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A mining farm is a structure that consists of special equipment aimed at mining cryptocurrency. The main incentive for its owner to create a mining farm is the opportunity to generate income. Profit is generated by finding cryptocurrency blocks that use the algorithm. The most interesting of them are Bitcoin, Ethereum, Grin, Bitcoin Gold, Monero and others. Profit will depend directly on the number of devices on the mining farm and on the cost of its maintenance.

In most cases, large farms operate in warehouses and hangars. If it is a small installation, then the miner can locate it at home.

To determine the equipment, namely its efficiency, miners use special services - calculators. Such resources give an approximate idea of ​​earnings in a certain period of time.

We will talk about which mining farms are best to use, how to install them and how much you can earn from it later in the article.

What is a mining farm

This is a powerful computer system configured for cryptocurrency mining. In simple words, this is an installation that consists of two or more units of special devices located in one place, and aimed at mining cryptocurrencies by implementing complex calculations.

So, as they make decisions, the miner receives a reward, while the new mined block, which directly contains this solution, is added to the cryptocurrency.

In essence, managing a mining farm is no different from mining on one device - the only difference is in scale.

Mining farms can operate thousands of pieces of equipment simultaneously. It is for this reason that their main location is in areas with a cheap but stable supply of electricity. Note that mining equipment manufacturing companies own some of the largest mining farms in the world.

And although it may seem that only the richest companies can operate a mining farm, in fact, anyone can create one. All you need is a couple or more devices and an Internet connection. Plus, doing it on a smaller scale is still profitable these days.

Types of mining farms

CPU farms

These are designs that implement the mining process based on the operation of the central processor.

Today, CPU farms are the least efficient option for mining, but they still have a right to exist.

FPGA farms

Field Programmable Gate Array - devices that support programmable matrices, thanks to which, in fact, the process of mining cryptocurrencies is carried out. This type is interesting to miners not because of its mining speed, but because of its energy efficiency.

So, if a typical video card with a bandwidth of 600 MHz/s consumes up to 400 W of energy, then the FPGA provides a data transfer rate of 826 MHz/s with a power consumption of about 80 W.

But this their only advantage, and therefore this type of farm has not received wide recognition among miners.

ASIC farms

These are designs of specialized integrated circuits designed to handle a specific blockchain. And although ASIC miners are more expensive than their alternatives, the performance of these rigs is also much higher than that of competitors. This type will be the optimal solution for mining coins on the Bitcoin, Bitcoin Cash or .

How does a mining farm work?

Let's start with the fact that the power level of a mining farm is tens of times higher than that of a home computer. In addition, this power is aimed at one operation (cryptocurrency mining), and is not used to support programs and the system as a whole, unlike, for example, a central processor.

The result of the work depends on the number of devices and power. Note that miners participate in mining not for pleasure, but, first of all, for money.

As the farm starts, the equipment performs complex calculations aimed at finding a specific number that satisfies one predetermined and well-known condition, after which a block is created for which the miner receives a reward.

Thus, the greater the power aimed at decoupling these calculations, the faster the solution will be found, and, therefore, the sooner the reward will be received.

In order for a farm to operate efficiently, its condition must be monitored. Depending on the scale, the correct operation of the equipment can be monitored by either one person or an entire team.

It is necessary to regularly check the system for possible errors and information about the operation of mining pools.

To avoid viruses and other malicious software entering the system, it is not recommended to download firmware for overclocking equipment from third-party resources.

If devices are identified with a hash rate that does not meet the standards, the problems must be confirmed and resolved in a timely manner. If the problem cannot be corrected on site, the equipment should be sent for repair or returned to the manufacturer for maintenance.

What is needed for a mining farm

In order for a mining farm to generate the desired income, its owner needs to take care not only of the correct assembly of the structure, but also of certain components that will facilitate its maintenance.

Accessories for mining farms

For an effective mining process, the farm must consist of the following components (we will look at the example of a farm for mining from video cards):

Motherboard. A powerful motherboard can increase the life of the farm (ASRock, AFOX, Gigabyte, Asus).

Power unit. Mining consumes a huge amount of electricity. It is recommended to use a power supply with a power of at least 750 W depending on the needs (GreenVision, Chieftec, Aerocool).

Processor (AMD, Intel).

Video cards. The optimal number of cards for one farm is 4-6 units, with a speed of at least 400 h/s (Nvidia, AMD, Sapphire, Gigabyte, Asus).

RAM. For the installation to run efficiently, you will need at least 4 GB of RAM.

Riser cables help connect graphics cards to the motherboard (Atcom, HQ Tech, Cablexpert).

A hard drive, in fact, is only needed to install the mining farm software (60 to 120 GB is enough).

A fan will be needed for additional cooling (NSI, Zotac Polit, Gigabyt).

The Linux operating system is considered the best operating system for mining. However, Windows or iOS are still excellent alternatives.

Accessories - monitor, keyboard, mouse and USB cables. They will be needed to set up a mining farm.

Assembly housing - will help secure all components of the installation.

Necessary characteristics for profitable mining

The selected mining farm must have certain characteristics in order for its owner to receive income from mining:

Ratio of power and energy consumption of the device

First of all, we pay attention not only to the cost of mining equipment, but also to its return. The fastest payback is the main goal of every miner. Therefore, the ratio of power and energy intensity will directly affect the amount of income received.

Memory capacity and speed

Affect the availability of algorithms for mining. Cards with a small memory capacity are unable to mine a large spectrum.

The memory capacity of a mining farm based on video cards must be at least 4 GB.

The efficiency of mining and, accordingly, its profitability depend on the speed.

Difficulty of operation

On the other hand, the number of installed video cards directly affects the stability of the farm, as well as the level of complexity of setup and operation - accordingly, the fewer there are, the easier it is to set up the farm.

How to choose mining equipment

Note that only cryptocurrencies built on the PoW consensus mechanism participate in the mining process.

However, since different blockchains use different algorithms (SHA-256, Equihash, X11 and others), the hardware requirements vary for each mined coin.

In many cases, devices are designed to solve only one of these algorithms. For example, the equipment used to mine Monero (XMR) will be less efficient when mining Bitcoin (BTC), or even ineffective. But at the same time, the mining of many cryptocurrencies can be carried out on the same device. The choice and expected financial result will depend on the coin.

How to build a mining rig

How to make a mining farm:

1. Step 1. Decide on the premises.
2. Step 2. Decide on a coin to mine;
3. Step 3. Create a wallet to store the coin;
4. Step 4. Install mining software;
5. Step 5. Join the mining pool;
6. Step 6. Set up a mining farm.

Below you will find a description of each step with all the details.

Preparing to install a mining farm

The first step is to decide on the scale of the activity. If this is a setup that includes up to several dozen cards, then it can be assembled at home. But if there are hundreds, or even thousands of devices, then there is no question of living space. First of all, they are very noisy and have high heat transfer. This may cause inconvenience when living in an apartment.

In addition, mining farms require certain conditions for effective operation, including moderate humidity and temperature in the room, in the presence of a powerful source of electricity.

You should decide in advance what cryptocurrency the mining farm will produce. To determine the most profitable coins, profitability calculators are usually used, which will be discussed below. Once the coin is selected, all that remains is to decide on the equipment and start mining.

But how will the user receive his coins if he does not have a wallet to store cryptocurrencies? No way, in any case you will have to create a cryptocurrency wallet. This can be a mobile application, a hardware device or a web application into which the reward will be received with the possibility of subsequent storage.

Bitcoin Gold

The Bitcoin Gold project officially started on October 24, 2018. The main goal is to return mining from large farms to PCs, for which a transition was made from the SHA-256 algorithm to Equihash.

Thus, Bitcoin Gold does not support ASIC mining.

). Zencash can be called an intermediate solution between the previous two. ZEN miners get 88%. Current market value is $5.21 according to CoinMarketCap.

Zclassic

Zclassic is another fork of the popular and widely used cryptocurrency Zcash. The fundamental difference from the mother coin is that the entire reward goes to the miners, and 20% of the mined ZEC goes to the addresses of the developers. Current market value is $0.31 according to CoinMarketCap.

RavenCoin

This one appeared in 2018 and already boasts high liquidity. Today, the cryptocurrency ranks 39th in the CoinMarketCap ranking with a market value of over $159 million. It uses the X16R algorithm and the PoW protocol. Mining reward: 5000 RVN (blocks are mined every minute). Current market value is $0.24 according to CoinMarketCap.

In addition to the cryptocurrencies presented above, dual mining of coins like LBRY or on additional GPU memory may be of interest. It is better to mine coins such as Loki or Sumocoin on a processor.

Watch a useful video on how to properly assemble a mining rig and make cryptocurrency mining more profitable in 2020:

Profitable mining farm in 2020

Creating a mining farm with your own hands may be of interest to those miners who do not want to spend money on purchasing a ready-made structure.

Housing Installation

The first thing we need is a body. It is recommended to use an aluminum frame, as they are more rigid and flame-repellent than wooden ones. It will help hold the equipment. If the farm consists of 4 video cards, you can use an old computer case, box, rack, etc. as a frame.

Installing the motherboard

Place the motherboard on a flat, non-static surface and carefully insert the cable into the connector. Place the motherboard into the case and secure it with screws.

Be careful not to let the motherboard touch a metal surface, as metal surfaces conduct current.

Installing the power supply

You need to connect the motherboard to the power supply. It is advisable to bundle all additional cables that may interfere. Sometimes it can be difficult to secure the wires neatly, so be patient.

The next thing is for the GPU. This is to take the power cables and place them near each GPU location along the structure.

Adding a GPU

Before you start connecting the GPU to the motherboard socket, secure them in the case. After that, connect all the cables to the GPU. The benefits of GPU mining will outweigh CPU mining. So, a GPU mining rig will cost more than a CPU, but it will have higher hashing power. It will also support mining a wide range of cryptocurrencies with different hashing algorithms, which also brings additional benefits.

A mining rig assembled by yourself may be cheaper from a financial point of view, but it is unlikely to justify itself in terms of time and labor costs compared to a ready-made structure. Therefore, before choosing a solution, you need to carefully calculate everything.

Buying a ready-made mining farm

If you want to start mining as quickly as possible, purchasing a pre-assembled rig may be the best solution. It will cost more, but it will save time (in the sense that the miner will be able to start getting his money back much faster).

Many companies offer a ready-made assembly for purchase at a price of $2000 or more, depending on the selected characteristics.

Any of them will pay off in no less than a year. If you have no experience in creating farms, then it is better to go this route.

Note that in addition to the difficult assembly, managing a large GPU mining rig will require much more effort than managing an ASIC data center. In this regard, large players choose the second option, leaving mining on video cards to small companies and individuals.

If a miner can afford to mine on an ASIC farm, then he will not only get a simpler farm in terms of hardware management, but also more efficient cryptocurrency mining.

Time does not stand still. And now, in addition to the usual money, digital money has appeared in the world - cryptocurrency. And every year its capitalization and value grows. The first Bitcoin was mined in 2008; in 2009, its rate was 1 dollar for 1,309 BTC. Now (as of October 2018) its rate is $6,627. Over 9 years the growth was almost 8700%. There are two ways to purchase cryptocurrency - buy on a special exchange or mine it yourself using special equipment, so-called farms or miners, which is much more profitable. Mining farm - what is it in simple words? How does it work, what does it represent, what kind of profitability does it give? We will tell you everything in detail. Read to the end and you will understand how cryptocurrencies are mined.

Mining farm - what is it?

Cryptocurrency is a virtual currency that has no physical expression and is a special software code. At the same time, she is real. You can use it to pay in online stores, pay for services, and transfer it to other persons.

The number of its coins is already initially limited. It is obtained in the following way: a set of numerical variations is selected by solving mathematical problems. In another way, the extraction of cryptocurrency is called mining. Previously, only PCs were used for this; now other equipment is used for these tasks - miners or mining farms.

A mining farm is an assembly of several components that are combined with each other and produce virtual currency. The technology continuously solves complex mathematical problems, the result of which is a converted program code, which is a cryptocurrency.

It can consist of a wide variety of components: video cards, processors, special equipment for mining virtual currency, hard cards.

The basis for it is video cards, since they are the ones who are involved in computing processes. The more powerful the video card, the faster it selects numerical variations, the more coins can be mined in a limited period of time. Accordingly, the more video cards, the more income they will bring in total.

Let's compare it with a regular farm. For example, there is one cow that produces 20 liters of milk per day, which brings in a daily profit of $10. Or you can create a farm where there will already be 100 cows, which will produce 2000 liters per day and, accordingly, $1000 in income.

Previously it was carried out exclusively on computers, but later the unprofitability of this activity was recognized. Too little income, too much energy consumption and PC purchase costs. In addition, it is almost impossible to work on a computer when digital currency is being mined - all programs freeze, the system itself is very slow.

A way out of the situation was found - creating farms from video cards. Compared to the previous mining method, they provide many more advantages:

It is enough to purchase only a few components to start the process of mining cryptocurrency, rather than purchasing an expensive computer, which is economically beneficial.

• Autonomy of work.
• Lower power consumption.
• Fast payback.
• Small dimensions. They do not require much space to install.
• The ability to connect several video cards to one farm at once, which will significantly increase the profit received.

How does a mining farm work?

A mining farm functions as follows: its computing power, unlike a computer, is not aimed at performing a wide range of tasks, but exclusively at solving hash functions, which significantly increases their productivity and, consequently, profitability. The result of all calculations is a correctly selected program code, which is converted into the required type of cryptocurrency: Bitcoin, Ethereum, Litecoin, Ripple or another.

Depending on the equipment used, namely the power and performance of video cards, the number of mined coins per unit of time may vary.

What is needed for a mining farm?

A mining farm is a complex structure consisting of several elements combined into one system. To assemble it you will need the following components:

Open frame frame.

Its task is to place all video cards in one place and securely secure them. It is basically a rectangular structure with posts. You can find it on sale or make it yourself by assembling it with bolts. No guards are provided on the sides of the frame to dissipate heat generated by the equipment during operation.

Video cards.

The most important element for mining cryptocurrency. It is on their quantity and power that the profitability of the entire farm and the requirements for its remaining components depend. When choosing them, you should take into account not only their performance, but also the amount of electricity consumed - the payback and profitability of the installation depends on this. There are now special types of video cards on the market designed for mining virtual currency. These are ASIC miners or, as they are also called, “ASICs”.

Motherboard.

Used to connect video cards. Must have as many slots as devices will be connected.

Power unit.

Its power depends on the size and power of the farm. The more video cards are installed, the higher this figure should be, and preferably with a margin.

A computer with a permanent Internet connection.

The requirements for it are minimal. Processor power, amount of RAM, HDD capacity, resolution, clock frequency - all this does not matter. The main thing is that the connection to the World Wide Web is not interrupted.

Cooling system.

In the process of mining cryptocurrency, mining rigs generate a huge amount of heat, which must be removed, otherwise the equipment will quickly burn out. In addition, a general increase in temperature in the room can make it impossible to stay and breathe, and all devices will overheat and stop working. For cooling, you should ensure a distance between video cards of at least 7-8 cm, install floor fans, and, if necessary, install coolers or forced exhaust.

You can assemble a cryptocurrency mining farm yourself if you have experience in connecting electronics and a good technical knowledge base in order to be able to select the right equipment that will combine its parameters with each other and meet the requirement of “maximum performance” - “minimum energy consumption.” This is the only way to count on good returns.

If you do not have such experience, and you are not well versed in the technical characteristics of video cards, motherboards and power supplies, then it is safer to buy a ready-made design, where all the equipment is carefully selected and will bring a decent profit. This option has many advantages:

Even a beginner who does not understand computer technology and the nuances of cryptocurrency mining can start mining.

No time spent on assembly.

Long service life of the equipment, due to the fact that all devices are compatible, well-selected, and have a functioning cooling system.

Availability of accurate data on how much money the farm will bring in, how much electricity it consumes, and how long it will take to pay off.

How much does a mining farm earn?

The most exciting and popular question among those who are interested in the topic of mining and cryptocurrency production is “How much can a mining farm earn?” We will try to explain to you in simple words what the profitability of the equipment depends on and what kind of profit you can count on.

To begin with, you should understand that the following factors influence the profit margin:

• The type of selected cryptocurrency that is being mined.
• Digital currency exchange rate and its fluctuations.
• The amount of electricity the farm consumes.
• The cost of electricity in your region.

The most important element on which hardware performance depends is the video card. Based on the characteristics it has, you can get an idea of ​​how many Bitcoins, Litecoins, Ethereum or other virtual coins it will mine. The greater the number of video cards in the farm, the more profitable it will be. Then you should convert this amount into dollars, multiply by the exchange rate that the cryptocurrency currently has, and subtract the cost of electricity. Due to the low cost of electricity for individuals who use it for household needs, a mining farm is very profitable, as it provides high income and low costs.

To give you an idea of ​​how much you can earn by mining cryptocurrency, here are some illustrative examples (based on the exchange rate of virtual currency as of October 2018) based on miners’ performance:

• Bitmain Antimer A3 – 1900-2050 rubles/day.
• Bitmain Antimer Z9 Mini – about $40 per day.
• Ebit Miner E10 – 1550-1600 rubles/day.
• Bitmain Antimer E3 – $7-8 per day.
• Baikal Giant B – 17,000-20,000 rubles/day.

Electricity costs should also be subtracted from these figures. But the profitability figures are still impressive. By installing one farm of average productivity, you can have an income exceeding the average salary in the country, and still do nothing. By installing several farms, you can lead the lifestyle you would like.

The average payback time for a farm is 6-8 months. For some types of equipment this figure can be reduced to 1-3 months. After these deadlines, there will be net profit. A great option for passive income!

We should not forget that the principle of fluctuations in cryptocurrency exchange rates still works. Quotes can either fall down or grow fabulously several times in 1-4 months. This also affects income.

Where to buy a ready-made farm for mining

If you want to start mining cryptocurrency and make good money on it, then you should purchase a ready-made mining farm that will start generating passive income for you. You can buy it from us. We have equipment for sale from leading companies in this field - Bitmain, Ebang, iBeLink, Pinidea and others. There are more than 25 miner options with different performance indicators, energy consumption, and payback periods.

We will give you undeniable reasons why it is profitable and convenient for you to place an order with us:

Stable income and confidence that your equipment will last for many years. All mining devices presented in our catalog are distinguished by their quality, long service life, and stable hashing rates. We sell only original miners and only from leading companies specializing in mining. We check all of them before shipping.

• You receive a guarantee from both the manufacturer and our store.
• We answer any questions in detail and provide advice on the selection, connection and use of farms.
• We offer affordable prices.
• We have sales offices throughout Russia: in Moscow, St. Petersburg, Krasnodar, Rostov and other cities.

We solve any issue related to the mining industry: selection of equipment, withdrawal of cryptocurrency, warranty support, maintenance of miners.

We have many years of experience in this field and can help you with any problem that may arise.

A mining farm is a great opportunity to earn high income on full liability. It is easy to maintain, it does not require special knowledge, and it brings profit regularly, and the monthly income can be higher than the salary at your usual place of work. It also pays for itself quickly - in just six months, or even less. You can even install it at home.

And you don’t need to assemble it yourself either. You can purchase ready-made equipment in our store. All you have to do is connect it to a power source and PC. We will help you choose an option that will fully meet your requirements and bring you good money!

Cryptocurrencies are talked about everywhere today. In the past, the main topic to start a conversation was the weather, then the dollar exchange rate today, and now the price has become the key topic.

As its value increases, other coins also grow, and along with them the computing power allocated to mining the most expensive and promising coins. When you first get acquainted with the issues of mining, it may seem that everything about it is extremely simple - you buy or (another option is to buy an ASIC miner), launch it and the money starts to drip straight into your pocket. Let's figure out how profitable it is to invest money in mining equipment today and what exactly can you mine with it?

Contents:

What is a mining farm?

Initially, there was no such thing as a farm. There were powerful home computers whose video cards and processors were used by computer enthusiasts.

At that time, no one believed in its future and most simply wanted to join the new fashionable feature of the Internet.

However, when the cost of the coin exceeded $10, interest increased significantly and people began to calculate the profitability of mining in the medium term.

That's when the first farms appeared - computer systems with several video cards.

• Video cards are imported by dealers and suppliers all the time;
• They will be in demand in the next 2-3 years. Then they can be sold to gamers.
• A new video card always has a warranty, a used one only from the seller (the warranty will be less than for newly purchased equipment).
• Using one video card, you can mine several cryptocurrencies (most tokens are adapted to certain types of video cards).

• It is unlikely that you will be able to assemble such a mini-factory on your own; you need the help of specialists in this industry. Do not forget that if you do not know all the intricacies of installation, then burning out the microprocessor and video card is a matter of minutes.
• We install the OS exclusively for cryptocurrency mining, there is no need to download top programs, you don’t need them. You can install programs for crypto wallets, crypto exchangers and crypto exchanges, everything else will be superfluous.
• Everything will be too bulky - therefore, you need free space in the house (for a one-room apartment - this is definitely not an option, unless you will not be living at home).
• Some farms take a very long time to pay for themselves compared to the same ASIC.

Advantages and disadvantages of ASIC

Advantages:

• Requires less setup - took it out of the box and turned it on.
• The payback is much higher.

Flaws:

• The queue is quite long, you have to wait for months.
• If you come across a defect, you can replace it, but again it will take weeks and months.
• ASIC is very noisy, you will have to either put up with the noise or move out of the apartment.
• The device generates a huge amount of heat; ventilation must be considered.

How long does it take for a mining farm to break even?

This is the main question that miners ask themselves. You will not find a consensus on payback periods.

Let’s say right away that even the largest factories in China or Canada specializing in mining are reaching self-sufficiency at best in 4-5 months.

Let's give an example, very soon.

It is planned that at best the farm will be able to produce no more than 1.52 BTC per day.

Economists have calculated that, given the costs of cheap electricity and space rental, the purchase of equipment will take at least 6 months to reach 0.

Important ! Let us note right away that now Bitcoin (end of 2017 - beginning of 2018) is throwing from side to side at prices from 20 thousand US dollars to 8 thousand US dollars, naturally it is difficult to calculate the payback at the moment.

How to calculate mining payback

For our case it applies two-factor calculation system:

For many non-specialists, this does not mean anything, but at the same time these are the most important points of payback.

In general, the main points of payback look like this:

• We multiply the current productivity by the fixed time between blocks.
• Let's divide our value by the number of coins paid per block.
• Next, we divide the value by the power of our farm.
• We multiply the value by 3600, this will give us the actual hours.
• We add electricity costs for the resulting number of hours to expenses.

For the first few months, all your values ​​will have a minus sign; you will have to add up these minuses every month to understand in what period you will reach zero.

FAQ

1. What is Dual miner

A complex hardware mechanism for dual mining, which simultaneously uses two calculation algorithms for mining - SHA256 and Scrypt.

That is, you can mine several cryptocurrencies at the same time.

Now produced only by SFARDS.

1. What types of ASIC miners are there?

Design options - compact, home and professional.

Differences in chip technology, power, performance, energy consumption, cost, and heat transfer temperature.

1. Basic information in the abstract

Cloud mining platforms HashFlare.io are popular, Genesis-Mining.com

Professional pools for Bitcoin- F2Pool (Discus fish), AntPool, BTC China, BW pool, Bitfury.

Pools for Ethereum- Ethpool.org, ETH Nanopool, Ethereumpool.

More details about mining pools read our material: The best mining pools: review of services

1. How to set up an ASIC miner in solo mode?

This mode is intended for self-configuration of equipment.

You can set up the solo mode yourself only if you are confident in self-sufficiency.

Unfortunately, there is no single piece of advice on high-quality firmware; an individual approach is required.

In 2017, even people who do not have access to the Internet know what Bitcoin is. And active network users have information not only about the features and rapidly growing rate of bitcoin, but also about the specifics of the issue of this cryptocurrency, namely, the ability to mine it independently. Therefore, it is natural that in stores selling powerful video cards, from time to time there is a shortage of hardware - people buy up cards to create their own Bitcoin farms and mine cryptocurrency on them. But to make a profit from mining digital coins, purchasing a card with a high hashrate and installing it on your PC will not be enough. You also need to understand how a Bitcoin farm works, how to assemble it yourself, and how to start mining. Let's try to answer these questions in simple words, and also tell you how to assemble a bitcoin farm for 50,000 rubles. And we’ll separately figure out whether it’s possible to earn bitcoins by playing virtual games with withdrawal of money.

Bitcoin farm: what is it in simple words and how it works and produces cryptocurrency

The custom of calling computers used for cryptocurrency mining “farms” came from the United States, because it was American miners who, when communicating with each other, jokingly began to call their PCs equipped with several video cards that way. Now the term Bitcoin farm is used all over the world, and in any country this phrase means computers connected to one network with powerful equipment connected to them, on which digital coins are mined.

Theoretically, processors, video cards, and specialized equipment - ASIC miners - can be used as hardware for Bitcoin mining. But in practice, the power of the processor and even a gaming video card today is no longer enough to mine the most expensive and popular cryptocurrency. Therefore, Bitcoin farms that bring consistently high profits operate on the latest ASIC models.

If you answer the question, a Bitcoin farm - what is it in simple words and how does it work, then we can say this: it is one or several powerful machines interconnected that mine Bitcoin. Of course, a Bitcoin farm must always be connected to the Internet, because all operations to create new coins are carried out online. And due to the fact that in the Bitcoin system one new block, which today brings 12.5 coins, is mined on average in 10 minutes, computers must work around the clock. The reason for this is simple - 24/7 mining maximizes the chances of solving each new block before other miners do.

Software tasks performed by a Bitcoin farm

The Bitcoin farm has only one task - to solve a new block before other miners and thereby earn a reward for its owner. That is why the characteristics of the processor, motherboard, RAM and hard drive of the computer on which mining is carried out do not play any role. But the performance of video cards or ASICs, which are used to mine cryptocurrency, is key. The fact is that both the complexity of bitcoin mining and the number of bitcoin farms are increasing every day, and in order to successfully compete with other “diggers” of electronic coins, you need to have very powerful equipment with a high hashrate.

Mining itself, from the point of view of the software problems being solved, represents the following sequence of actions:

1. The Bitcoin system provides all miners with the hash function of the new block, and some of the hashing characters were taken from the previous, newly created block, and the other part were arbitrary.
2. Software equipment installed on mining farms all over the world solves a new block in parts by enumerating numbers - that is, it selects characters that would fit a given hash function (for reference, each block contains tens of thousands of characters, and the hash - the function is a chain of several dozen characters).
3. When any mining farm manages to solve a block, it will immediately be entered into the blockchain, and the system will give miners a new hash function that must be solved to obtain a new block.
4. For a solved block, the miner who extracted it receives a reward of 12.5 btc. Those who did not cope with the task simply begin solving a new block.

According to the principle described above, new blocks are created not only in bitcoin, but also in other cryptocurrency systems. Only the hashing algorithms differ: BTC uses SHA-256, Ethereum uses Ethash, Litecoin, Dogecoin and Digitalcoin uses Scrypt, etc.

On video cards you can mine cryptocurrency with almost any hashing algorithm, the main thing is to install the appropriate software on your computer. But ASIC miners are initially “tailored” to a specific algorithm, so each model is suitable for mining a limited number of electronic currencies.

Bitcoin farm - how to start mining digital coins

Considering cryptocurrency mining as a way to make money online, novice miners first of all wonder how a bitcoin farm is assembled and how to start mining bitcoins on it. In fact, there is nothing complicated in assembling a mining farm for bitcoins or any other cryptocurrency, and any user who knows how to connect other equipment to the motherboard will be able to complete the farm in less than an hour.

Assembling a small Bitcoin farm involves removing the case from the computer system unit and installing it on a rack made in the form of a frame, and then connecting it to the motherboard via video card risers and placing them on the rack at a distance of at least 10-15 cm from each other. Since powerful video cards require additional power, they come with special wires through which the cards installed on the motherboard are connected to the power supply.