Is Mining Still WORTH IT?

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  • Опубликовано: 21 окт 2024

Комментарии • 722

  • @VoskCoin
    @VoskCoin  3 года назад +34

    *review the BEST Helium miners to buy here!* medium.com/voskcoin/what-is-the-best-helium-hotspot-miner-to-buy-e26f3f4a0c37
    Get $25 for free w/ CryptoCom - voskco.in/cryptocom
    Get $250 for free w/ BlockFi - voskco.in/blockfi

    • @whereschavo3953
      @whereschavo3953 3 года назад +1

      where would be the best place to buy x11 miners witha credit card.. ebay?. lol.

    • @alpinepimp08
      @alpinepimp08 3 года назад +2

      Can you do a video where you say if you want to get into crypto today. Heres a few options for different coins you should buy, at different price points and what specifically you should be mining in the long run. Also alot of want to get into mining and dont know software platforms or where to go to get knowledge and appreciate the help.

    • @jackkennedy70
      @jackkennedy70 3 года назад +1

      Regarding Ethereum coin mining, will SoC memory do the same job as desktop DDRx RAM memory modules.
      I want to create the most smallest electricity saving FPGA mining setup as possible.

    • @baron_lj
      @baron_lj 3 года назад +2

      Can you may make a video about Titans?

    • @markdupre6486
      @markdupre6486 3 года назад +1

      The Equipment he reps wont be available for 4 to 8 months ....Try putting 1000 out to place the order and not get your equipment for 6 months

  • @ravikanth9784
    @ravikanth9784 2 года назад +76

    When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss EASY MAKE SOLUTION is my REDEMPTION

    • @rakashaagain
      @rakashaagain 2 года назад

      why would you bring your racist comment here? corporate doesn't care about anybody, goverment do not care about anybody... white, black or other.

    • @silestialgaming3102
      @silestialgaming3102 2 года назад

      @@rakashaagain how was that a racist comment ? Maybe if people like you wasn’t ignorant and oblivious to the obvious you wouldn’t comment that.

  • @TwentytenS4B8
    @TwentytenS4B8 3 года назад +18

    I mine Etherium with a very modest rig and for a good while, I was paying my bills with the income from it. So depending on which coin you mine, it is very worth it.

  • @serinagitaa
    @serinagitaa 2 года назад +91

    I used to have to depend on the people around me because things weren’t really going good , I started off with someone who promised to bring me out of the mud and they have done just that! Who knew #EasyMakeSolution would be my break through

  • @InfamousParody
    @InfamousParody 3 года назад +6

    New subscriber here! Honestly i Feel like I was definitely an idiot in college not taking advantage of crypto and stuff. But now that I’m working and could buy quality stuff, I’m excited to give it an honest shot! I love this video cuz of the production quality and transparency. Definitely gunna give this channel a good run through

  • @gabrielchaparro2136
    @gabrielchaparro2136 3 года назад +2

    big fan. getting into crypto mining asap and you've talked about this topic a few times already but this was one of your best videos to answer the question " should you get into mining ". Thanks so much for this explaination.

  • @eymenklcl2637
    @eymenklcl2637 3 года назад +139

    FROM ME TO #EasyMakeSolution YOU HAVE BROUGHT MY FAMILY OUT OF POVERTY I SHALL FOREVER BE INDEBTED TO YOU

  • @akeukowohawal7701
    @akeukowohawal7701 3 года назад +20

    You are definitely adventurous young man! Good luck with your ventures 🤝🙏

  • @acidfloyd2
    @acidfloyd2 3 года назад +7

    There is something very important to consider if you want to mine, especially using antminers. These units are made in China and they break down. So if you are relying on running a miner 24/7 for 6 months to just break even, you are risking a lot because these things fail and can cost thousands for replacement parts and technical skill to troubleshoot and repair.
    They are also very flakey and need rebooting often and constant monitoring to reduce downtime. This isn't a business where you let them sit and go live on an island partying somewhere. You need to be able to power cycle these devices often.

  • @fireninja7434
    @fireninja7434 3 года назад +7

    Chia (XCH) is extremely profitable right now according to the market prices.
    *Edit*
    Chia is really unprofitable and you won't reach ROI as expected earlier. If you're late to the game, you're not going to get much at all even with farming pools.

  • @davidbond3603
    @davidbond3603 3 года назад +1

    HI loved your video. looking to get started but don't know where or what to mine. Anything direction or videos to watch would be appreciated. Sincerely thank you, David

  • @siosbilisimteknolojileri3710
    @siosbilisimteknolojileri3710 3 года назад +135

    #EyeOnSightNet You will be granted favor by God is all areas of life , I didn’t think my life had meaning until I met you guys, nvesting now no matter how small will really help

  • @majinraptor
    @majinraptor 3 года назад +1

    Is your sponsor legit? Compass? I'm kinda down to invest but they look kinda dodgy.

  • @Szi90
    @Szi90 3 года назад +11

    I'm new on the channel. After watching just 2 minutes of this video, instantly subscribed. Dude, what quality content u have here!

    • @VoskCoin
      @VoskCoin  3 года назад +2

      haha that's super cool to hear, happy to have ya :D

  • @FlareSound
    @FlareSound 3 года назад +5

    So many bots commenting but man your video is great !! Thank you for the insight

  • @nasrinfallah328
    @nasrinfallah328 3 года назад

    I just saw your video, I want to start this journey and buy a miner, how should I start which miner should I buy ?

  • @kima1834
    @kima1834 3 года назад

    Voskcoin...im new at this. What miner would recommend for a newbie during this time period. Im willing to spend $800-$1000 for a rig. Whats your advice

  • @dealerovski82
    @dealerovski82 3 года назад +1

    Should I start mining with my RTX 3080?

  • @dubas1983
    @dubas1983 3 года назад +6

    Thanks for making those videos, I'm learning a lot with them

  • @AlCrUtO
    @AlCrUtO 3 года назад +1

    Hey dude thanks for all info.
    I love all your content and I interest in buy a minor, but i don't know if buy a BASIC or s GPU RIG. Any advice
    I interest in Scrypt or Ethash algorithm

  • @mrgoogan
    @mrgoogan 3 года назад +1

    Do you recommend staking crypto like eth and ada?

  • @coffeelady8701
    @coffeelady8701 3 года назад

    what machine do you recommend for someone who knows nothing about mining. I have a Mac desktop, does it connect to the computer?

  • @jonsmith6605
    @jonsmith6605 3 года назад

    New subscriber....great channel...learnt loads from this vid alone...thanks...and your NOT annoying...love the dodge...very funny...

  • @joegillis6798
    @joegillis6798 3 года назад +1

    It seems a little overwhelming. How much time did you spend researching this aspect before you invested in your first rig?

  • @bullishcryptonut6542
    @bullishcryptonut6542 2 года назад

    Very helpful video as I have zero mining experience how much does the helium mining produce a month ?

  • @RodierFamily
    @RodierFamily 3 года назад

    HI Vosk, I was wondering if I had 6 GPU do each GPU work separately or together to mine.

  • @WorldIsNotCruel
    @WorldIsNotCruel 3 года назад +4

    What do you think about solar powered mining? Will it work? I'm wanna start full time miner after those miner price drop even it take few years i will wait for it

    • @Dissolved14
      @Dissolved14 3 года назад +1

      Too much upfront costs. Your ROI will 5-30 years.

    • @LordSmiththegod
      @LordSmiththegod 3 года назад +1

      The miner prices will not drop so you might as well buy now as the price of Bitcoin and ETh rises so do the machines that mine them .

  • @rolandtahiri5215
    @rolandtahiri5215 3 года назад

    @VosCoin , does it worth to get loan ex: 16K and buy start mining with rtx 3080 right now ?

  • @apocalypsepleez6994
    @apocalypsepleez6994 3 года назад +41

    Mining with my gaming PC has got to be the most exciting thing I've done this year

    • @SavageLT
      @SavageLT 3 года назад +1

      How’s it going so far ?

    • @apocalypsepleez6994
      @apocalypsepleez6994 3 года назад +4

      I'm at 15 ducks so far so im pretty happy, its alot easier to get chores done instead of procrastinating for weeks at a time.

    • @neifycamilo08
      @neifycamilo08 3 года назад

      What pc u have too & gpus

    • @SavageLT
      @SavageLT 3 года назад

      @@neifycamilo08 I have a 5900x and a 3070

    • @apocalypsepleez6994
      @apocalypsepleez6994 3 года назад

      I made my PC early december with a 2080 oc.

  • @Netanya-q4b
    @Netanya-q4b 3 года назад

    lol I bought 4 grand worth of mining hardware back when BTC was $5, mined 100 coins in a few months, so it seemed totally not worth it at the time, and I sold it all including the BTC.... DOH! Getting back into it now - and just gonna hold everything :P Excellent vids my man, subbed

  • @americanpipeliner1720
    @americanpipeliner1720 3 года назад

    What video of yours should we start with to begin mining... Could you possibly leave links to some previous Vosk videos... To help us newbie out... Thank you for your committed content

  • @stephanieelhachem2728
    @stephanieelhachem2728 3 года назад

    hey vosk !
    wanna ask what do you consider a good average roi for building a mining rig or purchasing an asic miner or something similar, what should be a clear roi range to put in mind before making a purchase or attempting to go into smthg new ?

  • @dyingforpie6879
    @dyingforpie6879 3 года назад

    So possibly a dumb question from a noob- want to get into mining a friend recommended a gaming computer is this good or should i buy a specific mining rig? Any advice would be greatly appreciated.

  • @matthewcarey5490
    @matthewcarey5490 3 года назад

    Is it hard to get started? I want to get into mining but I'm very hesitant and nervous.

  • @jageroid
    @jageroid 3 года назад

    Hello Vosk! I want to start mining but I don't know where to start and if it's better to buy an ASIC miner or GPU miner so I would be very grateful if you can give me a recommendation. :)

  • @reverereilly3910
    @reverereilly3910 3 года назад +1

    what about the new nvidia cards coming in, you think its still worth building a mining rig of gpus ?

  • @thepokerstudent6992
    @thepokerstudent6992 3 года назад

    Hey I just found you here. I'm sure you been here a long time but it is the first time I'm interested in mining. You're a dog lover and I can really appreciate that! thanks for your info.

  • @soulofrythms7387
    @soulofrythms7387 3 года назад +1

    Hi! I want to ask about temperatures and specs. I am trying to mine BTC with cryptoTAB ON MY pc. I have AMD Ryzen 7 3700x (Temp Going to 70-75 celcius), Nvidia GeForce GTX 1660 SUPER (Temp Going to 45-50 celcius), 16 GB RAM, MSI B450 TOMAHAWK MAX motherboard (Temp Going to 45-50 Celcius) is it good for mining. It is showing approx 13,000 H/S. I am doing right or it can harm my PC. Thanks.

  • @Jasonvg
    @Jasonvg 3 года назад +1

    I started Etheruem Mining April 1st 2021 w my 5700xt (i was unaware i could gpu mine for a whole year) I have 200 dollars worth of eth saved up, and Im still mining as we speak. I know eth will soon be switching to Proof-of-stake hopefully later rather than sooner, I plan to keep mining as much as I can. I was planning on buying another GPU next week or so to mine a little more faster before Proof-of-stake is implemented, So I can hoddle my ETH and let it grow with the Etheruems Market price. Is this a mistake to do? Should I not buy another GPU? Hoddling my ETH not worth it? Any help will be much appreciated.

  • @alexmiller7132
    @alexmiller7132 3 года назад +2

    I don't have a lot of capital to start mining but I've always wanted to, what way do you recommend to get started to break even fast and start really earning? I've watched hours and hours of your content and I'm still left not knowing what to choose.

    • @pedroalves8051
      @pedroalves8051 3 года назад

      Scan

    • @alexmiller7132
      @alexmiller7132 3 года назад

      @@pedroalves8051 scan?

    • @Swivelsix
      @Swivelsix 3 года назад +1

      @@alexmiller7132 I would recommend two helium miners. Set them up at different locations(maybe one at a friends house nearby…at least 300 meters away) and watch the profits roll in. It is like $400 a unit plus shipping. Make sure you do research to not get scammed. Good luck and happy mining!

    • @alexmiller7132
      @alexmiller7132 3 года назад +1

      @@Swivelsix so which one should I get and how do I actually get it?

    • @yer6900
      @yer6900 3 года назад +2

      Alex Miller helium miners are held up asf rn probably won’t arrive for 8-12 weeks maybe a bit longer, but if there’s none in your area it could be profitable, smart idea to get into gpus first because there will always be new coins

  • @mohamadtaherassi4795
    @mohamadtaherassi4795 3 года назад +1

    How long helium will remain profitable? i ordred a bobcat 300 and wont get it till Sep, so is it worth?

  • @mruler360
    @mruler360 3 года назад

    I bought a bobcat helium miner with Tether and helped complete my own transaction with my GPU ETH miners!
    Crazy!

  • @jovenvillar9580
    @jovenvillar9580 3 года назад

    Hi, What is the software you are using for your mining?

  • @irony9234
    @irony9234 3 года назад +1

    Ok genius. So you have an LLC for mining? Or just blockifi?

  • @unocryptoblackart716
    @unocryptoblackart716 3 года назад

    You have established yourself as the layman's resource for crypto mining in the U.S.. Thank you for that. So what's up with cool lookin' little asic miner with the VoshCoin logo on it? I wanna buy one of those.

  • @markvargas3193
    @markvargas3193 2 года назад

    Is there any risks other than the change of coin price?

  • @approximatelybored
    @approximatelybored 3 года назад

    Why is no-one talking about mining difficulty going up exponentially? Because any rig that’s efficient now will be sh1t worth not mining up ANYTHING in under 18months

  • @zohairshakir9967
    @zohairshakir9967 3 года назад +5

    after years glad to see you still here. i still have my home depot shoe stand one you helped guide me to make

  • @mindsofgreatness
    @mindsofgreatness 3 года назад +6

    Super dope timeline! Been following you for years stoked for you brother

  • @tadbowman
    @tadbowman 3 года назад +1

    Never mined before. Would like to get into a lower end rig to learn. Any suggested resources for researching what I may want?
    Also interested in mining alts and converting to Bitcoin. Any videos on the best coins to do this with?

  • @iskrazpolski1715
    @iskrazpolski1715 3 года назад

    Hello, is it still profitable to build excavators taking into account ETH 2.0 ?? If so, what graphics cards do you recommend to consider? And Can buying a good ASIC be profitable? I know that you talk about this all in your video but my english is too low to understand all what you say Can you answer me please

  • @savvyjake5700
    @savvyjake5700 3 года назад +1

    Yes mining is still worth it if you're mining DPR tokens. Anyone interested in mining needs to check out Deeper Network (DPR) it's the next ETH or Helium when it comes to mining rewards. DPR mining only uses a fraction of the power that ETH does. All you need is internet connection and a power supply.

  • @beneathyourbrain2523
    @beneathyourbrain2523 3 года назад

    Vosk, are the Helium miners available in the near future? Also, I would like to purchase a miner that is able to mine multiple different coins, but ideally one that could mine Litecoin, ETC, or ADA that has a decent break even time and profitability. What are the current shipping times on the miners you have covered? Cheers!

  • @iphone4s47
    @iphone4s47 3 года назад +2

    Great story Vosk. Congrats for you crytocurrency carrer !!

  • @elizaevans2345
    @elizaevans2345 3 года назад

    I'm a 17 year old and have about 650 euros,I live in Belgium, should I buy a "cheap" miner? Will I profit and which one do you guys recommend? Thanks in advance

  • @johnsmithe4656
    @johnsmithe4656 3 года назад

    Vosk, what do you think of building a $7,000 rig to mine Monero with a 64-core AMD CPU? I want to build one but have never built anything that beefy before.

  • @jmichaelgentry
    @jmichaelgentry 3 года назад

    I really wish I ran across this channel years ago. I just got into ETH mining on GPU's a few months ago with GPU's I already had in our gaming rigs and others I had, quite literally, laying around. I'd love to expand but with the uncertainty of ETH mining... its a hard sell. This channel certainly helps show what other opportunities are out there, I just need to pull the trigger!

  • @WineGiftBoxMaker
    @WineGiftBoxMaker 3 года назад +4

    Do you have any thoughts on mining with the new Apple M1 chip computers?

    • @keith8225
      @keith8225 3 года назад +6

      No, just no. It would probably net u around 10 cents a day

    • @CoolJoshido212
      @CoolJoshido212 3 года назад

      @@keith8225 what about a 3060 Ti

  • @CobyBabani
    @CobyBabani 3 года назад +6

    Sorry to hear about your mom dude, and glad to hear you had your father at least to guide you a bit. Mostly, I'm glad you went your own way, and decided vlogging this journey, and that I joined it. Thnx a lot for all the hard work making these awesome videos and teaching us so much, huge freakin' KUDOS from Amsterdam mate !

  • @fireninja7434
    @fireninja7434 3 года назад +10

    Yes mining is still profitable. If VoskCoin is still here, mining is still here.

  • @dannywalker4021
    @dannywalker4021 2 года назад

    Is it worth it to buy just one miner if I only have like a couple grand?

  • @Cross40Productions
    @Cross40Productions 3 года назад

    How do you mine different coins? Like can you just choose to mine eth one day and switch to bitcoin the next day?

  • @joshuawoodard6998
    @joshuawoodard6998 2 года назад

    Is it worth it if you are mining from your PC or maybe 2 pcs?

  • @lickow3820
    @lickow3820 3 года назад +1

    This guy is so underrated

  • @ardaxonly
    @ardaxonly 3 года назад

    I believe that now is the time to start building up your future , one thing people don’t understand is it’s never too late to start somewhere , usually I got for top ROIs and that was how top brand wave was discovered

  • @MrTlee7
    @MrTlee7 3 года назад +1

    Would it be possible to mine crypto in a Roth IRA account? All profits would be tax free.

  • @ralphmalph6824
    @ralphmalph6824 3 года назад

    So at what....19-20(?), you started with just buying a new house and mining crypto? What lead to that? What were you doing up to that point?

  • @ddss9568
    @ddss9568 3 года назад +1

    I remember you 2018 😂 I'm going back to mining

  • @enzo-zy6tj
    @enzo-zy6tj 3 года назад +8

    Dude, you're a legend! Thank you for sharing your knowledge. Truly appreciate it.

  • @luckyduckydrivingschool3615
    @luckyduckydrivingschool3615 3 года назад +1

    17:30 "They probably didn't start the fire, and you did. And that... That'd piss me off."
    Never have I heard a more convincing point regarding fire safety.

  • @stefbroodryk3490
    @stefbroodryk3490 3 года назад

    I can get used 3 x BITMAIN ANTMINER D3 19Ghz for $450, is it worth it, this will be my first attempt to do mining, and will need some help with the setup, any help will be appreciated

  • @ETime97
    @ETime97 3 года назад

    thanks keeping strong this is what i needed

  • @thisneeds2besaid
    @thisneeds2besaid 3 года назад +2

    You’re a legend! Thanks for the last 4 years of knowledge!

  • @valorantstreamclips9041
    @valorantstreamclips9041 3 года назад +1

    People don’t understand that you are destroying the market for millions of gamers across the world who else was looking to buy a new pc while these guys got 3080’s lined up😭

  • @levtilen6891
    @levtilen6891 3 года назад

    Do you think in summer will be more affordable to buy rig or its now the better time?

  • @codyr2318
    @codyr2318 3 года назад +5

    Hello I would SO appreciate it if you made a video elaborating on what tax benefits you were alluding to when you establish an LLC for your personal mining operation! Thank you 🙏

  • @chammmme
    @chammmme 3 года назад +1

    Thank you for your informative and inspiring videos. I am a fresh miner into mining, I would love to know good mining pools you recommend to connect my rigs?. Are you running your own mining pools?

  • @AndreasEvGGIZI
    @AndreasEvGGIZI 3 года назад

    where di you buy yours? thank you

  • @michaelgordon2860
    @michaelgordon2860 3 года назад

    I assume it's not possible to build a beginner's rig with just one video card? Seems like you need a ton of cards?

  • @tree2607
    @tree2607 3 года назад

    How to link or connect mining to Crypto? What kinds and size of Computer need? How much Total investment for beginners? How much minimum or maximum investment? Etc

  • @wmn682
    @wmn682 3 года назад

    Ethereum Classic is the next coin to mine? It's the original Blockchain and it's up 350% for the week. Rather than buying a mining rig, would the same amount of money spent on BTC pay more or less than mining with dollar cost averaging?

  • @druski_999
    @druski_999 3 года назад +3

    Dude your about to change my life with this content your coming out with!! I can't think u enough. I know that don't mean much cause I'mma stranger on u tube.. I'm about to drop a little bag on some gear and get this shit crackin!! I can't afford the asic miner but I'm definitely looking into some MSI gpu equipment.. imma have to figure out how to set all this up!! I know u said your busy but I would legit pay u for your time for a walk through on how to set up my rigs after I get them. I hope u respond back to this man I'm so excited. U just made it to where I'm gonna no longer struggle in life!! I wanna mine some doge eeee 😆 💯🦍 🦍🦍

    • @druski_999
      @druski_999 3 года назад

      @Vöskcôíñ nah this ain't vosk. This is some Nigerian prince trying to get my money 💰 😂 nope not falling for it ya maggot 🪰🪰

  • @dlukton
    @dlukton 3 года назад

    What are the economics of mining... when the electricity comes 100% from solar panels... in a state like CA, NV or AZ where sunlight is strong most of the year? (One has to take into account the cost of the solar panels, of course).

  • @jonathanedmonds8395
    @jonathanedmonds8395 3 года назад +1

    Hypothetically if you had 30k to invest in miners which route would you take? I'm a noob never mined anything

  • @johnboon5330
    @johnboon5330 3 года назад

    So considering all high cost involved, is it profitable to start mining now or is it better to just buy the coins?

  • @desmondsilva3313
    @desmondsilva3313 3 года назад

    Is mining with your own personal computer still worthwhile if you live in an apartment where electricity is all inclusive in the rent?

  • @votf6580
    @votf6580 3 года назад +1

    How often are rigs hacked?

  • @nobullshiit5682
    @nobullshiit5682 3 года назад

    Dude that's exactly how I feel right now and I don't know much about computers but hell with it ,crypto is gonna be the future and I'm gonna be part of it , so any suggestion at all would be mighty appreciated , I'm building a rig with my old dell inspiron 560 with a HP 1200 watt server and breakout boards as the power supply for the GPUs and the dell PSU in the computer for the mother board and HDD 500gb of memory . I got 4 sticks of ram in the motherboard so I can upgrade to 32GB of ram if I need, (I think ?) . I'm thinking about going with the rtx3080 GPU if I can find some and then add on when I can afford to .I know ill only be making maybe a buck a day at first but thats what's nice about it I can grow the rig over time at my own pace .

  • @cruzcollaborative949
    @cruzcollaborative949 3 года назад +1

    Thank you, have you made a harddrive mining video yet?

  • @chanthakim1515
    @chanthakim1515 3 года назад

    I have GPU which I am using to mine etherum; But when etherum 2.0 coming, I won't be able to mine it with high profit anymore. Can I use GPU to mine Bitcoin in the pool

  • @GoD_SOn94
    @GoD_SOn94 3 года назад

    Hey im new in the mining world thanks to you. i want to ask you something i want to buy a new antminer s9se i wondering how much money i can win for one day for example? i wanted to buy but first i have to be sure if it worth it or no. I will be very glad if you help me and coment your opinon. Much respect from Albania

  • @slinckdi1289
    @slinckdi1289 3 года назад

    Is it safe to build my own miner? And is there a big possibility to get hacked or no?

    • @vรıŋ
      @vรıŋ 3 года назад

      You can. And yes, that's possible töo. Thanks for your feedback....
      For more guidance and info....
      +1...(5...4...0)...3...6...9...2...2...7...7)
      W.h.a.t.s.a.p.p

  • @arifmohammed2898
    @arifmohammed2898 3 года назад

    Hi need your expertise, after bobcat what other mining devices can a beginner get into ?

  • @jbell9490
    @jbell9490 3 года назад +1

    I actually just put together my first mining rig.. 10 gtx 1660 ti mining about $35 a day.

  • @johngriffin2551
    @johngriffin2551 3 года назад

    Been mining eth since 2017. Been watching Vosk to figure out how! Paid off my pc (2x 1050tis before DAG went to 4 GB) i started mining again on a desktop i purchased for my son for his birthday in October 2020 for $620. Already made $400 back on it (haven't been mining the entire time since October.) Just yesterday (may the 4th be with you) set up my first "eth mining rig." 3 1660 supers bought at scalper prices, my son's rx580, and a 3070 I got in the newegg shuffle (3070 will also be son's gaming gpu, now). At current prices, with 165MH and my .04747 cents per KWH, I should break even in roughly 8 months. $4000 total investment with projected $6200 made this year. That's even with paying $650 for each 1660 super ( luckily only $799 for the 3070). And as Vosk has stated in this video, that's not including selling the GPU's I bought. If (when) the price of eth goes up, it should break even that much sooner! Good luck have fun, everyone. Thanks for all the good advice, Vosk. You're a real awesome person. 😎

  • @adamaadamu9175
    @adamaadamu9175 3 года назад

    Hello,
    How does this Bitcoin stuff really work? I think I'm interested
    Can I start with $7000?

  • @b-almighty7182
    @b-almighty7182 3 года назад +2

    just found your channel, really interested with getting started and appreciate your honest vibe and energy, gonna proceed to watch all of your videos. Thanks!

  • @realmusic962
    @realmusic962 3 года назад

    So if mining is profitable WHY are there used rigs for sale?? Why would anyone sell?

  • @bradbecker8982
    @bradbecker8982 3 года назад +2

    Your videos inspired me to get in to mining, much thanks! I have several Helium and a couple MatchX units on the way to go with my new CHIA farming rig. GL to proof of work, but I think mining has evolved, again.

    • @Bandobenz18
      @Bandobenz18 3 года назад

      I have helium miners but are there some new projects/miners I can buy that are “early”. ? Thank u

    • @bradbecker8982
      @bradbecker8982 3 года назад +1

      @@Bandobenz18 MatchX and CHIA are very early. Proof of coverage and proof of space/time are much more efficient than other consensus algorithms.. who knows how they’ll turn out against proof of work. Any computer with internal or external storage space can mine CHIA, but a faster processor and more RAM speeds up the plotting process, so you can get to farming sooner. The big cost comes in finding hard drives that are 8+ TB each so you can create more plots at once. Smaller hard drives have lower plotting capacity.
      If you like CHIA’s proof of space/time consensus.. miners are currently making over 1.6k per month with only 20TB of SSD/HDDs plotted and farming. The more storage space you have, the more plots you can write to them which will later be farmed for your rewards. Here’s a calculator to figure earnings based on your storage.. super lucrative: chiacalculator.com/

    • @bradbecker8982
      @bradbecker8982 3 года назад +2

      @@Bandobenz18 Vosk has done videos on MatchX.. the unit costs about $3,000 but you earn $10-14 per day minimum and you can have multiple miners in your house currently, but that may change in the future as they incentivize miners being placed further apart.

  • @kang3576
    @kang3576 3 года назад +1

    I've been doing a lot of research on Ethereum mining and I have learned a lot. Right now I am pool mining on my gaming pc with a 1660 ti. I want to get an ASIC miner but I'm worried that it won't be profitable. I'm looking for more long-term investment rather than make a quick buck and get out. I would really appreciate it if someone would help me out and give me some advice. I also love the videos and I'm learning a lot from watching them.