hey guys red pen running here hope you're doing well having a really great day this video I wanted to Showcase to you guys and also talk about my little test here regarding nice has versus mining dutch. NL and these are for my two Litecoin SL merge mining Dogecoin I guess Bell's coin now this is the whole reason why I've switched over is because of Bell's coin is my alphapex dg1 and alphapex dg1 plus the are heavy hitter in terms of Asic miners okay as of as of recently good amount of gigahash here that I've done a test comparing nice hash and Mining dd.
NL and not only that okay not only because I'm doing this just to Showcase you guys you know in terms of Satoshi value which one did better and just spoiler nice hash did a little bit better but there are some variables here that I want to talk about as to why that could have happened but we'll talk about that in a sec but also my whole reason as to why I am moving off of nice has now onto mining dd. NL for my script miners because this mining pool has a bunch of other merge mining coins which gives it a little bit more value now whether or not that means it's more profitable than nice hash it may not be but my future potential here for Price appreciation of some of these coins well that's what I want to analyze and we're going to do that throughout this video so uh hopefully you guys enjoy I yeah just a lot of things I want to talk about here it's very interesting to me and so this might be something uh interesting for you guys as well but yeah I didn't know mining dd.
NL had support for a lot of these other script coins right that are merg Min merged minable as well okay so which is really cool so anyways I'll talk about all this right after a word from today's video sponsor alter tech. with their lightning fast shipping worldwide hasslefree for us buyers no Customs no vat just seamless service alter tech. is your One-Stop shop for all Bitcoin mining they are not your typical Brokers Drop Shipping from China in the St Louis area they have a warehouse that ensures you get your orders quickly from their inventory guaranteeing a superior buying experience trust and integrity are their foundation with a 4.8 star rating on trust pilot they are among the top five out of 1,000 cryptocurrency service companies their customer service is unparalleled they understand crypto mining products deeply and are here to help new miners set up and troubleshoot they are dedicated spending hours with customers if needed pleed Miner friendly with no minimum order quantities ever they Empower home miners with no mqs flexible payment options including PayPal and credit cards and support available in the evenings and weekends join the mining Revolution with alter Tech fast shipping expert support and the community of miners just like you visit them today at alter tech.
Use coupon code RPM for 1% off your whole order link down below okay guys so let's just go through the comparison first now I'm just going to give the disclaimers here of this test they were not done on the same day okay I don't have two d1s or two dg1 pluses so I can't run them you know side by side one on nice has and uh one on mining dutch. NL so the profitability uh which I'm going to say is flawed because the price of Dogecoin over the past like seven days here has been just going down and down and down and down here especially over the past day of when I did this test so I think that's why we have earned a bit less in terms of Satoshi value on the uh mining Das Dutch test here okay so I just wanted to explain that first before I talk about this because it does show that nice has earned a little bit more here okay not sponsored by nice has not sponsored by mining D Dutch is is just a just a very simple test that I did but on two separate days so August 31st and September 1st okay so looking at this you guys can see right uh my dg1 earned about 1655 that day and but in terms of satoshi's you guys can see here and then the dg1 plus was about $20.78 and you can see the Satoshi value here but adding it both together it's about $37.35 now we did the second test on September 1st on mining Das Dutch all right so in terms of Fiat value it was about $363 and we can see that here I did take the whole day and they also did email me the whole amount that I mined in Bitcoin okay but they're not converted into Bitcoin I I'll talk about why I'm on mining Das Dutch in a sec okay but in terms of the value here they just added all together it's about $36 31 cents worth okay includes Bell's coin Digi dingo Doge of course which is the most uh majority of the The Profit here which is about 78.5% okay and then we got uh everything else here okay Litecoin which is really really small litecoin's about 10.3% of the earnings here for that day yesterday September 1st okay then we have uh let's see going down yeah there's Maria doesn't seem to have any value New York coin doesn't have any value Pepe coin about 61 cents worth and we got World coin here for one penny okay so you can see right Pepe is about 1.7% Bell's coin was about 5.4% okay so about almost mind about two Bell coin uh that day all right so about almost $2 $1.97 worth so not bad not bad but yeah you guys can see right the pie chart here how much of the pie that I've been earning that day all right for 24 hours for on these two miners together so that's why you'll see these two earnings here are combined because they're just they're all together in one so yeah looks like on nice hash in terms of Satoshi value I've made about a dollar less okay and just to reiterate here that nice has and Mining D Dutch are two different two different like this is a platform nice has is basically people are buying hash rate they're they're renting you know rigs as6 whatever to mine to a pool of their choice so it that's how miners get paid right in BTC okay so sometimes maybe someone's going to be paying more for what they want or less but majority that I've seen from people that been talking about nice hash again not sponsored is that they seem to be paying a little bit more than normal in terms of BTC so but you can see here though I did talk about that you know since I'm earned about a dollar less I'm going to attribute that to the price of Doge going down over the past September here you can see the big price a decent price drop here so this is why I think I was earning a bit less here uh in terms of I guess in terms of Fiat value and even Satoshi value because you can see here like over the past 24 hours Dogecoin has gone down almost you know 5% while bitcoin's gone down 2.49% the trading there I bet okay like the Bitcoin dominance and you know the the pairs Dogecoin Bitcoin trading pair is essentially where Dogecoin is going to be worth less right and so that's why I'm going to be getting less Satoshi here uh over the past day on September 1st especially okay so just to clarify that so ultimately I feel like this is the same okay and you know if we were to compare on like hash rate.
The profitability here which has been you know Ever Changing here on you know these dg1 pluses that I'm just trying to compare this here right it looks like if I were to com combine the revenue on both of these coins it be about3 almost $36 right and how much I earned here was was about 37 but that was on August 31st when it was worth a little bit more like right that's when doin was a little bit higher right on the 31st so honestly I think the profitability here is pretty much the same here so that's that's all I want to go through so let me know what you guys think but now going to be moving all of my Litecoin A6 over I have an L7 as well I have an LTL I have a mini Doge and like a few other miners that I'm going to move over to mining dd.
NL again not SP answered I want to accumulate more Bells obviously and maybe digite like all of these coins it's actually mining all of them and it doesn't hinder like Litecoin or Dogecoin it's all merge mining okay merge mining it's happening simultaneously okay so it's it's not like stopping and Mining Litecoin first and then it's going to mine Dogecoin next no it's all happening at the same time okay they even say here merge mining is done simultaneously while mining a compatible coin automatically and by default by default this can't be disabled and it's also not necessary as it does not come at any cost for your miners okay so this is pretty cool and you guys can see that right I've earned some extra in terms of bells here digite a little bit 5 cents in dingo uh the majority again of profit is going to come from uh the Dogecoin okay and then we got Litecoin at like $373 C worth but really it's that small but here's my thought process with all this of why I want to move my as6 now my Litecoin as6 to mining Das Dutch which again I feel like they're the only pool that has this type of functionality of merge mining with a bunch of these other coins here that you know they're like the top ninth pool right now with only about 11.65 terahash after this video I'm going to see how much more terahash moves over but really nobody is like merge mining with these other coins here like looks like nobody or maybe you know some of these pools are and you know maybe they're not clarifying that and maybe they're hoarding all that extra coin like Pepe coin dingo coin World coin maybe I wonder if that's a thing I don't know but anyways this mining pool mining dd.
NL I want to accumulate all these coins because I analized a bit of these coins here that I believe that they're in the bull run that some of these coins could have further price appreciation especially where they are now so obviously it's nice to mine into Bitcoin all right bitcoin's the big dog and you know over like I'd say the past couple months I was mining into you know Bitcoin on these LTC A6 over the past like 90 days right if we go past 90 days though you can see Bitcoin has been outperforming Litecoin Dogecoin especially Dogecoin here which is majority of the profit so you can see that over the past 90 days Dogecoin down like 40% but bitcoin's only down like 15% so you can see opportunity cost there I've earned my my Bitcoin has you know which you know majority I'm I'm holding so the value hasn't dropped as much as if I were to hle you know Dogecoin but and here's the big butt here's my gamble or risk that I'm going here's my play my opportunity here my thought process here is with all these other coins here on this list that I have here which I have on uh uh coin gecko which you know just looking at the performance of some of these coins like Bells is up 320% over the past 60 days what's not to say you know digibit or you know some of these coins here so let's analyze here real quick here so Dogecoin right if I were to mine and huddle Dogecoin what would that potentially do right if if you know Dogecoin would price appreciate again like just like in 2021 because of Elon Musk is that going to happen again I don't know it but there's potential right and then in 2024 looks like Dogecoin did pump you know did pump up a bit but is there going to come a time when Dogecoin is going to go up again in the future yeah I think so Dogecoin has that potential but what about Bells right Bells is I guess this new upand cominging one which has been on exchanges an exchange I guess over the past year um it hasn't had or hasn't been in a bull run essentially even though I think it is like 9 or 7 Days uh older than Dogecoin it Bell's coin came out before Dogecoin which is interesting but anyways is there potential that Bell's coin could have price appreciation I'm not sure right so that's why I'm going to start accumulating Bell's coin now Litecoin tried and true has always it seems like it's always gone up in bull runs right 2018 Litecoin went up uh 2021 of course Litecoin also went up as well with Bitcoin now the next cycle the fouryear cycles of Bitcoin if Bitcoin goes up in 2025 is Litecoin going to go up probably not Financial advice of course digibit looking at digite now 2018 digite looks like it went up uh let's see 2021 dig also went up is digite going to go up the next Bull Run I think so so that's one another potential coin that could go up also I forgot to talk before I keep going I forgot to talk about the multipliers right so as I'm accumulating more of these other coins here are they going to outperform bitcoin and in my head I'm thinking yes because how many times which thank you to mass boost for this chart how many more times can Bitcoin go up like say where Bitcoin is right now you know bitcoin's about 57,000 if Bitcoin went to 150,000 that's about a what's a 3X okay let's not to say Dogecoin or dingo coin or digik could go up much higher in percentage than Bitcoin multiplier I think there's a higher chance that those coins here could go higher than Bitcoin right that's some so that's kind of a play a riskier play of course but if you ultimately believe Bitcoin is going to go up I think majority of these coins will go up as well but just looking at you know percentage Gaines of Bitcoin in 2021 you can see Bitcoin went up about 235% but if once you start going up in higher sorry lower market cap coins they tend to do like a 10x 30X 100x you know depending on the type of coin of course but I'm not saying those script coins that we you know mind but look at Dogecoin Dogecoin went up almost 14,000 per in 2021 from 0.05 to about 73 C so this is where I'm thinking the opportunity lies in with these merge mine coins that if I'm accumulating all of this over the next year into the Bull Run potentially if it's in 2025 or later or never again that's the risk I'm willing to take so why not why not accumulate some of these coins here at the same time also accumulating Doge Litecoin I'm not accumulating Bitcoin but I'm accumulating about 1 2 3 4 5 6 7 8 9 10 11 different other coins that have the potential to price appreciate and not just in a 2 or 3x form but maybe a 10x 50x form so that's what I my thought process is and all this stuff so Dingle coin I I've never heard of this coin but it it looks like it's had its up and ups and downs looks like it's had some like pretty decent volum volume as well like $300,000 volume but yeah World coin I've never heard some of these coins yeah the volume in some of these I just I just don't know Pepe coin like a meme coin yeah looks like this one's had some price appreciation and hasn't had it hasn't had a bull run so looks like this came out in June don't quote me on that but uh who knows right who knows and New York coin yeah this one doesn't have much wow this one had almost 300 thou $2 million volume back in 2018 what that's crazy New York coin okay that is interesting okay well anyways right there's Myriad here as well 20 this is a coin from 2018 wow this one had like five $4 million volume wow that's crazy see 2021 it also went up so 2018 it go it went up 2021 it went up and then the next bow run if we have I don't know what this coin's going to do but you know just giving that my thought process here with you guys as to why I'm now going to be fullon going on mining dutch.
NL because again they they seem like the only pool that has all those merge Ming I don't know there's no other pool no no other top pool here that has that capability unless they are stealing that from everyone else that might be that might be something we got to search into Bros if anyone that has any connections or can figure out if any of these coins are hodling all these other merge minable coins that might be something to look into that might be a a bit of a conspiracy or drama that we can look into later but anyways guys that's all I wanted to do I will keep you guys updated uh as to I guess as we go along I'm going to be mining and holding all these coins here and obviously not in mining Das Dutch's I guess website here I got to figure out hopefully I can figure out a way majority of this stuff I feel like LTC Digi I don't know Dogecoin of course these ones can go on my tangum but everything else I I'm going to have to probably download a core wallet and do that on a VM and uh hold it all that way but uh this is something where I think we could benefit from in the future not Financial advice of course but we'll see how it goes but if you're a minor that ultimately just wants Bitcoin then I feel like nice hash does seem like the way to go doesn't seem bad if you want just you know Bitcoin uh if you just want to mine into Bitcoin that is but uh uh you may be missing out on potential gains from a lot of these other coins that you know once Bitcoin goes up right the volume and liquidity provided could boost a few of these other coins here and could be could be lucrative who knows right who knows so we'll see how that goes anyways let me know what you guys think and I will see you all in the next video have a good one peace out peace out
