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Author Topic: DG Hydro 1 from ElphaPex: To Buy or Not to Buy?  (Read 159 times)
doubletheprof (OP)
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January 06, 2025, 08:51:15 AM
 #1

Hey everyone,

So, the DG Hydro 1 by ElphaPex is set to be released soon, and I’m debating whether or not it’s worth the investment.

According to: https://www.asicprofit.com/miners/elphapex/dg-hydro-1  the miner is expected to launch in March, with a current estimated annual profitability of $18,185/year (assuming an energy cost of $0.05/kWh)https://oneminers.com/pages/ethiopia-hosting-center



Of course, profitability will likely decline as more units hit the market, but if you can grab one in the first wave, there’s a solid chance to make a decent profit. Smiley

That said, I do have one concern. The DG Hydro 1 is a hydro miner, and my past experiences with hydro models haven’t been great—let’s just say they were more trouble than they were worth. 😅 Have these issues improved over the last couple of years? Are hydro miners more reliable now?

What do you think? Are you planning to buy the DG Hydro 1, or are you steering clear of Dogecoin miners altogether? Let me know your thoughts!

Cheers!


Crypto enthusiast | Focused on altcoin mining & holding Bitcoin | Exploring the future of decentralized finance
FP91G
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January 06, 2025, 11:48:58 AM
Merited by nutildah (4)
 #2

The problem with any hydrominer is that it requires an additional fluid cooling unit. It is easier and cheaper to buy a noise box and an asic with air cooling.

But since you mentioned oneminers, which is cloud mining, I would recommend not using such services.
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January 08, 2025, 04:24:58 PM
 #3

    The problem with any hydrominer is that it requires an additional fluid cooling unit. It is easier and cheaper to buy a noise box and an asic with air cooling.

    But since you mentioned oneminers, which is cloud mining, I would recommend not using such services.

    Well, it's not a cloud mining service for several reasons:

    You actually own the ASIC miner being hosted. This is a major difference from cloud mining, where you’re just renting hash power and have no claim to any physical equipment.

    Cloud mining often raises concerns about whether the advertised hash power even exists. Here, you can verify your device and its operation.

    Instead of vague contracts, they provide a straightforward hosting service.

    Unlike cloud mining, where fees are often bundled or unclear, you pay for the actual energy consumed by your device.

    Since you own the device, you’re not locked into a long-term contract. You can sell it, upgrade it, or move it somewhere else whenever you want, which isn't possible with cloud mining.

    When your device reaches the end of its lifecycle, you still have options—upgrading, selling, or repurposing it. With cloud mining, once your contract ends, there’s nothing left.[/li][/list]
    Bro, if you found such a reliable partner, why are you asking questions?
    Sure, invest all your money in ASICs, then send us a photo of your Lambo.
    doubletheprof (OP)
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    January 09, 2025, 08:51:54 AM
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    Maybe try to read the thread first... lol

    Iam asking because i do not have enough experiences with new hydro asics and I'm trying to find an answer wheter they are reliable or not nowadays

    Crypto enthusiast | Focused on altcoin mining & holding Bitcoin | Exploring the future of decentralized finance
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    January 09, 2025, 11:21:13 AM
     #5

    Maybe try to read the thread first... lol

    Iam asking because i do not have enough experiences with new hydro asics and I'm trying to find an answer wheter they are reliable or not nowadays
    This ASIC, according to reviews, will go on sale in March of this year. If you look at its specifications, this ASIC is made for installation in a special rack with water cooling.You need to contact the seller or manufacturer and get more technical information.
    The easiest to install, repair, and maintain are air-cooled ASICs. If you don't want to be a pioneer, then Bitmain Antminer L9 (17Gh) is on sale now, is cheaper, and has better energy efficiency.
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