This is the evolution of the price of Bitcoin over the last 5 years.
It is enough to make all those who hesitated to climb it
the train the rocket in 2017.
Since then, they have seen the price of Bitcoin soar without ever returning to “affordable” levels.
But today, a new mining system accessible even to neophytes could give them a chance to catch up.
The WiseMining team is offering you this sponsored article.
In recent years, competition among Bitcoin miners has become fierce
It is logical: their survival depends on their competitiveness with respect to the average of the participants.
An inefficient miner will not make a profit and runs the risk of never recovering the costs incurred to acquire their ASICs.
Hence a tendency to professionalize optimizing mainly in 2 aspects:
- Hardware: Staying Competitive Means Being the First to Change a Mining Tool That Is Becoming Obsolete
- the cost of electricity: settling in geographical areas where energy is cheap
Suffice it to say that this made mining inaccessible to ordinary mortals.
Participating in a race for the performance that would pale Aleksei Stakhanov is not possible when you spend 40 hours a week at work and want to have time to dedicate to your family.
Ultra-competitive mining: an open gap into which individuals could rush
Today the new generations of ASIC are no longer there game changer compared to the previous ones. Switching machines after a few months is not cost effective, even if the technology has evolved.
So there is only one lever left: electricity tariffs.
This is where individuals have an advantage (and size!) Over most professionals: they can recover the heat produced during mining.
And thus give a double use to its electricity consumption.
Meanwhile, professionals concentrating on mining farms are doomed to treat this heat as waste if not used on site.
And pay a fee to evacuate him.
Here are some figures to better appreciate the potential of domestic mining:
- Electricity accounts for an average of 37% of miners’ operating costs
- 1W of electricity is transformed into 1W of heat by ASICs, but that heat is wasted
- Individuals need heat for their home, to produce it they buy electricity at 17cts / kWh (ie an average of 1000 € / year for a house of 100m²)
- Others heat up with oil or gas and also see that their heating costs are influenced by their purchasing power.
As long as you have a system in your home that can recover the heat produced during mining, the same electricity can be used to produce bitcoins and heat your home.
This means that paying the heating bill will earn you bitcoins!
There is no need to worry about the price of BTC when professionals are constantly monitoring it and have to disconnect from the bear market because they are no longer profitable.
For your part, whenever you need heat (heating, hot water, swimming pool, etc.) you can mine and accumulate bitcoins that could well be valued in the expected return of the bullish market. .
In addition, the recycling of the heat produced is a strong argument against the pseudo-ecological discourse that keeps igniting the conversations in your favorite hairdresser.
Because you’ve probably heard it said, the Work Test it is evil incarnate, especially for those who have not taken five minutes to understand the concept.
That is also the question that is asked saviMiningNantes company specialized in the energy efficiency of buildings.
Bitcoiners from day one, its founders have been convinced that heat collection will soon be the norm in mining.
Such a substantial advantage cannot be left indefinitely in such a competitive environment.
Today, the only reason the heat is still wasted is because no viable technical solution has been democratized.
But not for long …
Since last year, WiseMining offers the Sato boiler ™ people looking for alternative solutions:
Sato ™ is a boiler that installs upstream of your current boiler, extracts noise-free bitcoins and transfers the heat produced to your heating circuit.
By using it, you will be participating in the upcoming revolution (already underway) in the Bitcoin universe.
One where home mining is the new standard as it allows:
- secure the network by increasing its decentralization
- easily recover the heat generated
It is enough to show crypto-skeptics that the lawsuit against Bitcoin for its energy consumption is unfounded.
Have you only heard of Bitcoin recently and regret not being able to invest before? Don’t miss the next opportunity.
Check now if your home is compatible and can make you a smart, profitable miner: https://wisemining.typeform.com/chaudiere-sato