What is your current Electric Rate? Is it going up?
@sanjit827
2 жыл бұрын
Ypp
@TechManTY.
2 жыл бұрын
.11, already too high no NOTICE of increase ...YET
@sanjit827
2 жыл бұрын
@@TechManTY. use solar power
@aaronwalker7221
2 жыл бұрын
Currently £0.30 ($0.39 conversion at time of this) and its going up another 40-50% here in the UK from October.
@TheTravelersTravels
2 жыл бұрын
I'm at $0.13/kwh. Heat is my biggest problem,since I rent, i cant add exh fans etc...
@adrenalinejunky789
2 жыл бұрын
Now if only there was a way for us to host rigs for other people! I am fully powered by solar and would love to host rigs for other people, essentially selling my electricity to them for dirt cheap
@TheHobbyistMiner
2 жыл бұрын
Nice going!
@eduardosq99
2 жыл бұрын
And i would love to pay you for your cheap electricity😂
@riftgod6169
2 жыл бұрын
Where are you located
@legacy4496
2 жыл бұрын
it’s a rip off right i did the math on the one open hosting rig and it only makes you 1300 and it cost over 3000
@CapsLock33
2 жыл бұрын
hmmm you got me thinking now. Im tapped out on power at my home with .08 cents for electric cost. This is something I'm considering. I wonder if I can ship them my rigs and have them host them for me? Thanks for the content Hobbyist Miner!!
@TheHobbyistMiner
2 жыл бұрын
Ofcourse!
@cryptocaverns4360
2 жыл бұрын
We don't accept outside equipment unfortunately. We can do custom orders for large customers but we can't accept equipment that has been outside our supply chain for security reasons.
@bobmcdonough531
2 жыл бұрын
Thank you for the Insight, this is something I have not considered myself. I will absolutely do more research into this as well. And still continue to be an at-home minor loving the Brotherhood
@TheHobbyistMiner
2 жыл бұрын
Smart man!
@CryptoMiningInsider
2 жыл бұрын
Great Video Hobbyist Miner !!! Love your content as always and appreciate you doing the research on this my friend - your Awesome !. Without calculating ROI on current revenue this seems priced Very Hgh for their rigs & service BTW, love your newer intro.
@TheHobbyistMiner
2 жыл бұрын
Thank you! Yeah I encourage everyone to scout out and price out your options.
@sgocmencelebi
2 жыл бұрын
I just can't believe how these youtubers become scammers this quick. No one in his right mind considers something this stupid. Did you do the math at all? How is this profitable? You only have 58k subscribers and yet you already started to shill some nonsense deal. The real question is how much they've paid you to do this video?
@nilarmstrong
2 жыл бұрын
Hahahha
@taxibob23
2 жыл бұрын
Dude all he did was put it out there.... I never heard him say guy this is a great deal let do it.... Like he said not everyone has the skill set to put one to gather and get it up and running .... If you don't like what he saying go find another channel .
@ricklott5923
2 жыл бұрын
you did not say anything about the costs after the first year.
@cryptocaverns4360
2 жыл бұрын
It will depend on market rates at the time, but right now we charge $0.10/kwh for year 1 (about $700) $0.12/kwh for year 2 (about $850) $0.15/kwh for year 3 (about $1000) This increase in the price of electricity every year is because we guarantee the equipment, meaning if a card breaks we replace it, fans stop we swap em out, need a new PSU, on us, etc. And that's all included in the electricity price.
@glennols
2 жыл бұрын
Half the fun with this hobby, is tinkering with it :D
@TheHobbyistMiner
2 жыл бұрын
Some days better than others lol
@cryptocaverns4360
2 жыл бұрын
@@TheHobbyistMiner I feel that
@ChuzpahGoodfellow
2 жыл бұрын
I live in Hawaii with a 34 cent rate so this info is great.
@thiagooliveira2559
2 жыл бұрын
great info to know, thanks for sharing!
@Thomson_Gaming
2 жыл бұрын
You never cover pricing after first year if you want to keep it hosted
@DjMines
2 жыл бұрын
nice new intro dude :)
@TheHobbyistMiner
2 жыл бұрын
Thank you
@fastactchannel4015
2 жыл бұрын
How about reliability?
@TheTravelersTravels
2 жыл бұрын
Another great video! Love the intro!
@TheHobbyistMiner
2 жыл бұрын
Thank you
@YouShortz22
2 жыл бұрын
I have actually been looking into buying some Asics and sending them to a Container Farms ran by natural gas wells down in Texas. Mainly because my current living situation doesn't have 240v.
@TheHobbyistMiner
2 жыл бұрын
Wow that is a great idea.
@YouShortz22
2 жыл бұрын
@@TheHobbyistMiner There is a you tuber named "your friend andy" that just opened one down in Texas. He seems like a good guy and he was offering me hosting.
@flawlesskrush2145
2 жыл бұрын
I thought this was going to be a how to make money using your GPUs in like a render farm type of video. I would be interested in exploring other ways we could make money with ours cards if mining becomes even less profitable
@1sysop198
2 жыл бұрын
Thx's for the info...
@HawkCryptoTech
2 жыл бұрын
Great video brother, good information!
@omarSharkfin
2 жыл бұрын
I’m not tech savvy but this looked like the best way. I’m trying to learn. Anybody in Atlanta?
@valkorumQ
2 жыл бұрын
Thanks for the video but for the only rig you can get hosted (as per their website), its gonna cost you $3399 but will only mine around $1,250 in ethereum. How is this value for money?
@TheHobbyistMiner
2 жыл бұрын
Checkout options out there. Find one that works best for you.
@cryptocaverns4360
2 жыл бұрын
Prices will be going down. Also at the end of the year you get the rig, or you can renew for another year at market electric rates (Right now that would be about $0.12/kwh for year two)
@TechManTY.
2 жыл бұрын
What if you ship them your own equipment? Curious about monthly fees paid yearly, and elec cost.
@TheHobbyistMiner
2 жыл бұрын
I'd reachout and ask for options
@cryptocaverns4360
2 жыл бұрын
We don't accept outside equipment unfortunately. We can do custom orders for large customers but we can't accept equipment that has been outside our supply chain for security reasons.
@thatcoolnameDedoko
Жыл бұрын
I have a question: Can I transfer to hosting some gaming servers on my gpu mining rig? My partner and I love gaming, mining and technology, so we would love to use it, rather than sell it... I was also running some gaming servers as an admin and paying for hosting services, that's why hosting seemed like logical thing to transfer to. Does anyone have some info on this?
@jpibara
2 жыл бұрын
jojojoj great intro!!!
@gusndrasaputra9817
2 жыл бұрын
nah you dnt know just how many scamer for hosting service out there
@cryptocaverns4360
2 жыл бұрын
There are a ton of scammers out there. Makes our lives really hard. That said we are accredited by the BBB and maintain an A+ rating.
@1109bigred
2 жыл бұрын
Just tried to click on you cryptocavern link and says page is not available.
@TheHobbyistMiner
2 жыл бұрын
I just tried it and loaded for me. Try again
@1109bigred
2 жыл бұрын
It seems to be working now
@gandolfgrey5385
2 жыл бұрын
Really want to look at btc asic hosting solutions!
@TheHobbyistMiner
2 жыл бұрын
Smart move
@nilarmstrong
2 жыл бұрын
How long is this gonna roi
@willhammerschannel7884
2 жыл бұрын
i have just opened a hosting centre in uk looking good for future saving people about 33 percent but i dont sell them the rigs
@TheHobbyistMiner
2 жыл бұрын
Wow good for you!
@AbdulHaq11901
2 жыл бұрын
Where are you in uk?
@willhammerschannel7884
2 жыл бұрын
@@AbdulHaq11901 cheshire mate
@sufentanyl9433
2 жыл бұрын
i feel like if you buy each month ETH instead of this during this bear market it'll be a lot more profitable. You'll never cover the money spent on 1 year.
@Surfas_
2 жыл бұрын
The prices are an insult..
@kenzimmerer6772
2 жыл бұрын
So about how much electricity would that $3k rig use in a year?
@cryptocaverns4360
2 жыл бұрын
Year 1 is $0.10/kwh so about $700 is electricity on that rig. We do increase the price of electricity every year but that is because we guarantee the equipment, meaning if a card breaks we replace it, etc. And that's all included in the electricity price.
@TswiftCrypto
2 жыл бұрын
their prices are laughable: for shipped rigs they charge $13,000 for a rig of 4x 3090's.... even the p106 rig you were showing, p106 cards get 21mh and average $0.29 per day.... yeah i dont think much more needs to be said
@yavecanela
2 жыл бұрын
Whats not said is..... You have to buy at least 5 miners to have hosting services. There is the important information left out.
@cryptocaverns4360
2 жыл бұрын
We do not have a minimum on hosted miners. Only on wholesale rigs, we are actually trying to get out of the wholesale business
@cryptocaverns4360
2 жыл бұрын
Hay, just realized you were right and that was an issue with our back-end. We fixed it and you can get 1 rig for hosting now.
@yavecanela
2 жыл бұрын
Great to hear that it was corrected. Wonderful to hear that the community is being heard. Really interested in seeing this as a great option for small miners.
@williamaviles3845
2 жыл бұрын
What a joke of a video!! WHY WOULD YOU POST THIS ??? OH YEAH SPONSORS...I have been mining for 5 years and would never point anyone in this direction....
@TheHobbyistMiner
2 жыл бұрын
This video is not sponsored. But I appreciate your perspective.
@sapa9728
2 жыл бұрын
Pffffff.... You kidding right?
@blowinkk9396
2 жыл бұрын
Screams scam from 100 miles away. Paying $4000 for something you never actually get? Any time they can turn it off etc. DON"T FALL FOR THIS SCAM
@volvo09
2 жыл бұрын
If you listen he said they ship you your rig when you are done.
@TheHobbyistMiner
2 жыл бұрын
Sadly get a lot of people that see a thumbnail. Comment and never watch the video. Thanks for your support.
@taxibob23
2 жыл бұрын
Yes some companys will scam you but not all that why you do your homework before hand ....
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