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.
Electricity is based upon the efficiency what we can able to mine using higher end miner which is more profitable. Other than we need to manage the miners from the heating issue.
I would start mining process with the ASIC miner is best move to start it. We need to get the correct power supply which matches the miner. We need to check mining profit according to the hash rate and other specifications.