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This is NOT a sponsored review, but Coinmine did give me their product for free. Let me know your experience with your Coinmine One. And let me know what other products you want me to review! Cheers!
https://www.instagram.com/getcoinmine/
3/ The Coinmine One is nearly silent, pulls less power than a PlayStation, and takes no more than 5 minutes to set up.
Not only is it beautiful, but cool to help run a network from your kitchen. pic.twitter.com/eZPUdO57CX
— Pomp 🌪 (@APompliano) Bealtaine 11, 2019
https://coinmine.com/pages/faq
Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round
Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round
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Great video Austin!👍🚀🚀🚀
Appreciate The Review, was Looking into this as well.
Ayyy, thanks for making a review like you said you would a few weeks ago!
I haven’t watched the video yet but I saw ads for this, looked into the spec (I do mine)
and it looks like the ROI (without paying for electricity) is something between 5-7 blianta.
Compared to ASICs who’s ROI is usually less than a year.
Timestamps: 👍
0:35 What First Put Coinmine on my Radar
1:07 Initial Green Flags
1:48 What’s Different About The Coinmine One? + Unboxing
2:39 Tech Specs
3:04 How Profitable Is a Coinmine One?
5:47 What’s the Catch?
6:22 Coinmine $2.5 Million Seed Round
7:03 Final Thoughts – Is It Worth It?
8:47 My Coinmine
me too..great review
Ahh great insight, Feroste 👍
4000 Satoshi is a day, Is 1.46 million Satoshi a year. If there’s 100 million Satoshi in one bitcoin, it will take 68 years to mine one BTC. I’m assuming that since this warranty expires after one year, the equipment will be dust long before it’s gonna pay off. Oh, I forgot, you’re also paying 5% as you mine….BTC
You’re also paying for the premium cost of the hardware plus electricity. There’s no way that this is profitable. If bitcoin is $10,000, at best this earns $130 a year not including electricity or the cost of the equipment.
Absolutely, Kon 👍
appreciate you, Max 👍
wow excellant jewel that alone worth millions of course unless bitcoin hits 40k
4000 satoshis per day goes a long way 👍
An honest review. Much appreciated, very helpful 📈
every satoshi counts 👍
Buíoch tú, Ian 👍
@Altcoin Daily New watcher, figured I’d give my expertise. I enjoy the content. So have some BAT.
I bought one for my grandmother 👵🏻 on good days she loves it, on bad days she’s thrown various items-shoe 👠 cereal box etc. at the device. Thanks for your input!
sounds like great target practice 👍
I dont know how you calculate ROI. In my mind its more a fun and idealistic thing and you lose money doing it…
all stats show that buying BTC outpaces whatever is mined!! you will make much more just buying BTC and save energy!!
Fair enough..That’s why I wanted to show you my screenshots and my experience..Just use this video as a jumping off point. You do what’s best for you 👍
Have you mined any coins in full writhing those 3 weeks?!
Its actually a lot longer than 68 years to mine one BTC.
As of May next year, the 4000sats/day becomes 2000/day.
Every four years the rewards are cut in half remember;)
Cool video though, thanks for the insight, love the channel!
Keep up the good work!
wouldnt it be cheaper and more economical if you bought a mining rig with 2 or more gpu’s?
This doesn’t make sense unless you have free power.
Interesting, thanks. But would it not be better value to buy a Antminer S9 from eBay for $500?
The hashtate of btc is basically makes you 0.5 usd a day that approximately covers your electricity bill in the us.
By thinking about the 4k sats a day….i run the cryptotab browser and have 2k sats a day and this only with a laptop. And its for free.🤔
Appreciate the insight, Dan 👍🏼 Yes, just use this video as a jumping off point.
👍
@dd1one1 Seems to be one coin at the time.
Would be wiser to duplicate the ease of use and remake to have it work for all mining hardware and throw the wallet built in to take 5% it is a good step in right direction
seo! Do yourself a favor and just buy BTC. 😉
Besides all the other negatives, the difficulty is going to keep increasing as well. Just buy BTC.
@Be Ki Lets say bitcoin is 10k and this thing pumps out 4,000 satoshi’s a day 365 days a year (.0146 BTC) which is only like $150 a year. To pay off the $700 you put down it’d take at least 5 blianta
And it varies a bit for the other coins, but still not competitive against other miners.
5:30
le 4000 in aghaidh an lae,
you would have 1 bitcoin in 25.000 laethanta
(one bitcoin is 100 million Satoshis)
so 100.000.000 / 4.000 = 25.000 days = 68 blianta
just saying
Not really
I bought a coinmine one. They gave me $100 off psssshhhhhh. Still a month out……ugh also in some other vids it actually pulls 250+ watts
free power and free Coinmine, lol
premium PLUS 5%
this is an insult, bitcoin does not need those leeching investors