The First $99 Bitcoin Mini Miner!? How To Mine BTC on a Budget!
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- čas přidán 12. 06. 2024
- Discover how to mine BITCOIN profitably with just $99! Despite the common perception that Bitcoin mining requires substantial investment, it’s still feasible to mine with a modest budget. In this guide, I’ll demonstrate how you can achieve this using the Canaan Avalon Nano 3 Home Bitcoin Miner, a compact BTC Mini Miner.
𝐖𝐡𝐞𝐫𝐞 𝐭𝐨 𝐁𝐮𝐲 𝐭𝐡𝐞 𝐂𝐚𝐧𝐚𝐚𝐧 𝐀𝐯𝐚𝐥𝐨𝐧 𝐍𝐚𝐧𝐨 𝟑:
🛒Directly from Canaan ➡ geni.us/CanaanNano3
🛒MineShop ➡ geni.us/CanaanAvalonNano3
💰Use Checkout Code "TheHobbyistMiner"
🛒ASIC Market Place ➡geni.us/AMPNANO3
💰Use Checkout Code "TheHobbyistMiner"
🛒CryptoMinerBros ➡ geni.us/CMBNano3
💰Use Checkout Code "HobbyistMiner"
𝐏𝐚𝐫𝐭𝐬 𝐔𝐬𝐞𝐝 𝐢𝐧 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐕𝐢𝐝𝐞𝐨:
🛒140W Power Adapter for the Nano 3 ➡ geni.us/g0f3j
🛒Decibal Sound Meter ➡ geni.us/SoundLevelMeter
Are you interested in cryptocurrency mining? Let’s explore the world of Bitcoin Mining together! The Best BTC miner options vary, but one notable choice is the Canaan Avalon Nano 3. This compact BTC Mini Miner is designed for home use, making it an excellent choice for those who want to venture into mining BTC at home. As you set up your home Bitcoin miner, consider factors like passive income, electricity costs, and the best Bitcoin miner for your needs. While some may wonder if Bitcoin mining is worth it, remember that it can be a rewarding way to earn passive income. So, whether you’re using a silent Bitcoin miner or exploring other ASIC mining options, enjoy your journey into the crypto world!
Remember that mining Bitcoin at home can be both exciting and profitable, especially with the right equipment and knowledge. If you have any more questions or need further guidance, feel free to ask below!
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𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝟏 𝐨𝐧 𝟏 𝐇𝐞𝐥𝐩 𝐟𝐫𝐨𝐦 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫?
📆Schedule Time with The Hobbyist Miner ➡ thehobbyistminer.io/
⛏ New to Crypto Mining, Need Hand Holding?
⛏ Not Sure What to Buy for your First Mining Rig?
⛏ Need Help Configuring your FIrst GPU Mining RIg?
⛏ Looking for Help Setting Up an ASIC Miner?
⛏ Need Help Launching your New CZcams Channel?
𝐌𝐲 𝐓𝐨𝐩 𝐆𝐏𝐔 𝐏𝐢𝐜𝐤𝐬 𝐟𝐨𝐫 𝐌𝐢𝐧𝐢𝐧𝐠 𝐢𝐧 𝟐𝟎𝟐𝟒:
PowerColor Hellhound RX6600 ➡ geni.us/HellHoundRX660
🛒XFX Speedster RX6600XT ➡ geni.us/6600XT
🛒MSI Geforce RTX 3060 ➡ geni.us/MSIRTX3060
🛒Gigabyte Eagle Geforce RTX 3070 ➡ geni.us/GigabyteRTX3070Eagle
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📺Video Content and Chapters📺
00:00 The First $99 Bitcoin Mini Miner!? How To Mine BTC on a Budget!
00:10 How To Mine BTC on a Budget!
00:40 Unboxing the Canaan Avalon Nano 3 Bitcoin miner
02:40 What is Solo Bitcoin Mining?
03:15 How to Power the Canaan Avalon Nano 3?
04:10 How to Setup and use the Canaan Avalon Nano 3 Bitcoin Miner?
08:30 Let's Take Apart this $99 Bitcoin Mini Miner!
11:25 How Loud is the Canaan Avalon Nano 3? Silent? Quiet?
11:50 How Many Watts does this BTC Mini Miner Use at the Wall?
12:20 I have a Concern, This is Burning Up at over 160F!
13:50 Final Thoughts on the Canaan Avalon Nano 3. Should you Buy One?
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𝐅𝐨𝐥𝐥𝐨𝐰 𝐓𝐡𝐞 𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭 𝐌𝐢𝐧𝐞𝐫 𝐨𝐧 𝐒𝐨𝐜𝐢𝐚𝐥:
✅Twitter - / hobbyistminer
𝐉𝐨𝐢𝐧 𝐓𝐡𝐞𝐇𝐨𝐛𝐛𝐲𝐢𝐬𝐭𝐌𝐢𝐧𝐞𝐫 𝐃𝐢𝐬𝐜𝐨𝐫𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐓𝐚𝐥𝐤 𝐀𝐋𝐋 𝐀𝐛𝐨𝐮𝐭 𝐌𝐢𝐧𝐢𝐧𝐠!
✅Discord - / discord
✉ 𝐄𝐦𝐚𝐢𝐥 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 - TheHobbyistMiner@Gmail.com
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𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫- I am not an "Expert", I am learning along the way, just like you! Please do your own research, come to your own conclusions & make your own mistakes! I am NOT a Financial Advisor, please always take guidance from Professionals. Everything on this channel is for Fun as a Hobby and Entertainment for you, the viewer.
#bitcoin #mining #crypto #btc #makemoney #investing #earnmoney #btcmining #homemining #cryptomining #passiveincome - Věda a technologie
REALLY WISH CZcamsrs would quit saying this is $99.
It’s not, it’s $180 with plug and taxes and shipping
Shipping is the real issue. I have order 340. Original ship date Jan. They probably mean Jan 2026
Lmao mine was $240
I am in Nigeria 🇳🇬 now can I buy it
$77 was shipping and international shipping to US is usually $50 at base cost. Its Hazmat so you are going to pay more.
Yup
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PSU not powerful enough.... many people have the same problem when buying online and not from Canaan.
Yes! Amazing video and machine for beginners & seasoned miners. Great descriptions and walkthrough. I love your down to Earth ‘Honesty on this. Super cool.
I am sure that AMS99T$ will go 100x just like you said
THM nice 👍 review thanks for opening it up, BTW that red/black/yellow and green cable is for the fans, the power to that board comes from the data power ribbon cable, also i think you need like a 200w PSU to support 140w without getting too hot.
Assuming they responded back to you that it was limited to medium due to the input power from the wall wart you bought not being able to supply 140W continuous power. The wall warts often advertise peak power instead of continuous power.
You might let your listeners know if you come up with a better power supply option for the nano that doesn’t get so hot
What is the best way for making good progress on binary options .
I ordered one back in early April hoping I get mine in two weeks!!
Is this a good way of heating your house? like if you buy 10-20 of this and just heat up your house.
Great video. Pretty cool cbeap quiet solo miner.
I got 2 on the way ordered last month, I dont expect to get them this side of July. I think maybe a 200W charger might be better, 80% rule and all that
Where do you insert the wallet for payment? Can't find it in settings , thanks
I did order a Lilygo T-Display-S3 AMOLED for my lotto USB miner lol. It's pretty.
I got 2, running since last June no down time unless the power goes out
The power supply is a bit underrated, that’s why it was getting hot. I suggest you get a bigger power supply so you don’t lose power because of heat generation.
What is that rated voltage this miner runs at? If it runs at 20v, then the max would be 100w at 5a. To get 140w at 20v, the ac adaptor would need to support 7a or greater, which this ac unit does not. 140w is only possible at 28v at 5a.
the voltage for this device is 28v
The power supply you have isn't quite enough to get it to high power mode, RPM had the same issue. I'm still waiting on mine, order #509. I ordered the power supply with it so I hope I wont have the same problem that you are with your power supply.
Right on, glad you took it apart, that would have been my first move as well and now I wont need to.
I ordered one. They say it will arrive in July. That's why I also purchased a few Goldshell miners to get started.
I ordered 2. One with a power supply and one without. One is in the 800's the other is in the 900's. I am part of the group that ordered the Midnight Blue version.
I am having trouble linking up my new Canaan to a mining pool and to a wallet. I have coinbase, but don't know if I need another wallet to send my mined coin to???
Do you put your Btc address as the (Worker) ? I can't seem to find a clear answer
I've have one for a couple of months (plus another just shipped) and got the official 140W PSU bundle. It works on high mode just fine, getting just over 4TH/s, and the PSU gets warm but not frighteningly hot. They are great if you need a quiet desktop heater that will run for free and may even earn a little extra $$ over time.
I am looking to start home mining to boost my income apart from my monthly salary. Could you please help me with which mining machine I should buy for a startup?
I ordered mine at the beginning of april. I'm in the early 500s. But I ordered the blue with the power supply. So I believe it's going to take a little bit longer for it to arrive to me. But they're supposed to have an update at the end of this week about the shipping schedule.
Hey hobbyist. This is Dj. My order is 286 and I'm still waiting on it. Also I have an old coinone miner which I want to repurpose like installing hive os onto it and mining some profitable coin. I'll need your help on that I'll appreciate it
Can it run a solo mining? or pool mining only?
I ordered 4 with PSU they run quietly and efficiently. 16Th/s total. I ordered 3 more to get 28 Th/s. The Canaan PSU gets hot but it is a lot farther away from the plug than the one in your video. I think it is a must to purchase their PSU to get 4 -4.19 Th/s. I'm using them for BCH. They at least mine payout with 2.
I ordered mine did not come with a cord never able to get it set up and it still doesn’t work. Been a big pain in the butt plus it ended up costing almost $200. They tacked on a bunch of fees.
So is a solo miner the same as pool mining?? I am confused.
Brains is not just software......they are also well known for their mining pool...also that 90 number you saw is a temp gauge. Also if I'd hafto guess at why you can't get to high mode is because the power supply is lying to you about the actual output it can give. It seems way maxed out as it is. Also your cable, it might not be rated for 140w.
Sounds like it will make a good portable heater.
I ordered a few of them. I'm order 3030.
how long take's it to get a bitcoin.
Hey Hobby, have you tried to send the 256k hash to an Un-minable wallet and see if you can really get 4000 Gh/s and maybe mine a coin like Nexa? Looks like you could get about 17 cents a day from unminable and maybe stack 50k nexa about every 2 days. Thoughts about maybe trying it? Not sure if they have it controllable or forced to their BraiinsOS pool?
its possible to change pool! i have seen it on other videos about setup on this thing, i have 2 ordered but looking at late may for delivery hopefully! so what you want to do should be possible?
I bought 3 of these. Been doing research and stock powersupplys run really hot too, maybe too much strain on it. I'm going to try and get a bigger power supply to take off strain and see if temps are better
I think that is going to be a good avenue to go too
I ordered two units more than a month and still waiting, production is slow.
June production was sold out, now they will not ship again until July.
Ordered 3 in april but not apparently getting them till July….
There are back oreded.. i ordered mine 3ontha ago still never got it
Mine arrived and it has their official power brick and i am able to achieve 4TH.
hi friend, Very good video, I really wanted to see inside, but I wanted to see under the heatsinks. I bought 3 pieces on April 16th, I'm number 3789. It will take a while to receive them. Shipping expected at the end of June. I saw a video saying that if the power supply can't supply 140w you won't be able to use it at its maximum. Try with a 140w Apple charger for macbook
interesting for just 99€ its affordable for everyone but what about the profitability?
how much money i can ern by month
Yes i'll buy If i can i lock how start mining
I need it how can I buy
Wonder if the PSU isn't putting enough to kick it into high?
I was thinking same thing.
Its because of your power supply i think with the stockpower supply you can get it to high
So how much can you realistically mine with this thing? How much $$$ could it possibly make for $99 ???
i ordered mine on the indiegogo from them, did it back in april supposed to be shipped in june.
Good luck with that
I ordered two but now I’m wondering if its worth it as a solo miner framework
Then dont solo mine...mine actual kyc free virgin bitcoins....doesnt get much better than that
Thank you so much for taking the time to create an honest and helpful review! We will be in touch regarding your questions!
How is this a scam? A scam implies you get nothing for your money. Put it this way…. People spend $2 for a single line single draw lotto ticket. For $150 you get 144 chances EVERY DAY to hit a block. If you buy lotto tickets this thing pays for itself in one day. I like these odds. I have 2 of these coming in June. One will mine BTC and the other BCH.
@@PyroShenanigans Let us know what block you mine in around the year 2048. If you get one sooner well done, good luck, God Speed
Will do. Clearly you still don’t get it.
@@PyroShenanigans I get it, you are gonna mine two alt coins, one called BCH another that implements segwit thanks to Jefferey Epstein with your junk miner. Satoshi said Bitcoin ends in data centers, not so called home lottery miners. Bitcoin, the real Bitcoin (BSV) scales via specialized nodes like Teranode which just processed (lets see) 938,662 tps while BTC does 7-10 tps. You clearly dont get it, neither does Canaan. Good luck mining Epstein coin
How much does it actually made per day ????
I have two of this miners and the high mode only works with the original power supply.
Really
Not only the original, just a power supply that actually truthfully supplies 140 watts. Too many actually lie.
I can’t find info about profitability…how much Satoshi have you mined? Thx
It's a Solo Bitcoin Miner..... In the video I discuss you don't earn anything unless you actually hit a Bitcoin Block. Which is like playing the lottery. Please rewatch the video, I think you missed that entire part.
bit of a lottery ticket plus these things have massive back log everything i buy i end up waiting for 8 months. still not got a hivemapper still no delivery date
great video you should get a thermal gun
Is it only a solo miner? Can it be used in a regular pool?
Yes is set up for pool mining with Braiins, but you can change it for solo mining
As far as i understand it is possible but the profits are in the pennies range, so it may be better to just solo miner for a better chance to hit a jackpot. Unfortunately Btc difficulty is too high, so btc cash might be a better choice in mining as difficulty is much lower which your odds are much better in hitting a block.
Can you run it on nicehash or unminable?
yes
Hi there. In your most honest opinion. Does it worth the money??
Absolutely 100%
looks nice but how long do you need it to run until it pays itself off, and start's making a profit. I do like the low power, and price. My place I can't run anything high power like most btc miners do. That's why I gave up mining. Sad...
Never , you will never get your money back
@@michalkmita7157 Not true, do you guys know how to use a mining calculator? You don't need to only solo mine with this thing. You can actually mine bitcoin with it. It's the initial intention of this thing.
My single Ryzen 5950x on nicehash almost out performs this, on 30/32 threads...
At how many watts?
so... how much MONEY DOES IT MAKE ???
What’s the profit per day ……
You need the 140 watt power supply to get full hash
Does it just mine BTC or can you set it to mine other SHA256 blockchains?
RPM is mining BCH with it
Any SHA256 coin
Unfortunately the website made me buy their power supply instead of using my own like a Dell 140w
Your better off with their power supply anyways
hi can you buy these in the uk
I don't see why not
Does it mine bitcoin for real…?
I'm still waiting for mine to come
I like the concept.
Won't buy one until the high mining setting is fixed.
Another commenter said it's the fact that the power supply he used has 140W PEAK power (which is what most power bricks advertise), not CONTINUOUS power (the spec it actually needs to run this miner in High mode).
Nothing wrong with the setting, it’s his power supply.
110% it's his power supply.
If I ever have $200 in cash that I want to set on fire I will definitely get one of these!!! LMAO!!!!!
Apparently I got cash to burn. I spend about $500 on food, drugs, and housing every day.. damn good drugs are good though you know like that sugar and vitamin B
These are not $100. After shipping, taxes, and some "tip" that I put zero dollars for but was forced to pay a "tip" the total was $230
You aren’t forced to pay that tip, you can change it to any amount including zero 😂 I’ve ordered 3 units, never was forced to tip.
They are indeed 99 bucks if you have your own power supply. shipping does cost money you know. And you dont need to pay a tip to indiegogo. Heck you can even order them direct from Canaan's site now.
Will it generate any money?
Of course
Time to roi? Yearly profit?
Never
@@MissionMichelle911 Not true, have you ever used a mining calculator before?
I used a cheaper option on my PSU for the nano. Found one for about 35 bucks on amazon
link?
@@gzman1 Can't post links here. YT deletes the comment immediately
@@MrSquid25 name of the power supply?
@@RainBitcoins AMEGAT 140W USB C Charger, PD3.1 PPS 3-Port Fast GaN III Laptop Wall Charger, Foldable Plug Power Adapter for MacBook Pro 16'', Dell XPS, iPad Pro, iPhone 15 Pro, Galaxy, Chromebook(with 240W Cable)
That plug can’t do true 140w that’s why you’re not getting to 4.2 Terahash
What plug you recommend? Cuz i am looking to get 3-4
What are you talking about? USB-C can handle 140 watts all day long.
@@Cardmonger I ordered 10, don't listen to her. Just order them with the supplied power supplies and you'll be good to go.
@@RainBitcoins hey don’t blame me, it’s Rabid Mining who had the issue and found out that was the problem. 165W like a Dell is best, handles the heat better than a chine knock off . DYOR.
I’m order # 1227. Waiting……..
I'm trying to find this for.99 dollars and the cheapest I have seen is 334 dollars😊
You didnt buy the 'full setup' WITH PLUG & brick, you bought the cheap version without its power brick. With its power brick youll get high hashrates. So it's not really $99 😅 they got your ass now you have to pay for the powerbrick and shipping
isnt pool mining better with this than solo mining?
What’s your goal? Pool mining will only generate a small amount of Sats per day, which most pools you won’t even be able to withdraw from because of the threshold. Solo mining is buying lottery tickets for the electricity cost.
@@MyLibertyTV i think nicehash will be +- 0.30$/day, solomining nothing except if you find a block
@@MyLibertyTV i think the profit on nicehash would be the same as the chance of winning that 'lottery?' or am i wrong?, i think it would be to expensive on elec. / win chance.
you can mine at a regular pool, many pools out there that have low threshold payouts. Brains being one of them, which the miner is already setup for out of the box.
@@RainBitcoins oh thanks! is braiins a good one? or nicehash better? or you prefer solo mining?
Ur code doesnt work
ROI?
It's a Solo Bitcoin Miner..... In the video I discuss you don't earn anything unless you actually hit a Bitcoin Block. Which is like playing the lottery. Please rewatch the video, I think you missed that entire part.
@@TheHobbyistMiner I did miss it, I was was skimming through to hear that part, it wasn't timestamped, thanks for the update 🙂
Pump, pump, pump
Number 520 ;)
#776 hoping they can at least ship out this month. If not ill probably cancell
Why? are you that impatient? If so I'll buy it from you, people are reselling them for 500 bucks on ebay. Which order # are you?
Neat little device but over $300 to Canada shipped, not worth it imo.
I've reached out to them. I've told them their shipping rate with dhl is incorrect. They told me they are going to update their site with a fedex option, will be much cheaper then. Check again in a couple of days.
I watched your and Red Panda's videos. You guys are using plugs that don't have the firmware for Nanos. Yes you will most likely burn your house down! lmao... I got 2 I am old Ill take the chance I wont be around when it hits a block!! lmao...
4416!
It’s not $99. It’s more like $200.
Right, $99 base price without power supply. With power supply, taxes, and shipping the cost was about $163.
Bought 10 🎉🎉😅
oof
Sweet, me too. They reselling these bad boys for 500 bucks on ebay brother....High five to you
@@RainBitcoins these units are non profitable. If they were profitable to run then Canaan would run them not sell them. They will barely keep your feet warm nothing more. Solo mining expect one BCH block every 22 years on average current difficulty. High five to you
@@cregtoshi dude do you understand how absolutely ridiculous you sound? Do you even know who Canaan is? Do you know what they do for a living. They also sell Asics worth thousands of dollars that mine at hash rates of well over a hundred Terahash.. Those are extremely profitable, so by your logic they shouldn't be selling those right? Because their profitable so they should be mining with all of them right? Do you see how ridiculous you sound now? Do you know what solo mining is? Do you know someone hit a block solomining last year with an S9, that's only 10 Terahash of power there buds. I'd be embarrassed to call myself cregtoshi when you clearly have alot to learn about mining. To say they would mine with them if they were profitable is just insane. It's a company, in the business of building Asics, that's what they do. In fact Canaan was the very first company to build a bitcoin Asic over ten years ago. Do some research before you say things you have absolutely no clue about.
@@cregtoshi You realize how ridiculous you sound? Canaan has been building miners for over 10 yrs. So by your logic the 2000 dollar miners they build that generate over 20 dollars a day they should be keeping those to mine for themselves and not selling them? Your comment is so uneducated. Also there are other sha256 coins that can be profitably mined with these devices.
到了中国卖220usdt
you need to change the tittle too $340 dollar bitcoin miner
cant help what the shipping companies charge
loses money every day unless you have $0.06 per kwh or less.
no it doesnt
Still waiting for mine to show up in June
$99? You sure? Everyone i see is over $400.
😅😅😅😅
I HOPE I WIN THR GIVEAWAY ❤ OF K20 GREEN
#383
1 month later 340😂
That's a toy, this is not serious. Electronic waste