New cryptocurrency mining projects often carry significant risks due to extensive pre-mining by early miners, which can artificially inflate coin prices and create false ROI projections; investors should exercise extreme caution when evaluating new mining opportunities, as the combination of pre-mined coins, limited miner availability, and unproven blockchains can lead to substantial financial losses.
Deep Dive
Prerequisite Knowledge
- No data available.
Where to go next
- No data available.
Deep Dive
New IceRiver XP0 Miner… Opportunity or Rug Pull?Added:
What's going on, guys? Welcome. Rabid here and straight hot off the press, we got a new coin, new minor, new everything emerging for the cryptogambler. But is it worth it? Probably not. Let's take a look with what's going on. So, through this video, I'm just going to run through some quick things, see if this will peique your interest. So, there's a new coiner which we can see uh Xere which is partnering up with Ice River right here. They have a brand new miner for $8.99. It is listed and currently you can buy and sell it which is crazy fast. Um it is a mining pool that's being pre-mined like crazy. And it's also currently sitting at about $19 and it been bouncing up to $40 for anywhere from a 46 day ROI down to only a 23-day ROI. What the heck is going on? All right, so let's kind of slow this down a little bit. And if you're one of those people that just like to gamble and go crazy and you're just going to buy one of these just because, check that link down description to the AI profit calculator and order up from Ice River. I don't know about any third party vendors yet, but again, at the same time, you might not want to because who knows how long this coin is going to last. Things are looking not very good. So, we come into here, it does say, you know, 10 hours ago, big things dropping soon. Xer is leveling up.
Don't miss it. blah blah blah blah blah blah blah. You know, whole bunch of stuff going on here. Moving in. Ice River is the only miner. So, it's a new chain here, per se. Remember, it's not entirely new. We'll look at that later. It has been pre-mined for over two months already for the looks of things. But Ice River has the first ASIC. Now, because Ice River has this, we're probably going to see, depending how it does, gold shell miners, maybe a Bit Main miner, maybe a Bitmain pump, who knows? But right now, right at the get- go, it looks like it's a partnered deal with Ice River. And then coming into Ice River's website, we can see it's $899. I will have a link directly to this again if that's something you want to do. But coming in, we can see there's a price here. And this price has been starting on Coin Gecko, it looks like, since March 19th. March 20th is when this was listed. Now, I haven't heard about this coin.
Maybe you have, let me know. But I know nobody was talking about this till the recent announcement about Ice River today. But it does look like March 19th is when it was originally listed. And for some weird reason, usually they pump and then die. Now we're having another massive pump. Now this could be the Ice River ASIC pump. I have no idea. But for some reason, it's going up. So, I would say there's a lot of possible manipulation going on here because nobody's heard of this coin and it doesn't make any sense why things are coming to light all of a sudden, right, when there's a pump.
Let me know in the comments section what you think about that. Now, coming into the mining pool, let's take a look at this. There's currently, this is XPool.io, and there's 122 terraash online. You know, potentially around 800 of these miners. That's insane. And guess what? All these miners, even though this says two miners, all these miners are coming from pretty much one address. Here's 800 workers online. And go figure, they look like they're all in hash rate ranges of the ice. And you can scroll here for hours to get them all. You know, you can go down a lot faster. But I'm just saying they have all the miners pre-mining like crazy. So, pretty crazy here. It's being pre-mined like crazy. It's been online for I don't know. Can we see actually when these started earning?
And I don't even know if we can see it. Probably since day one. Here's earnings. What does it say here? 4 minutes ago. That can we go all the way down to the beginning? Nope, we can't. I have no idea. But for the most part, you know, these have been mining for probably since March here. So, a couple months now, pre-mining like crazy. Now, this is a very weird blockchain, and I don't really know what the block reward is. So, I was actually using some AI to help me figure this out because I couldn't get any defining answers. Giving them all the links I could find, doing everything. And pretty much what it came down to is this is looking like a 1 second blockchain. So, you know, cash fund stuff here, you know, one second. But not all of these have block rewards.
So, as you can see, lots of them have zero block rewards. It's only proof rewards or blocks that actually have a block reward. So, we can see this is a double chain. If you go onto their website, it does, you know, kind of say how this is working. Proof of work uh mechanism here plus XP BFT. So, I don't know exactly how this is all working. 5,000 plus transactions per second, EM EVM compatibility, 1 second block times, and like I said, you know, there's two blockchains happening here. So, kind of how we figured out is you can see there's main blocks and proof blocks. And proof blocks is where the miners are actually getting paid. And it looks like these are anywhere between, you know, here we can see three blocks in a minute, but this is around 1 minute block times or something. But again, I still don't know the actual block reward. I'm trying to figure it out. So, I just pretty much got an average of everything that's been mined so far based on the hash rate of those miners and kind of figured out probability from there. But, it's kind of weird because yes, it is. If you come here, it is a 1 second block time thing, but miners aren't getting paid for all the 1 seconds. We can see some here's a big one right here. So maybe this is the block reward right here. 7 seconds ago possibly. But again, I don't know. So we can't just go 1 second block times and say and now we're seeing there are some rewards in some of these. So sometimes it's also looking like if there's a transaction involved then obviously you're getting paid for that transaction as well. But a lot of these blocks are just worth zero. So I don't know. There's a lot of interesting stuff going on. I don't really know exactly how this blockchain is working yet. But the point here we're trying to look at there's a new blockchain with a new minor. Now let's kind of look at some probability over at rabid mine.com and the crypto and AAI profit calculator. You know we can put in the XP0 here and we could see $23.9 a day right now. That works out to be about a 38 day ROI. That's pretty crazy. Now that's at I believe I was at 12 power but I'm not sure. And remember this has been boosting up. It looks like a Leo is doing something crazy. Shooting to the top spot here for profit. updates pretty fast.
As you can see, numbers are bouncing around. Now, we see this is back in third, but I did see I've been watching this bounce anywhere from 16 upwards to around 42 a day. Now, which number is accurate? I don't really know because like I said, we're doing an average based on what those miners are making right now. And it's all over the place because I don't really know a block reward, but for the most part, it's looking pretty FOMO. And I would highly urge people to stay away from FOMO. But again, if you want it, click the link right here straight to Ice River's website and that'll get you all hooked up and ready to roll. But guys, this is very, very, very interesting.
You know, recently we just had the likes of uh Pearl coming to light, which is blowing GPU mining away again. Finally, ever since Ethereum, have we seen numbers like this? And there's a lot of exciting attitudes in the crypto space right now regarding mining. GPU mining is coming back.
Uh CPUs are obviously the worst type of hardware to mine right now. So hopefully something will pop up for them and now we're seeing another weird new speccoin emerge where maybe if you're early you might get lucky and ROI and then a whole bunch more like Caspa or it's a massive gamble and it's just going to collapse right from the get- go. Another thing, when I first put these numbers in, it was saying around a 53day ROI. And I thought that was interesting because if we look back and we say this has been listed, we're seeing the price kind of go up and down over the past 24 hours. It is going down. Now, based on a 53-day ROI, which is pretty fast in the crypto space, is are they possibly pre-mining to get their cost back and then they're just going to sell you their miners again to add on to their own double the cost. So, they're already pre-mining the crap out of this. Then they're going to sell you those miners. And then they're going to make more miners. Then they're going to make bigger miners. And you know how the whole thing works.
These early batch miners are going to be doors stops before you know it when the newer miners and bigger miners come on board. And then, you know, we don't know if Bitmain will get on board and then there's Gold Shell and whoever else decides to make miners for coins. But right now, you know, it's a speculation. What the heck are we going to do with this weird new coin? All right, guys. So, that pretty much wraps up this video. When I get some more information available how this chain works exactly and how this works and you know the Ice River miners and all that stuff, I will definitely update you guys. But right now, it is looking like there's a new chain that's about 2 months old being pre-mined to death by these Ice River miners. And now they're announcing these miners to sell to you guys. So, are you going to take the bait and bite and possibly order these up? I know some people have already messaged me on this and said they are, which is crazy. But you know what? Some people like to do it. Some people love that early gamble. You know, some people got very lucky when it came to Casper. Will this be the next lucky thing or will this just be a total collapse and end up being a giant waste of money? That is the gamble we have yet to see. But so far, it is looking like it's gearing up for a possible huge rugpull with that premine or they're just trying to get their money back from their miners before they even sell them. I have no idea. But I want to know your guys' opinions down in the comments section about this whole situation.
And remember, if you're looking for any type of probability, whether it's on some A6, maybe it's on GPUs, maybe it's some CPUs, or even your home little mini Bidax solo miners, head on over to rabbit mining.com AI crypto profit calculator. I'll see you on the next one. Rabid Out
Related Videos
The #1 Reason Your Top People Keep Leaving (How to Fix It)
Entreleadership
470 views•2026-05-29
What Happens After A Motorcycle Dealership Shuts Down?
FastestWay.1
374 views•2026-05-29
The Evolution of DSP's Pokemon Unpack-ack-acking Grift
Toxicity_Unmasked
2K views•2026-05-29
Help re-structure my finances, I want to buy a house, save and invest
JennNxumalo
2K views•2026-05-29
Asian Paints Q4 Results: Revenue Beats Estimates, 5 Key Takeaways For Investors
NDTVProfitIndia
111 views•2026-05-29
Trying to Afford Vancouver on a Single Income | $2,550 Mortgage
chelseaspursuit
308 views•2026-05-28
AI Investment: Data Centers & The Bottom Line
MemeTeamClips
134 views•2026-05-28
Are you busy but still feeling broke?
TaraWagner
305 views•2026-06-01











