The Bitcoin mining industry began as a cottage industry with individual miners able to mine Bitcoin on a laptop. Over time, the technology became more specialized and sophisticated, with large facilities taking over the industry.
Cryptos Mining Tech is betting that the launch of its at-home mining program will encourage bitcoin miners to continue mining.
Bitcoin miners play an instrumental crucial role in the security of the Bitcoin blockchain. The transactions are compiled into blocks, which are added to the chains as new blocks are added. Successful miners are rewarded with newly minted bitcoin (6.25 BTC) along with fees added to each transaction for the block. It's a lucrative payout if you're able to locate a block. It is easy to cut into your profits if you have to set up and operate your own bitcoin mining rig. In addition, the cost of mining at home has typically been prohibitive.
ASIC bitcoin mining rigs will be available for purchase from Crypto's retail program, so users can build their own in their homes instead of buying them from the manufacturer in bulk. You can get the WhatsMiner series from MicroBT and the Antminer series from Bitmain for between $8,100 and $10,400.
"We're excited to partner with Bitmain and MicroBT for top-notch ASIC mining hardware that has the greatest hashrate and the most efficient energy consumption.
Support for at-home bitcoin mining
While running your own machine does not mean you are totally on your own. Your rig can still be a part of a mining pool, allowing any rewards found by the pool to be shared with you in proportion to the hashrate you contribute. Joining a pool can increase your return on investment (ROI).
Using a profitability calculator, such as the one available on Braiins, can help you calculate your potential ROI, once you factor in the costs of the gear and electricity necessary to run your rig.
You can find more information on BTC miner ultimate.
Visit here: https://cryptosminingtech.com
