How to start mining

[FP91G]

It’s possible, but depends heavily on electricity costs and the gear youre using. Don’t go in expecting big profits without doing the math first. You might want to look into pools like emcd to get started with steady smaller payouts instead of solo mining

Where do you think a newbie will get at least 10-20 kilowatts of power at a good price?
This is all good in theory, but when you start mining in practice, you have a lot of problems, because mining is usually not entirely legal.

[marcus222]

Home mining isn’t really worth it unless your electricity is dirt cheap. I’ve been using hashmole instead since I don’t want the heat and noise at home. It pays out daily and I don’t waste time fixing hardware. For me it’s more of a way to stay involved in mining without turning my place into a sauna.

[HodlIsComing]

Let’s say I buy a Bitaxe 4TH to mine at home, would you recommend leaving it in a pool or mining solo?

Bitcoin.

Easy to buy, harder to mine.

As a newbie you are, to mine Bitcoin it depends on two things.

1. Your electricity must be very cheap.
2. Your pocket must be heavy.

It costs a lot to mine Bitcoin in 2025 and its only getting started, mining isn't for many people anymore, there are also some things that can happen after you get everything running.

A hardware part can die on you, how long your equipment will last will always remain a misery.

I will choose to buy and hold or else I really want to mine as a hobbist, the past you was a miner? If no I recommend you think this through very carefully.

Well I do not think anyone can go big and make good money anymore.

You can go small and if you need a space heater it is okay to do.

Avalon Mini 3

https://www.ebay.com/sch/i.html?_nkw=avalon+mini+3&_sacat=0&_from=R40&_udlo=800&_udhi=1%2C500&rt=nc&LH_PrefLoc=1


Now you will not get rich on it.

My units you will not get rich on them.

or real small

https://altairtech.io/product/bitaxe/



but to think you can buy a container and fill it with 100 miners and play with the big boys  nope I would advise against it.

[NwWork]

Hello im kind of new is it still possible to earn some bitcoin with mining ?

The market is very unfair for normal human beings. Companies like BitFury pay as low as 3 cents in Kwh and also have tax-free zone, import miners without paying taxes and also pay zero tax in profits. If you have someone in the government, you'll be able to do that. Some people mine in places where electricity is free but you need someone from the government for that.

If you don't have access to free or very cheap electricity rates, then my suggestion to you is to not mine or only mine when Bitmain realises an asic miner for a coin that didn't have an asic before.

Easy to buy, harder to mine.

Easy to buy <-- Do you mean Bitcoin or mining equipment? I find buying of mining equipment very hard, I could never risk buying an Antminer from Bitmain from China cause I'm so afraid to receive a damaged miner. If any of them is damaged and I have to any of them back, the postal service in my country is so expensive that I'll pay the price of a mining equipment in shipment. That's why I have been sticking with GPU in the past, I'm sure Nvidia and AMD will give me a quality product.

Huh how is Bitfury tax free? They are established in Netherlands so any profits they make they will be liable to pay taxes on..

[NwWork]

Let’s say I buy a Bitaxe 4TH to mine at home, would you recommend leaving it in a pool or mining solo?

Bitcoin.

Easy to buy, harder to mine.

As a newbie you are, to mine Bitcoin it depends on two things.

1. Your electricity must be very cheap.
2. Your pocket must be heavy.

It costs a lot to mine Bitcoin in 2025 and its only getting started, mining isn't for many people anymore, there are also some things that can happen after you get everything running.

A hardware part can die on you, how long your equipment will last will always remain a misery.

I will choose to buy and hold or else I really want to mine as a hobbist, the past you was a miner? If no I recommend you think this through very carefully.

Well I do not think anyone can go big and make good money anymore.

You can go small and if you need a space heater it is okay to do.

Avalon Mini 3

https://www.ebay.com/sch/i.html?_nkw=avalon+mini+3&_sacat=0&_from=R40&_udlo=800&_udhi=1%2C500&rt=nc&LH_PrefLoc=1


Now you will not get rich on it.

My units you will not get rich on them.

or real small

https://altairtech.io/product/bitaxe/



but to think you can buy a container and fill it with 100 miners and play with the big boys  nope I would advise against it.

You go with the pool with lowest payout amount that way you will stand chance of getting more frequent payouts since alone clearing blocks take long time.

And for OP he/she should first use a mining benchmark software or online tool to find out hash rate hardware they are going to use like laptop/pc/phone etc how much it can generate while system runs stablely. Then if it is H/s or KH/s or MH/s or GH/s or TH/s you can decide which coin to mine. So as u see many here say BTC mining you need TH/s which means if your a person with limited low performance equipment BTC mining to reach the 1st payout will take you several years. So example if your getting H/s then your only option is coins that are cpu minable which can net like $0.36 per month with H/S of 400 if on rx/o algorithm so as others said this is great if your electricity cost is low or your equipment is crazy energy efficient or you are using solar etc free electricity sources

[shield132]

Huh how is Bitfury tax free? They are established in Netherlands so any profits they make they will be liable to pay taxes on..

I don't know what taxes they pay in the Netherlands but I know that in my country, they don't get taxed. The local government created a tax free zone, exclusively for BitFury, which means that any miner or any product they import from foreign countries, doesn't get taxed, they do not pay import taxes. BitFury also doesn't pay income taxes in my country and they get a very cheap electricity rates. I don't know if they pay anything in the Netherlands when they make profit in my country but here they have a heaven. No import tax, no income tax, extremely cheap electricity and protection from the local government.

I don't know why they are established in the Netherlands, their founder is a Latvian citizen, Valery Vavilov but maybe there are some other benefits that they get from this. I also want to mention that Yandex Taxi moved to the Netherlands when the war started between Russia and Ukraine. If anyone has any info on why they chose the Netherlands, I'll happily listen.

[FP91G]

Let’s say I buy a Bitaxe 4TH to mine at home, would you recommend leaving it in a pool or mining solo?

Bitcoin.

Easy to buy, harder to mine.

As a newbie you are, to mine Bitcoin it depends on two things.

1. Your electricity must be very cheap.
2. Your pocket must be heavy.

It costs a lot to mine Bitcoin in 2025 and its only getting started, mining isn't for many people anymore, there are also some things that can happen after you get everything running.

A hardware part can die on you, how long your equipment will last will always remain a misery.

I will choose to buy and hold or else I really want to mine as a hobbist, the past you was a miner? If no I recommend you think this through very carefully.

Well I do not think anyone can go big and make good money anymore.

You can go small and if you need a space heater it is okay to do.

Avalon Mini 3

https://www.ebay.com/sch/i.html?_nkw=avalon+mini+3&_sacat=0&_from=R40&_udlo=800&_udhi=1%2C500&rt=nc&LH_PrefLoc=1


Now you will not get rich on it.

My units you will not get rich on them.

or real small

https://altairtech.io/product/bitaxe/



but to think you can buy a container and fill it with 100 miners and play with the big boys  nope I would advise against it.

You go with the pool with lowest payout amount that way you will stand chance of getting more frequent payouts since alone clearing blocks take long time.

And for OP he/she should first use a mining benchmark software or online tool to find out hash rate hardware they are going to use like laptop/pc/phone etc how much it can generate while system runs stablely. Then if it is H/s or KH/s or MH/s or GH/s or TH/s you can decide which coin to mine. So as u see many here say BTC mining you need TH/s which means if your a person with limited low performance equipment BTC mining to reach the 1st payout will take you several years. So example if your getting H/s then your only option is coins that are cpu minable which can net like $0.36 per month with H/S of 400 if on rx/o algorithm so as others said this is great if your electricity cost is low or your equipment is crazy energy efficient or you are using solar etc free electricity sources

To calculate the payback of mining on a processor, you need to take into account the cost of the entire computer when calculating the payback. If you calculate this, you will understand that such mining is only profitable if you have this equipment.

[driverom]

Hello im kind of new is it still possible to earn some bitcoin with mining ?

I don't think its worth me mining now days its very expensive and you always need to take care of the miner and temperature its better to buy BTC and HODL
this is my opinion maybe I'm wrong

[NotFuzzyWarm]

I don't think its worth me mining now days its very expensive and you always need to take care of the miner and temperature its better to buy BTC and HODL
this is my opinion maybe I'm wrong

Not wrong BUT not entirely right either. Once ASICs started to be used in 2013, mining has *always* been expensive and always required upkeep and proper cooling.

All that has changed over the years is the earnings vs cost of electric power. These days if you can get power for less than around $0.08 - preferably much less - you should be able to (slowly) make profit. If your power costs too much and you cannot deal with the noise & heat then definitely buy BTC and HODL until you are ready to cashout a few years in the future.

[FP91G]

Hello greatings 

If you really want to get started with mining, first make sure you learn the theory well, and only then move on to practice. These days it’s easy to use ChatGPT as your assistant — it can walk you through everything step by step.

Good Luck 

ChatGPT can be helpful for an engineer, but for a beginner without experience, it could be even worse.
A typical ASIC already consumes over 3 kilowatts, requiring a separate power line and outlet. It's best to consult with an experienced miner, which can even be done online. You'll receive advice on ventilation, wiring, circuit breakers, and other security systems.