Spreadsheet FTW! Great perspective as always. I’m torn on selling at specific price levels vs specific time frames. Either way, it will be life changing 🎉
Wow, awesome spreadsheet. Thanks for posting that. I was GPU mining, but looking to move to ASIC's, did have an Antminer many years ago doing BTC, electric was more than the rewards. However these KS3's(any others) are profitable even at 36p per kwh in the UK.Just doing more reserch but I'm likely to go for the KS3. Also aound the middle of next year I plan to expand my solar panels, and add battery storage. This will mean I can run the KS3 for 24hours during the summer with no electric costs at all. 20kw of panels 80kwh storage. Working out some plans over the Chrismas break.
One concern I would have, is KAS rewards going to be around for a while. I enjoyed the ETH surge many years ago but knew it would come to an end at some point. Will KAS rewards be this good for a month or more like 6 months? Looking at the past couple of months they have been a little better, is it tailing off? I have ETH to buy an ASIC, of course want the ROI to happen before KAS rewards drop. What's people gut feelings on KAS rewards sticking around for a bit?
Estimated nethash growth /month 10 Ph/s 30PHs would be a more realistic value and even then might be understated. There are just too many ASICs being manufactured, at this pace no one buying right now will breakeven unless Kaspa price increases substancially.
hi, seb! Bro can you please please do the predictions for alephium and ergo, also any other promising mining coin? Can you also make a list of possible coins that can be the next kaspa? always delighted to watch your videos, keep up the great work and keep improving the quality!
Yeah but they haven't improved the engineering in 14 years mate. I am not saying Kaspa will overtake BTC anytime soon, but if you had and asset with the same security and 600x faster if we assumed some adoption it would be impossible not to draw some attention from the big guys. imo BTC has some scaling issues the community doesn't accept yet and if they don't improve their tech in the next 10 years someone will overtake it.@@robt3407
It drops every month, check out the last part of the video where I talk about that and show a spreadsheet, or check out the full video about that: th-cam.com/video/UvxgJEpV0j0/w-d-xo.html One big thing to note is that even if profit drops, it's likely to still be worth it to buy a miner. That's the point of the spreadsheet, to calculating that. Hope this helps :)
@@nilarmstrong It all has to do with how fast you think the Kaspa network hashrate will grow. That's why I made this spreadsheet available so you guys can make your own predictions and not just listen to youtubers ;)
@@nilarmstrong I don’t think calculating the nethash growth as a percentage is realistic because that means it would grow exponentially (grow faster and faster each month). It will probably do the opposite, grow less and less each month as profits decrease. Which long term is a good thing for us miners and means more total coins mined.
I'm in the UK too, 36p per kwh is a killer. Was GPU mining, but turned it off for the last 6 months. I do have Solar so was just turning them on when the sun was strong enough. Have been looking at a ASIC Kaspa miner, which is why I ended up here. £900 electric cost per month, but could earm £2500 a month. So looks to still be profitable. Doing some researched before forking out £11k on a ASIC miner.
Hi Seb, Love your videos. Can you add the internal rate of return to the spreadsheets? i.e. taking into account money earned in the future is worth less than at the investment date
Good stuff Seb! Im definitely more on the conservative side , bull target is at .4 based on MC before this crazy run up, the adoption rate these past few months though has been incredible and hope im extremely low/ wrong, 😂.
@@miningstacker Ahh, I see. I think without a doubt it will be completely obliterated knowing the exponential growth during the bull cycle of coins at Kaspa's price range.
I think this is wrong way to predict price. Checking the 28 position does not give the right insights. You should find a similar max supply coin in the same or similar space. A 28th place coin with billion in supply compared to a coin with million in supply is a lot different. Million isupply coins have more space to develop and gain more price in less of even market cap. Kaspa currently has 2+bn cap , in the next bull run can not be more than 5bn (remember that Sol highest market cap was around 50bn with supply in millions range). And the difference between these 2 coins is huge.
Considering that Ethereum's market cap jumped to $4 billion on its first initial big jump back on March of 2017, and Kaspa's went to $3 billion, there's a potential to see Kaspa go to around $105 billion market cap given the same increase rate of Ethereum that took that to $139 billion in the 2018 bullrun. Thus you'd have around a $4+ Kaspa.
According to the spreadsheet, (specifically looking at the KS0 Pro), u get about 2x more kaspa just buying the coin now, instead of buying the miner and running it for 2 years, with the same amount of total money spent
I don't know how you are arriving at that conclusion. KS0 Pro cost $618 when using the discount code, that would buy 4,500 KAS today (or 4,900 yesterday when I recorded the video). The KS0 Pro, according to the prediction from the spreadsheet in the video, mines a total of 8,300 Kaspa in 24 months. So seems you got it backwards as you'd mine almost twice as much compared to if you buy. Even if you take the power cost into account, for a total of $1014-$135 discount=$879 that still only buys 6,500 Kaspa today, which is still less than the 8,300 you would mine. Hope this helps :)
@@SebsFinTechChannel I think you underestimated the hash rate dynamics. My kaspa miners mine 80% less than 3 months ago... I'm regretting not buying the coin itself instead of the miners... KSO will mine less than a coin per day just in less than a year... Kaspa miners are and will be profitable but they are total loss in terms of buying the coin today vs.buying the miners.
Check out Coin Mining Central's giveaway: x.com/mining_central
Thank my bro. awesome information. :)
U had me at Kaspa
Spreadsheet FTW! Great perspective as always. I’m torn on selling at specific price levels vs specific time frames. Either way, it will be life changing 🎉
I appreciate you sir!!! Yeah sell timing is the hardest thing in mining IMO and I am NOT good at it lmao
These spreadsheets get me all hot n bothered. Rock on seb
Wow, awesome spreadsheet. Thanks for posting that. I was GPU mining, but looking to move to ASIC's, did have an Antminer many years ago doing BTC, electric was more than the rewards. However these KS3's(any others) are profitable even at 36p per kwh in the UK.Just doing more reserch but I'm likely to go for the KS3. Also aound the middle of next year I plan to expand my solar panels, and add battery storage. This will mean I can run the KS3 for 24hours during the summer with no electric costs at all. 20kw of panels 80kwh storage. Working out some plans over the Chrismas break.
One concern I would have, is KAS rewards going to be around for a while. I enjoyed the ETH surge many years ago but knew it would come to an end at some point. Will KAS rewards be this good for a month or more like 6 months? Looking at the past couple of months they have been a little better, is it tailing off?
I have ETH to buy an ASIC, of course want the ROI to happen before KAS rewards drop. What's people gut feelings on KAS rewards sticking around for a bit?
Estimated nethash growth /month
10 Ph/s
30PHs would be a more realistic value and even then might be understated.
There are just too many ASICs being manufactured, at this pace no one buying right now will breakeven unless Kaspa price increases substancially.
Great work on the excel bud. Gained a sub :)
hi, seb! Bro can you please please do the predictions for alephium and ergo, also any other promising mining coin? Can you also make a list of possible coins that can be the next kaspa? always delighted to watch your videos, keep up the great work and keep improving the quality!
If the best scenario is a 20x from now, wouldnt that mean that its best to buy the coins now and not the Asics?
Generally the idea is that you end up with more coins from mining than buying.
i’m about to buy a ks3 should i still get?
Sir, Kaspa has gone up 20X in less then a year now. When ethereum started back then it went up 10X in 2 months in 2016 and 100X in 16 months...
BTC + ETH = KAS
I disagree. Btc is always btc
Yeah but they haven't improved the engineering in 14 years mate. I am not saying Kaspa will overtake BTC anytime soon, but if you had and asset with the same security and 600x faster if we assumed some adoption it would be impossible not to draw some attention from the big guys. imo BTC has some scaling issues the community doesn't accept yet and if they don't improve their tech in the next 10 years someone will overtake it.@@robt3407
How long do you think miner profitability lets say ks2 (kaspa) will hold the same? When will it starts to drop?
It drops every month, check out the last part of the video where I talk about that and show a spreadsheet, or check out the full video about that: th-cam.com/video/UvxgJEpV0j0/w-d-xo.html One big thing to note is that even if profit drops, it's likely to still be worth it to buy a miner. That's the point of the spreadsheet, to calculating that. Hope this helps :)
Some other youtuber said that it wont roi i mean the ks0 pro
@@nilarmstrong It all has to do with how fast you think the Kaspa network hashrate will grow. That's why I made this spreadsheet available so you guys can make your own predictions and not just listen to youtubers ;)
You have a point. If its goes to 20%increase in hashrate per month
@@nilarmstrong I don’t think calculating the nethash growth as a percentage is realistic because that means it would grow exponentially (grow faster and faster each month). It will probably do the opposite, grow less and less each month as profits decrease. Which long term is a good thing for us miners and means more total coins mined.
Whats your opinion on Radiant RXD?
Electricity prices in the UK are insanely high. Still would be profitable to mine Kaspa but those electricity bills! Ouch.
I'm in the UK too, 36p per kwh is a killer. Was GPU mining, but turned it off for the last 6 months. I do have Solar so was just turning them on when the sun was strong enough. Have been looking at a ASIC Kaspa miner, which is why I ended up here. £900 electric cost per month, but could earm £2500 a month. So looks to still be profitable. Doing some researched before forking out £11k on a ASIC miner.
Great video.
I think your overall market size predictipn is way too conservative. Many believe it should be between 7-10 trillion
hey Sebs I hope you are doing good can you make us the same video but about nexa?
Gov't sucks !
Thx 4 da vid Seb the FinTech.
So I am now mining Zephr but being paid in Monero with my cpus on unmineable. Crypto world is so funny sometimes.
Hi Seb, Love your videos. Can you add the internal rate of return to the spreadsheets? i.e. taking into account money earned in the future is worth less than at the investment date
Great Video
KAS ETF equivalent announcement last night by the Doc.
Good stuff Seb! Im definitely more on the conservative side , bull target is at .4 based on MC before this crazy run up, the adoption rate these past few months though has been incredible and hope im extremely low/ wrong, 😂.
What does "bull target is at .4 based on MC" mean?
@@MassBoost price target for bull was 0.40 based on market cap , but looks like that's going to get obliterated at the rate that it's going.
@@miningstacker Ahh, I see. I think without a doubt it will be completely obliterated knowing the exponential growth during the bull cycle of coins at Kaspa's price range.
@SebsFinTechChannel, You are by far the smartest GPU miner on TH-cam! I really apricate your content.
👑Kaspa Kas 👑🚀🚀🚀 10 $$$👑😊
Well unless you think someone will hand you a million dollars for a bag of Kaspa but I can’t visualize that!
Why not nexa
What do you mean?
Because Nexa is doing absolutely nothing?
Price can go atleast ath
Nexa is next crypto that will skyrocket
Really? Because it's gone down in price over the last 295 days.
Do you think that KAS is over now? I haven’t seen a day where it lost 5% yet… today is a 5% loss day
I definitely don't think it's over.
🤡
@@Adam-bz6yh no need to be rude
FOMO is real human feeling....lol. Well done Sebs
I think this is wrong way to predict price. Checking the 28 position does not give the right insights. You should find a similar max supply coin in the same or similar space. A 28th place coin with billion in supply compared to a coin with million in supply is a lot different. Million isupply coins have more space to develop and gain more price in less of even market cap. Kaspa currently has 2+bn cap , in the next bull run can not be more than 5bn (remember that Sol highest market cap was around 50bn with supply in millions range). And the difference between these 2 coins is huge.
So you're saying that Kaspa won't be more than 5 billion in market cap during the bullrun?
It sounds like you don't believe the see predictions of $3, $5, etc. I agree with you. My prediction is $1-2 in Q4 2025
Considering that Ethereum's market cap jumped to $4 billion on its first initial big jump back on March of 2017, and Kaspa's went to $3 billion, there's a potential to see Kaspa go to around $105 billion market cap given the same increase rate of Ethereum that took that to $139 billion in the 2018 bullrun. Thus you'd have around a $4+ Kaspa.
@@MassBoost We'll see what happens. I'm not seeing it go past $1-2.
i mean, you could just say everything in the first minute or 2 of the video.....
unsub
lol you dont like having the data on a table to calculate profits for end of run? thats wild dog
Kaspa is gonna get over 2dollar lol
Kaspa crashes after it hits 5 dollars
The 24 month Estimated network hash rate is pretty much the current hash rate just 4 months after this video came out... yikes!
According to the spreadsheet, (specifically looking at the KS0 Pro), u get about 2x more kaspa just buying the coin now, instead of buying the miner and running it for 2 years, with the same amount of total money spent
I don't know how you are arriving at that conclusion. KS0 Pro cost $618 when using the discount code, that would buy 4,500 KAS today (or 4,900 yesterday when I recorded the video). The KS0 Pro, according to the prediction from the spreadsheet in the video, mines a total of 8,300 Kaspa in 24 months. So seems you got it backwards as you'd mine almost twice as much compared to if you buy. Even if you take the power cost into account, for a total of $1014-$135 discount=$879 that still only buys 6,500 Kaspa today, which is still less than the 8,300 you would mine. Hope this helps :)
Thought kso pro is $429 on there website, then a power cord and shipping about $500
@@SebsFinTechChannel I think you underestimated the hash rate dynamics.
My kaspa miners mine 80% less than 3 months ago... I'm regretting not buying the coin itself instead of the miners... KSO will mine less than a coin per day just in less than a year... Kaspa miners are and will be profitable but they are total loss in terms of buying the coin today vs.buying the miners.
@@adriaforumWhat are the hashrate dynamics?
Gotta love the ppl hyping up 10$ 200+ billion market cap. Edit confused billion with mill
It'd have to go to a $250 billion market cap to go to $10, "200+ million" would only put you at around 1 cent.
@@MassBoost rip I meant billion cause it already past one bill