Why I'm Concerned about GPU MINING in 2024!

In today's video we discuss, Are you GPU Mining in 2024? If so, we have a Ton to Talk about!? But let's start by Recapping 2023, What we were GPU Mining in 2023? What success stories do we have coming out of GPU Mining through the Bear Market? Where did we lose money Spec Mining into different Projects that Popped Up? Finally let's talk GPU Mining Hardware? Did you Double Down during the Bear Market and purchase more Graphics Cards? How many of you are considering buying the New RTX 4000 Series for Crypto Mining? Enjoy today's video talking GPU Mining in 2024!

🛒𝐒𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐚𝐫𝐨𝐮𝐧𝐝 𝐟𝐨𝐫 𝐚 𝐊𝐀𝐒𝐏𝐀 𝐌𝐢𝐧𝐞𝐫 𝐨𝐫 𝐎𝐭𝐡𝐞𝐫 𝐀𝐒𝐈𝐂 𝐌𝐢𝐧𝐞𝐫𝐬? 𝐓𝐫𝐲𝐨𝐮𝐭 𝐀𝐒𝐈𝐂 𝐌𝐚𝐫𝐤𝐞𝐭𝐩𝐥𝐚𝐜𝐞, 𝐓𝐡𝐞 𝐏𝐫𝐢𝐜𝐞 𝐲𝐨𝐮 𝐒𝐞𝐞 𝐢𝐬 𝐭𝐨 𝐲𝐨𝐮𝐫 𝐃𝐨𝐨𝐫 𝐚𝐧𝐝 𝐈 𝐓𝐫𝐮𝐬𝐭 𝐓𝐡𝐞𝐦!
💰𝐔𝐬𝐞 𝐂𝐨𝐝𝐞 "THEHOBBYISTMINER" 𝐟𝐨𝐫 𝐚 𝐋𝐚𝐫𝐠𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐀𝐧𝐲 𝐎𝐫𝐝𝐞𝐫!

𝐌𝐲 𝐓𝐨𝐩 𝐆𝐏𝐔 𝐏𝐢𝐜𝐤𝐬 𝐟𝐨𝐫 𝐌𝐢𝐧𝐢𝐧𝐠 𝐢𝐧 𝟐𝟎𝟐𝟒:

𝐓𝐨𝐩 𝐀𝐒𝐈𝐂 𝐌𝐢𝐧𝐞𝐫𝐬 𝐈 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝 𝐟𝐨𝐫 𝐕𝐢𝐞𝐰𝐞𝐫𝐬:

𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝟏 𝐨𝐧 𝟏 𝐇𝐞𝐥𝐩 𝐟𝐫𝐨𝐦 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫?
⛏ New to Crypto Mining, Need Hand Holding?
⛏ Not Sure What to Buy for your First Mining Rig?
⛏ Need Help Configuring your FIrst GPU Mining RIg?
⛏ Looking for Help Setting Up an ASIC Miner?
⛏ Need Help Launching your New Youtube Channel?

𝐅𝐨𝐥𝐥𝐨𝐰 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫 𝐨𝐧 𝐒𝐨𝐜𝐢𝐚𝐥:

𝐉𝐨𝐢𝐧 𝐓𝐡𝐞𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭𝐌𝐢𝐧𝐞𝐫 𝐃𝐢𝐬𝐜𝐨𝐫𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐓𝐚𝐥𝐤 𝐀𝐋𝐋 𝐀𝐛𝐨𝐮𝐭 𝐌𝐢𝐧𝐢𝐧𝐠!

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#bitcoin #gpumining #cryptomining

📺Video Chapters and Content:
00:00 Are you GPU Mining in 2024? Let's Talk!
00:08 Giveaway Time! Listen Up!
00:20 When I Started GPU Mining
01:02 Today's Video Sponsor ASIC Marketplace
02:00 What Should I Be GPU Mining in 2023?
04:30 Getting in on GPU Mining Projects Early and Filling My Bags
05:30 There are a Few Projects that were a Total BUST!
07:30 Alephium looks Promising, But is GPU Mining Dead for it?
08:30 Today's Video Sponsor Coin Tracking
09:00 Doubling Down in the Bear Market is a GPU Mining Lesson I Learned!
09:50 Diversifying your Crypto Mining Hardware is KEY!
10:30 What GPUs I Purchased Recently for Mining?
11:40 I Want to Buy More Graphics Cards!
13:40 Are you Buying the RTX 4000 Series GPUS for Mining?
14:50 GPU Mining in 2024 is Concerning for Me.
15:30 How to Enter the Giveaway for the GTX 1070 TI

𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an "Expert", I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.

[TheHobbyistMiner]

We are giving away the EVGA GTX 1070 TI FTW2, to enter:
1. Post a Comment with #gpu2024 in the comment.
2. In that same Comment post your thoughts on GPU Mining in Early 2024

[persiancryptominer]

why does no one talk about gpu renting in a platform like clore ai or vast ai?? i currenty making about 6.5$ per day from a single RTX4090 and i think this is very profitable!!!

[Mcks]

As a gamer I cant wait for GPU mining to be super profitable again. Waiting for a GPU mining revive so i can sell my 4090FE for $2.5k to some suckers 😂 then sit on my new/old 3080 i bought for just $400 yesterday on a second build 😂 then wait for the next crash and pick up like a rtx 6080 or 6090 years from now for 1/3 the price and then sell the 3080 on the next surge. I'll always have a new old card that does the job without dipping in my wallet. Just flip at the right time. I will never forget flipping an R9 380 i bought for $75 and sold for $325. Been hooked to flipping since! I dont need the best card right away when it comes out. I'm patient. This is all just a slow game.

[supryk_]

How or where do you find the newest, emerging coins?

[quibblegaze]

0:35: ⛏️ Challenges and evolution of GPU mining discussed, with a giveaway announcement.
3:33: 💡 Early successes in Caspa and Neoa mining, along with profitable investments, are crucial for GPU miners in 2023.
7:08: ⚠️ Potential challenges with Al lithium mining for GPU miners in upcoming years.
10:32: ⛏️ Growing GPU mining activity in recent months, focusing on specific GPU models.
13:33: 💻 Prefer 3000 Series GPUs over 4000 Series due to concerns about high electric usage.

Timestamps by Tammy AI

[BearMarketMiner]

I'm right here! I've recently purchased 10 x 6600xt's to get involved in the Kawpow Hype!

[FortniteBlaster]

I'm really excited about Neurai and Nexa, specifically Nexa with their experienced team and their work with Bitcoin Cash. Great video!

#GPU2024

[blocklawbstah]

Yeah I just got a good deal on a rig. 3 3080, 1 3070, 1 3060 ti, 2 1660 supers, all in a $500 server case. Also bout 2 more 3070 and 2 5700 xt for my amd rig. Getting a 30a 240 intalled tomorrow as well. Most likely will sell the 1660 and buy a 3070.

[wolverinepl]

How do you find projects early to mine with gpu

[JorgeDias]

#GPU2024 I think 2024 will continue the kawpow trend for gpu mining... And I believe we are about to see gpu prices skyrocket again until the next bear market.

[opecante]

#GPU2024 mining in 2024 will be the fight for profit, just like 2023, a few coin pumps, but nothing that will really make a difference … best regards from Portugal, EU. I have been watching your videos for years. Thank you for your time

[code_on_wheels]

#GPU2024, I think mining in 2024 especially here in the Philippines where our electric bill is as high as Php 13 ($0.23) would be exciting, a lot of risk-taking but hopefully very rewarding by the end of 2024. Not just monetary rewards but as a hobbyist. All we need to do is focus on our game plan and pray that all our perseverance will be rewarded.

[BitsPleaseYT]

#GPU2024. I feel like GPU mining will never die simply because most won’t buy an asic for every algo they want to mine, don’t lose focus of why you started this journey, keep pushing on. Versatility of GPUs will always win over an asic built specifically for a single pump and dump coin. ❤❤

[calebo]

#GPU2024 I think the flexibility of gpu mining is what sets it apart and will sustain this mining capability into the future

[coinology]

#GPU2024 - GPU mining was dead in between Dogecoin and Ethereum and felt very similar. Although many coins are minimally profitable now I believe we will narrow down some winners or a singular winner very soon. Profits will rise as bitcoin rise. GPU mining will be great again in later 2024.

[georgehawt]

Sounds like you made a decent profit. Still can’t afford a decent haircut😂

[IsThatEdwin]

The first week for KLS I swapped into BTC while it was available on trade ogre, then swapped for KAS on unmineable until there was another coin with a better $rev/watts ratio.

For GPUs I stacked 2080Tis for ~ $250 each since they performed like 3080s on core algos and didn’t differ so much on efficiency. Also it was more worth than a 3070 at the time and is holding its value because of the 11GB of VRAM

Recent bought a stack of 4070 Supers since they are the best $/Mh/s at MSRP for 40 series while adjusting for efficiency (on kaspa-like core algos). They also have GDDR6X so they should perform better on memory algos too.

Been kinda rough GPU mining ngl, but we made it this far, and times are much better than post ETH merge ✨💪🏼

[FPalma]

#GPU2024
Bulls are coming this 2024 for GPU Mining like good all eth times! 😬

[areutryingitout]

#GPU2024 I am all in on GPU mining at the moment. What scares me about ASICS is that they will eventually be bricks. KSO for example. Instead of buying one of them, I would rather buy a 4070 TI, which can earn just as many Kaspa through unmineable per day, but also have other uses in the future.

[jokerminer]

#GPU2024 RXD, Alph, CloreAI, NeurAI, Kaspa 2024 and beyond