Hardware wallets are a great way to store your Bitcoin and other Cryptocurrency. They are safe and secure. Bitcoin mining operators have a problem with wallets, though, and need to perform maintenance on them to make sure they keep running well. The other day I wanted to use two months of mining earnings from my […]
Small Bitcoin mining operations have some advantages over the large operations. This video discusses actions to take and skills to develop to maximize revenue as a miner with 30, 100, 500, or 1000 servers.
There’s a lot to discuss when talking about Bitcoin Mining at Scale. I put together an introductory presentation on the topic. I’ll do more videos on this going forward. Check out this post I wrote last year about planning your operation: https://blockoperations.com/planning-your-bitcoin-mining-operation/ Here are a couple of pictures of a Bitcoin mining facility I am […]
As you start to build up Bitcoin, you are going to want to think about keeping it secure. There are two main choices – either let someone else protect it for you, or protect it yourself. Unfortunately, when you let someone else take care it, you have counterparty risk, and when you take care of […]
Bitcoin use and value is going to keep growing. It has been around long enough and has enough miners and nodes distributed around the world run by independent people that it is going to stay around for a long time. So it’s probably a worthwhile place to store some of your money. Bitcoin is also […]
Every once in a while a hashboard for an Antminer S9 will go bad. I look on the display and it has all XXXX’s on it. Before sending the board back for repair I’ll reboot it just to make sure that as soon as the machine boots up the hash board goes bad. I have […]
I just got a Bitmain Technologies Antminer R4 and APW5 power supply and I’m going to unbox and set them up. I’ve never seen one of these in operation before although I’ve operated many Antminer S7 and S9’s. R4’s sell out very quickly because they allow people to mine Bitcoin at home without deafening noise. […]
Operating a Bitcoin mining facility can be profitable, but you need to treat it like a business. I operate a small Bitcoin mining facility, and there is a lot more that goes into it than just plugging in the equipment and letting it run. It’s easy to set up a single Bitcoin mining device and run […]