I made $2,600 in 90 days with these MatchX M2 Pro Miners!!!

welcome today we're going to review the m2 pro miner i have two of these miners we're going to review my initial costs uh daily profitability as well as some pros and cons i've found of running these miners over the past three months let's get started i ordered both these miners on december 8th of 2021 it took under just under three weeks to get come to my door i received them on december 27 2021 so there is a short time frame in terms of ordering and to actually receiving these miners i know some other miners out there such as helium miners can take several months to get your miner from order to uh delivery one positive of these miners is they are truly plug and play you really just connect them to an internet source via ethernet cord and let it earn money if you're enjoying this content please hit that like button it really does help the channel thank you all right we'll start off at the x website this is where i purchased my m2 pro miners i purchased two back in december the price is the same as when i purchased them 2499 euros they are calculating delivery in three to five weeks and they do come with only three antennas there's a fourth and ten sold separately but i found that you do not need the fourth antenna there's no real benefit besides cosmetically it may look nicer it does look odd that there's three antennas on there and there's just one spot that's missing but it really doesn't change the functionality of the miner so i wouldn't worry about purchasing that fourth antenna all right this next sheet is a summary of the matchx m2 pro it's the world's first lpwan iot crypto miner that means it's low power low mining costs and high returns some benefits it's user friendly it's easy to monitor your data earnings it does have its own built-in app the data dash app i found the app to be very easy to use and very functional in terms of being able to track my miner's online status as well as tracking daily earnings and making transfers in and out of the app via your wallet the miner is durable and secure it comes with equipped with a premium waterproof case make it safe for rain thunder and harshness of conditions they do recommend that you place this outside but at the moment there's no penalty for keeping them inside so i've chosen to keep both of mine inside these are also energy efficient and they cost less than it does to power light bulb making electricity costs not a uh input in terms of the profitability of these miners and then moving here um you can mine a variety of tokens including bitcoin ipfs mxc and dhx i've only mined mxc and then i also last month um joined in their trial of mining bitcoin with these miners essentially i had to stake 12 000 mxc and i was able to mine uh virtually bitcoin through my miner and then here they do a comparison of this miner against uh a popular bitcoin miner the bitmain antminer s19 pro you can see the cost is a thousand dollars less than this power consumption is much much less these are silent versus quite loud for bit mains no operating costs these are plug and play you can use them indoors or outdoors and you can connect this via ethernet or via a wi-fi connection mxc is the coin that these miners mine mxc is currently trading for just under 10 cents per coin it's ranked 193 in terms of coin market cap and it has a total market cap currently of 273 million you can see the trend over the past year this coin has been quite uh bullish especially since the rest of the cryptocurrency market is quite down at the moment it is nice to see that mxc is still in a strong bullish uptrend here then some background on mxc it's a web 3.0 infrastructure designed to connect real world and the metaverse the network runs on proof of participation mechanism with supernodes which aims to offer scalability and free open networks so you can really think of mxc this miner is similar to helium those are familiar with the helium network is trying to connect iot devices via hotspots located throughout the world these miners you do not need to have um be geographically separated via hexes they're not doing that but really they're putting in protocols to prevent people from having mult having a large number of these all in one location so i believe in the next month or so they're going to put limits where you can't have more than 10 within a 50-foot radius which shouldn't be a problem for most people unless you've got a large form of these all in one location then you'll have to split them up but if you do have a couple in one location my understanding is you won't be penalized for having multiple in one location then finally i saw this reddit post which gives a summary of um the match x m2 pro so let's go through some of these specs here it gives anywhere between ten dollars and fourteen dollars per day consistently so that's no matter what the price of mxc is if mxc falls substantially you'll earn more mxc per day um but if you calculate how many you're earning per day you're going to earn anywhere between 10 and 14 on average per day and it's good that the coins been in a strong uptrend because essentially any coins that you mined several months ago are now going to be worth more so really if the if the coin continues to appreciate in price you could actually on average earn much more than 10 to 14 a day i can have multiple miners in the same location or room it doesn't require that other miners be nearby those are aware of the helium network if you're out in the middle of nowhere and there's no other helium miners in your vicinity it could drastically decrease your earnings that's not the case for this miner this mine is token this as we mentioned this does mine multiple different types of tokens you can do test nets at bitcoin as well as a mining of dhx i have not tried dhx yet and then it looks like they're building out additional mining income as well i will link this in the description below so we can read it as you as you wish okay i put together a quick earnings break even analysis for these miners uh currently the price is 2499 euros euro usd rate is currently at 1.1 so your price to purchase one of these is 2748.90 there is also shipping involved when you're purchasing it and running between 20 and 30 i believe so if we do estimates based on earnings per day at 12 earnings per day you get a break even of your initial cost in 229 days or just over seven and a half months if you're earning ten dollars a day it's 274 almost 275 days to break even in just over nine months and if you're earning 14 a day it's 196 days to break even and breaking even in just over six and a half months now one thing to note as well with these miners one of the downsides i've found is there are penalties for withdrawing your mxe tokens and essentially if your first 90 days where you own the miner there's no penalty but after those 90 days are up you if you withdraw all the tokens that you've earned you'll essentially only earn um fifty percent of the capable earnings so your earnings could potentially be cut in half from fourteen dollars to seven dollars a day until you were to redeposit those coins i know a lot of people don't like this mechanism but it does reduce cell pressure on the mxc token as well as incentivizes people to hold on to their tokens for a long period of time so it really incentivize people to stay on the network i found a strategy i've read about people have used essentially they'll hold on the tokens until they get their complete payback and they will draw all their tokens and essentially improve in perpetuity uh earn half as much earnings so you can basically let's say you're averaging twelve dollars a day uh after seven and a half months you pull out all your initial earnings of mxc tokens so you you break even and then you earn six dollars a day from there on and you can essentially use that those earnings to buy another mxc an m2 pro and you could uh continue to build and buy more m2 pros and wires taking your money you're earning and uh putting it towards new m2 pros okay here i want to go over my actual earnings and break even actuals um i purchased two of these binders so my initial cost was 4999 euros euro usd rate today on april 2nd 2022 is 1.1 so just under 5 500 i purchased it on 12 8 21 received it on 12 27 21 i plugged it in the next day it's been running um every day since uh i purchased it i've earned over just over 25 000 mxc tokens i'm currently at the mxc price of 1034 that's earnings and usd of just under 26 hundred dollars um so it's been 94 days we've earned 266 mxc per day so a total earnings per day of 27.58 now you have to remember this is two minors so per minor i'm averaging just under 14 a day and i think the reason we're closer to that 14 number versus the 10 or 12 i reviewed earlier is because mxc has been an uptrend since so those tokens that i earned at the in december and january when mxc was at a lower price uh they're now worth more than now that the price has increased and then finally i want to go through the mxc app this is um there's an iphone app and an android app that you can download and you can track your miners online status as well as your miners daily earnings are other metrics that they're going to start uh tracking but there's no current timeline for that but making sure your your miner's up for i believe it's over 90 of the time gps is on altitude tracking orientation making sure it's upward facing and proximity making sure there's not too many miners in one location and then this fuel metric which essentially tracks if you've taken any coins out i did test taking out some coins last month and i yesterday i deposited most of those coins back so you can see i have two miners here they're both back online i have a health score of 91.88 for this first miner you can see my uptime is at almost 98 percent if we move on here to earnings you can see my revenue per day they were down here the last few days and that's because i had my 90 days uh went up after monday um so the penalty for withdrawing started to impact my earnings so i really took the the 12 000 coins that i had been using for bitcoin mining on this miner and redeposited them back into uh each my miners so my earnings should go back closer to that 12 to 14 a day to recap i've been very happy with my m2 pro miners i've received consistent earnings of just under 14 a day per miner i think the fact that you can order them and get them fairly quickly they are very plug and play they don't require any maintenance or upkeep or electricity they don't use any they don't make any noise the big downside i've found is the price point of the miners are is a bit steep compared to some other miners out there the penalties they put on you for trying to make a withdrawal disincentivize people from taking profits but it does make it more difficult to pull out your your profits into timely manners you really have to have a long-term focus with these minors be able to mine them for seven plus months before you can get your money back the break-even period is much less than many of the other miners we're seeing out there today many bitcoin and altcoin miners have break evens of well over a year so the fact that you can break even within seven months i think is a as a benefit and the fact that you consistently can get some earnings every day of that ten to fourteen dollars i think is another big benefit i know a lot of people that mined helium last year were making great profits of 30 to 50 a day and now now the market has kind of been swamped with miners helium helium hotspots a lot of people are seeing earnings and myself of one to four dollars a day for a lot of my miners so the m2 pro has a big advantage of providing consistent earnings every day that you can't say the same for a lot of helium miners and even with bitcoin miners network difficulty has been getting more and more difficult leading to decreased profitability for people if you have any questions or comments please leave them in the comment section below i'd be happy to answer them until next time thanks and bye

Channel: Swan Castle

Views: 1,428

Keywords: MatchX, M2 Pro, M2, miner, crypto, cryptocurrency, mining, investing, passive income, matchx M2 pro, IOT, IOT mining, helium, MXC, hotspot

Id: YqikwQIKHDM

Length: 14min 20sec (860 seconds)

Published: Sat Apr 02 2022