Be Profitable Not Stupid

What's up Sons it's blind ride with son Of the tech once again and today we're Going to be talking about gaining mining Profits from basically taking advantage Of other people's stupidity let's go Ahead and get into it [Music] Welcome back everyone so last week at The end of the week I posted a video Talking about mining cartels and the Move from Asics to GPU mining for the Coin deck grid now in this particular Case what ended up happening is that the Coin was very difficult to mine and this Was due to the fact that there is not a Ton of information out there on how to Mine it I posted a couple different Articles including how to build a node And CPU mine as well as how to GPU mine To that node over on my locals at son of A tech.locals.com but to be fair this Process is actually quite complicated And that can be an advantage for those Who are willing to learn and that is the Point of today's video now here's the Thing because I posted that guide in This particular coin the emissions Weren't quite enough for all of us even On locals to be profitable and that's Because the block reward for deck Accurate in particular is only one Percent for the mining proof of work Side of things but for the day that I Was able to mine and we kind of mine for

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A couple days but at first I was getting Like thirty dollars every six hours or So it was incredibly profitable for just A little bit and here you can see that I've mined about 4.7 decorate and now I Have quit mining it once again the thing Is though that I wanted to point out Here is that mining is difficult right Now and if you want to get an advantage With any coin you are going to need to Get in when it is more complicated this Is primarily due to the fact that a Majority of miners are still relying on Things like Hive OS to manage everything And by the time everything hits Hive OS Everyone else is already aware of the Coin they are also able to click over Flight sheets and start mining it a lot Easier and thereby driving up the Difficulty in the competition on that Network which of course drives down your Profitability so I have provided of Course both on this channel and on my Locals a guide to Linux and I highly Recommend checking that out so that you Can be a little bit more Adept and be Able to adopt these cryptocurrencies a Lot quicker as you can see here which I'll show you this is the posts or the Posts a couple of posts that we put up Over on locals and yes it is behind a Supporter wall and this is primarily due To the fact that as long as I keep this Behind a supporter wall it makes it

Basically a little bit more profitable For everybody that's involved that away We don't overload the networks and that Is why we do it this way and I wanted to Bring this to everybody's attention Because one of the biggest wins that we Had here in the past year was Casper and It wasn't just because I made a good Call on Caspa at the time but it was Also because mining Caspa required that You build your own node it also required For quite some time to utilize a custom Miner there was no other mining support Or minor support so you had to utilize The Miner that was provided by the Casper development team and this meant That you needed to be Adept and ready to Utilize Linux and understand all of the Commands as well as how to navigate and How to configure all this it also Requires some networking knowledge as Well this is a barrier to entry that Allows you to be more profitable than The other GPU miners around and this is Going to be something that I think you Should definitely pay attention to as we Get closer to the having for Bitcoin There is a ton of opportunities out There it's just one of those things Where you have to put in more work than Everybody else and if you want to be Successful in mining especially with Gpus right now now you are just going to Have to accept the fact that you need to

Learn basically these skills within Linux and become you know a Linux Systems administrator at this point if You expect to be competitive whatsoever There are a ton of good Linux guides out There some on udemy if you want to go Through some of those courses they're Fantastic I'm not sponsored by them at All but I utilize you to me a lot there Are a ton of good guides on YouTube as Well I have a three-part series already Out with more parts coming in the future For it as well but I wanted to make sure That you guys understood this because a Lot of people say well you know GPU Mining is dead I can't be profitable on Gpus Etc but I've been able to maintain Profitability and keep my farm up and Running because of the experience within The industry of I.T that I have and this Is I think going to be that barrier to Entry that also means that you can be a Lot more successful than the guy next to You if you can learn more than just Installing Hive OS image on your mining Rigs and Mining whatever is available There a couple of other things that were Also beneficial early on was basically Being able to mine on Intel gpus before A lot of people and those Intel gpus Were a lot cheaper these are just some Examples also there's other things like Once you start to learn this you can Insert yourself into other parts of the

Industry such as working on mining pools Or working on basically building Stratums or even getting to the point of Building miners yourself and adding in Developer fees there so that you can Maybe generate some Revenue that way This is a very important topic that I Think needs to be addressed for a lot of You guys out there because a lot of People just have their rigs turned off And they're not doing any work for them Right now and not generating any Revenue I also have another option that we're Going to be talking about here later in The week I'll start out with posts over On son of a tech.locals.com and then Bring them over here a couple weeks Later on my YouTube channel so that you Guys are aware of what I've been doing To remain profitable and the hint here Of course is going to be Taste the Rainbow and I hope you guys can get that Hint if not go ahead and check out my Locals at son of a tech.locals again Once again that'll be the best place to Check it out and get all of the Information let me know what you guys Have been working on to maintain Profitability with gpus have you dived Deeper into the world of Linux have you Started to understand how to navigate Command line are you profitable at all If you are profitable what are some of The strategies you're utilizing to gain

An advantage over the rest of the mining Field these are all very important Things and we can work together to move Forward and remain profitable I also Want to talk about AI in the near future Too have you guys moved over to like Avast.ai and that sort of thing if you Have let me know your experience down in The comment section below we have a lot Of exciting things coming up including Of course the iron fish move to an Asic Resistant algorithm and that should be Pretty interesting to see how the Adoption works there and we have a lot More coming down the line too so I think Everything right now is light at the end Of the tunnel is starting to appear Especially if you have made some shifts Into Asics Etc and the price is up these Days so let me know how your bags are Doing and what you are looking forward To in the near future thanks for Watching please hit the like comment Subscribe and notification bells down Below ending it here I did change the Background because some people were Saying it was distracting hopefully a Static background helps a few people out And you guys enjoy and it works best for Everyone don't forget to check out my Locals page if I didn't plug it enough At son of a tech.locals.com you can Become a member over there for free for Supporter only articles and videos and

Live streams you will need to become a Supporter it's five dollars a month you Can get two months free with a purchase Of a year up front you can also get a Month free of the locals supporter Status with a purchase of my crypto Mining e-course at son of the tech.com Where I cover all of the things you need To know to properly invest in mining Hardware and get your farm up and Running I will see you next Tuesday

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