That's awfully low profits for a machine thats been hyped as a top performer. My M20S is pulling $25 a day at 3,450 watts and it only cost me $5,000. Looks like I made out and didn't break the bank doing it. I really don't get your stats. Observations on first month of mining with an ASIC. GPU mining is twice as difficult as ASIC mining. ASIC miners are bulletproof machines. Thermal protection is good and it will protect the machine. I know because it already tripped once. Setup was a piece of cake compared to GPU's. India has plans to eliminate crypto just like China so expect another big drop in Bitcoin then. UPDATE: Just when you think you're finally moving in the right direction along comes error 2010 and it shuts down. Presently working to find a place to get it fixed.
i heard ASIC miners are prone to burning out after a couple of years. do you know if that is true? also one positive of GPU mining is that you can mine any coin, but with ASIC you are locked in to whatever coin(s) the box was designed to mine. interested in your thoughts
@@dumbcat Yes the older gens had shorter life spans. Around 3 years. The newest gens are predicting 4 to 5 years. Good maintenance is the best way to squeeze all the life you can out of them. Some older gens are still humming today on cheap electric rates. But they are not residential friendly. Look for hosters be careful of predatory hosting rates.
hmm good points to consider , but everyone knows bitcoin isnt going anywhere its here to stay, so im very bullish , infact in a couple of years i predict the profitability is going to go through the roofs and so will the price of these miners, i suggest get hold of any asic miners you get now and start mining ,its a much safer bet than ethereum gpu mining im actively searching for a s19j pro having a hard time getting one right now
It is extremely easy to understand with your explanation, everything is accurate In details even though I have no knowledge or idea about the miner but as I'm really interested in mining and want to venture into it, I find it very interesting and reliable. You're so inspiring.
It's safer to build three computers with two 3060ti graphics cards each (about 10k usd +/-). It will bring about half as much, but if everything collapses, then it will be quite easy to sell them. And also they can be safely used for other personal purposes with benefit while they are mining. I did so and did not regret it.
@@lovefrequency528 it is safer, more reliable, has a better chance of selling profitably in the aftermarket, and my assemblies are in different locations. I manage everything remotely and don't pay for electricity. I have good gaming systems with good motherboards, processors, RAM, power supplies, and well-ventilated cases. It is clear that this is more expensive.
@@offilawnoone9020 I do the same, just to back you up. 1 to 1. More expensive for sure, less tech issues, less stuff laying out which is fine. I have a few rigs too, but then I have entire desktops with bare minimum specs but still avoiding SATA cables, molex cables and my storage is all m.2 . Power supplies between 850-1000w. It’s all relevant for resale if need be. Sometimes when the market is high and I can get a good price I’d just sell it all if it can rake me in 2-3 months of mine in a single sitting then just re up.
Waste of electricity doing it that way. You're powering 3 mobos, and 3 processors. I have zero issues with my 6 and 8 gpu rugs. If I want to sell the cards off in full builds I'll buy stuff to build pc's down the road, at a cheaper price. Super unnecessary though because cards sell well above msrp. Some might argue its easier to sell the cards off without it being in a build. The only way your theory is logical is if you can't keep more than 2 cards cool but that's not the case.
@@vinnreaper7984 no it's not all relative in the aftermarket. It's easier to sell cards off as opposed to selling full computers off. You're also wasting electricity.
If you made exactly $32/day, it would take 312 days to break even, not including the MONSTER amount of electricty used. Not even worth it. These miners need to sell for about $1,000-2,000 to make it worth the trouble. The problem is that they are selling for WAY the hell more than they cost to manufacture. The only person making any money on these things is the middle man selling them. If these are made in China, it costs next to nothing to manufacture them. Labor is so unbelievably cheap over there. By the time they hit U.S. soil, somebody is screwing the buyer ROYALLY.
@@moradmohey8130 Yeah, but it sure sounds like it. The ROI is WAYYYYYYY too horrible on these machines. You should be able to spend $1,000 to $2,000 on something that will make you at least a few hundred per day. This is ridiculous to spend such a large amount of money for such horrible returns with no guarantee how long those returns will even last. They need to cut out the middleman.
@@CarMaintenanceGuy 1000-2000 for a few hundred a day passive income? Are you absolutely delusional? Can you show us where you can get these returns o god of ROI?
we're in a dip but thats the good thing about the miners you dont HAVE to spend the coin until the price goes back up but your still increasing your total.
Exactly. Mine and HODL. You can choose the price you're comfortable selling at to cover operating expenses. If you're selling daily it's probably not a prudent investment. Have 13 online right now and am already looking to expand to 65 if we can negotiate a favorable kWh with our power company.
So my math says after electricity, maybe $9 a day where I live (not including ac to cool machine in summer), then as long as machine can operate 100% of time with no downtime not requiring any repair and as long as bitcoin doesn't drop we're looking a close to a two year ROI. As someone in another video I watched stated, 6 months is 4 years in bitcoin land, so nearly 2 actual years is around 15 bitcoin years. Anotherwards, huge variable swings can take place in those timeframes that can greatly effect payback. Also, I'm not really sure I grasp these machines as to how long a realistic lifespan is as it runs balls to the wall 24/7 365.... I mean if you did hit ROI in two years how much more life is in the machine to turn profit? Another 2 years?
Yeah most of the profit gets eaten by electricity costs. It's more like $0,25 per kwh here. We can only dream of paying $0,10 lol that's crazy cheap. No way i'm taking that large a risk for such tiny margins, it can flip to being unprofitable really quickly if Btc drops.
@@jahncarlos7941 The Netherlands. That price mostly consist of taxes to discourage people to use too much. I'm not really against that. It's a densely populated country, and i don't like too many coal and gas power plants polluting the air. Where do you live that it's cheaper ?
When Eth 2.0 hits in a few months you won't be mining very much at all since the majority of people gpu mining are mining Eth and the other coins won't be able to absorb the hashing power without the rewards crashing.
Not true! Currently a 3090 mining ethereum will pay iteself off in 6-7 months. A 3080 will pay itself off in 4-5 months. Then either mine for pure profit or sell it and make money that way!
I really do not understand why so many MiningTubers talk about profits in USD when prices fluctuate so much. A few months later and these USD figures are all obsolete. Start thinking in SATS bro!
oil immersion. nonmineral oil but a silicon based oil. i have watched videos of others who have really impressive results using s9. one guy has it running reliably at 20ths. i imagine that you could get that unit down in the noise department and then maybe an increase in hashrate
Crypto mining rewards are taxed as ordinary income in the US. Unless you can wrap a corporation around it, have cheap or free power and cheap or free bandwidth, I don't see how an individual can mine profitably. If you want Bitcoin that bad and you have $13k for a miner, just exchange it for Bitcoin instead. No power supplies or fans needed.
That thing is sooo noisy, there is no way someone don't report you for "disturbing the peace of the neighborhood", they are coming for you Red Panda Mining LOL
That XP is sold to whales long time ago. I've seen them for sale like a month ago, ad stated they were 4 months old. So 5 months available already, but not for poor people
Just casually watching this in aug 2023 and seeing this kind of profitability and really wondering if I was living under a rock when these devices became profitable again… and then… 1 year old video. Sigh. The good ‘ole days…
Read today 150,000 Bitcoins may be added to the pool soon which they are saying may drop Bitcoin price 80-90%. I've always been curious about mining crypto. Would mining make sense if that does happen?
So it take a year to earn your money back and 2 to make a profit, almost easier to stick with GPU mining as at least then I can resell the GPU and get more of my money back ASIC miners are a expensive brick after they are no long useable
Somewhat true, but you’ve got to look at some old miners still making decent profits, then that’ll confuse you and make you rethink. I think the biggest thing is guys like these are getting inventory of these miners at decent prices or even free and are already established so losses are almost nonexistent to them at this point. They’ve lost before and learned and are willing to risk unlike naysayers like yourself. Just being honest.
Thanks! I'm thinking of buying one ASIC miner too. It would be of great interest if you have any info on how many years is usually the miner profitable. There was some asic on list as red. it was 3 years old. Do you think asic miner could be run for 2 years? 3 years?
Can the hashrate of all the S19j Pro be increased like the 110T model? I've seen videos of the 110T increased to 170+ with an add on board and liquid cooling.
So if you took the $16,000 you spent on that pig and bought that much Bitcoin today whats your profit in the 14 months it would take you to break even?
I received my first S19J from CMB in under 2-3 weeks. I have a second coming DHL right now that should be about 2 weeks from click to buy, to arriving at door. I did a wire transfer which took about 5 days each to go through before they shipped. So once they ship it takes about a week to reach me in USA.
The money you spend on one of these machines if you put it into dollar-cost averaging You would make more money and none of the noise. Just buy BTC and HODL you're onto a winner. Safest money in the world. Over the past 11 years, BTC has given you a return of over %200 per annum. Leave the mining to the big boys. There is no decent return on your investment.
You would have been much better of just buying bitcoin in May 2020 with the price of the S19 pro. You even had to wait a while to get it at that time. Better buying the coin selling it near the top, waiting until everything crashes and the prices for miner are cheap and then buy and mining hopefully as long as possible during the next bear market.
I took a different approach. I worked 2 jobs and I worked weekends from the time I was 18 to to 25 and living at home. I managed to save $700,000 which used to buy 3 homes. I am now 45 years old and the homes are worth 1.2 million each or 3.6 million. I plan to pay them off and live off the rentals which would bring in $90,000 a year after taxes. The crypto millionaires have already been made and right now it is just hype based off of FOMO and dreamers who missed the boat. Seems no one believes in hard work anymore, they want short cuts and get rich quick which is a dead end. GLTA
Can I not just use Alibaba to get one straight from China, so long as I also pay the tariff to customs? After air freight, tariff, and cost, it seems it would be approximately $4,000 vs the prices for the ones that are already stateside.
you did calc wrong. Now do them again without the light cost. Best for Bitcoin mining is clean energy or stolen energy :) but not by paying nuclear energy. A lot of freelance electricians would charge you 300 $ to put you a free light cable and you put there whatever you want...
Has it overheated in your garage at all? I also live in a cold climate and have been considering getting one to run in my shop garage, it’s about 30-40 degrees Fahrenheit on average in there right now if I had to guess. This won’t heat up it up too much in the winter time & shut off? I assume for summer months I’ll have to come up with some sort of ventilation system. Thanks!
If you're going to go through the hassle of getting one of these miners, I'd rather have the Goldshell kd5 and make almost $300 per day with it. I remember seeing these sell for like $14k. This would make more send where you have to suffer for an entire year to see one penny of profit.
I save crypto so my kids may have a financial foothold in the future. That’s why I mine pi, do you think it would be best to hold for long term after release?
Hello Can you make a video about additional coins this miner give with BTC like VCash, Hathor,Elastos and Namecoin And what is the best wallet to collect them ? Thank you so much in advance!
I thought you were in the airport. It actually might be possible that ASIC just might be able to overpower my wife’s whinnying and complaining. I’ll buy one when it’s no longer profitable, for the reason above
now its useless to mine ! the s19j pro antminer is giving 0.08 cents for a day now :(( ! any advice for making the amount of money in a day that you have been making in this video?
You can put the flanges for the 4" duct on them and just not connect the ducts and it really cuts the volume.
That's awfully low profits for a machine thats been hyped as a top performer. My M20S is pulling $25 a day at 3,450 watts and it only cost me $5,000. Looks like I made out and didn't break the bank doing it. I really don't get your stats. Observations on first month of mining with an ASIC. GPU mining is twice as difficult as ASIC mining. ASIC miners are bulletproof machines. Thermal protection is good and it will protect the machine. I know because it already tripped once. Setup was a piece of cake compared to GPU's. India has plans to eliminate crypto just like China so expect another big drop in Bitcoin then.
UPDATE: Just when you think you're finally moving in the right direction along comes error 2010 and it shuts down. Presently working to find a place to get it fixed.
i heard ASIC miners are prone to burning out after a couple of years. do you know if that is true? also one positive of GPU mining is that you can mine any coin, but with ASIC you are locked in to whatever coin(s) the box was designed to mine. interested in your thoughts
$25 a day before or after paying for electricity?
@@dumbcat Yes the older gens had shorter life spans. Around 3 years. The newest gens are predicting 4 to 5 years. Good maintenance is the best way to squeeze all the life you can out of them. Some older gens are still humming today on cheap electric rates. But they are not residential friendly. Look for hosters be careful of predatory hosting rates.
pfft, I mined 13 bitcoin on CPU and 1 video card....good'ol days....of course I sold all of them for $100...
@@shawn-zx9xt Can you be more precise with hosters? & where should I mine? With 75 dbs it is going to be damn loud. (I guess) 😆 🤝 🇨🇭
s19 the future 'dream machine' of the most high overprice machine!
hmm good points to consider , but everyone knows bitcoin isnt going anywhere its here to stay, so im very bullish , infact in a couple of years i predict the profitability is going to go through the roofs and so will the price of these miners, i suggest get hold of any asic miners you get now and start mining ,its a much safer bet than ethereum gpu mining
im actively searching for a s19j pro having a hard time getting one right now
You can get it from Bitmain or Compass, both in stock.
It is extremely easy to understand with your explanation, everything is accurate In details even though I have no knowledge or idea about the miner but as I'm really interested in mining and want to venture into it, I find it very interesting and reliable. You're so inspiring.
Gotta add the 25% tariff to the price of the S19j if coming out of China or Hong Kong.
It's safer to build three computers with two 3060ti graphics cards each (about 10k usd +/-). It will bring about half as much, but if everything collapses, then it will be quite easy to sell them. And also they can be safely used for other personal purposes with benefit while they are mining. I did so and did not regret it.
why do u need to build 3 pc u only need 1 with nice amount of pcie on mobo, and buy bunch of riser i don't get it ?
@@lovefrequency528 it is safer, more reliable, has a better chance of selling profitably in the aftermarket, and my assemblies are in different locations. I manage everything remotely and don't pay for electricity. I have good gaming systems with good motherboards, processors, RAM, power supplies, and well-ventilated cases. It is clear that this is more expensive.
@@offilawnoone9020 I do the same, just to back you up. 1 to 1. More expensive for sure, less tech issues, less stuff laying out which is fine. I have a few rigs too, but then I have entire desktops with bare minimum specs but still avoiding SATA cables, molex cables and my storage is all m.2 . Power supplies between 850-1000w. It’s all relevant for resale if need be. Sometimes when the market is high and I can get a good price I’d just sell it all if it can rake me in 2-3 months of mine in a single sitting then just re up.
Waste of electricity doing it that way. You're powering 3 mobos, and 3 processors. I have zero issues with my 6 and 8 gpu rugs. If I want to sell the cards off in full builds I'll buy stuff to build pc's down the road, at a cheaper price. Super unnecessary though because cards sell well above msrp. Some might argue its easier to sell the cards off without it being in a build. The only way your theory is logical is if you can't keep more than 2 cards cool but that's not the case.
@@vinnreaper7984 no it's not all relative in the aftermarket. It's easier to sell cards off as opposed to selling full computers off. You're also wasting electricity.
If you made exactly $32/day, it would take 312 days to break even, not including the MONSTER amount of electricty used. Not even worth it. These miners need to sell for about $1,000-2,000 to make it worth the trouble. The problem is that they are selling for WAY the hell more than they cost to manufacture. The only person making any money on these things is the middle man selling them. If these are made in China, it costs next to nothing to manufacture them. Labor is so unbelievably cheap over there. By the time they hit U.S. soil, somebody is screwing the buyer ROYALLY.
😅It not drugs business, dude
@@moradmohey8130 Yeah, but it sure sounds like it. The ROI is WAYYYYYYY too horrible on these machines. You should be able to spend $1,000 to $2,000 on something that will make you at least a few hundred per day. This is ridiculous to spend such a large amount of money for such horrible returns with no guarantee how long those returns will even last. They need to cut out the middleman.
@@CarMaintenanceGuy 1000-2000 for a few hundred a day passive income? Are you absolutely delusional? Can you show us where you can get these returns o god of ROI?
@@lowdaan5604 Why not?!!?!? It's CRYPTO!!!!! This is bullshit, man.
@@CarMaintenanceGuy It’s not possible to receive “a few hundred” per day in passive income with any investment of 1000-2000. I suggest you wake up
we're in a dip but thats the good thing about the miners you dont HAVE to spend the coin until the price goes back up but your still increasing your total.
Exactly. Mine and HODL. You can choose the price you're comfortable selling at to cover operating expenses. If you're selling daily it's probably not a prudent investment. Have 13 online right now and am already looking to expand to 65 if we can negotiate a favorable kWh with our power company.
@@jasonstellema what are you making per day? i am looking to buy a rig
Great video thanks for going into detail man !
So my math says after electricity, maybe $9 a day where I live (not including ac to cool machine in summer), then as long as machine can operate 100% of time with no downtime not requiring any repair and as long as bitcoin doesn't drop we're looking a close to a two year ROI. As someone in another video I watched stated, 6 months is 4 years in bitcoin land, so nearly 2 actual years is around 15 bitcoin years. Anotherwards, huge variable swings can take place in those timeframes that can greatly effect payback.
Also, I'm not really sure I grasp these machines as to how long a realistic lifespan is as it runs balls to the wall 24/7 365.... I mean if you did hit ROI in two years how much more life is in the machine to turn profit? Another 2 years?
Yes, if it breaks in 22 months your pretty
screwed
Yeah most of the profit gets eaten by electricity costs. It's more like $0,25 per kwh here. We can only dream of paying $0,10 lol that's crazy cheap. No way i'm taking that large a risk for such tiny margins, it can flip to being unprofitable really quickly if Btc drops.
@@Bertuzz84 Holy shit, where do you live for the electricity to cost that much. that's crazy, i thought ours was expensive
@@jahncarlos7941 The Netherlands. That price mostly consist of taxes to discourage people to use too much. I'm not really against that. It's a densely populated country, and i don't like too many coal and gas power plants polluting the air.
Where do you live that it's cheaper ?
in San FRANSICKO California we pay $0.32 per kWh. forget mining and just use the money for the cost of a Antminer ($15-$20K) and just buy btc
3 Antminer L3+'s are giving me 80 decibels, quieter than mine! good info thank you!
WOW!!!!!!!!!!!!!!!! thank you. Just information for myself in mining. My mind is blown.
you forgot to remove the cost of the required ear plugs...
Below are scammers...saying Mrs Alice did that and did this and that change their life....guys it's a scam... don't fall for it....just an alert
that thing looks insane, great video
I cannot mine bc in San FRANSICKO CA we pay $0.32/Kwh. some of the most expensive rates in the country
You need to say yeah its 13k on the website but what about CBP customs of 2.6% and the 25% China Tariff make sure you give all the info.
Not everybody has to pay extra fees.
@@lextalionis4953 true i think canadians dont pay the tarrifs.
Paid $10,800 for 13 104Th machines in September. Prices are correlated with BTC price so definitely try buying during a correction.
Six scalped 3080s would be cheaper and yield more with less noise and power :(
$30 per day doesn't seem too much... few good cards will mine more ETH in value
what about in 5 years?
I like your thinking
When Eth 2.0 hits in a few months you won't be mining very much at all since the majority of people gpu mining are mining Eth and the other coins won't be able to absorb the hashing power without the rewards crashing.
if mining at 100Th/s,
for how long will you then get 1 BTC?
These companies are making crazy profits on these devices.
Hard to tell what part of the cycle we're on but if could guess we're on the rise or the top.
nice profits,
You are so lucky to get these items for free :)
No, hes a yt miner.
I'm thinking of getting into BTC mining or LTC mining but I've seen a big jump on the ZEC specifically Antminer Z15.
this become paper weight in a couple of years when they up difficulty, they all its predecessors. breakeven in13 months+. Not worth it
if you can secure an energy source for less than 5 cents a kilowatt hour, then it is worth it
Say you can’t afford one without saying you can’t afford one
Wrong lol
700$/ month for a 13k machine is horrible. You can get that with a few 3080s
what about decred, do you mean it's future safe? for minning :)
ASICs are never future safe. You should look at all the older ant miners
Hit me up
The biggest problem now is to buy these asic miners or GPU miner setups it’s going to take 1-2 years to pay off the hardware before profits.
Thats what im seeing its insane, its like 11 Months to break even at minimum
Not true! Currently a 3090 mining ethereum will pay iteself off in 6-7 months. A 3080 will pay itself off in 4-5 months. Then either mine for pure profit or sell it and make money that way!
Even with scalper prices it should only take like 6 months to pay it off.
It's cheap if you already have rigs making money.
NOTE this is with todays BTC price.... how profitable will it be when BTC is in bear market? at less than half of todays price.
Did you pay any customs duty for this miner?
i want to know how much a new BITMAIN ANTIMINER S19 PRO is selling for
If you get a noise complaint, just get sound insulation
I really do not understand why so many MiningTubers talk about profits in USD when prices fluctuate so much. A few months later and these USD figures are all obsolete. Start thinking in SATS bro!
Yup it's cold in Ontario, but it isn't winter yet. That doesn't start for a few weeks.
Good video....I subscribed today...easy for me to understand....thank you
oil immersion. nonmineral oil but a silicon based oil. i have watched videos of others who have really impressive results using s9. one guy has it running reliably at 20ths. i imagine that you could get that unit down in the noise department and then maybe an increase in hashrate
do you mean an extra 20ths or just 20ths? Also this nonmineral oil does sound like a good remedy for the noise and efficiency.
@@wadevid seen the same video i think, he means 20 TH total compared to the rated 13 TH or so. its a pretty big increase
@@shibbling link?
"Down in the noise department"......since the fans are removed for immersion, there is no noise at all.
@@fakumadda1632 you would need to cool down the oil, so there would be a little noise from that
Is the $50 per day before or after electricity costs? How long before you break even?
Crypto mining rewards are taxed as ordinary income in the US. Unless you can wrap a corporation around it, have cheap or free power and cheap or free bandwidth, I don't see how an individual can mine profitably. If you want Bitcoin that bad and you have $13k for a miner, just exchange it for Bitcoin instead. No power supplies or fans needed.
That thing is sooo noisy, there is no way someone don't report you for "disturbing the peace of the neighborhood", they are coming for you Red Panda Mining LOL
Video tomorrow about this LMAO
@@RedPandaMining This is *screaming banshee* mining
It’s louder than 65 dB. More like 80 I’ll bet
75db😢
That XP is sold to whales long time ago. I've seen them for sale like a month ago, ad stated they were 4 months old. So 5 months available already, but not for poor people
Just casually watching this in aug 2023 and seeing this kind of profitability and really wondering if I was living under a rock when these devices became profitable again… and then… 1 year old video. Sigh. The good ‘ole days…
thanks for this.
Read today 150,000 Bitcoins may be added to the pool soon which they are saying may drop Bitcoin price 80-90%. I've always been curious about mining crypto. Would mining make sense if that does happen?
? how do Bitcoins get added to a pool? The is a finite supply.
Dude.....you get some bad info. If you actually have to ask this question, you best do a whole lot more research before you invest in anything.
So it take a year to earn your money back and 2 to make a profit, almost easier to stick with GPU mining as at least then I can resell the GPU and get more of my money back ASIC miners are a expensive brick after they are no long useable
Somewhat true, but you’ve got to look at some old miners still making decent profits, then that’ll confuse you and make you rethink. I think the biggest thing is guys like these are getting inventory of these miners at decent prices or even free and are already established so losses are almost nonexistent to them at this point. They’ve lost before and learned and are willing to risk unlike naysayers like yourself. Just being honest.
Thanks! I'm thinking of buying one ASIC miner too. It would be of great interest if you have any info on how many years is usually the miner profitable. There was some asic on list as red. it was 3 years old. Do you think asic miner could be run for 2 years? 3 years?
It’s possible to attain that
so cheaper if i bought one, i would make 20 percent of a BTC in 1 year, but if i just bought BTC i would make 25 percent of a BTC with zero hassle.
great tutorial panda thanks
How is this plugged in? Is it 2 separate 20amp outlets? Or do you need to run it like a clothing dryer?
Yeah 2x 200-240V plugs and in the US they look like electric dryer plugs.
@@dandirksen1870 ......You actually use an L6-30 receptacle and plug.
Can the hashrate of all the S19j Pro be increased like the 110T model? I've seen videos of the 110T increased to 170+ with an add on board and liquid cooling.
So if you took the $16,000 you spent on that pig and bought that much Bitcoin today whats your profit in the 14 months it would take you to break even?
How long took the shipping to since the day you purchased? More than a month? Thanks!
Purchased? I'm fairly sure he received it for free to shill Minerbros.
I received my first S19J from CMB in under 2-3 weeks. I have a second coming DHL right now that should be about 2 weeks from click to buy, to arriving at door. I did a wire transfer which took about 5 days each to go through before they shipped. So once they ship it takes about a week to reach me in USA.
How can Chinese mainland buy?
The money you spend on one of these machines if you put it into dollar-cost averaging
You would make more money and none of the noise. Just buy BTC and HODL you're onto a winner. Safest money in the world. Over the past 11 years, BTC has given you a return of over %200 per annum. Leave the mining to the big boys. There is no decent return on your investment.
You would have been much better of just buying bitcoin in May 2020 with the price of the S19 pro. You even had to wait a while to get it at that time. Better buying the coin selling it near the top, waiting until everything crashes and the prices for miner are cheap and then buy and mining hopefully as long as possible during the next bear market.
Thanks for great video again
I took a different approach. I worked 2 jobs and I worked weekends from the time I was 18 to to 25 and living at home. I managed to save $700,000 which used to buy 3 homes. I am now 45 years old and the homes are worth 1.2 million each or 3.6 million. I plan to pay them off and live off the rentals which would bring in $90,000 a year after taxes. The crypto millionaires have already been made and right now it is just hype based off of FOMO and dreamers who missed the boat. Seems no one believes in hard work anymore, they want short cuts and get rich quick which is a dead end. GLTA
Can I not just use Alibaba to get one straight from China, so long as I also pay the tariff to customs? After air freight, tariff, and cost, it seems it would be approximately $4,000 vs the prices for the ones that are already stateside.
Any site selling at $4k for an S19 is scamming you
It's highly likely u'll get scammed
S19j cost so much but the tariff on custom and freight could amount to that .
I won’t advice to purchase from Alibaba but I have a good trusted supplier here in USA I got my gpu and miners from
nice video, i did some calc here in germany, would me take 3 years to pay off this miner baby ;) woohoo :P greetings to the good ol US and A.
you did calc wrong. Now do them again without the light cost. Best for Bitcoin mining is clean energy or stolen energy :) but not by paying nuclear energy. A lot of freelance electricians would charge you 300 $ to put you a free light cable and you put there whatever you want...
Thanks..Where did you buy it?
I can recommend you to a trusted supplier here in USA .
Where to buy in india?
Has it overheated in your garage at all? I also live in a cold climate and have been considering getting one to run in my shop garage, it’s about 30-40 degrees Fahrenheit on average in there right now if I had to guess. This won’t heat up it up too much in the winter time & shut off? I assume for summer months I’ll have to come up with some sort of ventilation system. Thanks!
Is the electricity consumption mentioned per 24 hours?
I finally got a t19 hashing 84th... soon to have more
Whats your plan when ETH goes to 2.0?
do the test for the other coins, curious to see
If you're going to go through the hassle of getting one of these miners, I'd rather have the Goldshell kd5 and make almost $300 per day with it. I remember seeing these sell for like $14k. This would make more send where you have to suffer for an entire year to see one penny of profit.
Lots of miners migrated to Kazahstan but they are having problems with electricity there.
Shall we buy this machine now mate?
It’s for only 2000$ is it worth it?
The first year and a half will be paying off what you spent on the miner
If you order these units from minerbros do you have to pay tariffs if they ship them by air to your door in the USA?
Definitely you have to pay tariffs and custom duty fees
I save crypto so my kids may have a financial foothold in the future. That’s why I mine pi, do you think it would be best to hold for long term after release?
The sound is Horrible... How can you sleep with all of the noise.
Your better off mining with 3x 3090’s 😅
*hopefully I don't get a noise complaint - that aged well 😂
what is wear and tear on these machines?
Whats the Voltage ? Can it be use overseas for mining BTc or only US?
It can be used anywhere around the world
Thanks Red.
;) ok, here is the math i did after mining for a while!
instead of spending $50k on mining equipment, invest to crypto and HODL...
;)
Sounds like a horror movie from the 70s
i heard you can squeeze out of few more terahash by doing liquid immersion. not sure if that is true?
It is, you need new firmware and bigger power supplies to get the increased hashrate.
@@dandirksen1870 hey brotha you mining
Hello
Can you make a video about additional coins this miner give with BTC like VCash, Hathor,Elastos and Namecoin
And what is the best wallet to collect them ?
Thank you so much in advance!
So, to make a decent daily income - one would need to buy at least 10 - S19j’s
Not to bad when you think ab it
Tried sticking a HVAC fan on it?
Mine other cheap SHA-256 coins.
Dang that thing is loud lol. Question. Are octominers louder or that asic?
Funny you can still hear it in the house :D
2:18 The fans on the S19J Pro are rated at 6000 RPM at 100%
thank you rpm!
Where did you buy this rig? :)
What’s the electrical thing called that you have placed on the wall how do I get that done by an electrician
I thought you were in the airport. It actually might be possible that ASIC just might be able to overpower my wife’s whinnying and complaining. I’ll buy one when it’s no longer profitable, for the reason above
so by the time you pay for internet the computer and electricity your guaranteed a loss.
now its useless to mine ! the s19j pro antminer is giving 0.08 cents for a day now :(( ! any advice for making the amount of money in a day that you have been making in this video?
it possible mining other coin with it , like DOGE LITCOIN ?
If bitcoin hits 150k in a year how much will these machines be selling for?
Idk alot ig
Same asic submerged in a dielectric liquid will be what ?
Are those 1070 FEs I see back there. Idk I might be wrong.
Great video. I've been running the same miner for about a week. Our numbers are very close.
could nonmineral oil immersion help with the noise and efficiency?
Machines now $3900 because bitcoins down a lot from $56k
this space heater is loud