A lot of stuff was left out here. Make sure to do your own due diligence. Power consumption becomes a problem for bigger rigs that run on a single circuit. Running 6 3090's on the same 20A circuit would be pushing your 80 percent safety limit, and that's without anything else running on the circuit. Make sure you have the proper electrical infrastructure before you start plugging stuff in. Also overclocking wasn't really touched on and that alone could increase your MH by 10 percent per card. You would just need to find out each cards overclock limit before it crashes.
@@Andre-jp4yt didn’t know you were a fortune teller! Did your crystal ball tell you that prices will crash? Because everyone’s been waiting for a couple years now for GPU prices to drop and they just seem to continue climbing, with retailers upping their prices to match and get in on the profit too. Doubt retailers will drop prices at all.
@@aiuwhdawiou Honestly if it weren't for this crypto boom those things wouldn't be as expensive, supply vs demand coming into play here,the rich who can afford to pay and then the manufacturing company are the ones who are profiting from this
@@MrBazukaz Lol its not even the company thats taxing they were selling 3080s for 600$ Its the resale thats going for 1-2k+ people use bots to sell out a website as soon as 3080s* become available hence why you can never find it on there website
@@aiuwhdawiou I think that'll start happening in 3 ish years honestly. And for a brief dip moment when ETH goes POS but will go back up in price once more people realize they can just mine other coins for slightly less profitability
I think you should come back here in 9 months and make sure you update your math on this to include your electric cost and some of the other things that are going to happen on your adventure.
just going to point out that the reason your rigs are crashing most likely is because you have your core clock or memory clock set too high or voltage on either set too low or temperature getting too high, your rig shouldn't crash at all, even after 7 days of mining, if your overclock is stable. Usually you want to reduce your core/memory clock or increase your voltage if your system crashes and see if it stops crashing after changing it. The risk to not making it stable is that eventually one of your cards might eventually get bricked because of it or reduce it's life span because your gpu temp will fluctuate a lot causing internal metal components of the card to expand and contrast constantly.
Bia, if your computer keeps crashing, buy some display adapters for the 3090s because it will emulate a display, causing them to shut down way less often. They are also only a few bucks each. Worth a shot. Worked for me.
Video posted 1 minute ago... 10 minute long... Comments : "great video bro" , "wow nice video" , "so much information " After the comments going back to watch the full video to see what Biaheza actually talks about:)
Its not gonna be worthless, other coins will still be minable after ETH 2.0, it's just that their profitability won't be guaranteed. Also, you can always resell the GPUs
Nice review but the electric cost was missed out in the discussion which is one of the driving factor of the profitability which will also conclude the ROI.
He didn't. He expected you to watch the other videos. In the other videos, he said the amount he makes daily was after subtracting the electricity cost.
@@oklagrowmie5587 I live in Montana and in the winter aka now I actually use some of my 3090 rigs and 3080 rigs to heat my house I don’t have to touch the thermostat.
I live in a trailer. Got 3 1080's mining. Neighbors have a outlet under their trailer on my side of the yard. it's 15 ft from my shed where i have my rig. Just ordered a heavy duty outside 6 gage 25 ft extension cord. Free electric is starting to look good. Gonna bury it and run it to that outlet when they arent home. Gonna save me $200 a month on my electric!!!
This taught us stuff, answered our questions and curiosity, research for us, experiment for us with honesty, AND entertain us all at the same time. Goddamn
Off your first video I invested 12k into mining been mining 3 months made about 4k or 5k so far then make a few more racks by reinvesting that back into crypto. I love mining
Biaheza is good at explaining most topics but if you wanted to learn about mining better then watch people like Red panda mining, brandoncoin, hobbyist miner, son of a tech, or voskcoin.
I bought a 3090 in April of this year (2021) for $3000 Australian (cheapest you can get them here) and its already payed itself off. I now have a free 3090 mining away. I wish I'd bought 6 at the time.
Don’t be fazed brother Raven is about to half and people switching to Raven it will drive the price up. People will want to hold the coin because they know the miners have to go somewhere. Everything will work out just fine. ☺️
Bro I have an 12 cards mostly 3080s. You have to tweak the settings and it and it won't crash. I've had mine running for weeks at a time with no crashes. Only stop it for cleaning every three weeks
Put some of the mining power towards the coins that will rocket if ethereum mining closed so that if it does, the coins you own will rocket without risking to much by going all out
@@biaheza something else to consider, the estimates for how much of the ETH hashrate are asics is between 40-60%. This will be removed from the equation once eth goes POS and many smaller miners using gpus will likely stop all together than research which coin to mine next. Don't get me wrong it is still a considerable amount of hash power that will need a new home but from my guess its any where from 25-40% of the current eth hashrate that will spread to the rest of the POW coins. This is a much more manageable number and would only require a few coins to 5x to stay profitable. In saying all that if ETH goes POS that will be a pretty volatile moment for GPU mining and likely see a period of low profits but after crunching the numbers I have hope for the future of GPU mining.
Dude, I like the stats and profits you show BUT you're not even mentioning your electricity bill. How much are you going to spend on electricity for those 3 rigs in the 280 days? This is very important for your bottom line!
I have 700mhs and pay about $145CAD a month. So around $1830 a month profit. As he said, you can roi much sooner if you shop around, no one pay what bia is paying, way over priced.
Electricity is important, but it really doesn’t matter. Write it off as an business expense. Going back to your question electricity is usually no more than 15% of profit. 450 a month tops , 5400 yearly
Mining is definitely not a get-rich-quick scheme but you can make some serious money in the long term. Start small and don't invest money you need back next week and you should do just fine. As far as ASIC mining is concerned you will use more electricity and produce a lot more heat. Additionally, ASIC miners are algo specific which is why Im not a huge fan of them. Also, I wouldn't worry much about Ethereum going full POS as there will always be some other coin that will rise to the occasion.
why not start mining cheaper coins now? Once the switch happens, the cheaper coin should go up as many more people will be mining it, right? you'll have a bit of a headstart
@@BobBrown. When more people mine the the coin the price will indirectly go up because the amount of interest in the coin by miners have gone up, so he is not wrong.
I just made it free to scroll back up to smash the like and subscribe button (offer ends soon)
I can’t wait to finish building my rig
Hey biatreezy 😍
Biaheza, odds you Stake my comment
oh thanks!
I hate always paying to do that!
L
I wonder how many people genuinely believe Vitaly the youtube prankster owns etherum after this video
i did ngl
Frkn told a friend because I believed it
Had to do a quick google search haha.
😂😂😂
He had me for a second ngl 😂
A lot of stuff was left out here. Make sure to do your own due diligence. Power consumption becomes a problem for bigger rigs that run on a single circuit. Running 6 3090's on the same 20A circuit would be pushing your 80 percent safety limit, and that's without anything else running on the circuit. Make sure you have the proper electrical infrastructure before you start plugging stuff in. Also overclocking wasn't really touched on and that alone could increase your MH by 10 percent per card. You would just need to find out each cards overclock limit before it crashes.
oooh and don't forget about how hard graphics cards will crash in prices when Ether start stacking
I believe he might have used auto overclocking/community overclocks on hive not sure since didn't told that.
100 mhs to 125 by overclokcing
@@Andre-jp4yt didn’t know you were a fortune teller! Did your crystal ball tell you that prices will crash? Because everyone’s been waiting for a couple years now for GPU prices to drop and they just seem to continue climbing, with retailers upping their prices to match and get in on the profit too. Doubt retailers will drop prices at all.
@@lowdaan5604 i am future man gpu prices are below msrp today 😆
With the prices of gpu going crazy, just holding the gpu’s is an investment in itself 😭
True 😂 bad news for genuine gamers tho
If I had GPU's right now I would sell, eventually the prices are going back to normal
@@aiuwhdawiou Honestly if it weren't for this crypto boom those things wouldn't be as expensive, supply vs demand coming into play here,the rich who can afford to pay and then the manufacturing company are the ones who are profiting from this
@@MrBazukaz Lol its not even the company thats taxing they were selling 3080s for 600$ Its the resale thats going for 1-2k+ people use bots to sell out a website as soon as 3080s* become available hence why you can never find it on there website
@@aiuwhdawiou I think that'll start happening in 3 ish years honestly. And for a brief dip moment when ETH goes POS but will go back up in price once more people realize they can just mine other coins for slightly less profitability
Our parents said money doesn’t grow on trees, so we made it happen.✊🏼
The Vitaly cut aways kill me everytime 😂
FT. Island Boiss at the end. Gold.
God my FOMO is always so high after watching one of your videos
Swear 😂💯
I think you should come back here in 9 months and make sure you update your math on this to include your electric cost and some of the other things that are going to happen on your adventure.
Every time this man posts a mining video the market dips or crashes
lol
Most people’s $50,000 mistakes happen on spring break in Cancun.
what do they spend 50k on?
@@adibr2020 coke
i've never seen 50k of any currency in real life
and sometimes they marry them.
My boy Biaheza 🐐 no 🧢
just going to point out that the reason your rigs are crashing most likely is because you have your core clock or memory clock set too high or voltage on either set too low or temperature getting too high, your rig shouldn't crash at all, even after 7 days of mining, if your overclock is stable. Usually you want to reduce your core/memory clock or increase your voltage if your system crashes and see if it stops crashing after changing it. The risk to not making it stable is that eventually one of your cards might eventually get bricked because of it or reduce it's life span because your gpu temp will fluctuate a lot causing internal metal components of the card to expand and contrast constantly.
Bia, if your computer keeps crashing, buy some display adapters for the 3090s because it will emulate a display, causing them to shut down way less often. They are also only a few bucks each. Worth a shot. Worked for me.
Video posted 1 minute ago...
10 minute long...
Comments : "great video bro" , "wow nice video" , "so much information "
After the comments going back to watch the full video to see what Biaheza actually talks about:)
Biaheza buying YT comments confirmed.
@@rkmh65 Video is litelarry 10minutes long tho
@@rkmh65 any video about crypto gets tons of bot comments, the creator doesn't have to pay for them.
island boy at the end top tier 🏝👏🏾
I love your videos. King of grinding.
Would be cool to see you do an update on your mining plan now that the merge has happened!
You cant make profit not worth
thanks bro for fighting against high gas prices
Love the wallet seed phrase at 1:31
Shhh
Isn't this like leeking the adress to his house?
@@minialeks123 its like him giving you his debit card and pin number
It says getting trolled you are 😂😂
The end got me crying!.... I love Biaheza so much lmao
I learned a lot from your videos throughout the years man..
I love how this man is rich as heck and still has wired earphones lol
Haha I love the Vitaly photoshops every time.
Bro it is not even Vitaly Buterin on a photo
Yeah it's the other vital
Great video, the fact that you explain the mistakes that you made is very nice. Hope a lot of people, who want to start mining will see this.
Proof of stake will mean way lower power consumption which is good for the environment.
Its not gonna be worthless, other coins will still be minable after ETH 2.0, it's just that their profitability won't be guaranteed.
Also, you can always resell the GPUs
We cab resell the GPUs at a much much cheaper price because it will be a 2018 sell off all over again
i am typing this comment withut looking at my keyboard as you said in last ..... awsm video
Worthless in 8 months... bro nailed it
Really??
Is big baller Biaheza whipping a G wagon🔥🔥🔥🔥🔥🔥 Tax benefits FTW
Another great video! *Typed with proper form*
i took your financal advise and got my own mining rig
6:00 funniest shit 😂😂 I was confusing for a split second
I was so confuse at 7:04 😂
TrynaA maKe it to the CrYpTo EyelandD.. love Biaheza ♥️
I actually thought Vitaly was Ethereum's founder for weeks because of your videos...
Thank you for the breakdown!
Nice review but the electric cost was missed out in the discussion which is one of the driving factor of the profitability which will also conclude the ROI.
He didn't. He expected you to watch the other videos. In the other videos, he said the amount he makes daily was after subtracting the electricity cost.
Draws about as much power as a small heater lmao
@@oklagrowmie5587 I live in Montana and in the winter aka now I actually use some of my 3090 rigs and 3080 rigs to heat my house I don’t have to touch the thermostat.
5:00 I thought you’d said they set up mining rigs before? Man’s used 5 times the amount of cooling paste than you need 😂
I've started my cryptocurrencies journey after your first mining video.
Thanks
how its going?
I also started after his first mining video. Got 6 x 3070’s. 6.5k aud investment. Made back 5.5k so far. 1 month till full ROI
@Lewis Walker What's Brian Ͳ e l,e g r' a ' m'
Asking?
@@slowmomma7222 enjoy electricity bill. AUD electricity prices basically make it unprofitable
I also got Into crypto mining thanks to his first video about to make all my money back in about 40 days
guys wake up biaheza posted another crypto video
I have never been more motivated to one day afford this kind of $50,000 mistake 😂
Wow rocking the ultra rare Real hard hat
I live in a trailer. Got 3 1080's mining. Neighbors have a outlet under their trailer on my side of the yard. it's 15 ft from my shed where i have my rig. Just ordered a heavy duty outside 6 gage 25 ft extension cord. Free electric is starting to look good. Gonna bury it and run it to that outlet when they arent home. Gonna save me $200 a month on my electric!!!
Haha
dude
Send me a postcard when you get your shiny trophies a pair of shiny bracelets and a new friend named buba
i wish i have that budget to build one of this rig, i have free electricity here
how do you have free elctricity?
This taught us stuff, answered our questions and curiosity, research for us, experiment for us with honesty, AND entertain us all at the same time. Goddamn
What did you learn?
@@jeromefletcher559 how to set up a crypto mining rig lol
Please please please make more videos about mining. The videos you make about them are the best videos on UA-cam
Don’t know if this aged too well…With recent crypto prices and all.
It most definitely did not
yeah its funny he didint make update videos, he was buying up 3090s at $2,500+ each for his last rig a full 8 months before ETH shutdown mining.
yoo i love ur vids and ur the guy that made me try dropshipping:)
This man Biaheza on crypto island! He’s an island boyyy😂
I don't know much about crypto but I love these videos, keep it up!
Honestly a better day when Biaheza uploads. Always entertaining yet educating! Keep up with the transparency!
Big facts.
Off your first video I invested 12k into mining been mining 3 months made about 4k or 5k so far then make a few more racks by reinvesting that back into crypto. I love mining
yeah if crypto crashes it just means u have to pay less in taxes, while keeping the same eth! win win win for miners
Banger video, learned a lot about mining you’re a beast
Biaheza is good at explaining most topics but if you wanted to learn about mining better then watch people like Red panda mining, brandoncoin, hobbyist miner, son of a tech, or voskcoin.
Kadena is becoming a great pow option. And cpu mining rtm is becoming more profitable than gpu 3090's mining
The meme king is back!👑😂
*Me watching this as I am downloading HiveOS*
“Are they spying on me?”
It can be both the opportunity of a lifetime and a terrible financial decision.
Just depends where you invested your coins...
I bought a 3090 in April of this year (2021) for $3000 Australian (cheapest you can get them here) and its already payed itself off. I now have a free 3090 mining away. I wish I'd bought 6 at the time.
what about electricity cost? Is it free for u?
You should take a look into helium mining
No door jumpscare for now, nice!
Don’t be fazed brother Raven is about to half and people switching to Raven it will drive the price up. People will want to hold the coin because they know the miners have to go somewhere. Everything will work out just fine. ☺️
We need to talk about these Vitally and Vitalik confusion memes
F
biaheza the only inspiration i need
Bro I have an 12 cards mostly 3080s. You have to tweak the settings and it and it won't crash. I've had mine running for weeks at a time with no crashes. Only stop it for cleaning every three weeks
How much do you profit?
What settings?
Exactly, you gotta chill out on the overclock if it's crashing this much
Same here, running 24/7 for the last 5 months without problems.
@@magicagrnub620 enough
Man has life on easy mode
shut up
Nope, he did hard work and worked on his businesses,
Put some of the mining power towards the coins that will rocket if ethereum mining closed so that if it does, the coins you own will rocket without risking to much by going all out
This kinda seems like a move 😳
@@biaheza Have a look at solana might help you out
@@biaheza something else to consider, the estimates for how much of the ETH hashrate are asics is between 40-60%. This will be removed from the equation once eth goes POS and many smaller miners using gpus will likely stop all together than research which coin to mine next.
Don't get me wrong it is still a considerable amount of hash power that will need a new home but from my guess its any where from 25-40% of the current eth hashrate that will spread to the rest of the POW coins. This is a much more manageable number and would only require a few coins to 5x to stay profitable.
In saying all that if ETH goes POS that will be a pretty volatile moment for GPU mining and likely see a period of low profits but after crunching the numbers I have hope for the future of GPU mining.
Or just mine the Ethereum and swap it for other coins?
4:06 My man be flexin a PENTIUM GOLD 😂
Dude, I like the stats and profits you show BUT you're not even mentioning your electricity bill. How much are you going to spend on electricity for those 3 rigs in the 280 days? This is very important for your bottom line!
I have 700mhs and pay about $145CAD a month. So around $1830 a month profit. As he said, you can roi much sooner if you shop around, no one pay what bia is paying, way over priced.
Electricity is important, but it really doesn’t matter. Write it off as an business expense. Going back to your question electricity is usually no more than 15% of profit. 450 a month tops , 5400 yearly
I can’t believe people are still using nice hash, you’re not crypto mining. You’re just fueling their gambling site with your computing power.
When money is power, you just have to reinvest into other ventures
💯
I am waiting for 3050 to launch
I love u dude u do everything that I think about doing and later bringing it to action ... u helped me a lot my dude
1:30 Nice little troll that very few will catch onto
The ending got me, biaheza the meme king 🤴
What about your power costs? That’s one of the main out goings from doing this. How much does that eat into your profit?
10-20% of profit is a good average cost. 30-40% when bear market.
doing flux nodes is the big brain move 🧠
This guy has more 3090 GPU's in his house than NVIDIA manufactured!
One of his 3090s were doing 80 mhs and some were doing 103…… gotta tune those to be doing 120 mhs, you’ll double your profit
Did you account for the cost of overhead such as electricity and anything else?
Biaheza is goals!!!
Hey I wouldn’t go into ASIC mining cause although they’re more efficient, after they stop becoming profitable they become ewaste
Been HNT mining, gonna start asic mining next
Oh my gosh, your editing!!! 🔥🔥🔥
CPU Mining is very profitable right now. Maybe you can build CPU Mining rings to mine RTM
I ain't scared. Still buying GPUs as much as I can. YOLO
Im using 25 GPU’s. My current goal is to have about 1.5 ghs. Im at a little over 800. And yes, it should be monitored daily but good passive income
if eth does actually do that then it might be a good idea to invest in other crypto for some epic gains
Mining is definitely not a get-rich-quick scheme but you can make some serious money in the long term. Start small and don't invest money you need back next week and you should do just fine. As far as ASIC mining is concerned you will use more electricity and produce a lot more heat. Additionally, ASIC miners are algo specific which is why Im not a huge fan of them. Also, I wouldn't worry much about Ethereum going full POS as there will always be some other coin that will rise to the occasion.
Anyone catch about a minute and a half in the true secret of Biaheza written on that piece of paper?
Hope you dont lose all your money ! best of luck.
did you put the knocking sound on this one? last one scared the shit out of me
That outro lowkey better than the OG
it would be good if those GPU prices FINALLY come down from this change
I can tell you didn't type that with proper form
@@Calwyd you too
This aged real well🤣I just bought another 6, Founders edition 3070s
It won't. There are thousands of other coins.
MASSIVE Giveaway LOL Shows OPRAH !! I Died LOL 😂😂
HELIUM/ HNT MINING!!!!! Would love to see you do a video on this
Me to
I really love idea of this token
Same
That’s why I’ve been mining raven coin for a while now
why not start mining cheaper coins now? Once the switch happens, the cheaper coin should go up as many more people will be mining it, right? you'll have a bit of a headstart
The price of a coin is not dependent on the amount of miners. It is dependent on the amount people are willing to pay for it.
@@BobBrown. When more people mine the the coin the price will indirectly go up because the amount of interest in the coin by miners have gone up, so he is not wrong.
Thank god he didn't scare us with the knocks today
how can I train my rats to mine for me?