Seriously, is buying mining hardware even worth it?
Figuring out if buying crypto mining hardware is worth it is harder than it might seem at first. So in this video, I go explain in depth the 3 most common ways of how to calculate how fast mining equipment will ROI. This can be applied to any type of mining hardware, including ASIC miners, GPU mining rigs, CPU mining rigs and anything else!
Please note: this description contains affiliate links, which means if you make a purchase through those links, the channel gets a small commission at no extra cost to you. Using these links helps support the channel, thank you!
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Can be used for a small chance to mine a Bitcoin block worth 3.125 BTC!
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GPUs & risers: see above
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As an Amazon Associate I earn from qualifying purchases
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βοΈ β https://bit.ly/miningframe
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βοΈ β [email protected]
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None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is for entertainment purposes. You do things at your own risk & are responsible for your own actions. Do your own research.
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00:00 How to know if mining hardware will ROI – Introduction
01:46 Some examples of ROI
04:34 Recap of how making money in mining works
07:31 Why calculating ROI is complicated
08:20 Using coin value to calculate mining hardware ROI explained
09:48 Using coin yield to calculate mining gear breakeven explained
15:08 Using mining profitability to calculate mining rig ROI explained
17:47 Coin Mining Central ad
19:31 How to ACTUALLY know if buying mining hardware is worth it
#cryptomining #altcoinmining #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #bitcoin #cryptocurrency #hashrate
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