Why don’t I buy mining equipment on my own and mine at home?

Why don’t I buy mining equipment on my own and mine at home?

Of course, you can do it that way! However, then you will have to face a rather long list of additional “narrow” places, where both your profit and your initial possessions may be vulnerable, and nobody would like that. Here is a brief list of the main nuances that you need to keep in mind when you make an independent purchase, placement and maintenance of mining facilities:




  • – Self-purchase of equipment is not always easy and safe. First of all, you need to choose a retailer. Pay attention to the constituent documents of the retailer, if you make this operation. It would be much safer to make purchases from a trusted retailer with a 2+ year experience and a feedback base and regular customers.



  • – Often people have been slipped with used / miners or other models of miners. Before you pay for the equipment, carefully check the logs, as well as run your ASIC for at least 30 minutes, to make sure that it is able to consistently maintain the increased power. Also quite often, the suppliers, hoping for the client’s illegibility, sell him another model of the miner. The differences between the same S9 (14.5) and S9i and S9 (13.5 TH / s) may not always be obvious, and an inexperienced user who, without noticing them, may find himself the owner of a knowingly unprofitable machine that has long been removed from the warranty.



  • – Shipping cost + customs expenses + VAT + commissions outbid. All this will affect the future payback of the project. That’s why cloud mining was chosen – everything is already included in the price.



  •  – The miners need to take care! Not only that miners consume electricity – in addition, they still produce a lot of heat and rustle like an average vacuum cleaner. And even having solved this problem, you have to be prepared for the fact that improper conditions and irregular maintenance of miners can lead to a speedy car breakdown, which means simple technology for you as an entrepreneur.