[Music] what's going on everyone welcome Rabid here and Bitcoin mining is getting very profitable
now seriously let's take a look at this the most profitable miners which have been for quite some
time and stable is the l7s now we're actually seeing some Bitcoin miners here like the micro BT
what's minor m56s this is 212 terahash at 5550 Watts but after power this thing is actually
making more than an 8.8 gigahash L7 mining script at 13.25 that's pretty crazy the most profitable
Miner you could have in Your Arsenal right now looks like the s19 XP Hydra 255 Terrace again
over 5000 Watts but this thing is almost at 20 USD a day where the best L7 9.5 gigahash is hanging
out at 15.02 chance like we are above there's a few Bitcoin miners here that are actually above
ka3 and the K7 type of levels I don't even know where the K7 is right now tkb dropping dumping I
don't even know but regardless we're seeing some Bitcoin miners here take the top of the charts
when it comes to profitability of the best miners to have ah nice hey guys come here check this out
I'm getting some miners for minor Bros I bet you didn't know this with minor Bros what you see is
what you get the cost of the item is shipping cost to your door including import fees that
means no hidden fees later on unlike the other guys which nail you at the checkout so what are
you waiting for get your Asics today link is in the description and code rabbit will grant fifty
dollars off every individual item now previously obviously a Bitcoin miner is probably one of your
most secure miners you could have Bitcoin is Bitcoin they're not going to be changing
the algorithm the hash rate is constantly growing and the price happens every bull cycle as well it
just Hits Huge pumps every time every single time Bitcoin is the Mack Daddy of crypto but we usually
came down to profitability like if you wanted your Bitcoin you know maybe you're better off
at getting more profitability out of your higher end l7s for a little less power than some of these
Bitcoin Miners and then just swapping that in the Bitcoin but now it's looking like just straight
up using a Bitcoin miner is more profitable than even doing that so what is going on and why is
this happening that's coming down to the fact that Bitcoin is getting very congested you may
have heard a few months ago about I don't know what was going on with somebody but anyway they
started to add NF T's into Bitcoin filling up the mempool and causing High transaction fees kind of
like what's going on with ethereum nfts meme coins and so on so it sounds like that's what's going on
with Bitcoin and now there's like over 400 000 transactions that are just stuck in the mempool
and they're not getting through because people aren't paying high enough fees to get them out
there now this is bad on the user-based scenario and people actually using Bitcoin and Bitcoin was
never designed to have nfts and stupid pictures put into the blockchain it was used for Bitcoin
undermining the Fiat system that's what Bitcoin is it's not meant to do what ethereum does it's meant
to do what Bitcoin does and that's to be the OG king of crypto so coming into here you can see the
screenshots open up you can see now this is what the miners are getting in terms of block rewards
now we're supposed to be getting 6.13 or 6.2 something I can't remember the exact number but
we're getting 8.31 Bitcoin and per block reward based on this screenshot here now if you actually
go into this website here time change stats this is what the current one is and we look at the
past three hours or three months days whatever it is where is it it's here somewhere average
reward so the average three month minor rewards is up to 11.18 we are almost double of what the
block reward should be if you want to kind of take this back down 2017 level Bitcoin rewards
coming in in 2023 that's insane this is like pre having rewards because not quite but it's pretty
much is pretty close to prehabbing in 2017 rewards here coming into this so that's a pretty big deal
Bitcoin and the price is obviously a lot higher making that profitability so much higher as well
so I've been trying to get my hands on you know like l7s and Bitcoin miners to really showcase
on the channel testimony we would be definitely seeing some increase in profitability here now
now I'm not large enough to be getting these big miners sent to me sadly but and I can't afford to
purchase them myself but if I had the money and you really want to get yourself an Asic Miner
you can there are ways like the fruit kits that can actually silence even the l7s and the big
Bitcoin miners here to make them dead silence so they're even good for home miners as long as you
have 240 volt but yeah I don't have one I'm trying to get my hands on some but we'll see
what happens but if you are yourself looking for any type of Asic Miner be sure to check
the links in the description so the most trusted websites I do go to is Miner Bros as well as coin
mining essential so definitely use one of those I also have discount codes as well if you want one
of those but yeah Bitcoin mining profitability is definitely picking up right now all right guys so
that's just a quick video here just to point it out but yeah Bitcoin mining is actually getting
extremely profitable right now this is insane to really think about and the hash rate that's
on bitcoin right now is through the roof there's a massive amount we're at all-time highs in High
Street on bitcoin and we're hitting like almost all-time highs in terms of profitability based
on this right now now obviously I don't know how long this is gonna last it's very hard to tell
once things get worked out all those other failed transactions actually they're not failed they're
just locked there they will eventually go through but if you want to do a Bitcoin transactions
you're gonna have to choose the higher fee option or it'll get stuck in that mempool as well until
the fees start dropping off so anyway guys let me know your thoughts your comments and everything on
this whole situation down in the comment section below I will see you on the next one Rabid Out
[Music] thank you [Music]