Is Mining on ASICs Worth It? - Mining Adventure Part 3

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Mining was for a long time a GPU only game, but with ASIC miners seemingly everywhere these days, are they actually profitable?

Buy ASICs (or maybe dont?):
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  • antoine benarrous

    Euhm my pc is lagging for no reason should I reset it ?

  • liam stockton

    love the spyderco knivfe linus

  • darthdude

    once again, the only people to make money are those who who are already loaded, can't have the poor rise too high right? might present opposition and we can't have that can we?

  • Steven Machado

    I realize this is an old video but can anyone direct me on the initial setup and whats required before purchasing your own mining equipment?

  • Icebreaker680

    Linus, 1 year followup to this video maybe?

  • MechaBits

    is it worth mining full stop?

  • Bbd L

    The fact I have 20 s9s for sale for 200 a piece local to me lmao

  • Stunami

    How did you connect the machines to an account? How to manage it? Remote?

  • TheXug

    0:39 when you try your best but you don’t succeed

  • Ana Assburgian

    Surely those ASIC's could be repurposed as 3D render farms?

  • 910AM Superstation Funnies

    Shouldn't be paying for power! "Idiots" ...

  • Chrrlees Whitesand

    Can u just use water cooler for gpu ?

  • Simon Vlad

    mining with bitcoinminingprofit.com is very worthy and profitable

  • Jussi Kankinen

    sure that mining companies use that "mining" to hacking banks or something, or is really billion cards just calcultaing 1 or 0, wasting energy

  • Russ Gallagher

    Just saw two vid's made by miners who said they had to shut down their commercial mining operations when the B/C price went to $3,000. Yeah, they had good hardware but even running in locales with relatively low electric costs they were losing money. Right now probably only the Chinese with coal-fired electricity - ie. super dirty - are making any money; probably with commie government subsidies.

  • Chris Mcfly

    i earn 14 BTC weekly through bitcoin hack, visit cruisehackerz.wordpress. com for your bitcoin hacks...they re so legit

  • Spectra Jason

    I wonder what that guy felt when his knife was rejected

  • bogart19693

    WHAT DO YOU KNOW ABOUT THE Sun ORACLE SPARC T5 16-cores/128-threads 2803pin LGA Processor RARE

  • Why Me

    holy crap and i thought the reason i couldn't upgrade my pc was because i'm broke

  • Artillery Horse

    Hey, what happened? Lmao...

  • Natan Stanek

    0:40 guy in back gets aired

  • kuny9213

    もしあなたが、アイフォンを持てましたら、pls sarch kuny9213 it is nice.

  • Retroke

    just use some solar panels or other renovable energy sort and i think you will just be making money for free

  • CrYptoMining

    Start mining on HASH-TO-COINS :: Multi Mining Pool : http://hash-to-coins.com/index.php?page=register&rid=62281

  • Mares Fillies

    That is 2 weeks Linus. ...

  • Samuel Noggle

    Do you want to earn massively while trading in Bitcoin with the right platform, then here is your chance. Strike me a message via WhatsApp or Telegram +1 (210) 305 5520

  • Mark Giubarelli

    If coin mining is so profitable then why is this company not just using them to mine rather than selling them?

  • Michael

    Way to save on money-do your mining during the winter, and save on heating bills by just having your ASIC(s) blowing on you...if you don't mind the noise

  • DestroyerJoni20

    Saw the date and thought it was today, was about to flip at yt xD

  • technological reinovations

    on a running shoe?  What is this guy talking about?  I own a pair of asics running shorts and and running shoes. How do I use these?

  • The Dark Eagle

    Stop Miners! I Need A GPU Before Their Price Reaches $10000

  • patrick jimenez

    what backpack is the one Linus is wearing @1:00

  • Coins 2929

    Here's a site to get into crypto-currencys. if you spend 100 dollars you and me will get 10 dollars! Pretty good deal, right? https://www.coinbase.com/join/5a1112e3ea6602010ac4348b

  • edgar clotier

    What if we use cloud gaming computers for mining ?

  • Maaq Trkk

    Dude! I've been watching your channel whole day :DDDD ITS AWESOME!!!! u got new subscriber!

  • NaCl10

    6:23 By “mini Linux computer” do you mean Raspberry Pi? Because that little box on top is about the size and shape of a Raspberry Pi...

  • Adrian Pras

    Bitcoin miners are subhumans

  • Danni Jensen

    Why this crypto currency rage? When crypto currency becomes mainstream currencies there will have to be placed a limit, and it will just replace current currencies without changing the market. The reason why crypo money works in South America and Africa is because of it's harsh class and economic divide.

  • Mobile Master

    Where can I get my hands on one of these my friend

  • Advocatus Diaboli

    Cryptocurrency is one of many malignant tumors - cancer - growing in our modern society.

  • Georgio Henderson

    I prefer to run in my Asics than mine in them, i'm not a minor anymore

  • John Cordeiro

    pay rent all inclusive... hook up a fuck ton of miners... free rent?

  • Royameadow

    Back in November of 20I8 and up to around the time of the United States Partial Government Shutdown, we had noticed the Dow Jones, Nasdaq, and Standard & Poors branches of the Stock Market drop by insanely brutal numbers, a major part of that (outside of the current speculations of a Trade War with China) being due to Tech Stocks taking a massive decline that I still do not know the full details about, which is where I hope that some of you will be able to explain to me.Does anybody here in the comments feel that Cryptocurrency Mining was a major contribution to the declines in Tech Stocks, and does it sound so farfetched that Cryptocurrency is a major part of what could trigger another Recession (if not a Depression) in at least North America?As Linus mentioned, Mining has ultimately resulted in a lot of hardware becoming violently overpriced if you were to get it New, much to the point where your best bets of getting a good prebuilt computer or the relevant CPU or GPU that you want must be a Refurbished or Pre~owned variant; this is creating a rather disturbing outlook for the tech world and it honestly could make those who want to upgrade their hardware have to surge up their budget to High End Gaming or Workstation Grade numbers (we're talking about 2000$ USD or better, at the very least), I would never want the industry to ever go down that direction because it's not good from a consumer and business perspective and thus would cause developers and local entertainers such as myself to wait for four to eight years to upgrade their hardware proper, and even at that, some CPUs, GPUs, and other resources have not gone down in price across five or even ten years.This is a major part of why whenever I do end up officially creating and releasing my own computer hardware concepts, I intend to permanently keep the prices as is from their Launch Date and going forward, so that if they are ever used for Mining, I would remain in absolute maximum control of telling the consumer class what they are truly worth, no currency of any form must ever be the reason for why a product suffers extreme or near~criminal levels of Price Gouging; if this were handled on a legal forefront, very likely I feel that Mining would end up restricted solely to ASICs and other unreasonably expensive Mining devices, wishfully this would save consumers a lot when investing in newer hardware for their computers and help even out what has lately been a horribly unbalanced playing field for millions, the lower grade hardware undoubtedly deserves far better.

  • MatDude

    Maybe this is worth that kidney

  • jbooks888

    Here in Australia, electricity is 30c+ per kWhr so I guess that totally excludes all chances of making a profit with any kind of setup.

  • evan wonsey

    Wow only 140$ for the s9 (clicks on color) (over 1000$) oh...

  • Politically Correct

    I guess the bar is now set as to who can mine.

  • Michael Brady

    I prefer using wet cardboard, tin foil and cat hair. Winner!!

  • Paypal And more

    but they are at 400 usd now :/

  • Christopher Mckee

    In just about 12 months, BTC has made a drop of over 80% from a peak of $19,800 to less than $4,000 and I wonder how silly those that kept talking of $100,000 and more look now. Seriously, how much more evidence do we need that cryptocurrencies are purely speculative bubbles that are best treated as such and milked at the moment? The only space for investing is in real companies doing actual business with real currency valuation. My forecast for the long-term value of bitcoin is 0$, 0€, 0£, 0¥. Don’t get me wrong, I am not a crypto hater, in fact, I am above average financially but I still have a strategy which I implement with which I make a minimum of $30,000 monthly for a couple of months already. Even though I get assistance from Mr. James Long with trade strategies and signals, I still trade on my own so I don’t have to grant anyone access to my trade account (funds). What I do is seek his opinion on the markets as he is a very seasoned analyst and trader and then I use his signals which are very simple to use in placing trades and in the process, I learn a lot from him. You can mail him** (jameslong241 @ gmail. com) if you need his assistance too. A word of caution, never mix emotion with coins if you want to succeed and you have to be brutal as well i.e sell, buy, and trade when you have to follow the rules and always seek help if you are not already a master trader and are not making good and consistent profit on your own already.

  • Mohamed El-Sadany

    Best Mining Program here:https://cudominer.com/?a=2_sJxodLkAnd I just made a video about mining PCs and I would Love it if you can view it and maybe comment on how I could do better. <3

  • RBXII3

    This is what cryptonight is for

  • EP11 pen guns

    Mining on a $25 toy (bbc micro:bit) is worth it.If you use your own currency and create a radio network.Which I may have done...And I may have dropped $250 for 3H/s

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