Lecture: Setting Up and Using an Ethereum Sniping Bot with AI

Introduction

• Video shared for free to help with online earning using AI tools.
• Encouragement to support the channel for more valuable content.

Overview of Ethereum Sniping Bot

• Purpose: Automatically monitors the blockchain for new tokens and price changes to capitalize on profitable opportunities.
• Functionality: Buys or sells tokens before others can react, providing a competitive edge.
• Technology Used: AI tools like Chat GPT to create smart contracts on Ethereum.

Setting Up the Ethereum Sniping Bot

Step 1: Writing the Smart Contract

• Use Chat GPT to generate code for the smart contract.
• Objective: Hunt for sniping opportunities to earn Ethereum.

Step 2: Using Remix

• Remix Introduction: A web3 application for developing, compiling, deploying, and launching smart contracts.
• Prerequisites:
  • MetaMask browser extension installed.
  • Connection to the Ethereum mainnet.
• Process:
  • Create a new contract named bot.soul in Remix.
  • Copy the code from Chat GPT into the bot file.

Step 3: Compiling the Contract

• Ensure correct Solidity version (0.6) and optimization enabled.
• Compile the contract within Remix.

Step 4: Deploying the Contract

• Select Environment: Injected provider.
• Gas Fees: Confirm the deployment by paying gas fees.
• Note: Set gas fees to high for faster transactions.

Step 5: Initializing the Bot

• Functions:
  • Start Button: Begin monitoring and trading.
  • Withdraw Button: Stop the bot and transfer funds back to the wallet.
• Funding the Contract: Deposit Ethereum for trading. More deposits allow for larger trades.

Monitoring and Results

• Initial Results:
  • After 3 hours, a 25% profit was seen with several bot transactions leading to 0.58 Ethereum profit.
• Subsequent Monitoring:
  • Additional transactions increased the balance further.
  • Decision to withdraw profits after day-long monitoring.

Withdrawal Process

• Withdraw Action: Initiates transaction to transfer all funds back to the wallet.
• Confirmation: Check on Etherscan and Wallet to ensure withdrawal completion.

Conclusion

• Potential earnings between 3 to 6 Ethereum weekly, depending on network load.
• Note on video removal: Intended to attract new audience.
• Encouragement to engage: Share profits, like video, and subscribe.