The video shows a first-person view of a Minecraft player placing a dispenser on the ground and then placing a lever on top of it. The player then places a block of diamond next to the lever and activates the lever, causing the diamond block to break and drop diamonds. The player then places a chest next to the diamond block and activates the lever again, causing the diamonds to fall into the chest. The player repeats this process several times, each time placing a new diamond block and activating the lever to collect the diamonds.