Please make sure to do your own research before making any decision on engaging a colocation business. This database contains some of the top facilities like Blockware, Compute North, Core Scientific, Frontier, Box Miner, and many more. There are many hosting options available in the US and Canada which can be found in a database here. The hosting business takes a “hosting fee” in return for setup, ensuring proper operations, electricity and ongoing maintenance. It is key to understand these risks ahead of hosting an ASIC at home.ĭepending on the considerations above and your electricity rate, it could make sense to send your ASICs to a mining hosting site.
In addition, mining hardware consumes a very significant amount of electricity, so running multiple mining ASICs in your home may damage your wiring or fuse board. ASICs can be intrusive in your home as they are extremely loud when operating (think a vacuum cleaner). They also usually only do this in smaller volumes due to power constraints. Some miners host ASICs in their own home if they have a good shed or basement. As of 2020 you ideally want to pay less than 7-8 cents USD per kWh.īy leveraging expertise in equipment procurement, operating with low-cost power, and more, miners can generate solid risk-adjusted returns, in many cases over that of Bitcoin mining. It is crucial that you source cheap electricity to use to power your equipment. On the operating expense side, this is largely dependent on your electricity cost. Also, make sure to factor in changes to the block reward to miners.
Usually, you want to assume some increase in network difficulty (decreasing the revenue) and make a prediction on the price of Zcash. The next thing to do is to predict how this will change over the investment horizon (2-3 years). At the time of writing this guide, 1Msol of hashpower generates $55 in revenue a day. POOL STATS CONNECT Pool Information & Features Reliable and transparent mining solutions. Please see below for pool features and fees.
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On the revenue side, you can check out the current profitability using many publicly-available mining calculators. ZHash.pro - The Best Zcash (ZEC) Mining Pool Zcash Mining Pool High Profit Dedicated Pool No registration required. Zcash mining economics can be distilled down to three inputs: revenue, operating expense & capital expenditure.
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