7 BIG Lessons from my first year of GPU Mining Crypto



In this video I tell you my 7 biggest lessons I have learned during my first year of GPU mining. The first one is that cleaning your mining GPUs often means you won’t have to do really deep cleans as often. The second lesson is to think early about how you are going to manage all the heat coming from your GPU mining rigs. The third lesson is that mining efficiency really matters a lot for GPUs, and can mean you will be really profitable during times when other people have to turn their mining rigs off due to poor profitability. The fourth lesson adds to this with that high hashrate GPUs are per default more efficient since you can pack more hashrate into a smaller amount of mining rigs. The fifth lesson is to really get a good understanding of the electrical system in your mining location so you know how much power you can pull from each outlet safely. The sixth lesson is to realise that the most profitable strategy in mining is to view it as a way to make lots of money long term, and not a way to get some passive income here and now. And the final lesson is that you can be a lot more successful with GPU mining if you go into it with a plan.

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📼 𝐕𝐈𝐃𝐄𝐎 𝐂𝐎𝐍𝐓𝐄𝐍𝐓
00:00 7 GPU mining tips for beginners
01:27 1. Advice for cleaning you mining GPUs
02:26 2. Heat management for GPU mining rigs at home
06:37 3. Why GPU mining efficiency can make your farm much more profitable
12:15 4. GPU hashrate matters because of density
14:58 5. Know you electricity system when mining crypto at home
15:38 6. Long term vs short term mining strategy to make more money
16:54 7. Why having a GPU mining strategy matters

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Altered Component: youtube.com/c/AlteredComponent
Bits Be Trippin’: youtube.com/c/BitsBeTrippin
brandon coin: youtube.com/c/brandoncoin
ChumpChangeXD: youtube.com/c/ChumpChangeXD
HashRaptor: youtube.com/c/HashRaptor
Mining Chamber: youtube.com/c/MiningChamber
Red Fox Crypto: youtube.com/c/RedFoxCrypto
Red Panda Mining: youtube.com/c/RedPandaMining
SavageMine: youtube.com/c/SavageMine
SerpentXSF: youtube.com/c/SerpentXSF
Son of a Tech: youtube.com/c/SonofaTech
TekShinji: youtube.com/c/TekShinji
The Hobbyist Miner: youtube.com/c/TheHobbyistMiner
(They’re in alphabetical order.)

None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is from my point of view and for entertainment purposes. You do things at your own risk. You are responsible for your own actions. Do your own research.

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27 thoughts on “7 BIG Lessons from my first year of GPU Mining Crypto

  • April 4, 2022 at 3:11 pm
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    Just wanted to again say a MASSIVE THANKS to everyone who has been watching the videos this past year! You guys rock!

    Reply
  • April 4, 2022 at 3:11 pm
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    is micron memory bad for mining. ( Heat issues / Sommer time ) Real life issues :-))

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  • April 4, 2022 at 3:11 pm
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    I took your advice and ordered an Octominer x12 when they allowed the purchase of one ! I have ALS and do everything with my eyes 👀 So I am wondering what GPU would you put into the Octominer?.

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  • April 4, 2022 at 3:11 pm
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    still cant buy just 1

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  • April 4, 2022 at 3:11 pm
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    Awesome happy anniversary

    Reply
  • April 4, 2022 at 3:11 pm
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    Happy Anniversary! Good luck! Take Care! Stay Safe! Have a nice day!

    Reply
  • April 4, 2022 at 3:11 pm
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    oh dammit octaminer had a promo for Mar 30th – 31st I missed it 🙁 I need a couple but not 5 yet. any way they can extend that?

    Reply
  • April 4, 2022 at 3:11 pm
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    Very good content, as always. How many GPUs you've got already ?

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  • April 4, 2022 at 3:11 pm
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    But Seb, octominers aint cheaper than building the frame rig ourselfs or even buying the ones premade… those octo are quite expensive….. also seb can you really do an spreadsheet for ethereum classic like the one you did for ergo about the gpus hashs, watts, prices, and how many to get 1ghs, etc please?

    Reply
  • April 4, 2022 at 3:11 pm
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    Sucess for your projects

    Reply
  • April 4, 2022 at 3:11 pm
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    why get the connector PSUs why not get the ones already wires are plugged inside PSU ?

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  • April 4, 2022 at 3:11 pm
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    Will buyimg a 45 1660s now make sense?

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  • April 4, 2022 at 3:11 pm
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    Hi!
    I have one rig with 7 cards (2060 12G Zotac) and use Trex miner ethermine on Hiveos . I see this errors "CUDA ERROR LAUNCH " again and again and reboot Trex and after reset sometimes good work for a few hours and see again this errors ! I tested , Lolminer, Gminer and Trex starts from the beginning and reboot. Please can anyone help about this error. Thanks you.

    Reply
  • April 4, 2022 at 3:11 pm
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    Literally everyone has stated that the octominer cases consume more power than an open air rig because of the high speed server fans… There is no way that it couldn't use more power. I will agree that an octominer, stackable gpu rig is just plain better than an open air rig, but it is waaaayyyyy more expensive with the 12 slot case costing over $1500. Risers aren't that expensive.

    Reply
  • April 4, 2022 at 3:11 pm
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    Congratulations on your anniversary man!
    I also started on the same journey around 1 year and 2 months ago and trying to expand as well, but I have been getting ready for the summer i have 2 ""Infinity CLOUDLINE T8, Quiet 8” Inline Duct Fan" already installed and on stand by and my hashrate is about 1.1GB at the moment and just ordered an 8 GPUs octominer today 🙂 and can wait for it to arrived!
    I am also looking into solar panels because my electricity just went up too much like 50% 🙁 but i guess at the end i will win because that's what is making me look into solar panels. keep up the good work with the videos mate!

    Reply
  • April 4, 2022 at 3:11 pm
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    When you were discussing a second rig to get to the same hashrate. I thought you were going to discuss the cost to build that second rig. That is a lot of a density issue that I am looking at and how to manage the infrastructure cost

    Reply
  • April 4, 2022 at 3:11 pm
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    My rigs are on a cleaning schedule once per month. Scheduled down time leads to less unexpected issues, as a "cleaning" is also time for a visual inspection of all connections etc.

    Reply
  • April 4, 2022 at 3:11 pm
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    Call me crazy but I'd prefer to have more 3060 ti or 3070 instead of 3080 and higher cause of the GDDR6X memory temp issues

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  • April 4, 2022 at 3:11 pm
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    I think miners are total idiots ! Agree ?

    Reply
  • April 4, 2022 at 3:11 pm
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    I can get a 3090 for £1600

    Reply
  • April 4, 2022 at 3:11 pm
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    Seb, should I buy a 3090 or 3080ti ???

    Reply
  • April 4, 2022 at 3:11 pm
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    weee 100 birthday lol

    Reply
  • April 4, 2022 at 3:11 pm
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    Hey congrats man, you are a huge asset to the mining community

    Reply

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