The Days of Plug and Hash are Over | Erick Vera Luxor Technologies

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  • Опубліковано 1 жов 2024
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КОМЕНТАРІ • 39

  • @HenrikHvalpen
    @HenrikHvalpen 3 місяці тому +10

    Its a misunderstanding that you have to have a battery bank if you want to use solar. A power bank big enough is insanely expensive so it won't make sense, however solar panels aint that expensive.
    I use a hybrid inverter with limiter. That means it is in sync with the grid power but wont send power to the energy company. It will only send power when there is a usage, if the usage is too large it will start drawing the missing power from the grid.
    Solar gives 750w
    Mining rig takes 1000w
    Then it will draw 250w from the grid.
    Now the next thing is I have a sun sensor controlling the power outlet to my mining rig so if its get cloudy or night it will automatically shut down the mining rig. When the sun comes back it starts up. That means I only mine when there is sun and therfore keeping the power bill very very low.
    You dont need a battery bank.
    You could build a small cheap one which can last 30 minuts so it will keep it running if there is clouds.
    Thats my next project.

    • @TheChuckDanger
      @TheChuckDanger 3 місяці тому

      Following

    • @HenrikHvalpen
      @HenrikHvalpen 3 місяці тому

      Btw that type of inverter is called a
      Solar Grid-tie inverter with Limiter.
      It's not a hybrid inverter.

  • @Abdallah_79916
    @Abdallah_79916 3 місяці тому +2

    Kaspa ❤
    🎉 let’s go baby

  • @Mining_4_freedom
    @Mining_4_freedom 3 місяці тому +3

    Quite a dose of reality bro thank you! But I can’t give up my GPUS I am on the verge of learning Linux I just have to really put my mind to it. I want to learn trading bots and arbitrage trading and it would be nice to automate mining rigs

    • @Mining_4_freedom
      @Mining_4_freedom 3 місяці тому +1

      I have 2 daughters a 4 yr old that is really demanding and a 4 month old. I’m so glad that your daughter is doing better.

  • @Northernminer52
    @Northernminer52 3 місяці тому +1

    I think miners are a large part of the excitement of crypto, big corp arent. Take the small home miner out and it will be interesting to seenwhat happens. I got into mining for fun, hobby hopefully more. I dont have much interest in buying 99% of the coins.

  • @iamsoldats
    @iamsoldats 3 місяці тому

    1:01:29
    This is the reason why home mining may die. The whole “You haven’t been keeping up” mentality.
    Ravencoin is the most sound PoW project out there from the standpoint of cypherpunk philosophy. But people keep trying to make project after project with compromised principles happen in the hopes of greater short term profit. When people abandon their principles, they lose everything.
    The community should have united behind sound principles after the merge, if not before. Instead, the whole meta now is to try and cash out post-listing at the expense of retail liquidity who inevitably lose every time. This leads to new-investors becoming disillusioned and exiting the market while the miners are busy chasing their tails to try and not be left holding a bag of whatever new scamcoin was released last week.
    This industry will either stand by its principles, unite behind sound projects, and survive… or it will inevitably die, murdered by the hands of its own proponents.

  • @SaravananSaravanan-uv8hr
    @SaravananSaravanan-uv8hr 3 місяці тому

    God bless you all, I hope we all get many x returns by the end of the bull run. I am betting in 100 bucks that Cyberopolis will do 150x by the end of 2024.

  • @CryptoCookie82
    @CryptoCookie82 3 місяці тому

    Jeez. Solars expensive in USA. I got 10kw with 10kw batteries for 8000 usd

  • @varunvarun5945
    @varunvarun5945 3 місяці тому

    I´m bullish on VRA, Joystream and Cyberopolis. What do you think guys about my picks?

  • @jownbey
    @jownbey 3 місяці тому +3

    so... no cause for optimism. of course any way for the working man to get ahead just had to be crushed. glad you brought a real live leech on to show us not to trust these folks half as far as we could throw them.

    • @geoffmm2
      @geoffmm2 3 місяці тому +1

      Truly. This kind-of centralized over zealous aire of confidence from this guy is just more fuel to the value of decentralization. There are still great projects making waves. It's just not full Bull mkt yet. There may be the need for more jumping around if you want profit...but it's there. Centralized hosting whether mining, storage or cloud in general will go out of style. Nvidia can make as powerful of ai training clusters or application vendors can try as hard as they want to get you on a subscription service...but free and open and decentral values will prevail. This "depression" will pass. Flip the order books. Sell high. Value yourself, not the "organization" more.

    • @jownbey
      @jownbey 3 місяці тому

      @@geoffmm2 wise words my friend. i'd sincerely rather string my gpus back together to mine RVN than sign any variety of contract. i'd never let momentary discomfort guide me into a yoke.

  • @mgamar7552
    @mgamar7552 3 місяці тому

    My top picks for this bull run are Illuvium, Verasity and Cyberopolis.

  • @pankajarora8245
    @pankajarora8245 3 місяці тому

    You forgot to mention Cyberopolis. It will destroy other alts. Still early to ape in.

  • @elmasi7271
    @elmasi7271 3 місяці тому +1

    I give you a use for the heat.
    Dry washed clothes on rainy days LOL!

  • @andrewjones198
    @andrewjones198 3 місяці тому +2

    Sick shirt and even sicker fanny pack

  • @jkvcloud
    @jkvcloud 3 місяці тому

    home mining is long time over. I never understood all algo's which were created to withstand ASIC mining to favor the home GPU mining. Yes, i like home ming a lot too and i did learn a lot, but from business point of view (so from the various blockchains) becoming the best/survival/growth is what counts. And if that means running on ASIC, then that is what it will be.
    Why would any blockchain favor home mining on unreliable small scale GPU's over dedicated well operated and maintained ASIC farms? Only de-centralisation is something, but if de-centralisation is maintained even on these big ASIC farms, business would agree perfectly

  • @mkultra8323
    @mkultra8323 3 місяці тому

    great interview 👍

  • @radwizard
    @radwizard 3 місяці тому

    GPU mining, RVN. soooo bad, our bears are dead... black birds feed on their carcass.... if only there was a mega flock. But GPU mining.

  • @a825952
    @a825952 3 місяці тому

    dude,hold on.

  • @jeremy-lb6bl
    @jeremy-lb6bl 3 місяці тому

    At this point is seems like any coin, BTC included, is doomed to a race to the bottom/centralization if they allow asics in. They are intentionally compromising all of the basic principals that the space were founded on and promised.

  • @सुनीलकुमार-ख2ध
    @सुनीलकुमार-ख2ध 3 місяці тому

    This certainly sounds good too, but I think it's still worth considering more reliable options like copy trading platforms such as Eledator, for example.

  • @standalm
    @standalm 3 місяці тому

    Interesting to hear what he had to say. IDK if the 6 months to a year before home mining is not viable or not is true though... I would guess probably after this bull run is over, then we will see a lot of them turn off again, which kinda fits his time frame if bull run history repeats again.

  • @freefiregaming2014
    @freefiregaming2014 3 місяці тому

    Cool video! I'd like to add that there are other investment options in copy trading platforms like Eledator as well.

  • @TronSAHeroXYZ
    @TronSAHeroXYZ 3 місяці тому

    Is it over now? So who decided to change the rules?
    How is this decentralized?

  • @dayasah3390
    @dayasah3390 3 місяці тому

    I want to say thank you to the guy in the comments who recommended Eledator to me. You've been very helpful. Thank you!

  • @souravhooda31
    @souravhooda31 3 місяці тому

    I honestly don't understand why you're discussing these dubious schemes. There are plenty of options like Eledator and similar ones that are fast and profitable.