Why Solo Mining is My Favorite Hardware Rabbit Hole

[HashRate Hero]

When i see those massive industrial farms and thinking Bitcoin mining was out of reach for the average guy.

It’s a perfect bridge between my interest in embedded systems and the reality of the network. At the end of the day, home mining like this isn't just about the lottery of finding a block; it's about the technical rigor and actually owning a piece of the decentralization.

[FP91G]

I'm not against home mining with such devices, but I urge you to be reasonable. These devices find a few blocks per year, but tens or hundreds of thousands of these mini ASICs are sold each year. Most solo blocks are found using a high hashrate. In this situation, the richest people will be those who sell lottery tickets.

[HashRate Hero]

I'm not against home mining with such devices, but I urge you to be reasonable. These devices find a few blocks per year, but tens or hundreds of thousands of these mini ASICs are sold each year. Most solo blocks are found using a high hashrate. In this situation, the richest people will be those who sell lottery tickets.

I got you ... it remains a lottery ticket ( a very small chance ) but it exist   as someone who likes gadgets i can concider it as an extra one ..... i place it near the modem and let it turn .... it s not a waste ( original price and monthly electricity) i prefer to let it run and watch my best Hashrate sometimes  

[FP91G]

I'm not against home mining with such devices, but I urge you to be reasonable. These devices find a few blocks per year, but tens or hundreds of thousands of these mini ASICs are sold each year. Most solo blocks are found using a high hashrate. In this situation, the richest people will be those who sell lottery tickets.

I got you ... it remains a lottery ticket ( a very small chance ) but it exist   as someone who likes gadgets i can concider it as an extra one ..... i place it near the modem and let it turn .... it s not a waste ( original price and monthly electricity) i prefer to let it run and watch my best Hashrate sometimes  

Sellers use similar methods to sell these devices to many miners. Why buy a boring lottery ticket from a kiosk when you can install a real, buzzing, high-tech profit generator next to your modem?

ASICs for mining are already obsolete. But buying such a stress-relieving gadget is like buying a ticket to a private club for solo miners.

[vapourminer]

ASICs for mining are already obsolete.

?

you mean home mining? or in general?

[philipma1957]

ASICs for mining are already obsolete.

?

you mean home mining? or in general?

I think it is a language barrier.

no miner works more efficiently than an asic.

So the newest asics are not obsolete

but the old ones like an s9 are obsolete.

[HashRate Hero]

It's just a misunderstanding of the word  obsolete!

 ASICs as a technology are irreplaceable and run the network via modern models, but older generations such as  the S9 are indeed obsolete because their efficiency J/TH can't compete with today's difficulty.


Older models rank in today  race are  simply late   , but the tech is king.

[vapourminer]

ASICs for mining are already obsolete.

?

I think it is a language barrier.

i think youre right.

thanks

[FP91G]

ASICs for mining are already obsolete.

?

I think it is a language barrier.

i think youre right.

thanks

I used 'obsolete' in the context of comparing them to solo mining devices. My English jokes usually miss the mark, but sometimes I actually make progress.To me, a device with a new or used mining chip pushing 6 terahashes for $200–$300 is already a joke in itself, but some people take it dead seriously.

In Russia, prices for used mining equipment

M30s++ 108th - $100
▫️M30s++ 110th - $120
▫️M50 112th - $135
▫️M50 114th - $150
▫️M50 118th - $165
▫️M50 120th - $190
▫️M50s 128th - $220

[HashRate Hero]

ASICs for mining are already obsolete.

?

I think it is a language barrier.

i think youre right.

thanks

I used 'obsolete' in the context of comparing them to solo mining devices. My English jokes usually miss the mark, but sometimes I actually make progress.To me, a device with a new or used mining chip pushing 6 terahashes for $200–$300 is already a joke in itself, but some people take it dead seriously.

In Russia, prices for used mining equipment

M30s++ 108th - $100
▫️M30s++ 110th - $120
▫️M50 112th - $135
▫️M50 114th - $150
▫️M50 118th - $165
▫️M50 120th - $190
▫️M50s 128th - $220

Those $100 Russian ASICs are a total trap. At 34 J/TH, they are just expensive space heaters. Russian miners aren't doing anyone a favor; they are just dumping their old, inefficient junk on naive buyers to get quick cash and fund their own upgrades to newer hardware. Unless you have free electricity, you're just paying to buy their garbage.

[FP91G]

ASICs for mining are already obsolete.

?

I think it is a language barrier.

i think youre right.

thanks

I used 'obsolete' in the context of comparing them to solo mining devices. My English jokes usually miss the mark, but sometimes I actually make progress.To me, a device with a new or used mining chip pushing 6 terahashes for $200–$300 is already a joke in itself, but some people take it dead seriously.

In Russia, prices for used mining equipment

M30s++ 108th - $100
▫️M30s++ 110th - $120
▫️M50 112th - $135
▫️M50 114th - $150
▫️M50 118th - $165
▫️M50 120th - $190
▫️M50s 128th - $220

Those $100 Russian ASICs are a total trap. At 34 J/TH, they are just expensive space heaters. Russian miners aren't doing anyone a favor; they are just dumping their old, inefficient junk on naive buyers to get quick cash and fund their own upgrades to newer hardware. Unless you have free electricity, you're just paying to buy their garbage.

There are regions in Russia where electricity costs less than 3 cents, such as the Irkutsk region. Russia ranks second in the world for mining, but approximately 50% of this is illegal. Many miners have very cheap electricity to mine with old ASICs.
There are also many more up-to-date models on the market, suitable for any budget.
used

T21 190th - $730
▫️S21 195th - $920
▫️S21 200th - $970
▫️S21+ 235th - $1560

[HashRate Hero]

ASICs for mining are already obsolete.

?

I think it is a language barrier.

i think youre right.

thanks

I used 'obsolete' in the context of comparing them to solo mining devices. My English jokes usually miss the mark, but sometimes I actually make progress.To me, a device with a new or used mining chip pushing 6 terahashes for $200–$300 is already a joke in itself, but some people take it dead seriously.

In Russia, prices for used mining equipment

M30s++ 108th - $100
▫️M30s++ 110th - $120
▫️M50 112th - $135
▫️M50 114th - $150
▫️M50 118th - $165
▫️M50 120th - $190
▫️M50s 128th - $220

Those $100 Russian ASICs are a total trap. At 34 J/TH, they are just expensive space heaters. Russian miners aren't doing anyone a favor; they are just dumping their old, inefficient junk on naive buyers to get quick cash and fund their own upgrades to newer hardware. Unless you have free electricity, you're just paying to buy their garbage.

There are regions in Russia where electricity costs less than 3 cents, such as the Irkutsk region. Russia ranks second in the world for mining, but approximately 50% of this is illegal. Many miners have very cheap electricity to mine with old ASICs.
There are also many more up-to-date models on the market, suitable for any budget.
used

T21 190th - $730
▫️S21 195th - $920
▫️S21 200th - $970
▫️S21+ 235th - $1560

Yeah all about risk  .I mean are you able to take it or no ..... In my country electricity can be free ; i mean you need only to buy  by solar panels and installation ...

[FP91G]

Yeah all about risk  .I mean are you able to take it or no ..... In my country electricity can be free ; i mean you need only to buy  by solar panels and installation ...

You will have to invest in your own equipment to get free electricity. But this free electricity will only last for 8–10 hours, meaning your ASICs will run for just 33–40% of the day.If you think this is an easy way to make money, go ahead and buy the equipment and ASICs right now.