Bitcoin and Ethereum Cryptocurrency News Livestream

So we have a lot of people on this stream waiting to start and we are near ready. We got 15 likes already and we're in excellent condition guys. Welcome back to another episode of Box Mining live here. Today is Friday. It's 11.10 right now in Hong Kong, bright and early in the morning. And yeah, crypto has been doing pretty well. I think this is like one of those updates where we're kind of like, you know, let's see what's going. But let's be honest. Let's be honest here. The past few weeks has been pretty phenomenal for crypto in terms of a lot of movement in the upward direction. And also we've been, well, at least on this side, I've been seeing a lot of institutional adoption as well, which is kind of the main kind of core driving force. The argument you can also argue is that in this period, especially right now, there is this phenomenon we've witnessed in 2017 where families go back, they have their nice holidays and then they go back, talk about cryptocurrencies and Bitcoin. And then you see more retail interest as well, more and more people understanding and buying Bitcoin. So we're entering that phase right now, right before December. And we're going to just take a look this episode. We're going to take a look at the current markets. We also have a very special unboxing today. So we've been doing a lot of live episodes recently. I've been getting a little bit braver in this channel at the very least where, you know, I do some more stuff on live and it's been very, very entertaining. It's been great for this entire channel, I think. So the last one that I did, you know, you look at this ugly guy over here that that's that's an ugly face right there. But yeah, so this is exactly why I put these plants up here. So it brightens the mood up a little bit. But anyways, this ugly guy teaches people how to install an Ethereum node. That was intense. That was a very intense episode. I hope you guys can take a look at that as well. It was a lot of effort in the making. I set up a full Ethereum 2.0 validator node and this is the one that earns around 16% of my ETH back per period. So it's roughly around 0.4 ETH per month in terms of passive income. So, yeah, take a look at that. And this is the correct way to do it. This is one where you keep your keys. You don't give it to anyone else. You don't, you know, you don't give control of that cryptocurrencies to anyone else but yourself here. So, yes, that's the way it should be done. Anyways, that was a live demonstration. I hope you guys can check that out. I'll put the link down over here. And we are and also just giving shout out to me just before we start today. We have the Bitcoin podcast as well. Bitcoin out of the box. The recent episode is on DeFi automation with Gerald of CyberFi. I don't know if you can find a sexier name than that. But anyways, Gerald of CyberFi. It was a very short but very, very condensed interview over there on BoxMining's Bitcoin out of the box podcast. Anyways, with that, guys, let's start this intro. All right. Let's just jump straight into the markets right now. So, past 24 hours was not very eventful. All right. Let's be honest here. Past 24 hours, we got Bitcoin moving up 1%. All right. So, now we're attacking 20K yet again. We're approaching that kind of giant wall we saw. We're approaching that wall. We're slowly walking up to that wall again. And Bitcoin is trying to punch through 20K. Same with Ethereum. Ethereum actually successfully punched through the 600 line. So, now, oh, yes, we're above 600. And it makes such a big difference mentally speaking. I think this is a period where, because, you know, you see that fluctuation every day. Does Ethereum start with 6 or does it start with 5? And it makes such a big difference mentally speaking. You guys probably know that I have a huge position on Ethereum recently. Just looking at the whole DeFi scene, I was like, there's no way this thing can stay like here, right? So, yeah, it's been moving up a lot. The successful launch of ETH 2.0. We saw some volatility during that period of the launch. I'm just going to load the chart here. Load ETH. So, during that period, okay, so I have it all the way zoomed out here because I'm smart here. Because, you know, just in terms of big picture, you saw the trend of Bitcoin moving up. And now going to the one-day view, we have during that time. So, during the launch time. All right. So, days. Okay. So, during the launch time. So, Ethereum launching was kind of during this period. You can see this giant indecisive candle here. It went both up and down at the same time. And we can just zoom into that a little bit. So, during the launch, it had a lot of volatility. Especially, there was a run-up, Ethereum run-up to before the launch of Ethereum 2.0. And then SMAM, like Chinese whales or whatever you want to blame them. They sold massively during this period of time. And I actually had some kind of insight into that, too. There was a lot of trade activity. I was asking, yet again, the folks at the Bitcoin Center, Genesis Block down there. Activity was going up during that time in terms of trading, in terms of what the deals are getting. But, yeah. There was a lot of big kind of sells during that time. But then Ethereum wasn't really too deterred. It moved up. And now we're in the same kind of slowly moving back up yet again. It goes to show that, yes, people potentially did buy into the hype of the Ethereum 2.0 launch. Buy the hype, sell the news. Sell the news. Sell the news wasn't too strong. And yet, Ethereum is pushing stronger. And right now, I would say that Ethereum, there's a lot going on in terms of the DeFi scene as well. I've been recently flooded with news on lots of mergers, almost, with Yearn. So, YFY is just like, it's just building Megatron robot, essentially. But anyway, we'll talk about that in a second. So, in terms of market outlooks, I'm still, I'm actually extremely positive of where we are at right now in terms of the market. The, kind of the sentiment has always been going up. But one piece of information I just want to, like, shove in here whilst we're at it is that this is kind of interesting. Institutions rushing into 19K Bitcoin as GBTC premium hits six months high. So, this is for the Grayscale Bitcoin Trust. Right now, it's trading at this ridiculous 30% above premium. That doesn't really make much sense to me, to be honest. I feel like this is a situation where it's very clear that certain institutions are buying cryptocurrencies and they're moving it up. But this premium is, it's a little bit outrageous in my opinion. Okay, so, why do they use this? Why do institutions love using Grayscale or the coin-based method or whatnot? It's because the problem is that it's not a single person's custody, right? So, right now, I can custody my own crypto. I have a ledger right here. I don't need a Grayscale service. But institutions need that because they have a huge amount of money. And it's not their money, someone else's money, right? You can't just have one person custodying someone else's money, which is why the custody solutions are becoming so important. So, Grayscale has one. Coinbase has one. That's interesting to see that premium there. It does definitely show interest. But at the same time, that premium doesn't make sense. It's like, why would you pay 30% extra for Bitcoin when you can buy on the market? And anyways, magic, magic. So, on that note today, I think I definitely see that there is a lot of activity in the space at this current point. Now, in terms of big movers, let's take a look at the big movers. We've got Mage, Safecoin, Nexo, Terra, all moving up quite a bit in the past 24 hours. VeChain has also been going like crazy recently. If you've been watching VeChain as well, it's kind of like having also this insane rally back up in terms. We're almost hitting around 0.2, right? So, 2 cents right here for VET at this current point. In terms of losers as well, let's take a look. Oh, Decred has this huge movement up yesterday. So, this is kind of expected, right? So, I was watching. I was really surprised because, you know, I've been following the Deep Red project for a long time. And yesterday, the spike was insane, right? Just like a direct vertical line up from $20, $25 to $36. Now, we have this slight pullback. And this is very typical of crypto. It's pretty much crypto, right? Like, sudden spikes of interest and then followed by some rough dumps. We have Keeper as well up there. Yesterday, I was saw this huge candle. It was almost at plus 100% yesterday on Keeper. Cream is moving up as well at $85. I think it's the movements up, giant movements up in the consolidations. That seems to be the general pattern that we've been seeing for this week in particular. And this is where I want to bring in this funny quote from Chao Wang, who says, Once we bake 2K imminent and inevitable, we can throw valuation and fundamentals out the window. It's going to be one giant momentum trade. The best performers are the ones with the largest distribution channel's lowest price and the best means. Damn, crap. It is kind of true. It's sad but true. I think, you know, a few years ago, I would try to fight to stop this. I would be like, fundamentals are the most important aspect. But memes, man, you can't underestimate those memes. I've been taught that. In 2017, I've been taught that. And you want low coin prices too because people always feel like for some reason, you know, they want a whole coin. You know, it's just happening like a point one of a Bitcoin ain't happy. You know, it ain't right. So, you know, general public is general public. So, yes, this channel, we're kind of gearing up to that. We're looking at what coins are great. I think. But I do have a confession to say. I got a confession. So, I have a lot of my portfolio in the Bitcoins. ETH, Bitcoin, VeChain. We got, like, I think I've been building up that huge list of the big ones. We've got some Utrust in there, SwissBorg. This year, I, this week at the very least, I haven't dumpster dived that much. All right. That's a confession of me. Like, technically speaking, you know, I should be super aggressive looking at all these coins. But I'm like, at this current point in time, there's so much going on. Right. Like, how do you spend your time? And during this phase, right now, during the Ethereum rally, during the Bitcoin rally, I chose to mostly focus on Ethereum. So, I was like, you know what? Let's set up that note. Right. You know, I've been, I've been, like, hounding about setting up an Ethereum 2.0 validator note for the longest amount of time. And I was like, you know what? Let's do it on a live stream. Let's just do it, you know, regardless. And that's actually got really good reception. I mean, a lot of people actually came up to me and said, you know what? Yeah, I really appreciate that. They were looking at how to set up a full node. And they got the full entire process. So, yeah, definitely check out that video. I really appreciate if you guys smashed the likes and did it. Because I felt that was a big thing that I felt like was right for the channel. And it worked out. So, and I know as well, I haven't been, I've been dialing a little bit back on the Alcoin game. So, yes, I did miss out on this huge Keeper rally. I think there was a certain point when Keeper was 100. I thought, oh, I should buy some. But then I kind of just thought, ah, it's too busy, right? So, it's good and bad. I mean, I've enjoyed a lot of this big run. Because a lot of my portfolio wasn't if I was pretty much just making sure that my position was okay. So, I wasn't going as aggressively as I could into Alcoins. That will shift, though. I feel like now that shifting momentum has started to shift over towards Alcoins. We've got Ethereum pushing to new heights. We've got Bitcoin. Once it passes that mark and once Bitcoin starts cooling down a bit, you can see the Alcoins popping. So, this is where, yet again, during this weekend, sometime we'll be dedicated to looking at Alcoins. And we'll be sharing that. And I'll find new ways to share information with you guys, too. I think that's kind of also key on this channel. I think crypto moves so fast. It's a situation where I do want to be up to date. So, guys, make sure you smash up the like button, subscribe button, and the little notification bell. So, we've been doing a lot of surprise live streams recently. Anytime there's a big kind of movement, we've been doing surprise live streams. And we've been doing kind of sharing sessions. And that will be the best time for it. So, look out for more streams on that, at the very least. And AB says, anyone cashed that ETH scam wick on Bybit? So, that was actually, that was a video where I warned people about flash crashes, right? You know, this was the scam wick that I think it was AB was referring to where suddenly ETH prices just dropped from $600 to $500. And people, lucky people managed to pick it up at $480 or $500. And unlucky people got totally wrecked because if they were on a leveraged position, their position would be gone and ETH would be going up. I mean, that's just like a slap in the face, right? You know, to this day, ETH has actually moved beyond that, right? ETH is sitting at above $600. So, right now, $606 almost. So, yeah, if you got caught in that kind of trading incident, I described the full thing in the video. So, just check that out. That would have been very, very unfortunate. Do not do this in crypto. So, I highly recommend checking that video as well. I'm just going to share the, I'm going to share, add to Q. How do you share, how do you share directly? You have to share. Good. Got it. Boom. Boom. Boom. Boom. All right. Wreck the like button. John Weems says, can I just press the button or do I have to smash it? Obviously smash it. Or wreck it. All right. That's the only two options on this channel. Either wreck it or you smash it. All right. Okay. Another scam. Also, ETH, ABS's ETH scam would just happen. Also, another one. Another one. Really? Like people not listen. What? What? Oh, my God. Oh, my God. Oh, come on. Come on. Again? Second time. All right. So I stand corrected. So not only did this happen last week, this happened just now. Yet again, another scam wick on ETH USD. So it just flash crashed. So, yeah. So we just saw that. So that's just posted just now. 607 just flash crashed all the way down to like 500. Why are people still trading there? I don't know. I rest my pace. Guys, guys, guys, guys, guys. Look, look, look. Leverage trading is extremely dangerous at this period of time. And this is most likely caused by a cascade of sellers. So I explained it in the video where, you know, the price dips and then people who are on leverage positions, especially right now, you know, people feeling optimistic. They're like some stupid YouTuber or some guy convinces them. Oh, yo, get like 20x leverage. It's great. But the problem with 20x leverage is that if crypto falls down by 5%, you're forced to sell, right? You get liquidated. And then when you sell, it causes the price to crash down. This is why we have these giant wicks downwards. So this is the second time it happened, right? Why are people still trading there? Why? Like, is it for the competitions? Like, I got a rant on this. I got a rant on this because, like, I think there are traders who are looking to, you know, multiply the gains. And they don't realize the risk these scam wicks pose. The problem is the prices crash. You get liquidated. And then ETH moves up. So even if you have the correct trade, you trade and say Elon because ETH is going up. You take a leverage because you think you're going to multiply your gains. Even if ETH moves up, these scams wicks will destroy you. Like, I don't know. Oh, my God, wick. Scam wick. We should make a whole episode. OrionFed says, you think YouTubers get a piece? Actually, they do, surprisingly. Because the way these affiliate codes work is that they work on every trade. So obviously, there are people who will buy it, you know, to buy it back up. And those people will buy millions of dollars of volume. And then YouTubers will make a percentage of that. I didn't. I actually removed all my Bybit. I never actually got into the Bybit thing. I felt it was just too predatory. And there was a period we tried it out. I'm like, okay, look. I tried it out for like a week. And I removed all of it. And it freaked out everyone in Bybit. Bybit actually sent me emails. I'd be like, yo. We see that you're an affiliate. We see you signed up. But why aren't there links on your YouTube? Like, what's wrong? And I had three emails. I showed you guys that. Right? I had three emails. I blanked out their names. But recently, I've been receiving more. There's at least seven emails telling me to add Bybit referrals onto my freaking YouTube links. I'm just... The problem here is like everyone's like stop loss. The problem is you cannot trade an exchange that does this to you. Even if you have a stop loss, your stop loss will trigger. You will take the loss. Right? But the crypto will move up. So like they just robbed you. Like even if you have a stop loss there, like it doesn't help. You will actually get stop loss out. Like it will trigger. And then crypto will move back up again. It's... Anyways, I'm angry. I'm angry. I'm angry. I'm angry. No stop loss. It's like the whole idea. Okay. So better exchanges. If you guys want a better exchange, FTX is the way to go. And even on FTX right now, I am not like leveraged. But just... I felt there was no point. Like if you want a better exchange, go FTX. All right. Here, here. Here's a link for FTX. Guys, guys, guys, guys. Yeah. There's no scam wicks there at the very least. Let me just double check. Yeah. That's trading. Like look at that. That's what it should be. The thing with these exchanges is that the more traders there are, the better it is. So you have this power kind of power vacuum going on too. Right? So all these exchanges, they're trying to fight for more users. They're fighting for more straight volume. But yeah, FTX has just been like destroying. It's been demolishing everyone. I didn't believe it. You know, like my friends at Genesis Block are huge FTX fans. Right? So I didn't believe it at first. And then it freaked me. Like, yeah, it just like took off to the moon. Like FTX is an exchange. It's like it blew up. And even FTT as well. I think everyone there is like FTT fans. I'm like, you know what? You guys win. You guys. You guys win. All right. Whatever. Whatever. All right. Let's go quickly for the news. So we just had a crash. Congrats. I think the Bybit guy. So if you are a victim, guys, if you guys are a victim of Bybit scam wicks, I would say just message them. Apparently, if you beg hard enough, they will refund you with your loss. So go beg. You got to go and beg Ben. All right. Apparently. We finished most reimbursements plans for last week. We'll do the same for this one. So just you got to go and beg them. Yo, yo, yo, yo, yo, yo. Hi there. Hi there. Can I get a refund, please? Yeah, that's. Good luck. Have fun. Good luck. Yeah. We got a comment from Emery Cordrace. Can you withdraw from FTX without KYC? There is a limit to that. There's a one. I think there's a $1,000 limit. So you cannot. You have to do some sort. Do minor KYC and the main more KYC. I know people are asking KYC because like technically speaking, these exchanges are all better than Coinbase. Right. So apparently one of my friends just got hit with like a huge tax bill from from the IRS in the States. Just like bam. It just arrived in the morning. Yo. Guess what? Pay like 20K. Yeah. Magic. Yo. No. Hey guys. Hey. Hey. Hey. Hey. Pay 20K. So anyways, that doesn't sound great. So that's, I guess this is why people are asking for, or why if there's KYC or NA KYC. Yeah. Okay. So let's go very quickly through the news. Let's go on from the top. So I did take a look at Reddit this morning. I'm starting to read Reddit again. This was just ridiculous. Politics. Rohan Gray, advisor to the Democratic Congress reps, put forth a new bill to ban stable coins. It's advocating to ban running blockchain nodes. We should demand that Stanford and you and ICT agencies sever all connections to him. Why is he, what he is advocating is absolutely totalitarian and monstrously evil. Yet again, I think like this is the thing with the US, right? Like, I mean, reading this whole US regulation stuff and it's like, there was a point where they tried to ban wallets, like cryptocurrency wallets from entering the country, or at least they have to declare it, right? Like these reps, these Congress reps have the most ridiculous ideas. Like how did you, like, sure. Like, are you going to invent a device to just scan for all ledgers? Okay, fine. You don't want, you don't want me to enter with a ledger? Well, I'm going to remember the 24 words in my mind. How are you going to scan for that? Dumbass. Like, how do you prevent people from even like running, like globally running the nodes here? Like you can technically, okay. Let's say, for example, they detect it by the port. You can just shift that port over to another port. Like, stop being ridiculous. Like this is one of those situations yet again, I feel like it's extremely hard to ban the running of Bitcoin nodes. It's peer to peer. It's like, how are you going to scan for that? You know, like, okay, fine. You don't want us to run it? Fine. We're going to run it in the UK. We're going to run it in Germany. Like, it's global, guys. Like, as long as there's internet, there's going to be blockchain nodes. And heck, very soon there will be nodes on the freaking like satellite system. There's no way to ban Bitcoin. Don't you guys understand? Like, anyway, that's my commentary on this. This is like ridiculous news. And people get hyped up because they believe that this is actually possible. Yeah. No, no, no. I saw this photo. This family bet everything on Bitcoin when it was 900 and bought more when it crashed in 2018. Congrats. Congrats. Congrats. Good drive. Didi. Oh, Didi's legit. Didi's cool, man. Where did I meet this guy? I met this guy before. He's legit. Damn, man. Got balls of steel. Got family. And buying Bitcoin. And a dip. That is smart, man. That is like next level. Next level smart. All right. We got this one. That's like just a heads up. RBC. Cannabis. Logist bank. World Bank of Canada has just stopped allowing cryptocurrency purchases. So apparently. If you have a debit card or credit card, apparently they decline certain purchases. This happens like a lot. Bank transfers are the way to go. Local Bitcoin centers are great, too. It's something that I've been advocating for a long time. I know that in Canada, it was not very, you know, there are a few incidents, you know, local Bitcoin centers like Quadrica really ruined it for everyone. But that's also another way to do it. If you have just even cash, if you're getting declined by the bank account, Genesis Block Hong Kong, check it out. They actually do international trades as well. Yeah, that's just a way to do it. So yeah, links down below for Genesis Block or whatnot. They're like the Bitcoin center in Hong Kong. I've been basically with them for a long time. Now I'm finally an advisor of Genesis Block. And this is something that I really wanted because you want the entry points, right? That's one of the best entry points in Hong Kong at this current point and pretty much around the world. All right. So institutions. This is this one we read already. Institutions rushing into Bitcoin. Thank you, Joseph. Let's see. Not much. Not much else. I mean, there's Ripple CTO says community can force the company to burn 48 billion RxRP. There's a lot of XRP shows recently. I think they're ramping up their media game. You know, like that's the kind of spot that the general public's coming back. And then there's like, oh, yeah, general public coming back. Let's let's ramp up our media game. But just be just be warned, guys, you know, with Ripple, I don't really need to say much, but just look at the the all time highs. Ripple is still. Yeah, it's down a lot since all time highs. So I think a lot of people still stuck there, too. Yeah, on that note, we'll see. But last few times we had a few very strong Ripple shows in this channel. We'll have to see how it goes. Yeah, I think there's a HokkaDot event going on recently. I actually have to follow up on that stuff happening. We also let me just go through some Twitter updates as well. First of all, we've got stake drops happening. If you guys are in are you guys are into Kava. So persistence, they are doing a stake drop live. So if you have Kava, you can just stake your Kava and get persistence. If you guys know what persistence is, it's related to trading. So it's putting like institutional trading on the blockchain and it deals with commodities that are being transported right now by ships and etc. So I have an interview right now. It's pretty much the interest here is that it's one of the biggest kind of innovations of India. Right. So one of the biggest blockchains in India, they're working closely with like the way India is blowing up. I'm spending a lot of time looking at both India and Southeast Asia because that's where a lot of the applications can be done. So if you guys are interested in what's happening with persistence and what's going on, there is a persistence interview on my channel right now. I'll put the link down there. I just want to share the update with you guys on that note as well. So, yeah, where, why, where, where, all right. Thank you, Angela. We just saw Angela post a link. Thank you. Thank you. Thank you. Progen says, is there any FTX referral code? Absolutely. So, um, yeah, I just, I just put it there. Um, FTX, you get 5% discount if you use my code as well. So yeah, why not? Right. Box mining, box mining.co slash FTX. Got my linking, linking website done. Uh, we also have, let me just look at my updates. I actually have a update. I've been building an update list now. So I think I've been getting more organized, um, having an update list of articles. So it's not just the stuff that I see in the morning, but update log. We've got linear linear finance has an update or spacey building up their test net. So they're moving from test net to main net very soon. So, um, expanded test net for sneak peeks is linear. So they're pushing that out very, very soon. That's very cool. Um, so let me just double check where I need to kind of streamline my new site, uh, things. Let me see Kevin. Kevin's so cool. I like Kevin. Uh, I think they're resolving a lot of stuff. And then there's, um, setting up their test net. So we'll see how that goes down the road. All right. Um, that's pretty much it. Oh, also been talking a lot with Dima. So this is something that's a very clear sign of a bull market where there's a bunch of scammers appearing. Um, the one that really ticks me off is the scammer called Gabriel Ko. And Gabriel's been pretending to work with box mining. And he's been, he's pretending that he's part of, or working very closely with me. And he's been messaging people. All right. So this guy, this ass hat, um, very likely to be a fake, um, image to look at that smile. Look at that. Like this, this doesn't look like a real person at all. Very likely this person's bought like a lot of connections. And then he's been going around LinkedIn, a pretending to be part of box money. He's a senior analyst at box money. Not true. Absolutely. Then he's going to go to projects and say, yo, you know, I want money. Right. It's like, anyway, so I've been working with hacking to try to get these guys removed. It's a pain in the ass. Um, like not the, the, the biggest part is that you can close these accounts, but the problem is, is that they just keep coming back. It doesn't take much effort to essentially make a fake account. Right. Um, you go on telegram, you make, you, you, you just download a picture of box mining. Uh, you put that as a profile picture, you name yourself box mining zero one, and you go and scan people. That's, uh, yeah. Um, that's stupid. It's stupid. But yeah, it's on the rise right now. And people are dumb enough to pay these guys. So I'm, I'm pretty angry because people are dumb enough to pay these guys. I mean, if you're in crypto, you know how to watch out for scams. And if you're running projects and you fall, like, I don't feel bad. Like technically speaking, I don't feel bad for them losing their money because, you know, like most likely if they didn't do due diligence, most likely they're scam projects anyways. Right. Like in this space, like if you're a legit crypto project, you always do your research. Right. Like that's, it's, it's a given. But I feel bad because they're funding essentially scammers. Like you're essentially giving a big amount of money to scammers so they can increase more scams. Right. This is like, stop. It's like funding terrorism, you know, stop funding scammers. Like stop it, stop it. So anyways, I'm like, that's why I'm trying so hard to get it. If you guys see any scam box minings, look, I never solicit people and tell them, yo, pay me X money for X amount of video. Like that never, like that's no, no. I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm like, I'm going to stop ramping. I'm going to stop writing. I'm going to stop writing. Now I'm going to stop getting worked off. All right. So I got a surprise for you guys. I got a surprise for you guys. Today we have something pretty exciting to show. So, ta-da! RTX 3070. So this is the, one of the new Nvidia graphics cards. I finally pulled the trigger on it. I was like, I wanted this for gaming, you know, cyberpunk is coming out. I'm like, I want a new graphics card. But you know, that's the real reason. But my, my, my, my official reason would be, oh, I, this is something exciting to show the channel. It's content, you know, guys, smash up the likes. If you guys enjoy this type of content, please do, because I need to justify my reason for buying this. So yeah. So a few things. So this is the new Nvidia graphics card. It's not the top of the line. So you got the 3080, right? So, you know, the little number, the third number here means how good it is, right? The 3080 and a 3090, which are really, really good cards, but they're also double the price. So being the cheap as I am, I bought the mid tier. I'm like, you know, mid tier, mid tier level graphics card. So if you guys are into this whole graphics card scene, I mean, it's, it's coming up. Gamers love this stuff. Also miners love this stuff. But if you are into graphics cards, this one, the reason why I bought this one was because the price actually dropped. Like the scalpers stopped scalping this because the new 3060 Ti just came out. So because that came out, it also kind of dropped the prices to four. So this is actually a reasonable price right now. I, yet again, I don't support scalpers. That's why it's like, it's also like, if you buy from scalpers, you fund scalpers, right? So I pretty much waited until the price dropped for this in Hong Kong. So this is actually more or less at retail. This is the cheapest variant of it. So this is built by colorful. It's also, they call themselves iGame now. But anyway, so this is the cheaper variant. It's not, it's not overclocked or anything here. So we're going to do a little unboxing for you guys. This is actually the first time I opened this box, actually. I actually don't know what's inside. So let's see. All right. We also got a comment from rugs279 says, the oldest Trigna book is getting the second tier card for half the price of the newest card and still get 90% of the performance. Exactly. Exactly. You don't, you don't want to go to the top. The top card, like the 3090 is literally at this current point, like 3X is price. So yet again, like you're not going to, even if you mine aggressively, you're not going to get your money back. Right. So yeah. All right. Let's see. Unboxing clips. All right. We got iGame. They actually made a good box for this. I'm surprised. I bought the lowest tier and it made a good box. Maybe it gets packaging these days a little bit better. Let's see what this is. Oh, this is the card. I also bought the one. All right. I'm the cheap ass that bought the one with, without aggressive overclocking. Wow. This is heavy. This is actually really heavy. So we've got this one. All right. I really hope. Wow. It's, it's, it's, it's a lot heavier than my, my old card. So I got a 30, a 2070 super in my current computer, but this one is like, this cooler looks legit. Like I'm surprised. I'm surprised. I'm surprised. Cause I like, yet again, it's a situation where, you know, I didn't want to spend too much on it. There were no reference cards out there. You were kind of choosing between different brands. And I was like, this one was the cheapest. So I went for it. Being a cheap ass. I am. What is this? Oh, they have data. They actually include a screwdriver set. Wow. Wow. Really? Come on, guys. That's pretty good. Um, yeah, that's pretty much it guys. So we're gonna, we're gonna take a look at how this performs. Um, and the next upcoming video, I'm going to install this. We're going to see both gaming performance and mining performance. Tip. Um, one thing good about right now, and one of the good reasons why you want to buy this now is because right now, if you want heating, this thing is around 140 watts of power. I think probably even more than that. I have to look at the stats for this. I haven't gone through the stats yet, but this can nicely warm up your room, make your room nice and toasty whilst, um, also mining on the side as well. All right. You got, you got a little bit of income from mining. So my plan for this one is I will mine. I'll show you guys. We'll go back to box mining yet again, you know, box mining needs to mine a little bit. So we'll go back a little bit to mining. I've actually looked at the stats. I mean, I showed you guys this a little bit sooner. So we're both staking and mining right now. So what to mine? So let's put this up here. Um, so we're going for, okay, so they don't have the stats for the 3070 that I bought, but I'll put, I'll give you guys the stats for 3080, right? So if you mind 3080 and you mine, um, either EVE or you use nice hash to mine, um, EVE hash, you get around $3 in terms of revenue per day. Okay. You're going to, of course, obviously burn electricity. So you're going to make a net. Like if you're, if your costs per kilowatt hour in Hong Kong is roughly 1.17. So roughly you're going to make, let's see, you're going to be earning around $2 per day to $2.3 per day per GPU. Right. So if you want to scale this up and you want to buy a lot more GPUs, roughly speaking for the price of a card, I think I'll have to mine for around maybe 300 days, 300 month or a year before I can break even on the price of the card. So it's not, it's not bad per se. I think it's, it's worth running. Um, why not? Right. At this current point, um, you know, get, get gaming performance, get a little bit of your money back and hopefully that works out very well. And you get some free heating too. Yeah. Why not? Right. Because if you're going to, you know, burn electricity for heating anyways, anyways, millions of reasons to justify why I bought it, but really it's just because I wanted it. All right. Let's be honest here. Let's be honest here. But anyways, that's, that's kind of the profits you can be looking at for, for mining with 3080. So I will probably be getting around 80% of that, you know, like that's maybe a little bit less, probably like 70% of that because I have like a, you know, lower tier graphics card. All right. And you know, we'll actually do a comparison too. We'll do the ETH node versus, um, ETH mining, which one makes more money. I think anyways, this is great for content. Um, just taking a look at my ETH node as well. We're still waiting for, um, for, uh, we're queued up. So if you guys want to update on my ETH node, this is the one we set up, um, around two days ago, that one, we're still waiting for activation. So it's not, it's not activated yet. All right. But it's, it's in the progress and we'll, we'll look at, um, ETH. Um, so yeah, this is all to do with passive income, right? For, for, um, with the, with the nodes, you can get around, um, 16% per, per year or roughly around 0.4 ETH per month. Um, we can, we can chain, um, whatever. All right. All right. All right. All right. All right. All right. Let me just search my own node, whatever. Let's just search that ETH address, this one address. And then let's look at the validator. Validator. So we're pending or pending. We're almost, so we deposited, we got the pending in check, and then we will be active very soon. We're going to have to wait for. Okay. So the deposit has gone in. So this is the update latest update. So we, we, we sent, we had the ETH one deposit. Now it's been echoed by the beacon chain. So now, okay, we got, we got the slot in, we got the, um, signature all done. So we're kind of waiting for everything to, to activate. So we're waiting to be eligible and this note is going to be online. So we'll see how that goes. I'm actually pretty excited to see how that, um, goes up. So you have two things, right? So, um, the two things are Eve this week. So I did, um, this actually, I have two of these notes, right? I did one for myself just to go through the process. Then the second one I did on live. So I have two Ethereum validator, um, nodes at this current point. Plus, um, we're going to start mining up some ETH one while we're at it. So, you know, fun times. Um, Bob Witt says, I like Michael because he's too honest of, haha, he just wanted a video card. Haha, it's kind of true. I mean, cyberpunk is coming out, man. Also, I'm playing Assassin's Creed recently and, you know, a little bit of a graphics boost wouldn't help, wouldn't hurt either. Um, uh, Elijah Kellan says, I learned more in one box mining episode and two days of reading. Nice, nice, nice, nice. Great to share that intelligence with you guys. Also, a lot of stuff coming up too. I've been actually meeting up a lot more people, even though technically Hong Kong, you're not supposed to be gathering and meeting up. But, uh, met up with a few people talking about some new cool projects. So that's coming like, it's under NDA right now, but just some crazy stuff happening next week, especially. So pay attention guys, pay attention. Uh, yeah. Uh, uh, okay. So on that note, as well, I think that's pretty much it for today's episode. We've done the unboxing. We've done everything else here. Um, yeah, kind of sucks. Black Friday's over too. Um, I don't think I bought enough stuff during Black Friday, but you know, that's with all stuff. Also, I bought this cool new, what was it? I don't know. Yeah. Anyways, computer shopping is the best. I buy a bunch of stuff I never need. Like I bought another SST, like for what? I don't know, but it's cool. Actually, I'll show you something cool. I just bought this. Sorry. There's the last show and tell thing for today. Okay. That's, so this is from ages ago. This is a 2014, uh, MacBook Mac mini, Mac mini, what do you call it? Mac mini. Um, bought this for super cheap, right? So this is like, bought this like two years ago because it was like used stock or some shit. Sorry. Sorry. Sorry. Sorry. But it was cheap. I bought it. I'm going to turn this into a server. So I recently attached an SSD to it. It's like, it's a, it's like a legit, you know, NVMe SSD, um, for literally like 50 bucks or something. So I attached an SSD to this, this will be my new server. So I felt like, you know, it's, it's not noisy. It's low energy. Um, and it should be good enough for most cases, right? It's got an I five inside and it's 2014 model. So it was cheap. So anyways, this will be my new kind of server that I'm going to put up in somewhere. Um, hopefully kind of run some form of node, not an Ethereum one node, obviously, because if one node will require maybe around one terabyte of storage, but this could be good enough for running like smaller nodes around the house. Um, anyways, uh, that's pretty much it. All right. Um, Zachary J productions. Have you heard anything new about Velo? So I actually did, uh, um, some recent interviews with Velo recently. I did some talks with them and that's coming up very soon. So if you're interested in Velo, check that out. All right. Uh, they actually recently partnered with Visa and they're building a credit network. So yeah, huge amount of stuff going on. Um, Arif Akhtar says some block Friday sales are extended. Um, that's great. Uh, what, what are people talking about fake? So I'm just looking at, um, the chat here. Like what are people talking about is fake? Uh, about the, the person who's fake? Um, John Williams says Apple should pay you for advertisement. Kinda, kinda, but I have a PC. All right. I'm a PC guy at heart. Um, like this, this computer is a PC. Like my main computer is a PC. Um, yeah, I'm PC guy at heart. I have this mostly as cosmetic decoration because I bought it for when I actually edit on the go. But because we never leave Hong Kong anymore because of COVID, we do not, no longer need to use, um, a MacBook and nor any Apple products. Uh, mostly right now. I'm actually, actually heavily in PCs actually, because, you know, PC master race guys. You can't beat that. Right? So. Anyways. Um, Roshan Green says, did you take a look at Kraken staking? So there's Binance staking, there's Kraken staking, there's Coinbase staking. And you know my opinion of these exchange stakings. They're, they're a lot more convenient, a lot more fluid, but you run the risk of getting totally screwed over by the exchange if something happens to it. So, um, my policy has always been, I put money into exchanges whenever I need it. But if I'm planning to stake, I rather stake myself for like five bucks per month. I keep my keys way better, much better. Right? Um, oh yeah. So, um, we've got designer Jake jocks, um, MC says iPad and Mac mini possibly the Mac laptop is a good Apple product. Like LOL. Look, look, Apple makes like, uh, like in this war between Apple and PC, right? I have both, but I have no problem having both. And I just saw the way I've settled most of base. I'll have both, whatever, who cares, right? You're in crypto. You can afford both. Um, you know, um, there's certain situations where my Apple is better and that's when you take it mobile. So anything that is on the go, if you care about battery life and you don't want to bring a battery pack, then Apple is better because just the way Apple treats applications, like they're, they just jail them. Right? So they jail most applications and make sure that they don't run in the background. This is in one of the reasons why I switched back to iPhone. Like I, I went Android for like my last phone S10, um, great hardware, bad software, like seriously bad software, especially after you install like the Oculus and the VR stuff on the Samsung phone. It's like, like it basically gives you a middle finger. Um, this one, yeah, it's, it's not going to be groundbreaking hardware, but it's like, you know what? Um, it works whenever I need it to work, it works. So anyways, anything, anything that's, you need to take out with you that relies on battery power. I would say Apple is better. Like my two cents. Right. It's just, they just, they're just smart enough to make sure they screw over enough developers that, um, the software runs well. All right. Uh, my two cents, but yeah. Um, we got Chad Limestal says Linux best mobile too. Anyways. I also ordered the Apple, um, M one MacBook air, like that's for streaming. So anyways, that's coming on the eighth of next week. So yeah, I'm pretty, yeah. I bought a bunch of stuff, you know, it's very clear, but anyways, this is not a me ranting channel. This is definitely a crypto channel. We'll, we'll do some more discussions and stuff, um, on the time. Monero is a safe bet. Um, not trying to be funny this time. Man Nero or Mon Nero, man Nero. You should look into chain link node. I think you can get one, right? Host nodes. Like if you're on, if you're on all nodes, let me see if, oh, they don't have chain link. That sucks. Well, we should look into it too, for sure. Why not? Right. Let's do box staking. Let's do a box staking. I have the Z coin nodes. I mean, you guys probably saw that. Um, I don't have a dash node. I know. Uh, I've had a few dash friends who wanted one. Um, these crypto.com nodes would, but you know, my view of crypto.com is 2.0 is the hottest one right now. But yeah. Um, avalanche guys. Okay. This is a question for you guys. Are you guys interested in avalanche? There's been a few attempts for me, for us to connect with the avalanche guys. Tell me if you're interested. Um, we'll do some interviews. If it's cool, you know, uh, that'd be fun. Well, we've got escrow whales is, um, base protocol base base. All right. I got a comment on this too. You know, um, I need to stay out the obvious ample is getting crazy traction right now. It's, um, it's insane. It's one of those situations where, you know, uh, I will say, do you want to be right? Or do you want to make money? And people love ample, even though it technically in terms of being a stable coin, I don't think it'll ever be a stable coin because of the rebase. And you get either more or less coins depending on how a rebase is. So if you look at the market cap of ample, you know, you can just trade on that. It's not going to be a stable coin, but people love the rebase for the extra coins. So, I mean, I had a discussion about ample, um, and, uh, people like it because every day they get some new coins and then they can tell people to buy the dip, right? And ample has a crazy rally. So it pretty much doubled itself, uh, in terms of the market cap. So, you know, if you're, if you own app ample, the market cap doubles, but the price, right? The price, if you look at the last 30 days, the price actually looks relatively the same, right? If you actually look at the price side, this is where the ample ample's magic comes in. If you look from the 8th of November to now price, the same, right? And $1.67, but the market cap was the one that made the biggest change. It jumped from around a hundred million or 200 million to 432 million. So effectively anyone who had ample, they would have doubled their money. And, um, magically the price doesn't reflect that the price doesn't show you that. So anyways, that's kind of, that explains why rebasing coins are very popular. Um, because it kind of hides the pump, right? You can keep pumping and pumping and people don't see it, right? If people don't see it, they'll keep buying it. Right? So anyways, that's, that's what I feel like, um, that's the kind of the ample, um, hype anyways, but anyways, I'm talking about ample and rebase coins, obviously just set the trend for rebase coins and base protocol really has some really good trade volume. If you actually look at base protocol as well, and just look at, um, recently in terms of the trade volume, it's going crazy. I'm getting updates from them. I'm like, wow, like, holy crap, your trade volume is insane at this point. So anyways, guys, check out if you guys are interested in all these rebasing products, like ample base protocol, um, basis cash, check it out. Base protocol. We did an interview with Nick as well. And we, we did a very big debate on it too, like whether or not it's useful and you guys can make the judgment on that. And it's one of the more structured debates that we had on this, this rebase war. It feels like ages ago, but it's not, um, it was recent. And, um, if you guys want to see how he speaks and how he does it, um, rebase war episode is here. Um, all right. So that's putting it here. We got choices. Hit the likes for more rents. Uh, thank you. Thank you. Thank you. Thank you. We got Dennis Jones says, I really love how brutally honest this guy is. He's so real legit. Yeah. I've been, I've been doing brutally honest for a while. It's, it's people like, like people like it, right? Like there's so much BS in crypto. Like I, I want to throw up sometimes. Like I want to throw the fuck up when I talk to some people sometime, like, especially if people are gaming companies and they tell me they're going to partner with like Fortnite and do all their items. Like I literally want to go up to them and punch them in the face because Fortnite is a popular game. But if you're in the gaming industry, you should know that gate Fortnite, the game is designed 100% around monetizing non-tradable items. That's a core design of Fortnite because people want to flash off the skin, their skins and there's, there's new, you know, weapon skins, skins in there. That's the entire monetization. If you guys know anything about game design, that is a product. They're not going to take on and make, take on your product and make their items treatable. Like, stop, stop. Like, like, this is sometimes why I hate altcoins. Like sometimes they, they just have so much BS there because some people might believe it. And I just want to slap them in the face. Anyways, um, that's my two cents. That's sometimes why I need a detox and I probably need a new detox very soon. Chris Richards says, I've been pumped full of BS. I can't possibly eat anymore. I've had, I, I, I hear you, man. I hear you. I hear you. Those, those, those times are, um, those times are when I want to quit, quit, quit, quit, quit crypto. Like I literally want to like, just like, just leave. I'm like, this is just, you're causing the next crash. You're going to cause it because you're promising stuff that you'll never be able to deliver on. Some of the stuff is outright scam. Um, and I've had to happen, right? I've had these projects just show nonstop and whatever. Um, all right. We've got a message. What about Richard Hart? Says, Jesus more than us. What are your feelings? And he calls you retarded by the ways. Says you got rugged all the time. So there's an act of war between me and Richard Hart. Apparently he sent his guys at me to say, hex is the best thing in the world. Okay. That's the deal with hex. And what it does is that does nothing. Right. And it's one of the biggest scams of 2020. And I wasn't very kind of hidden about it. Um, I was very blatant. A lot of YouTubers, they got paid. Um, in fact, he tried to pay people like 10 Bitcoin. Um, there's a search of record. He tried to pay Andreas Antonopoulos, 10 Bitcoin for Andreas to show his checks the next project. I mean, if you guys want, I guess, yeah, if you guys want me to be rich, be smart in terms of Richard Hart's eyes, I can just take some money and show X, but I have morals. So, you know, perhaps that would be cool. Um, Um, Oh, so funny. So funny. So funny. Um, have you ever heard of a coin? I've heard about a coin, but have you heard about Bitcoin? I don't know. Um, my friend actually, um, had to call with a con, um, um, crypto crypto, not as I want to show crypto knots. Um, he actually got the a coin video up. So yeah, he's not a coin show. The biggest problem I think is that a coin is trying to solve something, but that the, so the Bitcoin would have been the better solution here. I'll be honest. It like it's Bitcoin would have been a better solution. If there's so many currencies in Africa and, you know, should they all unite behind a con or should they all ignite, uh, unite behind something like Bitcoin, which has global acceptance, high liquidity around the world, um, huge momentum to go up. Yeah. Yeah. Yeah. Why? Yeah. Um, There we go. Uh, William panel says, I've respected you so much now that, you know, Richard Hart sucks. The sad part about hex. All right. So just finishing the conversation on hex. Like now I start to understand because there, there was a period when there was a lot of people who were aggressively showing me hex, um, especially on this channel during chat. And I was wondering why. And the reason why is because there's some people who love staking and they stake their hex for like seven years, 10 years. Right. And if this coin goes to zero, um, they're going to lose everything. So there's a huge drive for people to show that. And Richard It's evil genius, right? If you get people, if you can convince people to lock up their currencies for such a long period of time, you're going to get some form of aggressive adoption, right? That's the, that's kind of how it is. But the problem is that this kind of design is essentially a Ponzi, right? That's, you know, you stake more to, come on, come on, come on. Okay. Come on guys. Like GG. Um, so yeah, that's pretty much it. Um, it's crypto, you know, anyways, guys, that's pretty much it for today's episode. Um, we are towards the end of the episode. If you guys have anything you wanted me to talk about, whatever to do. Um, yeah. Um, yeah. Yeah. I read in comments, Ellie, um, Eli says, um, have you looked in chain link knows there? More, they're more of the dev ops admin type environment. If you make possibly more than mining coins, I should look into it. I should look into it. I'll look into it. Anyways, guys, that's pretty much it. Thank you guys so much for watching this episode. If you guys like this episode, remember to smash up the like button. And with that guys, um, that's pretty much it. Um, yeah, uh, we'll meet you guys up. Remember to click the subscribe button too. And also I want to say a big, um, you know, welcome, welcome to Eli to become a member for becoming a member. Uh, members don't get too much at this current point. I haven't made too much member exclusive content, but I'm actually thinking of some more stuff. So if you guys want some, if you guys members, I'm the members are the most generous of this channel. They just, yeah, they're part of this channel and they, they, they help the channel. So a big, big, big, thank you to them. Um, really big. Thanks. We'll try to make some more content. If you guys members have any suggestions for content to just share some information between ourselves, I'll down for that as well. So guys, thank you guys so much for this great stuff. Um, we've got Jesus Modena says dude, your content is great. Keep it up. Thank you guys, man. Thank you. Thank you. Thank you. I'll see you guys soon. We'll also give you update on the mining performance off my 3070. It might be really good. Maybe not. Who knows? And with that guys, thank you so much for watching the next stream. The next formal stream will be a Monday, 11 AM Hong Kong time. I'm just going to make that now whilst we're at it, I guess. And if you guys can, we have 500 something people watching, which is crazy. If you guys can, please do smash up the like button. It really does help the channel grow. Um, we also have something that's a little bit cool for ourselves. We call box mining clips. If you guys don't mind, uh, popping over, you can subscribe to box mining clips for shorter clips, um, off this type of video. So we've been getting community cuts. Um, it's been crazy. It's, um, it's been, it's been growing super well. It started like this was like a mini project that started three weeks ago. Uh, we kind of just wanted to dump out sections of this video to, um, fill you guys in in shorter periods of time. So these videos are like a lot shorter, like three minutes, eight minutes, 11 minutes. They're shorter videos. Um, subscribe to that. We're playing around with the YouTube algorithm too, to see how it works. So it's a little bit of an experimentation on my side as well. But, um, yeah, if you guys want to check out content at the end of the day, that's what we're delivering. We're delivering shorter versions of these videos with kind of more faster pacing. So if you guys are into that stuff, do, um, check that, um, uh, check that out. And I'm going to schedule the live stream for, um, I'm going to schedule that for Monday. And we're going to have that up there and then we can have the outro on this list here. Oh, wait, this is Monday. Put that up here. Right here. It's great. John Breams is grateful for rants. Thank you so much, John, for your $5 donation as well. It is grateful for rants. I, I, I, I, and I'll put that up here. I'll put that on today's stream as well. Error. Use a keyframe frame frequency of four seconds or less. Keyframes are not being sent often enough, which causes buffering. Um, current keyframe frequency is around 8.3 seconds. I don't get why. Huh? Anyways, looking at the YouTube errors. Anyways, that's, that's the, that's a video, um, upcoming video for, um, us here. Oops, something went wrong. That should be the upcoming video for next Monday. But it's something went wrong here. We know what happened to it. But anyways, uh, the stream's up guys. Um, just check it out. Make sure you subscribe. Make sure you click the like button. Make sure you click the notification bell. That really helps as well. To get you notified. Monday, Hong Kong time, 11 AM. That's when the next stream is. Check out the podcast. We're good to go. Thanks for watching today. I'll see you guys soon. I like to take the time now to tell you a little bit about everything that's happening in the box mining ecosystem. First and foremost, if you guys like listening to all that's happening in crypto on the go, then I would highly recommend you checking out the box mining Bitcoin out of the box podcast. And the reason why it's called Bitcoin out of the box is because we have a long interview segments, very much exploring the detail of the newest and latest of what's going on in this whole cryptocurrency space. The whole idea of it is to bridge that gap between knowledge, privileged institutional investors and the rest of us here in this space. Now with the podcast, it's on everything. So it's on Apple podcast. It's on Google podcast. It's on Spotify. Just search anywhere. Bitcoin out of the box. So just add that onto a playlist and I just follow the new episodes when it's released. Next up, we also have the box mining newsletter. So this happens roughly biweekly. We give you an update of the latest that's going on in a very summarized condensed format. So this is perfect for anyone that wants an overview of the market. Say, for example, what's happening with OKX, the biggest event, or maybe the little things like what's happening with different coins and overall the trend. So what I use the newsletter for personally, myself is to understand what kind of phase we're in in crypto to kind of get kind of in tune. So if you don't read crypto every day, the newsletter is perfect for you. Last but not least in the link down below. If you're a telegram user, we have the box mining announcements channel. So this is to announce you basically what's the latest videos coming up. But also we have a daily update, a community driven daily update to provide you an idea of the latest updates on a day. And a lot of people have been using that to get informed of the crazy amounts of trends that we see. And I have to give a big thank you for Claudio, our community member, for doing this. It's just been phenomenal. Definitely want to give you a shout out there, Claudio, as well for that. And taking us to the end of the live stream, so make sure, number one, you click like and subscribe on this video because it really does help this channel. And then, of course, check out the podcast. It's one of the best ways to know a little bit more, to extend that knowledge, especially in your spare time. And then, of course, check out the newsletter. If you want those updates and summaries and trends, newsletter is the place for you. And with that, guys, thank you so much for watching this video. I really hope you have a good one. See you in the next video. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.