While home miners are collectively buying thousands of new machines, the industrial players are buying millions. So while she expects the number of home miners to increase, she guesses their share of the network will shrink.
“Even if they’re running at a small loss,” said Voell, “they’ll run an ASIC or two just to participate in the network.”
She likes that she didn’t need to be a mechanic or an engineer (her background is in finance); she just followed the DIY tools of the community and figured it out. She didn’t need millions of dollars of capital; she just needed a few hundred bucks and a willingness to learn.
An archive for this post might be easier to read, as it has no ads:
Don’t Call It a Comeback: The Unlikely Rise of Home Bitcoin Mining https://archive.ph/O1w0I
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This was part of CoinDesk's Mining Week: https://www.coindesk.com/layer2/miningweek
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Here's an earlier post on SN for an example of a casing that permits ASICs to be run in a home environment (e.g., basement room) such that the noise is lessened and the heat can be directed:
Thinking Outside The Box With Upstream’s New Black Box For Home Bitcoin Mining #13715 https://bitcoinmagazine.com/business/upstream-new-blackbox-for-home-bitcoin-mining
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Here's a post on a competitor's Miner Box:
🎥 Miner Box - Hanging ASIC rig enclosure for the greenhouse #11067
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