Tag: home mining

May 25 2022

How To Set Up Uptime Monitoring For Your Home Bitcoin Mining Setup

If you’re looking for a way to keep an eye on your miners, this new Umbrel project helps you do just that.Umbrel continues to onboard awesome projects to their platform — most recently an application called "Uptime Kuma." Self- described as "a fancy self-hosted monitoring tool," Uptime Kuma is a project by Louis Lam that endeavors to ship a self-hosted version of "Uptime...

Apr 22 2022

Home Mining Experts Talk Strategy At Bitcoin 2022

A group of at-home bitcoin miners discussed strategies and things to consider for people who want to get started mining bitcoin in their own homes.The Home Mining Panel at the Bitcoin 2022 Conference was a collection of long-time...

Mar 31 2022

Basic Threat Modeling For Bitcoin Mining At Home

In addition to the KYC-free units of censorship-resistant internet money, mining bitcoin at home brings unique security threats.Home mining is one of the best expressions of individual sovereignty available, but every retail mining operation carries a variety of risks that need to be accounted for and mitigated as much as possible.Broadening awareness of the benefits of converting electricity into KYC-free...

Mar 29 2022

A Guide To Bitcoin Mining Telegram Groups

As bitcoin mining communities grow at record pace across all social platforms, Telegram proves that networking with bitcoin miners is easy.Mining communities across all social platforms are growing at a record pace, but Telegram is home to some of the most active cloisters of hobbyist and professional miners chatting and educating...

Mar 25 2022

How To Heat Your Home With Bitcoin Mining

This guide walks you through integrating a bitcoin mining rig into your home’s HVAC system, recapturing heat from the process and saving money.It is easy to forget, but innovation in Bitcoin is not purely digital.Most see our “magic internet money” as something purely esoteric, but there is one aspect of our ecosystem that squarely straddles the line between the digital and...

Mar 21 2022

How Retail Bitcoin Miners Outlast Their Institutional Counterparts

Retail bitcoiners miners can adapt to different market environments and, because of their incentives, they can stay in the market.If bitcoin is in a bear market, the mining industry will see competition sharply increase as profits drop. Mining then becomes a game in which the most agile and well- prepared participants survive while other miners are squeezed out. Some newer corporate mining entities,...

Mar 16 2022

From Hardware To Marketplaces, Retail Bitcoin Miners Are Reshaping The Industry

The surge of at-home and small-scale bitcoin miners is driving new hardware offerings, hosting services and a return to the practice’s roots.The Bitcoin mining industry is targeting retail miners more than ever before, and the mining market is fundamentally changing to serve this demographic.Part disruptive trend, part return to tradition, the focus on small-scale mining is an echo of Bitcoin’s early...

Mar 04 2022

At-Home Bitcoin Mining To Secure The Network

An at-home bitcoin miner describes his setup, offsetting heat costs, tax incentives and his role in securing the Bitcoin network.This piece is part of a series that features interviews withBitcoin miners about their experiences setting up and scaling mining operations, as well as their views on...

Feb 22 2022

From Delivery To Hashing In 15 Minutes: Setting Up The FutureBit Apollo Node And Miner

This guide walks you through setting up the FutureBit Apollo Bitcoin node and miner, letting you mine bitcoin at home within 15 minutes.This is a guide for getting started with the FutureBit Apollo Bitcoin node and miner. The Apollo is a full archival Bitcoin node, currently running Bitcoin Core version 22.0.0. Additionally, the Apollo is a Bitcoin miner equipped with 44...

Feb 18 2022

The Popularity Of Retail Bitcoin Mining Is Surging

Despite the bitcoin price remaining far from its all-time high, social data demonstrates that retail interest in mining bitcoin is surging.Some social data suggests that bitcoin mining is more popular than ever among retail participants as a surge in interest that started early last year continues, despite a market downtrend. Bitcoin is currently trading roughly 50% lower than its latest all-time high...

Feb 12 2022

How To Solo Mine Bitcoin Using Blockstream Satellite

Using Blockstream Satellite, this guide demonstrates how to mine bitcoin by yourself without placing trust in a pool.A version of this article was originally published on Medium.In light of some recent awesome...

Feb 01 2022

Tech Engineer Shares His Sats-Earning, DIY Home Heating System

A home bitcoin miner shares details on how he earns bitcoin while heating his home with a DIY ASIC setup.This piece is part of a series that features interviews with Bitcoin miners about their experiences setting up and scaling mining operations, as well as their views on the direction of the...

Jan 27 2022

An At-Home, 2.4 PH Bitcoin Miner On Immersion Cooling And Getting Paid For Heat

Coin Heated, a bitcoin miner who runs an immersion-cooled, 2.4 petahash operation at home, discusses his set up and future of the industry.This piece is part of a series that features interviews with Bitcoin miners about their experiences setting up and scaling mining operations, as well as their views on the...

Jan 23 2022

So You Just Bought Some Bitcoin, Now What?

There are three primary ways to take your Bitcoin participation to the next level: secure your keys, run a node and start mining from home.Congratulations and welcome to the Bitcoin network! This is the beginning of an exciting adventure full of countless resources, lots of helpful mentors and online friends who can become in-person friends if you go to local meetups or...

Jan 13 2022

Making The Decision To Mine Or Purchase Bitcoin

While mining is surely one of the most interesting ways to obtain bitcoin, the actual profit and benefit of doing so must be taken into account.For mining insight, others such as @Diverter and @Econoalchemist have published detailed reports on their experiences and lessons,...

Jan 04 2022

Compass Mining’s New Operations Manager On Home Bitcoin Mining, Power Agreements And S9 Leasing

The new mining operations manager for Compass Mining discusses his experience, offers tips for mining at home and predicts the industry’s future.This piece is part of a series that interviews Bitcoin miners about their experiences setting up and scaling mining operations as well as their view on the direction of the mining world. If you are mining Bitcoin and want to share...

Jan 03 2022

Bitcoin Mining At Home: Trend To Watch In 2022

Bitcoin Magazine gets an inside scoop on the hot at home mining trend from various companies in the industry.Home bitcoin mining is enjoying a wave of popularity right now as would-be bitcoiners recognize all the positive spin- offs of mining at home: home heating, greenhouse projects, and being a part of the bitcoin revolution.As 2021 draws to a close, Bitcoin Magazine has...

Dec 22 2021

Households Are Exploiting Cheap Siberian Energy to Mine Bitcoin

Russia’s cold climate and cheap energy lead thousands of households to mine bitcoin.After China banned bitcoin earlier this year, Russia became the world’s second-biggest bitcoin miner country. Its cold climate nurtures the perfect conditions for bitcoin rigs to function at top performance for long periods without fancy cooling systems. But in addition to enterprise operations, home mining is also becoming popular...

Dec 10 2021

Thinking Outside The Box With Upstream’s New Black Box For Home Bitcoin Mining

Upstream Data CEO Steve Barbour joins Bitcoin Magazine for an exclusive interview on their latest mining product, the Black Box.There’s a revolution brewing in Northern Canada on the Alberta-Saskatchewan border where Steve Barbour and Upstream Data are building new equipment for home mining bitcoin.The winter temperature in Lloydminster is well below zero but Barbour, CEO and founder of Upstream is on...

Dec 08 2021

How To Mine Bitcoin At Home On A Private Network

How to build a home network that prevents your ISP from seeing your data, isolates ASICs and allows you to mine Bitcoin without permission.A privacy- focused guide on building a secure home network with a pfSense firewall, explaining how to set up dedicated home networks to separate your family's WiFi web browsing from your Bitcoin mining traffic; how to configure a VPN with...

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