Fantastic stuff!!!! I am starting to move some of my asics in my house as well! At the rate the market is going, your gpu farm should be paid off in no time!
3:12 Watts per day is not a unit. It's either steady state watts or watt hours per day. Perhaps watt days per day is a unit but that's not what you said.
man, before eth went off gpu mining, i was making $15-20 a day on $1200 in mid range cards. did it for a little over a year, electricity was good, perfect clocks on everything, didnt have to work for a while as covid started hitting everything hard (wasnt out of hs yet.) stimulus check was the cherry on top and allowed me to get a 3080 fe to get up to $30 daily at one point. i sold the cards right before eth moved away so i kept profit from the mining and the cards barely lost value, even disclosed as mining cards, because i kept them really cool. my 3080 is my trophy from that time and i’ll probably die owning it bc i spent scalper pricing on it 😭
I was thinking about the exact same thing. You could buy one 3060ti FE at retail for $400 and it was paid off in 3 months. We use to look at one single card making $3 plus per day, not an entire rig. But it's coming back! not as good as those days....but better than the past two years.
First video of yours that I've seen so I don't know if you've covered this already but I'd be interested in knowing the cost of COOLING all that during the hot summer months.
Great question cause that’s what a lot of people overlook! I’ve got some videos of me building that exhaust shelf and in the summer that foam enclosed area behind the rigs gets immediately sucked out the window by an 8000rpm dc fan. The thing only pulls 70 watts at full bore so that is the only extra money it costs during the summer!
All you gotta do is just have it goto 1c and you have 10K ATH is 2c thats 20K think about it 2250 neoxa that node pays out at 1c thats 22.50$ a day im happy you listened brother im working on getting a 3rd node myself
It's crazy when you realize that $2000-$3000 (arbitrary number) or higher in direct investment on XRP, ADA, ETC and Ethereum or any of the top 30 coins before Nov is worth more than $2000-$3000 mining equipment that has already mined by ~2 years of spec coins. Even if that spec coins 100x, you still only mined a limited amount of them per day due to hardware limit, hashrate and difficulty. Even then you might only have reached ROI levels...
@@Pilaspilas911 the other side of that argument is if the coins tanked I’d be screwed if I bought the coins but I’d still have my 12k of hardware. It’s a safer bet but caps your upside like you mentioned!
@@ModernMiningHub And the other side of that argument also is that 12k of hardware equipment isn't really worth 12k any more by the time you're done mining with it and try to resell it. The same goes for the spec coins you are mining; it can tank. However, we are in the bull run scenario and hence I specifically mentioned before nov and not to mention top 30 coins that are relatively safer; you only lose or be screwed if you actually sell when it's down.
If you have invested that $12000 directly in coin ,it would be 2x or 3x now. Without paying electricity bills. Gpu mining is not profitable. Unless you have free electricity
Glad I decided to just buy the coins vs spending money on miners. Yikes. I remember when my 1080ti made like 8$ per day. All of that hardware only getting 12$ profit after electricity? No thanks!
✅ *CREATE YOUR OWN TRADING BOTS ON PIONEX* ✅
accounts.pionex.us/en/signup?ref=ModernMining
✅ *BEST GPU MINING HARDWARE DEALS* ✅
www.amazon.com/shop/modernmining/list/2K36HIM9YZLHP?ref_=aip_sf_list_spv_ofs_mixed_d
I read that thumbnail as 12k mining rig..I double taked...brought me back to the last bull run when 1 good rig cost that. Wild. Keep up the good work
Those were insane times haha thanks for stopping by!
Porfolio is actually at $8,550 as of today!! The Alt Coin market has been hot this week!!!
Let’s go Xelis!!!!
Well on your way to that 12K goal MM!!!
Fantastic stuff!!!! I am starting to move some of my asics in my house as well! At the rate the market is going, your gpu farm should be paid off in no time!
Appreciate the transparency. I've considered revealing my portfolio. 🤔
Still peanuts compared to some of I had more in there would maybe be a little more hesitant.
Any repair or maintenance costs?
3:12 Watts per day is not a unit. It's either steady state watts or watt hours per day. Perhaps watt days per day is a unit but that's not what you said.
man, before eth went off gpu mining, i was making $15-20 a day on $1200 in mid range cards. did it for a little over a year, electricity was good, perfect clocks on everything, didnt have to work for a while as covid started hitting everything hard (wasnt out of hs yet.) stimulus check was the cherry on top and allowed me to get a 3080 fe to get up to $30 daily at one point. i sold the cards right before eth moved away so i kept profit from the mining and the cards barely lost value, even disclosed as mining cards, because i kept them really cool. my 3080 is my trophy from that time and i’ll probably die owning it bc i spent scalper pricing on it 😭
I was thinking about the exact same thing. You could buy one 3060ti FE at retail for $400 and it was paid off in 3 months. We use to look at one single card making $3 plus per day, not an entire rig. But it's coming back! not as good as those days....but better than the past two years.
That is not mining income(lot of extra stuff added, was expecting only pure mining income video). No offence :)
Mostly mining but i like to include the other stuff cause I think it’s interesting! Thanks for stopping by!
you can just not take into account the extras..
First video of yours that I've seen so I don't know if you've covered this already but I'd be interested in knowing the cost of COOLING all that during the hot summer months.
Great question cause that’s what a lot of people overlook! I’ve got some videos of me building that exhaust shelf and in the summer that foam enclosed area behind the rigs gets immediately sucked out the window by an 8000rpm dc fan. The thing only pulls 70 watts at full bore so that is the only extra money it costs during the summer!
I want to get into this, can we talk??
All you gotta do is just have it goto 1c and you have 10K ATH is 2c thats 20K think about it 2250 neoxa that node pays out at 1c thats 22.50$ a day im happy you listened brother im working on getting a 3rd node myself
The profit isnt in what you say it is... its in the end goal of gettting a total amount in a year of how much coin you mined to sell in half amounts.
Neoxa is launching their NAP real soon. I would recommend checking it out. Probably price increase to follow
It's crazy when you realize that $2000-$3000 (arbitrary number) or higher in direct investment on XRP, ADA, ETC and Ethereum or any of the top 30 coins before Nov is worth more than $2000-$3000 mining equipment that has already mined by ~2 years of spec coins. Even if that spec coins 100x, you still only mined a limited amount of them per day due to hardware limit, hashrate and difficulty. Even then you might only have reached ROI levels...
@@Pilaspilas911 the other side of that argument is if the coins tanked I’d be screwed if I bought the coins but I’d still have my 12k of hardware. It’s a safer bet but caps your upside like you mentioned!
@@ModernMiningHub And the other side of that argument also is that 12k of hardware equipment isn't really worth 12k any more by the time you're done mining with it and try to resell it. The same goes for the spec coins you are mining; it can tank. However, we are in the bull run scenario and hence I specifically mentioned before nov and not to mention top 30 coins that are relatively safer; you only lose or be screwed if you actually sell when it's down.
If you have invested that $12000 directly in coin ,it would be 2x or 3x now. Without paying electricity bills.
Gpu mining is not profitable. Unless you have free electricity
What about taxes?
Also just investnig those 12k woudlve netted you so much more, especially since you believe in crypto so much.
hell yea
What's up brother I told ya NEOXA is gonna make moves she's starting to go man
Thank you sir!!!
Modern problems demand modern solutions...
Glad I decided to just buy the coins vs spending money on miners. Yikes. I remember when my 1080ti made like 8$ per day. All of that hardware only getting 12$ profit after electricity? No thanks!
Nothing wrong with that! Thanks for stopping by!
Yeah, this is sad. Mining is a joke looks like
tldr: its not worth it.
Don't gaslight people into thinking this is worth doing anymore on GPUs.
IF you have electric heat, and you use older gpu's then whynot. But yeah.
no its not profitable! instead of buying gpus just invest in the coins directly
First