This Video is for me and Only Beganer Crypto coin miners
First, a Word about ASIC Miners: Ethereum, Zcash, and Monero mine GPU on coins. But some coins, such as Bitcoin and Dash, are mined with ASIC (Application Specific Integrated Circuits) Miners. These powerful machines are hundreds of times more powerful than GPU rigs. And they’re designed to simply do one thing: mine the algorithm they’re programmed for. Now, some people might ask why you wouldn’t just buy the coins directly, as opposed to buying and running an expensive miner. Here’s the answer: these machines can be quite profitable over the long term, so they’ll continue to bring in mined coins for many months. That said, they typically do have a finite life cycle, which is shorter than GPU rigs. These shorter cycles are due to the impact that ASIC miners have on coins or algorithms after they’re released. They cause the mining network to have difficulty skyrocketing. In other words, everyone gets fewer rewards, in terms of coins. But since GPUs are always around, the changes in difficulty aren’t as dramatic as the ones that dedicated miners have. This drop in profitability can still be offset if coins gain value, which is exactly what Dash has. So the coins can make you earn more over time. However, this impact should be noted: In a bear market, coin values fall. Therefore, many folks can’t even afford to run the miner, which compounds the point further. Increased difficulty = fewer coins mined = less value When these Antminer D3’s were purchased in summer 2017, they were showing earning calculations of $150-170 PER DAY. I conservatively figured that they would drop by two-thirds (down to around $50 per day), which still would have been quite profitable. But I grossly underestimated the impact that these ASICs would have on Dash and other X11 coins. By the time I received my ASIC, profitability was down to around $5 per day. It’s lately come back up a bit, to around $6-8 per day. But that’s a pretty drastic decline from the allure of the purchase. Let’s walk through setting the miner up. Then I’ll close with some thoughts on how to optimize the usage and maximize your profits.