On the GPU side, the hashrate tends to follow a sine wave'ish pattern & the ASIC seems to work similarly. Hope that alleviates any fears that it's a bunk unit!
Hashrate is constantly changing. That is due to the nature of the algorithm. Basically you are solving a puzzle that gets changed. Aleo has some "features" that I am not personally a fan of. I mined it on gpus to front run the asics. Now that they are coming online, I will be moving off it and holding until price gets pumped by the asic manufacturers. People thought Aleo was a privacy coin, however, that didn't turn out to be completely true. If you were to send a transaction and leave the settings alone, then your tx will be public. Essentially, you have to pay aleo tx fee in order to send aleo from your public balance to your private balance. That is how you get privacy. Which doesn't really make it private because then you can just scan the block chain for the public tx..
No one is going to recover $3000 from this miner apart from those who are reselling it or those who promoting this miner on their UA-cam channel. Last year people were comparing AL3 to L9 on their UA-cam channel, than the Al3 hashrate goes up crazy fast and common people like us paying the price for it by getting trapped in these luxurious style promotions.... Watch carefully guyz!!
Take the money to buy the miner and just buy Aleo. You will be profitable that way. The only ones that make the most money on mining anymore are the manufacturers. They get to test mine and then sell the miner for big dollars. It is easy for them. Back years ago I use to buy many miners direct from the manufacturer and get my ROI the first month or two. Not anymore. It's great people still home mine like me but you have to lower your expectations on mining rewards. Happy Mining.
Did you see his talk with Andy a few days ago? Forecasted hardware prices, specifically L9's are expecting to skyrocket. New and used, and i'm seeing the same thing on the back end in the industry. I consult with clients running everything form a few miners in the closet to tens of thousands of miners and PubCo's, and owning the hardware on in demand algorithms is great for their balance sheet.
It's already crashed by 50 percent from 60 dollars to 30 dollars now its lost another 10 dollars per day for the AE0 from ICERIVER as more than likely they already made an AE2 Lite asic miner here that can do 2-4TH. 4 grand is too much for an ASIC miner that will be obsolete once bitmain releases their big boy miners. I'd rather stick with AL2 Lite miners and volcminer d1 mini miners right now.
We are eagerly waiting for the Ice River unit as well, with accurate pricing. All the sellers out there are speculating but we'll get it listed soon. Likely right after Chinese New Year.
I think ALEO hashrate will skyrocket and profits will tank. I’m GPU mining it until the hashrate grows too high. Zk and f2 pools have been the top 2 for a long time. dxpool just popped up when these gold shells started shipping to UA-camrs. My daily yield hasn’t been affected yet. Great video.
If the miner was priced at 1 grand I would say fine take my money but it's not. It's too expensive here at 3 grand for most miners living in homes that don't have workshop garages and sheds to mine crypto in here that RENT.
I mined Aleo on gpu for a few months and sold as I mined, I like the project and the zero knowledge concept aleo is focused on. I was disappointed to see the asics come out tho. I no longer gou mine, just asic. We know only a matter of time before Bitmain releases their monster alwo miner and the first ones become bricks... such is the life of crypto miners tho right!? 🤣🤣
If they fast track it like ALPH and KASPA then don't expect to get any money from those residential small box miners here. I read somewhere bitmain will release the big boy ALEO miner at the end of summer in 2025 here. That mean's you're only going to get maybe 3-4 months of good output in mining before you have to wait from a major price jump on the ALEO itself to mine with small box miners to justify the electrical costs of running them 24/7 here. If ALPH say for instance pumped back up to where it was in December 2024 then you could in theory still be in the black with residential miners giving you less coins but still be profitable enough to offset the electric bill you get from running ASIC miners here as running 3 AL2 Lite miners for instance makes the bill nearly 500 dollars before you factor in heating and air conditioning during the summer time as well to boot. 5 to 10 dollars a day per asic miner is what you need to aim for as a residential miner running box miners here to avoid being in the red due to your electric bill being so high. If you can't make that much money then turn them off and wait for a price pump if your just starting out here in residential mining after buying the asics on the cheap as the price of said coin is down here as this is how I made money in 2021 off of the ETH bubble when I bought my 3090 gpus at MSRP vs a scalper price.
for me, as a hobbyist, it is better to mine using the GPU and hoard the profit wait until the price doubled. In GPU, it is easier to sell it back to used market comparing to this asics based that too expensive to get and it will be difficult to resell in case the hashrate plummet.
The 5090 is 2 grand pal. Before scalpers get ahold of it making the price 4 grand. Mining with GPUs isn't the way to go here unless you want to mine another alt coin to be victimized by the ASIC makers here as I don't see any crypto coin being made here designed to be mined only by GPUs like crypto coins only designed to be mined by those residential ASIC boxes.
Worried that once consumers start taking delivery of their new boxes, the hash rate will skyrocket and profitability will fall off a cliff making ALEO the next ALPH
I don’t see how these AE miners are going to do as claimed, at least not for long. Does anyone think that they will make the price of ALEO explode? I just bought 500… 🤷♂️
I think they’re going a great direction with this one! For the price point and ROI, well worth it. I’m actually now considering one for myself, thanks for the input!
i'm done with asics from goldshelll. Great at first. Paper weight later. Rather buy meme coins stake and not have to deal with electric, asics, failing hardware or noise.
I do not know a lot about Aleo but I did take a gamble and bought two of these AE Boxes. I ham hoping to have them up and running with in the week. I did order the power supply with the miner but after seeing what they will be like I am ordering new ones.
Im hoping that with Aleo if it does stay around it may could be like kaspa, but just like kaspa once everyone sees the price for daily profit and the newer better miners comes out, these things will be obsolete very fast
My honest opinion, I think that if the barrier to entry is low enough, more and more people will get into it, which I can imagine will suppress the price. I would get a gold shell just to be part of the journey 😅
Aleo in my opinion is going to rise with the new Asic miners coming out. I have been GPU mining it for a few months now and I am hopeful it will do well in 2025.
What are your thoughts on the current state of Aleo Mining? Now moving into ASICs.
On the GPU side, the hashrate tends to follow a sine wave'ish pattern & the ASIC seems to work similarly. Hope that alleviates any fears that it's a bunk unit!
Bitmain is lurking. Don't get your hopes up too much residential miners.
Hashrate is constantly changing. That is due to the nature of the algorithm. Basically you are solving a puzzle that gets changed. Aleo has some "features" that I am not personally a fan of. I mined it on gpus to front run the asics. Now that they are coming online, I will be moving off it and holding until price gets pumped by the asic manufacturers. People thought Aleo was a privacy coin, however, that didn't turn out to be completely true. If you were to send a transaction and leave the settings alone, then your tx will be public. Essentially, you have to pay aleo tx fee in order to send aleo from your public balance to your private balance. That is how you get privacy. Which doesn't really make it private because then you can just scan the block chain for the public tx..
No one is going to recover $3000 from this miner apart from those who are reselling it or those who promoting this miner on their UA-cam channel. Last year people were comparing AL3 to L9 on their UA-cam channel, than the Al3 hashrate goes up crazy fast and common people like us paying the price for it by getting trapped in these luxurious style promotions....
Watch carefully guyz!!
Take the money to buy the miner and just buy Aleo. You will be profitable that way. The only ones that make the most money on mining anymore are the manufacturers. They get to test mine and then sell the miner for big dollars. It is easy for them. Back years ago I use to buy many miners direct from the manufacturer and get my ROI the first month or two. Not anymore. It's great people still home mine like me but you have to lower your expectations on mining rewards. Happy Mining.
Did you see his talk with Andy a few days ago? Forecasted hardware prices, specifically L9's are expecting to skyrocket. New and used, and i'm seeing the same thing on the back end in the industry. I consult with clients running everything form a few miners in the closet to tens of thousands of miners and PubCo's, and owning the hardware on in demand algorithms is great for their balance sheet.
Most buy crypto let it make money then buy asics with crypto.
I can’t add any more miners in my apartment it’s 80 degrees in here lol
All you do is sell products . lol
Seems like a good life, to me lol
What's the doubt? Infrastructure + power + hardware you will never get it back. Specially with these networks where they have pré mined for 2 or 3y
Just like normal. Profits will crash
It's already crashed by 50 percent from 60 dollars to 30 dollars now its lost another 10 dollars per day for the AE0 from ICERIVER as more than likely they already made an AE2 Lite asic miner here that can do 2-4TH. 4 grand is too much for an ASIC miner that will be obsolete once bitmain releases their big boy miners. I'd rather stick with AL2 Lite miners and volcminer d1 mini miners right now.
Everyone is waiting for the iceriver unit, the better one out the two
IceRiver AE0 looks like a great unit!
We are eagerly waiting for the Ice River unit as well, with accurate pricing. All the sellers out there are speculating but we'll get it listed soon. Likely right after Chinese New Year.
@@TheHobbyistMiner until bitmain show up and wreck the coin
I think ALEO hashrate will skyrocket and profits will tank. I’m GPU mining it until the hashrate grows too high. Zk and f2 pools have been the top 2 for a long time. dxpool just popped up when these gold shells started shipping to UA-camrs. My daily yield hasn’t been affected yet. Great video.
Don't risk that. Bitmain drops a big one and it's over Johnny
"Hold my Beer" - Bitmain
It’s interesting, probably gonna wait for the ice river one though
Sounds nice, wish miners were cheaper for the amount of risk
I believe the miner will live in fear of this Pittsburgh weather that changes at a moments notice
If the miner was priced at 1 grand I would say fine take my money but it's not. It's too expensive here at 3 grand for most miners living in homes that don't have workshop garages and sheds to mine crypto in here that RENT.
i hope this miner possibly give long term income
what could go wrong? i need to start accumulate as much more
great video
Thanks!
Tempting as I am looking to expand, but I think I am going to hold steady and see what happens. At least that is my thoughts at 1:50 today :)
I think it’s going to be an Ethereum level coin definitely worth buying now
I hope so.
I mined Aleo on gpu for a few months and sold as I mined, I like the project and the zero knowledge concept aleo is focused on. I was disappointed to see the asics come out tho. I no longer gou mine, just asic. We know only a matter of time before Bitmain releases their monster alwo miner and the first ones become bricks... such is the life of crypto miners tho right!? 🤣🤣
I'm really interested in getting one of these miners but I'm concerned with the hashrate bouncing all around
Just stick to kaspa and alph. We don't need new cryptos. We just have almost what we need
I think IceRiver might be better, Goldshell seems a bit sketchy.
Im am about to pull the trigger on an Iceriver but I am worried about Aleo sustainability
If they fast track it like ALPH and KASPA then don't expect to get any money from those residential small box miners here. I read somewhere bitmain will release the big boy ALEO miner at the end of summer in 2025 here. That mean's you're only going to get maybe 3-4 months of good output in mining before you have to wait from a major price jump on the ALEO itself to mine with small box miners to justify the electrical costs of running them 24/7 here. If ALPH say for instance pumped back up to where it was in December 2024 then you could in theory still be in the black with residential miners giving you less coins but still be profitable enough to offset the electric bill you get from running ASIC miners here as running 3 AL2 Lite miners for instance makes the bill nearly 500 dollars before you factor in heating and air conditioning during the summer time as well to boot. 5 to 10 dollars a day per asic miner is what you need to aim for as a residential miner running box miners here to avoid being in the red due to your electric bill being so high. If you can't make that much money then turn them off and wait for a price pump if your just starting out here in residential mining after buying the asics on the cheap as the price of said coin is down here as this is how I made money in 2021 off of the ETH bubble when I bought my 3090 gpus at MSRP vs a scalper price.
for me, as a hobbyist, it is better to mine using the GPU and hoard the profit wait until the price doubled. In GPU, it is easier to sell it back to used market comparing to this asics based that too expensive to get and it will be difficult to resell in case the hashrate plummet.
The 5090 is 2 grand pal. Before scalpers get ahold of it making the price 4 grand. Mining with GPUs isn't the way to go here unless you want to mine another alt coin to be victimized by the ASIC makers here as I don't see any crypto coin being made here designed to be mined only by GPUs like crypto coins only designed to be mined by those residential ASIC boxes.
LOOKS GOOD TO ME
Is ALEO worth mining? I find doge most profitable arm outside of my solo BTC miners
Worried that once consumers start taking delivery of their new boxes, the hash rate will skyrocket and profitability will fall off a cliff making ALEO the next ALPH
Oh man I hope ALPH recovers.
I think that aleo will probably grow till the first half of march as all of the crypto and then it will drop for quite a while
That’s just my opinion
odds are it will not roi , thx for posting review vid
What’s aleo
right now?
Right Now
The aleo asics all seem like a hard pass for me
Good for heat at least.
I don’t see how these AE miners are going to do as claimed, at least not for long. Does anyone think that they will make the price of ALEO explode? I just bought 500… 🤷♂️
I think they’re going a great direction with this one! For the price point and ROI, well worth it. I’m actually now considering one for myself, thanks for the input!
No Problem! Goodluck!
i'm done with asics from goldshelll. Great at first. Paper weight later. Rather buy meme coins stake and not have to deal with electric, asics, failing hardware or noise.
I do not know a lot about Aleo but I did take a gamble and bought two of these AE Boxes. I ham hoping to have them up and running with in the week. I did order the power supply with the miner but after seeing what they will be like I am ordering new ones.
Heck yeah! Goodluck! Eager to hear how it will all workout.
I think Aleo is worth buying. It will pump due to ASICs. Not sure how profitable the miners would be. I’m hoping for the best though!!
I would agree
Im hoping that with Aleo if it does stay around it may could be like kaspa, but just like kaspa once everyone sees the price for daily profit and the newer better miners comes out, these things will be obsolete very fast
I think getting in early, early batch may payoff. However I agree as big boy miners come online, could be problematic.
Think this market is going to get saturated and become unprofitable very quickly.
More miners equals Less profit
My honest opinion, I think that if the barrier to entry is low enough, more and more people will get into it, which I can imagine will suppress the price. I would get a gold shell just to be part of the journey 😅
I'm looking forward to giving it a try to see how it works
Goodluck!
Happy to help :)
Aleo in my opinion is going to rise with the new Asic miners coming out. I have been GPU mining it for a few months now and I am hopeful it will do well in 2025.
I hope that Aleo moonbag of yours pumps! Goodluck!
Never ever this shi.t again
But pay $20,000 for it.
100 bucks maybe
Yeah no thanks... To anyone considering buying this asic, just don't, buy the coin instead
I hope this is true.