man… is mining Kaspa even worth it now?

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hey guys RPM here hope you're doing well having a really great day this video I'm using a new camera so let me know what you guys think of the video quality if it's better or worse than my I don't know previous camera that I'm using so everything is now 4K 60 FPS let me know in the comments what you guys think all right so I got the new ice River ks2 Light here and this is a miner that is the exact same efficiency as a ks0 Ultra but five times more the hash rate of a ks0 Ultra okay so this does 2 terahash at around 500 watts and it is running right now okay at about 500 10 watts 511 Watts on 120 volt now before I keep going comment down below for 24-Hour hash rate of this ks2 light okay I'm going to do a hash rate giveaway all you got to do is comment down below your thoughts of I guess my camera or your thoughts about Caspa mining okay let me know down below I'll choose the winner after 24 hours after this video is uploaded then I will respond to your comment and you'll just have to email me with your Caspa address and the pool that you want on this ice River ks2 Light all right so just to show you guys around this minor here this is just it looks like very similar to like a gold shell okay but this also has the integrated power supply in it okay so this is where it becomes a little bit more valuable or not valuable depends on how you look at it okay some people have actually I've been seeing on Twitter some people had some issues with this thing already overheating now whether or not that's because the power supply is also causing some heat uh going up into the miner just to show you here the hottest point on the back here it shows about 72° C but then as we go lower down at the bottom there is a you know a bit of heat that's coming down from down there as well and that is around around 30 or 75 okay so it's a little bit hotter down there so if you have this thing sitting like this and if you're in a hotter room there's definitely going to be some heat that's going to come out of here but there's 2 80 mil fans on the front of this thing okay so there is a decent amount of air that's coming up so depending on your environment if it's hot then it may shut down I've had some reports of their ks2 lights some people's have been turning off so a resolution for that potentially is to just change the fan speed manually to 100 now I'm going to go on the computer real soon and show you guys the web guy of it but we'll see in the minor log all right there's a minor log now we can see in the website the web goey of this thing to see if there's any issues but yeah there's also Wi-Fi on this but it doesn't work okay we verified that during a live stream ethernet does work obviously and the integrated PSU here so this thing makes for a great heater okay everyone is going to advertise this as a heater is this thing profitable right now no it's not depending on your electricity cost I think anything below 10 cents or 9 cents you're making pennies right now unless there's a trending krc2 token that's being minted that day there's been some days where there's a couple hours of minting and profitability does go up but then it goes back down after you minting is complete which I'll show you guys in the computer how you can see something like that okay let's check out the web goey of this uh ks2 light otherwise it looks pretty cool all-in-one PSU and hopefully Wi-Fi later on they did mention that it's going to be a firmware update for this thing later on in the future see you guys in the computer all right guys so here is the ks2 light here on the mining pool Caspa Dash pool and it seems to be working just fine over the past day no problems showing 24 hours over two terahash here and here is the user interface or the web interface uh the web guey of the ks2 light and it's been running for almost a day and 13 hours so far and shout out to Mr Steve Smith it's been working out mining to you good sir and uh for when this video goes live in the next bit here I'll choose a winner and uh upload it for the mining settings here and that will be for the next winner so just to show you guys the web goey real quick looks pretty standard just like any other Castle Miner if you're watching this video most likely you already have a cast Miner you've seen this web goey before but an addition that is new to me that I'm first seeing this on a castle miner or on a ice uh machine and I believe also on their rx0 they have a minor log now okay so it shows you know some information here and when there is going to be a potential issue and I haven't had this thing shut off yet okay it's it's been going just fine my temperature down in my basement have been relatively cool so I haven't had any heat issues or anything but again reports that we talked about earlier in this video some people have had their machines turn off their ks2 lights turn off so I've heard some people just raise the fan speeds up you know see if that fixes it some people had that issue some people resolved it by doing that but I'm sure ice River has been hearing about it all right so really nothing special here that's how uh the web guy looks for the ks2 light okay I want to get into more finer detail here for people that are interested in buying one of these things and I'm going to just start off with a like a disclaimer or like a overarching everyone thinks about this type of thing okay how us crypto miners for people that are going to be getting into Castle mining or any type of mining for that matter even Bitcoin or you know altcoins alium Litecoin ethereum classic there's a bunch of different Asic miners out there but specifically with Caspa okay we got to think about the emission schedule right which drops around 5 to 6% every month right now we are at the 82.4 one Caspa uh per block all right and that's going to go down uh to 77.7 on November 6th all right which is coming up pretty soon in the next couple days as of recording this video all right so understanding the block rewards we're going to be getting less yield as time goes on and that's going to happen next month all right down to 69 or 73 and 69 and so on so understanding that understanding that there are many other Asic miners out there there's are many different models that are available to buy and the ks2 light for instance is on par in terms of efficiency with the other I server machines pretty muchly k5m the big boy k5m that does 15 Tash and then the ks5 L that does 12 Tash and then we got the ks2 light the little small one here that we're talking about today has two terahash all right but the efficiency there relatively the same but then we got the Big Boy bit main that you have to consider and with that right considering the network hash rate for Caspa is climbing alltime High every every month and over the past I'd say a couple months or past two or three months the network hash rate for Caspa has climbed almost 4X all right in a very short time frame and so the profitability currently of this ks2 light is breaking even at around 10 cents okay and if you had anything lower than that 9 cents kill per kilowatt hour then you're going to be making uh maybe a couple cents more okay 13 cents at 9 Cent per kilowatt hour so it's it's not a lot but this also factors in right still talking about the variables here okay not only the emission schedule you know lots of different Asic models out there the krc2 variable here the price of Caspa right how is the price of Caspa currently is around 10 cents or almost 11 cents and you know is it hitting support is it going to go up from here are we on the precipice of the bull run you know these are all factors we're going to think about another thing is Marathon digital you know big entities who have been coming into mining Caspa but they said here marathon is actively managing its Caspa treasury strategically choosing to sell Caspa to offset operational expenses purchase Bitcoin or hold Caspa depending on market conditions so we don't know you know what they're doing with their Caspa some people have had their addresses I have not looked into that further but that's a variable right Marathon digital is a huge company with 840 megaw of Bitcoin miners I guess including Caspa which I think they have 100 petahash of uh Caspa miners okay which is quite a bit so a huge Industrial company that has been potentially selling Caspa and potentially equating to the downward sell pressure here another thing okay uh K KRC 20 okay so this is something where it has been on and off in my opinion over the past couple months two months or so since this has been introduced to the network and there's been times when kc20 has been minting you know kc20 tokens has provided higher yields for castle miners and we've seen that so there's been times when and I don't have an example here where the ks2 here for instance could be making you know a couple bucks a day but it really depends and this is where you guys can go to a website called cast.

FYI and you can go to krc2 tokens here and if you're wondering why your Castle Miner is making more money during any time you're looking at it during the day it's because there's been minting of a new krc2 token or people that are uh transferring krc2 tokens okay so c. fi you go to kc20 tokens you can go to trending and you can see which token is being minted all right in the last 15 minutes of data here and along with that you can also go to Caspa Das pool .org and go to the Caspa explor but I like to look at Caspa poool here go to blocks and you can just relatively see you know how high these rewards are on these blocks so sometimes when there's a high block okay let me just go to one that's like further down when it was more congested the network was more congested yeah they don't have an example here but sometimes there'll be you know 100 casle per block you know maybe 200 maybe 300 Caspa per block and that's when you'll see profitability of for mining Caspa go up in the couple dollars on this ks2 for example or any other Asic Caso Asic miners will also go up as well okay so but it's been you know there's been times when it's good but then there's also times when it comes back down so depending on how long the minting process is and how many people are are minting it's either shortlived or prolonged maybe a couple hours or maybe throughout the whole day obviously when kc20 came out initially there was a lot of minting going on for the first couple days and so profit ility was incredible you know during those times but you know for the past 2 months there's been up and down up and down it's not it hasn't been always you know constant the profitability hasn't always been good okay so that's something to consider another thing right is the price of caspy we did touch on this it is has been quite volatile I'd say it's been averaging over the past year it's been averaging between 10 cents and 20 cents right for Caspa so whether or not Caspa is going to be going up or not in the future I don't know right these are all variables people are going to you know this is where I don't have a crystal ball but these are variables you guys are going to understand and if you have conviction that Caspa is going to go up in the future right and another thing is do you yeah do you believe in Caspa right do you believe that Caspa fundamentally right with the project itself solving the trilemma uh security scalability decentralization with its block dag technology is this a project that's going to get adopted uh in the future and another thing to consider is is Caspa going to be on on bigger exchanges right on top tier one exchanges one day right we still don't have it on binance we still don't have it on Kraken uh Kraken announced that they were going to have uh Caspa on their on their exchange but we haven't seen it yet right when's that going to happen when that does happen and maybe along with the Bull Run is Caspa going to explode to you know you know a dollar and this is where I'm going to correlate this with your idea if to buy a Caspa Miner right now which in my opinion okay just my opinion not Financial advice I think buying the coin would be a better buy at this point in time because you're not let's say you buy this uh Caspa Min this ks2 light for 500 bucks right now all right so let's say you put 500 bucks right now into Caspa that would be um about 4,620 Caspa so if you believe that Caspa is going to go to a dollar one day that's going to be about you know4 $4,600 so is this ier ks2 going to mine potentially this 4600 Caspa in its lifetime no it it definitely won't unless you know krc2 explodes right that's that's one consideration and so the yields will be high but is it going to be constant I don't know when exchanges you know Implement kc20 uh I think PX has kc20 nacho was a really big uh mint token which I think has the highest market cap right now uh of all the kc20 tokens in terms of I think volume market cap there there are some market caps that are extremely extremely uh inflated or theoretical I don't think this is real but yeah some of the volumes here on nachos pretty high okay there's Kango Conan as well uh so I think nachos on pionic right now uh exchange but you know what's not to say a lot of these other other kc20 tokens could be on exchanges as well and hopefully that will pick up the uh the minting or transferring and then that's going to congest the network and thus have higher yields to the miners but currently a ks2 light okay yields about 11 to 10 Caspa a day so if you think about it as over time along with the emission schedule variable is this ks2 right going to yield you that same amount of Caspa if you were to just buy it now $500 worth of Caspa now and I'm going to say no but if you do the math based on how much it's currently making or how much it's currently yielding it's not going to mine the same amount that you were if you were to just buy the coin and this is the only project that I have mentioned to buy the coin as a crypto Miner I am I am a crypto Miner at heart I don't I never buy the coin but because of Casa's aggressive emission schedule here and how things have just panned out and where we are in the market right now I think buying Caspa at this point in time would be the better idea versus buying the minor but again KC 20 you know variable here the potential for kc20 on more uh markets more exchanges thus you know providing more uh congestion on the network more yields for the crypto miners these are all things to think about and whether or not that's going to happen or not that will be the risk that you will be willing to take if you are going to be buying these types of miners okay and you believe in Caspa you know you also believe that Caspa is going to go to a dollar or more or something like that so anyways guys that's all I wanted to do in this video let me know your thoughts let me know your guys' thoughts on the ice rer ks2 light here uh free if you are thinking about buying one of these feel free to Links down below use code red panda for another 2.5% off on .io or if you want to go to Crypt Miner bros.com for another $70 off for a total of $579 to your door for one of these ks2 lights links down below if you guys are interested I'll see you all in the next video have a good one peace out peace out

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