The Dark Side of ASIC Mining

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  • เผยแพร่เมื่อ 24 ม.ค. 2025

ความคิดเห็น • 66

  • @fullyelectric
    @fullyelectric ปีที่แล้ว +5

    Awesome 👏 content, right to the point I like your style! Man so very true for years I never posted once about how to get ahead knowing if I do it will only end up affecting my profits lol now I am very comfortable where I am at truly happy you putting this out their! More please 👍

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thanks Brotha! Man post all you want, cause truth is most people wont listen. We could shout to the moon that NOW is the time to invest, yet the masses wont believe it, and once we're in a bull run again we could tell ppl not to fomo into the top, BUT they will 🤷🏻‍♂️ I still try though lol. My hope is.... at this moment, the people who are here now, are the ones that actually want to learn. Willing to put in the work now for a future win.
      If nothing else (ppl dont actually watch this video) maybe a sinister thumbnail will scare them away from you ASIC's game 😂

  • @jameswalker5645
    @jameswalker5645 ปีที่แล้ว +4

    I respect the fact that you're honest about the sale. You were trying to get rid of them and you didn't want to talk yourself out of a sale but business is business...

    • @_HashForce
      @_HashForce  ปีที่แล้ว +1

      Hey man, thanks for that comment. You're exactly right I didnt want to scare people away, but Its a very difficult situation to be sure im honest, because I feel for my fellow crypto miners. thx man 🤜🏽

  • @AleksandrsBrodie
    @AleksandrsBrodie ปีที่แล้ว +1

    great job, you do a really good job articulating your thoughts and keeping it concise. look forward to future content :)

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thx! Much appreciated! I'll be sure to keep bringing it! 🤜🏽

  • @theponca1970
    @theponca1970 ปีที่แล้ว +4

    I use solar and hydro-electric power to mine my Bitcoin completely off-grid. Soon, I will move into Bitcoin fracking and use off gas from my oil wells to power generators that will power my miners. I take older ASIC models and place them into immersion units powered by green energy and they pay for themselves. I have no electricity cost and the earnings from mining pays off the investment into green energy solutions in under two years. I won't ever pay for electricity again and will continue to expand my operation every year.

    • @_HashForce
      @_HashForce  ปีที่แล้ว +2

      Thats SOOO Awesome man! Please make some videos on that it would be great to see! I have interest in solar but now is not a good time for me. So day for sure! Thx for comment! 🤜🏽

  • @rondy87
    @rondy87 ปีที่แล้ว +2

    🔥🔥🔥straight knowledge.....im taking notes ✍️✍️✍️ i got wrecked with my KD-lite

    • @_HashForce
      @_HashForce  ปีที่แล้ว +1

      Thanks man much appreciation 🙏🏼 Damn I feel ya man. I'd say more than anything else in mining, I've been hit hardest by ASIC not working out for me

  • @gramzy0
    @gramzy0 ปีที่แล้ว +2

    Looking forward to c your opinion about kaspa ks3 after 3 with block reward reduction and hashrate increase.

  • @hdcomputerkeith
    @hdcomputerkeith ปีที่แล้ว +1

    awesome vid sir. hope red panda see it, plus no curse words this vid was so clean i can share on my FB!

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Haha Thx Man! It was just that ONE curse last time & I had to put it in for the exclamation of the situation lol I dont plan to have any more in my vids lol. Thx for watching & sharing! its much much appreciated!🙏🏼

  • @cantgetright5895
    @cantgetright5895 ปีที่แล้ว +4

    Great Video and I definitely agree with you ASICs are not bad but they are BIG risk because you never know what's coming after the top dog. I hate that all TH-camrs are sponsored and get free ASICs and promote them to views not thinking or caring if someone buys one for 15k he could hold paper weight next month.

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thank you man I agree 100% Especially about Sponsor Videos. Thats actually THE reason why I started this channel. Its because even niw in this bear market after so many ppl got wrecked, i still see YT’ers making videos with half (or incomplete) truths. It pissed me off enough that i decided Inwas going to try to make a voice for myself on YT, so people could ACTUALLY have someone that has their back before anything else. Thats my vision with this channel. i hope that I will be able to make it a reality. Thank you so much for the comment & I hope you’ll follow along for the rebuild 🤜🏼

  • @luismaflorentin
    @luismaflorentin ปีที่แล้ว +1

    Hi!! Great videos, I'm in a Hash Force's marathon, thanks for sharing! Feedback: The intro sound volume is too high on headphones.

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thanks! And thanks for the feedback! Every new video i wonder about that lol. Thx for telling me! 🤜🏼

  • @tinderoni
    @tinderoni ปีที่แล้ว +1

    Did I watch the sub count double in a week or am I dreaming? Keep it up, brother!

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Yeah you’re dreaming, cause its only been 3 Days! 😄 lol & its thanks to ppl like you man! The support has been amazing! I appreciate it so much ♥️ 🤜🏼

  • @jaydubya2445
    @jaydubya2445 ปีที่แล้ว +1

    Great info, great upload. Thanks for sharing. +1sub

  • @kanmts1995
    @kanmts1995 ปีที่แล้ว +1

    mate i asked many other youtubers but no one answered this question...why no one shows which miners are solid for long run, and how often they have stopped working because of control board, hashboard etc... i saw a lot of them stopp working like in 6 months...

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      I think no body answer cause other factors are involved like miner environment. For BTC Whatsminer has proven most reliable (but slightly less efficient than Bitmain). I believe L7 is working good now (they had issues in the beginning but now worked out). Also I dont hear of problems with iPollo brand Miners. Also Jasminer seems good (these are mostly ETC miners). In the past Goldshell miner have been very good, but lately a few complaints. I personally would consider any of these miners to be reliable for myself, but its important to have good clean & cool environment for longest lifespan.

    • @kanmts1995
      @kanmts1995 ปีที่แล้ว

      @@_HashForce ipollo i dont even know if someone bought it because from the start it was unprofitable, but the main issue i think it will be the dificulty to find spare parts of those miners

  • @EvertvanIngen
    @EvertvanIngen 7 หลายเดือนก่อน

    Have 10 grand to invest ready to go. But i'm not sure if the ASIC wil ROI. because of the difficulty curve.
    I wish there was a calculator/simulator that could just simulate the future ROI

  • @sliakonisjustinas
    @sliakonisjustinas ปีที่แล้ว +1

    I like your content very much! Keep it up! After watching a video about your crypto journey I subscribed :)! Maybe TH-cam will be your next big thing

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thank you so much man! I appreciate it! I'll do my best to bring the goods! 💪 That would be amazing! If something like that happens I plan to give 51% back to my Subs, cause its community that makes a channel. Thanks so much for being a part of it! I really appreciate it! 🤜

  • @square_and_compass
    @square_and_compass ปีที่แล้ว +1

    Hello, I'm reaching out to get some perspective on where and what I should start mining with coins. I had fiber optic piped into my home a couple years ago to mine with CPU but that was a joke. Like you said a couple cents a day or week wasn't working so I walked away from mining. Now I'm ready to start over again but not sure how to go about it. I would appreciate it if I can get some feedback on where to start, Thanks

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      I love my CPU Miners, but yes its very small profits right now. I'll all much more difficult at this time because of the world economy on shaky ground. What I suggest to all newcomers is that they do specific search on TH-cam for anything you'd like to know or research. There is an amazing amount of help comment on TH-cam (more than I can explain) and you can learn just about anything you need to know! Im also happy to help with specific questions, but TH-cam video is you #1 source 👍🏼

  • @NerdThingsAndMore
    @NerdThingsAndMore ปีที่แล้ว +1

    Good video thanks

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Glad you enjoyed it! Thx for letting me know! I appreciate it! 🤜🏽

  • @RebKat-kl9fn
    @RebKat-kl9fn 4 หลายเดือนก่อน

    asic closed on our side and they wouldn't open, what can we do

  • @blackmennewstyle
    @blackmennewstyle ปีที่แล้ว +1

    All the reasons given here are definitely why i am very on the fence when it comes to ASICs :)

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Yeah I'd def say its more the PRO-Game when it comes to mining. Also if you dont have a proper place to put them, the Heat & Noise can become overwhelming after awhile. But if you were ever on the fence about it, the Bear market is your best time to buy. 2 Videos from now (Not this very next one, but the one after that) is going to be about Mining Profitability Calculations (Hardware & Coins). I've got some good strategy-concepts i'd like to share

    • @blackmennewstyle
      @blackmennewstyle ปีที่แล้ว +1

      @@_HashForce Looking forward to these videos my brother :)
      Have a great weekend

  • @richardhogben3776
    @richardhogben3776 ปีที่แล้ว +1

    truth bombs dropped.💥

  • @jswimordie459
    @jswimordie459 ปีที่แล้ว +1

    Thanks man appreciate it!

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Any time. Thank YOU!

  • @WolverineCGR
    @WolverineCGR ปีที่แล้ว +1

    Thanks for the Video. I just cancel my negotiation to buy used ASICS.

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      GPU & CPU mining has been excellent this year & they are way more versatile! The next bull cycle has only just begun!

    • @WolverineCGR
      @WolverineCGR ปีที่แล้ว

      @@_HashForce was looking for asics for tests because I found good used antminer s9 for example at 100 usd in my country to buy...
      thinking to mine underground sha256 coins to hold and wait..
      POOR example?
      ASICS around 2000 USD
      If I invest 2000 usd in energy bill to mine underground sha256 coins with my 100 USD S9 and hold many many coins... IFFFF I got a PUMP I can sell then more than 5000 usd.
      Just poor example. to avoid GPU Investmenst of 2000~5000 usd rig to mine $15 per day.

  • @dieselscience
    @dieselscience ปีที่แล้ว +1

    Hey.... my electric rate is flat and included in my rent....
    What should I do now?

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Very nice. it depends on your living situation. what type of space you have available. if an apartment then more home-friendly miners like GPU & CPU miners might be a great option for you! ASIC would be too loud for an apartment, but maybe ok for a car garage if that is possible.

    • @dieselscience
      @dieselscience ปีที่แล้ว

      @@_HashForce I might make it work in the garage... especially as cold as winters are right below the Canadian border. No need for cooling systems at 30 below zero.

  • @MrBillybathgate5
    @MrBillybathgate5 ปีที่แล้ว +1

    pretty much need free power, solar power , or some sort of mine at your job or at your industrial warehouse where you don't pay for power ...

    • @_HashForce
      @_HashForce  ปีที่แล้ว +1

      Yeah thats about right! A couple years back I had a veteran miner tell me you need $.06-.07 electric rate to be competitive in ASIC mining. At the time I didnt really understand and thought he was over-stating the facts, but turns he was more correct than I ever.

  • @Ray-uc8ij
    @Ray-uc8ij ปีที่แล้ว +1

    ASIC game is tough. Stuck with only one coin to mine most of the time. I don't think its for the casual home miners. That's why I stick to gpus, Just throw em anywhere and switch between several coins to diversify your risk a bit.

    • @_HashForce
      @_HashForce  ปีที่แล้ว +1

      Yeah ASIC is def the PRO-Game of mining for sure! A home miner can get excited about it enough that in the beginning they'll have it in there home. But eventually the noise and heat wears you out! lol. GPU's are so awesome. I love my CPU miners too! Im planning to make some content about my CPU miners, they're great. I appreciate you commenting & being a part of the channel. Thx man!! 🤜

  • @NRoberts523
    @NRoberts523 ปีที่แล้ว +2

    This is why I can't bring myself to get into Asics, hoping the future of GPUs is brighter. Good video 👍

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thx man! It will be for sure! 🤜🏼

  • @stockrt
    @stockrt ปีที่แล้ว +1

    How does that competition from professional ASIC miners compare to competing with botnets doing CPU mining?

    • @_HashForce
      @_HashForce  ปีที่แล้ว +1

      i honestly haven’t experienced any challenges with my CPU miners. They’ve been the most steady & reliable miners. I would say the one draw back is they don’t produce a lot of income per day (i have 11 CPU miners total & ive received $5-$12 per day during this bear market). But the plus side is they are very energy efficient & they’re more profitable than most GPUs. Im not anti-ASIC. Im sure Ill have some again someday. I just think its good to be aware of all aspects of the game

    • @stockrt
      @stockrt ปีที่แล้ว +1

      @@_HashForce yes, CPU mining doesn't require too much maintenance. I've been CPU mining since day Monero forked to RandomX. Was GPU mining it before. Some of the original Ryzen miner here at home are still pushing hashes since November 2019.

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      @@stockrt Nice man! thats awesome!

  • @hmodg1673
    @hmodg1673 ปีที่แล้ว +1

    i do have k7 i hope im in wining game

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      me too man 💪🏼

  • @ghostnetworkNL
    @ghostnetworkNL ปีที่แล้ว +1

    Good quality video again :)

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Thx Brotha! Much Appreciation!

  • @gregorygarcia873
    @gregorygarcia873 ปีที่แล้ว +1

    I am new to mining crypto and want to buy one which one would you reamed for me it will be my first one want to make pass income for my family of four we are a one income family thank you very much bro

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Hi, that depends on a few factors like you electric cost, the type of space you have available for the miner, the temperature of your space & if you want a quite miner, or loud is ok. Most people start with GPU miner, or mini (quite) ASIC miner.

    • @gregorygarcia873
      @gregorygarcia873 ปีที่แล้ว

      Thanks very much bro I want a quite miner it will be in my house a asic or a gpu miner bro

  • @DariusFrost
    @DariusFrost ปีที่แล้ว

    Great Info love it, I keep seeing the $'s from asics but havent pulled the trigger, just sticking to the GPU game for now

    • @_HashForce
      @_HashForce  ปีที่แล้ว +1

      So glad I could help. ASIC mining is heavy duty. GPU & CPU mining is MUCH more home friendly

  • @BinDubai8
    @BinDubai8 ปีที่แล้ว +1

    Got bunch of k7 in one of my farms never regret it 🫶

    • @_HashForce
      @_HashForce  ปีที่แล้ว

      Ah very nice! With the right price & good electric rate, ASIC can be very profitable. Especially if you can get in at times like this Bear Market! 👍🏼