If you are mining and holding all your mined coins in hopes of massive coin price increases in the future, then this video is for you.

In this video I show the full GPU mining setup for the new most profitable triple mining combination. This triple mining combination ...

So apparently phone mining is totally  legit and actually profitable?  I know, I'm as surprised as you are! But I just ordered this $49 phone,   got it set up, and yeah, it is actually  up and mining to my wallet and making a,   relatively, decent profit every day So in this video I wanna talk about what's   going on with this whole thing, how profitable  it actually is, how phone mining compares to   other types of mining in terms of profitability And then finally what phones this works on as   well as what phones are recommended  to maximize your profitability  So let's get right into that,  after a quick word from our sponsor the meter box in Octo Miner are teaming up for  another exciting giveaway when the latest proof of   useful work octo server E10 and X8 Ultra Plus and  more introducing the limited edition octo Miner   box set by meter box it includes the 125 volt  and 250 volt meter boxes a special nft stickers   and a keychain hurry only 250 box sets available  visit the mirrorbox.com now to secure yours today   purchase the Octo Miner box set and unlock  a secret code for 1000 entries plus earn an   extra 1000 entries and receive that collectible  nft don't miss out the contest ends July 30th So first of all big shoutout to Retro Mike  and New England Crypto here on Youtube,   I learned all of this stuff from them so please go  subscribe to their channels for more phone mining   content, links will be in the video description Now, there are actually multiple different coins   that can be mined on your phone, but for  this video I'm going to focus on VerusCoin  And if we come to the official VerusCoin  website, we can see here that VerusCoin is   actually intended to be mined on mobile devices,  and there is even official documentation about   it directly from VerusCoin themselves And as we can see from this little chart   they've put up here, the coin is both ASIC and  FPGA resistant, and while it theoretically could   be mined on GPUs, it's much more optimized for  CPU, ARM, and most notably, mobile phone mining  And in a nutshell how it works is you just  get yourself a VerusCoin wallet address,   download an app onto your phone, open that app  and fill in your wallet address as well as the   server address for the mining pool you want to  use, and then just hit start mining, and the   app starts using your phones CPU to process  shares and send solutions to the mining pool  Basically, it works just like when you  download and run a miner on your PC,   just instead it's on your phone So now that we know what's going on,   let's talk about profitability & power  consumption, and how those compare against mining   VerusCoin on other hardware like CPUs, as well as  how phone mining compares to GPU mining currently So I'll get right into how much  mining performance, aka hashrate,   you can get out of a phone like this, as well  as power consumption, profitability and all that  But first I just want to quickly talk about  something potentially very exciting that is   about to happen for VerusCoin mining So what's going on is that VerusCoin   is in the process of implementing something  called merge mining, which basically means   you will be able to mine multiple coins  at the same time, all at full hashrate,   without increasing your power consumption Now this is different from dual mining,   which some of you might be familiar with, which is  where you increase your power consumption in order   to mine 2 DIFFERENT algorithms at the same time Merge mining however is instead just mining the   same algorithm, at the same power consumption,  but to multiple coins simultaneously  It's the same concept as for Scrypt ASIC miners  like the Bitmain L7, where you are actually mining   both Litecoin and Dogecoin at the same time So the reason I bring this up is because as I   said, merge mining is on its way to be implemented  for Verus mining, but it's not here just yet  Meaning, all the profitability numbers I'm  about to show you, have the potential to   increase significantly in the very near future  once merge mining IS introduced and we'll be   able to mine multiple coins at the same time And that's why I personally want to get into   phone mining Verus right now, so that I can take  advantage of that potentially massive future boost   in profitability right when it happens But, with that out of the way,   what is profitability actually like today? Well, on this phone that I got off Amazon for just   49 bucks, I'm getting just under 4 megahash at a  ridiculously low power consumption of just 3 watts  So, let's pretend I have 10 of these phones,  according to whattomine that brings us a   daily profit of about 34 cents at  a power price of 15 cents per kWh  And before you say "hey 34 cents daily  for 10 phones, that's nothing" there   are 3 quick points I wanna make The first one is that, you might   already have a couple of old phones you  can set up to mine like this, and then   that's basically just free money at that point Secondly, we're still in a crypto bear market   right now, so are you actually planning on selling  these coins right now at todays low coin prices?  Because remember, your actual realised  daily profitability goes up if you wait   and sell at a higher coin price in the future Lastly, these phones are only 49 bucks, meaning   10 of them is still less than 500 dollars, and  compared to a 500 dollar GPU like the RTX 4070,   10 of these phones actually make more daily profit  than the GPU at a 15 cents per kWh power price  Now, I also thought we should compare this  to mining VerusCoin on a CPU mining rig,   like a Ryzen 3900X rig which is what I have And with a rig like that, you get roughly   30 megahash, but the power consumption is  actually about 90 watts, which at 15 cents   per kWh means your daily profit after power  with the 3900X rig is currently only 2 cents  Of course, with the CPU there are  other coins that you can mine,   but to be fair that is also true for  the phone, because like I said earlier,   Verus isn't the only coin that  is mineable on mobile devices  But I think this is a very interesting  comparison, because we have the 10 phones,   which cost about $500 give or take, and  gives us let's 39 megahash at 30 watts  And then we have the 3900X CPU rig  that cost about $400 let's say,   and gives us 30 megahash at 90 watts So the phones give us about 1.3 megahash   per watt of power, and 0.078 megahash  per dollar spent buying the phones  And the CPU gives us 0.33 megahash per watt and  0.075 megahash per dollar spent buying the CPU rig  So in this case, the phones actually give  you almost 4 times the hashrate per watt,   and also slightly better hashrate  per dollar spent buying the hardware  So, does this mean it's just  all about phone mining now? No,   of course not. But for those of you, like me,  who want to build up a diverse mining farm   with all different types of mining hardware in  order to both reduce their risk and also to be   ready for any potential massive profitability  pump, then phone mining is a great and very   affordable new mining category to get into So with that in mind, let's have a look   at what phones actually work,  and which ones are recommended Well as for WHAT phones, there are 2  different ways you can go about this  Because phone mining like this does work  on most somewhat modern Android phones,   so you could potentially just dig up some  old phones you might have sitting in a drawer   somewhere and give it a try, it might just work Or, you can buy phones specifically for mining,   which is what I did And when doing so,   rather than me listing what specs to look for in  a phone, what processors are best, battery types,   all that stuff, I'm just going to tell you  what specific phone is generally recommended   as one of the best to get for mining And that is the Samsung Galaxy A03s,   which is the one I have here And there are a few reasons   as to why this is the recommended one Starting with the processor which runs   the Armv8 architecture, which is the one to go  for, some Armv6 ones work but not really worth it  Secondly, these phones use lithium polymer  batteries which has the advantage of not   swelling over time, as opposed to the more  common lithium ion batteries found in most phones  But most notably, this phone, if you  buy it locked to the tracphone carrier   off of American Amazon, is only 49 dollars And by the way it doesn't matter that it's locked   to a carrier, you don't even need to activate  it or even connect it on the network at all  Also I wanna remind you that you can order from  American Amazon even if you're not in the US,   that's what I did, and it worked out way  cheaper than buying any phone here locally,   plus I got the phone delivered in like 4 days And if you do want to get one or a few of these   phones, then please consider using  the affiliate link to it that I'll   put down in the video description It won't cost you anything extra,   but the channel does get a small commission if  you do which really does help out, and it also   means a lot to me, so thank you I'll also put a link to a   6-port charger down there as well Now what I'll do is in about a week from   now I'll make another video going through exactly  how to set up mining on your phone, showing the   full process from unboxing the phone, setting  up the wallet and then getting the phone hashing  So I'll post that video about a week from now,  that should give you guys enough time to either   dig out some old phone you might have somewhere,  or order a few off of Amazon for those of you who   want to get set up properly for phone mining Again, link in the description  So subscribe if you don't want to miss that  video as well as more mining videos coming up,   and if you want to support the channel so that  I can keep making videos like this one you can   click the join button below to get access to  some bonus content, or you could buy one of   the shirts in my merch store, link to that  will be down in the video description. And   those things both really do make a difference,  so thank you! There are also some videos over   there to your right that you can watch next, so  yeah, I'll see you there, thanks for watching!