hey guys rpim here hope you're doing well having a really great day this video want to give you guys an update of the bitmain ka3 which I have been mining with since January 13th of 2024 this is a long-term mine and hotle test that I've been doing since then okay hasn't been a full year yet but about 312 days or about 10 months almost 11 months here okay so I'm going to go through some just how much it's worth now you know what's my power cost C and do some fun theoretical stuff and especially where we at with the market right now you know kadana could potentially have some price appreciation here so we're going going to have some fun here and go through a lot of stuff here show you guys my yields mining all that stuff and just go through the uh kadana distribution you know where I'm at on this list here which I thought would be pretty funny to do on a single ka3 and as well as bring up Old Wounds regarding I could have been a Caden millionaire we'll do that near the end I'm sure you guys have already heard about this story but well we're going to go back to it again all right so before we do all that thank you for today's video sponsor crypto Miner Bros if you guys are looking for Asic miners they have all the top miners on their website link down below use code bf10 okay they have a Black Friday sale going on right now for another $120 off uh if it's over if you're watching this video after the fact use code red panda for another $70 off okay link down below all righty so it is November 25th as of recording this video 2024 and Bitcoin is 95336 okay so it's been fluctuating here it's been going down a little bit from almost 100K but we are still pretty high and but the main thing about this video is Kaden I just want to talk about kadana because this is something where I'm now I've been testing over the past year here actually since January 13th 2024 this bitmain ka3 which has been mining since and I have been mining with this thing at Tera hosting okay Terah hosting.org go check them out link down below but just to preface this minor back in January 13th 2024 the initial cost of it was almost 3,700 bucks okay 37886 back in January 13th 2024 and I did do a video regarding about that uh pretty much January 23rd 2024 okay so you can see here on mop.
That was the price of a k 3 back then okay so this is this is an actual real test of someone who may have bought one of these things and may be doing the whole Mining and huddle test because we're hoping for future price appreciation of kadana okay and kadana has been pumping here over the past 7 days here okay almost 32% uh as of recording this video okay now how much have we yielded all right since November 25th 2024 as of recording this video we have mined 3,544 4.71 Caden and I can show you my pool flare here this is the account that I'm mining this is the mining pool uh that I am mining uh to pool flare I'm using the third top one right now in mining pool stats okay so you can see here this address I searched up I don't care you guys can see the address I've mined 3544 Caden here okay not lying this is the Caden Explorer okay see the worker the single K3 that I've been mining with this thing it's just been going nonstop and roughly the daily amount of yield that I've been mining with this thing is almost about 12 Caden a day okay and uh you can see every pay out I'm getting every 4:00 a.m.
And every uh another 400 p.m. so it's every 12 hours I'm getting a payment from pool flare so you can see how much I've been earning with this thing so the current profitability right anyone cares about it and I don't think anyone sells the k3s anymore I believe they're all a stock everywhere this thing currently is has an income or revenue of about $12 all right and uh the profit which be after 10 or 8 cents kilowatt hour which would be about $611 but uh I am uh mining or hosting at Tera hosting so it's at 9 cents for me so my profit currently would be at $536 uh okay uh but if you look at the three month chart you know since you know kadana is just pumping recently or maybe over the past couple months this thing was only earning you know six or seven bucks a day all right sometimes it was it was it wasn't even breaking even at 9 Cent right I was continually mining with this thing and yielding uh you know during the the negative times as well but now that kad's going up here you can see this thing is now profit all right generating profit at 9 cents but the whole profitability thing for me it doesn't matter because I have been mining and hodling all the cad I haven't sold any Caden that you guys see here okay even showing the address here okay it's been mining straight haven't sent out anything all right so what is the total value of that Caden as of right now well I did a tweet okay and uh maybe yesterday that value like here's the wallet that I'm mining to is worth $3,079 all right just just yesterday and then today as of recording cadano decided to go up 30% and when Ceno was a dollar all right 026 there was then worth $3,636 188 okay uh at the peak of course Kad is having a bit of uh just over the past like yeah 12 hours here can's price has been volatile but anyways at the peak all right at the peak of where or even not not even at the peak I almost got the initial investment back of 37886 okay which is really funny to think about which obviously I am not selling yet okay but anyways going along since I've started with this test right 312 days since then my power cost roughly about $681 a day so my total power power cost that I have been mining with this thing over the past 312 days is $2,124 72 that I've been mining uh with this thing that I've uh you know in theory spent okay so the minor Cost Plus the power cost together as of now as of November 25th from January 13th would be about $583 358 in the red okay so have I gotten my you know initial investment plus the power cost back yet no all right if I were to sell now that is am I selling now no definitely not I am still doing the whole Mining and hodle test so let's talk about some theoretical here okay if we look at the Caden chart all right and this is how this is this is how everyone looks at it all right anyone that's doing the whole Mining and hodling Method strategy you know believes for those that believe in the Cycles believes in you know altcoin Season all that kind of stuff all right so I'm not saying that kadana is going to go back UPS to back up to its alltime high which was previous all-time high was $28.25 right back in November 11th of 2021 that was like 3 years ago okay so if if that happened this is just a theoretical if kadana went back up to its all-time high with the yield that I have right now this bag could be worth $1,138 and6 if kadana went up to 2825 do I believe that's going to happen again I hope so I I truly hope so but uh maybe realistically and I did do some theoretical stuff down here okay then this this next one here okay what if kadana went up to a164 okay where where we are in the market right now what if right what if kadana just went up to like a dollar a164 all right which kadana did go up earlier this year a bit you know to a dollar 80 almost two two bucks so what if that happened well if that happened then that would be the break even okay with my current power cost and the minor okay so the current yield that I have right now if hia went to at least a164 I could get my initial investment back and the power cost as of today November 25th that is okay but as we go on right the next day I'm going to be spending another $681 on electric and yielding another 12 Caden uh a day okay so but I am profiting at 9 cents now okay which we did we did look at here okay which is uh right here at 9 C $541 so that is good I'm in the profit zone now uh but that doesn't matter to me what I'm looking for is further price appreciation so let's go down to the next theoretical uh price appreciation number here what if kadana went to $3 okay so my bag here 3544 all right 3544 this could be worth then if if Kad went to $3 then that means I would have almost $10,600 is kadana going to go to $3 I think so I think if we're in this bull run here obviously where we are in the market right now we've been seeing Dogecoin a lot of different also a lot of other proof of work coins also go up as well I I truly believe that kadana is hopefully going to go up into higher numbers here all right what if kadana though like kadana if previous you know maybe what if it Kad went up to 10 10 bucks what what if we're being maybe more realistic here what if kadana went to $10 do you guys think kadan is going to go to $10 if that does happen then that means my bag here would be worth $35,000 I would be well above my initial investment of you know the theoretical initial investment of $3,700 or for anyone that bought one back then or even lower right these k3s are even cheaper during some times I think uh 2500 bucks I think was was the lowest I saw for these miners so plus the Electric that I've been using with this thing I would be well over the initial investment even at $3 if kadena went to $3 I would be well over the initial investment plus the Electric if kadana went to $3 $10 all right I have a I I have this weird feeling of what if kadana went to $50 this is just theoretical what if Kad went to $50 if that happened this bag that I have here would then be worth $177,000 and this is where I'm going to coincide now I know a lot of you guys are probably laughing that red panda Kad is not going to go to $50 it might not happen but it it could happen because I was looking at the uh the historical market cap of CAD which was um back in November 2021 uh it was $2.6 billion dollar okay I'm not saying that's going to happen but if kadana went up to if if this was the previous uh market cap which was I think around $28 per CAD at the time then what if kadana went to 5 billion right that would that would be a 2X I'm just I'm just thinking of because we're if if and when right when Bitcoin it's a matter of when when Bitcoin goes to the next leg up of whatever 150k you know the next market cap for Bitcoin be I think three trillion or4 trillion dollar you know that would be 152 200k Bitcoin think about how much volume how much liquidity could then be put uh towards all the altcoin so that's kind of what I've been I've been like you know thinking so if that strategy were to play out and I mean what happened to me when I should have mine and held the first Caden Asic that I had back 3 four years ago okay I had an IB link bmk one and that thing was Insanity like I mind in in a span of like 69 days I mined almost 9500 Caden and if I held on on all that actually if I held on for the rest of the year I almost mined 50,000 kadana if I added it all up that was worth almost a million dollars at a at the peak when Cadena was at 28 at 228 alltime High all right which is which was utterly insane so is that going to play out again this time well that's what I'm here to find out I am not going to sell early again this is this is the play that I am going to see if it plays out and this is the journey that I'm going to bring you guys along because this is something that I find pretty this is something that I find pretty interesting that if that actually played out again then it plays out again and so this is I'm going to refer back to this video when hopefully canana goes up to higher numbers we'll see you know 4X and 8x 10x 20x 50x from here 50x again would be you know $50 Caden okay if that were to happen but um we we're going to see if that find if that plays out or not and uh yeah I mean where we are the again where we are on the market it's um we are seeing a lot of crazy things happening with Dogecoin and uh a lot of uh a few other proof of work coins that have been popping up but another thing I wanted to find out that was really funny um I'm going to copy my Caden address here I was just looking at the kadana distribution okay so right now the Caden distribution is it's it two addresses have almost 43% of the coins so that was like these are like big exchanges yeah binance and uh and I don't know these other exchanges I'm sure but there's a lot of uh there's a lot of Caden that's uh on these two exchanges and then the top 26 wallets 25% okay and as we go down all right and this is where I wanted to laugh because I'm in the top 1,000 or sorry uh between 1,00 and 10,000 kadana I am here so I'm in the top pretty much top 5,000 addresses okay uh that are between 1,000 and 10,000 CAD so really not many people you know in the world are holding Caden you know I'm just looking at the distribution it's really not that many and if I went to the rich list here yeah I'm going to put my my address here uh Let me refresh the site here okay so let's see so it's going to pull up that I'm in rank okay I with the balance of 3544 Caden I am ranked three top 3,3 in the world with this much kadana I just found that pretty funny to think about that there's 3,000 other people you know that are much higher that have much more kadana than I do on this you know for mining kadana that is or people that bought kadana earlier you know it's it's actually it's just funny to look at it's look at it's funny to look at this stat because there's really there's really not that many people in the world you know that are mining Caden right now just under 4,000 people that are mining Cadena and uh the the yeah I I just thought that was really funny but uh anyways guys we're going to see if this plays out I'm doing this a long-term test long-term price appreciation of uh hopefully kadana happens in 2025 okay if it doesn't well I'll be documenting this and letting you guys know if that's going to play out or not so anyways thank you all for watching let me know your thoughts and uh I'm not going to make this mistake again but if it doesn't play out then we'll see all right I'll see you all in the next video have a good one peace out peace out man I could have been a millionaire in 2021 if I just if I just held all that Caden damn it
