Compass Mining Launches Hardware For Home Cryptocurrency Mining(Crypto Mining Equipment Hardware)
Compass Mining, the leading marketplace for Bitcoin mining equipment , has announced the launch of a new service called “At-Home-Mining” . As the name suggests, this service will allow marketplace users to search and order mining equipment that can be deployed in their homes.
This service, which is aimed directly at consumers, will allow everyone to buy machines and personally mine cryptocurrencies. The service helps bypass the need to pay setup fees by placing an ASIC mining device in your living room.
While mining cryptocurrencies, especially Bitcoin, was a process that anyone with a personal or laptop computer could handle quite easily, times have since changed. Over the years, crypto mining has grown into an industry in its own right, weighing billions of dollars and dominated by large companies using thousands of devices.
Most of those who have tried small-scale cryptocurrency mining have been forced out of business due to the high costs of hardware and power for such an operation. As a result of this development, Compass Mining is trying to restore the ability to mine cryptos for individuals.
“As Compass continues to expand the services it offers, it is actively seeking to make bitcoin mining accessible to everyone,” said Whitney Gibbs, Managing Director of Compass Mining. Ms. Gibbs adds “that with At-Home Mining, we are taking bitcoin mining back to its origins.
While industrial mining operations and individual miners primarily turn to Compass to help them secure space in one of our 23 accommodation facilities around the world, we have found that our customer base is very interested in setting up home operations. ”
Mr. Gibbs also explains that this new product gives miners greater flexibility in where to host their facilities.
Compass crypto mining hardware
According to the Compass Mining website, there are two options available to the purchaser of machines in the new service. Buyers can choose to purchase pay-per-view platforms and have three options to choose from: the Whatsminer M31S + for $ 8,100, the Whatsminer M30S for $ 9,750, and the Antminer S19 for $ 10,400.
The other option is to buy what the company calls its “ mini bundle ”. This pack includes six Antminer S19j Pro rings with a hash rate of 100 TH / s. The first unit will arrive in February 2022 and each subsequent machine will be delivered monthly through July 2022.
In addition, an all-inclusive hosting fee of $ 0.059 / kWh as well as rack space in Nebraska is included. According to Compass Mining, “each miner will have their own hosting contract from the day they start mining , and each miner's deposit will be returned at the end of the 12 month hosting period.” https://www.myminersworld.com/
Bitcoin mining pools allow Bitcoin miners to pool together their resources and also share their hashing power as they equally split the reward depending on the number of shares each member contributed to solving a certain block.Every Bitcoin mining pool member is awarded a “share” after they prove that their Bitcoin miner has been solved.
Mining Bitcoin in pools started a while back when the challenges of mining increased to a certain point where it would take slower miners several years to generate one block.But, the solution to this issue was for Bitcoin miners to pool together their resources as this allows them to generate their blocks much faster.
As a result, the miners were able to receive a part of Bitcoin Block reward consistently, instead of randomly—this could happen at least once after a few years.It is always advisable for solo Bitcoin miners to make sure that they are in agreement with Bitcoin network.
Also, if you are a member of the Bitcoin mining pool, then you should make sure that your behavior is in line with the philosophy of Bitcoin.For instance, a rogue developer can threaten to release software that could cause serious financial damage.
Therefore, you should make sure that your Bitcoin mining power doesn’t try to enforce network agreement rules you don’t agree with.Start mining now:Lifetime 0% pool fee’sUptime of 99.9%Fast reliable paymentsEasy getting started toolsAverage 1/6/24-hours Hash RateVisit this Mining Pool to get more information!
