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You're reading from  Bitcoin Essentials

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Published inFeb 2016
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ISBN-139781785281976
Edition1st Edition
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Albert Szmigielski
Albert Szmigielski
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Albert Szmigielski

Albert Szmigielski is a thinker, a computing scientist, a software engineer, and a blockchain professional. He holds a BSc in Computer Science and an MSc in Digital Currency. He has been involved in a number of start-ups and software projects. He believes in a decentralized, distributed nature of storing information, and hence has an interest in Bitcoin and blockchain technology. Albert is a researcher at CryptoIQ and a mentor at the Blockchain Institute. He frequently contributes to his blog at blog.cryptoIQ.ca.
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Best practices when mining with ASICs


Let us look into the recommended things do to when mining with ASICs. Mining is fun and it can also be profitable if several factors are taken into account.

Make sure that all your ASICs have adequate cooling; additional fans beyond what is provided by the manufacturer are always a good idea. Remove dust frequently as a build up of dust might have a detrimental effect on the cooling efficiency and therefore mining speed.

Note

For your particular mining machine, look up all the optimization tweaks online to get all the hashing power that is possible out of the device. Due to the large variety of mining machines, we cannot provide all the possible tweaks in our book.

When setting up a mining operation for profit, keep in mind that electricity costs will be a large percentage of your overall costs; hence, seek a location with the lowest electricity rates. Think about cooling costs; perhaps it will be the most beneficial to mine somewhere where the climate is...

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Bitcoin Essentials
Published in: Feb 2016Publisher: ISBN-13: 9781785281976

Author (1)

author image
Albert Szmigielski

Albert Szmigielski is a thinker, a computing scientist, a software engineer, and a blockchain professional. He holds a BSc in Computer Science and an MSc in Digital Currency. He has been involved in a number of start-ups and software projects. He believes in a decentralized, distributed nature of storing information, and hence has an interest in Bitcoin and blockchain technology. Albert is a researcher at CryptoIQ and a mentor at the Blockchain Institute. He frequently contributes to his blog at blog.cryptoIQ.ca.
Read more about Albert Szmigielski