what's going on everyone and it is turning out to be legit and that might be good news
or bad news for some of you guys obviously if you pre-ordered a bunch of miners here this is very
good news because you didn't throw away your money but for all your gpus out there it's time to start
watching that cast by hash rate and move on to other coins so it was just a couple months ago ice
River did announce their Caspa Asics the ks0 ks1 ks2 these ones the threes were not announced yet
at the time and there's a lot of mixed reactions going off like oh my gosh already this is pretty
fast it's too soon and so on and then we didn't know you know was Ice River legit this is just a
scam there's no way these things are real and so on you know you know how speculation everything
goes well they did end up sending red panda mining the ks2 and that did confirm that this Miner was
is in fact real and did what it was supposed to do but there's still a lot of uncertainty
around the ice River Company themselves were they the ones actually manufacturing them uh were they
just doing something else we had no idea about the company were they legitly selling these well
it looks like all pre-sale orders are starting to be delivered now still not sure about the ks1 and
ks2s but the ks0s are shipping and ending up at people's doorsteps we head on over to Twitter we
can see fully electric ordered like four of these things he got two of them so far he has two more
on the way but they did show up and looks like another guy here greenhorn mining I got mine today
I was pretty worried for a bit there but they are showing up on people's doorsteps and then
the hash rate is gonna start going up obviously because these things are extremely efficient now
shortly after they did announce their Miner they have been trying to actually be in the spotlight
go to conventions and events you know try to get their name out because as a new minor brand here
especially for Asics we know there's a lot of scammers out in the crypto space especially for
the Asic miners you don't know what's legit so all the speculation is obviously with good intention
but it looks like they're trying to be out in the public Forefront and get their name known now I
feel seeing now seeing how this is actually coming light here I feel this may have big impacts on the
future now what I mean by this is one like this guy right here this is almost like the gold shell
version of Casper especially once bit main does release their miners which we can see here the ks3
which is the biggest beast but it's almost fifty thousand dollars now 8.3 Tera hash 3188 Watts 3.1
000 Watts that's pretty crazy but super efficient for what it gives you it's insane but coming into
here we can see that this is almost like a gold shell Miner once all the hash rate hits we will
go through some numbers and look at profitability even with two thousand and five thousand of bit
Mains miners coming online by August if the that's even a number that's going to hit but these things
are still actually going to be profitable with 5 000 miners online at the current price that's
pretty insane to actually think about but this could be a nice home Miner for people because
it only uses 65 Watts that's pretty crazy now because of this uh they were the first ones to
jump on that we still don't know where they got it because the naming scheme ks1 ks2 and
then bitmain released the ks3 and they released the ks3 and ks3l are these just lower bin chips
from bit Mains original production lines we don't know but this could also be in a step
of maybe Nexa and other coins could they be the first ones to jump on board radiant Nexa and so
on for their A6 now that we're looking like this company is actually legit we could see them maybe
smash out some A6 for a lot of these fairly newer coins here like we just seen with Casper I know
as a GPU Miner we're shaking her head right now and just being like rabid please don't say that
gpus need everything they can but I don't know guys guys things aren't looking good and a lot of
these coins that are profitable on the GPU right now they're gonna probably end up being fpga or
Asic by the next Bull Run as sad as it is to say that now remember back when uh Panda did get his
ks2 I asked him if they had any other models to check out on the channel and they said no but if
they have any newer models they will send me the new model to check out and then they released the
ks3 here so I'm trying to contact them to see if you know maybe I can showcase the ks3 on the
channel but then they got back to me and says they have no plans for third-party reviews of
the ks3 so I guess we'll just have to wait and see what they say at that point I do believe
I have a ks0 coming but I can't 100 confirm that at this time right now but we'll see what happens
but let's take a look at some profitability here and if we go into profitability this is Casper
right now current block rewards uh right here uh current price current Network hash rate and then
100 gigahash on hand it's looking like you should be getting around one thousand five 155 coins at
the current Network hash rate of 1.15 pet hash now if I actually go into what to Mine they do have a
slightly higher hash rate and it showed about 1464 and some people on Twitter are saying they're only
getting about 1300 coins so I'm curious what pool are you on at 1300 coins because if you're
supposed to get a little over 1500 coins a one percent pool fee is only 15 coins so maybe that
pool is ripping you off but again this is all a whole bunch of tests that we really got to check
out here because looking like we should be around 1500 plus coins based on the current Network so
you know this is why one thing I've been really going for a solo Mining and node mining stuff for
a lot of the coins I'm mine now because I feel a lot of pools are kind of being untrustworthy
at this point anyway profitability 1.15 Peta hash on the network 100 gigahash here and remember this
thing's only 65 Watts so at 11 Cent per kilowatt hour it's only costing 17 cents per day to run
this this minor that's pretty crazy so right now at the current price and everything that's
actually 32.97 that's like slightly under two months to Roi this entire Miner and we may have a
full two months before bit Mains monster releases now the ks0 or ks1s and ks2s from Ice River should
be shipping sometime within the next month or very soon as well so we don't know how many of them or
sell but we know bit main will flood the market when they definitely go in there but things are
still not looking that bad this is still going to be better than Cadena and the ka3 I feel but
again we don't know Cadena is kind of bleeding out and maybe suffering a slow death but it could come
back I have no idea but let's move on to here now we have Casper in August so about two months when
bit Mains are supposed to release now bitmain also has a a track record of some delays so remember
the if you have a ks0 ks1 or something the more delays bit main has it's just you know Green
dollar signs for you and then obviously if you ordered one from bit main you're probably gonna be
really mad but regardless August it looks like the block reward here we do have to go by the Casper
admission schedule and if we look here at about eight right here the in August will be at 184.99
for the block reward right now we're hanging out at 207 next month we'll be down to 195 and again
in August when the bit Mains release we'll be down to a block reward of 184. so I took all that into
account and I pretty much multiplied everything so with bit Mains 2 000 miners on that's an extra
16.6 terahash yeah we're only at 1.15 Peta house right now uh Petty hash not Terra hash actually
no this is Ted hash which works out to be 16.6 petta hash in this case and then if 5 000 miners
go online that's 41 500 terahash or 41.5 Peta hash and here you can see I have it worked out here for
the 42.65 which is adding 5000 ks3s as well as the current Network cash trade we're gonna see
some fall off here obviously because the gpus are not going to be online at this point even with
free Power it's not going to make any sense to my Casper anymore on a GPU so here we have August
with the reduction of the block reward 2000 ks3s online in August at the current price of right now
we don't know what the price is going to be and we don't know what Casper price could hit in the
future Caspa is not yet seen a bull run with an exchange so we could see a massive explosion we
might not we could Roi some of these miners in probably three days shut it off and then wait
for the bull run and possibly pay it off you know it all depends on Casper price we have no
idea what type of levels it could or might not hit regardless 2 000 miners online 100 gigahash will
work out to be about 90 coins per day that's still a dollar ninety-one now obviously that's down
quite a bit from 32 but we should have a couple months here in advance if you already pre-ordered
and it's about to come in or you just got it in of getting this range here and then obviously
with the pumping and so on but now we're down to 90 here in two months with 2 000 miners again we
don't know how many will sell now we're going to move on to 5 000 ks3s online in August will it hit
5000 I highly doubt it it took a few months for Cadena to hit the 5000 Miner Mark but who knows
how long and how many sold and so on so again we don't know how many sold how many were made
how many are going to be shipped and so on the speculation based on a large number just to see
how bad things could get very fast but you know we might not hit these type of hash rate levels for
maybe six months for all we know we don't know how many are actually being purchased and so I
bought and sent and shipped and blah blah blah but regardless 5000 ks3s drops us down to 79 cents per
day but that is still actually profitable by 17 with 17 power here we're still profitable here
and here's a big one with 5 000 ks3s going online on cast with the current price the ks3 from bit
main is actually still making 65.00 day with five thousand of these miners turned on which is crazy
this is about where Cadena was supposed to be when the k-3 first released and now with 5 000 of these
things online we're going to be about pre-kadena levels now obviously right now saying over two to
three thousand dollars per day so we're gonna see a huge price reduction on these miners in the next
few months when it hits these levels if you look back the ke3 actually dropped down like 50 or 60
percent price what were they ten twelve thousand dollars now they're selling for like five thousand
huge discount if you were to buy a K3 now you'd be closer to Roi than if you bought it when it
first came out that's pretty crazy to think about and the ks3 uses eight dollars and 41 cents in
power so we are still in the you know High fifty dollars per day range profit at 11 power here so
we can see here that there's gonna be a lot of hash rate coming but depending on the price of
Casper we're in a bear Market it has been seen a pump the past couple days but we're still seeing
profit with a lot of Hardware getting turned on so it's definitely going to come down to
the price of Casper it's going to come down to how many miners actually sell those are huge unknowns
that we don't know about but it's pretty crazy that you know it's looking fairly safe at this
point but again I don't really know what's going to happen here all right guys so I'm curious your
thoughts and opinions on Ice River on these Casper A6 and if you're a GPU Miner what your plans are
for next thank you for watching this video guys I will see you on the next one Rabid Out
thank you