Finally! After over a month of planning and gathering set up equipment we are officially mining bitcoin! This has been a roller coaster process. Filled with equipment setbacks and developmental setbacks. It was all worth it because we learned about miners which gave us more knowledge of crypto and I'm watching my bitcoins grow without effort every day!
I'm using pool.bitcoin.com and this is my dashboard. In just one days, my one miner has mined approximately $3 usd worth of bitcoin at the current market price! When bitcoin is $10000 it will be worth more.
I ended up purchasing these avalon6 miners off of eBay for $400 including the raspberry pi which controls the avalon6 miner.
Each one of these miners are capable of mining 3.5 ths.
Then I purchased this PSU, which is a 1200 watt power supply from Fry's electronics. This power supply is capable of powering one avalon6 miner. I went to Fry's to pick up this PSU by it was not available even though it said in stock online. I ended up purchasing another for slighter more that was available.
Setting the miner up took a few days simply because we didn't know what we were doing but it proved less complicated then it had to be. Hook up the power supply and access the Avalon dashboard. Also hook up the raspberry pi. Prepare to wait around while the unit configures itself and upload current software via SD card supplied with the raspberry pi.
The hardest part was figuring out the IP address for the raspberry pi to mine to my pool.bitcoin account. This was rather frustrating but eventually it was resolved and the avalon6 was registering on my account.
Now the avalon6 is sitting pretty and mining happily in good company at my amigo's @ackza!
It feels amazing seeing this investment at work. I can sit back and watch the bitcoin keep rolling in!
