I hate to say it

Ғылым және технология

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Chapters
--------------
00:00 Evergreen Miner 12TB Starter Kit Hard Drive Farming
01:39 Chia Farming is more profitable than GPU Mining?
02:21 I lied about my first Chia mining rig
03:20 Plotting Chia Plots faster with GPUs now?
04:05 Setting up the Evergreen Chia Miner is very easy
04:35 What type of people will buy this Evergreen Miner?
05:05 10 watts to run
05:14 How profitable is Chia farming?
06:41 How much Chia have I earned every day on Flex pool?
08:06 Why would I get into Chia farming now?
09:04 Should I get into Chia mining farming?
10:22 Chia is going to have an IPO this year in 2023?
10:38 Will Chia go back to its previous all time high or higher?
11:00 Let's calculate future price appreciation to my current Chia farming yields
12:35 Let's calculate a 1 year ROI for my current Chia mining rig
14:14 Do you believe in Chia?
14:38 How much could you earn with the Evergreen Starter Kit Pro 120tb?
15:59 Is Chia mining better than GPU mining?
17:40 What is the daily emission in fiat for Chia?
18:35 Chia decentralization?
19:43 You will ultimately decide if this is going to be a good investment
20:51 Giving away a Evergreen Starter Kit!
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DISCLAIMER When it comes to GPU Mining, remember Silicon Lottery! Results MAY vary from GPU to GPU so your Clocks/Undervolt/Voltage shown in my videos may not work for you because of GPU Brand/Memory/Manufacturing what have you. Temperatures and your Cooling methods will also play the part and have an affect. Test at your OWN RISK and do your OWN RESEARCH.
Disclaimer - I am not an expert. This is not financial advice and do your own research. Everything said is from my point of view and for entertainment purposes.

Пікірлер: 103

  • @RedPandaMining
    @RedPandaMining Жыл бұрын

    Giving away a Evergreen Starter Kit here! gleam.io/FPHiC/chia-evergreen-miner-starter-kit

  • @swampasssapper3643
    @swampasssapper3643 Жыл бұрын

    Curious what you could get profitability wise if you had a chia setup that has a similar power consumption as a powerful bit coin asic.

  • @DavidReyes-dl8tn
    @DavidReyes-dl8tn Жыл бұрын

    I got out of mining in 2022 spring. Wondering if there still is anything else left to pursue. I have one hnt miner but that’s it. This option is kinda like it low profile and low electric cost . I may look into it

  • @riftgod6169
    @riftgod6169 Жыл бұрын

    Can you plug in a couple hard drives to a GPU mining rig? What are the requirements

  • @lolelu9362
    @lolelu9362 Жыл бұрын

    Can you connect your plotted HDD to evergreen miner?

  • @vmiget01
    @vmiget01 Жыл бұрын

    what happens when u run out of hdd space? do u stop earning? sorry i just dont understand chia

  • @cryptokrag7922
    @cryptokrag7922 Жыл бұрын

    Great video RPM. Break it open ! I do not have one of these, but I about 400TB farming Chia currently. GPU plotting will be really good. Prior to Chia, I mined BitcoinHD, and it used GPU's to plot. It was WAY faster.

  • @TheFunesk
    @TheFunesk Жыл бұрын

    You should do a video making your own pi and hdd setup for chia farming.

  • @littledevilr1
    @littledevilr1 Жыл бұрын

    Rpm. What is the life expectancy of the evergreen hardrives? I want to buy one but after the 6 month warranty I don't want to buy a new drive if it fails. Plotting the drives seems to be a bit complicated. Any recommendations on plotting drives cheaply diy?

  • @TheNemaa
    @TheNemaa Жыл бұрын

    LOVE CHIA ! please do more content on chia.

  • @GeekOfAllTrades
    @GeekOfAllTrades Жыл бұрын

    Wow, love the red Chia miner. Did they brand it "Ever Red" for you?!? I was super into Chia when it first came out, but when my 100TB was shadowed by Exobytes of storage on the network, I just lost interest. Might look back into it now with the RAM and GPU plotting methods out there now.

  • @woutervanniekerk5499
    @woutervanniekerk5499 Жыл бұрын

    Hi RPM. Just a quick question on the evergreenminers. I have looked everywhere but cant find any details with regards to the warranty they have on any of the hardware. have they shared anything with you by any chance? I currently have a 1.6Pbyte farm and looking at expanding

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    90 day warranty it seems

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    1.6 pbyte damn!

  • @woutervanniekerk5499

    @woutervanniekerk5499

    Жыл бұрын

    @@RedPandaMining Thanks for the reply RPM. Was hoping it would be longer than that. Keep up the great videos. Love your content

  • @floridastacker
    @floridastacker Жыл бұрын

    Why not. I have 4 eth ports left. Fill em up! Thanks RP

  • @OFFGRID_Trucker
    @OFFGRID_Trucker4 ай бұрын

    My starter kit was beginning, then it began to fail. Then before it failed, bought one of their expansion drives. So now that I have some time to try and figure it out.. I have a phone support appt in 30 minutes. This is after they've sent me at 2 different times, a preformatted SD card. Have been on the discord with them.. but haven't been getting anywhere fast. I think the hub is bad.. but we'll see.

  • @Craig5233
    @Craig5233 Жыл бұрын

    Have you ever mined Filecoin?

  • @krz8888888
    @krz8888888 Жыл бұрын

    How long does the ssd lasts in these before being worn out ?

  • @DkGrRo

    @DkGrRo

    Жыл бұрын

    I think you can plot arround 150+- tb before ssd wears out

  • @maschlau
    @maschlau Жыл бұрын

    Those are convenient, but it is far more economical to build a farming rig than to buy those individual boxes for people wanting to farm more than 1 or 2 hard drives.

  • @thebeebeescryptomining4422
    @thebeebeescryptomining4422 Жыл бұрын

    Been farming Chia consistently with 1 PiB, here's hoping it pumps! Those evergreen miners are pretty neat, building out a large farm can get pretty complex if people aren't familiar with running JBOD's.

  • @kryptonitrous
    @kryptonitrous Жыл бұрын

    the evergreen boxes are pretty good if you dont have to pay for them... Pro tip for chia mining all you need is a harddrive. No fancy plotting pc, no app, no overpriced box. dont get ripped off guys. Good video about a sub par product.

  • @irfanhaider9122

    @irfanhaider9122

    Жыл бұрын

    Can you please guide a bit more i have 30tb of hard drives!!

  • @DioDiDiscovery
    @DioDiDiscovery Жыл бұрын

    Hey RPM, I ordered from evergreen almost 5 weeks ago, haven’t heard a thing and Dylan won’t respond to email. Any idea what’s going on?

  • @goku-1097
    @goku-1097 Жыл бұрын

    It's cheaper to buy the CHIA coins (if you believe in it - I don't) then to setup mining. It's just not cost effective even if you have free electricity.

  • @MestreDentistaGUC
    @MestreDentistaGUC Жыл бұрын

    Panda, I'm from a slightly older generation, and I must say just how COOL it is see how being able mine crypto and make enough money so that you can have the time to do these videos and experiment with new opportunities! When I was a kid the internet didn't even exist! I'm so proud of you crypto kids. I do a bit of cpu mining and I have a jasminer 1u. It's all so amazing.

  • @TheHobbyistMiner
    @TheHobbyistMiner Жыл бұрын

    I had to replace the Fans on my Evergreen Miner Unit. The 2 little minifans in there had bad bearings. But other than that, been a good experience overall!

  • @TheFunesk

    @TheFunesk

    Жыл бұрын

    You should do a video making your own pi and hdd setup for chia farming.

  • @fullyelectric
    @fullyelectric Жыл бұрын

    Red Panda Mining that’s truly awesome they made you a custom color version, will they make more in that color? also I would have like you to add in your video buying the coin vs mining, because if you buy $300 of XCH today that’s over 6.25 XCH vs how long it would take that same $300 starter kit would earn in XCH over one year. So base on your setup that’s 1.4 XCH per year, it would take over 4-5 years to earn 6.25 XCH and in XCH moon in 1-3 years from now anyone that purchased XCH world earn 2-6x more than mining it!

  • @fullyelectric

    @fullyelectric

    Жыл бұрын

    Truly I was hoping the $300 starter setup would be earning $20-30 per month or 0.45 to 0.65 XCH per month

  • @user-vi5vd3ty9d

    @user-vi5vd3ty9d

    Жыл бұрын

    😂 but vosk says it makes $60 a month (fails to disclose he has the high end pro kit).😂😂😂😂

  • @fullyelectric

    @fullyelectric

    Жыл бұрын

    @@user-vi5vd3ty9d yeah that’s crazy man spending $3.5+k to earn $60 per month, if everything stay the same thats $60 per month x 60 months or 5 years to = $3.6k, buying $3.5k in XCH iMO is a better option as you’ll have over 77 XCH and the moment XCH moon you already have the coins thus gain instantly from the moon vs mining for 5 years to earn 77 XCH .. now if you get the starter kit for free then yes it’s well worth it as it’s free and used little to no electric.

  • @jamesperry6298
    @jamesperry6298 Жыл бұрын

    Why not take that rig and do Threefold? No potential for future growth?

  • @elliot6011
    @elliot6011 Жыл бұрын

    Hey Panda, what PC case is that ?

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    geni.us/prl2il

  • @Boofster
    @Boofster Жыл бұрын

    This sounds great if they could just sell the shell boxes and I could pop my own drives in it. Unfortunately opportunity was missed.

  • @Starseed1101
    @Starseed1101 Жыл бұрын

    Interesting video on, chia. Need to look at long term probabilities before investing, at current ROI it looks at least a couple or more years to recoup investment if market doesn't go up.

  • @NuffxSaid
    @NuffxSaid Жыл бұрын

    Just buy it at this point, my guy. Some stuff is just to be purchased and not mined. Spend what you'd spend on the miner on buying CHIA. Come on now.

  • @degenhexican9355
    @degenhexican9355 Жыл бұрын

    shhhhhh panda... less farmers more xch for me!

  • @mining4798

    @mining4798

    Жыл бұрын

    Will be more chia farmers, so sad😂

  • @loetwiek
    @loetwiek Жыл бұрын

    would love to see you create a large farm with normal disks, roi seems to be decent at these prices

  • @mhx
    @mhx Жыл бұрын

    Whats the ROI of the chia miner?

  • @mining4798

    @mining4798

    Жыл бұрын

    all depend on how much you pay for the hard drive, most of the chia miners spend around $10 for 1T average, for them the ROI is less than 2 years

  • @ricktaylor1645
    @ricktaylor1645 Жыл бұрын

    Started 6 months ago up to 250 TIB on one farming rig with the help of selling some GPUs and using the motherboard hardware from mining.

  • @daviddubchakov263
    @daviddubchakov263 Жыл бұрын

    Currently ROI will be 10 years?

  • @mining4798

    @mining4798

    Жыл бұрын

    All depends on how much you pay for hard drive, if $10 a T, less than 2 years

  • @w3mct
    @w3mct Жыл бұрын

    just order 12TB with your link!

  • @NetworkBits
    @NetworkBits Жыл бұрын

    How do I get myself a free Evergreen starter kit? I'm the only youtuber who hasn't received one!! P.S. I think Quebec should be a sovereign province of Canada

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    *unzips*

  • @NetworkBits

    @NetworkBits

    Жыл бұрын

    @@RedPandaMining unzips wut

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    @@NetworkBits ill introduce u to evergreen lmao

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    @@NetworkBits also Quebec LMAO

  • @NetworkBits

    @NetworkBits

    Жыл бұрын

    @@RedPandaMining you're a real bro!!

  • @raihanhossain3423
    @raihanhossain3423 Жыл бұрын

    which province do you live in?

  • @TorchedRC
    @TorchedRC Жыл бұрын

    I solo mined blocks back when they were $1600 per with only 100 terabytes. Those were the days.

  • @blackmennewstyle
    @blackmennewstyle Жыл бұрын

    The name cracks me up though, "Evergreen" for me always computes with the very famous shipping container company lol The only thing i don't like with that project is the fact that "EVG OS" is not really open-source, i hope there is no back-door within the app :/

  • @billlam7756

    @billlam7756

    Жыл бұрын

    Lol ikr

  • @SavagePZZA
    @SavagePZZA Жыл бұрын

    I hope to learn more either by winning or eventually buying....It seems like a good entry point, for an older gen X crypto-noob like myself! Thanks for the Opportunity!

  • @mikehill9888
    @mikehill9888 Жыл бұрын

    Thanks for the video

  • @stevenlevernier7357
    @stevenlevernier73574 ай бұрын

    Everyone that "got out" are the losers paying us diamond hands right now. Ill be laughing straight to the bank 🤣

  • @mining4798
    @mining4798 Жыл бұрын

    If you keep mining xch from 2021, today you have made your fund back already and keep earning until your hard drive dead

  • @haroldreynoldsii9857
    @haroldreynoldsii9857 Жыл бұрын

    Why are they Red "specially made for Red panda?" That's cool, I'm waiting on my mega starter kit 160/180TB

  • @evergreenminer

    @evergreenminer

    Жыл бұрын

    Because we made him a special unit! We don't typically make custom colors.

  • @dougiee6589
    @dougiee6589 Жыл бұрын

    Thanks rpm I'd been waiting for this let's go

  • @DMinerzChannel
    @DMinerzChannel Жыл бұрын

    hello buddy!! evergreen in the house!

  • @Nordlenning01
    @Nordlenning01 Жыл бұрын

    If you just bought XCH right now with the same amount of money that the miner cost (399dollar)and the XCH goes to same all time high, that XCH would then be worth over 13 000 dollars..

  • @goku-1097

    @goku-1097

    Жыл бұрын

    That's the problem. It will never go up to ATH because of 21M pre mined Chia which is the main reason it's price crashed when Cohen explained in his interview. I mined few Chia when it launched. It's a dead project and people are just hoping it will pump, but 21M pre-mined chia will be dumped for profits and it will basically kill the coin.

  • @user-bh9yk2wv4w
    @user-bh9yk2wv4w Жыл бұрын

    These things have been beat to death

  • @poorinvestor
    @poorinvestor Жыл бұрын

    RPM what is going on here 😂

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    @Poor Investor dont watch this video lol

  • @alvydasjokubauskas2587
    @alvydasjokubauskas2587 Жыл бұрын

    Basically I would buy at least 2 up to 3 chia hdd, tinker around, maybe learn how to make your own chia later on. It should not be that hard. Also it is the best time to hop on the train, you will never know, but don;t be like those crazy investors, that buy only 1 stock with 100% of money... I would say play like a child, a little bit here, a little bit there, learn something new. I would say investing into learning is the best investment, instead of buying courses can you learn from this chia miner? Is the lesson worth few hundred dollars? Also what I love about the lesson you instantly start to get a return, you don;t need to find a job based on the lesson alone, it will become a additional self improvement project.

  • @alvydasjokubauskas2587
    @alvydasjokubauskas2587 Жыл бұрын

    That gpu took an insult... But everybody feels you, unless eth becomes proof of work again, than gpu minning will be profitable again..

  • @jbman2025
    @jbman2025 Жыл бұрын

    Day 1 mainnet farmer, welcome to the chia club again lol

  • @RedPandaMining

    @RedPandaMining

    Жыл бұрын

    Again LMAO 🤣 right?

  • @ogremgtow990
    @ogremgtow990 Жыл бұрын

    So that's where all the Raspberry Pi's went.

  • @evergreenminer

    @evergreenminer

    Жыл бұрын

    Blame the scalpers and the chip shortages for lack of supply. We're using them in a legitimate product.

  • @dubbyx8490
    @dubbyx8490 Жыл бұрын

    Highest market cap of Chia coin ever was around $550m which was a few days after launch in May 2021.. Once BTC crashed in May 2021 the coin followed, however when BTC recovered and smashed new ATH, Chia coin was recording All time lows.. Now current market cap is around $290m. Even if BTC goes on a rampage again, I do not see this coin crossing $1bn because it has almost no real utility, no demand and people who mine will constantly dump creating selling pressure.. Even if by chance it does hit $1bn and the amount of coins in circulation is the same as it is today, the highest price of the coin at next bull market will be $153 or less. Meaning around a 3.4x pump (1bn/290m). Using a potential sell price of $700 is misleading in my opinion.

  • @wyattliu3637
    @wyattliu3637 Жыл бұрын

    600TB here but like,I think evergreen is very stupid in terms of efficiency but it serves a good entry point for people

  • @jacobsherwood1655

    @jacobsherwood1655

    Жыл бұрын

    What’s stupid about it? Is the hardware more expensive than if you’d bought your own hard drives?

  • @wyattliu3637

    @wyattliu3637

    Жыл бұрын

    @@jacobsherwood1655 bring your own is way cheaper for the same capacity

  • @jacobsherwood1655

    @jacobsherwood1655

    Жыл бұрын

    @@wyattliu3637 ok thanks, good to know

  • @oldschoolshawn
    @oldschoolshawn Жыл бұрын

    At $399 USD for a 12TB starter kit, only making $0.17 a day, not including the electrical cost, would take you almost 6.5 years to ROI on this. Defiantly NOT worth it!

  • @evergreenminer

    @evergreenminer

    Жыл бұрын

    The way to maximize ROI is to ensure most of the spend is in HDD over everything else. The PRO kit has the best ROI since only 8% of the spend is in anything other than space. The 12TB is a good place to start, more space can be added over time improving the ROI.

  • @leo-zb2ui
    @leo-zb2ui Жыл бұрын

    finally go Chia !

  • @odaydrums
    @odaydrums Жыл бұрын

    your ATH predictions visa vie future price are laughable but i will buy one. how many charts have you seen that has a mountain on one end and l o n g valley then an equal high mountain on the other end? None, because it doesn't happen

  • @wyattliu3637
    @wyattliu3637 Жыл бұрын

    Most realistic price target is 200😂

  • @ronwatkins5775
    @ronwatkins5775 Жыл бұрын

    Yea, Chia. Ive had mine on 24/7 for almost 2 years now, earning $15/day now

  • @ZaPpaul

    @ZaPpaul

    Жыл бұрын

    How much HDD space is that though?

  • @ronwatkins5775

    @ronwatkins5775

    Жыл бұрын

    @@ZaPpaul 1 PiB and im starting on my second PiB now. Just got 2x Supermicro 36-bay rackmount servers. All 16TB drives. Each Supermicro holds approx 0.5PiB.

  • @mertaydemir7898
    @mertaydemir7898 Жыл бұрын

    lets say, if i wanna buy worth 2000dollars chia coin , and if its gonna be 780 dollars again. so if i pay 2000dolars right now i will buy 43 chia coins . if its gonna be 780 dollars so i will have 33000 dollars. i think its better to buy coin right now. not hardware... its just a idea not advice

  • @mining4798

    @mining4798

    Жыл бұрын

    If you have ways to buy cheap hard drive, go mining

  • @HossamElsaied
    @HossamElsaied Жыл бұрын

    It's not too late to sell the farm and go mine a more profitable cryptocurrency - Crypton

  • @DjMines
    @DjMines Жыл бұрын

    That thing looks cool!

  • @Murr808

    @Murr808

    Жыл бұрын

    What? It looks like a bar of soap

  • @AcuraAddicted
    @AcuraAddicted Жыл бұрын

    No

  • @nickmoffitt4160
    @nickmoffitt4160 Жыл бұрын

    Lol so at $542 plus tax and shipping for 12TB of storage you're looking at about a 7 year ROI and I'm being extremely generous with that calculation and not even subtracting the energy costs. And that's also not accounting for the massive growth in the mainnet that we are about to see with the new GPU gigahorse plotting that Mad Max just released that allows K32 plots to be completed in literally 14 seconds. There's definitely a lot of money being made on these things but it sure as hell won't be the poor consumers that bought these things and would have to keep them connected and farming 24/7 for the next 7-10 years to even break even. This is the kinda BS that is allowing the government to justify enacting more regulations on cryptos because there's always a company like this praying on the ignorance of the general public and there's always an influencer they can pay off who has enough followers to allow them to directly market it to hundreds of thousands of people who just happen to be the perfect demographic to market it to.

  • @quierovervideosfrb
    @quierovervideosfrb Жыл бұрын

    First :D

  • @Master_Smurf
    @Master_Smurf Жыл бұрын

    6 year ROI no thanks

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