but crypto is more profitable
I'm new to forex trade and I have making huge losses but recently I see a lot of people earning from it. can someone please tell me what I'm doing wrong
all you need is a professional trader else you will continue making losses
How can someone know a professional account manager that is trustworthy when legit once are hard to find this days
The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally
Bitcoin has been the most profitable investment online. If only you could trade with professional broker that will work through the process needed
The only possible way to earn huge amount in Forex is when trading with an experienced broker
There are scammers but real brokers are out there for investors
She helped me recover what I lost trying to trade for myself.
God bless you and your family for helping us expert Mrs Bambi Alex
during the gold rush, those who made most money were shovel makers and merchants.
Bitmain
How about selling liquid nitrogen
I recommended a professional broker to you guys sometime ago, can I get person who invested with her
comment below
let's gooooo
hey wes,
l did invested with her i made huge profits
thanks for recommending her
I saw that recommendations but I did not bother chatting her up 🤦🤦🤦
I'm glad I did withdrew my first profit two days ago now I have another ongoing trade with her
who is this professional broker and how would I be able to get in contact with her
she is Mrs Jane one of the best and trustworthy broker on earth
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Congratulations 🍾
I will love to be your friend dear as well as sharing some i dears which you're benefiting.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
I can relate to all you said because I am facing similar thing right now. Congratulations I wish you more success.
Hey how good are your earnings I will like to get some insights into trading thank you.
Great video. You missed one main point; as time goes on, difficulty in mining goes up generally, sometimes goes down. So, the 102% ROI with the S19j is not really realistic. In 6 months, S19j might be making $10 a day instead of the $23.
Very true. It's been a bull market too so that's been sustaining the ROI. The next year will still be unpredictable, but I think there will be more crypto adoption.
Do you have a email I would like to ask you a question thx 😊
Our company has the latest M20S and M21S series
Every small time miner op *WILL LOSE MONEY!* Use the miner investment to JUST BUY THE CRYPTO!
You lock in the value instantly, do literally nothing more and your investment will go up.
The break even is absolute bullshit. You will *NEVER* break even.
@@eddiegoodman6424 i wouldnt be asking him anything. He does not know what hes talking about at all, lol. This is info he probably just heard and just repeating it. Theres a alot more to mining, antminers vs GPU mining are vastly different. He doesnt even explain that, nor does he know how to say cardano properly lol.
Thanks for the video, We all have problems; the way we solve them is what makes us different, i pray anybody reading this God will solve all your problems....
Sometimes i wonder how people get rich at these days.
Hi. This is Team Dan! Reach out to us so we could discuss more about it. Join here
discord.gg/SRjqWCJu6t
Telegram ⓵⓽⓼⓹⓷⓪⓸⓸⓻⓻⓵
Reach out so we could discuss more about it,
I already have new strategies to share send a DM 👆
Visit us at linktr.ee/fullvalueclub and be updated!
lmao I've seen that article as well saying that they earned it from an old gaming computer 🤣
Maybe it was in 2009 (^
@@TheKinoGo They are 14 and 9, one of them wasnt even born at that time so idk mate I DONT KNOW
As an advisor,investor and partner,I’m impressed by the thoroughness and professionalism exhibited by all of principals. In particular,their depth of knowledge in diverse disciplines as construction,operations and asset management is highly advantageous.Their focus,integrity and attention to details make us very comfortable doing business with them
HELLO SIR🙏I HAVE BEEN WATCHING VIDEOS ABOUT CRYPTO AND FOREX TRADE INVESTMENT BUT YET I'M STILL MAKING LOSSES TRADING ON MY OWN, PLEASE CAN YOU PLEASE DIRECT ME TO A GOOD STRATEGY OR AT LEAST ADVISE ON HOW TO MAKE GOOD PROFITS THROUGH INVESTMENT 🙏?
Trading by yourself is not a good idea what tells you to buy or sell? Okay what tells you the trend is done you must exit please tell me that?
Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her
Though I Was strictly warned not to go to the comment section but here and now I am sharing my testimony how profitably it is trading with Exp Mrs Laura
I stumbled upon one of her clients testimonies and decided to try her out...I'm Expecting my third cashout in 2days
Mrs Laura is indeed a forex mentor. With my first investment of $700 I got a ROI of $3500 in a week
I found out about it and now I have been mining on my gaming rig and making 90 to 120 a month profit depending on my 2070
Hey bro real quick sorry to bother so a laptop connected 2 a mother board to connect the graphic cards ?
its gonna wear your card down and make it signifficantly slower over time
@@Rqxy generally not true
@@noahfreitas7546 yes it is, there is a reason no one buys Mining used GPUs, to make gaming rigs
Our company produces its own mining machine, you can come to me if you need to know
Real question is: For example ethereum is mineable untl around mid. 2022. Who will sign transactions after that? Who will run the system for free, because no more coin to mine?
@@BrutallyHonestRevs Bunch of misconceptions here.
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t
I invested 3k in equipment and I'm only making $10 a day.
What's ur plan now
considering he just showed a miner thast 9000$ that makes 20 a day, id say you did alright.
i have a 90 80 70 and 60ti mining for about 23$ a day profit, and all together costed me 3800$
@@TheRealElectricOutdoors so you make around 700 dollars a month whit that? Demn
As a FORMER miner, I can tell you for a 100% absolute FACT that crypto mining is a complete and total loss. You mine... You will *LOSE* money.
Just take the mining investment and *BUY* the crypto of choice.
If I had not bought my ASIC miner, I would be a megamillionaire now instead of getting there in maybe another year or two.
perhaps you joined in too late?
Stop giving us false hope
What If your mining operation is huge enough? Also in 2025 quantum computers are going to be making appearances so how about then?
@@sandromaspindzelashvili5767 quantum computers are not going to be a thing in 2025. The "quantum computers" today haven't shown any meaningful improvement over classical computers. I'm sure some technology involving quantum computing will be created eventually, but not 2025. Don't believe the dumb RUclips fakers and learn about quantum computing yourself
@@YashasLokesh287 not from dumb RUclipsrs but from code academy. You know, the site that helps people learn programming? I bought the PRO and got in a course, Coding Fundementals, That Is what I learned about QCs and I repeated it here. And just saying, I would rather believe the 15.99$ a month than you, absolutely not even teensy bit of offense given to you.
Hang on, You must factor in the increase in bitcoin mining difficulty adjustment which reduces your profitability per day over time. Example, from July21 to Oct21, the difficulty increased 31%. Difficulty adjusts every 2 weeks!
You also have to factor in the increase in BTC's price
@@ChaceBonanno or decrease
@@spaghettiupseti9990 if Bitcoin is decreasing, mining is becoming less profitable, leading to hashrate dropping, causing difficulty to drop. My point is that difficulty and price are correlated. When difficulty rises, so does price, and vice versa. Ultimately, mining profitability remains more stable then those more volatile components.
@@ChaceBonanno hashrate doesn't drop based on the value of the crypto you're mining, its based on mining difficulty which has nothing to do with prices. You havew no idea what you're talking about.
When there is more computing power collectively working to mine for bitcoins, the difficulty level of mining increases in order to keep block production at a stable rate.
This is crypto 101. You need to deal with the fact you have no idea what you're talking about
I wonder if you could use miners to heat a greenhouse in the winter in like zone 4. Is there some way to figure out how much heat they put out?
They definitely put out a lot of heat running between 75-85C. That would be a great use for them. I know people are mining in ice caves in Iceland to save on the cooling, but adding in greenhouses too would be awesome.
Thanks~~~~
Successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Money never comes free. Its a combination of work and luck
How about the usb miner?... Like watchdog. And others?
If you wanted to try mining using those rigs, just remember. If you can earn around $6000 a month just by running that machine, then why would the producer sell it to you?
OOOHHH. mind blown
I like dan, he keeps it 100
Thanks~~~~
Superb start with the video, like directly showing kind of conclusion and than carrying forward with video. And the whole video, superb content..
My friend your Comments turn out to be advertising page ,🤣😂🤣😂🤣😂 too bad, keep up with your video, now I just watch your video and it will make me 😁😀😁😀😁😀
I can't stop the bots. Too many...
@@FullValueDan why too many? Because your stuff are very good 👍👍👍👍👍👍
@@pierreqiu8147 *I’M SO EMOTIONAL RIGHT NOW AND GRATEFUL I DIDN’T REGRET DEALING WITH 👆👆👆👆👆👆👆YOU’RE PERFECT AND COMPETENT*🔌
I got p106-100 for 90$ so I bought 12 of these I get around 589 to 700$ depends on the roi and other things and yeah electricity is free in here up to 12Kw/h so I am living a life
Not to mention our country is cheap to live so the average salary per month is 200$ to 300$ 🙏
Dude what happened to your comment feeds??
*I’M SO EMOTIONAL RIGHT NOW AND GRATEFUL I DIDN’T REGRET DEALING WITH 👆👆👆👆👆👆👆YOU’RE PERFECT AND COMPETENT*🔌
I’m so excited for recommending you on one really does it better than you kudos to your work keep it moving sir, you’re worthy and trustworthy
Other comments have explained that days to break even is overly optimistic because of the difficulty adjustments. Not just that, the energy cost on these websites doesn't include the cost of cooling. Even then, days to break even is only half the equation. The other half is days until it starts losing money. That is a function of what portion of the total hash rate your equipment represents (every day your equipment is getting old and falling behind) and the value of the coin. The time between is how long you have to turn a profit. Calculate that amount, divide by the capital cost, add resale value (likely zero; who wants to buy a miner that loses money?), and *that* is your ROI.
im running a 6 gpu rig with 6 gpu 1660 tis, make 20-25$ per day so yea its profitable
Yes they never mention the detail that these equipments age like milk. Its basically the same as an Uber-clocked PC rig. You may be getting stupid fast performance but the hardware will last a couple of months before it fails, hardware that otherwise will last 5 - 10 years. And the performance will be decreasing due to the system becoming unstable at certain frequencies, the flash memory getting burnt, etc. also Graphic cards that have been used in mining are worn out and will die sooner than expected, so might think twice before buying a card from these a$$hole miners. And I call them such because they have created an economic problem, with their stupidity, for the Video Game enthusiast/hobbyist. They are depleting the supply and inflating the price of Graphic-Cards "to the moon" So please don't become part of the problem by buying these used and well worn graphic card from them. you're helping the madness. let them eat their losses and pay for messing uptake market. If you buy from them you're basically getting scammed.
now i understand how the profit come from thank you for explaination
are these actual profits? how much does the mining efficiency go down through time could that 100% drop significantly in a year making your miner not profitable?
Not even going to play the ad before the video. Mining crypto successfully will give you nothing but profit. Do your research and enjoy life
a year back eth was 400$ and now 4k but real question is if it is 10x the price so is mining. so now your return on investment is is 10-20x longer. in simple words a year back a rig costing 1-2k is costing 10-20k and income is same as last year.
I'm interested in mining and would love to start but i can't find no videos of how to actually start mining for real, they all say basically the same you said in this video. Great info but how can i make more than $0,06 a day, if i have a better PC is it going to mine faster and would i be getting more then $0,06 a day then? Help pls 😅
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t
Hey I found some solar panel (SunPower brand) in my grandfathers backyard. Can I use it instead for mining? (location for Philippines)
How much does one recommend putting into a mining rig to start? If I could make 500 a week off it I'd be pumped.
the problem is in a year once you got your money back.. the newer machines will work so well the amount this one will mine will drop 100x.. the profit may start to dwindle as better machines take all the $
Don’t miss out on recent news by following me on social media at linktr.ee/fullvalueclub and be updated!
my home run on cheaper electic because it was bissnius related home i even have higher voltage maybe i should try reserch somthing about it... i think i can get for 0.08 cnts its good price for power ?
can even beat the BTC mining pools with a private set up? like do the rewards in BTC only go to the bigger guys?
Twelve cents per KWh?! Here in Germany we pay like 29 cents!
Belgium 0.36 day, 0.25 night. Its crazy
@@Come8In8Peace Yeah, it truly is.
You guys pay in cents?
your forgetting one thing what will the value of the crypto do in the year ? a long time ago i mined about 1 bitcoin yes i spent a lot more than the cost of the coin then but look at bitcoin now
so it takes a year to take pay off the cost of the machine but the profitability of the machine decreases over time and the difficulty to mine increases?
what is the factor for the older machine to be running at loss? i assume they were profitable during the time of launch.
Most coins are designed to get harder to mine as time goes on so any hardware will become less effective over time, also some coins release specific updates to prevent such machines (ASICS) from being effective at mining.
I like u and this video . well done ;)
What about proof-of-stake rolling out. That's pretty much the end of ethereum mining unless you have $90,000 in ether and then become a validator. I read an article it could be as soon as December?
ye just read the article
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t
😁Hello Mrs Sophia is legit and her method works like magic I keep on earning every single week with her new strategy.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Sophia
I think that she is the best broker I ever seen
Sometimes I wonder if she's used magic power trade
I've never heard or seen any of her clients complain of Lost....I think she's just too perfect
A friend that I referred to her just received $7,050 profit after 10 days of investing....I became jealous.. lol
You got some major misconceptions on how profitability works. Making back your money is not 100% ROI its literally breaking even. Also that toms hardware list does not account electricity cost nor taxes. ROI only starts when you've made back your money so if you put in 500 dollars, and you've mined for 20 months and sold 1000 dollars worth of ethers, paid 200 in electricity and 150 in taxes and 500 initial cost, you are left with 150 dollars worth of actual profit which is only a 30% ROI in almost 2 years. Keep in mind graphics cards and asics are depreciating assets so unless you bought at MSRP, you'd be losing money from day one with scalper pricing.
What is 100% ROI is buying the card/miners at MSRP and immediately selling it for double the price. In this market miners arent the ones making most money, the scalpers are because they immediately use the funds to acquire more product so turn around time is faster and way more profitable. No risk of hardware failure either.
You’re not taking into account that the depreciation is a positive on the tax side of things. It’s not just sunk cost.
Hey - what was that site you had showed for professional data centers for crypto mining?
I am a fan of Full Value Dan
can anyone explian? if u r earning $35.42 a day with RTX3090? why etherum selling at $1898/coin? how does that work? r those ($1898) is it one coin or a block of coins?
You can make a lot of money mining crypto but you will put a lot of money into the equipment needed to mine it. Another problem you have is dealing with the banks and exchanges. If you are going to be buying and selling crypto, you need to be an ALL CASH BUSINESS. Dealing with an exchange is not too bad if they know what you are doing but the banks is a totally different story. That's why a lot of the major crypto mining farms are cash only.
Hello, I’m 17 years old and I want I start crypto mining. But I think it’s a scheme. Can you show me it’s not . I don’t want to risk all the money I have. Please 🙏 help.
Thank you for saying that loud.
Great info! What's with all these spam scam comments wow
I am currently working on a new defi project that is non-collateralized liquidity mining.
*I’M SO EMOTIONAL RIGHT NOW AND GRATEFUL I DIDN’T REGRET DEALING WITH 👆👆👆👆👆👆👆YOU’RE PERFECT AND COMPETENT*🔌
how do i use renewable energy? I am mining at my house but not sure how to use a different source of power for electricity other than the regular way... ill even use solar panels if its affordable and good ROI
what do you think of nicehash exchange ?
Dan, good quality content as usual, will you also make a vid on Kucoin BTC and ETH mining pls?
Hi. This is Team Dan! He will look into that !
that $58k year profit is not true because you are forgetting that bitcoin mining difficulty increases so your reward decreases daily. You will get $4.8k first month, the $2k, then 1$k till you are breaking even with your power bill. Been there.
I pay 32 cents per kwh in The Netherlands because of all kinds of eco taxes ....
Do you have a list of crypto miners hosting sites? Is their any companies attached where you can buy the miner and host for a price?
*I’M SO EMOTIONAL RIGHT NOW AND GRATEFUL I DIDN’T REGRET DEALING WITH 👆👆👆👆👆👆👆YOU’RE PERFECT AND COMPETENT*🔌
btc machine cost around 500-5k usd each in asia and the electricity are not very expensive in some part of asia(don't ask me where go find out yourself) but there are illegal to own. its very cheap to mine is asia but you have to hide the machine and keep the hot air out where no people can feel it. GOOD LUCK
Im a kid miner too I'm 12 years old I use cloud mining because gpu mining is hard
Etherum and almost all other cryptos will change the algorithm from pov to pos. That means the machines you're looking at would make you exactly 0 dollars per second in a year or two when it gets implemented.
ever heard of converting?
Mine a different crypto, make the same amount or more, then convert it to ETH.
Miners would still make money from the tipping for prioritized transactions above the usual gas fee, so miners will still get paid. There always need to be an incentive for the network to exist and process transactions.
@@Felixbotero ye I hadn't thought of that
What kind of crypto can you mine with these machines?
I DO NOT UNDER STAND THE SPAMMING 🙄
He is genious and truth in every point of talk..
what is the data center website you showed?
As someone with a few L3+'s and a mixed GPU rig, I think GPU Mining dies when the full switch to PoS on Ethereum happens. All that hashrate will go to other coins and their difficulty will multiply 2x-10x probably. It could be temporary though but will be a long road back to profitability I think. Maybe 1-2 years or more on GPU's before you don't lose money mining come February. It might help flood the second hand market with affordable GPU's though, who knows until the shortage is over and also might help bring down scalping prices which are ridiculous at the moment still. I think ASIC mining will stay around but is highly dependent on the coin obviously. Anything can happen though.
I thought same thing. That’s a sh!t ton of equipment for some kids to be running and to pay for.
Their father took loan. It was mentioned in one of the news article
Not forgetting if BTC value increases, then the ROI gets faster too. BTC value at your RUclips video posting was USD42k and it's now USD55k 😃
How many computer lab admins are running their company or school's rigs as crypto miners.
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t
How is electricity so cheap in the states...
Did you see the tweet Coinbase sent out about coin auction ???
That would be an awesome video you explaining that
Thanks for the heads up! I didn't see it but it is an interesting way to manage the "Coinbase listing pump/dump"
Thanks~~~~
Am I right in assuming if you hold on to what you mine for a year, the value could be higher also!?
or less
What do you know about HNT (helium) mining?
Heard the bobcat was decent but do you think iOTEX is taking over the space ??
Just the basics, but I want to learn more. Still trying to figure out how to really utilize the network on the other side of mining. I couldn't get a hold of one to test and lots of scams with fake helium miners out there. But expect a review once I can test it out.
Thanks~~~~
@@FullValueDan Thanks for replying have you tried Mrs. Norman's method? I have made $48,274 USD with her magnificent ways.
You really did say "global planet" at 1:17🤣
Hey Dan,
You should use "Payback period" as a term instead of ROI. Example: Payback period for graphics card X is 405 days (recoup money in 405 days). You're actually using ROI wrong.
That's because ROI is actually the net profit divided by the cost of investment. So you'd have to use 0% ROI to apply to a situation where you have recovered your money entirely, which is generally not used as a metric for comparing the recovery on investment across different projects/products/companies/etc.
🙄
2:53 What's the website of that data center you showed?
Hi. This is Team Dan! He will look into that !
Will new crypto always be made that moons? Or is this a temperary phenomenon. Or will every possible good crypto idea be taken. Or will there be too many existing crypto so no one crypto will moon again except popular ones
*I’M SO EMOTIONAL RIGHT NOW AND GRATEFUL I DIDN’T REGRET DEALING WITH 👆👆👆👆👆👆👆YOU’RE PERFECT AND COMPETENT*🔌
What about solar power?
Thanks~~~~
thnks YT recommendation , worth my time watching this
You're welcome.!
how do i make my coin mineable?
I have heard a lot about investments with Mrs Jessica Mary Cassetty and how good she is, please how safe are the profits?
I have been trading with her, The profits are secured and over a 100% return on investment directly sent to your wallet.
I have also been trading with her, The profits are secured and over a 100% return on investment directly sent to your wallet. after watching so many RUclips tutorial videos about trading I was still making losses until Mrs Jessica Mary Cassetty managing my investments now I make $10,567 weekly. God bless Mrs Jessica Mary Cassetty she’s been a blessing to my family.
*I’M SO EMOTIONAL RIGHT NOW AND GRATEFUL I DIDN’T REGRET DEALING WITH 👆👆👆👆👆👆👆YOU’RE PERFECT AND COMPETENT*🔌
We only need a cell phone and our own cold wallet to get the credentials of the mining node and get a stable income in the mining pool every day, with safe funds good liquidity and stable income
wouldn't it be better if you invested into solar panels so you don't lost as much money to electricity bill.
I'm pretty sure you are calculating ROI incorrectly.
if 708 spend 100 dollars on something and at the end of a year you've made back 110, your ROI is 10% not 110%. if you then sold the item for an additional 50 bucks, your ROI would be 60%, not 160%. an ROI of 100% implies that you have DOUBLED you money, not broken even.
In fact. when you look at 7:54 in the video where you say mining is very profitable. you say there is a 102% ROI, when the real ROI is 2% plus the worth of the used miner.
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t
Hey Dan! How are you? very good video! congratulations!
Hey, thanks!
you forget the part of coin value fluctuation
Bitcoin may be using a shit ton of power. But all crypto currencies combines is nowhere near the power that the banks consume.
Hypothetically speaking if I was to purchase the S19 for $9300 and at the time of purchase the calculation for ROI is 1 year, how long until this miner becomes unprofitable/ starts declining in profit like the ‘old’ cheaper ones? You may not get your full return at all if BTC/ETH mining difficulty raises in that timeframe right?
this is why i stick with gpu mining. theres always a gamer to sell a card to. ASICS not so much
What is the life of this miner machine ? What about breakdown and maintenance cost?
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t
How can I reach out to you ?
if you want to make money . you should move to desert . there solar energy is free and 10 times more poweerful than enywhere elese ...
in desert whater is more expensive than electricity .
if you make 10.000 a day . you do not care about whater price ...
Thank you for clear explanation
Whats that website that you can send your basic miners to?
Hi. This is Team Dan! He can discuss more on this in our discord group. Join here
discord.gg/SRjqWCJu6t