Is it possible to install asics in an apartment?

Benefits of home mining

The very concept of blockchain implies maximum decentralization. Everyone has the right to keep the network running on their computer and get rewarded. However, with the rise of hash rates and the emergence of institutional miners, profitability has fallen dramatically. Although home farms lose out to industrial farms in terms of performance and revenue, they have several advantages:

• Rental savings. No need to buy or rent a garage, basement, or storage space for the farm, which makes the business much cheaper.
• Inexpensive energy. If you do not exceed the allowable limit (depends on the year of construction of the house), the management company will not arrange an inspection and will not change the tariff. Mining tokens in Siberia, the user will pay only $0.018365 per kW.
• Free choice of coins and methods of mining. The user can “dig up” any tokens alone or in a pool. At the same time, he has the right to overclock his own farm, put different programs on it, perform other manipulations.

Disadvantages of using an asic in an apartment

Although home mining on ASIC is cheaper, it is not recommended to engage in it because of the peculiarities of integrated circuits and the disadvantages of wiring in residential buildings. Reasons why you should not put asics in an apartment:

• Strong noise. The sound from miners reaches a level of 80-100 dB. For comparison: a vacuum cleaner creates about 90 dB. If you put 2-3 devices, it will be uncomfortable to be in the apartment. In addition, there may be conflicts with neighbors.
• High load on the wiring. Given that profitable miners consume from 2-2.5 kW, the farm can cause short circuits and even fire.
• Dependence on the Internet. For normal data exchange with the pool, devices must have a stable connection with minimal ping. Otherwise, redirects will reduce the daily profit by 5-10%.

Criteria for choosing an asic for home mining

It is difficult to assemble a farm for an apartment, because you need to pay attention not only to performance and profitability, but also to noise, power. When buying an ASIC, it is important to consider:

• Hashrate. The main parameter of miners reflects the number of calculations performed per second. The higher the performance, the more money the user will get. For example, in 2023, the ranking of ASICs by profitability is headed by Antminer L7.
• Algorithm. From it depends on the number of coins that can be mined. Most devices are focused on one algorithm, but there are devices with support for 2-4 technologies. BlackMiner F1-Ultra works with Handshake, K12, Odocrypt and Eaglesong.
• Power consumption. There are compact devices that need up to 500 watts (Baikal BK-G28, Jasminer X4-Z), and industrial miners from Bitmain that require more than 2-3 thousand watts. It is better to buy devices with minimal power consumption, so as not to overload and not to burn the wiring.
• Noise. It is important to choose quiet devices (for example, Antminer R4), in which the ventilation system is finalized and gaskets are used to eliminate vibrations. However, this is an optional criterion, since humming can be leveled with the help of a noise box.
• Cost. On average, the price of equipment is $1-10 thousand. In 2022-2023, the cost of some models fell by 50-80%. When buying, it is recommended to look not so much at the price tag, but at the payback period. It should be at least 1.5 times less than the duration of operation.

The best ASICs for an apartment

For a home farm, you need to choose devices with an optimal ratio of hash rate and power consumption. The profitability of the business depends on it. It makes no sense to buy just the most powerful device, which will “eat” the profit.

Based on the SHA-256 algorithm

Bitcoin, Bitcoin Cash, Litecoin Cash are mined on it. Of these tokens, it is more profitable to work with BTC, but it requires devices with high efficiency. Otherwise, the farm will “dig” in the minus because of a weak hash rate.

All asics for working with SHA-256 consume more than 3 kW. This should be taken into account at the time of purchase, because of weak wiring in the apartment will be able to put up to two industrial devices.

For mining coins with the SHA-256 algorithm, the most profitable are three devices. The data are collected on the basis of statistics WhatToMine.

Based on the Scrypt algorithm

In 2023, it has become a more profitable option to operate. This is due to less interest from institutional miners and, consequently, the relatively small hash rate of the blockchain. Coins with the Scrypt algorithm are profitable to mine on two devices.

How many asics can be placed in an apartment

The number of integrated circuits depends on the wiring capacity. You need to know the date of construction of the building, as well as the type of slab to understand how many asics can be put in the apartment. The details are in the table.

If there is no gas stove, then the wiring in the apartment is designed for 7 kW in buildings of any year of construction. However, in older buildings, you should not load the system with more than 3 kW, as they often have aluminum wires installed.

To determine the optimal number of asics, you also need to take into account how much energy the tenants plan to consume. It is necessary to add the power of the kettle, stove, TV and other household appliances to the ASIC.