Mining is not just “plug it in and it drips bitcoin” 😅. It’s almost like opening your own shawarma: looks simple, but then you pay for electricity, filter clients, and don’t sleep at nights. So here are 5 steps that will save you from failure:
1. Assess if you really need it? 🧮
Mining is not a game. Calculate the cost of electricity, equipment, and nerves. If electricity is 10 UAH/kWh — maybe it’s better to trade $BTC on Bybit?
2. Choosing equipment is like choosing a sword for a samurai ⚔️
ASIC or GPU?
ASIC — powerful, but homogeneous (mainly for $BTC)
GPU — flexible, but less profitable
Remember: take not what is trendy, but what can really pull its weight and won’t burn out in a week.
3. Place — the key to survival 🌡️
Hot ASIC in the room? Congratulations, now you have a sauna. Ideally — separate ventilation or grandpa's basement. And silence. Because the fans roar like $DOGE
at the peak.
4. Join a pool, don’t be a solo wolf 🐺
Solo mining is romantic, but a pool is stability. Choose a proven one: F2Pool, ViaBTC, or something that won’t disappear tomorrow.
5. Track your profits and don’t hold everything in hopes for a month 🌝
Even if $BTC goes up — don’t forget to sell part of it. Because the market is like the weather: there’s a forecast, but the rain still pours.
Mining is a marathon, not a sprint. And every step here is like a choice in a game: either +XP or “Game Over”.
Share in the comments: are you mining or just thinking about it? Or maybe you’ve already given up and are selling your ASIC? 😅