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Getting started Mining Bitcoin at Home
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Getting started with mining Bitcoin at home can be an exciting venture, but it’s important to approach it with the right knowledge and equipment to be successful.
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How are Bitcoin ASIC miners priced?
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How are Bitcoin miners, specifically ASICs, priced? It’s a complex subject, but I’m here to break it down for you as simply as possible. Understanding ASICs Application-Specific Integrated Circuits (ASICs) are specialized hardware devices optimized for a specific computing task. When it comes to Bitcoin, these circuits are optimized to execute the cryptographic hashing…
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Home mining electrical setup
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I’m not an electrician. My advice is to always hire a professional when it comes to working with electricity and installing what you need to setup your home mining operation. Electricity is VERY DANGEROUS and getting it wrong can cause death, fires and serious injury. When I first started learning about Bitcoin and Bitcoin…
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Choosing a Bitcoin Mining Pool
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My goal with this post is to help you understand what mining pools are, why they exist, how they work and the differences between the various pools so you make an informed decision on which mining pool is best for you. In this post I’ll cover; In 2009 when the Bitcoin network first launched,…
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The 4 Phases of the Bitcoin Mining Cycle
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Understand the 4 phases of the mining cycle so you can make better ASIC & BTC purchasing or liquidation decisions. In 2021, a new S19 Pro(110TH) miner was over $12,000USD and now, the same miner can be purchased for less than $7,000 The ASIC miner market is as volatile as the bitcoin price and…