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The future of home Bitcoin mining is Bright


Frank continued X.

Home mining is probably the best way to decentralize the Bitcoin network, and things are moving in the right direction.

yesterday, Solo Satoshi announced the Bitaxe Touch, the latest device in the world of home bitcoin mining.

This new device will use the BM1370 ASIC chip from the Bitmain S21 Pro and will be able to hashrate up to 1.6 TH/per reach.

It also features a touch screen that displays Bitcoin network stats including total network hashrate, total network difficulty and block height.

Part of what's driving innovation like the Bitaxe Touch is the work of Open Source Miners United, a Discord group initiated by Scheme from Bitaxe with over 5,500 members where home mining enthusiasts share ideas and blueprints for new tools.

The group was set up so that anyone who wants to contribute to the development of the Bitaxe project can do so, and it even offers grants to specific contributors.

Those contributors' jobs will likely be made easier when Block publishes its own ASIC chipwhich mining tool developers will be able to use it in their tools.

And for those of you who are less technical but still want to get into the home mining space (and live in colder climates), you can always shop. Heat-heatwhich is essentially a plug-and-play home mining device that also serves as a space heater and air purifier.

Even with all these new tools coming to the market, I still believe that we are in the early innings of the home bitcoin mining movement and that this space will continue to grow as more developers and everyday people enter it.

Indeed, the future of home mining looks bright.





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