[Music] everybody [Music] everybody the everybody Dr to everybody know the Dr whe [Music] everybody [Music] thebody top everybody the Dr everybody ibody everybody [Music] ibody [Music] [Music] [Music] good morning welcome to the live stream Bros welcome welcome techman New England crypto what's up Mike The Miner random Miner jock MC Miner UK what's up man Smokey Den what's up retro mic yes please you deleted your channel good good good sh mining good morning BC good morning Carl M good morning prox Krypto good morning okay I want to start off with an ey openening thought-provoking mentally challenging [Music] mindblowing Oscar winning crypto Mining [Music] Play So technicals what's up man good morning good morning the technicals I love you man random Miner your brain better hurt after this it better it better hurt after this okay all right here is why you mine and huddle okay here's just one example of Mining and holding so I got one example here of me mining a lithium last year okay I'll show you the transactions here okay um let's just go all the way to the beginning okay so by March 21st 2023 I know for a fact a lithium during this time I was mining with a couple of rigs on on and off okay I didn't have my whole Farm okay in the beginning mining a lithium but I I did have a good amount of rigs you know during this time mining a lithium look at this time like this is back in April 0.6 El I was getting many payouts every hour I should have I think I changed that later on but this is just an example of mining a coin during the bare Market okay uh this is what I did during just okay and when I mean bare Market so just one this is just one example I'm going to talk about more other coins here during mining the in the bare market and holding but throughout 2023 January all the way till November 2023 obviously the price of lithium it's not where it is now but it was bottom Barrel you know profitability was not there maybe you're breaking even on some gpus depending on what you're electrical cost is and uh uh good point landmine crypto good point yes lithium was also another big coin that was dual minable sometimes triple coin minable uh with zil okay previously in in the good old lhr days you know before the ethereum merge even and we've made T tons of videos about that previously this I'm showing here okay this is just to understand and and realize the big picture here so my cost basis every time I've been mining a lithium last year in 2023 that's only worth it was worth $88 every single time it hit my own wallet okay this is the for tax reasons this is my cost basis okay every every time it hits my own wallet here you guys can see with dollar.
Uh 1.02 lithium single payout was worth 33 during this time and I mine and held still have it till this day uh granted this is just from this is all from 2023 I don't have 2020 I have some Al lithium in 2024 uh this is not my whole bag but this is just to give some perspective here okay my initial cost basis is $88 so if I sold that Al lithium every single day throughout last year it would be worth around $800 8 you guys understand that you guys understand that so total in that year I mined 2500 uh 25 uh 2538 .8 athum uh in in that year alone okay just a lithium so initial cost basis $88 USD average is about 32032 Al lithium uh per per lithium okay but look what has happened look now the value the total value of this bag that I mined in 2023 last year is now worth $7,000 $7,495 77 over the past 90 days it's up almost 1100 almost 1200% leading the charts here past 90 days year to date doesn't it still looks pretty good but that past 90 days more so it has been a lot okay because as you all can see here on the chart of a lithium so here in lies the power the power the the the the insane gain the potential here speculating the speculation the the patience the mental hurdle the the struggle the discipline the eye openening ability to be able to hold a coin that you think would go up in the future so there you go unrealized gain here okay um in terms of tax wise I know a lot of people don't want me to talk don't like talking about taxes the gain is here is about $624 okay the cost basis is $88 so I remember it was it was pretty I was pretty much maybe I was losing 10 cents or I was uh at least breaking even on my electric so this cost basis pretty much coincides with how much electric I probably would have used um with the gpus that I was mining for lithium okay so break even maybe I was using a bit more maybe less still I'm up almost how much how many how much multiplier is this what's 7,000 divid by uh what's the multiplier gain here uh in terms of dollar value uh divid 808 that's a 8.7 * 8.7 * multiplier in the value that I just simply held and waited for the coin to price appreciate is this making sense is is this is anyone finding the value here I'm not I'm not trying to boast here but this is exactly the the crypto mining strategy of like spec mining holding it and you're waiting to see if it eventually is going to go up I mean I I guess this coincides with Bitcoin also going up okay Bitcoin is at $52,000 now which is quite insane which is which is amazing so I mean the whole Market is going up in general um but there's going to be some coins here that are pumping out uh even they pumped before Bitcoin like a lithium I mean there's a bunch of other examples here I don't even need to I don't like I got nervos I got ckb I got CLA as well all these coins have pumped over the past 90 days narai is another play here seia coin seia coin this is one I've been mining almost two and a half three years now and this bag is getting pretty juicy I I I'm going to have a video about you guys remember those $700 HS lights those gold shell HS lights I got two of them they're about 700 bucks yeah yeah those turned into into almost $110,000 uh mining bags of seia coins so I have a video about that later um this is the true power this is the true power of Mining and holding especially if you're just breaking even this is a a true example I have many more examples I could give you guys I could import here into coin Le and show you the initial cost bases of when I was mining it breaking even or even losing even if I were to lose 8.7 times worth of electric I then I would break even okay that would be a lot on electric okay granted 8 800 oh thank you Luke for the donation Super Chat good sir good sir ah L poo yai donated $10 shows you mining something you have conviction in While others are chasing the charts pays off it also shows that if you take the time to set up the core wallet others avoid from lazying yes thank you Luke P thank you good sir thank you how are you man uh retro mic thank you for the $5 Super Chat I got into BTC at 650 and been in profit for 10 years hold and retro mic show me your bag show me show me show [Music] me that's a m thank you smash the like Bros welcome to a Thursday morning oh no afternoon live stream I got into BTC at $6 been in profit for 10 years puddle and use as needed SL desired got your mic very nice very nice very nice so uh BC you wanted me to talk about tax real quick well yeah okay so I have to pay I've already paid $88 okay uh this is this is the initial cost basis so this is income for me so now the next part of the taxes because I haven't sold it yet so I don't have to pay any taxes after the 88 yet until I sell it so if I do decide to sell um all this Al lithium now I would have I would have to pay a capital gain of 6,000 uh of six uh whatever the tax range is going to be of $624 okay so that's that's that that's that bit there everyone's tax uh taxes are different so don't quote me on that speak to your CPA uh Tax Advisor what have you um okay so that's it that's it that's all I wanted to uh that's all I wanted to show okay this is just this is this is just to show the true power even if you're Mining and breaking even on your on your um uh breaking even on your electric when you're Mining and you're spec mining this is exactly this is exactly what happens this is this is literally what happens okay so it could happen okay it doesn't happen with every single coin that you're trying to you're you're going to be spec mining because also timing is everything too like you don't know when that coin is going to go up in the future or never so that's the risk right that's the risk you're willing to take this is a single example of just me mining a lithium on on a couple of rigs throughout the year accumulating this much and now it's it's you know the initial cost basis I was like oh this is only worth under $1,000 right but now it has mooned up to about 7,000 so that's the true power of Mining and holding and that is really really for those that are if you're chasing the profitability and and then you're selling every day you're you're not going to make you're look you're you in theory you only made $88 if you sold that day every single day I got a payout and I sold it for cash or something or maybe for another coin okay that's a different strategy but I'm just speaking in terms of actually doing it for profitability like let's say you were mining into nice hash let's say you're mining a lithium into nice hash okay you would be getting the Bitcoin right of course that's that would still be in crypto which is fine but I mean how much in in theory then $88 in Bitcoin hasn't gone up much more against a lithium I can show you right here actually I can show you a great example year to date year to date Bitcoin has only been up 22% okay past 90 days it's 42% Al lithium 183% year-to date 11 almost 1200% the past 90 days so they're in the for those that are mining into Bitcoin it's a lot less it in a way mining in Bitcoin is going to be a uh safer uh safer risk in a sense um alium when it was top what thousand I remember alium was market cap of what 2,000 3,000 market cap now it's top 260 with 195 million market cap it just jumped obvious viously a lot right 11 1200% over the past 90 days so um that yeah that that's that's it I mean this is this is this is the true power of Mining and holding and this is just one exam like one example I have if I can open if I if I could open up my personal my business coin Le account for you guys and show you all my coins they're they're all uh Krypto KJ thank you for the donation good sir Krypto killer Jews donated two pounds through Super Chat send more RPM Fe piics I sold other piics for profit God damn it Krypto KJ God damn it retro mic this is cool and all but how much did you make with vast nothing I don't have any vast rigs retro M Tech donated $5 through Super Chat this is cool and all but how much did you make with vast vast I like how it says vast jock Miner did you consider what 27k would get your CPU mining rigs versus the 10837 E you traded uh jock Miner no we never compared that example but we could New England crypto thanks for the needed Hy M back to work over here I don't get Miss get Mrs NC here often with her being PR again again having second person here is so helpful New England crypto nice man enjoy the day enjoy the day bro um okay so that's the end of this segment that's the end of this segment um let me know you're like let me start up let me start a p um do you do you guys get this strategy yes no I did this I don't do I don't do this okay start poll all right I need to gauge the community we have 228 people watching 56 likes smash the like button Bros let's get to 100 at least at least all all showing you guys one of a part of my taxes here of last year part I wish I would love to show you guys all of my other plays here in coin Le if I could show you guys my business account coin Le I have all almost pretty much all of my coins are in higher percentage profit now now because a lot of these coins that we mined last year clor I M near I I even M ethereum classic is up um a lithium of course I just showed you nervos I mind seia coin I Min hell I mind a lot of stuff and it's it's all it is all generally gone up now the portfolio is well over my portfolio is is is looking pretty it's looking pretty nice but that is it all stems from holding it okay which is a hard pill to swallow I'm not I'm not going to sit here and say crypto mining is all sunshine and rainbows it's not okay I I know it's not easy to hold these coins especially if you're uh you know living paycheck to pay paycheck your financial uh means are a lot harder and you know sometimes you can't pay for the electrical bill and then you're going to have to sell the crypto maybe sometimes at a lower cost basis and so you're going to get a an unrealized uh you're going to get a loss not unrealized you're going to get a a capital loss so some people do that you know uh some people have done that and I know over the past year and a half it it has been a hard Market crypto mining over the past two years year and a half is not easy especially during these low times when profit is nothing like when I had those rigs just mining a lithium for nothing like 88 bucks but I'm spending I was I probably spent more on electric than the initial cost basis of a lithium here but you know this this is what has played out thus far am I selling this now no but this is what has played out uh by having the the patience and just waiting for Price appreciation of of a coin that you decide to that you decided to mine um red panda you get to deduct your electric from that 808 right yes of course Homebrew crypto of course so it is ex so it's literally paying like I'm not paying for this cryp it's like paying nothing for this crypto because I paid my already taxed income for with this for the electric bill so it's I'm basically I'm buying the coin but I'm been mining it throughout the last year slowly so in theory it's like if I paid around $800 to $1,000 in electric at that time throughout the year that's it's the same idea of like buying the coin I could have just bought I probably could have bought more of the coin um if it was you know lower like as I mined it throughout the year but you know a lithium with the 30 30 cents 40 cents during this time so cost bases a little bit higher but you get what I mean right you get what I mean but at the same time I also have Hardware okay Hardware is probably going to appreciate here as the market goes up as well so uh I can also depreciate the hardware for for running it as a business so cell phone internet tax uh electric it's not the only thing I can expense right electric is not the only thing you can expense on your business so am can I borrow some Yankee you you are richer than me good sir sha mining red P of mind the best strategy is to mine coins forget you have them and after a couple years do some cleaning you'll find the wallet Rich AF uh sha mining uh yes yes I agree I agree I agree bro I am coming for your GPU totals and passing you Joker Meer how many gpus do you have all right I'm going to end this poll do you guys get the strategy 64% of you said yes 90% of you said no 20% said I did this 7% of you said I don't do this yeah nice very nice very nice okay well I I just I just wanted to I don't know if this is more so kind of like you know all the comments all the people saying you know GPU mining is dead GPU mining is dead don't get into GPU mining GP mining is not profitable at the end of the day it it it it it turns into it can turn into this like this is just one very small I have a very small example here okay $88 initial cost basis of the coin all right it it turned into 7 Grand if I sold it now that is okay this is just if I sold it now obviously still I was I was just I'm still Mining and holding it I didn't sell it in 2023 obviously um so still holding it so we'll see how that goes in the future if Al lithium is going to go up even higher if you guys an update I can give you guys another update later on what if a lithium went to $5 this would be 14 Grand what if a lithium went higher than that who knows who knows a lithium would have to go 400 million uh $400 million market cap so I mean if nervos network is almost 600 million market cap what's not to say lithium could go up to around there so that' be almost three times that'd be a threx lithium could be $67 $8 so this could be a 3X the $7,000 could be worth 21 Grand if we keep going up here if the market keeps going up and Bitcoin keeps going up bringing up all the alt coins as well so we'll see how we'll see how that goes we'll see how that goes again I have many examples of other coins like I've already showed you guys like the C Caspa Caspa is an obvious one okay obviously if you got into mining this coin a lot earlier um yeah there's there's there's been so many there's been so many bare Market Mining and holding plays that you could have done hindsight Is 2020 but this is just I wanted to give an actual real example real play here that I mined with just a couple of rigs throughout the year there's been times where I stopped mining a lithium okay it's not I didn't just I didn't mine a lithium consistently throughout 2023 okay the there were times where I stopped mining it but there was times where I I did mine it with all of my rigs okay so there's you know there were there were good times there were some good times with uh mining this coin and uh just having the conviction that this coin would go up in the future that that's it that that is ultimately it okay so next bare Market guys next bare Market um what what what I'm planning to do here this up and coming if this is like you know really full-on bull run you know we're going past 60k here I am going to you know I spend a good amount of money on electric every year and so my plan is to at least sell crypto a good amount of crypto to have a nice safety net for maybe two years of Mining and then for those next two years I'm going to hold everything you know what I mean so I'll have the cash to pay for the electrical bill out of my pocket and then I'm going to hold just everything that I'm mining for the next next bll run you know what I mean like so I don't have to I don't have to pay anything out of pocket I'm basically I'm taking profits from the previous bare Market plays that we did here okay that we that I've mined for example lithium it's just this is just one example like I said I I really want to show you guys my other one but I I don't want to kind of I don't want to put myself out there like a Target so yeah anyways I it's it's it's it's it's and I don't want to sway people into like getting into the coin or something like that when I show uh show my uh my portfolio um in coin Le that is um now that we're coming out of the bare Market what's the strategy now coinage well the strategy is going to be probably taken taken profit here uh it it feels it it feels like we're going to get to that point not maybe not now maybe later a couple months later I don't know maybe a year later but there's going to be a time where it's going to be like okay my portfolio has 10 or 50x I am going to definitely take some profit out and save for rainy day and also like I said earlier I want to save four my potential my future electric bills which is going to for the next two years um and then anything after that uh sure maybe I'll sell another a bunch of sell a bunch more for for fun I don't know uay pay off debts I guess pay off car loan pay off mortgages this that have some fun here have some fun there I I sell it all maybe I'll just sell it all you know that's that's that might be the play but like I said I think the biggest thing for me as I'm going to continue to just keep crypto mining is to have that safety bed uh of cash of capital uh to be able to pay to pay for the next two years of electrical bills maybe more um of course right I do YouTube fulltime this is my full-time job I don't have a regular 9 to-5 job so that's yeah uh whatever happens in the next next couple years I mean you know another another thing to another thing to think about okay it's not just about selling the crypto and stuff um actually it is I mean when the bull if the bull run comes about here and everything starts going up exponentially it's not just you know all these alt coins start going up like everything is generally going up now is that the pro okay this is where now profitability okay comes in okay so when and if we have a bunch of proof of work GPU minle coins start going up you're going to be then seeing gpus be in the dollar $2 $3 $4 $5 profit range at that point my my plan will probably be to actually probably sell that there's no point in like holding the dollar value that you're mining because you're going to be you you also have to consider your initial okay for me as a business okay cost basis is everything so that's your initial income so when you're getting a single payout every time you're getting a payout every day it's like getting a salary every two weeks uh maybe not a great example but you know what I mean like say I'm getting paid $46 in a lithium that day December 15th that's like you're getting income that's my $46 I have to pay taxes on okay I have to pay taxes on this $46 so if and when where we're going to be seeing five $ 307s like RTX 370s are going to make $5 one day like and if that lasts for a good year it's it's going to be it's it's going to be that money printing season okay money printing so not only did I say I want to sell for electrical bill but if profitability is going to be really good here in the coming months maybe the coming year maybe for who knows how long maybe maybe GP mining could be amazing for not only one year you know how lithium uh sorry ethereum mining was really good for like a year and a half in the in the previous bull run right during these times when you know 2021 to 2022 is and then the ethereum merge happened and everything went to went to [ __ ] then I wonder okay if if if that time comes when we're going to have we're going to have a bunch of these uh GPU minable proof of work coins uh also start rising up in price thus that is going to that is going to bring up a lot of these uh profit numbers okay so we're not I'm not talking about bare Market okay what I talked about earlier of me mining this alium was during the bare Market okay bare market now the strategy is going to change right if we're seeing $5 a day on my 3070 like and I have you know 400 gpus mining like if that if if on average each of my gpus are making $3 a day at 400 gpus that's like mining $1,200 a day am I going to sell that every day hell yeah you bet your ass I'm going to sell that's that's a lot of money $1,200 in one day if I had my 400 gpus Mining and if GPU mining was profitable for $3 $5 a day bro bro bro it's it's it's it's it's all it's it's it's yeah it's going to it it's going to come to that time again um if if if there's a lot of GPU minable proof of work coins uh going up in the Market along with Bitcoin um I mean we we've already seen that with with a lot with a lot of different GPU minable coins uh a lot of kapow lot of prominent kapow coins have been more so uh prominent these days so consider that obviously you know spring summer is coming so depending on your scale depending how many gpus you have if you can cool all your gpus for Capal mining that that's a whole different story so we'll see um Smoky down stop talking about how good old cards are going to push prices back up we want them the low stack up I know you got yours but we want to get some money printers too smokey smokey Dan I'm sorry I'm sorry I'm sorry BC the only good coins are kapow based wondering why none of the alos which are good on 370s are mooning uh yeah yeah yeah yeah like a lot no that's not true BC I'm going to have to there's there's been a few okay yeah core dependent coins purin neelia you know Carlson a lithium radiant you know all these coins are are very are much better right lower power coins but with that you're going to get potentially as6 or and also uh fpga uh because bitstreams can be uh can be made for any any of these any of these core dependent coins and it's going to blow the gpus out of the water fpgas are Miles Ahead more efficient for core dependent coins now when it comes to memory dependent coins and and this is where it lies this is where it in lies the my thought process regarding older gpus like the 30 series cards versus buying 40 series cards kapow and you know eash the efficiency gain for kapow and eash coins for against the 40 series and the 30 series cards there's no there's no gain at all and so the value that you're spending in terms of those two coins algorithms okay which is huge okay granted those kapow and eash coins are a more so more prominent these days I would say and are going to be basic resistant fpj resistant is that those Capal coins there's a lot more value I'd say in the m Harden algorithms uh versus uh the core dependent the core dependent coins so my ability like for for those that have the older gpus okay um even though I think some of the cards you can get you know on par efficiency for kapow and eash yes yes the efficiency wise is pretty much on par but when it comes to like the value okay it's it it's it you're spending like 30 40% more for 40 Ser 30 to 40% more for 30 series card um versus uh for a 40 series card versus a 30 series card so do I want to spend 30 to 50% more money to achieve the pretty much the same hash rate no for kapow and eash that is okay just for cound eash core dependent coins are great on the 40 series I'm I'm not going to I'm not going to sugarcoat that the 40 series are good on the core dependent coins but it goes back to my argument of those core dependent coins are not Asic res resistant and they're also prone to be having fpgas so that I am thinking ahead here for just even if the bow run comes around and every single GPU is making3 to $5 a day the efficiency doesn't even matter doesn't matter What GPU you have if your RTX 2070 is making $3 a day at one point it doesn't matter What GPU you have and it's all relative okay another argument um I've been getting a lot of people saying uh to me is red panda what about resale value 40 series cards are going to have good resale value to the gamer it's all relative anyway when the market goes up and Jeep if if a 4060 4070 4080 4090 you know those cards are going to be like 3,000 2,000 $1500 the 3070 which is only one generation barely a generation behind it's not even a generational leap it's going to be all relative anyway if a 4070 is going to be500 uh $1,000 in the Bull Run you bet your ass a 3070 is going to be 700 it it's it it's all all it they're all going to scale in price if you're talking about resale value for the 40 series cards it's the same idea for the 30 series cards and even 20 series cards even like 580s for God's sake R RX 580s it they're going to be like a $100 I bet you if kapow Moon if a lot of kapow coins are going to Moon just just watch if a lot of kapow coins are going to Moon and you see an RX 580 making like a$2 $3 a day on cuz it can it can achieve what 14 13 14 Mega has on kapow it it it's it's going to be laughable we're going to go on eBay we're going to go on eBay and we'll be like yeah yeah we knew that we knew that was going to happen an ARX 580 is going to be $200 or something stupid don't for forget coming 50 Series in the future snu yes yes that that the 50 Series that is why I'm keeping everything I have now and just trying to accumulate and build the wealth now so that I can then get into the 5,000 series oh another big thing okay regarding why I I really don't like the 40 series is that stupid 12 pin connector there have been numerous reports I haven't covered it but the many other bigger you know Tech channels PC channels have have covered the 12 pin uh power supply now there's the rumor of that the 5,000 series are going to go back to the 8 Pin standard 8 Pin PC uh 8 Pin PSU standard so the 40 series having that new 12 Pin pcie cable was a flop in my opinion and there's been numerous people have had issues with those 12 pins okay so if that happens right if you know there was a roll back into the pcie game from in the 5,000 series from the 40 series that's that might make even the 40 series worth less I wonder if the 40 series will have less of a value if there's going to be a roll back into the 12 pin uh uh PCI connector so not all 40 Series have the 12 pin connector okay okay right hereby Serv right right I know I know not all of them just the bigger ones um 4090 of course wa does 4090 have the 12 pin yeah 49 has that 12 pin right um smoking now I sold all my Rx 588 GB for 500 for of the last bll run basement Flava I mean like I said if there's a lot of these ethereum uh eash Capal coins that are going to be more prominent in in the bull run that begs the question but I I think it's all relative anyway it it's all going to go up all the gpus are going to go up in value if the 40 series go up in value the 30 series will as well okay it's not just you can't when you're thinking about resale value for gpus it's all the gpus it's not if you think that your your 4090 is going to go up in value because of the bull run because of Bitcoin going up and the profitability the same argument goes along with your 30 series your 3090 or your 2080 2080 TI your your Rx 580 it it's the same argument it's the same thing resale value it all goes up together it it's it's it in previous bull runs all the GPU prices go up it's not just one or the other it's not like a 40 it's not like a 3090 is going to be outweighing the same amount of cost versus a 2080 TI No the 2080 TI was like $1,500 in the bull run too okay those gpus wereth worth a hell of a ton as well so we shall see we shall see it's it's all relative it's all relative the the argument of resale value is is null it's it's not even a it's it's all of the gpus it's all of them it's all of them 3090 is already double in price on eBay from three months ago uh I'm not going to say home brew crypto I don't think it's double the price bro I I'm going to say it's like I'm going to say it's uh 50% I'm I'm going to say 50% 309s were uh maybe you're right there was at 1 Point 490s 309s were 450 500 some places 600 but I'm going to say like 30 to 50% higher it's that that's that's yeah it it all it's all it's all going up it's it's all going up gpus have all generally have all been going up NYC minor I can't get coin Le to show Caso or zelor wallet um here I got the perfect I got the perfect thing for you Caspa CS hold on right here um uh hold on let me let me get this right here okay so click on this okay here let me put in live chat okay go to that GitHub I'm not trying to hack you this is I've used this for my CSV export for Caspa um you click on this and and you copy and paste your just your Caspa address and uh it's going to generate a uh CSV download of your transaction history for uh for all your caspen trans all your Caspa transactions and then you take that CSV and you import it into coin Le and that's where you get your initial cost basis and that's where you have to pay income tax uh on that and if you sold later on or didn't sell then you can see how much your gain would be if you sold that day or now uh when you do that transaction of selling it'll be under transaction when you do sell uh when you go transactions you go click on the three dots you can change it to a uh when you send out it's going to be a different it's going to be a different tag and so that'll calculate the gains for you uh when you do a complete uh return compare it to a 309 to to brosis which one which uh 6600s are going for what 6 are going for a week ago 6600 XTS yeah they're not cheap now 200 bucks 180 167 190 yeah I mean yeah everything's going up bro everything everything has been going up um n my I love you now for ckb uh ckb I exported from the core the core wallet uh compare 392 a brand new 4070 TI Super 40 4070 TI super uh great on core dependent coins but terrible terrible value proposition against kapow and eash coins or not terrible but maybe on par if not less hash rate so it it really it really depends man it really depends what you think in the future is going to be for GPU mining when you go 40 series card or any 40 series card because of the bit bus you're really hindering yourself for the Kow and eash coins you're really hindering yourself core dependent coins I'm not going to not going to Sugar cat it core dependent coins is very strong yes very efficient very good but the other the side of that in my opinion is is going to be basic prone a lot of the core core dependent coins are going to be fpga fpga aable all right versus Kow or E they're not uh it's a lot more um Asic resistant so pricewise price-wise brosis yeah 4070 TI not a good value not not a good value I I just I just don't see I just don't see how spending $1,000 for 470 TI is a good invest is is a good investment like get you can get 45 megahash 230 watts how much does a 370 do on kapow an RTX 370 does 30 Mega has at 150 watts for if you can get a good price on them you can get three 370s for the price of 1470 TI realistically if you're thinking about used used Market but then you're going to be using 150 * 4 yeah you're going to be using uh a bit more you're going to be using more power and you got to consider heat you got to consider all that stuff but depending how big you are of a minor your electrical cost you got to factor all those things in like for me so since I bought okay here we go 3070 time 3070 talk you guys want to talk about it or no okay GPU then FP GA than Asic is that isn't that kind of a good thing I mean that's that's a good thing for the core dependent coins yes for the core dependent coins so I wanted to compare like if we wanted to buy you know let's just say no okay I'm going to hide this one okay this this this this only applies to me okay buying these 370s this only applies to me so the value proposition here is obviously going to be good in my favor because of the price the hash rate as well I'm getting a bunch of hash rate because of my lower cost of the GPU it's good the wattage it's going to be nice generally nice and low but but I'm having way more gpus uh than the hash rate that I'm achieving here versus what how much uh of the well actually the efficiency is what matters here so efficiency wise um let's go down high to low there we go so it's it would be on par pretty much at the top here um 4060 TI of course I would have a bit more efficiency here hash per watt okay not watt per hash so higher number is better so I could yes I could go 4060 TI 16 GB cards get about 94 uh 94 gigahash on a lithium um I would be using about what a good 1,500 Watts less yeah yeah so for a lithium it would probably be better to not buy these 307s and buy the 4060 TI okay um for this core dependent coin Al lithium it's it it's not it's it's good it looks good and also I'm spending Less on I'm spending I would be spending Less on the motherboards and you know power supplies and cables and stuff oh my chat is my chat Frozen there there we go um so the argument of if I were to spend 27 Grand on 60 460 TI 16 GB cards at around 450 each for lithium mining yeah it would be it would be it would be pretty good it'd be pretty good is now is the efficiency gain here that big of a difference no it's not it's it's not even a huge difference it's not a huge difference even if I were to spend $320 per 370 and get 84 of them I mean it it would it's it's negligible okay negligible it's it's pretty close but I think how I want to compare this and more so kapow has been a lot more prominent these days last year even uh neoa Game Pass uh game a lot of these proof of work GP minable coins a lot of them are kapow okay um Let Me Hide let me hide this hide this column hide this let's just do kapow now this this is this where in lies the the power here okay so I could get way more hash rate if I just bought 5700 XTS but I would be using 27,000 Watts that's that is that is not cool okay if I were to buy those 108 370s then yes i' I'd be using about 16,000 watts to achieve 3.2 gigahash on Kow that's a lot that's a lot home crypto do you think it's possible that 40 series guards go go exponentially more efficient as miners keep tweaking uh I'm going to have to say there's a possibility um but I think the 40 series cards have been out for quite a good while now that I think efficiency the most efficiency has been attained on those cards but I could be wrong I could be wrong I don't know I don't know buy both in TAS not Financial techman damn Z pirate 370s are allaround best cards for flexibility and out go I know it's a pirate I know I know the 370 is the god tier most generally one of the most efficient cards for what you pay for you you cannot argue against that you can't um considering all the alos that you can mine on the 37 on how strong it is and how how efficient they are they may not be the most efficient but allrounder yes they are for the value of the card depending how much you buy them for it is one of the best the 3070 is is one of the best um now efficiency wise if I were to do this by efficiency okay all right so yes yes I could be I could be getting a eeking out a bit more efficiency if I went 40 series I could even eek out better efficiency if I went 6,000 series but then I would I if I went AMD I would lose I I would definitely lose out a bit on like those core dependent no I wouldn't lose that much but you know what I mean right the core dependent coins are really strong on Nvidia cards but if I were to to go 40 60 TI it would pretty much be the same efficiency but I would be getting almost onethird Less in hash rate so what would and I would be using pretty much I'm using triple the power on more of the EVGA 307s so what I mean in this case here what would you choose what what would be the what would be the like what's the value here if I were to buy the 370s versus the 4060 TI 13 1.3 gash versus 3.2 or in my in my case 3.2 or if I in a regular case buying 3070 is around 320 average on eBay what it' be 2.5 gigahash if I had 84 of them at $27,000 you know like looking at this here I I like looking at the higher number number of the hash rate which is nice but of course I need to have more motherboards more power supplies more cables all that kind of stuff so really it's going to be more than 27 Grand in reality um so I don't know I don't know I I want more hash rate the power cap the power wattage I can handle I can handle another four or five more 30m circuits uh so we'll see how that goes okay so we're going to see how that goes okay all right Bros what else you guys want to talk about what else what else we talking about here no more how about Asic talk coiny red panda completely agree love how you are holding all these types of gpus people need to stop GPU shaming 10 20 30 40 series all have use cases yes yes yes yes yes yes yes all the series gpus if you have very high electric and you you're trying to not you know get too burdened by the electrical bill I mean and you're then efficiency of course and if you really like yeah then like 40 series cards are going to be great you're going to be paying a bit more you're going to be paying a little bit of a premium um but in the long run because your electrical bill is so high then I mean I think it makes sense it's it there's so many variables man just buy what you buy what you can get in in terms of a good deal all right in in terms of a in terms of a decent deal whatever you can get in good deals that's that's that's the that's the plan that's the crypto mining plan hash Force I'm a horror for efficiency but I also believe in diversification so I have 40 series core alos and AMD series for me alos best of both World Best of Both Worlds hell yeah hash B hell yeah that's that's that's the greatest way that's the greatest way to look at it that's so true BC I'm keeping all my Casper A6 until the until I run them into the ground even if they're slightly non-profitable going all into immersion tank nice BC nice man nice Cape Cod Krypto what's up man during a bow run efficiency is not as important and hash rate will be king RPM H Cape Cod crypto I complet agree with that statement yes going back to here in terms of these four options if I were to buy the 4060 TI or the 307s I'm going to have triple the hash rate in kapow than the 460 TI but it comes down to if I can cool down this 16,000 watts of power during the summer time when that time comes PR coming up pretty soon so that's a whole other that's a whole other story right that's a whole other side of it but kind of relative in a sense if I if I spent another 27 grand time two time three to achieve another same hash rate as the 370 here be using 6,000 12,000 yeah you know 18,000 Watts if I spent triple the amount of money for 4060 TI to equal the same hash rate so yeah you're right more hash rate in the Bull Run is definitely worth it yep yep yep yep yep yep um hash for you can't beat AMD on kapow efficiency having 50/50 AMD inidia Farm is the way to go yeah I personally I'm not 50/50 but uh you can see the value like the the proposition here of you know how these AMD gpus are you know in the 27 Grand I could buy like 90 6700 XTS you know I could I could get that you know 2.2 gigahash at 8,500 Watts I could I could am I going to do that no cuz I want I want more 3070 I want more General like I can I can do well on core coins as well and also kapow I have the ability to to Pivot between any of those coins eash coins you know 62 meash at 115 Watts you know you can't beat that as well really strong on the 3070 H there there's a lot of good points there a lot of good points uh regarding 370 but also uh there's a lot of good points for the 40 series as well can't discredit the 40 series um it just depends on a lot of things depends it just depends yeah just depends Melvin Tor red Pand of mining thoughts on buying a k3m right now I have free electricity considering emissions increasing c network difficulty I can't give this type of advice man I can't I just can't I cannot tell you I cannot tell you to buy or not I I just can't I cannot stomach if Caspa is going to keep going up more or not or go down I I don't know bro I wish I wish I could give you the correct answer if I if if if we all had crystal balls I mean we probably all wouldn't be here and we'd be all we all be rich really rich but but you understand you already you already said it in your comment there Melvin Tor with the increasing with the uh aggressive emission schedule and the increasing Network hash rate um difficulty the only thing that has to come of this the thing that has to come out out of that Melvin to what you just said the last part of your sentence there is the price of Casa it has to go up in order to make sense in order to be in order to be good that that that's it that that's really the end all be all here um regarding getting into Caso mining because it's it's all predicated on really everyone who's buying in the Caspa A6 right now it's all on the belief that Caspa is going to go up in the future that's it that's the fundamentals that's it that everyone believes in Caspa and solves the trilemma security decentralization scalability whatever uh it's it's it's it's it's not just crypto miners that are into Caspa it's actually regular like crypto people as well crypto you go on crypto Twitter non-miners are into Caspa as well even some YouTubers I watch like the investment like the trading ones they're into Caspa as well they're not even miners so that tells you something I don't know if that's not a it's not a like a for for sure Financial advice indication of anything but I mean it's it's interesting there's a lot more smarter people out there than me who are really into Caspa so I don't know man I don't know I can't tell you to buy one or not you're going to have to make that decision yourself and take that risk if you want to get into uh Caspa mining now now that is yes there is the new IB link bmk Max um we don't know how well this one is we did know the K windman rk9 was really bad and it broke down a lot so ks3 M's also had bad thermop paste on the factory who knows if they rectified that recently or not uh ice River said they were going to who knows if that's the case but iink bmks Max we don't know how reliable this is going to be this is going to be the biggest uh question for those that are wanting to get one yeah Smokey Dan I would sooner win one well Smokey Dan for my video today if that k3m would break even sooner than can give it away yes okay if Caspa went to a dollar right now I would give away that k3m I would I I already have 15,000 Cas from that ks3 over the over the course of the month for those that didn't watch the video so C went to $1 I'd have 15 grand and I've already Roi on that ks3 M then i' then then I give it away I already said I said that in in the video so I promised I would give away that k3m but only when it breaks even breaks even right one USD is a far stretch though the market cap must be 10x C kroor well you look at the market cap of the previous of the previous uh of the hold on I got to take this call one second one second Bros all right I'm back I'm sorry very important call very important dealing with stuff okay okay what were we talking about I forgot what else you guys want to do what time is it 11:30 okay guys another like 10 more minutes uh is Bitcoin going to go higher Bitcoin going to go to 60k yes no oh oh oh oh oh question question question question I need I need to I need to um ask you guys something this is very important it's very important okay so I need I need to do a pull this is this is going to stem from you guys if this is going to happen or not uh just do yes no okay how about that start all right this going to be predicated on if this is going to happen or not so I have the ability to get 350 minimum 350 branded RPM they're going to give me the design they're going to make the design themselves they're going to let me know um I don't have to put any money I don't have to upfront anything they do the they do the the landing page they do the shipping and handling I don't get any money from it but they're essentially going to be using my logo and whatever style design they want to put on the card that's it so you guys vote is this thing working this thing's not this thing is not work is this do you guys see this you guys see this pole you guys see this pole hold on this pole is is frozen I'm going to end this poll hold the pole broke let me do another [Music] poll where did you bu yes no oh no start P this is all going to it's all going to stem from can you guys see the pole or wow it's not loading eh okay Hole Broken still broke okay hold on try [Music] again really not working really not working we can see it doesn't but doesn't count the vote what garbage nope not working okay this this pole thing doesn't work damn it I need to I need to know all right just put one if you if you would buy an RPM branded card or two I don't get anything from it I don't get any I don't get any affiliate money from it this is just for you guys would you guys actually buy an RPM branded one or not that that's just I just want to know zero no one for yes two for [Music] no a lot of twos a lot of ones in the beginning but mainly meain I'm going to say it's pretty I'm going say it's pretty [Music] even you should get paid for your brand well home brew crypto the issue is 10 would be obvious they' be paying up front for the custom design and manufacturing of it um it if if I want to get paid for it I have to buy the whole set 350 of them myself which I don't want to do I can't I can't buy 300 I can't buy 350 of them myself and then ship them out myself I have to do shipping and handling myself a splash page get people to order it on a website go through all that jazz I I don't have I don't have time to ship these one by one right um one one one 222 two so I'm going to say it's like 5050 it's 50/50 okay well I'm going to see what the what design they come up first and then uh I'm going to post it again and see if people like it if people don't like it then I'm not going to I'm not going to do it yeah this person's doing the same person's doing 111 it's just a fun thing I don't know we'll see we'll see we'll see what happens just a fun little thing I do a limited run of 100 well minimum is 350 I have to do at least 350 uh because of manufacturing or I don't know Ledger for me uh yeah after us after understanding what tangum does uh with their wallets versus The Ledger I like the I wholeheartedly love the tangent wallet a lot better not Financial advice tangum is in my opinion a lot better there's no battery okay you don't have to worry about a a battery in the device like The Ledger Ledger has a battery um you don't have to plug in anything of course you're using an NFC okay NFC uh okay just to understand the tangum wallet is not 100 is not 100% air gapped okay the connection here is with a the NFC technology which NFC only works about 4 in away okay NFC is 4 in away uh in order to use it so no battery okay it's just a it's just a single card um tangum also has more support for you know Caspa a lot more coins and they're going to be adding more coins here soon like DX and radiant they even said that for next month tangum seems to have a lot more support for more coins it's really easy really simple to use uh I highly recommend buying uh if you have another phone that has NFC compatibility do not use like I would it it's just it's just to safeguard yourself from your daily phone that you use everyday web browse uh I I would probably put the tangum app on another phone like a maybe an older another phone that has nothing on it except tangum and you just do it that way um yeah but of course yeah what's wrong with the KDX wallet nothing if if you are capable of handling core wallets paper wallets yourself if you are able to manage them like that yourself that way in a secure manner that is one of that is definitely one of the best ways um if you can isolate isolate your your PC whatever that PC is on that Network you know different VLAN different network um I mean doing core wallets comes with a lot of uh risk as well okay there's risk of the hardware dying there's risks of the hard drive dying there's a risk of the power supp the whole computer blowing up what risks of getting hacked on that computer if you leave it on obviously you don't leave it on there's a lot of risks there's lot there's a lot of risks as well to doing core wallets um with the tangum there's a lot of risks as well okay so it's not just there's going to be risks on both sides um but so far from what I have been using thus far for the tangum it's it's worked really well it's worked really well not Financial advice okay I need to get actually I need to send a screenshot because uh by RPM tanged all right let's see if this works now start pole maybe it just Frozen Can you guys vote now yeah you guys can vote now yeah perfect all right let's see how it goes working working nice nice 50/50 42 votes oh now it's no nobody would no no no yes no yes it's like 50/50 if I get at least 200 or 150 votes here cuz I have another poll on the other community tab as well I need to minimum order 350 I'm pretty sure over the course of the next what one to two months I could sell out of 350 of them I think that's doable I I think that's doable on a channel my size I don't know what do you guys think merchandise idiot make a shirt with quote this is not Financial advice rep on I Lucas bombing I like it I like it homeb crypto you bastard no do this poll in your giveaway and you will be surprised by the number of votes you have 100K subscribers you would sell 350 easily uh I don't know all track 350 sets or 350 cards I think it's I think it's sets you're right I got to ask I got to ask about that you're right I think it's by card so it could be only it could be only 100 sets you're right you're right in that case we' probably sell out 100 sets in in less than I'm going to say a week no all the risk is on you what risk is tangum taking uh there's no risk on me because tangum is doing all the manufacturing and shipping and handling um you could also include a wallet with every giveaway uh bacon eggs and hash my plan is to is to buy at least 20 of them I would love to have like 20 of the RPM branded ones and I can do giveaways on them yeah yep yep yep I guess I might buy if there was a 99% discount code well there will be an RPM 10% off code but that's already that's already enabled okay is there anything else you guys want to talk about what else is going on how about that ckb holy crap ckb is just going up to the Moon here past 30 days I mean everything is over vert coins up 33% last 30 helium iot conlux cast course Pacman a lithium flux everything's everything's going up everything's going up P when's the last time you took a bath this morning okay it's morning God damn it oh Clinton cute did made $2 super chat2 through Super Chat do you know anyone that would sell a K's oneboard Clinton Q sorry bro I don't know anyone well if anyone in the live chat has a ks1 hash board they want to sell have you emailed ice river that might I would try your chance there I try your chance there bro depend of mining are you mining CLA not at the moment I was thinking of switching I have a lot of my rigs on neoa at the moment uh the my my AMD cards neoa nxl and pan are pumping 35% nice I wish coin market cap had those coins nxl Next Level no that's not it pin oh they have pin now oh look at that save do they have Carlson oh let's see no no Carlson Carl no no Carl [Music] okay pan where's pan pan is up 31% the past seven days 24 hours yeah 31.6 is that a glitch I think there's a glitch here yeah pan is here pan just keeps going up what is this right look at that that's 31 3 cents that's pretty good hellish minor ice server does not respond for anything uh they well yeah yeah I guess can you write on tangum I failed to complete 20 GP depto God damn it chump change does panda say pan pyron whatever pan Pyon who whatever the hell start a poll you God damn it chump change what's up chump change welcome to the live stream will ravencoin make a comeback red panda I don't know man I I don't no I hope so we all hope Graven coin will do something but we shall see we shall see will the sleeping giant wake up in the bull run I think it will not Financial advice we'll see jump change message deleted by Joker Miner wow Joker Miner rude very very rude why did you why did you delete Chum changes message J Miner that's that's not the way to use your modding Powers okay pyin Pyon okay I see okay Clover volcano red P of mining can you write your seed phrase I think I forgot mine yeah yeah yeah yeah bro here let me uh let me let me let me let me put let me put it in for you here you want a seed phrase here all right um I think it starts with Never Going To Give You Up never going to let you down is that 24 yet now we're going to you get get the idea there you go high yield on Carlson though yeah yeah a lot of these coins lot of these coins have high yields a lot of them okay never going to run around and desert you there you go Smokey D Clover volcano perfect is that 24 hold on uh 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 damn it need four uh six who six [Music] more Rick R did I win RPMs base yet USA DJ hexag damn it okay okay all right guys that's it is there anyone else live streaming is there anybody else live streaming smash the like Bros who can I who can I redirect to right now we get 200 likes on the stream 264 people watching 158 likes hit it Bros oh I'm going to end the poll would you buy an RPM tanged branded cards 51% says yes 49% say no all right well that that just shows yeah 50% of you would support me 50% of you would not support me even though I don't get anything from it except brand brand recognition through tangum which would be pretty cool actually that would be pretty cool uh we're no strangers to love you know the rules and so do I Smokey D I'm going to work and putting red in the back seat of the P patol Carpet wow pish Miner wow okay all right you guys have a great one thank you for the live stream thank you for the live stream you guys have a great day happy Thursday enjoy the day peace out peace out peace out peace out happy Mining and here's to the Bull Run here's to the Bull Run let's go [Music] please [Music] to Dr topbody Dr [Music] [Music] everybody [Music] [Music] Jer donated true Super Chat jump Change Is Mining and [Music] [Music] [Music] cryto everybody [Music] knowbody [Music]
