How I Made $4,009 Mining Crypto in May 2024

In this video I review my May 2024 crypto mining income. This includes income from crypto mining, running crypto nodes, and interest earned in decentralized finance (Defi). I also estimated monthly expenses such as hosting fees and electricity to calculate my net income for the month. I include a break-even or Return on Investment (ROI) analysis in the video. I found the current FMV of each of my cryptocurrency miners and compared that to the current monthly net income each miner generates to calculate how long it would take to payoff the cost of each miner. I have been sharing this information monthly for the past 25 months. To see any prior month end earnings review videos, see the 'Monthly Earnings Reviews' playlist on my channel. If you have any questions, feel free to ask in the comments below. Thanks for watching!
GetGrass review video: • This FREE App is Earni...
3X space weather mining video: • How I'm Triple Mining ...
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⛏️MINERS!
🛰️ Hyfix Space Weather Station ► bit.ly/hyfix
⚡💰Get 10% off! Promo code = SWAN
🐝 Hivemapper Bee Dashcam ► bit.ly/hivemapper
⚡💰Get 75 HONEY tokens Promo code = SWANCASTLE
🚗 DIMO Data Miner ► bit.ly/dimo_swan
⚡💰Get 10% off with promo code = SWAN10
⚡💰Get 50 DIMO after you connect to your vehicle = G3VRQJ
🚙 Soarchain Mini ► bit.ly/soarchain
⚡💰Get 10% off! Promo code = SWAN
⛏️ Fry Miners ► bit.ly/fryminer
⚡💰Get 35% off! Promo code = SWAN
🌪️ WeatherXM Station ► bit.ly/weather-xm
📡 Crankk ► bit.ly/crankk-swan
⚡💰Save $5 off your license by using this link
🛜 Deeper Connect Mini ► bit.ly/deeperconnect
⚡💰Get 5% off! Promo code = SWAN
📍 MapMetrics SPT ► bit.ly/mapmetrics
⚡💰Get 10% off! Promo code = SWAN
🥧 PiPhi Network ► piphi.network/?ref=swan
⚡💰Get 10% off! Promo code = Swancastle10
🍀 GetGrass app: bit.ly/get_grassapp
📱 Solana Chapter 2 Phone: solanamobile.com/refer/SwanCa...
👨‍🚀 Galaxis Engine ► bit.ly/GalaxisEngine
Referral Code = KA19H2
💰 Get 50 FREE Presearch (PRE) tokens ► bit.ly/swan-presearch
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🌏 USE MULTIPLE HARDWARE WALLETS!
🎯 Trezor ► bit.ly/Trezor--Model-T
💳 Tangem (Save 10% with this link) ► bit.ly/Tangem_Wallet
🔐 Ledger ► bit.ly/swan-ledger
0️⃣ NGRAVE ZERO ► bit.ly/ngrave-zero
🔑 ELLIPAL Titan ► bit.ly/ellipal-titan-2
🗝️ Keystone Pro ► bit.ly/3Pla4E3
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🙏SUPPORT THE CHANNEL WITH A DONATION!
☕️ Buy me a coffee ► www.buymeacoffee.com/swancastle
🍺 Buy me a beer with FLUX ► t1epjx6k9Gc3A4dK2Vrnb4PDfT6JT35jd6t
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🔑 MY KEY LINKS
🌳 LinkTree ► linktr.ee/swancastlecrypto
🌍 My Website ► swancastlecrypto.com
🎥 Amazon Store ► www.amazon.com/shop/swancastl...
📺 KZbin - ► / swancastlecrypto
🐦 Twitter ► / swancastlecryp1
📸 Instagram ► / swancastlecrypto
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📬 EMAIL FOR BUSINESS INQUIRIES:
[e-mail]
⏰ TIMESTAMPS ⏰
00:00 - Intro
01:32 - Income by project
14:25 - Miner Graveyard
15:00 - ROI analysis
#mining #nodes #defi
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Copyright © 2024 Swan Castle Crypto, LLC. All rights reserved.
📜 DISCLAIMER:
This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
📄 AFFILIATE DISCLOSURE:
Some of the links in this video's description are affiliate links, meaning, at no additional cost to you, the owner may earn a commission if you click through, make a purchase, and/or opt-in. Affiliate commissions are a great way to help fund and support the channel.

[@CrazymonkeyCrypto]

Just got to the end, congrats on the baby news! Very exciting!!

[@SwanCastleCrypto]

Thanks!

[@CrazymonkeyCrypto]

Appreciate the monthly updates as always!

[@SwanCastleCrypto]

Happy to do it!

[@peterkennedy4010]

This is the one video I look forward to every month. Another outstanding job! Congratulations.

[@SwanCastleCrypto]

Thanks again!

[@13DN]

Thanks for the overview and congrats!

[@SwanCastleCrypto]

You're welcome and thanks!

[@davidf680]

Great video & content, thank you for sharing.

[@SwanCastleCrypto]

Thanks David!

[@davidf680]

@@SwanCastleCryptooh and congratulations on your baby girl

[@ratedrawr1411]

Just subbed up... Im enjoying the monthly updates on your monthly mining yeilds... 👍 Did you lock up your Galaxis tokens??? Just curious, 77K GLX is a good amount you must of got in really early... I bought 2 b4 the 10,000 sold and got In at $777...

[@SwanCastleCrypto]

Welcome! I haven’t locked up my tokens yet, not sure if I will. Yea I got in pretty early

[@techkenX]

Love the update and comgras om the new baby

[@SwanCastleCrypto]

Thanks!

[@watchthis000]

Thanks for the great video and congratulations for the baby girl ,God bless 🙏🏽👍

[@SwanCastleCrypto]

Thanks so much

[@gypsy3779]

Congrats to you bro🥂 🎁

[@SwanCastleCrypto]

Thanks!

[@jeffrie26]

My hivemapper I ordered with your referral back in Dec 23' shipped today!

[@SwanCastleCrypto]

Nice!

[@jokerminer1]

Got 2 geodnet miners up and running. Loving them.

[@SwanCastleCrypto]

Nice!

[@riftgod6169]

Thank you Swan this really helps!

[@SwanCastleCrypto]

Glad it helped!

[@GuruRangerAlpha9er]

3 under 3. My friend, that is an accomplishment in and of itself.

[@SwanCastleCrypto]

haha I've been busy

[@danilokohn966]

THX again for your great content! Im waiting every month for this! 1 question. Your saga airdrops you got in your wallet or you must claim? I preorderd saga 2 too but got this month no airdrop. Thx

[@SwanCastleCrypto]

Most of them you have to claim. I use this website to claim them soldrops.xyz/

[@danilokohn966]

@@SwanCastleCrypto thx this i totally mist... Thx a lot!

[@Triple.7]

Love this video thank you

[@SwanCastleCrypto]

Glad you enjoyed it!

[@Not-IT-guy]

your channel is proove that crypto mining is NOT passiv at all but instead a LOT of work

[@SwanCastleCrypto]

Passive income is a farce

[@jonathanvega4898]

thank you very much for your videos. Question, how much do you think the price of presearch will be in this bullrun?

[@SwanCastleCrypto]

I don’t like to give price targets, as I don’t want to get people’s hopes up.

[@haaymaan]

Congratulations 🎉with the coming baby

[@SwanCastleCrypto]

Thanks!

[@InvestorBren]

how are you getting those solana phone airdrops? do you claim them? I also pre-ordered in february, but I don't have the ones you mentioned in that wallet

[@SwanCastleCrypto]

some airdrops will automaticallly be dropped to your wallet, others you have to claim. I check this website about once a week for new airdrops to claim: soldrops.xyz/

[@InvestorBren]

@@SwanCastleCrypto thanks man, appreciate it

[@amplifiergamingBTC]

There are cooling cases for the phones and you could remove the screens and the batteries and have them just plugged in constantly. I believe Retro Mike Tech did a video on a cooling case

[@SwanCastleCrypto]

I’ll check that out

[@garykostelec1327]

Congratulations!!!

[@SwanCastleCrypto]

🥳

[@michaelclements42]

Love your content, just an update on the fry miners, i have a bandwidth fry miner, it stopped earning 161.79 fry on the 6th May went to 80.89 fry after then. Now its down to 69.56 fry on the 1st June. with current prices and the cost of the BYOD licence @105 USD gives a ROI of 930 days, at this rate i don't think i will ever get my BYOD licence money back :.(

[@SwanCastleCrypto]

Decreases is rewards are always tough, hopefully the token price moves back up soon to offset the decrease in profitability.

[@dhmhtrhsgerodhmos2728]

nice video can we have a similar excel to work and organize our miners? thank you!

[@RedDestroyer4]

Once again another great overview video and congratulations on the baby news 🎉🎉🎉

[@SwanCastleCrypto]

Thank you 🤗

[@JB-pk1vc]

Swan, now that Weather XM is on mainnet, what are you doing with your tokens? Planning another video? I don't think we can stake our tokens and It looks like the exchanges available for trading are etoro, mexc, gate and bitmart. Some of these are restricted to US users, so I'm not sure which one to us. Your recommendation?

[@SwanCastleCrypto]

I’ll look into it and plan to make a video on it soon

[@CryptoVoyager1]

What's the long-term strategy for the dipin miners considering their decentralized physical infrastructure network involvement, and how does it tie into the current market trends? And something personal, since I love real estate, what's your opinion on projects like Asset Avenue?

[@SwanCastleCrypto]

my strategy is to sell the majority of the tokens I earn and buy bitcoin. The tokenomics of most all these depin projects are very poor, so they don't make good long-term holds.

[@peterkennedy4010]

What are your thoughts on Crankk multimining? Can you do a video on the 11 new coins to mine of Crankk.

[@SwanCastleCrypto]

I had heard about that, I’ll look into it and plan to make a video on it

[@peterkennedy4010]

@@SwanCastleCrypto kzbin.info/www/bejne/nZmwlaxshNaoa6s

[@coolrip007]

For phone mining Best to have a electric TIMER switch on it and set the times for OFF and ON to prevent battery bubbling. I wish i had known this when i was phone mining Scala back then. Becoz i lost a few Phones to battery bubbling by just leaving them plugged into the chargers.

[@SwanCastleCrypto]

👍🏻

[@coolrip007]

What u starting to rec air drops on the pre order of sol saga phone! Well i pre order it too a few months back and i didnt see any emails about air drops! can u link them here for me sir?

[@SwanCastleCrypto]

I use this website to claim them: soldrops.xyz/

[@minerjoel]

How long does it take them to ship a weatherxm miner?

[@SwanCastleCrypto]

New orders today ship in July per their website

[@chriszachariadis6267]

What's your opinion on solarx mining ⛏️ ?

[@SwanCastleCrypto]

don't know much about it, i'll take a look though

[@Mark_bowles1]

hi scc, have you tried salad ai mining

[@SwanCastleCrypto]

I have not, i'll look into it

[@blkinvestor]

Where do you sell FLUX ?

[@SwanCastleCrypto]

I don’t sell my flux

[@meisterkenobicrypto]

Great video as always, I am also making a video about my monthly earnings, I hope some day I can reach 4k like you did hahah.

[@SwanCastleCrypto]

Awesome, I’m glad others like yourself are sharing their earnings as well!

[@blkinvestor]

What's the phone farm?

[@SwanCastleCrypto]

Watch my video on it

[@bgv08]

Have you heard about Wayru

[@SwanCastleCrypto]

I haven't, i'll take a look

[@ranjetdo]

😂only map metrics is a joke. First removed liquidity after a year trying to say go live again, now move to different chain just made me laugh so bad

[@SwanCastleCrypto]

Yea it does seem like a lot of mishaps

[@ranjetdo]

@@SwanCastleCrypto i was at 50% roi earning before they removed liquidity after that i smashed the device and call them out where ever i see them. Just a bunch scammers trying to sell devices. Should have realized when they dont even care about early supporters “same rewards for everyone , 220 tokens a day“ thats a fk red flag from day 1.

[@TechBytesRN]

@SwanCastleCrypto Can you do a video on StepNFT ? I did some searching and also found something clled StepN, so not sure if that is the right project or not. Just looking for more info. Thanks

[@SwanCastleCrypto]

I’ll look into it

[@amplifiergamingBTC]

Skipped 17-22 11:50

[@SwanCastleCrypto]

Yea didn’t want to waste peoples time on the miners that aren’t making much

[@blackfiree91]

alt coins are scams. Cmon man

[@SwanCastleCrypto]

No

[@blackfiree91]

@@SwanCastleCrypto enjoy holding your lame coins. Bitcoin is money. Everything else is inside a control structure. Might as well be fiat . Lame channel bro