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How much BITCOIN the S21 Really Makes!? Bitmain S21 Profits & Review

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The Hobbyist Miner

The Hobbyist Miner

Күн бұрын

In today's video we take a look at Does the S21 Make As Much as Promised? Is the Bitmain Antminer S21 REALLY the BEST BITCOIN Miner of 2024? We did a test of 30 Days on Nicehash with the Bitmain Antminer S21 from CryptoMinerBros.com to determine what was the Revenue, Operating Cost and True Profitability of this Bitcoin ASIC Miner. This Next Generation of Bitcoin Miner pushes roughly 200 TH/s Crypto Mining Bitcoin. Well let's dive into How much BITCOIN the S21 Really Makes!?
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📺NEW Bitmain Antminer S21 200THs Unboxing, Setup, Review ➡ • Best Bitcoin Miner in ...
🛒𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐆𝐏𝐔 𝐌𝐢𝐧𝐢𝐧𝐠 𝐑𝐢𝐠 𝐨𝐫 𝐀𝐒𝐈𝐂 𝐇𝐨𝐬𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬. 𝐍𝐞𝐞𝐝 𝐚 𝐇𝐨𝐬𝐭𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐓𝐫𝐮𝐬𝐭? 𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭 𝐓𝐞𝐫𝐫𝐚 𝐇𝐨𝐬𝐭𝐢𝐧𝐠, 𝐈 𝐔𝐬𝐞 𝐓𝐡𝐞𝐦 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐥𝐲!
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#bitcoin #crypto #cryptomining
00:00 How MUCH the BEST Bitcoin Miner Actually Makes?!
00:20 What is the Best Bitcoin Miner in 2024?
00:40 I Built a Home Bitcoin Mining Shed!
01:30 Quick Tour of My Crypto Mining Shed
02:00 The Bitmain Antminer S21 Bitcoin Miner is Insane!
03:20 Getting Into Crypto Mining and Need Some Help or Guidance?
04:50 What Bitcoin Mining Pool is the Most Profit or Best?
06:00 Where to Buy the Bitmain Antminer S21?
07:00 Most Home Miners Can't Run an S21 at Home!
08:30 How Much Per Day Does the S21 Really Make?
10:18 Does the S21 actually get 200THs?
11:25 How much I Made in 1 Month with the S21?
12:30 How much the S21 Cost me in Electric in a Month
13:50 What is my Real Profitability from the Bitmain Antminer S21 Bitcoin Miner?
14:45 How will the S21 perform after the Bitcoin Halving?
16:00 I Highly Recommend Purchasing the Bitmain S21
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an "Expert", I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.

Пікірлер: 207
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Did you Expect the S21 to be making MORE or LESS than my 30 Day Results?
@glorygarden1375
@glorygarden1375 2 ай бұрын
How much did you make in 30 days
@glorygarden1375
@glorygarden1375 2 ай бұрын
How can I get that.. please can you teach me how to get it and how to mine it.. I am in Easter Nigeria.. I am having financial difficulty..
@youxgtv
@youxgtv Ай бұрын
Please I will be happy if u will help me to start my own. I need 70usd to buy a good laptop to start please I don't have any money on me now Ill be good if u will help🥹🥹🥹🥹
@scottmckenzie-hb1xj
@scottmckenzie-hb1xj Ай бұрын
lol what a joke real green , what a waste
@olveramelinda
@olveramelinda Ай бұрын
@@glorygarden1375 we’re broke here in the 🇺🇸 also no different buddy.
@DanceGeekRob
@DanceGeekRob 2 ай бұрын
I’m sure the chickens really love and relax with that 100 db screaming 24 hours per day.
@FromTheMosh
@FromTheMosh 2 ай бұрын
Would be absolute torture for them, poor things. Also stuff eating the eggs or meat of a stressed animal.
@JayS.-mm3qr
@JayS.-mm3qr 3 ай бұрын
3500 watts!!?? I'm screaming that like it's 1.21 jigawatts! My god. If this thing makes $16 a day and it's a super beast, regular home miners must be making virtually nothing.
@VioFax
@VioFax 2 ай бұрын
Have to get an electricity plan that gives you free hours... And only mine at that time.
@PauloCayelo
@PauloCayelo Ай бұрын
😂😂😂
@Drunkenduck109
@Drunkenduck109 Ай бұрын
You see where cops bust houses mining stealing electricity , they thought it was a grow house. I have 2 l3+ on solar . Only run when free . Doesn't make much mining is finished from the good days of eth
@stewartmathers465
@stewartmathers465 3 ай бұрын
In the UK due to our crazy electricity prices to run 3.5kw for 24 hours would cost £20GBP (around $25USD) so if i owned one of these and mining an average of $16 a day then i would be in the red by $9/day
@TamahaganeXenpai
@TamahaganeXenpai Ай бұрын
Spain is almost the same.. running this for 24 hours costs 11,03$ making profit 5$ a day.. not even worth looking at
@cseticketscsetickets2231
@cseticketscsetickets2231 Ай бұрын
His power cost is SOOOO CHEAP! 5 cents per kw/hr.
@cryptocashn2313
@cryptocashn2313 Ай бұрын
yea sus imo
@pjbth
@pjbth 24 күн бұрын
So what happens when you put your real cost of electricity and factor in its share of the cost of that barn setup
@JustinGulley-by3co
@JustinGulley-by3co 5 күн бұрын
14cents here. $4295.34 a year. To make 500 bucks
@xMysticDanx1
@xMysticDanx1 4 ай бұрын
New to the channel buy hey man I love how clean the cable management is !!
@TheHobbyistMiner
@TheHobbyistMiner 4 ай бұрын
Thanks and welcome
@PortCity08
@PortCity08 3 ай бұрын
What are the fees for having Terra Hash host miner and can you start with just one miner?
@abdulhafeez938
@abdulhafeez938 16 күн бұрын
you explained very well. I really like it.
@milwatch1262
@milwatch1262 3 ай бұрын
Can you give a complete breakdown of all costs involved for the unit shown. For setting up (out housing), electricity used, cables etc etc. And anything else you can advise. Looking at mining as a complete novice in Europe.
@myjakuhintai8206
@myjakuhintai8206 2 ай бұрын
dont forget to do a compair with just buying btc to sell a year later. europe isnt mining friendly. unless you got free power
@joserodriguez-us5gi
@joserodriguez-us5gi 3 ай бұрын
wondering if you are a PA resident. I'm in Centre County PA. I ask because If I move forward with the idea of mining, I may need your help. Thanks for the video.
@GreaterGoodMining
@GreaterGoodMining 5 ай бұрын
I wasn't expecting it to be making that much! Great video Hobbyist!
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Me neither
@gargoylekingGWO
@gargoylekingGWO 4 ай бұрын
Great video
@raportmercado1165
@raportmercado1165 3 ай бұрын
what is the brand/model of those black boxes with displays? btw, the hash per day rate that the new s21 make (0.00033xxx btc) is the same that my old bitfury B8 (50th/s) made per day in 2020.
@irishman9877
@irishman9877 3 ай бұрын
Are thess safe to leave running in your house when not there incsse of a fire?
@STX-BTC
@STX-BTC 5 ай бұрын
how is that ROI right??? April?
@adeoyedamilare77
@adeoyedamilare77 Ай бұрын
Hello please is the profit just for 1 miner ?,is it possible to have more than 1 miner ?
@brianwetzel-mk6kj
@brianwetzel-mk6kj 3 ай бұрын
sick setup!
@Jay121
@Jay121 5 ай бұрын
What's your miner infrastructure total cost?
@airamfitness2598
@airamfitness2598 2 ай бұрын
Hi dear, great work, could you share or make another video of the profits now one month after the halving?
@TheHobbyistMiner
@TheHobbyistMiner 2 ай бұрын
Yep coming out in a few weeks
@fxtrader-wj7dh
@fxtrader-wj7dh 3 ай бұрын
What is your delivered cost of electricity? If 5 cents is delivered, why such a cheap electric rate?
@oscarhidalgo5335
@oscarhidalgo5335 3 ай бұрын
Hey! What are your thoughts on the halving this April 19th? Are we the beginner miners should stop setting up and buying news ASIC knowing that revenue will be split by 50% or maybe you see an opportunity here for start a new home mining?
@Ensie-Keyesminer
@Ensie-Keyesminer 2 ай бұрын
After halving, the difficulty of mining increases, on the other side, the price of BTC will raise
@EastonSi8thgen
@EastonSi8thgen Ай бұрын
What is hosting? You said do that if we don’t have the available power
@ronwatkins5775
@ronwatkins5775 5 ай бұрын
I think there is a math error at 15:25 in the video. You initially said your profit "after power" was 12.66 (13:55). You cannot cut the 12.66 in half because it includes electric. Your electric doesn't cut in half at the halving. So you need to take the earnings before electric, cut that in half then subtract electric.
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Maybe I came off incorrectly, that is my fault. You are correct. With the halving the intial Revenue is cut in half. Than you remove your same electric cost. So to be clear $16.90 Now in Revenue would be $8.45 than remove your electric per day $4.24 = $4.21 Profit after the Halving if Bitcoin stayed at $48,000.
@user-vq8ub7nq4y
@user-vq8ub7nq4y 26 күн бұрын
It is a bit like back in the clondyke days - the only people that were making the monies were the retailers of pick axes, shovels, saws and on and on!
@jessehetrick9143
@jessehetrick9143 26 күн бұрын
I miss sheetz! Their MTO and coffee was great growing up on Pennsylvania! I live in Arizona now and stop at sheetz anytime I’m back in Pa. I’m looking at starting to get into mining but I’m brand new to all of it and really don’t know where to start at all.
@andreroodt4647
@andreroodt4647 Ай бұрын
85kw/h would cost me $25 per day. Guess I'm sticking to my day job 🙂
@brianwetzel-mk6kj
@brianwetzel-mk6kj 3 ай бұрын
what's up with the Loki mod for the s19s?
@3rdFloorblog
@3rdFloorblog Ай бұрын
Going over expenses, what about the internet cost? Gotta account for everything.
@itspoffy
@itspoffy 3 ай бұрын
After the upcoming halving every miners income will be cut in half correct? It seems like at some point it won't be worth it?
@bitcoinbull6564
@bitcoinbull6564 3 ай бұрын
Correct thats why Bitmain will be creating new more powerful miners to sell to everyone for the next 4 years and again in another 4 years and so on.
@BeyondtheVeil888
@BeyondtheVeil888 4 ай бұрын
Is it a free 1-1 consultation?
@TheArmyCompany
@TheArmyCompany 11 күн бұрын
wth the dominican republic im living here now and im looking to put my gaming/studio recording/ video filming pc to work
@Okvals_91
@Okvals_91 2 күн бұрын
is Nicehash still the best option as pool ?
@JayS.-mm3qr
@JayS.-mm3qr 3 ай бұрын
In Niagara Falls Ontario, a place that has 2 large hydroelectric plants, electricity during the day is between 10 - 28 cents per kwh. Why is Canada so expensive!?
@newmonengineering
@newmonengineering Ай бұрын
What I found out is he pays way less for power than I do. I pay .12 /kwh. My roi would be over 2 years and thats if it works the entire 2 years.
@msl758
@msl758 4 ай бұрын
wow, i'm shocked how little your hugely elaborate setup makes compared to staking other altcoins. Consider the cost of the shed / electrician and maintenence too and not just the raw electricity. Here I was thinking I could make $5 a day sticking a cheaper unit into my wall outlet. Nope.
@edengardeningtowers4923
@edengardeningtowers4923 3 ай бұрын
I'm wondering if you can use a quantum computer to increase hash rate?
@relevantinformation6655
@relevantinformation6655 2 ай бұрын
Well, plunk down a billion dollars and then code it correctly. You could “possibly” pay it off in a couple generations…
@invisibleazn9330
@invisibleazn9330 4 ай бұрын
seeing as the btc price is hovering around 65-71k lately, you must be making good gains. But after the halving I suspect btc will need to be in the 90-100k range to retain the the $16 ish per day revenue. Would that be a correct assumption?
@TheHobbyistMiner
@TheHobbyistMiner 4 ай бұрын
I am doing well right now. Halving you never know. As the price rises so does the daily profitability of the miner. If Price goes up and Hashrate falls off because of older machines turning off because of the halving. Thats more profits again.
@DrChoudhari
@DrChoudhari 4 ай бұрын
After halving will the profit become half of what it is now? Why did you bought before halving, because after halving prices should be at 50% discount on miner right because profit is half of which was before halving?
@UnistarAda
@UnistarAda 2 ай бұрын
Have you own S21 now?
@DrChoudhari
@DrChoudhari 2 ай бұрын
@@UnistarAda I bought S19 pro+ hydro 184TH
@DanceGeekRob
@DanceGeekRob 2 ай бұрын
Doesn’t the cost of the electricity have count against “what you make” every month?
@TheLawrence1999
@TheLawrence1999 3 ай бұрын
Im currently getting into ETH mining and I bought myself a VTRETU mining rig, and 4 RX 580s, Im currently running hiveos on it and mining etherium, but it seems to not be profitable or least Im not seeing a real return atm. Is there something that would be better, Im currently running 65 mh. But I have the ability to add 4 more gpus at a later date.
@TheHobbyistMiner
@TheHobbyistMiner 3 ай бұрын
Ethereum is not Minable anymore. Ethereum moved to Proof of Stake sometime ago. Not sure what your mining but its not Ethereum. Stop in the discord, sounds like we should chat more.
@satoshisan17
@satoshisan17 5 ай бұрын
Have you ever tryed Ocean pool?
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
I am not familiar. Are you using Ocean Pool?
@GargoyleDanny
@GargoyleDanny 3 ай бұрын
5 cents a kw is crazy im paying like 17-18 cents a kw dont even think it would be worth me jumping in the game
@user-df1zv4uw7q
@user-df1zv4uw7q 4 ай бұрын
13.:53 >> $12 and change a day profit. But after the halving in 2 months that profit can be cut in half if bitcoin price doesn't change
@linoberlajt658
@linoberlajt658 4 ай бұрын
what does halving mean? thanks
@archeleypierre3863
@archeleypierre3863 5 ай бұрын
What hosting company would you recommend?
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Great question. Stop in my discord, I have a channel dedicated to "where to host"
@kamjah4046
@kamjah4046 Ай бұрын
My electric cost in San Diego is around .55 $ so I guess it would not make sense to mine in my area
@MotoMayhem
@MotoMayhem 4 ай бұрын
Think you can help set me up in Canada? I have some questions!
@TheHobbyistMiner
@TheHobbyistMiner 4 ай бұрын
Yeah! Book sometime woth me over on my site, hobbyistminer.io
@softlineify
@softlineify 7 күн бұрын
Who is your electricity supplier?
@thepalm2791
@thepalm2791 29 күн бұрын
Can I mine other coins too, with this Miner ex kaspa, sedra, bugna etc.?
@TheHobbyistMiner
@TheHobbyistMiner 29 күн бұрын
Nope. Only Sha256 algo coins
@user-vb6xz2nb2p
@user-vb6xz2nb2p 2 ай бұрын
What would be a good miner for my basement that’s not to loud
@MasterHernan
@MasterHernan 5 ай бұрын
5 cents per kWh is amazing! Are you taking taxes and fees into account? My electric bill says 8 to 9 cents per kWh but then when I take the taxes and fees, it raises it to 12 cents.
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
5 Cents is all in. If your curious on how i the world I have these rates as a home owner, this video will help kzbin.info/www/bejne/jHyrgIWcit51jac
@MasterHernan
@MasterHernan 5 ай бұрын
@@TheHobbyistMiner I watched the full video and unfortunately in my part of Florida there is only 1 electric provider. I'm going to try giving them a call to see what I can do because the fuel charge is 3x lower than the non-fuel charge.
@ryandavis775
@ryandavis775 4 ай бұрын
Here in michigan, we pay between .16c and .20c per kwh.
@agritech802
@agritech802 22 күн бұрын
How can you get electricity that cheap?
@loa5000ify
@loa5000ify 4 ай бұрын
Where are you guys getting 5 cents a kwh? In ny we pay 24 lol
@resilient4637
@resilient4637 2 ай бұрын
Average 13 cents in Arkansas per hour thinking about solar panels
@OSWALD569
@OSWALD569 2 ай бұрын
Why do you not use solar and wind energy to cut electricity demand?
@user-vl6hp7nl4n
@user-vl6hp7nl4n Ай бұрын
Usually they price their ASICs to just get your money back and maybe a bit extra.
@alllivesmatter627
@alllivesmatter627 13 күн бұрын
OK, my question is how often do you have to replace this unit with the fact that every year new units are coming out that are even faster. My guess is every 3 to 5 years. So I wonder just how profitable it is and how many you would have to have to make a profit. You’ve got a factor in all your other cost like the building everything that went into the building wiring it Getting electrical run to it and other cost. So to me it sounds like your first 3 to 5 or 6 to 8 years you will be using the money you make to break even with all the other cost you’ve had to incur. So by the time you broke even on your first initial cost now you’re having to buy new units and update them. Plus along the way you gonna have maintenance cost for upkeep and other things that will come up with power supplies going bad your units going bad from time to time so I can’t help but wonder just how profitable They can actually be
@madaxe79
@madaxe79 10 күн бұрын
Damn.. I wanna move to wherever you are just for the cheap power… it’s $0.22/kWh here
@ryanshea6141
@ryanshea6141 3 ай бұрын
I'm kind of sketched out buying one of these miners from china with crypto or a very specific wire transfer. Its sketchy you cant use a credit card in case you need to charge back/you got scammed. You just send $4k in btc and hope it comes one day lol
@CircaXZion
@CircaXZion 2 ай бұрын
Sheetz goes all the way down in VA and NC and then QT takes over somewhere around Charlotte. Love Sheetz 🔥 best gas station ⛽️
@TheHobbyistMiner
@TheHobbyistMiner 2 ай бұрын
I grew up on Wawa, moved after college, now have become a huge fan of Sheetz. However Wawa is now opening up a few locations in my area!
@bitpal2399
@bitpal2399 4 ай бұрын
Hosting?
@martiniliev35
@martiniliev35 2 ай бұрын
How long are the miners expected to last? With my calculations, it would take me 2-2.5 years to repay them and then it's pure profit
@TheHobbyistMiner
@TheHobbyistMiner 2 ай бұрын
Its varies, could be 1 month till a part goes bad or could last 10 years.
@UnistarAda
@UnistarAda 2 ай бұрын
No, payback period is about 200-300 days before halving, now payback period is about 500-600 days
@Major_Pipps
@Major_Pipps 13 күн бұрын
I'd like to have a few D-Wave computers rigged out with those Nvidia super chips to mine for cryptos...
@larrymiltonjr9092
@larrymiltonjr9092 3 ай бұрын
Is this even worth it with the electric it uses?
@timproc9355
@timproc9355 2 ай бұрын
He wouldn’t be doing it if it wasn’t…
@omotosojuwon1343
@omotosojuwon1343 4 ай бұрын
How can I setup my own bitcoin mining I have free electricity and $4000 to start the mining
@Fitbrit88
@Fitbrit88 4 ай бұрын
If you have free power and 4,000 and you still can’t figure out what to do, then maybe mining isn’t for you!
@UnistarAda
@UnistarAda 2 ай бұрын
You can buy M30s if electricity is free.
@deadpoolgaming3059
@deadpoolgaming3059 5 ай бұрын
I want to learn how to mine because I’m broke but I don’t think I can because I’m broke anyone got any advice
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Crypto it not a get rich quick scheme. It requires some capital to get started forsure.
@mariosalazar5728
@mariosalazar5728 3 ай бұрын
That's before the halving. I can make a lot more playing HoneyLand. No electricity bill
@skykid3
@skykid3 2 ай бұрын
Best place to buy an S21 miner in UK?
@TheHobbyistMiner
@TheHobbyistMiner 2 ай бұрын
Checkout the Bitmain Antminer S21 from Crypto Miner Bros, They Ship Right to your Door. geni.us/CryptoMinerBros Use code HOBBYISTMINER for $50 Off
@JeanineAnez-wh2zo
@JeanineAnez-wh2zo 3 ай бұрын
I thought that Bitcoin miner S21 pro can mine up to 1000 Bitcoin per day
@motojo303
@motojo303 Ай бұрын
If that shed was next to me it would be burned to the ground. That noise is ridiculous.
@turbograyson9207
@turbograyson9207 Ай бұрын
Hello, you used five cents per kilowatt hour as a cost for electricity. You did not calculate in the delivery cost of the electricity. Typically in our area that total delivered cost including delivery is $.10-$.12 per kilowatt hour.
@TheHobbyistMiner
@TheHobbyistMiner Ай бұрын
I am 5 cents all in with the plan I am on.
@turbograyson9207
@turbograyson9207 Ай бұрын
@@TheHobbyistMiner - I would still recommend you double c vs heck that. I analyze electric bills regularly and I can tell you without doing the total analysis on that bill that is very very, very hard to believe.
@turbograyson9207
@turbograyson9207 Ай бұрын
Sorry my dictation is not working so well. I said I would still recommend you double check that total cost analysis. I analyze electric bills regularly. I can tell you I do not see Electric rates that low including delivery.
@TheHobbyistMiner
@TheHobbyistMiner Ай бұрын
This explains kzbin.info/www/bejne/jHyrgIWcit51jacsi=YUtYcBl9o8uU1qVx
@stevemoore2595
@stevemoore2595 4 күн бұрын
Hi if you live in Australia it’s $0.33. Per KW so if the S21 bitcoin miner uses 84KW per day which is around $27 and the miner makes $16 per day you would be out of pocket minus $11 per day so the electric company will be making all the profit from your electric bill not worth it in Australia
@maryannplunkett5420
@maryannplunkett5420 5 ай бұрын
How does he have .05 kw/h?? Using Latin American hydro power from a dam is .047... And seems kinda odd that he has miners at Terra hosting when the fee is .095 kw/h.
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
I am mixed out on electric. So have many asics getting hosted.
@riismotta
@riismotta 3 ай бұрын
Single Phase or Three phase? Do'nt want to worry about having to underclock.
@TheHobbyistMiner
@TheHobbyistMiner 3 ай бұрын
Can run on Single Phase. T21 requires Three Phase
@riismotta
@riismotta 3 ай бұрын
@@TheHobbyistMiner Thank you for the fast response. Looking into booking a consultation in the future.
@TheHobbyistMiner
@TheHobbyistMiner 3 ай бұрын
@@riismotta I look forward to chatting!
@Prof.Polymath
@Prof.Polymath 3 ай бұрын
I like how your most ‘electric hungry’ ASICS are at your ‘electricians’ house 😂 I take it he knows how to skip the mains board and get you that power for free then 👍🏼🤫
@TheHobbyistMiner
@TheHobbyistMiner 3 ай бұрын
Nope. No way to pull that off here in the states to my knowledge
@Prof.Polymath
@Prof.Polymath 3 ай бұрын
@@TheHobbyistMiner only joking of course my friend 👍🏼 no offence intended. It is quite an easy thing to do in the UK, although deemed illegal, so just found it funny they were at your electricians house. It’s a really nice setup, very professionally done, and clearly the reason it is where it is. He’s done a great job. 👌🏼 Thanks for all of your helpful content. 👍🏼
@MDLEC
@MDLEC Ай бұрын
On France Electricity is about 0,22$/kwh…… no profit!
@TheGmaster79
@TheGmaster79 16 күн бұрын
wouldnt you be making $4 after halving? not $6, 16.9 /2 , then - 4.5 for electric
@bugoutfozzy
@bugoutfozzy Ай бұрын
Your energy is half of the price of the average cost for electric in any part of the country.
@waburger8591
@waburger8591 4 ай бұрын
Use terms like Gross and Net profit …
@naomiarmitage8729
@naomiarmitage8729 20 күн бұрын
if you put real electricity cost and the current price ,the stock machine does @200th is 1.91 euros... kinda far from 12 euros daily xD
@asamitchell7948
@asamitchell7948 24 күн бұрын
5 cents per kwh of electricity we must be getting our keys ripped out in the UK we're paying closer to 27 cents per kwh
@J.Lindblom.77
@J.Lindblom.77 Ай бұрын
My cost of electricity would be 13 dollar cause i live in Sweden and alot of taxes
@KeywordManagement
@KeywordManagement 5 ай бұрын
Do you have plans for that shed?
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Yep! Keep an Eye on Friday's Video!
@KeywordManagement
@KeywordManagement 5 ай бұрын
@@TheHobbyistMiner Will do
@bobbydigital7062
@bobbydigital7062 3 ай бұрын
It be more feasible if you take the 4k and buy bitcoin
@JayS.-mm3qr
@JayS.-mm3qr 3 ай бұрын
Lol seems that way. Unless it crashes or whatever
@adamkukulj5537
@adamkukulj5537 3 ай бұрын
Great vid. Reality 1 year & you don’t even recoup your hardware cost. The hardware is overpriced. A crappy business makes 10% profit here your at a loss imagine including your time @ $20 per hr. Simply laughable… just my option.
@avengethis97
@avengethis97 2 ай бұрын
Right now yes. Back in 2011 when we all thought the same thou btc was like worth nothing and now we selling for 70k a coin...
@damientorres9969
@damientorres9969 2 ай бұрын
Bitcoin going to a million a coin, the pay off in the end is worth it. 🎉
@damonkatos4271
@damonkatos4271 2 ай бұрын
You can make more money with a hot dog stand.
@DiegoaufTour
@DiegoaufTour 5 ай бұрын
Hmm, with Minig Rigs for ~4K you get the same income as with the S21. In addition, you are free to mine a lot of coins.
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Which Mining Rigs are you running?
@DiegoaufTour
@DiegoaufTour 5 ай бұрын
@@TheHobbyistMiner a lot of 5700XT, 3060ti and 3070
@wes11bravo
@wes11bravo Ай бұрын
All this crypto stuff is so baffling.
@eman6184
@eman6184 3 ай бұрын
Amazingly cheap power cost for you. That one miner would cost $27 a day to run in California
@ryanshea6141
@ryanshea6141 3 ай бұрын
My cost is 10.263 cents per kw. What is it in CA?
@eman6184
@eman6184 3 ай бұрын
@@ryanshea6141 here where I am at in California it is 32 cent per kwh
@Crobar808
@Crobar808 13 күн бұрын
5 cents a kWh? Nope. I’m aware of what electric costs nationwide, there isn’t a single place in the USA that’s that cheap. 13 cents is about rock bottom and most looks more like 25-40 cents, unless you have some sort of independent energy production like solar or wind on you’re property
@maryannplunkett5420
@maryannplunkett5420 5 ай бұрын
After watching this video, I still just feel for the chickens living next to a shed that produces that much noise. Poor things.
@shaunpeattie7377
@shaunpeattie7377 5 ай бұрын
I also thought that would be hell for them.
@-Geronimo-
@-Geronimo- 3 ай бұрын
🙄🙄.. I' m guessing you'r hair is blue.. .. ,, pooor little chickens...,, 😭😭 nj..nj..nj.nj..
@nilarmstrong
@nilarmstrong 4 ай бұрын
Not good miner sensitive to temp
@Chris-ct1ky
@Chris-ct1ky 18 күн бұрын
Those are some useless burly locks on the doors. The hinges and screws are on the outside. A cordless drill and the doors are off. Nice clean setup though.
@rahu.thakur
@rahu.thakur 5 ай бұрын
Bro i from India.my electricity free.u recommend who machine buy me, i want money only big amount... i have 3 phase electric..reply me please
@shahzaib987
@shahzaib987 4 ай бұрын
It depends on your budget.
@shahzaib987
@shahzaib987 4 ай бұрын
S21 is good nowadays. How much are you willing to invest?
@miguelmigueldejesus3763
@miguelmigueldejesus3763 5 ай бұрын
I have free electricity for asic bro 😅 but no money to buy more asic 😢 I just have one
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Free Electric Wow! Good for you. How much power do you have to play with?
@ssportslivetvstreaming
@ssportslivetvstreaming 4 ай бұрын
how do you do or where do u live bro
@notbabyrodney7040
@notbabyrodney7040 3 күн бұрын
So much money for just a few dollars a day.
@vijo2616
@vijo2616 3 ай бұрын
$0.05 per kWh ? National average is closer to $0.12. UK cost average is £0.14.
@blockchainbugz
@blockchainbugz 5 ай бұрын
Hobbyist! Why do you even bother getting your miners hosted? I’d think you’d be better off upgrading your own electric (unless of course you can’t upgrade past 400 amps at home)
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
Thats something I am investigating. Has some upfront capital.
@Redneck_Renaissance
@Redneck_Renaissance 2 ай бұрын
my neighbor is 28 years old and an electrician/electronics tech and he made 260k last year working 51 hours per week. It seems like you're trying to cheat a system that he maintains and you make far less money. Perhaps you might consider working for your renumeration.
@jamesmedina4802
@jamesmedina4802 3 ай бұрын
I need help
@iridium58
@iridium58 5 ай бұрын
That s21 is using like 3800 watts, not 3500w....unless is 20 degrees ambient 😂
@TheHobbyistMiner
@TheHobbyistMiner 5 ай бұрын
That is not entirely accurate. When I do my testing and metrics I never use Bitmain numbers, I alway do my own testing. My testing was done with Ambient Temps of 49F/9c and at the wall it produced 3535 Watts.
@iridium58
@iridium58 5 ай бұрын
@@TheHobbyistMiner So for 2 or 3 month each year you going to get 3535 watts when you have ambients at 49f... what about the hotter months... you need to calculate that in your payoff estimations..
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