Blog about my bitcoin mining hosting journey, profitability and lessons
It’s been around 10 days since I purchased Bitmain Antminer S19 from Zionodes, and I have been mining successfully with it. I took the risk and bought from an unknown company hoping not to get scammed. I talked about the price of the miners and the hosting rate in my first post, so head over there … Read more
Compass Mining Hosting ASIC prices on their marketplace are now available. Bitcoin mining & hosting is experiencing a huge increase in demand and issues with supply. Something similar than what happened to gaming GPUs at the beginning of the Covid-19 pandemic. Back then everyone and their grandma wanted a new GPU because everyone was suddenly … Read more
As an almost complete rookie in the Bitcoin and mining world, I needed to decide which BTC wallet for mining to use to store all the mined Bitcoins. There are 3 main options to choose from: Exchange (eg Coinbase) Online/mobile app wallet Hardware wallet Exchange (eg Coinbase) I can have my mining proceeds sent directly … Read more
Zionodes.com Bitcoin mining hosting review. I came across this company recently and could not find any information online about them. So I decided to write this review to help other miners with their decision. After I ordered 10 Avalon 1246 from Wattum, I kept searching for other companies where I could buy and host my … Read more
So as mentioned in my about why I got into hosted bitcoin mining, I need to invest my capital of around $200k by the end of the year 2021, and it is already end of November now. The problem is availability of hosted miners and facilities. Most of the companies don’t have any space available … Read more
So there are several reason why I am investing, and why in hosted bitcoin mining. Let’s go through them one by one. I was lucky with Stock Options at the company I am working at and have free capital So yeah, this is definitely what made me start looking into hosted bitcoin mining. I must … Read more
Welcome to www.MyBitBiz.com. My name is Mark and my goal is to document my journey through Hosted Bitcoin mining. On my blog I will document my journey with experimenting with Hosted Bitcoin mining. I want to track my progress, share all the revenues and costs, and see whether with some starting capital making living through … Read more