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!!
I am new to mining. Goings to get a volcminer d1 minifor doge coin and the iceriver aleo miner to jump start my mining career. Does anyone have an suggestions or is that a good start?
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.
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.
Aleo price has gone up a bit and the algorithm it's mining looks cool if my research is correct. I could be wrong but it looks like it's part of anti quantum security, so generating new pass codes.
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.
I'm hoping this is too late for Aleo. I gpu mined about 1500 aleo when it was worth something. I hate to be that risk taker. Not knowing if this project will continue to go south. I'd really like my time and investment to mean something. I'd certainly buy a few of these but right now with the state of mining and being so small, I just not sure it's worth the additional risk. Also, I feel like bitmain has got a mac daddy big boy miner out there that will crush this and the ice river version.
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'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.
Imo it's going to be the same thing like they did to kaspa, Alph and RXD. They are going to sell the units overpriced then these asics will make less than a $1 a day and you will never ROI. At the end of the day, if you believe in the coin, just put that asic investment straight into buying the coin.
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 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 have my mini bitaxe lotto miners for fun lottery won't waste my money on all this nonsense staking or just owning the coins and price appreciation is way better
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.
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!
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
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.
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 😅
From what i've learned over the last year getting into buying asics. Id be better off buying the coin and holding. I've purchased more kaspa vs mining with the Home kaspa miners. And with radiant and alph doing the same thing once big asics came out. IF the profitiability would be constant for a period of time to see at least 50% roi on the coin i would buy it. But in a month or 2 when these things are being delivered and coming online we will be seeing the profitability go way down to the point where you will never see a roi or a roi could be decades. Now if i had more capital to invest id be all over one of these asap. My ks0 ultras are mining kaspa, my ks0 pros mining bugna and sedra. rx0 and just holding on to coin to see a profit. Currently I'm more looking for ROI/Profit to keep investing. Currently the best home asic i have for profitability is the DG home 1. Just need that doge coin to pump so i can buy another big boy asic!
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!
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..
Looking hopeful
About 30 days.
@@darrenjohnson9019have you used this particular miner for some time??? How much did you make per day
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!!
i wish more people understand these UA-cam scammers who fool people and mess with their wallets..
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
I am new to mining. Goings to get a volcminer d1 minifor doge coin and the iceriver aleo miner to jump start my mining career. Does anyone have an suggestions or is that a good start?
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.
What is a good miner for a noob? Im looking just for one that would turn a profit just enough to offset the electrical cost?
Helium hotspot - it mines HNT, once it’s set up, you can monitor it using helium geek.
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
The website says it hashes at 37mh/s is that correct? A bitaxe is at 1th/s for like $200, what am I missing?
Yes. Different Coins/Projects and algorithms.
i hope this miner possibly give long term income
what could go wrong? i need to start accumulate as much more
Good Morning, you Won! Your the 24 Hour Goldshell AE Box Aleo Hashrate Winner! Please email me at thehobbyistminer@gmail.com
Just like normal. Profits will crash
I am concerns with the price of the miner.
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.
Aleo price has gone up a bit and the algorithm it's mining looks cool if my research is correct. I could be wrong but it looks like it's part of anti quantum security, so generating new pass codes.
I believe the miner will live in fear of this Pittsburgh weather that changes at a moments notice
I'm really interested in getting one of these miners but I'm concerned with the hashrate bouncing all around
Im am about to pull the trigger on an Iceriver but I am worried about Aleo sustainability
right now?
Right Now
I can’t add any more miners in my apartment it’s 80 degrees in here lol
It appears that they are setting up the program to set the standard for the best way to mine this coin.
great video
Thanks!
Is ALEO worth mining? I find doge most profitable arm outside of my solo BTC miners
It’s interesting, probably gonna wait for the ice river one though
I am at positive site of Aleo
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.
I'm hoping this is too late for Aleo. I gpu mined about 1500 aleo when it was worth something. I hate to be that risk taker. Not knowing if this project will continue to go south. I'd really like my time and investment to mean something. I'd certainly buy a few of these but right now with the state of mining and being so small, I just not sure it's worth the additional risk. Also, I feel like bitmain has got a mac daddy big boy miner out there that will crush this and the ice river version.
I think IceRiver might be better, Goldshell seems a bit sketchy.
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 aleo's All In One layer one play has good potential.
Don't risk that. Bitmain drops a big one and it's over Johnny
"Hold my Beer" - Bitmain
I think it’s going to be an Ethereum level coin definitely worth buying now
I hope so.
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.
Sounds nice, wish miners were cheaper for the amount of risk
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
Imo it's going to be the same thing like they did to kaspa, Alph and RXD. They are going to sell the units overpriced then these asics will make less than a $1 a day and you will never ROI. At the end of the day, if you believe in the coin, just put that asic investment straight into buying the coin.
The aleo asics all seem like a hard pass for me
LOOKS GOOD TO ME
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.
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 :)
Just stick to kaspa and alph. We don't need new cryptos. We just have almost what we need
What’s aleo
Goldshell being Goldshell lol. Rinse and repeat.
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!? 🤣🤣
In think aleo has potential
Good for heat at least.
odds are it will not roi , thx for posting review vid
But pay $20,000 for it.
Think this market is going to get saturated and become unprofitable very quickly.
how long will it be at 500$ a month profit.......4.5sec. lol
Hopefully longer then we expect.
More miners equals Less profit
Yeah no thanks... To anyone considering buying this asic, just don't, buy the coin instead
I have my mini bitaxe lotto miners for fun lottery won't waste my money on all this nonsense staking or just owning the coins and price appreciation is way better
100 bucks maybe
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 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!
Never ever this shi.t again
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.
More Gold Shell Crap!
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!
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
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 :)
I hope this is true.
From what i've learned over the last year getting into buying asics. Id be better off buying the coin and holding. I've purchased more kaspa vs mining with the Home kaspa miners. And with radiant and alph doing the same thing once big asics came out. IF the profitiability would be constant for a period of time to see at least 50% roi on the coin i would buy it. But in a month or 2 when these things are being delivered and coming online we will be seeing the profitability go way down to the point where you will never see a roi or a roi could be decades. Now if i had more capital to invest id be all over one of these asap. My ks0 ultras are mining kaspa, my ks0 pros mining bugna and sedra. rx0 and just holding on to coin to see a profit. Currently I'm more looking for ROI/Profit to keep investing. Currently the best home asic i have for profitability is the DG home 1. Just need that doge coin to pump so i can buy another big boy asic!
congratulations to @anishraster for winning the 24hr Miner Hashrate Giveaway. Please e-mail me at TheHobbyistMiner@gmail.com