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Topic: Can you mine at home anymore? (Read 3488 times)

sr. member
Activity: 423
Merit: 251
July 29, 2017, 09:51:38 AM
#23
If you have a well ventilated garage or shed, you have a prime place to put a noisy miner.

If at home alone should be made just a special basement for mine, so we are also comfortable living at home alone, without any noise from our own mining tools
sr. member
Activity: 1008
Merit: 355
July 23, 2017, 11:02:50 AM
#22
You can use a gaming desktop to mine and get some money by the end of the month. I'm using nicehash and getting around 100 USD month with a 1060 (after electricity costs) - and I just mine when my PC is idle. It's not get rich money, but it's enough to pay some bills.

That is really interesting. Just earning $100 for one gaming desktop can already be good enough for me. Yeah, the whole idea is to earn money from mining primarily to pay the bill including electric, water and of course the internet connection. I am intrigue...may I know from what country are you based?
legendary
Activity: 2814
Merit: 1192
July 22, 2017, 03:04:46 PM
#21
Covered balcony is also a nice place for mining
Not always. If it faces south it's going to be hot as hell during the day. A north facing balcony that's high enough so it doesn't get too much dust from the street and enough  cool wind could work.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
July 21, 2017, 10:29:32 AM
#20
Its too costly to mine at work, so I mine at home Smiley Whenever there were instances, I always start up my day collating information in BTC and anytime.

+1 mine as a work is more risky than mining at home, if mining as a work your work is all the way investment including risks of your miners failure even they have high income to get your living; especially if you are only going to mine the bitcoin AND no way to mine any altcoin else
member
Activity: 70
Merit: 10
July 21, 2017, 03:42:13 AM
#19
Its too costly to mine at work, so I mine at home Smiley Whenever there were instances, I always start up my day collating informations in BTC and antimines.
hero member
Activity: 714
Merit: 531
July 20, 2017, 11:49:59 PM
#18
You have to install your own hardware at home. Before you do it, you need to prepare a list of requirements. I have mentioned it for you, as below:

    Electricity Supply - for running your machines
    Internet Connection - for connecting with the pool and servers (blockchain)
    Cooling - for keeping your machine cool and avoid damage
    Racks - for organizing the machines
    ASIC Miners - the machines that will mine bitcoins
This is requiring huge amount of money as your investment, but before that you will consider first the electricity rate in your country or area if you think that you can make profit and it will make the roi faster just go build your own mining site in your home but if the rate is too high i think it is not good to mine bitcoin.
member
Activity: 143
Merit: 10
July 20, 2017, 12:33:36 AM
#17
You have to install your own hardware at home. Before you do it, you need to prepare a list of requirements. I have mentioned it for you, as below:

    Electricity Supply - for running your machines
    Internet Connection - for connecting with the pool and servers (blockchain)
    Cooling - for keeping your machine cool and avoid damage
    Racks - for organizing the machines
    ASIC Miners - the machines that will mine bitcoins
sr. member
Activity: 434
Merit: 250
July 19, 2017, 05:40:08 PM
#16
Covered balcony is also a nice place for mining

Of course,this just take diligence to wait when mining and to be more eager to achieve and to succeed in this system. Mining at home is better.Mining takes time so mining could be a job you could work for even if you still have other chores to accomplish
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
July 18, 2017, 08:12:53 AM
#15
home mining is viable but mainly as a hobby. GPU/alt mining seems to be best bet. can make a decent supplemental income (or not; make sure to do the math).

gpu miners that are properly set up are largely "set and forget." just need a place to set them up. basement/attic/garage.. some place with decent ventilation.
legendary
Activity: 1316
Merit: 1014
ex uno plures
July 16, 2017, 08:32:21 AM
#14
Yes, if you plan on holding for a few years or more.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
July 14, 2017, 05:21:35 AM
#13
Closed place is also a great place for mining .. and when I do mining only in my spare time work ..
legendary
Activity: 1498
Merit: 1030
July 13, 2017, 04:22:18 PM
#12
Unless you have cheap electric, though, the S7 is not going to show much profit and you have a VERY high risk of never getting your money back out of it.

 Even with the mods Sidehack came up for it, it's about half or a hair LESS of the efficiency level of the S9 or R4, and a little better than half the efficiency of a T9 or Avalon 721/741.

newbie
Activity: 42
Merit: 0
July 13, 2017, 07:13:44 AM
#11
you should engage Antminer S7. its hash power is about 4.73 TH/s.
sr. member
Activity: 336
Merit: 250
June 21, 2017, 04:04:35 PM
#10
Covered balcony is also a nice place for mining
legendary
Activity: 1582
Merit: 1006
beware of your keys.
June 19, 2017, 11:40:58 PM
#9
if you mine at home, what about the GPUs?

GPU based rigs tend to be pretty quiet, if you set them up properly.

+1 although bitcoin mining, with the electricity fee deducted, won't get you profit, altcoins do. if you still have any GPU with a faster speed it is possibly giving you a profit without doing anything.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
June 19, 2017, 06:00:28 PM
#8
If you can stand the noise. Running an S7 in my house makes the slightly high pitched sound of fans go everywhere. There are quieter miners like the R4 for BTC but bigger miners like the S9 give the biggest bang for the buck. GPU mining is nice and silent though, most of the time.
legendary
Activity: 3248
Merit: 1070
June 19, 2017, 07:42:31 AM
#7
GPU based rigs tend to be pretty quiet, if you set them up properly.


it depend what gpu and if or not with additional front fant that are loud, especially now in summer, but soem gpu like palit with dual fan and not 3-fan are very quite indeed, other brand like asus are not silent
legendary
Activity: 1498
Merit: 1030
June 19, 2017, 03:44:35 AM
#6
GPU based rigs tend to be pretty quiet, if you set them up properly.
newbie
Activity: 17
Merit: 0
June 17, 2017, 04:25:44 PM
#5
You can use a gaming desktop to mine and get some money by the end of the month. I'm using nicehash and getting around 100 USD month with a 1060 (after electricity costs) - and I just mine when my PC is idle. It's not get rich money, but it's enough to pay some bills.
jr. member
Activity: 61
Merit: 1
June 03, 2017, 06:15:36 PM
#4
Quote
Unless you have extremely cheap electricity/free electricity that you can somehow obtain(hopefully legally), and you're not into mining because it's fun, but rather only for the profits, then no, it's not feasible anymore with so many pools operating and difficulty shooting up.

Yeah it seems like you're right. I mine for fun right now with some older hardware that I have (mostly USB stuff, never gonna make any money obviously). It seems that with the amount of power miners use and noise these things make, mining at home will not be feasible right now if I want to make a profit of any kind. Too bad.
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