Is GPU Mining Profitable in 2024?

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  • Опубліковано 23 лис 2024

КОМЕНТАРІ • 37

  • @gvader666
    @gvader666 Місяць тому +2

    What are those traiding bots and where can I get more info about it?

    • @ModernMiningHub
      @ModernMiningHub  Місяць тому +3

      Pionex Bots, I've got a whole playlist on them! If you end up signing up use code ModernMining for some perks!
      ua-cam.com/play/PLeAhKPHBomGt9648JILZyIeFu_c3BgLW3.html
      accounts.pionex.us/en/signup?ref=ModernMining

  • @25566
    @25566 Місяць тому +5

    I was making like 18$ a day ( +550$ a month) with a single 6 GPU rig a few years ago, in three months the RIG was paid off and power cost was like 70$ a month, that was so profitable and for younger me still in school it was so cool to be making what a part time worker at mcdonalds would earn by running a computer in my parents garage. I mined like that for almost two years, then sold the gpus for some extra money when they weren't making much ETH anymore.
    It is so sad that now you need to invest 10k to make basically what I did with a 1,5K rig, I wish I could start mining now that I have more knowledge and money, but unfortunately my power cost is even higher than yours and for such a small profit I rather just buy BTC. Wishing you good luck!

    • @ModernMiningHub
      @ModernMiningHub  Місяць тому +2

      @@25566 thanks brotha! Those were the good ol days hoping they come back some time in the future!

    • @HardWhereHero
      @HardWhereHero 2 дні тому

      It's actually not sad. I'm so glad the ass fell out of the mining scene. Even if I did use my GPUs to mine I did not abuse them. There is something about miners that make them absolutely stupid when it comes to taking care of their hardware. Or maybe so many people got into it because of the money and they didn't know how to care for their hardware. What is sad is seeing a basement full of 700 GTX 1080's and flex 580s all setting and just rusting out because they were used for mining and now no one cares about them.

  • @ModernMiningHub
    @ModernMiningHub  Місяць тому +2

    Things are looking up!! Are you guys getting excited for 2025???

  • @HomeownerHacks
    @HomeownerHacks Місяць тому +4

    Looks like profits are coming back a bit!!

  • @slayer21
    @slayer21 Місяць тому

    Glad you’re making profit
    i’ve been buying 3070s for sub 180 to 200$ this should be the price of a 3070 to be honest I’m mining xelis too on 2 different rigs with 16 3070s one is on free electric and the other is on a flat 40$ monthly rate in a farm

  • @AlteredComponent
    @AlteredComponent Місяць тому +3

    10k dollar gpu farm...hmm, my 12 x 3070 rig build cost me 11k...oh the good Ole days

    • @ModernMiningHub
      @ModernMiningHub  Місяць тому

      @@AlteredComponent the ol $800 used 3070s what a crazy time that was!

    • @AlteredComponent
      @AlteredComponent Місяць тому

      @ModernMiningHub for sure...the 1200 for a 3070 fe from stockx or ebay times. I really did drop over 11k in my 1 rig build
      ua-cam.com/video/nBRfwpx01GI/v-deo.html

  • @ClpBlitz
    @ClpBlitz Місяць тому +1

    Just need some solar on your roof now to offset the gpus and increase the value of your home.

  • @Alfa-703
    @Alfa-703 Місяць тому +1

    I mined various currencies. Now I started mining btc cash. Now the price of btc cash has dropped, but I think it should go up sometime. What do you think about that?

    • @25566
      @25566 Місяць тому

      btc cash is still alive?

  • @kevinkaye
    @kevinkaye Місяць тому

    Thanks for another informative video. Did I miss something in your video about Bugna and Sedra? Hoping some of the altcoins move up with the market in the anticipated bull run, to increase those profits on the asics.

    • @ModernMiningHub
      @ModernMiningHub  Місяць тому

      @@kevinkaye no any profits from those coins is likely from k1 pool referrals! Very good catch though haha

  • @ItsDude..
    @ItsDude.. Місяць тому

    Trust me this dude makes more with his UA-cam channel per month ..

  • @Rayruey
    @Rayruey 22 дні тому

    Did u break even at ur gpu price

  • @Chika-p5n
    @Chika-p5n Місяць тому

    First ever crypto related video I watched fully....even thou I don't have PC to mine with cpu/gpu lol😭🤣

    • @ModernMiningHub
      @ModernMiningHub  Місяць тому

      @@Chika-p5n i try to keep it interesting for everyone lol

  • @swamp7
    @swamp7 Місяць тому

    I think you forgot a zero...$10k is not a mining farm it's basically one rig...$100k is a farm

  • @MatthewHennemuth
    @MatthewHennemuth Місяць тому

    Your percentages may be down also because of the Kaspa that you bought.

  • @AlteredComponent
    @AlteredComponent Місяць тому

    I see u bitaxe...love my mini farm of lotto miners

  • @waynecordova1291
    @waynecordova1291 Місяць тому

    Can u set up a fractal btc

  • @rockguy5784
    @rockguy5784 Місяць тому

    Aleo is where its at currently
    Although xelis is cool too

    • @ModernMiningHub
      @ModernMiningHub  Місяць тому

      I would’ve switched to Aleo but no easy exchange to sell on!

    • @ParanaCards1
      @ParanaCards1 Місяць тому

      @@ModernMiningHub ALEO is on Coinbase is it not?

    • @Demjackets
      @Demjackets Місяць тому

      ​@@ModernMiningHubit's listed on coinbase

  • @avengethis97
    @avengethis97 Місяць тому

    Wanna sell some of them evgas ??

  • @andrewjones198
    @andrewjones198 Місяць тому

    Aleo is only going to be good on gpus until the asics arrive. So dont go FOMOing in guys

  • @avengethis97
    @avengethis97 Місяць тому

    I could of told you nope buy asics

  • @hooni-mining
    @hooni-mining Місяць тому

    hi bro

  • @ericb9511
    @ericb9511 Місяць тому

    your full of shit to say it cost you 10k for alll that

  • @claucmgpcstuf5103
    @claucmgpcstuf5103 16 днів тому

    omg man thsi is so bad . aftre 10 k all and tha wark omg jsut a fluctuint 350$ per mont omg .sle evring and man . adn nevre thri this shit agene .sle evritng toady nad you wil live ! . dodn evere sai i did not sei so ! man