A massive number of crypto proponents are now depending on crypto mining as a medium to passively generate income from crypto such as mining Bitcoin and Litecoin. Those who are willing to learn to mine and can invest their productive time can get maximum returns 24×7, 365 days a year. When it comes to entering the crypto mining industry whether as a beginner or a pro, ASIC (Application-Specific Integrated Circuit) crypto mining is considered the most efficient and profitable way of mining as compared to traditional mining of CPUs. Though, the cost of purchasing a competitive ASIC crypto miner is quite expensive for many investors. Fortunately, the alternative option is building an ASIC miner with the correct pre-built components.
To help the ASIC crypto mining aspirants, we have shared an expert guide that shows what miners should consider before trying to build their ASIC crypto miner, stating the key components that are required and providing a step-by-step process for the assembly of an ASIC miner rig.
ASIC Mining Is The Best Crypto Miner For Beginners
There are plenty of options when it comes to mining cryptocurrencies. However, as crypto mining involves competing with other miners, the more power it will produce the greater the chances of seeking lucrative crypto mining rewards. Due to this aspect, most potential miners turn to ASIC mining units and making ASIC the best crypto miner for beginners as it has the potential to produce greater processing capacity for smaller power input.
ASIC was specifically developed to improve the efficiency of the crypto-mining process. To make it possible, ASIC mining machines were designed to complete an important task with utmost efficiency and accuracy, i.e. solving the complex mining algorithm. Despite its efficiency in the crypto mining process, it is also important to note that ASIC is “application-specific and can handle one mining algorithm, and therefore, can mine one type of cryptocurrency. This is the reason why building an ASIC crypto miner is the need of the hour for many investors.
Can You Build An ASIC Crypto Miner?
Yes, it is possible to build an ASIC crypto miner as a beginner. There are a few factors that every miner should consider. These factors are:
Cryptocurrency to mine- Like Bitmain Antminer, ASIC miners are dedicated to solving the mining algorithm of one cryptocurrency. For instance, if you want to mine Bitcoin, then there’s a need for an ASIC miner that can potentially solve the Bitcoin algorithm.
Accessible components- Building an ASIC mining rig requires several different components that need to be shipped from different corners of the world. Keyes Miner is a one-stop destination where you can get the pre-built components of an ASIC mining rig, that simply means all the components of ASIC can be delivered to one location for your convenience.
Connectivity & Power components- Last, but not least, the infrastructure needs to be compatible for an ASIC crypto miner to operate. ASIC crypto mining machines need a consistent internet connection and a stable supply of power to ensure the efficient function of ASIC machines.
Steps To Build An ASIC Crypto Miner
Step 1: Access the viability of building an ASIC miner
Step 2: Find & purchase standard components
Step 3: Build an ASIC miner by assembling the components, including the rig frame, attaching cooling fans, aligning hash boards, connecting the hash board to the printed circuit board, and then finally, connecting the power supply.
Step 4: Install mining software to connect a mining rig to a blockchain network.
Step 5: Install a wallet and join a mining pool
Step 6: Start mining with ASIC
ASIC crypto mining is a profitable venture if you are well-versed in the mining steps. It can be turned more profitable if you follow this guide to lower the cost of building an ASIC miner with pre-built components. This guide outlines the importance of building an ASIC miner and the right process to build it.
