Apollo Futurebit BTC hash rate and profitability mining Bitcoin
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- čas přidán 4. 09. 2021
- Apollo Futurebit BTC hash rate and profitability mining Bitcoin: I have been running my Apollo Futurebit BTC on Slushpool for 4 days, gives an early indication of profitability .
** UPDATE ** October 2021: My UK Electricity distributor Symbio has gone bust and I no longer have 12.5p ww electricity, it is expected to jump to 22p kw and alas I can no loner mine profitably with this unit in the United Kingdom. I suspect the rise of power costs is being experienced across Europe.
Rough profitability numbers (early September 2021):
BTC at $50,000 = 0.2 USD
BTC at $45,000 = 0.11 USD
Mining stats & costs : stable 24 hours at 2.437 TH, Power 159 w, my electricity 0.17 USD.
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SET UP
You will need a power supply, if you know what you are doing you can use your PC spare cables from PSU (if it is strong enough, I think you will need a spare 300w).
If you have the standard version you will need a USB controller, I planned to use a raspberry pi 3b. The disk images for set up are here:
- github.com/jstefanop/Apollo-M...
The website support page is a bit limited
- www.futurebit.io/apollo-btc-s...
The bitcointalk official thread for set up is here
- bitcointalk.org/index.php?top...
#ApolloFuturebit #Futurebit #HomeCryptoMining #ApolloBTCprofitability
Tks for sharing!
** UPDATE ** October 2021: My UK Electricity distributor Symbio has gone bust and I no longer have 12.5p ww electricity, it is expected to jump to 22p kw and alas I can no loner mine profitably with this unit in the United Kingdom. I suspect the rise of power costs is being experienced across Europe.
I just ordered this to learn, don't think ill get my $ back but I don't think $600 is a lot to ask to learn how to mine.
That’s a good point. Also a purist would say you should not look at Bitcoin as $. Best of luck.
Wow this miner makes way less than i expected! My single 1060 gpu makes more than this at a fraction of the cost.
well ETH is still super profitable and because its coming to an end in 6-18 months not too many ASICS are coming into the market, which means GPUs still a very interesting option . I agree profitability is disappointing. You can pimp them up and get about 3.5TH output, but you need to figure out your cooling.
Buying a Nvidia 1660 on NiceHash … better returns
I’ll have to run mine off my workshops solar panels.
Then it makes sense, and the Apollo BTC is a very agreeable miner to have.
Would love to see a video like this on the Apollo LTC
Let’s see what we can do. I have one running on f2pool and just bought another unit which I will run on lite coin pool.org. They are noisier …. But if buy at the right price , can be profitable in roughly 12 months (cover hardware). On balanced, I was making 0.01 LTC on litecoinpool.org for a long time. But inside the house, has to be on eco mode due to noise.
@@TechNewOld do you know if the btc FutureBit miner can mine other coins and if so how can I do this? By simply changing over to another pool?
@@mannypatel9090 in theory it can mine any SHA-256 algorithm , but is there anything better than BTC? The solution would be to move to a pool offering more choice. Are you currently on Slushpool?
@@TechNewOld hey! Thanks for replying actually. I am on slushpool and I plonks see zec and btc options. However the zec pool? I can’t seem to get that to go correctly. Where can I find a pool address for zec?
@@mannypatel9090 on Slushpool (I used the same) I think you can only mine BTC (there is a dual mine option they are working on).
here there's everything i was looking for, woooow, thanks
I see that: it is kinda the perfect home miner : it’s silent . If you have free electricity even better . If you want to learn applications with BTC node you can.
Sounds like this is worth it anywhere. even the US
There you have it resounding approval, buy all you can. They say it's made in USA and you get the node. Don't buy anything else!
That NODE feature does support the chain, and if you are a purist & believe in decentralisation and BTC you will be playing your part keeping the system working.
I can buy a Futurebit BTC without a node, how do I create a node without one from the company if possible. They are sold out of Batch 4 nodes.
any idea if I could integrate with existing node (Umbrel) and bypass the extra cost for the full package that includes a node? Considering just doing solo mining as it's less profitable anyways.. a la bitcoin lottery
I’m not sure about integrating with an existing node: that is well beyond my knowledge grade. Sounds like an interesting project. The full package is really nice. Maybe they will release the OS for a Raspberry pi soon , and that will be a cheap way to control basic unit. Solo makes sense .
There are basicly mo cheap ASIC Miners. Im thinking about founding a company making cheap USB Asics(price aim would be 20-30$ a Unit) and smaller Miner available that provide Mining and Node(Podminer around 400-600$ range) capable equitment. Unfortantely Raspberrys are unobtanium atm and China doesnt help either for my first prototypes. On Europe Mainland i get totally overcharged for buying one of the smaller Asics! First we have to weather the upcoming Storm.
It would be great to make mining low cost . USB lottery miners good idea. No fans in the design. Or miners for a new currency. NTBC is a project worth looking at.
@@TechNewOld I heard so many people talking about buying usb miners just to get familiar with it. I looked up new asics chip in the range for 2-3 watts 5 volt. And they could achieve a better hashrate than these old school block eurpters(they also are totally overpriced with 100€ back in the day i bought one for 15€) and others. I heard the pools start to reject them in several reddit entrys.
Keep us posted
Anyone running FutureBit -- Full + Standard units - solo mining? Maybe ckpool?
I have 4 these, 1 is the main and the 3 plug into the back via usb and it is running near 12ths. But the rewards are not that great. What should I do?
Sorry for late reply. Great post/question: the concept is great, and the Apollo BTC are perfect for home or the workplace. Unfortunately they are just not (very) profitable. One way to look at it, is that you are not mining for $$$ but rather for Satoshi and one day they will be worth 10x : so basically a change in mindset. Your next option is to try and mine with 0 electricity : the main unit can be used as a computer and could be taken to a place of work (the mining part is super quiet). Finally you could look to sell the units as they are relatively expensive and buy one RTX 3070 or 3080 non LHR you will get better returns (as long as ETH algo is still mineable).
Nice video but it is a bit creepy to start it off with a super zoom in on you looking like you just woke up and whispering. Food for thought.
Is the volume out of sync with test of video? I’m an amateur. That’s how I look, scary I know. Will try and scrub up next time.
Ha, that’s my voice. Sure I need to improve production. Thanks heads up.
Sorry for the won-key camera angle
Are you still running it despite the current price?
I sold it. I would not be running it today, unless I had free electricity. You could have it at a workplace or set it up at a coffee shop with a screen, yes, you could run it ;-)
I still have my LTC asic miners (from Futurebit), but I occasionally switch on to mine $NTBC
Would your profits double if BTC went to 100k?
Sure, but would have to see what the difficulty+hash rate is at the time. Note my electricity is expensive.
@Anunnaki 1976 my electricity is going up again …. No win . However, will provide some heating this winter.
Soooooo.... you can get (2) gumballs per day....lol.... A $300 planetwatch sensor makes $225.80 a month... A type 3 sensedge, which is the same price as the Apollo, makes $451.58 a month
Very true about current Apollo BTC profitability . But the unit is more than just mining: full mode, desktop computer and silent mining. I’m not familiar with the units you mention, I will look them up.
Yes sensors are so profitable only problem delivery time is 1year and they'll be making 0 by then.
@@Kryptoinsights always the way : helium same direction.
cool - 5 years are close to be with profit on my electricity (0.05 $) LMAO
That’s great electricity price! U.K. is now 0.3£/kw and going to 0.37-40 in October
Can u mine LTC with it too?
No, this is BTC or equivalent. There is an ASIC LTC script version by Futurebit: an Apollo LTC and a Moonlander LTC
Would you buy one just now or would you advise against?
It was hardly profitable with a $50K BTC
@@DVS3Dee that’s what I was thinking , just seen that there was a new batch release and I’m looking to get a miner similar in price. Is the Apollo LTC pod a good device ?
@@mboydy8208 yeah I think Apollo LTC will be way more profitable!
@@DVS3Dee thanks for the info , I’m in the UK also so it’s hard to find an affordable miner that’s not going to use all the earnings for electricity
The BTC unit not profitable at all right now. However: if you are focused on learning about mining and the applications / development this is a very useful bit of kit. You get the node , so you are helping BTC to work, be decentralised.
Cute Miner. Profitability isn't attractive
Agreed … but momentum going the rightest for BTC
given recent hike in UK power prices (I have lost my energy company) the unit is no longer profitable ;-(
are you mad? like yo 74 only? waste of time mate
What’s mad? What’s waste time?