The cost of building a home mining rig is significant, but there are ways that would-be crypto miners can economize their build.
As Bitcoin (BTC) breaks into new all-time highs, with many predicting a bull market for 2024, some may be thinking again about mining crypto at home.
While Bitcoin mining may no longer be a viable option for home miners due to the increasing difficulty and the soon-to-be-halved rewards for mining a block, there are several other cryptocurrencies that one can mine at home.
Sources like WhatToMine can help people choose the most profitable based on their hardware. For example, a rig of six MSI GeForce RTX 3080Ti graphics processing units (GPUs) will be most profitable when mining Ravencoin (RVN) and bring around $170 per month. Zcash (ZEC) can bring in almost the same revenue while mining Clore (CLORE) can earn $158 per month.