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Ethereum Mining News | 500 Mh/s ASIC Miner | GPU Prices Dropping | Low Profits

1164 ratings | 17107 views
Welcome back to the VoskCoin YouTube home of Cryptocurrency Mining and News! Crypto Topic Today = Ethereum Mining As everyone knows the profitability of cryptocurrency mining has been decreasing rather quickly over the past several months. Between a flood of graphics cards and onslaught of ASIC miners, there is simply not enough crypto mining profit to go around. With a surplus of graphics cards, their prices are now dropping. Graphics card prices will continue to fall further with the impending release of the next generation of Nvidia graphics cards GTX 1180 / 2080 as well as additional ASIC miners from the likes of Bitmain and Innosilicon. Crypto Mining Profits Drop GPU Prices - http://bit.ly/2LLh8pM Bitmain ASIC Miner Online Shop - http://bit.ly/2OdEzK8 Buy Your Own ASIC on Amazon - http://geni.us/BRl118 ETC Ethermine Best ETC Mining Pool - http://bit.ly/2LB4H37 Innosilicon Unveils 500 Mh/s ETH ASIC - http://bit.ly/2Li2AC1 Ethereum Mining Difficulty Chart - http://bit.ly/2OhS2jY Ethereum Classic Difficulty Chart - http://bit.ly/2LIQZYO Ethereum Difficulty Drops Profits Rise - http://bit.ly/2A76KYd WhatToMine Mining Profit Calculator - http://bit.ly/2JSYY3Q Chinese Shut Down Bitcoin Mining Farms - http://bit.ly/2AhsMI3 Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs VoskCoin Patreon - https://www.patreon.com/VoskCoin VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Discord Server Invite - https://discord.gg/FGGmS2z VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/ VoskCoin Official Donation Addresses, support appreciated! BTC - 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL ETH - 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70 ZEC - t1ZoVF5t75NahSAfuwpcyHA8uzkPyocXpJZ ZEN - znb1iNFP6VctF2AhXLXtMsSjP7emvYDmeXR Loki - LScbLXmws9RA4SXVz5GhGm3N2YfKShw6MQGeyAjYc3bE5nYHUw3UUWxgKGN8kCnWQkfZEGN1PBxX7Zky3aVJSpGxTZTuDLB XMR - 484HoyS4h2fenvLKQkuUV7FwnJaGK8LMX43tiJ3UZdVU53d2MxFiQ1jbSfyorsXZVs1SvoPVh4nipjd7b4GVgFGmCgygdpV Doge - DHgX7vJjBsmYcB1GgubGtu3TVJkqQgCG6B We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to http://Amazon.com and affiliated sites.
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Text Comments (177)
NightEule5 (26 days ago)
A little late and a little off topic, but my Asus Zenbook (UX430UA) has the same heating issue you talk about. It was built to compete with the more budget Macbooks so it makes sense. Any time I play even a light game the fan goes to full speed and it heats up almost to the threshold to what temp is comfortable. SpeedFan reported like 100,000,000 RPM on the fan one time (an error, but still funny). ;) On a more on topic subject, it's sad to see all these good projects become crippled with ASICs. Ethereum has a lot of good feature and was supposed to be ASIC resistant. Really sad actually. Hopefully the Ethereum devs change their minds and fix it. :(
NightEule5 (26 days ago)
I tried mining on my Zenbook... Didn't work out to well. It got so hot I shut it off after 10 minutes lol.
TheRusschannel (29 days ago)
Sub $300 LOL
Matthew Branning (30 days ago)
Try to win this Asgardmint One, 23 Th/s Bitcoin Miner on eBay! https://www.ebay.com/itm/123324185922
Fredie Torn (1 month ago)
The new Ethereum will be Raven Coin (x16r)...believe it..gpu mining WILL NOT die...just hang in there,it's just a difficult time...
Michael Franklin (1 month ago)
Great but I think this is the right time to trade.You don't have to bother about bitcoin price,after I make $8,000 from just $1,000 weekly using Mr Sanchez trading strategy.
Eduard Valentin (1 month ago)
I've paid +3000$ for 6 RX 580 Nitro + 8GB, a motherboard, a cpu, 4GB ram, and a 1200w PSU. And it consumes shit load of mW. This Antminer would have been pure gold when it was 800$. And I bought the video cards for 440$/piece. That's how much they cost in Europe. I mine with 31.7 for each card. My ROI is shit right now with the eth prices
Crypto Conversations (1 month ago)
Thumbs up here
聯豐科 (1 month ago)
Bitflyer is scam , once u dposit, it only show a small amout, and it does not let u withdraw .日本詐騙比特幣交易所 比特幣存進去只顯示一小數量, 不讓你提出來 完全被他吃掉 bitflyer.com
Nick Ellermann (1 month ago)
Man that was depressing...
Irwan E1 (1 month ago)
Hi Vokscoin, am i right that u r selling out your GPU rigs? Another plan in your mind soon?
VoskCoin (1 month ago)
I still have a good chunk of rigs, it’s sort of past the time for selling. Instead of giving them away I’d rather just run them into the ground at this point or maybe recycle them next bull run(whenever that comes...) Nothing concrete yet, there’s a lot of ways to lose right now and not a lot of ways to win. It used to be the opposite!
Crypto Conversations (1 month ago)
Dime (1 month ago)
Cancerous community
Rene Bourget (1 month ago)
Love your channel... In my shed... 70 amp panel... 4- 240s 4 120s Suggestion: *cheap answer... buy 6 inch air condition ducting for home ceilings... Aluminum foil outer with fiberglass insulation 2 inch walls inner... Inside this is a spiral wire for rigidity with 6inch plastic membrane... this fits perfectly over the Bitmain miner exhaust without tape, strings, etc. I have 5 Bitmain Miners exhausting their heat about 6 feet along the floor of my shed to wall where I made a hole big enough for them... Virtually no heat in the shed from miners... Put your hand on the outside .... feels like the exhaust from a drier... E-Mail me at [email protected] and I will send you pictures... Let me know you got this message.. Have some other info for you... and also need a little advice from you Bro... Rene
Baudier Guitars (1 month ago)
hey Vosk .. I am dissappointed in the acorn product performance for the price , in my opinion it would be easier or more profitable just to buy and add GPU's to your rig , especially for ETH . or just build another rig for the money ,, the price of GPU's are coming down , and the acorns are almost as much as a 1070 .. which will do 33mh or rx580 that will do 33mh and you can pick them up right now for under $300. ,, my uderstanding is for 1070's 0r 1080's you need and acorn for every card , on a 6 card rig that would cost around $2100. with just a 30% improvement ,, if thats even possible ,, how long would that take to ROI ,, that expense .. it suppose to save on electric ??? .. I just dont see the big picture.. seams like a waste of money in present cost and performance ... I would like you to do a video on pros and cons ,, and ROI .. for information avalible ... also did you order some ?? and do you feel that its gonna change the GPU mining game ??? also that for the video on Aion ... great video ,, that coin was totally off my radar ... you Da Man ...
Santoso Paytren (1 month ago)
gz n (1 month ago)
500mh/s at that price ia nothing special acctually kinda bad... With the new fpga gpu boosters its cheaper to boost your rig and lower your power consumption
Michael Otis (1 month ago)
Xilinx --> Z-eye-links :P
Rudy Rdian Rudy Rdian (1 month ago)
Miner got trapped by major manufacturer. Asic is on Bitmain, GPU is on Nvidia and AMD and if there was FPGA...then it will be on Xlinx. GPU miner blamed by Gamers. Asic miner blamed by GPU miner, so? It's evil cycle.
Kevin Bustanto (1 month ago)
Still profitable or not mining ethereum with gpu rigs ?
empyrean987 (1 month ago)
If you were to buy 50 GPUs what would you buy right now. And is it a better strategy to wait???
Brad Morrison (1 month ago)
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Matthew Voke (1 month ago)
Cheer up Vosk!
Matthew Voke (1 month ago)
Vitalik doesn’t care because he doesn’t want to sacrifice Casper. There’s a lot of people that also say ASIC miners increase decentralization. Obviously that doesn’t account for what Bitmain and others are mining.
Nice video. Here's a great article: seven advantages for vendors to receive bitcoin payments. Read more: https://cryptolo.io/cryptoblog/index.php/7-benefits-for-stores-to-accept-cryptocurrency-payments/
Steve Greenberg (1 month ago)
Chin Up Vosk- it’s crypto winter but after winter there is always Spring!
Ceng Kahyaoğlu (1 month ago)
Asics are virus of crypto world and one day their term will be over...good wins at the end
Darth Sidious (1 month ago)
But can you water cool ASIC mining devices
Darth Sidious (1 month ago)
How is mineral oil going to help removing and at the same time harness the heat.
Peter Murray (1 month ago)
You can use mineral oil
GTO Owen (1 month ago)
I like the Casino carpet during the Inno slideshow (10 Min) LOL!
I K (1 month ago)
"To eat the cake and have it all" - thats all about those asics producers
Milner Technologies (1 month ago)
Wait until GDDR6 comes out before you say these "ASICs" kill GPU mining. For all you know these could just be GDDR5x with correct timings and once GDDR6 comes out it blows these "ASICs" away.
gz n (1 month ago)
Milner Technologies to be honest our price is exactly the same but all addition in the ammount are taxes and shit 😵
Milner Technologies (1 month ago)
gz n wow that sucks man here in Ohio I pay .057 USD per kWh.
gz n (1 month ago)
Milner Technologies in the eu power price kills it about 0,25$ a kw
PATRIOTROOSTER (1 month ago)
Need help I have 7 1080s and 1 amd 580. I have blown through 4 1000 watt evga gold power supplys. What is wrong with these power supplys? Why do they keep blowing
PATRIOTROOSTER (1 month ago)
Bob Mcgee say like a 1600 and keep te 1000. The 1000 can run 3 cards
Dale Boskers (1 month ago)
Get a higher watt power source. You should never run over 75% capacity.
Secrets of the Crypto (1 month ago)
Bruh, time to do away with this "ASICS" are evil and the world is going to end mentality. There are no GPU miners, no CPU miners, No ASIC miners, just miners. There is a problem in the ASIC industry, however developers spending all of their time on trying to figure out a way how to keep more efficient hardware from being utilized to mine crypto is not the solution. Time to embrace tech guys, isn't that what blockchain is about anyway?
Vertigo101 (1 month ago)
I'm going to sell my two miners, 9 1050ti's and a 1060. Using 75% power I'm at 1100w, current power bill $200, I only make 120ish, pretty bad performance at 160mh/s. I doubt I'll make half my money back from selling.
Peter Murray (1 month ago)
What are you mining? I'm showing a $147 per month total income and $77 electric cost. (Chicago, USA)
OnePhat Miner (1 month ago)
Nice Stream! wish I had been available for it live. Idea for the next stream talk to us about the BTG zhash 144-5 and your thoughts on it.
WarrenStarCat (1 month ago)
The L3+ was going to around $2800.00 back in January. Now they are about $250.00 WTF?/? This is the most pitiful story that can be imagined in the recent past......
WarrenStarCat (1 month ago)
I took notice that ETH mining RE-Surged in what it is returning, while Loki although seemed to start out promising is already problematic, and not returning well at all compared to 4 weeks ago. The same hardware is now better spent on ETH, or RVN.
Dian Indrawan (1 month ago)
Free claim all coins every 15 minutes. Just solve the captcha https://dwindly.io/nQXySa
George Zubeck (1 month ago)
Time to invest in solar panels rather than buying any new graphics cards.
George Zubeck (1 month ago)
No. Buy cheap used graphics cards and run them on a large solar array tied to a grid. Forget batteries for storage. If you get the cards cheap enough it would be like selling electricity for 15 cents an hour.
addictive object *.* (1 month ago)
sell the power to the power company ?
George Zubeck (1 month ago)
Some Chinese do crazy things in their economic infancy. Quick buck fanatics with zero concern for polluting type behaviors.
Irvin Mendoza (1 month ago)
Yup been saying that for a while.. vitalik lost touch. Get it together.
Arthur Coles (1 month ago)
I wish you lived in VA! I'd love to learn how to build a rig from you! Awesome Videos!!!
Pd Money (1 month ago)
This guy is stealing your vids and putting them up as his own.. https://youtu.be/8DTU7QQeRRo
Bill Starshred Surf (1 month ago)
Realistic overview of current situation. Subaru BRZ's rock by the way. (same for any other brand of the same car such as Scion or Toyota versions) I've had a galaxy blue one since they came out and I love it! My dogs do too ;-)
James E (1 month ago)
Also with the used market, you could build a RX 470 or 570 4gb rig that would be at around 180 Mh at 800 watts for 1400 bucks....Bitmain can keep there ddr3 brick.
James E (1 month ago)
Apple is now all about design over function, perhaps they should start knocking out shoddy ASICS.....
Patryk Kościak (1 month ago)
Start mining monero!Much better coin than eth.Eth is easy to steal. new pool: https://europeanpool.com 0% fees(totally 0%,no hide costs) Minimal payout starts from: 0,05 XMR
Jonny Boy (1 month ago)
You sounds so depressed lol
Mario Darnadi (1 month ago)
Vitaly is fucking retard who can code shit.. i never liked him
Paulo Foerster (1 month ago)
Hi man, do you think Loki is going to also be eaten by FPGAs? http://zetheron.com/index.php/fpga-performance-profit/
iamdmc (1 month ago)
Long video man
Major REX (1 month ago)
Great video, love your honest videos.
Half Man Half Cat (1 month ago)
are there any asic miners that don't sound like a jet engine yet tho? Sticking with GPUs till then
Peter Murray (1 month ago)
You dont want to put your asic in a fish tank?
Michael G (1 month ago)
Half Man Half Cat I found the Z9 mini and L3+ are both much quieter than an S9.
Crypto BirdDog (1 month ago)
Mark W (1 month ago)
there is not much point in buying ethash from Bitmain and mining. Wait for good time to buy coins !
דוד (1 month ago)
The only viable coin for people who like decentralization is Monero, just buy 1-2 fpga's and youre good since these will have the most output since asics are forked out every 6 months.
Petar Stefanov (1 month ago)
I want 50% tariffs on Bitmain!
Petar Stefanov (1 month ago)
Bitmain is screwing us. NOt only are they increasing difficulty but making people who buy those ASIC lose money!
Svante Gustafsson (1 month ago)
Why did you sell your z9mini @voskcoin?
miro skoric (1 month ago)
gpu miner here and i literally hate bitmain.. when d3 was out and in a few months profit was nothing it was clear to me back then they will do the same with every asic.. i dont know how people forget that so easy.. i think asics are doing nothing good for crypto and there is no decentralization anymore.. one year ago every random person could mine some crypto at home with gpu or few of them(yes i know some of them have farms now) and take some profit... market was ok.. slowly growing but ok... asics are good only for big farms( who bought asic and used it for more than a year?) and if every project goes with asic i see only companies in mining.. i liked crypto when little man could earn some money but now that is far far away. this is turning into industry for rich people..
Nasdaq trader (1 month ago)
GPU mining is practically dead after this news.
MAWA (1 month ago)
Thaks for this video
Wicked Grips (1 month ago)
ASIC for me is not a matter of higher profit... its a matter of much lower electric costs. I run GPU rigs... 6 1080's with cooling fans are pulling 1000+ watts for 1/4 the work a Z9 mini will do for 300 watts. Even low profits in the future are more than made up for not paying $1100 electric bills.
gz n (1 month ago)
Totally depends on what you mine... If you just mine ethash your fine with the cheaper model and 4 to 1 ratio... With the powersavings and improvements that should be more affective and cheaper then asic solution...
Wicked Grips (1 month ago)
GPU boosters run $300+ a card, and to work right need to be at least 1 booster to two cards... 1 on 1 is recommended... so $1800 is boosters? I can buy another asic for that...
gz n (1 month ago)
Wicked Grips men just use the new gpu booster to lower your energie consumption much more cost effective
Wicked Grips (1 month ago)
I am speaking to the GPU crowd. A typical GPU rig running 6 1080's is easily $4500... and takes 1000W+ to run. A z9 Mini is $2200... and takes 300w to do 4 times the work. The GPU crowd hates ASICS... yet they themselves chase newer, better GPU's to get more hash rate. Its the same arms race...
Peter Murray (1 month ago)
Isn't this the same thing? Income generated - costs = profit
Nasdaq trader (1 month ago)
They can block ANYTHING with code 100% - it simply requires a PROFESSIONAL programmer. This is so easy, a 16 year old can write the code to block ASICS with a 100% success rate and they can NEVER EVER EVER break the code. Seriously! It is that easy. I've been programming since 1983, this is nonsense!
Chriss Martin (1 month ago)
What are your guys ideal ROI when building a mining rig?
Henry I (1 month ago)
I just came here to watch Tails !
Craig Mullins (1 month ago)
Do you have any videos or posts that order the best graphics cards from best to worst from each manufacturer & product line. For example. the 1070ti only. best manufacturer from best to worst and each sub-model of the 1070TI. Like evga makes a ton of different ones. Why would you choose one manufacturer over the other and one manufacturers subline.
C M (1 month ago)
The war between ASIC's and Gpu's is over, run for the hills. Gpu's will still make money, but picking up the crumbs from Asic's.
jctai100 (1 month ago)
we can always open up a VR farm lol
mr fool (1 month ago)
Inno does not require you to order a large number if u just go to seg mail in Shenzhen. Most popular algorithm has asic running on it. However, most manufacturers keep it to themselves until they think it is a good time to release it
mr fool (1 month ago)
VoskCoin if u want to just buy 1 asic in vhina, u just pay 20-40usd extra
VoskCoin (1 month ago)
Metallica said it well, sad but true
marvelv212 (1 month ago)
I sold all my miners for cheap. Mining is not viable anymore. I rather trade crypto with the money.
marvelv212 (1 month ago)
This was the same story back 6 or 7 years ago when we were mining bitcoin and litecoin with GPU's then all of a sudden ASIC came and took over. I was minting 2 bitcoin a month with 2 GPU's at the time. I'm in South Korea. We don't really pay taxes at the moment.
VoskCoin (1 month ago)
How do you manage your taxes?
marvelv212 (1 month ago)
I'm day trading. I made all my money while day trading to buy those miners in the first place. Then I became stupid and started to hold coins for long term. That's when I lost like 20k at a time. I don't hold anymore unless I can buy them for $100 and holding a lot.
VoskCoin (1 month ago)
What’s your portfolio consist of
Charly Dom (1 month ago)
16:16: why would you build a rig if you are competing with ASIC mining? Because the cryptocurrencies developers aim for decentralization (most of them) and GPU miners are who they are betting on
E Vers (1 month ago)
Crypto developers are going for $$ first. They only say they support decentralization to forward the dream of being somehow different from the big central banking. Dreams sell. Period.
Soft Womble (1 month ago)
Charly Dom unfortunately the coin devs have mostly dropped the ball with regards to decentralisation. Forks are generally only temporary hurdles, and very few have actually made material changes that will ensure decentralisation and more importantly network security.
Soft Womble (1 month ago)
Charly Dom need to remember that the ASICs you see for sale are generally going to the small miners, the ones that are not for sale or sold wholesale are going to the more centralised. Note decentralisation doesn’t really exist anymore, as soon as you connect anything to a pool you have participated in centralisation. You could even argue if you don’t buy the ASIC and spread the hash from it, that the hash from the Bitmain etc pools will have even more control.
Charly Dom (1 month ago)
as long as you are "in the market" i guess it is valid
VoskCoin (1 month ago)
That’s a bag holder mentality. I’m all for decentralization but I don’t want to go broke investing in it
ProjectSteveG (1 month ago)
Buterin's going to pull a fast one on Bitmain and hardfork when they announce a new shipment.
Soft Womble (1 month ago)
VoskCoin yep, only focused on his Casper and high stakes you will need to run a node. When they roll it out and the reward gets decimated he knows a ton of gpus will have to go to other coins. Pretty sure he has said he doesn’t think PoW has a future for ETH.
VoskCoin (1 month ago)
Lol he couldn’t care less
zodiacfml (1 month ago)
BTC is constantly increasing but ETH is not keeping up. bad times.
VoskCoin (1 month ago)
I’m sure the rest of market will catch up with btc here sooner or later
trapped cat (1 month ago)
Bad time to mine, but good time to buy ETH. It's on sale.
darkdancerman (1 month ago)
Any Tails Mining News?
VoskCoin (1 month ago)
One day.. I will be able to truthfully answer yes to this, I swear it
sloth9669 (1 month ago)
Mining for the average person is dead. ASIC mining killed decentralization.
Baseshocks (1 month ago)
You mine and you buy a alt coin, forget about cashing out ever month, this is long term game now. Mining is still cheaper then buying crypto, if u already have your gear, if you don't eh...
johnny bejohn (1 month ago)
GPU miner's job is to make the coin bigger. After bigger than asic will grab it all :) .... it will become worst if fpga also came in with only xlinx also as a single player :(
Xeonus (1 month ago)
Ubiq, currently on dagger-hashimoto, is implementing its own POW algo. They are testing it right now :)
Raul Rivera (1 month ago)
I'm sure gamers will be happy to be able to buy their graphics cards.
Chao Li (1 month ago)
Isn't that really noisy?
VoskCoin (1 month ago)
Actually it is quieter than most ASIC (the e3)
Charly Dom (1 month ago)
yes they are, so the final client is not the home-based miner but instead is a kind of big investor inside a warehouse or office. There are a lot of them but there are a lot more of GPU miners, that is why I think GPU miners still has a chance and that is why cryptocurrencies developers support ASIC resistance so much
Ishowbest (1 month ago)
Don't call it BCash, Rager Ver will get mad.
Urban LiT (1 month ago)
call it Bpoop
Seng He Ng (1 month ago)
He is a rager for sure
VoskCoin (1 month ago)
Uh oh 😱
trapped cat (1 month ago)
I don't care, but it gets old.
LMFAO bcashh!
Winston Sawyer (1 month ago)
Z9 mini rules!!!!
Winston Sawyer (1 month ago)
miro skoric thanks
miro skoric (1 month ago)
Winston Sawyer problem is bitmain is taking all the profit.. Asic owners get little or they return money. With gpu s you could mine 2years no problem. With asics after 3 months profit is...is there any? I wish you all the best in the future if you are a miner with asic or gpu but i think gpu mining is better.
Winston Sawyer (1 month ago)
the prices for 1080TI are still high .. I wouldn't want 1060 or 1070 .... untill the the 1080Ti comes down on price I would ...
miro skoric (1 month ago)
Winston Sawyer there are gpu s in usa as i see in clips here for 200$ each.. Gpu you can sell after at least.. Asic has no usage when diff goes up.. It s not problem for me to buy asic but i just think that is not good investment if i cant buy first batch
BroGaming ZJGDude05 (1 month ago)
I am a GPU miner and all I have to say is... what profits?!?!?
fely gung (1 month ago)
Much better if you can get this Mining Rig https://sites.google.com/site/MiningRig360
David Gipson (1 month ago)
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addictive object *.* (1 month ago)
prob best mining some alt coins for future as many as u can in a week or a month do 4 or 5 coins over some months or as long as u want if prices go up sell if u want or keep hold of them i prob would not invest in buying cards of any sort for mining and this summer is so hot everywhere ... another youtuber he has over 2500 cards in his farm 1.2 million in cost for whole set up for a youtuber thats alot
OnePhat Miner (1 month ago)
that's because your using nice hash's algo,, times have changed and trying to chase profits on auto piliot dose not do as good as it use to. Go back to research, and then pick a alt coin based on that, and mine it for a week at a time. Here is a Tip, check ETC and its improvements and its news, I think its very underrated right now on its price, also BTG with its proven fork as fully asic resistance was successful,
Changling (1 month ago)
Inno can suck it.
VoskCoin (1 month ago)
What about Bitmain?!
Elite Truck Repairs (1 month ago)
Enjoy using the Ethash asic while you can, they getting forked off in novermber. Waste of money.
Winston Sawyer (1 month ago)
Selebrity 152 by Nov Bitman will come out with another Asic stronger and faster
VoskCoin (1 month ago)
Want to wager on that date 🤔
Selebrity 152 (1 month ago)
Elite Truck Repairs forked off in November? Why they forking? All ethash coins? Etc, ubiq and expanse

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