I spent $5000 on GPU Mining for 2024

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Todays video we review how much does it cost to mine cryptocurrency? This video will answer questions like is GPU MINING worth it? Is cryptocurrency mining expensive? What do I need to buy to mine crypto? Which gpus are good at mining?

🚨 *HOW TO FIND CHEAP GPUs* 🚨

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📹 *Building a profitable GPU Rig!*

📹 *What is going on with GPU Mining?*

I review the total cost of my crypto mining rigs to help answer questions on what hardware do you need for crypto mining and how to get started crypto mining cheap!

Did I get a good deal? What crypto mining hardware are you purchasing? Should you mine with gpu's or asics?

All of my gpu minig rigs run on hiveos mining kawpow and ghostrider algorithm. In future videos, I will show how to mine AIPG, RVN, CLORE.AI, Neurai, nexellia and other Kawpow coins.

Is it profitable to crypto mine in 2024? The answer is yes! GPU Mining is coming back in 2024.

Can you mine bitcoin with a gpu? No, but you can gpu mine many different pow (Proof of Work) coins.

My channel will focus on the economics of home crypto gpu mining. How to build a crypto mining rig as cheap as possible. What parts you need for a crypto mining rig and various gpu mining and hiveos tutorials.

My favorite mining cards are rtx 3060ti, rtx 3070, rtx 3080

Please consider subscribing to catch the latest cryptocurrency mining videos!

Good Deals On In Stock GPU's For Mining in 2024 (Efficiency):
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My Mining Rig Parts:
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🚨 *HOW TO FIND CHEAP GPUs* 🚨
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ModernMiningHub
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Awesome farm tour I really enjoyed it brother

RobTheMiner
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You set yourself up nicely! Steals on the GPUS - you'll thank yourself greatly in 2025 :) Hard to find these deals even now

Funded...
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Holy crap I was gonna get into mining and I live on a military base so electricity is free but even then I think it would better to just spend the $5, 000 on the crypto and just hold.

Louie
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Great explanation, love your style! I’ve got a few videos on this topic on my channel, too.

GenSafe-qb
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Good Prices on cards, not Great, but in a pinch as we get into more of a bull market it's unlikely you'll lose money selling them.
Love the wood frames. Spending money on frames or server cases isn't for me either.
Sub'd, almost to 100 !

patrickmurphy
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Nice rigs! If you repositioned the fans on those rigs to blow into the cards they would run cooler.

pjmtrmcjm
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Wow... Lucky :)
Meanwhile, Im struggling to buy 1 GPU a month, to add to my rig 😂 And even those are older cards.. 😂😂
I am a 24/7 carer for my terminally ill daughter.. So household income is dreafully low.. But i am staying positive, and really hope i can afford to progress further into mining.. 🙂
I am in the process of building a mining shed though.. Taken me months so far, But its slowly getting there 🙂

RGD_Repairs
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Great analysis, thank you! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

arianabracket
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I like the wood frames! I'm curious, how are you securing the motherboards?

jsamm
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Is crypto mining still profitable? And what happens when all bitcoins run out

alheatbsmetal
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What crazy bear market gpu deals have you gotten recently?

ModernMiningHub
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You could also convert them to AI rigs if needed.

ghostnetworkNL
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try solar my g or mine in tax free countries, 11 bucks is kinda sad

iwenameh
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I like it. Got some good prices on the cards. Are you done building rigs for know?

EDC-Addiction
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Given your farm cost, assuming daily profit is a constant (a big assumption, I know, with your planned optimizations and inherent crypto fluctuations) and given the electricity cost, how many months until you break even?

Wooster
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I spent $4000 on two 4090s. I haven't set it up yet though need PSU, Mobo Ram CPU etc

theguardianarchives
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So 500 days ROI. 'Okay bro'.

defaultdefault
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1:08 4, 200-1, 400=2, 800 that’s pretty good. You basically gained $2, 800 in a year just buy selling it and buying it back, basically renting it. And like what I remember the merge was in September 2022 which I remember this is cause September is my birthday. Also, this is kind of how I remembered when flex pool said they were shutting down.😅😂

Nathan
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Why are you mining Kawpow??? Juste mine Pyrin you will get way less power and more profit!! I mine Pyrin with 24 RTX 3070 at 2200w at the wall for 103gh/s and exchange it to KASPA!!

benoittheminerandgamer
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