What are your thoughts on the current state of Aleo Mining? Now moving into ASICs.
@Jackson_Digital8 күн бұрын
On the GPU side, the hashrate tends to follow a sine wave'ish pattern & the ASIC seems to work similarly. Hope that alleviates any fears that it's a bunk unit!
@dirtyminer01017 күн бұрын
Hashrate is constantly changing. That is due to the nature of the algorithm. Basically you are solving a puzzle that gets changed. Aleo has some "features" that I am not personally a fan of. I mined it on gpus to front run the asics. Now that they are coming online, I will be moving off it and holding until price gets pumped by the asic manufacturers. People thought Aleo was a privacy coin, however, that didn't turn out to be completely true. If you were to send a transaction and leave the settings alone, then your tx will be public. Essentially, you have to pay aleo tx fee in order to send aleo from your public balance to your private balance. That is how you get privacy. Which doesn't really make it private because then you can just scan the block chain for the public tx..
@Javan_Herrera6 күн бұрын
Looking hopeful
@darrenjohnson90193 күн бұрын
About 30 days.
@annykhan3558 күн бұрын
No one is going to recover $3000 from this miner apart from those who are reselling it or those who promoting this miner on their KZbin channel. Last year people were comparing AL3 to L9 on their KZbin channel, than the Al3 hashrate goes up crazy fast and common people like us paying the price for it by getting trapped in these luxurious style promotions.... Watch carefully guyz!!
@airbornejr2009Күн бұрын
i wish more people understand these KZbin scammers who fool people and mess with their wallets..
@bestyoutube53188 күн бұрын
All you do is sell products . lol
@Jackson_Digital8 күн бұрын
Seems like a good life, to me lol
@vapochillled8 күн бұрын
What's the doubt? Infrastructure + power + hardware you will never get it back. Specially with these networks where they have pré mined for 2 or 3y
@Crypto_Junkyard_Miner8 күн бұрын
Everyone is waiting for the iceriver unit, the better one out the two
@TheHobbyistMiner8 күн бұрын
IceRiver AE0 looks like a great unit!
@Dan-ASICPlug8 күн бұрын
We are eagerly waiting for the Ice River unit as well, with accurate pricing. All the sellers out there are speculating but we'll get it listed soon. Likely right after Chinese New Year.
@Crypto_Junkyard_Miner8 күн бұрын
@@TheHobbyistMiner until bitmain show up and wreck the coin
@chriswarne83858 күн бұрын
Take the money to buy the miner and just buy Aleo. You will be profitable that way. The only ones that make the most money on mining anymore are the manufacturers. They get to test mine and then sell the miner for big dollars. It is easy for them. Back years ago I use to buy many miners direct from the manufacturer and get my ROI the first month or two. Not anymore. It's great people still home mine like me but you have to lower your expectations on mining rewards. Happy Mining.
@Dan-ASICPlug8 күн бұрын
Did you see his talk with Andy a few days ago? Forecasted hardware prices, specifically L9's are expecting to skyrocket. New and used, and i'm seeing the same thing on the back end in the industry. I consult with clients running everything form a few miners in the closet to tens of thousands of miners and PubCo's, and owning the hardware on in demand algorithms is great for their balance sheet.
@BunkerClock50398 күн бұрын
I think ALEO hashrate will skyrocket and profits will tank. I’m GPU mining it until the hashrate grows too high. Zk and f2 pools have been the top 2 for a long time. dxpool just popped up when these gold shells started shipping to KZbinrs. My daily yield hasn’t been affected yet. Great video.
@Billy-oo7qw3 күн бұрын
What is a good miner for a noob? Im looking just for one that would turn a profit just enough to offset the electrical cost?
@AllenOneDC2 күн бұрын
Helium hotspot - it mines HNT, once it’s set up, you can monitor it using helium geek.
@BigReachStudios8 күн бұрын
I believe the miner will live in fear of this Pittsburgh weather that changes at a moments notice
@AlexBrown-zp6fl3 күн бұрын
I am new to mining. Goings to get a volcminer d1 minifor doge coin and the iceriver aleo miner to jump start my mining career. Does anyone have an suggestions or is that a good start?
@RAPTORPROJECT-w3h8 күн бұрын
great video
@TheHobbyistMiner8 күн бұрын
Thanks!
@sudhirkumarsingh93616 күн бұрын
I am at positive site of Aleo
@SilverFoxCrypto8 күн бұрын
It’s interesting, probably gonna wait for the ice river one though
@cryptokrag79227 күн бұрын
Goldshell being Goldshell lol. Rinse and repeat.
@jasonpileggi61568 күн бұрын
I can’t add any more miners in my apartment it’s 80 degrees in here lol
@anishraster8 күн бұрын
i hope this miner possibly give long term income what could go wrong? i need to start accumulate as much more
@TheHobbyistMinerКүн бұрын
Good Morning, you Won! Your the 24 Hour Goldshell AE Box Aleo Hashrate Winner! Please email me at thehobbyistminer@gmail.com
@shsalesnew79408 күн бұрын
odds are it will not roi , thx for posting review vid
@erickfriedman74548 күн бұрын
Tempting as I am looking to expand, but I think I am going to hold steady and see what happens. At least that is my thoughts at 1:50 today :)
@ACMining18 күн бұрын
Just like normal. Profits will crash
@tlmjaqua5 күн бұрын
I am concerns with the price of the miner.
@jamess15208 күн бұрын
Sounds nice, wish miners were cheaper for the amount of risk
@kylebatten49598 күн бұрын
Is ALEO worth mining? I find doge most profitable arm outside of my solo BTC miners
@jameswood39523 күн бұрын
Aleo price has gone up a bit and the algorithm it's mining looks cool if my research is correct. I could be wrong but it looks like it's part of anti quantum security, so generating new pass codes.
@DrEV1L8 күн бұрын
Im am about to pull the trigger on an Iceriver but I am worried about Aleo sustainability
@j7spriggs8 күн бұрын
I think it’s going to be an Ethereum level coin definitely worth buying now
@TheHobbyistMiner8 күн бұрын
I hope so.
@realestate69428 күн бұрын
Don't risk that. Bitmain drops a big one and it's over Johnny
@TheHobbyistMiner8 күн бұрын
"Hold my Beer" - Bitmain
@ralphmoody70187 күн бұрын
It appears that they are setting up the program to set the standard for the best way to mine this coin.
@well-runsi23088 күн бұрын
for me, as a hobbyist, it is better to mine using the GPU and hoard the profit wait until the price doubled. In GPU, it is easier to sell it back to used market comparing to this asics based that too expensive to get and it will be difficult to resell in case the hashrate plummet.
@daveyio876 күн бұрын
From what i've learned over the last year getting into buying asics. Id be better off buying the coin and holding. I've purchased more kaspa vs mining with the Home kaspa miners. And with radiant and alph doing the same thing once big asics came out. IF the profitiability would be constant for a period of time to see at least 50% roi on the coin i would buy it. But in a month or 2 when these things are being delivered and coming online we will be seeing the profitability go way down to the point where you will never see a roi or a roi could be decades. Now if i had more capital to invest id be all over one of these asap. My ks0 ultras are mining kaspa, my ks0 pros mining bugna and sedra. rx0 and just holding on to coin to see a profit. Currently I'm more looking for ROI/Profit to keep investing. Currently the best home asic i have for profitability is the DG home 1. Just need that doge coin to pump so i can buy another big boy asic!
@RealMonsters7328 күн бұрын
I'm really interested in getting one of these miners but I'm concerned with the hashrate bouncing all around
@johnamsden65958 күн бұрын
I mined Aleo on gpu for a few months and sold as I mined, I like the project and the zero knowledge concept aleo is focused on. I was disappointed to see the asics come out tho. I no longer gou mine, just asic. We know only a matter of time before Bitmain releases their monster alwo miner and the first ones become bricks... such is the life of crypto miners tho right!? 🤣🤣
@mariobennici10818 күн бұрын
LOOKS GOOD TO ME
@ThePerfectNoob898 күн бұрын
I think that aleo will probably grow till the first half of march as all of the crypto and then it will drop for quite a while That’s just my opinion
@rayburns58048 күн бұрын
I don’t see how these AE miners are going to do as claimed, at least not for long. Does anyone think that they will make the price of ALEO explode? I just bought 500… 🤷♂️
@johnhulsey9047 күн бұрын
I'm hoping this is too late for Aleo. I gpu mined about 1500 aleo when it was worth something. I hate to be that risk taker. Not knowing if this project will continue to go south. I'd really like my time and investment to mean something. I'd certainly buy a few of these but right now with the state of mining and being so small, I just not sure it's worth the additional risk. Also, I feel like bitmain has got a mac daddy big boy miner out there that will crush this and the ice river version.
@undead5678 күн бұрын
i'm done with asics from goldshelll. Great at first. Paper weight later. Rather buy meme coins stake and not have to deal with electric, asics, failing hardware or noise.
@Zombiekilla258 күн бұрын
Good for heat at least.
@Ef809003 күн бұрын
In think aleo has potential
@Fermati_Pensa_Agisci8 күн бұрын
Just stick to kaspa and alph. We don't need new cryptos. We just have almost what we need
@johnkavouras23557 күн бұрын
Imo it's going to be the same thing like they did to kaspa, Alph and RXD. They are going to sell the units overpriced then these asics will make less than a $1 a day and you will never ROI. At the end of the day, if you believe in the coin, just put that asic investment straight into buying the coin.
@gregjohnston41708 күн бұрын
Worried that once consumers start taking delivery of their new boxes, the hash rate will skyrocket and profitability will fall off a cliff making ALEO the next ALPH
@TheHobbyistMiner8 күн бұрын
Oh man I hope ALPH recovers.
@JonathanLouispolansky8 күн бұрын
What’s aleo
@KarlosPelayo8 күн бұрын
I think IceRiver might be better, Goldshell seems a bit sketchy.
@mattbeesmer93188 күн бұрын
The aleo asics all seem like a hard pass for me
@Apathec3D8 күн бұрын
right now?
@TheHobbyistMiner8 күн бұрын
Right Now
@chrisn65852 күн бұрын
I have my mini bitaxe lotto miners for fun lottery won't waste my money on all this nonsense staking or just owning the coins and price appreciation is way better
@MrSkinny6027 күн бұрын
how long will it be at 500$ a month profit.......4.5sec. lol
@TheHobbyistMiner7 күн бұрын
Hopefully longer then we expect.
@christianmckinlay21028 күн бұрын
More miners equals Less profit
@micahblauvelt13658 күн бұрын
Think this market is going to get saturated and become unprofitable very quickly.
@Fermati_Pensa_Agisci8 күн бұрын
Never ever this shi.t again
@Nolan_Nataanii8 күн бұрын
But pay $20,000 for it.
@Justjoshinya888 күн бұрын
I think they’re going a great direction with this one! For the price point and ROI, well worth it. I’m actually now considering one for myself, thanks for the input!
@TheHobbyistMiner8 күн бұрын
No Problem! Goodluck!
@NK98_8 күн бұрын
Yeah no thanks... To anyone considering buying this asic, just don't, buy the coin instead
@cvcv64138 күн бұрын
100 bucks maybe
@Dejayh8 күн бұрын
I think Aleo is worth buying. It will pump due to ASICs. Not sure how profitable the miners would be. I’m hoping for the best though!!
@TheHobbyistMiner8 күн бұрын
I would agree
@shmilly228 күн бұрын
Aleo in my opinion is going to rise with the new Asic miners coming out. I have been GPU mining it for a few months now and I am hopeful it will do well in 2025.
@TheHobbyistMiner8 күн бұрын
I hope that Aleo moonbag of yours pumps! Goodluck!
@drewheym33698 күн бұрын
I do not know a lot about Aleo but I did take a gamble and bought two of these AE Boxes. I ham hoping to have them up and running with in the week. I did order the power supply with the miner but after seeing what they will be like I am ordering new ones.
@TheHobbyistMiner8 күн бұрын
Heck yeah! Goodluck! Eager to hear how it will all workout.
@BloodCrowe8 күн бұрын
Im hoping that with Aleo if it does stay around it may could be like kaspa, but just like kaspa once everyone sees the price for daily profit and the newer better miners comes out, these things will be obsolete very fast
@TheHobbyistMiner8 күн бұрын
I think getting in early, early batch may payoff. However I agree as big boy miners come online, could be problematic.
@tonyhamilton17818 күн бұрын
I'm looking forward to giving it a try to see how it works
@TheHobbyistMiner8 күн бұрын
Goodluck!
@Dan-ASICPlug8 күн бұрын
Happy to help :)
@nathancovington92068 күн бұрын
My honest opinion, I think that if the barrier to entry is low enough, more and more people will get into it, which I can imagine will suppress the price. I would get a gold shell just to be part of the journey 😅
@mustachemining62752 күн бұрын
More Gold Shell Crap!
@Richardagainstlabour8 күн бұрын
I hope this is true.
@TheHobbyistMinerКүн бұрын
congratulations to @anishraster for winning the 24hr Miner Hashrate Giveaway. Please e-mail me at TheHobbyistMiner@gmail.com