I’m not buying these dogecoin miners because DOGE ASIC mining rigs are overpriced even if their mining profitability looks high at first glance… you used to mine way more Dogecoins and earn just as much money for $2,000 forget these $4,000 to $10,000 DOGE Litecoin LTC Scrypt miners… I’d try mining with this instead - NerdQaxe++ August batch PREORDER – Power Mining
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Dogecoin mining is clearly here to stay but it’s often presented as a better alternative to Bitcoin mining however once the bullrun is over I wouldn’t want to be left holding a DOGE bag. Dogecoin is something I mine in crypto bear markets and dump all of it in cryptocurrency altcoin bullruns. Let’s review the Elphapex DG2+ and if the Elphapex DG2 plus is worth it when there is the Antminer L9+ plus coming soon and even the Antminer L11 on the horizon as well as Volcminers with the same mining profitability as elphapex ASICs
From Bitmain to Elphapex to Volcminer to even ibelink I’m tired of being sold dogecoin miners that are quickly outdated for asinine prices.
Timestamps
00:00 You should never buy this mining rigs!
01:18 Elphapex is getting a lot of buzz!
02:12 Is it worth it to buy the Elphapex DG1 Lite?
06:26 Risk vs Reward proposition is not here for altcoin mining, isn’t it?
08:03 Is Bitmain going to release a better miner than Elphapex?
09:26 Why would you mine Doge?
10:22 My Honest take on the Elphapex DG1 Lite
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NOT BUYING THESE! Dogecoin Miners… Elphapex DG1 Lite Review