Can someone please shill me the #bitaxe?
Discussion
It's the cheapest way to get some energy efficient mining hardware to play around and learn.
on sale right here https://t.co/TgPdHmj7pQ
about 40 sats per day on braiins pool
Isn't 40 sats a day currently approximately around 20 years of mining to get a payback for initial device cost?
Appreciate the responses. Tossing this out there to keep the convo going.
Not that the price is steep, but if you run an axeminer...that's not the same thing as running a full node, right?
Correct - a bitcoin miner (bitaxe) is trying to find blocks.
A node is listening to the networks transactions, relaying valid transactions and validating blocks.
Though, of course, the Bitaxe can be even more fun if you do also run a node and lottery mine using your own templates. :)
If you want to do that, getting an Apollo II might be a better way to go. Or, both, since they can work together.
Anyway, the Bitaxe is really fun.
Agree with szarka - bitaxe is fun and a great learning tool for those that want to understand mining a little bit more: solo mining (public-pool.io), pool mining (ocean.xyz), firmware upgrades, over/under clock, hash rate and efficiency - all part of running any size mining setup.
A bitaxe makes a nice conversation piece as well.
Running a node is fun in a different way - IMO it’s more of a ’software experience’ - connecting your wallet (sparrowwallet.com, zeusln.com, etc) to the node, managing lightning channels and running a server. Start9.com makes great node software (DIY) and complete hardware packages.
Not sure there is progression other than possibly:
- get your coins off the exchanges
- secure your seed phrase(s)
- secure your coins with a hardware wallet
Eventually:
- run a node and/or run a miner
#bitaxe makes running a miner at home a realistic option for many and that wasn’t always feasible before. It is a great learning tool on top of that.