In the latest video on my YouTube channel, I explore how my Elphapex DG1+ Dogecoin Miner is outperforming all my Bitcoin ASIC miners at the farm in terms of Bitcoin earnings. This revolutionary crypto miner is truly impressive! It’s generating over $30 daily in Bitcoin, which is significantly higher than what I’d earn mining Dogecoin and Litecoin through Scrypt Mining. Watch the video to see how setting up the Elphapex DG1+ Dogecoin Miner on Nicehash leads to substantially higher Bitcoin profits.
Why is Nicehash so much more Profitable than Other Traditional Mining Pools?
NiceHash operates as a marketplace for hash power, connecting those who want to sell their computing power (miners) with those looking to buy it. Here’s how it functions: Miners connect their hardware, which can range from personal computers to specialized ASICs, to NiceHash’s platform. They then contribute their computing power to fulfill the orders placed by buyers. Buyers, on the other hand, select the cryptocurrency they wish to mine, choose a mining pool, and set a price they’re willing to pay for the hash power. They place an order on NiceHash, which is then fulfilled by the miners’ contributed power. The miners are compensated in Bitcoin for every valid share of work they submit, with the price determined by the current weighted average and updated every minute. This system allows buyers to mine cryptocurrencies without managing complex mining operations or investing in expensive hardware, while sellers can monetize their idle computing power.
📺Video Chapters and Content:
00:00 Wait! I’m Earning More Bitcoin with This Dogecoin Miner!
00:30 My Backyard Home Crypto Mining Shed Quick Tour!
03:00 Few Days Review of the ElphaPex DG1+ Dogecoin Miner
04:15 Bitcoin Mining Profits have been Insane Low!
05:00 Is the Elphapex DG1+ Worth Buying?
06:00 Wait, This Dogecoin Miner Earns $30 a Day in BTC!
07:20 How to Setup your Altcoin Miner to Mine on Nicehash
09:35 We make More in Bitcoin than Dogecoin!
11:00 Nicehash is Making me More per Day!
