Seriously, is buying mining hardware even worth it?

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! 𝗠𝗘𝗡𝗧𝗜𝗢𝗡𝗘𝗗 𝗩𝗜𝗗𝗘𝗢𝗦/𝗟𝗜𝗡𝗞𝗦 🤖 ➞ Bitmain L9: https://bit.ly/seb-L9 🤖 ➞ Bombax EZ100: https://bit.ly/seb-EZ100 📺 ➞ Mining vs. buying crypto: https://youtu.be/t5V26p_nvGc 📺 ➞ Mining economics video: https://youtu.be/ivSzXP7t3xQ 𝗠𝗬 𝗥𝗘𝗖𝗢𝗠𝗠𝗘𝗡𝗗𝗘𝗗 𝗦𝗧𝗢𝗥𝗘 𝗧𝗢 𝗚𝗘𝗧 𝗠𝗜𝗡𝗘𝗥𝗦 𝗙𝗢𝗥 𝗔𝗡𝗬 𝗖𝗢𝗜𝗡 🌟 ➞ https://bit.ly/seb-CoinMiningCentral Use above link & code: SEB for a $120 discount! 𝗠𝗬 𝗧𝗢𝗣 𝟱 𝗠𝗜𝗡𝗘𝗥𝗦 𝗧𝗢 𝗚𝗘𝗧 𝗥𝗜𝗚𝗛𝗧 𝗡𝗢𝗪 🤖 ➞ Great miner if you have expensive power: https://bit.ly/seb-Jasminer 🤖 ➞ Best DOGECOIN+LITECOIN miner: https://bit.ly/seb-L9 🤖 ➞ Best BITCOIN miner: https://bit.ly/seb-S21-XP 🤖 ➞ Small, silent & cheap KASPA miner: https://bit.ly/seb-KS0-ultra 🤖 ➞ Best KASPA miner: https://bit.ly/seb-KS5-pro Use above links & code: SEB for a $120 discount! —————— 𝗠𝗬 𝗢𝗙𝗙𝗜𝗖𝗜𝗔𝗟 𝗠𝗘𝗥𝗖𝗛 (𝗧-𝗦𝗛𝗜𝗥𝗧𝗦, 𝗦𝗧𝗜𝗖𝗞𝗘𝗥𝗦 𝗘𝗧𝗖) 👕 ➞ https://www.gpuheadz.com Get something AWESOME & support the channel 😊 —————— 𝗠𝗬 𝗧𝗢𝗣 𝟱 𝗠𝗜𝗡𝗜𝗡𝗚 𝗚𝗣𝗨𝗦 𝗧𝗢 𝗚𝗘𝗧 𝗥𝗜𝗚𝗛𝗧 𝗡𝗢𝗪 ✨ ➞ Good at everything: https://amzn.to/3FIzpSO ✨ ➞ Cheap & power efficient: https://amzn.to/3FIXngL ✨ ➞ If you want a beast: https://amzn.to/3FJTpEv ✨ ➞ Incredible at some coins: https://amzn.to/3yXr3mn ✨ ➞ For very low power rigs: https://amzn.to/3FEHp79 As an Amazon Associate I earn from qualifying purchases 𝗕𝗘𝗦𝗧 𝗚𝗣𝗨 𝗠𝗜𝗡𝗜𝗡𝗚 𝗥𝗜𝗚 💎 ➞ https://bit.ly/seb-R8 Use above link & code: SEB for 10% discount! 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗠𝗜𝗡𝗜 𝗠𝗜𝗡𝗘𝗥 𝗙𝗢𝗥 𝗦𝗢𝗟𝗢 𝗠𝗜𝗡𝗜𝗡𝗚 🚀 ➞ https://bit.ly/seb-BTC-nano Can be used for a small chance to mine a Bitcoin block worth 3.125 BTC! 𝗞𝗘𝗘𝗣 𝗬𝗢𝗨𝗥 𝗖𝗢𝗜𝗡𝗦 𝗦𝗔𝗙𝗘 𝗪𝗜𝗧𝗛 𝗧𝗛𝗜𝗦 𝗪𝗔𝗟𝗟𝗘𝗧 💰 ➞ https://bit.ly/seb-Tangem Use above link & code: SEB for 10% discount! 𝗖𝗢𝗜𝗡𝗟𝗘𝗗𝗚𝗘𝗥 𝗠𝗔𝗞𝗘𝗦 𝗖𝗥𝗬𝗣𝗧𝗢 𝗧𝗔𝗫 𝗦𝗨𝗣𝗘𝗥 𝗘𝗔𝗦𝗬 📝 ➞ https://bit.ly/seb-CoinLedger Use above link & code: SEB for 10% discount! 𝗔𝗜𝗥𝗙𝗟𝗢𝗪 𝗣𝗥𝗢𝗗𝗨𝗖𝗧𝗦 (𝗚𝗥𝗢𝗪 𝗧𝗘𝗡𝗧𝗦, 𝗘𝗫𝗛𝗔𝗨𝗦𝗧 𝗙𝗔𝗡𝗦 𝗘𝗧𝗖) 💨 ➞ https://bit.ly/seb-AC-Infinity Use above link & code: SEB for 10% discount! 𝗤𝗨𝗔𝗟𝗜𝗧𝗬 𝗠𝗜𝗡𝗜𝗡𝗚 𝗥𝗜𝗚 𝗣𝗔𝗥𝗧𝗦 (𝗥𝗜𝗦𝗘𝗥𝗦, 𝗦𝗣𝗟𝗜𝗧𝗧𝗘𝗥𝗦 𝗘𝗧𝗖) 🤩 ➞ https://bit.ly/seb-GPU-risers Use above link & code: SEB for 10% discount! 𝗧𝗥𝗬 𝗛𝗶𝘃𝗲𝗢𝗦, 𝗠𝗬 𝗙𝗔𝗩𝗢𝗨𝗥𝗜𝗧𝗘 𝗠𝗜𝗡𝗜𝗡𝗚 𝗢𝗦, 𝗙𝗢𝗥 𝗙𝗥𝗘𝗘 🖥️ ➞ https://bit.ly/seb-HiveOS Use above link & code: SEBSFINTECH for a free $10 bonus! —————— 𝗝𝗢𝗜𝗡 𝗧𝗛𝗘 𝗖𝗛𝗔𝗡𝗡𝗘𝗟 𝗙𝗢𝗥 𝗕𝗢𝗡𝗨𝗦 𝗖𝗢𝗡𝗧𝗘𝗡𝗧 ⭐ ➞ https://youtube.com/@SebsFinTechChannel/join —————— 📦 𝗚𝗘𝗡𝗘𝗥𝗔𝗟 𝗔𝗠𝗔𝗭𝗢𝗡 𝗟𝗜𝗡𝗞𝗦 Mining rig tools: https://amzn.to/3qhqVLc Clean your mining rigs: https://amzn.to/40nEiZk 📦 𝗚𝗣𝗨 𝗠𝗜𝗡𝗜𝗡𝗚 𝗥𝗜𝗚 𝗣𝗔𝗥𝗧𝗦 GPUs & risers: see above Motherboard: https://amzn.to/3PcSW2H CPU: https://amzn.to/40lck0A RAM: https://amzn.to/3gxxHGF Power supply: https://amzn.to/3ZbPibj Use 2 PSUs in 1 rig: https://amzn.to/3TCWvQn Plug 4 risers into one PCIe slot: https://amzn.to/3gfrEqZ Mini touchscreen: https://amzn.to/3pMGRmI 📦 𝗖𝗣𝗨 𝗠𝗜𝗡𝗜𝗡𝗚 𝗥𝗜𝗚 𝗣𝗔𝗥𝗧𝗦 CPU: https://amzn.to/3NafFd7 Fast RAM: https://amzn.to/3SDS2uE Normal RAM: https://amzn.to/3gKsBdz Motherboard: https://amzn.to/3T2y801 SSD: https://amzn.to/3FjCutg Power supply: https://amzn.to/3gHdNfV 24-pin splitter: https://amzn.to/3fegxAZ As an Amazon Associate I earn from qualifying purchases —————— 𝗙𝗥𝗘𝗘 𝗠𝗜𝗡𝗜𝗡𝗚 𝗙𝗥𝗔𝗠𝗘 𝗣𝗗𝗙 𝗕𝗨𝗜𝗟𝗗 𝗚𝗨𝗜𝗗𝗘 𝗜 𝗠𝗔𝗗𝗘 ⛏️ ➞ https://bit.ly/miningframe 𝗟𝗜𝗦𝗧𝗘𝗡 𝗧𝗢 𝗠𝗬 𝗠𝗨𝗦𝗜𝗖 𝗢𝗡 𝗦𝗣𝗢𝗧𝗜𝗙𝗬 🎧 ➞ https://spoti.fi/3TA4n5g 𝗡𝗘𝗘𝗗 𝗠𝗜𝗡𝗜𝗡𝗚 𝗛𝗘𝗟𝗣? 𝗝𝗢𝗜𝗡 𝗠𝗜𝗦𝗙𝗜𝗧 𝗠𝗜𝗡𝗜𝗡𝗚 𝗗𝗜𝗦𝗖𝗢𝗥𝗗 💬 ➞ https://discord.gg/8PTDKjSMdU —————— 𝗘𝗠𝗔𝗜𝗟 𝗙𝗢𝗥 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 𝗘𝗡𝗤𝗨𝗜𝗥𝗜𝗘𝗦 ✉️ ➞ sebsfintech@gmail.com —————— 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. —————— 📼 𝗩𝗜𝗗𝗘𝗢 𝗖𝗢𝗡𝗧𝗘𝗡𝗧 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