[Applause] [Music] [Music] oh modern mining bro thank you for the lovely banner yes yes look at this my friend thank you for sending me this you know what let me hang it on the wall modern mining thank you so much man man again for your banner guys everyone go subscribe to Mr modern mining I have a link down below to his YouTube channel he's a new up incoming crypto mining YouTuber amazing videos great content creator link down below to Mr modern mining thanks again man man my banner walls are getting filled up chump change Pocket Change The Beginner's block I got deep miners Financial failure and I got more on the other side there all right my friends this is J a vlog regarding my basement here which is still a work in progress and yes my wife has not been able to park her car in here I know I got a lot going on I don't know how else to explain it to you guys I know a lot of you think I don't do anything but seriously outside of my house right now is a war zone I got a lot going on outside that uh stay tuned I may be getting two sheds okay two sheds but one's going to be for mining one will be just for other you know outside stuff so stay tuned for that I still have the floor gpus on the floor these are still the 307s I have yet to put them in the working octom miners I got two octom Miner silver cases that are I guess dead in a sense I tried to revive them by fixing the motherboard I tried to replace the I don't know just reseat the CPU I tried different Ram it doesn't work so that I'm I'm sad to say I think I got two dead X8 Ultras but that's okay okay just a quick update here I I want to update you guys mainly on my gpus but my as6 here I'm pretty much maxed out in terms of power and uh the current temperatures right now it is a pretty decent hot day 86 fit intake and my exhaust is about 100 fah over here here's how much power I am using on all the circuits currently so I am actually going to be sting out a few of my Basics here for hosting so you guys know these new bombb miners easy 100 C's I am probably going to keep these here because these are you know less than 800 WTS so that is good I do have a coal engine P2 now this fpga I'm not quite sure if I need to send this out to another uh content creator I haven't gotten any updates from Jingo mining so uh or otherwise maybe I'll give it away or something I have a big main K7 here I'm going to be sending this off for hosting I'm not quite sure which hosting provider I am going to use yet but uh once I know then I will give you guys another update video uh when I ship out uh this at minor K7 and then I have the uh alphapex gg1 I'm also going to be sting this out for hosting and I have the ant Miner E9 which uh we've already broke even on the $10,000 uh of Mining and holding so this I'm I actually said already in another video uh earlier like I think a couple months ago that I was probably going to give this away now there's one issue though I don't have the original box for the E9 but I have an E9 Pro box so I'm unsure if this is going to fit in an E9 Pro box as uh I think the E9 was a little bit shorter so that I'm going to figure out first if I can actually package this up and then uh do a giveaway of the E9 the E9 here is extremely extremely heavy so this one I will only be able to give away I guess in North America maybe only Canada even because this thing is just it's really heavy and to ship this it's going to be very expensive anyways those are the big boy Asic miners that I have here of course I have a bunch of uh ks0 Pros that are all running I have the AL box which is all running and stuff uh got a Ka box Pro which uh seems to be still going pretty good now I don't think these are worth it to buy anymore because there's a bunch of the ks0 ultas uh that are a lot more I guess affordable cheaper than the KA box Pro now I know gold shell did lower their prices uh for these but I don't think it still doesn't make sense to buy the gold shell uh Ka box or the KA box Pro because the ice River KS zero ultas are a lot more efficient and also priced a lot better speaking about as6 if you guys are looking for any of them check out Crypt minor bros.com if you guys are interested in any types of as6 Link down below okay so update for all of you that are GPU mining I know a lot of you guys are are either not GPU mining anymore because of your electrical rate I know current profitability for GPU mining is has been quite down in the dump and so those that are able to continue to mine no matter what I'm currently mining zealous just to let you guys know I've actually been mining and holding zealous for the past I think 2 weeks now and uh I've been seeing a little bit of price action on zealous and so I think in my opinion not Financial advice I think zealous might have a little bit more room to the upside so we'll see if that is a thing and that's what I've been mining and holding currently as it is a little bit of a lower power algorithm for for my 307s here all 307s and my other Farm I also am mining zealous and also a bit of chor on my AMD gpus so just a little update there for you guys on what I am currently mining I haven't really kept up with you know what's the most profitable or anything like that but I think as far as I know zealous has still been uh one of the top coins uh for GPU mining at this point in time real quick zealous on their Twitter just posted hey everyone how's it going we have a final date for the network upgrade mark it remember it to be there with your gpus and CPUs lower energy consumption less heat Eagle Teran mining between GPU and CPU July 10th at 12:00 a.m.
UTC time block height 434,000 okay so this is where they're going to be changing to a new algorithm all right from their existing one because apparently there's a lot of fpgas uh that have been uh mining it right now so they want to kick those guys out and uh that's a that's a good thing right that's a good thing for zealous and people that are mining zealous so I'll keep you guys updated on that uh on another video when the time comes closer now I know a lot of people that have higher electrical costs it's been it's been hard and I know that you know in line with how the crypto Market is with Bitcoin been kind of having this dip recently I know a lot of people have been getting you know the fear of that you know GPU mining is dead or things are not looking very good at the moment and you know that always goes with Bitcoin and the cycles and altcoin season all that kind of stuff right now I would say we're not in that altcoin season yet actually I've kind of seen a few coins jump in price and so there's actually been a a bit of uprise in a few altcoins that have been coming up not necessarily GPU minable coins but just generally overall um in in the I guess proof of work market so for me personally and I think for a lot of you guys even with my mining cave uh 6600 XTS here I'm mining eight various coins here I got like DX flux I got neoa I got N I got clor I got meor and ravencoin I'm still Mining and holding on a lot of these rigs up until we have that uh altcoin season or Price appreciation so the mindset for me is still there of Mining and holding and I think a lot of you guys are still doing the same thing as well so I think this part for me to say for you guys just as a h just you know keep on keeping on you know continue on mining keep continue on GPU mining in terms of Mining and holding that is obviously the ultimate strategy of waiting for Price appreciation for a lot of coins that you believe in and so I know that it's a hard thing to swallow these days especially with electrical costs rising and so there's definitely a lot of people who have been unable to continue to pay out of pocket continue to hold the coins up until we are getting that altcoin season okay so I know that is a hard thing these days and a lot of people have been getting out of GPU Mining and I've been seeing farms for sale and whatnot but for those that are still able to continue on believing in the journey believing in the Cycles essentially those are the ones that are taking the risk and hopes that it will be a a better invest m in the long term so obviously that's not Financial advice Anything could happen but going back in previous history that has been time and time again the Pinnacle crypto mining strategy Mining and holding and waiting for the next runup okay so GPU mining is not dead contrary to what everyone is saying recently even with ethereum gone the correlation of GPU mining dead is only to its profitability okay as everyone is factoring that into oh you know mining on a 3070 right now you're not making anything maybe a couple cents at like 10 cents kilowatt hour yeah that's true but it's not dead in a sense where you can actually do the crypto mining strategy of Mining and holding okay I just want to make that clear and I know what everyone says why don't you just buy the coin and you know what no that's a different type of in investment strategy for me and for many others who GPU mine we love this stuff we love playing around with gpus we love setting up rigs we love the fact of Mining and you know doing it ourselves not just buying the coin and holding it and sitting there doing nothing we like to do this type of way and of course I I guess a lot of people who do it as a hobby or as a business I do it as a business and so I can also depreciate the hardware expense the electric expense the internet all that kind of stuff so doing it this way is also a benefit as well and of course can't forget factoring in when you know if potentially when GPU mining starts you know getting profitable again then that means a lot of this Hardware that's been sitting potentially can be used to sell at a higher value than what it was or what it is now okay which we've seen in the past you know mining motherboards like like this one mining Master this was selling for over I think $500 to $1,000 at one point in the bull run and you know once we have that bull run crypto mining Hardware could become that again okay so just a reminder to some people that you know just because we're having this low time right now that it's it's potential that we could run into that again am I saying that's going to happen no but I believe in the Cycles not Financial advice and if we're going to have that time again then you know so be it it's we've been in this now for the past 5 or 6 years we've seen these Cycles if it's going to play out again then so be it we we basically told you so at and this is what US GPU miners we're in it you know we're Ground Zero in all this stuff I know a lot of you guys that are for those that are still in it we're still doing it because we believe that you know we're going to come to that time again and uh I'm going to be here with you guys I'm going to be here with all of you guys creating the videos creating the content documenting the journey which I have done with all of you I have documented my whole journey ever since you know moving into this house and oh my God I really got to install my my 2 AC uh head units upstairs with the uh heat pump that thing's been sitting for like 2 years anyways I'm just rambling guys I wanted to update more uh with you guys here I have H my salad rigs okay now this is uh you know what actually let me do that in another video I think that deserves its own video I think this video is long enough I think I got one of the GPU fans is uh is broken here but uh just a quick thing I think my 3060 uh RTX 360 12 GB card is actually earning more than my 3 390s uh each of them so yeah there's been an influx of users that been coming online and the 390s I've only been making like $2 or less a day wow I think the 3060 is still making about $2 a day so I I'll make another video about that okay that's all I wanted to talk with you guys about you know I'm still continuing believing in the GPU mining journey I know that I have been doing a lot of Asic videos Asic content but uh that's been my obligation to a lot of the uh resellers that have been selling these for me for review and to Showcase to you guys but hopefully I let you guys know what I'm still doing it's I'm still staying the course GPU mining still Mining and holding some coins zealous I've been majority on zealous right now I feel like uh there's been a lot of emissions with that coin and so I think if we're on the precipice of the altcoin Season then it could be a good investment but we'll see about that not not Financial advice we'll see so let me know what you guys are doing I'll see you on the next video have a good one peace out [Music]
