[Music] he [Music] [Music] n [Music] [Music] I was muted good morning good morning good morning everybody happy happy Sunday happy Sunday to all of you good to see automatic beats all right what tell me what was rigged yesterday tell me what what the rigging what what tell me how was it [Music] rigged DG techman Michael cartright what's up what's up good morning everybody good morning good morning good morning turn on the music all right it's uh it's time for it's time for a very serious very serious talk all right we're got a very serious live stream okay we're going to I want to I want to try to be as how do I say it unbiased maybe maybe optimistic maybe Devil's Advocate now I know a lot of people are or have been uh turning off their ice River like ks0 pros ks's k1s k2s k3m because those are are basically breaking even on depending on what your electrical cost is ksr pro is now breaking even at like 9 N cents like these if you have 9 cents or higher you I I'm hearing it I'm hearing it everywhere everyone now has been turning off uh their uh KS Zer Pros so I want to I just want to talk about why this has happened okay just just the reasons why okay like I don't think um yeah k3m is if you you had uh about 8 cents you'd be breaking even 7 cents you're profitable at 79 79 cents a day in terms of in terms of electric now I want to okay here's here's where I'm going to go into the whole positive aspect regarding Caspa mining now okay everyone that bought these ks0 Pros or ks0 or k okay KS zeros they came out back in September 2023 or August uh whenever you got first batch you probably mined your worth back especially if you did the mine and hudle Method and uh you mined the Fiat value back so you that's that's okay for those but for those that bought ksz Pros you know or let's say I don't know even the hell even the ks5 L's you know these have dropped down drastically in terms of profitability now the K5 L's at 10 cent Kow hours around $484 a day and in terms of the yield they're yielding about what I have an example here my five ks5 Three ks5 L's two k5m combined are now earning about 459 Caspa a day or about $68 a day so this has fallen this has fallen a lot now before I I I I want to I want to say that I think with with Casper mining we all understand now how how much hash rate has turned on um over the past uh over the past uh let's see I think it's gone up since August now since mid August of 2024 literally a month and a half ago the network hash rate has climbed almost 600 petahash so it has climbed up almost 2x three 2 and 1/2 x so it makes sense that how much hash rate has turned on as well as the price of Caspa has relatively been stagnant since I'd say January right uh it's been hovering around these like like uh no uh nove end of November of 2023 up until now the price of Casa has been around these levels between 10 and 20 20 cents maybe higher right around 20 21 cents so between these levels here and how how much hash rate has climbed over the past month and a half is it a fair assessment to say people's time Horizon regarding their investment in Caspa Mining and giving and judging that within a span of a month and a half that now people are saying these are not a good investment I think what What's Happening Here be within this short time frame people's time Horizon has got to be more than a year here okay so I think it's an unfair assessment to say that we haven't hit the goal long-term people's long-term goal of Bull Run you know is the four-year Bitcoin cycle going to play out next year is KRC 20 going to change the game is kaspa listing on top exchanges going to you know I I think more so recently hearing about it you know people turning off now what what could be the alternative for some people with these older inefficient Hardware well you got especially like ks3 M I think this these are these are notorious models that I think a lot of people um a lot of people have so the alternative is to either put them on solo mining or mine other Caspa Forks which is like cedra or bugna I know the I know the argument is like red P I have 15 cents per kilowatt hour I have a k3m and it's negative $543 $474 a day I you know then in that case you would be better for sure to um hate saying it but I hate saying it but buy the coin at that point because you're losing you're losing a you're losing a lot uh even with uh let's see at 10 cent kilow hour yeah GE man this thing okay so yesh okay Revenue okay what's going on here ks3 M ks3 okay I think the calculator on hash r.o is broken but uh anyways there's other Forks whether or not you find Value in cedra or bugna that then that's that's that's your own uh prerogative your your risk so I think it's it's it's we're see because of the price of casad that has been average over the past year over the past uh no since November we're hitting up almost a year now the price of Caspa hasn't gone up drastically as to what the network hash rate has done over the past month and a half so that's why we're seeing these miners ks5 L's ks5 M's The Profit even the ks5 even the bit main ks5 Pros these have fallen drastically in terms of profitability but because of the C Cas the the price of Caspa hasn't appreciated to follow kaspa's hash rate here it it it's been it's been pretty average it hasn't really gone up as much as versus what the hash rate has done for Casa so for people that have invested in this I after a month and a half of or after two months of these miners of coming out is it a fair assessment to say even in the short time frame that it was a bad investment tomorrow Casper could go up more passpo could go up higher it could pump it could pump I I don't know right these are questions that I think are it's unfair to say that it was it was a bad investment I to be honest I have been pretty I I've for the past year and a half I think I have been pretty negative regarding C I'm going to do a poll I'm going to do a poll here I maybe maybe the term is not negative but I've been I've I've always talked about the risks regarding buying you know Casa A6 and I've always been kind of pessimistic so I'm going to do a poll here have I been pretty negative on Caspa mining over the past year yes you have and uh no you have not uh you talk about the rest and that's good we add another option do were wrong okay start a poll all right I want to see what you guys vote here the technicals screw you technicals screw you what's up man just kidding neon red pen mining everyone was was been very negative and this time of has shown everyone was wrong including me see neon see this is this is where okay everyone who got into Castle mining over the past year and a half uh especially uh 5 months to a year and a half ago did great you got your money back you generally got your money back again if you did the mining hle method but now over the past three to 5 months now if you bought Casa miners it's like okay the price of C but hasn't really gone up okay from like 12 to 15 cents over the past 5 months couple months but the hash rate has climbed up incredibly much higher much way higher than what the price is doing so is it an unfair assessment to say especially people's long-term goal your time Horizon has been it's not even realized yet because we're it's not we're not even in we're only in a couple months in it's it's it's just interesting to say that because you know we've had many times when an an Asic that has been turned unprofitable then you know the Bull Run comes about and then these Asic become super profitable and then they turn into they turn they sell them for much more but now okay kaspa is a different story you can say because kaspa's a mission schedule etc etc maybe in the Bull Run Caspa may not go up so these things may not be profitable maybe KRC is going to fail maybe the you know listing cmon big exchanges isn't going to do anything you know all those things could happen but maybe they could who knows who knows all right I'm going to talk all right the poll all right I'm pretty surprised about this I'm really surprised about this poll 60% of you say you talk about the risks and that's good yes you have fet no you have not I have not been negative on Casa yeah say 18% of you say yeah I've been I've been I have been negative I have been negative on Castle mining I I I think I I just we haven't realized the bll like we haven't realized the the bll run yet I feel like like you know these these altcoin these altcoin season like pumps haven't been realized yet so I feel like it's it's an unfair assessment to say that these these miners haven't been haven't been good so I think and from my past experience I should have on many different coins like like zcash or horizon or like those eash A6 like I should just kept mining with them even if they even if I was losing money I would have yielded a crap ton of the coin and I could have made out really well uh nervos is one I regret nervos I had I had a K7 I kept mining in the nice hash in the BTC uh but I should have been I should have been mining the ckb and holding it right I should have I should have been mining and holding it over the past who knows how long cuz ckb nervos went up right um yeah another another case uh what Z yeah Z I talked about zcash the eash Asic you know I should have been mining and holding for a long time with this minor back in 2019 uh kadana was a whole other Cadena was another story I mean that was pre pre massive 2021 but the kadana A6 came out uh 20 November 20120 okay I should have huddled all that kadana I would have been a millionaire um what other another example uh I mean Litecoin Dogecoin Dogecoin A6 the L3 plus the Infamous L3 plus being sold for like 50 bucks Bull Run came about and boom those things were worth uh uh 3,000 upwards to $3,000 I'm not saying this is going to I'm not saying the same thing is going to happen with these Cas A6 but I'm I'm saying that there's there's potential okay there there there's potential for that to happen if if if all all the whole Caspa Community believes that Caspa is going to go to a freaking dollar okay then think of it this way the the the ks5 L's KS the one k5l that I have right now or three of them it would be how much are they mining right now how much is a ks5 l earning right now ks5 L it's like your mining let's see 83 Caspa a day that's like you're mining $83 a day okay that's how you think about it if you're Mining and holding that that's that that's how that's how some people are think that's how we think about it especially with you know crypto mining so it's a long-term game okay our long-term investment goals our time Horizon here is like at least a year or two out not 3 months in okay it's like Cry Me a River everyone like we all bought these miners a couple two months ago and now they're all like you know they were $4,000 now they're $2,000 you know the the prices of these Asic miners have come down drastically because the price of Caspa hasn't hasn't gone up at all much really hasn't really moved since like re realistically November December 2023 it's been around these levels for a while and then Casa's hash rate though has climbed almost almost three times from yeah 400 350 petahash to to over we're now over ex aash so you know John English Tech the salt in the all right I'm ready to all right let's let's read the comments time let's let's read the comments this is it this is what I this is what I live for right here all right this is what I live for right here okay 200 viewers 42 likes smash the like Bros let's go all right here we go all right uh let's see here all right I'm reading all the I'm going to read all your comments here technicals I'm going to buy that available ad space to advertise just buy the coin uh yeah I mean two months ago I did say to buy the coin okay instead of the A6 for Caspa two months ago I did live streams on that uh we did some theoretical math on that you will never you will never mine the Caspa back versus just buying the coin the same yield if you were to just buy the coin you know a couple months ago if you're buying ks5 L's ks5 M's um anyway uh but like I said um you could still you know we we haven't had price appreciation for Caspa Within These past like really over the past 8 to n months Caspa has been really between 12 and 20 cents so uh Panda I bought mine 9 months ago and no I'm down $250 Yousef puts are you still holding all that Caspa you're still you're still at 14 C Caspa so if Casa went to like 20 cents I bet you you would already be break even think about it you do the math you do the math there uh Boris XJ my pros and Ultra have been on bugna and Centra over the month on each I think better option than Casa with such a low yield uh Boris xgen and yeah yeah yeah cedra bugna seem to be doing decent technicals a all these Panda Sims damn you technicals all right I'm going to keep reading all this as much as I can uh Panda you had 10 KS zero giveaway you call that negative uh yeah well that's different if you if you if you watch my videos if you watch probably majority of my Caspa videos all the as6 I mean you you understand uh anyway um unknown are what makes mining fun you know everything we talk about here you know it's every every every time this happens every time an Asic becomes unprofitable becomes you know negative and people are not you know not making any money on these things anymore they turned into bricks it's it's happened more times than not that when the market turns around and everything goes up five tenfold and then the Asic becomes profitable again like Caspa would need to have a pretty like Caspa would just need to have a two Cas if Casa went to 30 cents if Casa just went to 30 cents like then the k3m let's see how much does it make right now $6.38 so current at current difficulty but if Caspa just went up you know amazely 15 cents from here 2x from here then the profitability would be at 10 cent Kow hour mind you a dollar would be positive uh I need uh let's see electricity is 860 so income income would be sorry income would be 12 if everything went double the price of Castle went double it' be $12 a day then we would be profiting about $4 a day okay once KC 20 releases later this month unfortunately meme coins can be built on KRC 20 there should be a huge Spike I think I would think anyway stupid meme coins could make that much of a difference yeah yeah me CS all right I'm I'm scrolling down uh mine Capital how much money are we spending today uh nothing nothing absolutely nothing Dan ker says red P of the ks Ultras are so cheap now with almost no operating cost it's definitely worth the risk and that's that's where that's where I talked about earlier I think you know turning the ks Z Pros KS or ksz Ultras even the pros like I have you guys know I have a I have about 15 of these ksz Pros I I'm going to do a video of turning them into solo miners that like at that rate now I'm you know my electrical rate the mind you I'm about seven or eight cents so yeah I'm I'm not earning anything really mining with these KS Zer Pros I think I'm going to turn him into solo miners so chump change says Kasa will melt faces unlike ravencoin Chum change I'm going to I'm going to take a screenshot of that and we we'll see my friend we shall see we shall see Raven coin oh my goodness good old Raven coin uh okay uh let's go down here um pass okay I I want to read more of your guys' comments Michael car gek all trades are you Gall trades how are you man are you feeling better um Dan how much money Steve Smith you should have mined ckb since 2021 using those gold shell A6 K7 mine 200 200k ckb and my gold shells mined 2 million plus CBS Steve Smith I know Steve Smith I know again I know hell even the CIA coin as6 did well if I I turned my cost basis on my seia coin during this pump here was like was like $1,600 it turned into like9 or $10,000 of seia coin so those gold shell HS lights or the gold shell SC light they all they all made money they made its money back mining in the bare Market making nothing like they were I was barely breaking even on electric on those and then boom the price went up it so I'm not saying you know I'm not saying that's going to happen to kaspa but you know if you've been mining and holding which is which is the Pinnacle crypto mining strategy of Our Generation is is it going to play is it going to play out is it going to play out for Caspa who knows who who who knows but the the network hash rate for Casa has climbed so much and so and the price of Caspa hasn't it it really hasn't it stayed around these levels over the past 10 month uh 8 to n months and so it makes sense to as to why now we're seeing these you know ks3 M's KS Z KS Z Pros not be not be profitable but like I said kaspa just needs to but Casa needs to go up to another 2x here another like to 30 cents and these miners will be will be good again these miners will be good if casell just went up to 30 cents uh Yousef puts I never saw you talk about CA Oh yeah we did a live stream yeah we did we did a live stream uh just look at the hash r as someone who talks about good and bad of the coin than a shill or a hater I would have someone talk uh I would rather have someone talk about a good or bad of a coin than a shill or a hater uh Frozen crypto yes yes yes yes I agree I agree um Steven say r m stacked my co wallet yeah uh okay um retro mic I will liquidate all of my assets just a pum please no uh CH change I I've hadish luck solo mining with the ks uh on the ks zeros yeah so yeah crypto mining Casto mining solo mining you know a lot of people are attemp are attempting to to play their luck on that one not everyone's going to win right there's winners and losers zero some game crypto mining is a zero sum game so there's going to be winners there's going to be losers not everyone's going to be extremely lucky solo mining so now here's here's my okay here's my thought process now so it's funny right my my in in theory in theory whole theoretical investment of these three ks5 LS and two k5m I started this we started mining August 1st okay brand new address we did a theoretical we're going to do a theoretical real test here not theoretical real test um I started this test August 1st with a we have a $30,000 Asic investment so far we have mined 46,000 $4,600 worth of Caspa since August 1st so about a good month and 8 days ago we have started this test we have now have 31,000 Caspa if Caspa went to a dollar tomorrow we would break even on this tomorrow obviously Caspa is not going to go to a dollar tomorrow but I'm just saying we have now we have we have yielded 31,000 Caspa so over it's funny to think though over the over the past month and over the past month and eight days since August 1st you know this $330,000 investment here I could have waited a month and 8 days or a month actually literally a month actually less than that for the price of ice River to come down to 2,000 so how many more could I have bought 30,000 divided by 2,000 give or take I could have I could have bought 15 I could have tripled my my Hardware investment within God that's horrible God damn it I could have bought 15 of these ks5 L's now after a month the how drastic the hash rate has climbed within a Spanish of 2 months over 600 p x 600 pet a hash and the price of CMA being stagnant really over the past 10 months 15 ks5 LS currently at five currently making what a day about $112 in profit a day2 the revenue that' be $180 uh mining a day versus my $68 that I'm mining a day so I had a $30,000 investment then now that's turned into it within a month and 8 days it has dropped comparing if I were to hold it another month another month and a half another month and a bit I'm I'm within that month and 8 days if I invested that same amount I could have made I could have be making I could be making like a $120 more just by waiting a month Jesus Christ uh Dan cus kusak unfortunately with Bitcoin dominance so damn High unless it performs next to nothing performs we need Al we need alt coin season I I I agree yes I agree Pocket Change why was there just a SpongeBob commercial on here LOL random what SpongeBob commercial Pocket Change how are you Asic oems hate us hate the project and want our dirty fat that's that's what retro mic taught me retro mic has also taught me that crypto KJ red pen mind this is one of those live streams where you fud and then the next day go and buy 10 miners for it uh Krypto KJ yes yes that's uh no no definitely not definitely not I you know what's funny nobody you know what's funny when everything was profitable everything was mining and profitable these KS uh these uh ks5 owls are making like upwards to $30 a day or something like that right uh no if we go to Asic minor value actually this is a better this is a better this is better it's just funny it's just funny right it when these things came out um I think first batch was like people were getting them in July right they were making $30 a day now they're making $7 a day at okay now they're making no at like realistically like at 12 cents kilow hour $3 a day so within that span you can see how drastic you know the hash rate climbed right 600 p a hash and the price of Caspa has been stagnant and on top of that right the uh aggressive emissions schedule the 5.6% drop every every month it's it's it's it's just it's just getting worse so we we we we need to see the price of kaspa to go up we need it to play out in order in order for in order for our long-term goal to play out like that's that's it that's really it that's really it Stephen do you have a KS file hosted by Ice River how's that going yes I do it's been going okay it's been it's been decent but they've had some uh they've had a a few I think I counted four last month four curtailments uh four times they turned off for about like seven to 12 hours in a day so that happened four times they did refund people for the electric so that's good so but [Music] it's lucrative in the first month maximum then all these as6 are just electronic waste gold ESD I again I think a Time Horizon hasn't been realized yet what I mean by that is the we're it's been only a year it's literally been a year really since all of these as6 have come out for for mining Caspa if tomorrow the price of Caspa just goes to 30 to 40 to 50 cents tomorrow we all we're going to we will we will all backtrack we will all you know what's that Meme here where's that Meme uh here uh changing hold on let me let me here here here this one right here uh how do I open this up uh open in a new tab all right all right Caspa Caspa goes to 30 to 50 cents tomorrow the tomorrow or in the next couple months hell even in the next half year th this is this is what you're this is what's going to happen I guarantee it every every single time it's like bare Market mining or with this goes with anything actually this this Meme here will literally go with any GPU like argument GPU mining argument or even Asic argument all right every time all right people's goals or like just short-term goals versus long-term goals you know short-term mining versus long-term mining whatever your comment is during that that time of when oh it's not profitable anymore oh you're not going to make any money doing that it's the coin's dead it's going to zero and then all of a sudden in the next couple months or next year it just it it it's it flips and then then your perspective is going to change okay you're you're you're going to you're going to realize it's like damn the same thing I just talked about earlier I should have been mining ckb on my K7 straight I should have been mining zcash or horizon or pirate chain on my z15 n z15 Pro for the past four years I should have I should have been mining and holding like a bunch of other stuff like you see in those longer time frames three to four two to three to four years of Mining and you see the swings of crypto during those times that's when I say that is when you can um judge the project or judge when you've boughten an Asic over the span of a year I don't think it's fair to say that with Casa mining as6 yet I I just I just don't think it's fair to say that and I'm I'm saying that from just from my just from just just thinking about previous history of Asic mining okay there's been times yes many times of a lot of ASX turning into bricks but there's also been many good times of when a lot of as6 have turned into profitable machines again it there's there's been there's been e and flows in crypto I mean we all understand the Cycles the market and all that stuff it all it all flows with that so this Meme here man this meme man I I this one I I can this one relates so much to just everything Krypto KJ red P of mining I promise KC will pump price screenshot this all right I your your guess is as good as mine I'm all for it I'm all for it if it does great if it doesn't well make sure you got an emergency fund make sure make sure whatever money you're investing I mean everyone knows this already if you're whatever in money you're investing in as6 or any type of risky investment I mean just make sure you got enough money for a rainy day okay raal Marquez RPM for Al happens the same or not leum is another great example yeah we have we haven't realized the long-term goal of mining it's not mining is not get is not get-rich quick scheme you see this is this is a lot of things that this is something that I think a lot of people fail to realize it's like oh I just bought this Asic 3 months ago and it's it's now making a couple bucks a day but like the whole point of it is to mine and hold the coin for long term he your goal your long-term goal is to wait for the higher price appreciation of the coin whether that's on alium Hell or that's even on radiant for for all we know holy crap R radiant is doing some funky things recently because of the Asic announcements so whether or not this is a manipulated pump by uh Asic resellers I don't know or people just buying it in buying the the uh coin because of the news I don't know we shall see but it's the Wild Wild West man it it mining is uh is a long-term game G in my opinion it's not a short-term one I've shown plenty of examples many examples of Mining and holding and waiting for Price appreciation and then I also showed the cost basis like if I were to sell every day into Bitcoin or sell every day into cash I wouldn't have made as much if I were to just mine and hold the coin granted maybe there's been some times where I should have sold and there's maybe some times where you know maybe I should have sold in a different time or or that time or this time you know it it's hindsight 2020 of course we all we all like selling and Mining kaspa at Daily so far from my testing has proved to be a bad crypto mining strategy Mining and selling your Caspa every day is a bad or has been a bad idea over the past year and a half I've proven that already I've done real ks0 Pro ks0 test k3m mine and huddle tests I've proven it I have proven it now okay see now people are I'm seeing the rip k z Ultras yeah I mean these see we're in this time frame now but mine and hold okay you're there's no point selling now mine and hold you your long-term gains have not been realized yet okay I'm not saying Casper going to keep going up I don't know but I'm just saying if you're you you have these C if you bought a Cas Asic recently over the past couple months don't be so quick to think that you have a bad invest you have you it turned into a bad investment okay don't be so quick to change your thought process of that it's now a bad investment you're it's only been a couple months it's it's literally only been a couple months you you haven't realized your the long-term potential here of of Caspa or negative I don't know if kaspa is going to keep going higher or not I don't know so that's the risk that you were willing to take when to buying these as6 um you you honestly believed you you you if you bought Caspa A6 over the past couple months or even hell even over the past year or two you obviously believe in kaspa so don't be so quick to you know be pessimistic on your investment over the past couple months you you haven't you haven't realized the long-term goal yet you have it's not we haven't been there yet okay Casa's chart has been such has just just been trading around these areas over the past 8 months so if if it goes down further sure it could go down further if it goes up from here goes higher who knows krc2 exchanges I don't know nobody knows but that's the risk you're willing to take about all these things okay so devious me says you say it's not a bad investment but you will never get the same yield yeah exactly I I already said this we already did live streams lot we've all talked about this already mining buying the coin would have been better would have been better would would have been a better investment than uh buying a Caspa Asic a couple months ago it's it's no-brainer no-brainer because of the aggressive emission schedule so I think but it's still not this it's but it's still potential the the Caspa Asic you bought over the past couple months could still earn its Fiat value back all right it could still earn its Fiat value back and it's only been a couple months okay just wait till next year wait till a year wait for two years like we just just wait okay like there's there's no point there's no point doing this okay now all right you're all bullish on it when you first bought it then you you switched your you you switched over and say ah this is a bad investment it's only been a couple months okay all right just just just wait all right you you you you've invested this much already if you started as a business put it against your taxes depreciate the minor hopefully you have other income coming in but otherwise you know I mean you should have you should generally be I mean the ks5 L depending on your electric should still be earning uh profit so you can put that against your taxes now oh man let's read the comments now uh I don't care about mining yields on cast just staking the coins hope I don't lose my I don't care about mining yields on Caspa just staking the coins where you can stake can you can you stake Casa I I don't think so can you can you stay Cas I don't think you can stay Casper I don't I don't know what you're talking about um I have my kser ultra solo mining on cast and Sandra that's just with every coin these days DBS me I mean yeah that's that's what I said that's what I said earlier but I think I think the biggest yeah I should show this I should really show this my biggest like big picture you know thinking here is just looking at where Bitcoin is and yeah you're someone said it earlier Bitcoin dominance yeah Bitcoin dominance is extremely high right now altcoin dominance is in the in the crap in the crapper so you know I think like I said it it's you can't say that you have you have had a bad investment right now with the castle mining uh especially especially over the past couple months not like past year and a half I'm not talking about those that bought early those that bought earlier did well because again there wasn't much hash rate during during pre August 2024 you can see here pre- August 2024 we were under 400 pahh and we were slowly climbing about 15 to 20% month over month in terms of the Casta Network hash rate it was climbing great nice and slow but then as the price of Caspa also price of Caspa has been has been pushing up pretty good over the past over the past year and a half so relative to the casa Network cash rate how much these things were mining people were generally able to get their investment back but now now since July 14th c network hash rate has climbed almost 600 700 petahash in a span of a month and a half I mean that just that that just makes sense to as to why these things now have dropped incredibly H um incredibly in terms of the profit okay so just understand though all right this is where I talk about the long-term goal is just understand that try to mine and hoddle all that all of that that you can I guess another thing is bitm has sold a bunch of those ks5 Pros it looks like so all right and I'm speaking to the people that only bought the castle miners now okay you're at you're already at that point of no return so you're if you're trying to get rid of your sell your miners now I mean you've I mean within a short span of a couple months you just haven't you haven't you haven't realized those long-term a long-term goal okay you just haven't realized it yet your your time Horizon hasn't been realized yet so to be so quick again to be so quick to change your to change your goal what you wanted to achieve is is is shortsighted it's it's extremely shortsighted I I have to say and and if Caspa goes up let's say in a couple months or even a year it could be could be a long time or maybe it could never go up then you know the conversation we had here today either way how we look at it it's like man you know it's what we talked about could be true or or false who knows Nelson's crypto says you'll never real you'll never realize big goals if you give up quick exactly if you give up so if if you have a short-term mentality in crypto mining you're going to fail so hard I've seen so many crypto miners give up right away it it if they're unwilling to try to keep up with you know trying to accumulate and they just try to sell off everything and they lose their initial investment that's it like that they're done right they they're not thinking long term okay crypto mining is seriously not not a short-term thing it's a long-term game okay Nelson's crypto says short-term Horizon in any investment equals destined to fail everyone just wants to get rich quick uh exactly ex exactly exactly and I found anyone who's been long-term in mining not saying I've been and again I've had ex I've had so many fails in crypto mining I missed out on ckb I should have been mining and holding ckb I should have been mining and holding my Caden I should have been mining and holding like zcash with my z15 and Z dude my C15 Pro back in the day I think was mining like 0.5 or One zcash A Day that was like I think at at current at current value at z15 zcash is worth how much right now $27 okay so if man at one point the network hash rate for zcash was was extreme I don't have it up here but there was a time when yeah zcash was really pumping up here recently anyways there are numerous examples of of Asic miners that have come back and they if you were ultimately trying Mining and breaking even at least Mining and holding the yield of the coin and just waiting for the coin to go back up in price that has happened way more often than not okay it has happened more often than not and I wish I I did that um ethereum classic is another example actually ethereum classic okay who has been with me since 2018 who's been with me crypto mining since 2018 when I started my YouTube channel I know I know I got I I know I have a couple people here uh since 2018 Carl m i see you good sir Carl M you are my under 2,000 subscriber member and giveaway dude car Carl M techman you you guys remember do you guys remember when we gave away we were giving away like couple hundred ethereum classic we were giving away ethereum classic like it was nothing we were mining ethereum classic in the double digits daily you guys remember that we were giving away like man I think I talked to I talked to Boris I think all together I think we've gave we've given away almost 4,000 ethereum classic I think at one point that 4,000 ethereum classic was worth like okay 4,000 ethereum classic right now is worth $70,000 we we have given away an F ton of ethereum classic and at the peak I think at the peak when ethereum classic went up to $136 this $4,000 bag was worth we were crying we were literally C literally crying 5 $544,000 we've given away in ethereum classic since like 2018 we were just giving it away like mad remember when ethereum classic was like I think like a couple bucks we were like yeah we're giving away like a 100 bucks on ethereum classic you know like $1,000 in ethereum classic and then like it oh God man we we screwed up we we we screwed up hard techman thank you for the 53 months man I wish I didn't change my name I lost my membership time do you do you guys remember that you guys remember those times dude dude if we if Man ethereum classic if we just mine and held all that dude it if we didn't give it away if we didn't give away that that all that ethereum classic man dude I I'm just I'm just crying right now just crying right now so so just not speaking of like just like Mining and holding like I'm just again time Horizon your long-term goal guys people that have gone into mining just we haven't realized it's been such a short time it's only been a year it's only been a year okay don't be so shortsighted don't be so like just don't change up your goal okay don't lose sight I know it can be very negative sometimes but like I'm telling you things like this like I just told you like times when we were Mining and should have been mining and holding that is when you start Mining and holding because when the good times come around it's it's going to come hard okay and when you see those prices of the coins that you are Mining and holding go up hard you're going to be like you're going to realize you're going to have that realization okay you're going to have that realization we should have been we should have thought better we should have thought more like the goal of your long-term game holding the coin holding that asset you know like fully electric playing this game you need to understand two things when mining you need to mine and hold when buying the coin you need to buy low sell at the sell at the point you are comfortable with uh fully electric I I wholeheartedly agree with you and that is the hardest thing to do mining like I said I told you guys I've had many fails I failed kadana I failed on ckb I failed I I failed on ethereum classic I I think I sold majority of my ethereum classic not during this time but when you know when we were Mining and like giving away a crap ton like I gave we gave away a lot okay we gave away a lot of ethereum classic but like I have many examples where you know I should have just I should have just held it all you know there's been so many times when like the coin just just ultimately went up and I failed I failed at doing that so Pasa I I think not not Financial advice but like this is why but I'm majority in now and holding okay like I I showed you here I'm Mining and holding on these big boy Miners And if if the whole the whole idea for kaspa is to go to you know extremely new all-time Highs but I feel like that's only going to happen when Bitcoin is going to Garner a lot of uh market cap SO waiting for waiting for Caspa or waiting for Bitcoin to do its thing as well mind something what's up man can we do oh where did here it is can we do the math to see when transaction fees would cost to send cast for ks2 to be profitable at 10 cents can we do the math to see the transaction fees would cost uh what to Mine Caspa what to Mine Caspa uh right here right here potentially I think uh a ks2 does what a ks2 is two terahash at how much watts 1,00 Watts at 10 cents right now it's making negative uh 87 cents so if Caspa wait this is they're doing it by BTC value God damn where's the exchange rate oh exchange okay we got to change the exchange ah they don't have the C but damnn it that's a that's harder I got to change the exchange rate for they're doing it by Bitcoin uh the Bitcoin pair Bitcoin Casa pair that's amazing Casa block reward is 87 Casa per block right now retro Mike just change the block reward amount until it becomes profitable okay change the block all right let's try it let's try it 87 Caspa per block so how much how much extra do you think how much extra do you think would need to be profitable for Kasa okay so n Let's do let's do 95 castle that would be an extra eight Caspa 95 negative 69 cents at 10 cents kilow hour uh what was the okay what was the block reward during the initial KRC 20 that when it when it first came out I know we saw I don't remember how many how much were the blocks uh how much were the blocks then I I don't remember what do anyone remember was it like 150 200 Casper per block at one point like 250 200 I I don't remember does someone have a does someone remember how much uh the blocks were during those times somebody give me give me some numbers give me some numbers icy flow says 130 okay 130 fly electric drop the fee from 5% to 1% that default is no good oh yeah five whoa 5% fee holy crap okay I'm changing that to one um all right icy flow says 130 all right let's try 130 okay so 100 okay so 130 Casa per block on a ks2 at 10 cent Kow hour would be about 24 cents profit uh M something estimated rewards a day 21 Caspa a day oo I would at that point I would change everything to solo mining I'd like I'd try my luck everything the Sol during KC 20 all right everyone during kc2 everyone go solo mining rude puts uh no I don't think it ever went that high have hit 200 GPU blocks s sometimes 200 GP you back in the day s sometimes back in the day hey I I do recall seeing like a 200 Caspa block before uh during the KRC during the KRC times KRC 20 when that released um so dollar then making a191 holy smoke $191 H then a oh man a ks5 l could be making like 21 it would go back up to $21 a day at 10 cent kilowatt hour yeah that would be that would be that would be Insanity that would be that would be Insanity mind something says thanks I am curious how much transaction fees will be once 95% of the cast will be mine and if it will still be cost effective for people to use the network yeah mine some 10 see that's where I think H you know greater G mining I just saw you earlier greater gr mining what's up bro greater good mining how are you man Hello friends greater good mining I saw you bro how are you man ah greater good mining we got we got to talk we got to talk we got to talk we got to talk I miss you man um uh okay so where is the no there was another okay Caspa okay hold [Music] on here was it this one dark mode please holy crap um what's it going to take well what's it going to take for Caspa to always okay transaction transaction count okay all right so uh K all right when uh when did kc20 come out July 1st krc2 came out July 1st am I am I right is that right and then it they reverted back right is that when it happened I'm I'm trying to remember I don't I don't remember Max voltage good sir good morning good sir uh okay does someone remember does someone remember when KRC uh krc2 came out initially was it July I I don't remember I'm assuming this is when it came out cuz the transactions went up to 1.5 million transactions from 117 118,000 uh to 100 uh 1.5 million yeah so that's that's a 15x in transactions ho holy crap I didn't realize that that that's a 15x in transactions holy smoke man wow that's insane that's insane actually uh active addresses over the past 90 days okay so all right yeah look at this active addresses on July 1st 55,000 addresses we're participating in krc2 um before that it was averaging between n 20 and yeah 24,000 active addresses so yeah I mean yeah a good a good amount of people were were participating um but mind something yeah you're right about like is is it is it going to be able to sustain you know I I I don't it's hard I don't know like yeah people talking about putting meme coins on krc2 like that's obviously going to be it's uh the uh I bet that'll be huge probably that's going to cause a lot of a lot of transactions so then the miners will be able to benefit from that um when uh if if and when that's happening soon actually I heard I saw a tweet about that uh kc2 didn't shy the sh shy the sh shy shy the Shay didn't he announce uh did some didn't somebody announce uh kc20 release like is like next month oh clex clex clex clex clex um uh in less than uh clex in less than 48 hours we have seen nearly 14 million transactions on tn10 what is that energy and C Flex at a glance KRC number of KRC 20 transactions 13 million whoa what is this 13 million 306 tokens to is uh deployed holy uh kc20 updates uh we have nearly finished all the work of cplex indexer and we're waiting to do the stress test uh with the release of RBF and dynamic fees you can now experience kc2 on tn10 Via Casper bot and cwar wallet okay oh this I'm assuming this is their yeah their test net test Net 10 okay why was I like brain lock there yeah this is test net test Net 10 okay I I wish they would just put test net there so it wouldn't like confuse anybody like uh this is exciting news for cmic steam so this is okay so on their test net they've they've succeeded at 13 million trans KC 20 transactions gas fee paid 15 six almost 16 million gas fees play is this in Caspa or gas fees this is in Caspa 15 16 million Caspa in gas fees in transaction fees is that am I reading that right am I reading that right is that 15 or 16 million Caspa in fees more uh red neon with all the respect to the speculation some do Caspa devs are the most Innovative people on the space right now so I I really believe what we think right now they are Miles Away uh neon uh okay I'm I'm all for it I'm I'm not a developer I don't I don't I don't understand how all this works but I'm all for it um th this means 16 million Caspa were paid out with in okay let's see in in less than 48 hours we so that was within 48 hours they accumulated almost 14 million transactions on testet 10 and then that was a 16 million Caspa in terms of fees within 48 hours so 16 million 16 million kaspa right what's the what's the price of kaspa right now uh the price of Caspa is 1468 so times 01468 so times times two so they said 48 hours so in a single day $11 million was was paid out in gas fees so the transaction fees so that would go then to the miners 1.1 million Cas $1.1 million what is the emissions of Caspa right now what's the emissions of Caspa hold on what's the admission of Caspa uh [Music] 1.1 million 24 okay so the native uh blocks right now 24-hour emission for cast was $1.1 Million so double it we're literally doubling it if we're expecting the the uh transaction fees to go to the miners we're talking on another uh another 1.1 million right uh so about that' be about $2.2 million emissions uh to the to the this is a day this is this $2.2 million in a single day DJ mines didn't you divide by two yeah that's that's the for this is 48 Hours he expressed 48 hours in this so 16 million divided 2 so that' be about 8 million Caspa per uh uh per uh 24 hours yeah yeah God damn it DJ $2.2 million wow that would be so so you just double so you just double so uh going back to the calculator what's the calculator we just double this um the block reward essentially what was the initial block reward right now 87 so double it to I don't know 175 yeah I mean I mean in theory in in theory at current price and that is also equating the current price of kaspa okay what what if CA went up higher uh because of krc2 that's that's another thing to consider so a ks2 would at at 12200 Watts at 10 cent kilowatt hour would then be making a131 a day okay all [Music] right interesting interesting Caspa back to 10 cents block sales okay I'm all for I'm all for it I'm all I'm all for it uh neon not criticism just an observation in relation to the fees you just see on the average fee what is around half a cast if I don't if I don't made a mistake all neon I I don't know I'm just going I was going based off what clex said here 48 Hours 14 million transactions I mean this is on testet too so to think that there was I just read this wrong 1.5 million yeah 1.5 million transactions 1.5 million transactions on this one is um 13 million [Music] transactions Krypto KJ red P of my youut two terahash yeah that's for a ks2 that was for a ks2 collect them fees in 2025 baby o this large black coffee from McDonald's hits different uh Nemesis looks like a cash grab what is being built that requires a higher level of security real question red panda morning Nemesis what is being built that requires a higher level of security that is a question I I don't know how I don't I don't know I I don't know how to answer um are we questioning are we are we questioning the use case I guess you're you're saying like you're questioning like what what is the use case for kaspa essentially like what you know what what is what's the what what is the whole purpose of uh Casa doing this well I think the whole from what I gather it's supposed to be extremely fast extremely fast transactions and then uh they're working on their layer 2 and you know that's why they're doing kc20 uh similar to they want to they want to be the next ethereum beat the next ethere eum in in that regard and then as well as uh just be faster in transactions essentially uh that that's all I gather from it I don't know that's all I gather [Music] um will it actually be adopted begs the question I mean look how long ethereum's been around I mean ethereum is adopted in multiple places already uh I mean Litecoin litecoin's also adopted everywhere majority of place you can use Litecoin to pay for things everywhere like a lot of places um but you know yeah I mean smart contracts uh kc20 I mean that's that's the whole that's the whole I think that's what that's what they're going for now memes says not so much just the use case but like what's requiring more security to run the network is this just future proofing hope it never hope and hope it's never going to fail what like what's requiring more security to run the network is this just feature proofing hoping it's never going to fail uh I I don't know how to answer that man I mean yeah like if you're talking about like from the has the hash rate point of view like all the all the as6 then yeah I don't think we need any more like I don't think we need any more we don't need any more hash rate people should not be buying asex anymore hash rate's way too high the security aspect is already everyone and their dog has a Casper Miner now I think the I think the security I feel like the security argument is already null at that point it's already achieved sorry you're right you're it's it's achieved yeah it's we don't need any more hash rate uh yes from the ASX side hash rate side yeah yeah no okay okay I see greater good mining no more hash rate please we good yeah yeah exactly greater good exactly we're good now please for the love of God no more no more buying castle miners actually no more selling of Casco miners for the love of God yeah um all right all motor says nah I just bought another pair of Ultras oh my God DJ mines kaspa is cool because everyone can afford it maybe not ideal but everyone can be involved um DJ mines is right yeah I mean you know I commend ice River for being proactive and you know lowering prices of their Miners and making them relatively affordable compared to bitm bitmain has been just there their pricing is Terri gold shell as well has ALS gold shell and bit M's pricing has been terrible um ice River has been in my opinion an extremely Honest Company when it comes to that um in my opinion okay just just my opinion some people may not agree with that ice River maybe's had some pricing uh uh changes but um nesis this level of hash rate will take the price out look at digite r p as an example of this in the past Digi bite yeah but did digibit have this level of community like did digibit have this level of you know hype in a in a in a sense you know has did digite have this type of you know I guess maybe use case I guess in a way you know that that's I don't know I don't think I don't think digite really had that huge of a uh a community backing as much as Caspa if I if I were to compare it that way that's just my opinion I I don't know that's just my opinion what your mic uh lukew Miner ice River the goated underdog everyone thought they were awful with the first KS zero and now look at them moving markets wor releases uh luk Miner yes yes yes I agree rro Mike says DG bite had similar emission schedule to cast monthly reward reduction with only 9 years left of mining ice river is like Toyota is it I don't think so I wouldn't I wouldn't I wouldn't say that I wouldn't say that Nemesis not the hype but it did have great Community till bitman killed the coin with the hash rate fast Nemesis and so yeah you're right you're you know we're hitting that point where bitmain uh you know bitm released their big dog Miner over the past month here so you know or past couple weeks here so it's it's it's it it may be it that that time may come who knows who knows man ice river is like Costco yeah yeah yeah I like that I like that yeah that could work 150 hot dog dude that's the best hot dog ever uh I agree they give they give the out coupons if prices drop too ice River at least tries to be fair and you know what in talking with I server too personally like every time I communicate with them they always they they like ask me questions like hey like you know what do you think about this or think about that and like they care they actually care like so like unlike unlike Dragon Ball all right pre-mining the hell out of the coin like 99% of the coin 99% of the hash rate of the coin for like 5 months Jesus Christ uh uh neon neon red pad mining check kaspa industrial initiative ke they will change eth for kaspa and save B and fee a lot of adoption there they are energy companies all over the world neon that's awesome Casa industrial initiative Caspa industrial initiative Caspa industrial initiative this is the first time I'm hearing about that all right all right what is this kaspa industrial initiative Caspa key.org transforming Industries with kaspa's groundbreaking block de techn technology enhancing Innovation efficiency and sustainability across Finance supply chain energy and public sector key is building a Global Network of leading companies supported by top industry players to drive the adoption of Casa's Next Generation platform our mission is to unlock new levels of transparency speed and security for okay that's pretty cool all right that's pretty interesting pretty interesting about us okay team and Advisory Board Paul Van vanon chairman after being directed CE of the desert energy desert industrial initiative from 2009 2020 okay he is currently the president of International Group 110 plus energy infrastructure industrial and finance companies Zeta Global co-founded okay what is this okay okay all right interesting interesting okay okay all the okay all right we got some team members here all right all right just trying to look at these people okay interesting all right we got some same photos here of same girls oh next no never mind okay that's the same girl um got some a panda panda is our awesome social media Community is this me is this me she holds an MSE in digital Market marketing and a degree in international business in Chinese studies she was previously marke marketing coordinator for International Association of trusted blockchain applications is this me damn Panda you look [Laughter] good uh my God that's awesome that's that's awesome that's awesome that is that's too funny teal Panda mining all right uh yeah this is cool um I guess I hope um I hope uh does it show any company has any companies joined up already like has there been any uh has there has there been any companies utilizing Casa yet I don't think so but that would be that that would be that would be cool that that would be awesome and you know what um this is a great initiative oh here we go uh government and public services voting system digital identity transparent records voting systems voting systems temper proof blockchain voting platform that's that's what we need that that is that's what we need uh okay sick okay pretty good Global awareness Jo the Caspa Industrial Revolution all right yeah looks good I like it oh they got they got an X account let's see I'm going to follow that and uh join July 2024 okay it removes the pron initiatives the block times okay pondering the essence okay uh okay all right join us for the cast butt Enterprise conference in Dublin September 7th oh that's just Rec that's recently September 24th location Dublin's Tech District explore how cast has blocked egg Tech and revolutionized Industries like Finance all right all right that's all right who wants to go who wants to go to Dublin can someone go there and uh record the whole interview for me someone go there anyone in anyone in uh Dublin is in uh is Ireland right someone go over there RPM I never knew s sometimes please when did you get a butter face uh vinnie.
Greer red pen of mine key needs a town it can use for crossb settlements without fear of government inter interference they were going to create their own then Town CA oh nice nice nice that's pretty cool that's pretty cool all right all right well I'm all for it I'm all for it I'm all for it that's really cool that's really cool okay my friends it is 9 9 almost 9:30 my time all right well we shall see um I'm not going to conclude anything yet um I just feel like we're in this L right now this uh this this this uh we haven't [Music] um experienced you know what we've been experiencing over the past month and a half yet so I think uh I'm not going to I'm not going to be too hard pressed to be too negative on Casa mining at this point in time but would I invest in Castle mining right now and expect that the transaction fees could be worth something where you know these miners could be worth could be mining profitably again I don't know will it be able to be sustainable I don't know will Kasa price can go up I don't know will will you know all these things that we just we just looked at today um is it going to solidify Caspa uh in terms of having adoption and uh I mean at this point it seems like everyone one is in Caspa right now and is it is it too big to fail at this point is Caspa too big to fail I I feel like I feel like it is there's so many people invested billion like billions of dollars in minors have been invested already now if Casa's price decided to go down to to zero now or like 5 cents or 0 cents whatever it it would be one of the biggest fails of our time and I would say that but after about two years I'm going to give it a I'm going to give it another year before I say anything before I conclude anything cuz we just don't know we just don't know what's going to transpire especially with uh you know Bitcoin right Bitcoin is the big dog so I feel like that's going to fall in line with altcoin season and all that kind of stuff so anyway we are majority of you that are in here right now I mean we are we are in the thick of it okay we are we are we are in the thick of it right now so uh Steve Smith do you live on a commercial Street for accident I saw you installed Yesterday by the way when Steve Smith I I never Steve Smith I don't no I don't live on a commercial Street and Steve Smith were you one of the winners did you email me Steve Smith what did you win 500 or a th000 Steve Smith Steve Smith oh yeah Steve Smith I got your email uh Steve Smith yeah Steve Smith I think oh the the yeah the uh xnet devs will have to send it to you I I sent them your address already last night so [Music] um yeah so we'll see okay my friends is there anything else is is there anything else you guys want to talk about is there anything else anything else you guys want to talk about anything new DJ DJ stream DJ go stream I'll raid you right now I'm going to raid I'll raid you I'll rate all everyone here DJ DJ stream stream right now DJ come on C sometimes appreciate the stream you too uh S I appreciate you DJ I can't I got to go to oh okay I'm sorry I'm hungry AF okay all right fine fine fine fine fine [Music] fine okay well to end off I'll see you all on the other side whether that's in a couple months or in a year two years or homeless on the street uh I might see you on this I might see you on the street who knows I don't know right everything these days is you know everything is ever changing so stick to your goals treat everyone well feed your family have an emergency fund try not to be too quick to make a decision that could ultimately hurt you one and doubt rub one out touch grass as goat would say don't try this yourself it's extremely dangerous you know just van life mining say sometimes your van life mining that's awesome uh mental mining UK thanks for streaming buddy see you on the other side see you on the other side bro all right I'll see you all have a great Sunday thank you all you guys have a great Sunday I'm I uh I'm I'm going to make uh I'm gonna go make some I I need to make a vlog I I have not made a vlog video for so long and I have been meaning to start my truck Channel I I need to it's sunny today I need to go uh take pictures I need to like make a banner I need to make a profile and I need to make my truck um YouTube channel I'm I'm I'm switching I'm going Auto I'm going on I'm going to be an auto YouTuber I'm doing it I I I want I want I want all the I want all the lift kits and truck sponsors I need I need long travel I need a long travel dirt King kit for my Tacoma I'm that is my dream I want a long travel dirt King suspension kit I need it I need it now I I I need it now it just costs way too much way too much okay goodbye Bros goodbye have a great have a great day see you guys later s sometimes uh NE never I cannot fit those okay good night good night good night good night good night thank you all so much have a great day [Music] good but I'm just getting started my on the dark [Music] you're the better who want king [Music] of best to give me a loyalty cuz I'm taking the world you'll see they'll be calling me calling me you'll be calling me royalty give me loyalty cuz I'm taking the world you see they'll be calling me calling me they'll be calling me royalty [Music] calling me [Music] royalty [Music] say let me that I get don't never Le every time I break this just more pain to never never never the B who still [Music] best food in me loyalty cuz I'm taking see they'll be calling me calling me they'll be calling me royalty let's do together your loyalty CU I'm taking the RO you see that we got let me me they'll be calling me royalty [Music] call me royalty [Music]
