The $30000 Kaspa Miner INVESTMENT after 2 months… BAD IDEA?

hey guys RPM here hope you're doing well having a really great day this video I just saw that my k5l has lower hash rate and ALS so my k5m looks like it's down so this is an update video of I guess 2 months mining now with five Caspa miners three ks5 LS and two k5m that I started on August 1st with a combined value of $30,000 USD so I'm going to show you guys how much Caspa we have mined I am doing the whole Mining and huddle method to a singular tangum wallet here and my RPM branded one if you guys are interested go check it out link down below use code RPM for 10% off so yeah I'm going to show you guys just my earnings over the past 2 months now and uh have I gotten my initial investment back obviously not it's only been 2 months so let me figure out first why this ks5 L is not getting the full I guess 11 Tash and as well uh here's a ks5 l and then this is a k5m all right and it's got a red light I that is not a good sign it doesn't show up on the pool side and I'm not able to log into it so what I'm going to do I'm going to turn this off all right I hope it's just I hope it just needs a reset cuz it's been a few days I didn't look at my uh pool side I didn't see you know this thing that was off and uh I realized I still don't have like a solution to have all my as6 all my gpus in one like platform so uh stay tuned I'm going to be trying something called hion Enterprise where I can hopefully put everything my as6 my gpus maybe CPU mining rigs everything into one you know guey one graphical interface so that I can monitor and you know get updates and everything all right let me troubleshoot my uh k5l okay looks like the ks 5m is mining after just turning it back off turning it back on so that's good and does show up on the pool now okay it was usually just four now there's five okay so that's good but the k5l definitely has an issue so I've installed PB farmer overclock software uh which I'm not overclocking it's just stock and definitely one of the hash boards is down so I don't know why a hash board would just go off like that I did try you know turning it back off turning it back on I Flash the firmware uh with stock it was the same I tried PB Farmers firmware here it's the still the same so I have a feeling that this hash board one of the hash boards is is just simply Dead uh which sucks so that will obviously affect how much I'm going to be mining I guess over the next I don't know however long hopefully that I can get my you know theoretical initial investment back of $30,000 so let's go on the computer and let's talk about how much Casa we've mined and some the reticles about the future Asic plug.com your Premier Source for top tier crypto mining equipment us owned and operated based in lockheart Texas they provide the latest Asic miners directly from the top manufacturers today with years of Enterprise level experience their us-based team ensures you get high quality Reliable Hardware at the best possible prices their mission to empower you in the exciting world of cryptocurrency Mining and to provide you with Stateside service of Peace of Mind visit Asic plug.com today and start mining with confidence okay so here are the results after mining for about 2 months actually yeah exactly two months now that uh we've been mining kaspa with these Miners And so we've yielded 44760 kaspa and as of right now uh this is worth about $6,500 now this would be worth a lot more earlier but as of recording Casa's price has been kind of going down here almost 14 cents now so kind of a bad time to record this video but whatever doesn't matter like maybe last week when or maybe a couple weeks ago when I had this stack before maybe at like 40,000 if I times this by I think when Castle went up to 18 cents at one point you know the stack was worth a little bit more so it's very volatile The Mining and holdal method that I'm doing here that it's very volatile so just keeping that in mind but I'm holding all of this up until we have you know of course further uh price appreciation if that's ever going to happen not Financial advice of course so we're going to see if that happens or not if it doesn't and if Casper goes to zero well in theory the $30,000 investment I will never get that back but that is why I am doing this test for like a long-term test okay this is going to be long-term all right I don't have like a shortterm goal for this like oh yeah I'm going to get this money back in like 3 months no 6 months no my long-term goal my time Horizon for this is like a year maybe a year and a half or two you know a typical business on average supposed to be getting your money back over a span of two to three years you know on average so I think about it like this way this is like a long-term game this is not like a getrich quick scheme so as long as I believe in the Bitcoin Cycles altcoin season I hope that caspo will do well so that's my whole thought process Regarding why I am Mining and holding but this is after 2 months we have mined 44 ,760 Caspa now what if all right and I always do this every now and then so what if Caspa went to a dollar so this the holding that I have here now times it by $1 okay right this will be $447 then in which case yeah I will initially get my $30,000 initial investment back okay so that's how I'm looking at it that's why I said we are hoping for further price appreciation uh in the future so there's that just to give you guys an update there but maybe an update now of how overall how Caspa mining is now and it's yeah it's getting it's getting pretty uh it's getting pretty difficult as the network hash rate for Caspa continues to climb every day and there's the profitability of these miners that have been essentially been going down now I know that there was the kc20 not not too long ago a couple weeks ago and it rendered a lot of these Asic miners like a ks5 L for instance you know 12 ter hash at one point you know during the KRC day uh when it first released you know this thing was making about 301 $32 a day and then you know slowly started to trickle down as you know less hype less people were minting uh the KC 20 tokens and thus the transaction fees were uh they were going to the miners yes which was really good but it started to come back down here uh back to Norm because minting is I guess not as many people are are minting now that's that's how it's work that's how it works but I can't forget that you know this milestone for Caspa was a success it showed that Caspa can handle all of this transactions so it would be a good project for you know some type of adoption of some sort that it can handle this type of transactions so pretty cool pretty cool with Caspa anyways this ks5 L is now ordering $448 cents a day uh at my 8 cent kilowatt hour you know if he had 12 cents per kilowatt hour it's pretty it's pretty Cutthroat to think about that this now makes $121 at 12 cents per kilowatt hour that that's that hurts that that really does hurt and if you had 15 14 Cent per kilowatt hour You' be losing okay about 42 cents a day at 14 cents per kilowatt hour so anyone with a ks5 l all right it's looking it's looking pretty dire and doesn't help that casus price is going down at the same time as well as the the Casa's emission schedule is going down you know another 5.6% every month uh which we are at the Block reward of 87.3 uh right now so we are in the third chromatic year phase and yeah that's about yeah that's about right so October 6 we're coming up with another uh emissions reduction to 82.4 Caspa per block and right now total mind of Casp is 86.5% so it's yeah we're nearing you know the point where it's going to be down into the like single digits of earning of Caspa yield the yield of Caspa over this next month here I'd say over the next half year to a year where all these miners that we that we have you know some people that have these are going to be earning much less uh Caspa in terms of Caspa now the dollar value is going to be really dependent on kaspa's price so I mean if if it doesn't go up it's then it's not going to be good it's not going to be profitable okay but if is then it's going to be great and so then this test that I'm doing is going to pan out but is it going to pan out do you guys think I'm going to get we're going to hit this $30,000 you know initial investment back in a year or less or even more right we don't know maybe never right this this is a good test but how many more Caspa miners are going to be released out on the market right now is bitmain going to come out with their new model you know maybe a ks7 and is are they going to sell you know thousands of these thus making the network hash rate even worse and thus making the yield for everyone else uh you know now that you know we have these models that came out ks5 Pro uh ks5 L uh now we got like ks2 lights and you know all these types of miners from Ice rer it's it's really it's really pushing out all these all these other older models are not going to stay on depending on people's electric of course but if people have high electricity cost you know these models are going to be rendered useless now and there'll just be no point in running these but the Hope here is that C's price goes up so is that going to happen your guess is as good as mine but I believe in the cycle all of you guys that are in this space believe that you know crypto will come back to a time when uh things will do will do very well again but uh bitcoin's been going down so that's obviously bringing uh the whole Market down as well all the other altcoins as well but okay that's it guys that's it for this video let me know your thoughts and uh let me know yeah just what you think about how how this test is going now uh after 2 months okay and yeah I guess I'll equate my electricity cost uh I guess further down the road but yeah it's uh it's quite a hard pill to swallow right now as the price is going down but you got to believe got to believe in the future but if not then we're all doing this for nothing so I'll see you all in the next video have a good one peace out

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