what's going on everyone welcome to the Rabid Mining YouTube channel and I'm sure some of you
guys were waiting for this video to arrive so I've been mining this coin called Jag coin jagong coin
or whatever it's only like 16 days old if that and it literally just exploded like sixteen hundred
percent absolutely insane so what does that mean a single 3900x ryzen CPU rig is currently making
like eight or nine USD per day after power now disclaimer if you go out there buy rigs Point
your rigs at it or something the profitability is not going to be there people are mining it Pass
rates coming onto it and obviously the difficulty is skyrocketing I started mining at about one Mega
hash and it's upwards of eight or nine megahertz now so that difficulty is eight times what it was
but we're still over like eighty three dollars USD in Bitcoin so I sold my coins I mined about
two days worth I had about 43 000 coins the price skyrocketed I put in an order for 700 USD and I
was like okay I'm getting a little too greedy here I'm gonna put it in for about 400 and something
and that sold fairly fast so you know I at least our wide one rig out of my whole farm so that was
quick now I just said one rig now everything has Roi to self I have mined more than enough
coins to make up all the value of my entire CPU mining Farm in like a couple months so CPU mining
can be very profitable if you know what you're actually doing now it was pretty insane when I
was doing the numbers and for the first 24 hours when this thing initially exploded my entire CPU
Farm was raking in about 150 to 160 USD a day I have never seen a day even with the high gas fees
on ethereum hitting that on any of my gpus again maybe I just needed more gpus but I pretty much
have my Farms kinda almost 50 50 split between how much I invested in the gpus in the CPUs and
same with the power that kind of split in between each other I use about 2 000 Watts worth of GP or
CPU power and I'm using about 2 000 little over action probably around 25 2600 Watts where the GPU
power but overall you know the CPUs are having a very great week so a lot of people do like to kind
of disk CPU mining but I really do love it if you remain very active and a lot of you GPU miners out
there I know might just call it quits but I think we could probably remain fairly profitable as well
on our gpus once ethereum does merge which is set to happen sometime today tomorrow depending when
you see this video but it's going to happen very soon and all the hash rate is going to come in
and I'm just going to use the same mentality I do with my CPUs you're going to have to do a lot
of research be very very active in the mining space it's not going to be set and forget it
pointed out a coin and making money those days are going to be gone so you got to be very active you
may be switching coins a couple times a day you may be spec mine you may be wishing for a pump
there's a lot of different factors out there that involve profitabilities but you're going to have
to be very very active and I know some people just don't want to do that but that's what you
do got to do if you want to remain profitable now why did this coin actually pump that's what we're
going to kind of go over it's a fairly new coin it just released on X bitron and that's where
majority of the volume is now it doesn't mean because the coin got listed on expatron that it
pumped any coin can get listed anywhere coins get listed on exchanges all the time this is not why
it's pumping I really believe it has something to do with the smart nodes people are trying to get
into the smart nodes and when there's a buying frenzy obviously there's going to be a selling
frenzy and that's what I did this time I took the opportunity to start selling coins to the people
in that buying frenzy and because of it you know we're helping them out we're providing liquidity
think about it if they if they were buying they could be at like three four five cents
and spending way more money than they should be for getting their smart notes because us as
miners are providing that liquidity for them we're doing them a service and they're actually getting
their smart nodes a little bit cheaper but it is pretty awesome I wanted to make this quick video
and kind of showcase that yes these CPUs just hit a nice spec mining explosion and you know there's
going to be a lot more to come in the future and there's also going to be some bad days but this
is definitely a huge Green Day now I don't expect this pump to last much longer we might get another
three four maybe five good mining days out of this so overall you know this single week right here is
probably going to pay me about the same amount as I don't know I guess the past two months of
my gpus mining with about I don't know a little over a gigahash and a half so it's a nice month
you know these come usually get these good days at least once or twice a month if you really paying
attention to the networks but that's about it guys CPU mining is rocking it's definitely going to be
I see a lot more interest coming out after the ethereum merge uh there's more people asking me
you know how do I minor the CPU how do I set it up seems to be more interest coming in because we are
looking like gpus May potentially be one of the worst ways to mine crypto until a lot of that hash
rate falls off again too soon to be determined but for now guys okay so I did record that the
previous day so I actually want to do uh updates so we can see exactly what it's looking like right
now this very second so uh here is Dragon coin here jgc it currently has a network hash rate
now of 9.81 Mega hash we can see the spike up up and then the dip but we're still sitting really
good on the price compared to what it was and the difficulties obviously Skyrocket and we go down
to the price we're hanging out at 0.009 so just shy of one cent here I did sell mine when I hit
the one cent Mark so we're coming back up to that pump guys it's moving up and down I still think we
have another day or two in this pump left let's go to my calculator here just have a quick look
and currently jegcoin is sitting at about three dollars and 28 cents per 3900x rig then from my
entire Farm I'm sitting around 75 USD and then 66 dollars after power so yeah the current stats are
still looking pretty good on this coin remember depending when you see this video it may have
you know the price may have dipped or crashed or too many miners may be on the network at
that time so keep these things in mind before deciding to go out and mine a coin all always
do your own research keep them CPUs rolling I'll see you guys on the next one Rabid Out