My miner already paid itself off.. during the bear market! (Crypto mining vs crypto investing)

cryptocurrency 3 weeks ago
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There are many ways to calculate when you've ROI'd (a.k.a. broken even) on your miners, be that mining and holding all the coins, selling your mining profits every day, or comparing mining vs buying the coins. But no matter how you look at it, I have now completely broken even on my Bitmain Antminer L7 Dogecoin/Litecoin ASIC miner, in less than a year! And that is during the bear market! 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! π— π—œπ—‘π—˜π—₯𝗦 π— π—˜π—‘π—§π—œπ—’π—‘π—˜π—— π—œπ—‘ π—§π—›π—œπ—¦ π—©π—œπ——π—˜π—’ πŸ€– ➞ L7: https://bit.ly/seb-L7 πŸ€– ➞ Elphapex GD-1 Plus: https://bit.ly/seb-DG1-plus πŸ€– ➞ L9: *NOT OUT YET* Use above links & code: SEB for a $120 discount! π—šπ—˜π—§ π— π—œπ—‘π—˜π—₯𝗦 𝗙𝗒π—₯ 𝗔𝗑𝗬 π—–π—’π—œπ—‘ 𝗙π—₯𝗒𝗠 π—–π—’π—œπ—‘ π— π—œπ—‘π—œπ—‘π—š π—–π—˜π—‘π—§π—₯π—”π—Ÿ 🌟 ➞ https://bit.ly/seb-CoinMiningCentral Use above link & code: SEB for a ~$125 discount! 𝗠𝗬 𝗧𝗒𝗣 𝟱 π— π—œπ—‘π—˜π—₯𝗦 𝗧𝗒 π—šπ—˜π—§ π—₯π—œπ—šπ—›π—§ 𝗑𝗒π—ͺ πŸ₯‡ ➞ Great miner if you have expensive power: https://bit.ly/seb-Jasminer Use above link & code: SEB for a ~$125 discount! πŸ₯ˆ ➞ Sweet-spot KASPA miner: https://bit.ly/seb-KS3M Use above link & code: SEBKS3M for a ~$300 discount! πŸ₯‰ ➞ High risk, high reward Alephium miner: https://bit.ly/seb-AL-BOX Use above link & code: SEBALBOX for a ~$275 discount! 4️⃣ ➞ Sweet-spot BITCOIN miner: https://bit.ly/seb-S19Kpro Use above link & code: SEB for a ~$125 discount! 5️⃣ ➞ Small, silent & cheap KASPA miner: https://bit.ly/seb-KS0-Pro Use above link & code: SEB for a ~$125 discount! β€”β€”β€”β€”β€”β€” 𝗠𝗬 π—’π—™π—™π—œπ—–π—œπ—”π—Ÿ π— π—˜π—₯𝗖𝗛 (𝗧-π—¦π—›π—œπ—₯𝗧𝗦, π—¦π—§π—œπ—–π—žπ—˜π—₯𝗦 π—˜π—§π—–) πŸ‘• ➞ https://www.gpuheadz.com Get something AWESOME & support the channel 😊 β€”β€”β€”β€”β€”β€” 𝗠𝗬 𝗧𝗒𝗣 𝟱 π— π—œπ—‘π—œπ—‘π—š π—šπ—£π—¨π—¦ 𝗧𝗒 π—šπ—˜π—§ π—₯π—œπ—šπ—›π—§ 𝗑𝗒π—ͺ ✨ ➞ Good at everything: https://amzn.to/3FIzpSO ✨ ➞ Cheap & power efficient: https://amzn.to/3FIXngL ✨ ➞ If you want a beast: https://amzn.to/3FJTpEv ✨ ➞ Incredible at some coins: https://amzn.to/3yXr3mn ✨ ➞ For very low power rigs: https://amzn.to/3FEHp79 As an Amazon Associate I earn from qualifying purchases π—•π—˜π—¦π—§ π—šπ—£π—¨ π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š πŸ’Ž ➞ https://bit.ly/seb-R8 Use above link & code: SEB for 10% discount! π—•π—œπ—§π—–π—’π—œπ—‘ 𝗨𝗦𝗕 π— π—œπ—‘π—˜π—₯𝗦 𝗙𝗒π—₯ π—¦π—’π—Ÿπ—’ π— π—œπ—‘π—œπ—‘π—š πŸš€ ➞ https://bit.ly/seb-BTC-lander Use above link & code: SebsFinTech to get a 4% discount! π—žπ—˜π—˜π—£ 𝗬𝗒𝗨π—₯ π—–π—’π—œπ—‘π—¦ π—¦π—”π—™π—˜ π—ͺπ—œπ—§π—› π—§π—›π—œπ—¦ π—ͺπ—”π—Ÿπ—Ÿπ—˜π—§ πŸ’° ➞ https://bit.ly/seb-Tangem Use above link & code: SEB for 10% discount! π—–π—’π—œπ—‘π—Ÿπ—˜π——π—šπ—˜π—₯ π— π—”π—žπ—˜π—¦ 𝗖π—₯𝗬𝗣𝗧𝗒 𝗧𝗔𝗫 π—¦π—¨π—£π—˜π—₯ π—˜π—”π—¦π—¬ πŸ“ ➞ https://bit.ly/seb-CoinLedger Use above link & code: SEB for 10% discount! π—”π—œπ—₯π—™π—Ÿπ—’π—ͺ 𝗣π—₯𝗒𝗗𝗨𝗖𝗧𝗦 (π—šπ—₯𝗒π—ͺ π—§π—˜π—‘π—§π—¦, π—˜π—«π—›π—”π—¨π—¦π—§ 𝗙𝗔𝗑𝗦 π—˜π—§π—–) πŸ’¨ ➞ https://bit.ly/seb-AC-Infinity Use above link & code: SEB for 10% discount! π—€π—¨π—”π—Ÿπ—œπ—§π—¬ π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š 𝗣𝗔π—₯𝗧𝗦 (π—₯π—œπ—¦π—˜π—₯𝗦, π—¦π—£π—Ÿπ—œπ—§π—§π—˜π—₯𝗦 π—˜π—§π—–) 🀩 ➞ https://bit.ly/seb-GPU-risers Use above link & code: SEB for 10% discount! 𝗧π—₯𝗬 π—›π—Άπ˜ƒπ—²π—’π—¦, 𝗠𝗬 𝗙𝗔𝗩𝗒𝗨π—₯π—œπ—§π—˜ π— π—œπ—‘π—œπ—‘π—š 𝗒𝗦, 𝗙𝗒π—₯ 𝗙π—₯π—˜π—˜ πŸ–₯️ ➞ https://bit.ly/seb-HiveOS Use above link & code: SEBSFINTECH for a free $10 bonus! β€”β€”β€”β€”β€”β€” π—π—’π—œπ—‘ π—§π—›π—˜ π—–π—›π—”π—‘π—‘π—˜π—Ÿ 𝗙𝗒π—₯ 𝗕𝗒𝗑𝗨𝗦 π—–π—’π—‘π—§π—˜π—‘π—§ ⭐ ➞ https://youtube.com/@SebsFinTechChannel/join β€”β€”β€”β€”β€”β€” πŸ“¦ π—šπ—˜π—‘π—˜π—₯π—”π—Ÿ 𝗔𝗠𝗔𝗭𝗒𝗑 π—Ÿπ—œπ—‘π—žπ—¦ Mining rig tools: https://amzn.to/3qhqVLc Clean your mining rigs: https://amzn.to/40nEiZk πŸ“¦ π—šπ—£π—¨ π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š 𝗣𝗔π—₯𝗧𝗦 GPUs & risers: see above Motherboard: https://amzn.to/3PcSW2H CPU: https://amzn.to/40lck0A RAM: https://amzn.to/3gxxHGF Power supply: https://amzn.to/3ZbPibj Use 2 PSUs in 1 rig: https://amzn.to/3TCWvQn Plug 4 risers into one PCIe slot: https://amzn.to/3gfrEqZ Mini touchscreen: https://amzn.to/3pMGRmI πŸ“¦ 𝗖𝗣𝗨 π— π—œπ—‘π—œπ—‘π—š π—₯π—œπ—š 𝗣𝗔π—₯𝗧𝗦 CPU: https://amzn.to/3NafFd7 Fast RAM: https://amzn.to/3SDS2uE Motherboard: https://amzn.to/3T2y801 SSD: https://amzn.to/3FjCutg Power supply: https://amzn.to/3gHdNfV 24-pin splitter: https://amzn.to/3fegxAZ As an Amazon Associate I earn from qualifying purchases β€”β€”β€”β€”β€”β€” 𝗙π—₯π—˜π—˜ π— π—œπ—‘π—œπ—‘π—š 𝗙π—₯π—”π— π—˜ 𝗣𝗗𝗙 π—•π—¨π—œπ—Ÿπ—— π—šπ—¨π—œπ——π—˜ π—œ π— π—”π——π—˜ ⛏️ ➞ https://bit.ly/miningframe π—Ÿπ—œπ—¦π—§π—˜π—‘ 𝗧𝗒 𝗠𝗬 π— π—¨π—¦π—œπ—– 𝗒𝗑 π—¦π—£π—’π—§π—œπ—™π—¬ 🎧 ➞ https://spoti.fi/3TA4n5g π—‘π—˜π—˜π—— π— π—œπ—‘π—œπ—‘π—š π—›π—˜π—Ÿπ—£? π—π—’π—œπ—‘ π— π—œπ—¦π—™π—œπ—§ π— π—œπ—‘π—œπ—‘π—š π——π—œπ—¦π—–π—’π—₯𝗗 πŸ’¬ ➞ https://discord.gg/8PTDKjSMdU β€”β€”β€”β€”β€”β€” π—˜π— π—”π—œπ—Ÿ 𝗙𝗒π—₯ π—•π—¨π—¦π—œπ—‘π—˜π—¦π—¦ π—˜π—‘π—€π—¨π—œπ—₯π—œπ—˜π—¦ βœ‰οΈ ➞ sebsfintech@gmail.com β€”β€”β€”β€”β€”β€” 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. β€”β€”β€”β€”β€”β€” πŸ“Ό π—©π—œπ——π—˜π—’ π—–π—’π—‘π—§π—˜π—‘π—§ 00:00 I broke even on my Bitmain L7 - Introduction 01:03 My L7 Dogecoin & Litecoin mining yield 01:46 Total mining revenue if held 02:27 Total mining revenue if selling daily 03:35 Power cost & miner cost 04:24 What is the miner worth today? 05:45 Mine & hold final profit 06:27 Selling daily final profit 07:04 Please join my giveaway 07:30 Is buying better? 08:12 Why mining is better than buying crypto reason 1 09:59 Why mining is better than buying crypto reason 2 11:31 Would buying the coin have been more profitable? 16:21 Should you get a Bitmain L7 now? #cryptomining #altcoinmining #gpumining #specmining #speculativemining #cpumining #altcoins #bitcoinmining #bitcoin #cryptocurrency #hashrate
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