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In this video we explore the cost of setting up a miner to mine ethereum or other cryptocurrencies.
We also discuss the ROI or mining ethereum or other cryptocurrencies and how to calculate your return
Ethereum: Ethereum is a new type of crypto currency similar to bitcoin but it has more uses than
bitcoin which is why some users are dubbing it Bitcoin 2.0.
1. Ethereum can only be mined with GPUs
Chinese ASIC miners used for bitcoin mining will not work!
2. Ethereum has the ability to create smart contracts
Basically you can have multiple transactions in one block on the blockchain
3. Ethereum transactions are lighting quick compared to bitcoin
sending money / receiving money is much faster
4. Ethereum can be used to create smart applications that can live forever on the blockchain
No one can take your app down like (Google / Apple / Government)
There’s a lot more to ethereum but it seems to be a very promising technology for the future
Depending on how popular this video gets, I may post more videos related to the subject.
Donations donation are appreciated if this helped you out or you found it interesting!
Used in the video
Rosewill Computer case:
EVGA Supernova G3 1000Watt PSU:
MSI 990FXA Gaming motherboard:
AMD FX 9590 Processor:
AMD FX 8320E Processor:
(REPLACED THE FX-9590)
Thermaltake Water 3.0 Ultimate Heatsink:
Crusial Ballistix Sport RAM:
(REPLACED THE CORSAIR VENGEANCE RAM)
New Sapphire R9 Fury X video card:
ASUS STRIX RX480 x2:
PCIe 16x to 1x Risers:
AverMedia Capture card:
Samsung 27″ Monitor:
Keyboard and mouse:
Purchase Bitcoin / Ethereum / Litecoin with your debit / credit card!
Purchase 0 of any crypto and get an extra worth of bitcoin by using the code below
Ledger – Hardware cryptocurrency wallet
Keep multiple cryptocurrencies safe on a NANO leger hardware wallet!
Genesis Cloud Mining
Use my code at checkout to save 3%: 8gIbXD
Support this channel by purchasing items on Amazon.com!
Hot deals on Laptops and Desktops at Newegg
Google – Project Fi Phone Service
Pay only for the data you use and get the best coverage in the world!
Get off your first bill by using the link below
Noble Dub – Silent Partner
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