Mining Bitcoin at home — Is it time to start? Market Talks

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Market Talks with Cointelegraph is live! Tune in to watch Justin Kramer and Ray Salmond discuss mining Bitcoin at home.

Doing anything from your house, whether it’s working from home or mining cryptocurrencies, comes with its own set of challenges, especially when you’re first starting out. We find out what some of those challenges are and how to overcome them. This is especially useful for anyone looking to set up their own mining rig at home. We discuss the five major things you need to realize before you start out and be ready for from day 1.

Mining Bitcoin or any other cryptocurrency is not as clear-cut as it once might have been. Electricity costs are constantly going up, and with the recent continuous downtrend in the, one really has to weigh the cost versus the profitability of mining. We ask Kramer what investors or anyone looking to get into crypto mining should do and what is the best way to calculate your costs and profit margins.

We also take a look at some of the key metrics and fundamentals miners keep an eye on to stay on top of the latest developments in the mining market and also the overall crypto market. Make sure to stay tuned until the end to get all of these insights and more. We’ll also be taking your questions and comments throughout the show, so be sure to have them ready to go.

Market Talks streams live every Thursday at 12:00 pm ET . Each week, we feature interviews with some of the most influential and inspiring people from the crypto and blockchain industry. So, be sure to head on over to

 

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