what's going on everyone welcome Rabid here and I don't even know how to start this off other than
crypto mining is back pretty much everything is profitable right now now ever since the ethereum
merged the term crypto mining is dead has been thrown around a lot now that's not necessarily
true one the proof of work coins need mining to survive that's how all the transactions
and everything is validating now ever since the merge GPU mining has seen quite a bit of hiccups
and downturns now even gpus today are profitable again we'll look at some numbers but the crypto
mining is dead term has been through the GPU community Through the most part now if you've
been following the channel we do know that mining has been far from dead it has been profitable this
entire time time even at the bottom of the bear market so we're still in a bear Market we're not
in a bull run yet but prices are coming up and things are looking very good right now so we got
the A6 here as you know we got the CPU Farm back there and it's been amazing a little more look
on that in a little bit gpus will look at that these are still off they are going to be turned
on very soon once I figure out what I want to mine because there's a few coins that are profitable on
it's not the mainstream coins like flux Raven and so on but I believe there's some other coins that
are emerging that's going to overthrow even those old coins everyone was talking about and become
the new dominant GPU coins until a few factors come in we'll talk about that later on as well
regardless crypto mining is here it's profitable let's check out some profits so let's start with
CPUs and diro as we can see today just like all the other coins diro is pumping in the past seven
days we can see that it's been seen a nice cons it's an incline and for the one month it was
doing decently and shot straight up again so this seems to be the trend with a lot of these proof
of work coins right now and it's shooting up now as for profitability of a single CPU we're going
to the CPU mining profit calculator courtesy of my website rabbitmining.com and here is a 3900x using
Astro Miner you're about 14 000 hashes here Duro is making a dollar 81 on free Power and a dollar
55 after power at 11 cents per kilowatt hour that's crazy now let's jump into a 5950x doing
about 18 000 hashes or 18 kilohash that is 2.33 on free power or a dollar ninety one if you're
after power and everything you know profit-wise and then we're going to look at the big bad boy
the 7950x and this thing is beast mode seriously so here on Dara we have three dollars and 23 cents
on free power or two dollars and 97 cents at 11 Cent per kilowatt hour which is mine after power
and these things Rock an astonishing 25 kilohash on diro lately now if you want to point your CPUs
to something it is best to mind Duro to your own node but if you don't want to fire up your own
node and solo mine yourself you can come over to the rabbit mining pool here I do have a link down
in the description as well as support which is in my Discord as well all the links are down there
and we have been seeing over the past couple weeks some nice increases in hash rate people have been
moving over I think a pool for the first couple months online was sitting around one to two Mega
hash we're now hitting 5.6 so again looks like some miners are coming over they're enjoying it
so come check it out mine with me and the rest of the community I know some of you guys are
probably asking what about raptorium so raptorum hash rate has came down a little bit the prices
dipped a bit it's not seen the explosion like the other coins are seen right now but I still feel
in the next six months to a year we're gonna see some nice price gains happening across raptorium
once they implement the Futures updates that they have working on and the test net and everything
so they got a lot of stuff going on not too many people are really talking about it right
now but some big things are coming so keep this on the back burner and in the back your
mind raptorium will surprise people as well all right so now let's move on to some gpus and I'm
sure most of you know Caspa has been mooning at a pretty solid rate so here's the seven days we
can see it just shot up here but the past one day like everything else we're seeing some games now
we're running into a dip now again obviously this is expected people buy in shoots up you know a
pullback is recommended and Happening Here moving on to next so here we can see a price on Nexa has
been inclining over the past one day past seven days we can see another big moon just recently
happened and then we got a lithium as well in the past seven days we can see we hit another
Moon so these GPU minable coins are spiking like crazy and it's really really nice especially for
us profitability but there's a few things we do have to take note and that is how these networks
work and the other Hardware coming online for long term all right and as for some current
profitabilities depending on the GPU you have here I am at hashrate.no at 11 Cent per kilowatt
hour and we're getting kind of close to ethereum level profits after power uh depending on the GP
and stuff you have now obviously the 4000 series is the best for currently mining they're more
efficient than the 3000 counterparts but they are also come with a much higher price tag we can see
the 40 90 on Nexa right now is making two dollars and 12 cents after power or three dollars and 28
cents on free power so that's about the same as around the 7950x CPU so not too bad out there if
you just click on there we'll go to the 49 you scroll down we can see a lithium it's currently
making a dollar ninety nine so you have more options Casper's at 2.23 cents here profit is
a dollar fifty five after power Revenue here is the 223 rep 24 hours you've got some nice sashes
looking like some profit we got Dynex here which is a dollar 24 after power the list goes on we do
have a choice of profitable coins let's just have a look at some of the 3000 ones now we got the 30
90 here it's looking like 71 cents after power on Nexa A4 thousands where's like a 37 let's have a
look at that so we got 43 Cent profit right now on next let's take a look at some of the other
coins we got a lithium Rock and profit of 23 cents nothing major but that's still looking pretty good
especially a lot better than negative 16 cents that we have been looking at for quite some time
uh we got cast was making 30 cents after power and so on remember depending how many gpus you have
and your power price you stack them up 30 cents plus 30 cents plus 30 cents plus 30 cents you know
you got a couple thousand gpus like some of the bigger guys out there you're making some decent
money now look at this break even where we're slightly profitable Dynex is making one cent after
power at freaking 55 cents that is pretty crazy 55 power is in theory profitable right now on Dynex
with a 4070 TI that's pretty crazy let's just scroll down now you know a lot of people in the US
they have somewhere around 20 cent power say let's look at that so we're making a dollar two on a 40
90 65 cents on a 40 80. so you know no matter what you cannot deny the fact that GPU mining
profitability is definitely picking up but again we don't know how many gpus are shut off there is
a lot of GPU shut off and that's why we're kind of seeing this profitability now let's take a look at
you know all the coins added together and how much some of these coins are making or at least paying
out two miners per day now here's actually a quick spreadsheet just to show you how much these coins
are paying Miners and Etc used to be the first largest coin after I guess uh ethereum back in
the day now we're not counting Bitcoin or anything that we're talking more on the GPU mining side
of things but it was ethereum classic so Caspa actually passed that by a pretty decent margin
right now Caspa today at the time of recording right now is paying miners 582 thousand dollars
per 24 hours it is paying miners the absolute most amount for mining their coin and keeping
that security it's crazy and then Etc would come in second here so Nexa here is paying 133
000 we have conflux at 132 we got ravencoin at 91 000. now I know the big thing during ethereum
merge was maybe a new coin will pop up and take over now Casper really wasn't on an exchange yet
I don't think at that point maybe it was just starting I can't really remember but it was
here by that time but it you know it was unknown way 100 spec mining purposes at that point and
look at it now so we have Casper in here top and Etc we have Nexa that came in after the F merge
we also have a lithium that was kind of around it's here but it's not really paying miners out
too much so what does this mean yes a lithium is mooning but it's only paying out seventeen
thousand dollars so it's not going to take very many gpus to destroy that Prof ability and then
the mainstream coins as you can see here we sell flux only paying 27 000 this is not a coin that
you really want to mine they're not paying you very much money no regardless the price could
go up a lot yes for sure but right now it's not profitable most of these main coins are not now
we have Ergo here it's paying forty eight thousand it has a decent amount of gpus on it but still not
looking too hot Raven coins paying a decent amount but we can see our main coins here where all the
money is mostly coming from but the big thing here is we are still nowhere near where ethereum
was prior to the merge in the bear Market we're in a bear Market when this is happening prices
were coming down and atha was still paying over 21 million dollars to all the miners per 24 hours so
that's pretty crazy to think about we're coming up there it's moving but we're still nowhere near
that and we still have so many gpus and stuff that are shut off that what's going to happen when they
turn on you know we still don't know that's a lot of uncertainty but right now because there's a lot
of you know GPU mining is dead talk out there people aren't picking up gpus or they're trying
to get rid of their Farms or they have everything pretty much disconnected and they're shut down and
they don't want to go through the hassle turning on until it absolutely becomes worth it but we're
seeing the profitability now as well as a little higher yield remember once 2024 hits we're about
a year and a half away from the start of the next Bull Run when prices are really going to start
going up about a year two years until we actually see the all-time highs again so things are going
to get huge and at that time a lot of stuff is going to be turned on a lot of people are going to
be buying hardware and profitability is we don't know it depends how many gpus will actually get
turned on but right now things are starting to to look really good so when it does come to cast
but it's on an aggressive having schedule I did a previous video on the emissions of Casper and just
if you're unfamiliar with it every month the block reward is actually reducing which works out to be
a full having every year so that's pretty quick here now it's still a long time I believe 16 years
or something like that until everything's totally minted but the block rewards will be very small so
that's where the more efficient miners come in and gpus will begin to fall off now if the price keeps
going up like it has been or Up Up and Away you know thousand dollars two thousand dollars five
thousand dollars craziness ten thousand dollars then you know it might not matter and gpus are
still going to be profitable but depending on the hash rate we have better equipment coming
in here's the e300s if you're looking for some of these I do have a link down in the description
April batch I believe is almost sold out there's only 80 units but they are taking May batch orders
now already and I believe there's a lot more units available for the May batch so they're
building these up like so they have a ton of these fpgas in and that's exactly what these are these
are three fpgas within like an L3 plus it comes in two variants the 6000 RPM version and for a
little bit more money you can get the knock to a 3000 RPM version now I think it's actually cheaper
to get their version it is kind of expensive at least for Canadians actually it might be cheaper
just to order them yourselves and do it yourself I don't really know it depends on the price that
you find them at but regardless you can get the nice quiet 3000 RPM knock two industrial fans on
these as well and I did do that with an L3 plus previously and it quieted it right down and kept
it cool now these are the fpgas and eventually they'll probably even be Asics that end up
releasing forecast which will be yet another step ahead of the fpgas maybe bit Mains gonna drop the
cast one or something on us Within six months we don't even know but I bet you they may be working
on something maybe not but you know that could be another Evolution with Casper mining again pushing
gpus kinda out now as for Nexa I'm not really sure about the whole fpga Asic thing I know early on
on the Discord somewhere they did mention that it eventually will happen I just haven't heard
of any bit streams or anything coming out yet for nextup if you've heard something different
let me know down in the comment section but let's move on now to a leaf hymn so a lithium does run
on Blake 3. now I'm not sure if they run zkp or anything like that or not but Blake 3 on Elysium
as well as iron fish which is soon to hit mainnet due to the zkp type of transactions and if you're
unfamiliar ipolo is actually releasing this type of zkp zero knowledge proof transaction Miner so
maybe this is going to be for Blake three I'm not a hundred percent sure but it may be a minor that
could be taken over potentially a lithium as well as iron fish in the future again a whole bunch of
uncertainty here on how these things really work because and to me you know I don't know zkp isn't
really an algorithm it's just the way they kind of do their transactions so I'm not entirely sure
what's going on there tokenomics of iron fish they do kind of go through the zero knowledge proof zkp
type of thing but we do know it's running on Blake 3. so again a lot of uncertainty
is still happening if you know something let me know down in the comments I can try to get more
information together for everybody all right guys so that does wrap up this video mining
profitability on almost anything is picking up now we didn't talk much about Cadena price is actually
coming up on Cadena which has surprised me it's been pretty dead lately but the ka3 still killed
those little home miners same with uh ckb with those home miners but you know doge is still here
it's looking not too bad on the mini Doge that thing is up in hash rate mode or in low power
mode I mean not hash rate mode hash rate mode is not profitable at my power price there but it is
slightly profitable in low power mode again it's covering its power bull run hits nothing but Moon
so let me know what you guys are looking for you kind of Stack up some CPUs trying to stack
up some other little Asics maybe some gpus like that over there let me know down in the comment
section hit that Thumbs Up Button as well I will see you all in the next one bull runs coming
foreign