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The current state of crypto mining 2023




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Название :  The current state of crypto mining 2023
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Sebs FinTech Channel
Do you guys like my new dual screen setup in the background?
Comment from : Sebs FinTech Channel


John Bartolini
if you had the power, the cash to invest, a sound room isolated from living, would you buy a KS3 today?? asking for a friend
Comment from : John Bartolini


Jayden Wood
Around $037 per KW hour in the UK Impossible for anything to become profitable and too much of a risk to stack imo Decent video though
Comment from : Jayden Wood


Ka Mil
I have too much elecricity from solar panels, i I don't use - i lose it So i'm thinking about crypto mining to get some money out of this elecricity What is a better idea, an ASIC miner or a GPU?
Comment from : Ka Mil


Per Rudi Danielsen
Mining Ergo 3070 x 10 (0,1 $/kWh )brPer Rev $ Cost ProfitbrDay $207 $312 -$105brbrWhould it be better to just buy Ergo
Comment from : Per Rudi Danielsen


Mitchell Stewart
What about using the GPUs for Machine Learning tasks? Such as diffusion or LLMs Surely someone is paying for this hardware usage? Or google colab have all the A100 power 😣
Comment from : Mitchell Stewart


bASIC Miner
lots of spam in the comments
Comment from : bASIC Miner


West OG Beeper
Hi Sebs, please do video about how to mine "Orbitcoin (ORB)" I have been monitoring that coin, i think it's very profitable
Comment from : West OG Beeper


FF_anime
For #COMPETENTFUNDTECH I actually personally feel that appreciations would just be less because they’re such an adorable as well as such an humble soul who actually not only understood people’s problem but also stand to help
Comment from : FF_anime


sachin
EVERYTHING THAT YOU’VE DONE FOR ME IS MORE THAN ENOUGH bCOMPETENTFUNDTECH/b YOU KEEPS GETTING ME MONEY-MAKING
Comment from : sachin


Riezo | رايزو
I cannot imagine completing this project without you bCOMPETENTFUND/b You are amazing Thank you for being there for me Not a single effort of yours will go in vain You will be rewarded for your pain Your hard work will bring you a lot of gains Well done Yo
Comment from : Riezo | رايزو


chocolatito
I truly respect and value bCOMPETENTFUND/b services and ideas
Comment from : chocolatito


trying to get to 10k subs without videos
I’m still amazed how they did it so fast #COMPETENTFUND team are wonderful
Comment from : trying to get to 10k subs without videos


Mattéo Buchet
Really need to put this out there you’re amazing and I respect #COMPETENTFUND work ethics and enthusiasm towards helping people thanks for being legitimate
Comment from : Mattéo Buchet


Rai Star
Im with outmost respect and love for bCOMPETENTFUND/b who have been constantly doing good job for people out there protecting their dignity and working through their financial needs just to satisfy human social problem
Comment from : Rai Star


GAMING KNIGHT ANKIT
#COMPETENTFUND does what he says he’s going to do and his ethics are of the highest quality
Comment from : GAMING KNIGHT ANKIT


SubhSic
I cannot imagine completing this project without you bCOMPETENTFUND/b You are amazing Thank you for being there for me Not a single effort of yours will go in vain You will be rewarded for your pain Your hard work will bring you a lot of gains Well done Y
Comment from : SubhSic


Vibx
As a person & professional you couldnt get any better than #COMPETENTFUND He is a very reliable person and an excellent professional in the IT field He is the type of person you want to work thats passionate hardworking and knowledgeable You’re The Bes
Comment from : Vibx


Fussball videos
I think he tried with all his explanation but I never found someone better than #COMPETENTFUND they’re so good to the extent that my first payment came in without much stress
Comment from : Fussball videos


ح حتءوي
The TIME and EFFORT you had put into this work that is beyond excellence Take my cordial thanks! You are really an efficient organized and result-oriented man #COMPETENTFUNDThank you for all the extra hours and extra effort you had to put on for getting t
Comment from : ح حتءوي


Kamarul
I cant tell you how great is #COMPETENTFUND regular daily updates from a great miner perspective so helpful look forward to it everyday
Comment from : Kamarul


zoy
This message is to recognize your contribution on getting me paid #COMPETENTFUND Your commitment has been exemplary and your hard work is an inspiration to everyone around you Well done
Comment from : zoy


Bao Dang
Good job deserve recommendations HONESTLY WE need more people like you #COMPETENTFUND If you had an army of people like you we could stamp out these total loss in no time I love that you are helping the victims who fall into the wrong hands too its ultra
Comment from : Bao Dang


Thomas
I think he tried with all his explanation but I never found someone better than #COMPETENTFUND they’re so good to the extent that my first payment came in without much stress
Comment from : Thomas


InvincibleQQ
A lot of people failed at what you accomplished simply because they were busy finding problems while you #COMPETENTFUND were busy finding solutions Every time you do a good job you polish yourself one more time Shine on mates well done
Comment from : InvincibleQQ


SKANDER
Your out-of-the-box thinking and unique perspective turned an otherwise mediocre presentation into a fantastic one #COMPETENTFUND You did a good job of catching the mistakes and keeping us from wasting time and by taking the wrong path Your attention to
Comment from : SKANDER


Lưu Nhật Minh
The time and efforts you had put into this work that is beyond excellence Take my cordial thanks You are really an efficient organized bCOMPETENTFUND/b Thank you for all the extra hours and extra effort you had to put on for getting this job done I appreci
Comment from : Lưu Nhật Minh


Zerofeel
To everyone here who gave recommendations to #COMPETENTFUND you have my thanks They’re legitimate
Comment from : Zerofeel


Chames mzoughui
I really appreciate bCOMPETENTFUND/b as they held on to their part of the deal
Comment from : Chames mzoughui


Ahmed Bahrawy
00100
Comment from : Ahmed Bahrawy


KuyunTuT
I have 3070ti what coin should i mine?
Comment from : KuyunTuT


Howard Dunnegan
Really enjoy your channel I'm new to mining, starting out with an open-air rig with 12x gigabyte 3080 10 GB OC Can you point me to the best pool and coin to convert to BTC? I know things are rough right now I definitely believe long-term is smart as passive is a joke right now! Kinda wished I would have gone ASICs instead to start, but I wanted the versatility of a GPU setup
Comment from : Howard Dunnegan


Mike
I have a 8 x RTX 3070 rig and haven’t been mining on for ages Paying 0,13 kWh Maybe it’s time to mine again 🙂
Comment from : Mike


Rogério Schneider
You forgot a very important variable in the "buying coins at a discount" You have to pay to play and that requires ROI, which is over two years om average
Comment from : Rogério Schneider


Just chill and relax
How to power up asic miner automatically after power loss?
Comment from : Just chill and relax


Eric Brodsky
Hey Seb, would you be open to communicating with me privately? I have an idea that might interest you regarding electricity costs I promise I'm not selling anything
Comment from : Eric Brodsky


Philippe Tredemy
Like your 2 screen setup question you said the best place to buy is coin mining central on their site they say shipping included what about brokerage fee's and or taxes i'm in canada thanks
Comment from : Philippe Tredemy


AwreckedtilethisfunctioN
I dont mine but i use 3900x and 6700xt through playing games using multi bluestacks emulator 50 windows, i earn 20$ minimum per 12 hrs by just afk my pc in that game By selling the game currency through RMT Well it has a high profit than mining and does not overuse my pc Sorry guys its not related to the mining but its a profit
Comment from : AwreckedtilethisfunctioN


krushna krushna
bro i need some help i hv a rtx 3060 and rtx 2060 super, i want to mine RXD on windows, I want to know how to write OC settings of both cards in the Bat file, I dnt want to use afterburner PLZ help
Comment from : krushna krushna


Strahinja Cimesa
I didn't get it brIf you mined 4$/day of that coin, you need to sell half of it for the cost of electric So you will have 2$ per day of that coin When growth of x10 is happened it would be like you are mined 20$/day, not 38?!? Right?brPlus no one count's if majority is thinking like this (in video) they will buy miner and network hashrate will increase so your income will decrease on let say maybe 25$ After electric bill how much do you earn???
Comment from : Strahinja Cimesa


Profion54321
Im spec mining KCN kylacoin only 21 000 coins max supply
Comment from : Profion54321


Isra
Yesterday i was thinking the same! Today is the best day to buy gpus
Comment from : Isra


unever know
Thats not a discount, thats trickery You could just spend 3500$ on that coin and be patient that your hardware won't break, also consider that next bull run won't bring you the same profits and your ROI literally is infinite If ROI of these asics was for 365 days, that is worth of investing, but 4$ per day for 3500$ 2 years for ASIC
Comment from : unever know


sife imros vlogs -v
HA---------------HA-------HA
Comment from : sife imros vlogs -v


Nathaniel Schroeder
Equipment depreciation cost You didnt figure that in my friend
Comment from : Nathaniel Schroeder


Toon Guy
what I would like to see is how much these youtube miners make mining vs whbrat they make from youtube
Comment from : Toon Guy


ImPaulsive
You're not really getting any coins in half still gotta pay taxes bruh Also, the maintenance cost and the ability to run continuously without stopping is almost impossible There will always be something and it's just a bunch of headache Not to mention when you swap coin and transfer to the coin you want, there is fee for that At most you're paying 25 less than just buying if nothing really goes wrong Let's not forget about the machine cost and resale value
Comment from : ImPaulsive


Goat City
Heat has value
Comment from : Goat City


MRgreen
x to doubt
Comment from : MRgreen


Greater Good Mining
It was encouraging to watch this video Seb! Sometimes when prices are down its hard to see any light at the end of the tunnel Thanks for the logical breakdown This is why we mine!
Comment from : Greater Good Mining


coinology
Great video Seb! What about psychos that’s mine at a loss like me?
Comment from : coinology


One Ink
Hey can a mine on solar energy Would it be profitable as passive income??
Comment from : One Ink


MineSum10
Perfectly timed video 👍
Comment from : MineSum10


NerdyWillz
"you only have to pay for power if it gets measured and regulated" - NerdyWillz
Comment from : NerdyWillz


Tommy Coin
Thats why ive been slowly expanding solar Cut off 2/3 of my kwatt usage per month
Comment from : Tommy Coin


Beach Lover
Great video! yes I like your dual screen setup
Comment from : Beach Lover


Rare soup ninja
here i am makeing 5 a day on cpus and nice hash and another 4 play rust on neoxa servers ???? as well as 1 a day in verus and liek 25 a day on unminable i mean youd have to try hard at sucking to not be profitable right now i dunno how this videos not fud
Comment from : Rare soup ninja


Mahesh Kumar Vishwakarma
Brother I'm looking for an L7 9500 mh/s minerbrCan you please suggest the best store or place for me to buy pls I would really appreciate your help 🙏
Comment from : Mahesh Kumar Vishwakarma


Malcolm Spiteri
Nobody ever mentions the maintenance cost of equipment The more hardware you own, the more likely you will experience faults, which you need to get repaired, sometimes at considerable cost For example, in one year of mining with around 50 GPUs, 3 of them developed fault, the most common being a shorted power phase I also had a motherboard and a couple of PSUs fail There are dozens of things that can go wrong
Comment from : Malcolm Spiteri


Dave Dismantled
Mine for yield on good projects Eat the power costs if/when you can HODL Another 12-18 months should tell the tale
Comment from : Dave Dismantled


306Miner
@Sebs FinTech Channel That's exactly what i was doing right after merge i was mining Kaspa on my 6Ghs rig i was mining around 2000 coins a day at that time that was like 3$ in coin a day and now its like i was mining 65$ a day !!! I did this for a weeks still holding all the coins
Comment from : 306Miner


Conqueror
Third option, which Im doing, is mining and buying crypto Holding for next bull run
Comment from : Conqueror


General Granger
mining might actually be dead this time man :D I think we're beating a dead horse here I kept everything after eth merge and yes I mined dynex for 6 months paying the electricity out of pocket and it did 4x, but that's about it I don't think it's even worth the wear & tear on the hardware unless the coin you mine today does 100x after btc halving
Comment from : General Granger


Kyle Rogers
Are transaction fees part of these numbers?
Comment from : Kyle Rogers


FOSTER Mining
Hey seb you forget to add one more thing, which is number of coins you get each day, because difficulty is lower when it comes to bear market, so you get more coins with less gpus
Comment from : FOSTER Mining


Ramblr
@Sebs FinTech Channel the voice of reason please keep us in touch crypto mining even during the hard times, others are giving up!
Comment from : Ramblr


sixtyinsix
Who's looking 2 years ahead?brbrI'm mining now looking for/purhasing the ultimate in hardware electrical efficiency on household current, selling off inefficient hardware and hodl forcasting 10 years out My electric bill is my DCA
Comment from : sixtyinsix


Ron Watkins
When computing the profit on "mined" coins, don't forget taxes You have to take both the electric AND taxes off the earnings to get the net profit My taxes are 30 of the gross revenue That can be more than the cost of electric in some cases
Comment from : Ron Watkins


L L
8 RX6600 make just a little over $1 profit per day Thats pretty bad honestly and thats at 10 cents per kWh
Comment from : L L



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