I am planning to build a mining tool in my home. but before I do that.
I want to know some of the biggest problems in mining.
Would you guys tell me about that?
the biggest problem faced by most miners are the electricity cost because mining takes alot of power as a result the electectricty would also cost more. but i think there are country which cost less in electricty. or you could just hire an expert electrician to make your electric bills less.
Please explain to me how an expert electrician can make your electric bills less. AFAIK, a 1400 Watt power draw remains a 1400 Watt power draw, no matter what your electrician does. The only ways to make your electric bill less is either switching to a cheaper plan, underclocking your ASIC so it uses less power, using less ASIC's or upgrading your mining farm so you use more efficient ASIC's. Or am i missing something here?
Or are you talking about tapping electricity from the net ilegally? In which case i'd say that's very bad advice.