The difference a few months make! As of today, 20 December 24, it's profitable again! Lucky you if you bought this at 462 bucks! Now they're up to over 1K
Love the graphics on it! Really need to acquire a Scrypt miner. One I have been wanting to do but haven't pulled the trigger yet. Too many new ASICs being released in such a short time.
problem is after 3 years you paid 900$ on electricity + you paid 500$ on the asic then you would not roi it (rate 0.25$/kwh) so if electricity is not cheaper, you better buy the coin (in my opinion) unless you can use the heat in the winter i gues
The hope is to hit the block early, after just a few months. Then you can turn it off and sell the miner if you want. Or keep solo mining hoping to hit a second block. Or pool mine for small steady income.
@@SebsFinTechChannel well now thinking about it, is same like using nano avalon 3 solo mining bch, 140watt 1/17y chance, (150$) so this option maybe better idk :p
Question. i haven't mined in ages, since back in the 580 days. So, that being said I wanted to get into mining for Doge or other profitable tokens. 1 caveat is that I am on Free wifi, no wired Ethernet. So it has to work that way. Not sure if a USB wifi adapter would work on these miners. I have free power as well so.. that is a plus. Any miners you would recommend?
Ah, I believe the SEB code only works for units priced roughly $1,000 or more, as miners below that price are so cheap already that they would lose money by giving an additional $130 off. Sorry about the confusion there.
@brutustheoldeenglishbulldo8672 seems the power of one of these asic chips could do many many transactions in one day , seems the miners are getting screwed somehow because look at the cost of a transaction. Even at a penny the miner with an asic chip should be able to do thousands of transactions in a day. Even with a small miner like a nano 3 ,you should be making decent money and you are not. Someone somewhere is cashing in on others mining and toil big time. Some kind of scheme here money from these transactions is going some where and it aint the miners.
Why dont you buy a solar system and pnly use the solar to mine with? They got camping setups and backup home systems on amazon...youre going to spend a few grand in graphics cards why not invest a few grand in a good solar system to mine off grid... its essentially going to pay for itself and any expansions you decide to make on it... im setting aside 7,000 for solar to start... 5000 for the inverter and batteries and 2000 for the panels.
How do i know these pools are actually going to tell me when ive hit a block? And they arent actually taking my hashrate to mine anything. Its not like block number whatever can be traced back to a specific miner.
The difference a few months make! As of today, 20 December 24, it's profitable again! Lucky you if you bought this at 462 bucks! Now they're up to over 1K
No 350 drom the link
Short and sweet, yet so informative. I’ve been following your lead with my own content recently.
A big entity or whole region can accidently go offline and you hit block's
Good idea, I'll be interested to see how it goes, keep us updated please. I have one of those mini 3 asics as well
Love the graphics on it! Really need to acquire a Scrypt miner. One I have been wanting to do but haven't pulled the trigger yet. Too many new ASICs being released in such a short time.
problem is after 3 years you paid 900$ on electricity + you paid 500$ on the asic then you would not roi it (rate 0.25$/kwh) so if electricity is not cheaper, you better buy the coin (in my opinion) unless you can use the heat in the winter i gues
The hope is to hit the block early, after just a few months. Then you can turn it off and sell the miner if you want. Or keep solo mining hoping to hit a second block. Or pool mine for small steady income.
@@SebsFinTechChannel well now thinking about it, is same like using nano avalon 3 solo mining bch, 140watt 1/17y chance, (150$) so this option maybe better idk :p
You can buy a small solar panels just for that.
What about getting a little solar panel just for that?
Good video. Is there a solo pool that mines both lite coin and doge coin at the same time?
Have you hit it yet buddy? Been 3 months
Great video
Do you have a video on setting one of these up to mine all three of the current coins? By that i mean doge, LT, and Bell.
I sure do! Here's the link: th-cam.com/video/Tq5tdG7TYmo/w-d-xo.html
Bro make sure the pool is merge with litecoin and bell for maximum profit
im still confused what is the best option for a beginner to solo mine just to mine in hope of getting a block.
Question. i haven't mined in ages, since back in the 580 days. So, that being said I wanted to get into mining for Doge or other profitable tokens. 1 caveat is that I am on Free wifi, no wired Ethernet. So it has to work that way. Not sure if a USB wifi adapter would work on these miners. I have free power as well so.. that is a plus. Any miners you would recommend?
Will you solo mine litecoin or doge?
If you dont want it... I'll take it ^^
I would like to learn how to setup my own nodes so that I can avoid pool fees.
This is something that’s definitely on my list for a future video 👍
u play too much rust bro
Hey your discount code SEB didn't work, do I have to buy more than one unit?
Ah, I believe the SEB code only works for units priced roughly $1,000 or more, as miners below that price are so cheap already that they would lose money by giving an additional $130 off. Sorry about the confusion there.
Does solo mining pay transaction fees?
Usually the pool charges a fee. I’ve seen usually 2%
@brutustheoldeenglishbulldo8672 seems the power of one of these asic chips could do many many transactions in one day , seems the miners are getting screwed somehow because look at the cost of a transaction. Even at a penny the miner with an asic chip should be able to do thousands of transactions in a day. Even with a small miner like a nano 3 ,you should be making decent money and you are not. Someone somewhere is cashing in on others mining and toil big time. Some kind of scheme here money from these transactions is going some where and it aint the miners.
Thanks for the video seb.
Im sorry for this comment but Nothing is profitable a long time ago...only if your electricity is free.😅
Seems like most miners are worthless unless you spend big money , even then profitability is not great
is there any profitable Doge miners?
Did you hit?
Solo mining is more towards luck than hashrate/ wifi speed / location right ?
So we technically do have a chance of hitting a block right ?
Yes it is primarily luck based, but more hashrate and faster connection to the pool improve your odds.
@@SebsFinTechChannel thanks , hope you hit a block soon. All the best
Bet you are kicking yourself now LOL just playing my 3 goldshell 3 miners are profitable right now because of the current price.
Why dont you buy a solar system and pnly use the solar to mine with? They got camping setups and backup home systems on amazon...youre going to spend a few grand in graphics cards why not invest a few grand in a good solar system to mine off grid... its essentially going to pay for itself and any expansions you decide to make on it... im setting aside 7,000 for solar to start... 5000 for the inverter and batteries and 2000 for the panels.
How do i know these pools are actually going to tell me when ive hit a block? And they arent actually taking my hashrate to mine anything. Its not like block number whatever can be traced back to a specific miner.
My exact thoughts can't trust shit nowadays especially online lol
@atshapi13 where do I read good info for mining dogecoin. I am thinking about buying some hardware and start some mining.
Interesting
Are flash BTC generators scams, or are there real ones out there?
wow, wtf. How to mine Dogecoin when this is just a meme coin ?
No complain, im a doge holder, just for Elon, but miner for DOGE ?
COME OOONN!!
Over 6 million dollars of DOGE is mined every single day. Absolutely makes sense that there is purpose built hardware for it.
Is it possible to mine with a Cell phone??🤔
Yes. There's videos on TH-cam on how to do it.
You don't mine at least 1 block within 3 years.
On average 1 block within 3 years. That's a big difference.
You're welcome.
🍜🍜🍜🍜🍜
Stop promote gurbage