What matters in cryptocurrency mining is charisma.
Whether to assemble off-the-shelf parts or buy a dedicated device
To mine cryptocurrency at home, there are two main approaches: build a machine by combining off-the-shelf computer parts, or purchase a dedicated machine.
The former is basically the method I’m currently pursuing, using standard computer parts for the CPU, motherboard, power supply, SSD, memory, and GPU.
The latter includes ASICs developed to decipher SHA-256, which is the algorithm used by Bitcoin. In everyday terms, GMO has decided to release“GMO miner”.
This is a standalone machine that operates independently, and it supports cryptocurrencies such as Bitcoin and Bitcoin Cash.
Dedicated hardware isn’t sexy
It’s not a question of which one is more profitable or advantageous, but personally I don’t feel much appeal in the GMO miner.
The reason is that mining gains meaning and joy from creating money at home from ordinary parts and widely available tools. This is, of course, my very personal opinion.
Therefore, I’m not very interested in specialized machines. It’s kind of lacking charm. Normally you’d expect GPUs used for PC gaming to be capable of mining cryptocurrency, which would be amazing.
That said, the GMO miner is priced at $1999, which, if USD/JPY is 110, comes to about 220,000 yen plus tax. That isn’t completely unaffordable, and of course direct mining of Bitcoin and Bitcoin Cash is attractive.
Should I buy one for future study, just for reference?
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〜 Home Cryptocurrency Mining 〜
Mining treasure at home—that is the romance of a man
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The most cryptocurrency-obsessed man on the FX攻略.com editorial team, Musashi Shiknouchi (Kumai? but as in original: 武蔵鹿内),
fully reveals how to build a mining rig from scratch!!
Anyone can start home mining just by following these steps!
・At-home asset management! A complete guide to building a cryptocurrency mining PC
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