MARKET DUMP… Crypto Mining Hump?

[Music] [Music] [Music] [Music] on [Music] [Music] [Music] well here we are what's up everybody welcome welcome to the live stream how are you guys how's everybody welcome it's been it's been how how long is it it's been it's been a week since I've streamed I think yeah it's been a week I've had a really busy week really busy outside of crypto actually really outside of cry um offshore miner hello Daddy chill what's up man bad Ace Vinnie D Greco what's up man Urban Motors showroom what's up Percy Scott Jinx Luke War Miner saw the post dumped k r Roa endless mining good sir welcome DJ DJ mines what's DJ what what are you doing right now DJ DJ mines welcome 22 22s in the chat sanin advic hello from Bosnia what's up man what's up what's up okay so over I guess going on topic um I've been tracking I've been I've been able to track um across many different uh basic resellers essentially how everyone has been in terms of when the coin prices are up I find that's when people have been generally buying Asic miners now the most popular Asic miners I have seen being bought these days are obviously Caspa Caspa as6 uh another one is the AL z uh the alium as6 uh not not the big boy one but I've seen I've seen a lot of purchases regarding the AL zer because of how the the price the dollar per gigahash is is the best and uh efficiency is also pretty much the best as well um I've seen I've been seeing I've been seeing a lot of different sales regarding mainly kaspa and alium alium so that yeah that's just what I wanted to go through here and I just saw that gold shell dropped their price on the KA box Pro to $679 so that means the KA box Pro is down here wait where is that Ka box kbox Pro 1.6 terahash 600 watts 679 so that makes it a little bit more enticing at uh 42 cents dollar per gigahash um but I think the ks0 yeah the ks Z Ultra is actually actually not a good buy anymore at around $300 I guess including shipping from Ice River um so yeah the KA box but the KA box Pro is like almost two times less efficient than the than the ks Zero Ultra so that's that that kind of goes actually that makes sense then the math makes sense double almost double in the dollar per gigahash with a KS Z Ultra versus the K box Pro anyways I just wanted to correlate that with crypto and how we've had this big drop recently and uh yeah when Bitcoin was 69,000 70,000 almost I noticed a massive influx in people buying miners um as6 miners uh that I'm able to track because that's that's amongst uh my affiliation with ice River Crypt Miner Bros uh many other websites uh that I'm I'm affiliated with I've noticed that yeah Caspa now that it's it's hitting up it's it's going up Network hash rate continues to climb it's obviously never going to go down it's just going to keep going up so this this is getting how do I say it this is getting it's getting quite interesting I predicted like by September I said something about 650 petahash we're already over 600 we we're over 600 uh petahash but it's it's August right beginning of August and we're hitting up almost 600 P or 600 petahash already so come September we're with with those bit M ks5 Pros being released end of August September I think now we're probably going to go up to like 800 900 pah hash is my is my guest is my guest of it now golden wolf I used your coupon Crypt Miner Brothers alz oh nice nice uh yeah um I have uh if you go to my website red Pender mining.com I have uh affiliation with everybody and I have coupon codes uh for everyone as well so go to my website red pandam mining redpanda mining.com so uh another thing what I want to touch on yeah alium Network hash rate spiked up August first um from like 1.75 petahash to 2.4 petahash and then it dropped down to 207 so I'm thinking bitmain over the past over the past couple days has been testing out their new al1 okay or maybe their new Al's uh al1 Pro which is a little bit more efficient maybe the same I don't know it's it's probably the same they're probably eing out I don't know why they called this the pro like over the regular al1 it's like barely any better like they should have just they should have just made it al1 and then like different models like different uh hash rate models interesting why they called it the pro uh I got to pop out the chat I got to read chat easier I can't read it on this screen I got to move it over uh hold on this I move this over here here okay let's go here there we go there we go all right now I can read chat all right I was on top chat live chat here we go smash the like Bros 31 people here 27 likes smash the like Bros happy Saturday hope everyone is doing okay I understand mentally this is uh this is hard I know it's hard it's hard it's hard but zoom out zoom out uh a little bit of like big picture perspective for me and i' I've always I've always showed this before is Bitcoin right now is 1.1 trillion almost 1.2 trillion in market cap gold is 16.6 trillion uh I just read something somewhere birkshire Hathaway or some investment massive investment fund uh just sold like almost $230 billion in Apple stock and apparently they might move that to bitcoin so 2303 billion doll going to bitcoin that means Bitcoin could go to $1.5 trillion market cap could you imagine could you imagine if someone just put three $300 billion do into Bitcoin man that would be nuts that that that would be niut uh what's the circulating Supply what's the circulating supply of Bitcoin right now what's the circulating Supply uh circul Supply 19 m735 62 Bitcoin uh so if if if 1.5 trillion which is 1 uh 5 how many Z is that 1 2 3 1 2 3 this is 500 million so one more 1 trillion 1.5 is this 1.5 trillion I think and this is 1 billion is 9 zeros yeah so this is 500 billion uh all right so divided divided by 1973 735 62 Bitcoin that means if birkshire Hathaway put $300 billion in the Bitcoin that means Bitcoin would be Bitcoin would be 76 would have to be would be 6 $76,000 if Bitcoin went to $76,000 that would be a total market cap of 1.5 trillion that would that would be hitting up close to Silver which is 1.6 uh Urban motor ster 130k by August 2025 okay if Bitcoin went to $130,000 $130,000 oh $130,000 time 17 what how many how much Bitcoin we has right now I mean that's that that's going to grow 19735 062 $2.5 trillion Bitcoin would be if if Bitcoin went to 130k we would be at 2.5 trillion that would be where Nvidia is could you imagine wow W in that case if that ever happened then man I mean you would see all the different uh proof of work minable coins would also be would also be up a lot as well probably that'd be crazy twitch what's up man welcome Cedric what's up Chris Henley sorry I haven't been reading the chat I'm sorry modern mining hello good sir Travelers travels what's up playing with mining is a pirate what are you doing here Frogman what's up Bros what's up guys how's how are you guys man it's been a week since I streamed I haven't really talked with anybody uh over the past week what's up Bros what's what's going on man what's what's going on oh Bitcoin just dropped another $1,000 that's great ah we're at 6,688 now even better even better even [Music] better um reality to accept that Casa and alium are profit in mining uh Jack V yes exactly that that's why I mentioned that when we were at 6 $ 69 68,000 Bitcoin I saw a massive influx in people buying Asic miners like I saw I'm not going to lie to you guys um on Ice River cuz I have Affiliated like an account with ice River over I think I think I counted like I think I counted at least like 600 orders of the AL Z were on my account for people that use the code red panda red panda you get like 2.5% off um I saw like 600 and then I saw uh a huge number of uh ks5 uh L's and M's as well looks like they're sold oh looks like they're sold out now looks like they're sold out I I think I saw I think I saw there's like a couple hundred a couple hundred over the past like 2 weeks or something like that it it was it was it was quite an insane the amount of people that are ordering these things um from like different from different resellers like uh just I've seen I've been seeing a massive influx of people buying these miners now ice River uh Caspa Miners and it's it's been it's been quite insane so what that tells me then oh man you know what like now that we've had this Market drop it's F yeah ks5 L makes $25 a day now used to be like 35 like 2 weeks ago now it's gone it's gone down by $10 I mean that that goes in that goes along with Casa's uh Casa's price which has been uh it's now 18 cents used to be 20 hit 20 hit 20 cents at one point couple couple days ago end of July August 1st oh crazy that's just crazy Burke turgo glue 7340 how are you doing I'm doing good my doing good sir doing good I'm I've been I've been doing a lot of uh outside stuff I've been doing a lot of Labor so haven't really been doing a lot of uh crypto mining uh stuff this past week um I want to say get started with uh let's say I want to get started with mining or what Miner would you recommend range of $1,000 to $110,000 ah oh see day laugh fente that that is a that's a very loaded question it it just all comes down to what what's your what type of risk do you want to take right now as6 mining uh buying as6 I have to say is extremely risky and more so it's even riskier now uh if you're just wanting to get into Alia mining or I don't know Caspa hash rate Caspa Asic mining it's even more riskier now it's it's it's it looks even it looks it looks even worse it's going to get worse and what I mean by worse I mean I mean like hash rate I mean like uh a lot of these a lot of these are are coming online so it's it's it's going to be it's going to be the only saving grace all right and and I'm fir I firmly and a lot of people believe it I firmly believe it now is that Caspa has to price appreciate that that's really it's uh Saving Grace here price price appreciation it's crazy how fast Casa rewards are dropping I can only imagine the next month or two oh Dave Joy 87 it's going to be it's it's going to be it's going to be dire it's going to be dire for sure again only saving grace is kaspa's price kaspa's price has to appreciate in order to be able to handle all the miners and for some people that are selling to stay decent gave me a smokey Dan gave me a smokey Dan what's up man sup you'll be happy to know I got one rig working but spec rig still offline for now how goes the GP farms and did you find a Coin to move to you don't have to say what coin uh Smokey Dan to be honest I'm I'm actually most of my farm is still on zealous I not going to lie I haven't had I haven't had the time I haven't had the moment not I'm not going to say time because I do have time it's just I haven't had the brain capacity to switch my rigs off zealous yet and it looks like on a 3070 zealous is still okay so that's why I'm still on zealous uh for now uh crypto pounder 4 thanks for the financial advice on the four rx470 all right listen here all right all right listen here all right I saw some of you bastards I saw some of you bastards order these yesterday I'm telling you these things I'm not saying it's a good deal but just looking okay this was at 3 2360 yesterday so 50 people bought or somebody bought 50 of these anyways my video yesterday right you guys saw I bought I got 10 of these okay octom minor X12 Ultras it comes with it comes with the 478 GB cards processor motherboard I mean it's a whole octom Miner X1 this is a version one um it's very small so mind you like big boy cards will not fit in this thing uh unless you move the fans to the front um the spacing is tight um anyways I got 10 of these and I'm I'm just I'm like you know what I like you know 2021 one of these RX 470s was like or an RX 580 you know was selling for $500 right but that was that was back when ethereum was there right back in 2021 that was during the bow run okay I'm talking about bow run numbers here we're in the depths now we are in the depths we're in the we're we're we're in the in the how do you say it we're in the thick of it you know we're in the dirt we're right right now we're in the very bottom of GPU Mining and so like 2018 2019 2020 like those are the times to really start building and like accumulating and I believe now it it's no different the same idea applies now I think it's time to still start building infrastructure continuing to grow scaling and now you know buying things like this I'm not saying you know I'm not saying these are going to be good I'm not saying RX 470s are going to be good in the future but the octom minor cases themselves in terms of the value that these provide for $329 I I like you can buy it without the gpus right the option here is here 229 uh for the X12 but I wanted the 470s just because I don't know maybe I'll make like a GPU wall of 470s or like a you know like lonus Tech tips has like a motherboard wall maybe I'll do like an rx470 wall or something because I have 120 of these things there's 12 there's 12 470s in one of these H so funny but anyways I bought these because it was so cheap and I feel like potentially you know in the future the Bull Run comes we're going to have PR appreciation on a lot of different GPU minable proof of work coins not say not Financial advice we don't know if that's ever going to happen again but I'm taking that risk I'm taking the gamble I'm going to I bought 10 of these and I'm going to you know see where it goes right cuz then you know it's potential that these things could could bode well uh in the future somehow and really for 329 you're getting a whole setup you're literally getting a whole setup motherboard case everything uh and the extra in my the extra part of it is the 478 GB which are obviously not efficient cards right now they are not profitable gpus by any means like uh 470s let's see let's go to like 58 so unless you had free electric right but at 8 cents where I'm at I'm I'm losing like 30 to 40 cents a day on a 470 580 but what if and this was my other reason why I got these is what if you know there were some type of uh kapow algorithm some Kow coin that went up what if there were some kapal coin that started to pop off um in the future multiple kapow coins who knows who knows right who knows that I'm just spitballing here um but that's just a potential that's what I'm thinking about about and uh the 580s 470s are are great on on mining kapow so um if anyone is going to purchase these I do have a coupon code for 5% off so you get even you get another $20 off if you do buy this just just thinking about Yeah the code is rpm pcsp 5 and you get five another 5% off so that's even better that's even better that's 5% off $329 I think it's like $19 $20 or something anyways I am going to have many videos uh I'm going to set these up and I'm going to try to undervolt I'm going to massively undervolt these 470s um and uh another thing I have been somebody sent me some okay this this stays in here you guys this this stays here all right this there's this stays here nobody tell nobody tell anyone else you guys can't tell anybody hit that like hit that like and I'll tell you I need to see 100 likes before I say it 100 likes just hit that like button takes one second one one second where is it uh I can't find it here anyways I've been sent I have been sent some typee of secret rx470 bios now I don't know if it's if this is a virus or a Trojan or I've been already hacked I didn't open it yet I I haven't downloaded it I I don't know what it's supposed to do it's probably going to hack me but I'm going to try it one day uh in Clos Network in the barn I have to set up the internet in the barn mind you you guys saw my video yesterday I need to set up the internet still and I need to try some uh some special bios mod on this on these RX 47s apparently we can get some pretty nice power saving but I mean I've heard that before um I know there was some special Farm I think someone said some special Farm in Germany that they've been using RX 470s okay here here yeah I just want to I just want to show you guys something hold on hold on I stats hold on this is this is no Nob brainer to me as to reason why RX Polaris gpus are still being used to this day there's still 16% of hiest people still using rx580 8 GB cards H there's even 14% using oh 5700 XTS that's pretty that's pretty insane but if you equate the 578 gigabytes 474 gab still 4% there's still 4% of people was out there using 474 GB cards that's crazy to me that is crazy that is insane so I'm uh a pirate probably with tweaked memory timings um a pirate I think so I I I mean we've we've seen we have seen many many different timings in the past what other things could you could you do on uh Polaris GP and come to think of it I remember a long time ago we used to use red bios editor eigor or Igor's lab um more power tool you guys remember this I remember this I remember this tool so this was something people were using to uh change the was it soft play Power tables the voltage voltage control like this is and you can write the BIOS you can make the BIOS through this more power tool I I I I remember yeah dude we used to do this back in 2017 2018 but you know since then since ethereum after ethereum no one's ever come out with any of this info so um I'm I'm I'm you know what we're going to bring it back we're bringing it back we're going to bring back the custom modding of of AMD gpus but Polaris oh this one's for the 5700 XT wait is there wait was there one for the was there one for the uh Polaris I thought there was a version for the Polaris or this is a different one wait the more power tools for the 5,000 6,000 series [Music] man it's been so long it's been so long we got to we got to we got to we got to look this up later we got to th this requires finesse because if you do it wrong you can you can it's just like firmware modding like uh changing the firmware on your KS Zero Ultra except this is even more [Laughter] dangerous you can brick your 580 easily easily great a good mining good sir hello good sir good sir Yeti hello Yeti seriously poor form poor form Yeti where did what did you say earlier what do you mean poor form you get out of here Yeti damn it oh Yeti I forgot to respond to you on Discord I I don't need help with cacti because I'm not going to use cacti but thank you good sir thank you man good old cacti uh jock MC Miner uh all track ghost network when crypto powered Sona room never never RPM is busy firmware it says tolls are needed chisel Sledgehammer blowtorch Smokey Dan great good mining hello sir I love these cheap octom miners I bought to I am addicted uh greater good mining that's that's hilarious my friends that's yeah these things are are I mean you're not going to fit Big Boy cards in these unless you took out the fans uh but it's it's still like it's it's better than buying like a open air frame setup cuz you get three power supplies you you just get everything you get everything in one and you get like basically the free 470s well they're like $100 cuz you can buy the non uh 470 one for 229 right without the gpus so this yeah this one is gpus are not included it's a pirate just get an eom programmer and you'll be fine even after F faed flash okay a pirate okay I just threw some 370s and 360s in M very good mining yeah that that's exact what I'm probably going to be doing just like yeah the smaller cards not the big boy cards what I'd like to find is like I want to do like 12 like GTX or RTX 3050s like I want to have a whole bunch of those and then like 12 of like the 40 50s or something like and then the RX 60 or 7 6500 XTS like 12 of those in the next 12 like I want to have like all the smaller boy cards in one I want I want to I want to do that 6600s are going into my OCT Miner yeah travels travels 6600 XTS oh man those cards are the best yeah oh if I could have 120 of those right now I'd plop them all in here oh yeah 120 of them yeah I even got a picture right here this is the the you know what the I don't think these would even fit these are the these are the uh Red Devils powercolor Red Devils uh winter is coming byy X12 Ultra with Polaris cards inside Sasa c yeah they're great heaters too actually Sasa you're not wrong actually that's a great you know what that's a great point that's a great point cuz these also did come with that these also did come with the Nema the 120 volt plugs and these 750 watts can run on 120 volt granted you can't run three 750 watts like yeah you can do one rig you can only do one rig on one Outlet essentially and you can man that's a good video idea thank you thank you I'm going to be using one of these as a heater bring it upstairs plug it get in uh you need Network though still it doesn't have Wi-Fi unless can you get a wait can you put yeah can you put the Wi-Fi adapter on these yeah you could right Wi-Fi adapter hios easy yeah Wi-Fi adapter done USB Wi-Fi that that would heat your whole house I mean this would heat up a room pretty well in winter time say sometimes 100 1,000 GPU count when uh I'm now well over 500 now I am now well over 500 gpus yes yes look there's still more rx580s than RTX 370s on on on hi West that's pretty funny Urban motor showroom GP mining is beyond my capability I am an Asic guy uh honestly ah you know I found with you know I've seen it all like I've I've met or I've talked with a lot of all types of crypto miners we got crypto miners who are fundamentally only supporting GPU mining because they believe they don't believe in centralized like how as6 and the projects that use those types of minors I get it right there's people that do there's people that are like that not many anymore what I found not many people are like that anymore um but that now more so now there are now a lot of people that are into as6 because as6 have simply been more profitable in that regard trust me I come from TR trust me you guys that trust me I've come from GPU mining uh how do you say it you know like in the very beginning I come from GPU mining I I was always into the fundamentals regarding you know GPU mining is uh is the most decentralized and uh types of hardware for mining uh meant for crypto Mining and you know I've and over the over the course of the past six years I've lost that touch yes I've lost the fact that I no longer I actually no longer believe in that in that fundamental anymore because my reasoning for that is cuz as6 are actually very easily attainable now to anybody that's out anyone that can go to a website like ice River or crypt Miner Bros or Terra hases is or anybody that's on my trusted site list on my website anyone can go to any of these websites and buy an ASC minor it's a readily available type of Hardware now so I'm going to say that argument is is now no and I just realized I have [Music] to drive my wife to an appointment that I totally forgot about all right so uh I will see you all in a live stream tomorrow I'll see you all in a live stream tomorrow do Miner it's nice to know ARX 580 is top AMD on hive good selling point for my eBay sell that's funny what you no longer believe in the projects but we mind to support the network and rewards our later gains I mean yeah it's the later it's like a it's like a slow rug it it's like a slow rug to uh to sell the coin later right Smokey Dan okay I'll see you guys later you guys have a good one happy Saturday peace out peace out peace out appreciate you all you guys have a great day enjoy the powercolor Red Devil 6600 XT background love this goodbye thank you okay [Music] power

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