Bitcoin Magazine
Make Bitcoin Mining Decentralized Again
Home mining is back. An opportunity not experienced since 2011 in Bitcoin, hobbyists are once again able to mine at home with consumer hardware. How? As it turns out not, everything is about return on investment. The home mining revolution, led by Bitaxe, a small hobbyist home mining device, hopes to create a whole new generation of Bitcoiners while disrupting Big Mining — by introducing them to a long-lost art of hobbyist mining. Here’s a big picture overview of this emerging market, from the biggest sellers to the cutting edge.
Once upon a time, in the age of Satoshi, anyone lucky or savvy enough to know about Bitcoin could just push a button on their home computer and start mining Bitcoin. (Back when 1 BTC was far less than 122,000 dollars.) The hobbyist days of mining existed because the coins were barely a dollar each. Miners would get 50 BTC per block and chuckle about it, not realizing how it would chan
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