guys there's a new coin out there that is making my 11 rigs over 20 dollars a day yes these are
cpu mining rigs as well i have 11 rigs i'll point them all right now i got 5 right here 2 4 5 6 7 8
9 10 11. that is for a total of eight thirty nine hundred x ryzen cpus two thirty nine fifty x and
one fifty nine fifty x now i encourage you guys to watch the entire video because i am sure there's
gonna be a bunch of comments below which is probably already answered now before we get into
this coin and stuff i do want to point out you got to watch out for the rabbit effect now what is the
rabbit effect you guys came up with that name not me i'm just rolling with it because it sounds cool
but the rabbit effect is when i actually make a video on a coin everyone points their hash rate at
it the difficulty skyrockets and it's no longer as profitable as it once was but there's an upside to
the rabbit effect and what is that hash rate does have to come from somewhere and when it does move
over to something that opens up the floodgates for other coins that used to be profitable back
to being profitable again so keep an eye out on that as well the cpu mining calculator which is
on my website link in the description will help you out with determining profitable coins as well
currently you do have to know your hash rates on a certain algorithm but buttons will be implemented
based on cpus very very soon so keep that in mind as well so let's jump over to the workstation see
what coin i'm even talking about and why i waited so long to make a video so i've only been mining
it for about a week and a half i have been waiting for the coin to be stable for a full seven days
before i made this video so it looks like things have been stable i'll talk about why it hasn't
been stable previously and kind of give you an idea because i do not want to point people to a
network that was broken at the time okay so the coin that i am mining is known as bittorium yes
bittorium kind of sounds like raptorium but it's not it is bittorium so this was forked
out of raptorium so we can see down here in their february roadmap we forked one of the best
blockchains ever developed raptorium for the ghost rider algorithm implemented our ideas and tested
network functionality if you know anything about raptorium then everything runs exactly the same
you mine it and there is also smart notes current apy on smart nodes is sitting at 55 percent
we're gonna look at the collateral and stuff later on it's at the lowest point currently for
a smart node you only need six hundred thousand coins it'll move up to eight hundred thousand one
point two and then one point eight million just like what we're currently seeing on raptorium
five percent of the blocks does go to the dev 75 of the blocks goes to the miners which is 37.50
3750 btm and 20 of the blocks does go to the smart nodes so let's just get some of the stuff out of
the way right now i know some people are gonna call it a pump and dump other people call it a
scam coin and depending on your angle whatever it doesn't matter the point of this video and
everything in general is this is legitly the most profitable way to mine now will the coin be
around for a couple years i have no idea if it hangs in tight and you know does decent things
and withholds within the next couple years and proves itself then that's awesome if it doesn't
then it doesn't but right now you can sell it and it is the most profitable thing to mine on your
cpu currently as long as you have the l3 catch so i'm really leaning towards the ryzen cpus here so
i've been mining this for about a week and a half and we're on the block explorer here just to kind
of give you an idea of why i waited one week no it has nothing to do with trying to stack up coins or
anything like that i wanted to make sure that this network was getting healthy now if we look
back you can see the very first block was mine three weeks six days and 11 hours ago it's kind
of hard to justify it based on those types of days here but early early on the days when this first
released that it would hit a certain algorithm or something would happen with hash rate and
the whole blockchain would go down and it would be down from anywhere from two to eight hours
because people would have to move to their wallets and solomine find a solo block just to get the
chain moving again now it has been fixed since but i didn't want to point any of you guys towards you
know a broken chain like that so i said you know what once this thing you know they say they fixed
the chain and it's stable for seven days then i'm gonna make a video well it's been stable for seven
days so i am now making a video and again i've only been mining this for about a week and a half
another issue that's kind of happening on the chain here has to do with the smart nodes in
general now as you can see we have all these check marks here these are reachable correct smart notes
but if you scroll down you will see there are some unreachable nodes and they are getting paid for
being on the network so there's a whole bunch of you know back and forth chatter going on between
things but you know essentially these nodes aren't doing other anything other than getting paid
these are not helping the 51 double spend attacks or anything these are just here doing nothing and
there's a lot of people upset with this situation and you know for one i don't blame them because
why should they have nodes online and it's not doing anything for the network but they're just
pretty much getting their free payouts so i believe they are working on fixing this they
did release an update a day or two ago uh but it looks like it hasn't affected everything and
they're gonna be fixing it and releasing something soon so eventually these nodes will come offline
and only the valid reachable nodes will be valid which is what you want this is the backup chain
for the entire network if a 51 percent occurs like on raptorium on the main net with the miners
then the smart nodes can take over and kind of justify that and nothing will happen so
i have been mining on our plant and this was yesterday's payout 20 363 coins so let's see
how much i made in 24 hours you can actually see it's been kind of stable by looking at the lines
here started with a peak and then you know it's been leveling off for the past seven days or so
but we're gonna go look at the price right now currently the price is sitting at 0.00110095
usd i'm going to go with a price of 0.001 only and i'm going to show you why after i give you
the profitability so at the price of 0.001 my rigs are making me 20.36 usd a day i divide that
by my 11 rigs that's a dollar 85 per day now for everyone out in canada that works out to be 26
and 20 cents uh canadian a day which is where i'm from so this is what i am legitly making
and per rig that is two dollars and 38 cents per rig so that is actually slightly above eight rtx
30 70 gpus mining ethereum right now so that's pretty good and my cpus are using less power than
this gpu so now i'm going to go back and we're going to kind of look at the exchange here it is
listed on xbitron and now it just went a little bit red and the price went down a little bit and
now it's green again but this is why i wanted to go with 0.001 instead of the actual price
if you know anything about trading or anything in general you have two types of orders a limit and a
market so a limit is when you know you set it for a price so if i want to sell at 0.0 at this exact
price and i set it for this i'm going to have to wait for someone to want to buy it at that price
now if you set a market price pretty much you know you go to a market you say i want to buy
300 000 coins it's going to pick away from up here these are all the people that have limit sells so
here's a thousand here's 16 here's 30 000 here's a thousand here's 27 000. so a market buy is gonna
eat up all these coins until you hit that 300 000 mark now let's say i have about 200 000 btm
coins you can see here 19 45 21 6 and then here's 106 limit and 106. so i'd probably
end up finishing off here which is 0.00101 so i could do a market sell right now and i will end
up eating through all these coins and probably taking about this one here these this person
here all these orders will be buying my coins as i market sell them so this is why i went with that
0.001 which is actually down to about this point here but i will be selling to about this point so
this is the lowest price or i guess the highest price that i would get for my market sell that's
why i wanted to use that instead of going by the current price so you kind of had an idea
of how the exchanges work between limit orders and market orders now because there's not much volume
if you really want to get your coins to go through you are going to have to use that market order and
that is why we're seeing these big swings here it doesn't take much with low volume coins to
cause a swing like this so we can see someone quickly bought someone quickly sold and that's
what's going on here you can see a big buy order coming in because a lot of people are trying to
get into those smart nodes because it's extremely cheap at this point in time as for my total actual
coins that i have in the past week and a half i'm sitting at 263 997 so i'm actually gonna go have a
peek to see how much i have made in the past week week and a half here so i've actually made 263.99
if i was to go and sell right now and that's for 263 000 coins which between all these i
would definitely end up right here exactly what i just showed you on the exchange earlier so if you
already shut off this video you fast forward to here and you're probably asking a question about
something i already went through how this whole process works i will be getting over
00.1 and i will be able to sell instantly there's no issue doing on market sell with this amount of
coins in the buy orders for the amount that i have right now all right guys so there you have
it bittorium is extremely profitable on a cpu right now now you don't have to like the coin
you don't have to stand for anything and think it's going to do massive things
it might it might not we have no idea what it's going to do it's extremely new it's three and a
half weeks old if it lasts and does good that is awesome that's just another cpu coin to add
to the cpu arsenal if it doesn't do anything it doesn't do anything the point is right now
you can sell it and it is extremely profitable it is the most profitable thing to mine on your cpu
this very second thank you for watching this video guys if you're not yet a member of the
discord community the link is in the description be sure to join the discord so you can stay up to
date on all these coins i'm always trying out also if you're looking for a profitable asic miner like
this hs light or the kd-box pro or something and they are currently in stock and they sell out very
fast i do have legit links in the description for coin mining central and code rabidmining100
will also grant you an additional $100 off any asic off their website thank you for watching
this video everyone i'll see you on the next one Rabid out thank you for watching my video and if
you haven't seen one of these be sure to check them out if you've already seen them maybe you
missed something might have to watch it one more time and if you just let it play in the background
that's all right as well i do try to live stream every weekend as well as every couple days during
the week so be sure to be subscribed so you don't miss that as always have a great day