Seriously, is buying mining hardware even worth it?

cryptocurrency 1 week ago

Figuring out if buying crypto mining hardware is worth it is harder than it might seem at first. So in this video, I go explain in depth the 3 most common ways of how to calculate how fast mining equipment will ROI. This can be applied to any type of mining hardware, including ASIC miners, GPU mining rigs, CPU mining rigs and anything else! Please note: this description contains affiliate links, which means if you make a purchase through those links, the channel gets a small commission at no extra cost to you. Using these links helps support the channel, thank you! π— π—˜π—‘π—§π—œπ—’π—‘π—˜π—— π—©π—œπ——π—˜π—’π—¦/π—Ÿπ—œπ—‘π—žπ—¦ πŸ€– ➞ Bitmain L9: πŸ€– ➞ Bombax EZ100: πŸ“Ί ➞ Mining vs. buying crypto: πŸ“Ί ➞ Mining economics video: 𝗠𝗬 π—₯π—˜π—–π—’π— π— π—˜π—‘π——π—˜π—— 𝗦𝗧𝗒π—₯π—˜ 𝗧𝗒 π—šπ—˜π—§ π— π—œπ—‘π—˜π—₯𝗦 𝗙𝗒π—₯ 𝗔𝗑𝗬 π—–π—’π—œπ—‘ 🌟 ➞ Use above link & code: SEB for a $120 discount! 𝗠𝗬 𝗧𝗒𝗣 𝟱 π— π—œπ—‘π—˜π—₯𝗦 𝗧𝗒 π—šπ—˜π—§ π—₯π—œπ—šπ—›π—§ 𝗑𝗒π—ͺ πŸ€– ➞ Great miner if you have expensive power: πŸ€– ➞ Best DOGECOIN+LITECOIN miner: πŸ€– ➞ Best BITCOIN miner: πŸ€– ➞ Small, silent & cheap KASPA miner: πŸ€– ➞ Best KASPA miner: Use above links & code: SEB for a $120 discount! β€”β€”β€”β€”β€”β€” 𝗠𝗬 π—’π—™π—™π—œπ—–π—œπ—”π—Ÿ π— π—˜π—₯𝗖𝗛 (𝗧-π—¦π—›π—œπ—₯𝗧𝗦, π—¦π—§π—œπ—–π—žπ—˜π—₯𝗦 π—˜π—§π—–) πŸ‘• ➞ Get something AWESOME & support the channel 😊 β€”β€”β€”β€”β€”β€” 𝗠𝗬 𝗧𝗒𝗣 𝟱 π— π—œπ—‘π—œπ—‘π—š π—šπ—£π—¨π—¦ 𝗧𝗒 π—šπ—˜π—§ π—₯π—œπ—šπ—›π—§ 𝗑𝗒π—ͺ ✨ ➞ Good at everything: ✨ ➞ Cheap & power efficient: ✨ ➞ If you want a beast: ✨ ➞ Incredible at some coins: ✨ ➞ For very low power rigs: As an Amazon Associate I earn from qualifying purchases π—•π—˜π—¦π—§ π—šπ—£π—¨ π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š πŸ’Ž ➞ Use above link & code: SEB for 10% discount! π—•π—œπ—§π—–π—’π—œπ—‘ π— π—œπ—‘π—œ π— π—œπ—‘π—˜π—₯ 𝗙𝗒π—₯ π—¦π—’π—Ÿπ—’ π— π—œπ—‘π—œπ—‘π—š πŸš€ ➞ Can be used for a small chance to mine a Bitcoin block worth 3.125 BTC! π—žπ—˜π—˜π—£ 𝗬𝗒𝗨π—₯ π—–π—’π—œπ—‘π—¦ π—¦π—”π—™π—˜ π—ͺπ—œπ—§π—› π—§π—›π—œπ—¦ π—ͺπ—”π—Ÿπ—Ÿπ—˜π—§ πŸ’° ➞ Use above link & code: SEB for 10% discount! π—–π—’π—œπ—‘π—Ÿπ—˜π——π—šπ—˜π—₯ π— π—”π—žπ—˜π—¦ 𝗖π—₯𝗬𝗣𝗧𝗒 𝗧𝗔𝗫 π—¦π—¨π—£π—˜π—₯ π—˜π—”π—¦π—¬ πŸ“ ➞ Use above link & code: SEB for 10% discount! π—”π—œπ—₯π—™π—Ÿπ—’π—ͺ 𝗣π—₯𝗒𝗗𝗨𝗖𝗧𝗦 (π—šπ—₯𝗒π—ͺ π—§π—˜π—‘π—§π—¦, π—˜π—«π—›π—”π—¨π—¦π—§ 𝗙𝗔𝗑𝗦 π—˜π—§π—–) πŸ’¨ ➞ Use above link & code: SEB for 10% discount! π—€π—¨π—”π—Ÿπ—œπ—§π—¬ π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š 𝗣𝗔π—₯𝗧𝗦 (π—₯π—œπ—¦π—˜π—₯𝗦, π—¦π—£π—Ÿπ—œπ—§π—§π—˜π—₯𝗦 π—˜π—§π—–) 🀩 ➞ Use above link & code: SEB for 10% discount! 𝗧π—₯𝗬 π—›π—Άπ˜ƒπ—²π—’π—¦, 𝗠𝗬 𝗙𝗔𝗩𝗒𝗨π—₯π—œπ—§π—˜ π— π—œπ—‘π—œπ—‘π—š 𝗒𝗦, 𝗙𝗒π—₯ 𝗙π—₯π—˜π—˜ πŸ–₯️ ➞ Use above link & code: SEBSFINTECH for a free $10 bonus! β€”β€”β€”β€”β€”β€” π—π—’π—œπ—‘ π—§π—›π—˜ π—–π—›π—”π—‘π—‘π—˜π—Ÿ 𝗙𝗒π—₯ 𝗕𝗒𝗑𝗨𝗦 π—–π—’π—‘π—§π—˜π—‘π—§ ⭐ ➞ β€”β€”β€”β€”β€”β€” πŸ“¦ π—šπ—˜π—‘π—˜π—₯π—”π—Ÿ 𝗔𝗠𝗔𝗭𝗒𝗑 π—Ÿπ—œπ—‘π—žπ—¦ Mining rig tools: Clean your mining rigs: πŸ“¦ π—šπ—£π—¨ π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š 𝗣𝗔π—₯𝗧𝗦 GPUs & risers: see above Motherboard: CPU: RAM: Power supply: Use 2 PSUs in 1 rig: Plug 4 risers into one PCIe slot: Mini touchscreen: πŸ“¦ 𝗖𝗣𝗨 π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š 𝗣𝗔π—₯𝗧𝗦 CPU: Fast RAM: Normal RAM: Motherboard: SSD: Power supply: 24-pin splitter: As an Amazon Associate I earn from qualifying purchases β€”β€”β€”β€”β€”β€” 𝗙π—₯π—˜π—˜ π— π—œπ—‘π—œπ—‘π—š 𝗙π—₯π—”π— π—˜ 𝗣𝗗𝗙 π—•π—¨π—œπ—Ÿπ—— π—šπ—¨π—œπ——π—˜ π—œ π— π—”π——π—˜ ⛏️ ➞ π—Ÿπ—œπ—¦π—§π—˜π—‘ 𝗧𝗒 𝗠𝗬 π— π—¨π—¦π—œπ—– 𝗒𝗑 π—¦π—£π—’π—§π—œπ—™π—¬ 🎧 ➞ π—‘π—˜π—˜π—— π— π—œπ—‘π—œπ—‘π—š π—›π—˜π—Ÿπ—£? π—π—’π—œπ—‘ π— π—œπ—¦π—™π—œπ—§ π— π—œπ—‘π—œπ—‘π—š π——π—œπ—¦π—–π—’π—₯𝗗 πŸ’¬ ➞ β€”β€”β€”β€”β€”β€” π—˜π— π—”π—œπ—Ÿ 𝗙𝗒π—₯ π—•π—¨π—¦π—œπ—‘π—˜π—¦π—¦ π—˜π—‘π—€π—¨π—œπ—₯π—œπ—˜π—¦ βœ‰οΈ ➞ β€”β€”β€”β€”β€”β€” None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is for entertainment purposes. You do things at your own risk & are responsible for your own actions. Do your own research. β€”β€”β€”β€”β€”β€” πŸ“Ό π—©π—œπ——π—˜π—’ π—–π—’π—‘π—§π—˜π—‘π—§ 00:00 How to know if mining hardware will ROI - Introduction 01:46 Some examples of ROI 04:34 Recap of how making money in mining works 07:31 Why calculating ROI is complicated 08:20 Using coin value to calculate mining hardware ROI explained 09:48 Using coin yield to calculate mining gear breakeven explained 15:08 Using mining profitability to calculate mining rig ROI explained 17:47 Coin Mining Central ad 19:31 How to ACTUALLY know if buying mining hardware is worth it #cryptomining #altcoinmining #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #bitcoin #cryptocurrency #hashrate
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