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What ASIC miner can make you rich? Is buying the coins better?




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Название :  What ASIC miner can make you rich? Is buying the coins better?
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Sebs FinTech Channel
EDIT: Thank you @MiningStacker for letting me know there is an error regarding the HS3! So I was using the daily yield information from MineTheAsic for that ASIC, which apparently are completely wrong In reality the HS3 mines like 350-400 HNS per day, which would mean a total profit of almost $200,000 after 2 years if sold at all-time high, which would be about $25,000 more than buying the coinbrbrThanks for watching this video! You guys know I love my spreadsheet videos and I thought this was an interesting aspect of mining to explore Also, I know I accidentally say "private chain" instead of "pirate chain" at one point in the video OOPS!
Comment from : Sebs FinTech Channel


Hadrianos
Thank you bro for sharing this! Tbh I kinda reached the same results, but without going so deep into maths, so this is a great confirmation in my case, I'm much more confident now! brbrWill probably finally purchase some asics from CoinMiningCentral (using your code of course!)brbrBtw, one question what do you think of the new Avalon 14 and Bitmain S21 ? Will they saturate the SHA network hashrate (basically rendering usless the S19j series, for example)brAlthough some of the old hardware will be shut down after halving so many variables to consider and so little certainty 🤕🤕
Comment from : Hadrianos


Thomas Szarowski
Hi Seb, can you please share the spreadsheet? 🙂
Comment from : Thomas Szarowski


S I
This calculation doesn't make sense as difficulty increases massively in 2 years especially when the coin price go up You can't just use the current difficulty
Comment from : S I


titanandrews
You need to have a miner that is currently profitable I turned off my mini doge 2 because it is currently not profitable even in efficient mode Just buying Doge instead I’m sure all the ones you listed are currently profitable
Comment from : titanandrews


koban same
Very interesting video Do you have similar spreadsheet for GPU mining?
Comment from : koban same


Elemental Earth
Love the research Seb ❤
Comment from : Elemental Earth


Ryan Masog
Your argument about mining being safer because buying the $3,000 asic miner and the coin going to zero is false This is because a POW coin that has asics on it will never go to zero
Comment from : Ryan Masog


Nils Hult
What ASICS do you recommend that are supported by NiceHash?
Comment from : Nils Hult


Kgbsmoker3663
Would be nice to see what profits would look like if the coin also stayed at the price of today, but amazing video thankyou for the info and research
Comment from : Kgbsmoker3663


Sudboyz
Do you have a copy of the spreadsheet we can look at and tweak?
Comment from : Sudboyz


Maciej Piotrowski
Someone expecting another pandemic next year 😷
Comment from : Maciej Piotrowski


MyCinemaX
are you already calculated the difficulty?
Comment from : MyCinemaX


Dr Ush
I bought an L7 at the end of the bull market for waay too much Just bought a second L7 six months ago for about 1/3 the price of the first Now the price has dropped almost half again! Might be a good time to get my 3rd, making the average cost I've paid for all 3 come down significantly
Comment from : Dr Ush


Gemal Horne
Fantastic content!brHow do you recommend splitting your mining farm allocation with ASICs vs GPUs?
Comment from : Gemal Horne


Mining Stacker
Good stuff Seb! always look forward to the spreadsheets!
Comment from : Mining Stacker


Amplifier Gaming
Great video
Comment from : Amplifier Gaming


harold smith
if your not buying in bulk forget about your dream's of being rich
Comment from : harold smith


Just chill and relax
I have starting this months asic mining using s19 90ths I wish i make a good decision
Comment from : Just chill and relax



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