▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
This is a $100 Bitaxe.
It’s a tiny Bitcoin miner that, in theory, could win a full block worth hundreds of thousands of dollars.
Today I’m unboxing it, setting it up from scratch, and I’m taking you inside the warehouse where these things are made to show what’s real… and what’s the catch.
0:00 Intro: the $100 miner that “could” win a block
0:57 Unboxing the Bitaxe
2:05 Assembling the stand
2:43 Power + Wi-Fi: first boot
3:11 Inside the Power Mining warehouse (where these are made)
4:10 Who buys Bitaxe? (complete beginners too)
4:53 Full setup walkthrough (start to mining)
6:00 Create a receiving address
7:14 Wallet pick: BlueWallet
8:22 Bitaxe dashboard explained (what you’re actually seeing)
9:20 Should you buy one? What it can/can’t do
10:04 Running costs (electricity math)
10:42 Real odds of mining a block (Bitaxe vs network)
11:41 Lightning strike comparison (to sanity-check the odds)
12:39 Noise test: is it loud?
14:00 Discount code: CheersJoe
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Please note, NONE OF MY CONTENT CONSTITUTES FINANCIAL ADVICE.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
