4:38 About Solar; the intention is good about the free power, but I have to say that you should add the solar requirement for that asic as not all solar installation can cover 1 or more asic, and afterward, you still have to pay for the electricity for the night if not enough energy produced during the day 🙌😇
@HighDesertRob3 ай бұрын
Great video. thanks! I will add that as someone who has solar, I would say your advice for someone living in a dorm is more appropriate. I have free power, up to a certain amount. Then I'm paying just like anyone else. Even if you put up an array dedicated to your mining operation, you'd be capped by your daily production.
@ModernMiningHub3 ай бұрын
great point that makes complete sense!
@chrisgauch51693 ай бұрын
These price wars are definitely throwing a wrench in the equation.
@ModernMiningHub3 ай бұрын
@@chrisgauch5169 no doubt. I’m not buying any more until things settle out haha
@bpp55073 ай бұрын
The right ASIC Miner for me, is the one that will make me the absolute most, while spending the bare minimum least amount of $$$$
@JonPrevost2 ай бұрын
Umm, how old is this video? KS5L was doing $11.76 a day back in mid Aug. It's averaged under $2 for the past 2 weeks. Not a good idea.
@benoittheminerandgamer3 ай бұрын
I made this mistake and it's complete stupid thing to do buying asic, Just buy GPU they will last way longer than Asic. My 6 ks0 pro earn 1.50$ a day for the 6, and use 600watts. My 8 RTX 3070 earn 4$ a day for the same 600watts and if i overclock more i earn more, So i will never buy asic especially for the price we pay it's not wort it.
@ModernMiningHub3 ай бұрын
Totally agree long term Gpu’s are better. However that’s the highest profits gpus have been in months so just something to think about.
@Rayruey2 ай бұрын
Can the earning even go lower?
@Rayruey2 ай бұрын
How many do you have?
@Rayruey2 ай бұрын
Wdym the last longer? Can they stop working?
@HomeownerHacks3 ай бұрын
Interesting takes!
@Pilaspilas9113 ай бұрын
None. You're just chasing Roi... With the budget you spend on asics or mining in general, are you really not able to gain a profit of 25% or more in a span of 6 months with direct investing? While you may roi with asics if you're really early, what is the value of the asics itself after 6 months? It's like 1/4 to 1/3 of its initial release average.
@oyster03 ай бұрын
You getting an al2 lite
@ModernMiningHub3 ай бұрын
Nope not buying any more ASICS until the big 3 stop their little price war haha
@IDK_Mining3 ай бұрын
I am … even with price cuts unless it drops to $300 next week im cool … if it does ill prob drop one or two tears 😭😂😂😂😂😂😂
@kevinkaye3 ай бұрын
Thanks for another informative video! Interesting take on mining, and unlimited hydro helps. I stick below the 1440W total on a 120A circuit, so it's all GoldShell and IceRiver for me. I'll let you know when o bump me up to the "unlimited budget" category. 😉💸
@smolpuff3 ай бұрын
'if youre in an appartment you dont have much money' is by far the dumbest, and brokest thing ive ever heard anyone say. and be 100% outright incorrect.
@ModernMiningHub3 ай бұрын
@@smolpuff is that not a fair assumption considering home ownership is the majority of people’s net worth? Look at net worth of home owners vs apartment dwellers and you’ll see what I’m referring to.
@akro2863 ай бұрын
@@ModernMiningHubIll have to disagree with you good sir as the only viable argument for apartment vs villa is the space to run these miners.. I’ve got an AL0 in my apartment and a few full size asics given for hosting so I can benefit from lower electric rate and not bother with the noise and space it takes.
@jokerminer13 ай бұрын
Reminder that asic site is still hacked and not correct be careful using it.
@ModernMiningHub3 ай бұрын
Dang never heard of this… what’s not accurate?
@maloryboswell27253 ай бұрын
Yes do tell
@jokerminer13 ай бұрын
@@ModernMiningHub Per Hawk, Chump and other the site was hacked and would prompt for a google chrome install to put a virus on your machine. They no longer are adding and removing items to the site as they lost access to it.