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      Mining for beginners
      What is the difference between private mining hardware and commercial mining hardware?
      Liya Miller
      info@promminer.com
      write to author

      What is the difference between private mining hardware and commercial mining hardware?

      Before moving on to the essence of the issue stated in the topic, it is worth briefly talking about the history of the development of mining from the technological side. Then it will immediately become clear to you how the division into private mining and commercial farms was formed. 
      More than a decade ago, it was possible to mine cryptocurrencies using a regular desktop computer. Its capacity was quite enough to perform the most important operations, and the competition was not nearly as serious as it is now. Therefore, everyone who came to the cryptocurrency world received their piece of the pie without large investments. 



      Over time, mining gained immense popularity, which led to the technological development of the entire industry. Computers with CPUs were replaced by powerful video cards (GPUs), which actually made mining from a PC impossible, since GPUs were ten times more powerful. Also, by combining video cards, it was possible to create entire mining farms, which subsequently gained immense popularity. It was then that the division into private mining and commercial farms appeared - not every investor could afford to build an entire farm from very expensive video cards alone.
      Soon, ASIC miners came to replace the GPU, programmed for only one task - to mine cryptocurrency. And in this at the moment they have no equal. However, video cards have not disappeared from the mining market and have retained a significant share of the industry thanks to cryptocurrencies that have a mining limit using ASICs. 



      Private mining

      Private mining involves mining cryptocurrency alone. This does not mean that you must have only one hardware for mining. You can also create a farm from video cards, but if you use them yourself, then this situation still falls into the category of private mining. 
      As a rule, private mining is concluded within the apartment - not all private investors have the funds to rent a special room for cryptocurrency mining with appropriate air conditioning and temperature control. In this case, it is recommended to use video cards. It is quite possible to store the GPU in a separate room of the apartment or on the balcony, but in this case, you should take care of strengthening the wiring and additional air conditioning. Otherwise, your high-tech hardware can quickly fail.
      However, those who have funds for a separate hardware room can purchase ASIC miners and thus gain a competitive advantage - ASICs are much more powerful and efficient than video cards. Accordingly, with their help, you can get more cryptocurrency and increase your profits.



      Home mining has certain disadvantages. For example, if you want to place a powerful ASIC miner there or a farm of 4 or 6 video cards, then you will face constant problems with electricity and an increased risk of fire, since the wiring of an ordinary apartment is not designed for such loads. In addition, power surges often occur in apartments, from which hardware suffers - it can simply burn out. Therefore, it is not uncommon for even private investors to rent a separate apartment for their mining hardware or rent commercial property that is ideal for their purposes. 


      Commercial farms

      Commercial farms, unlike private mining, involve a completely different scale of the amount of hardware and production capacity. Investments in commercial farms are many times higher than investments in private mining - for the successful operation of hundreds of farms from video cards or ASIC miners, it is necessary to rent a huge hangar, install additional ventilation, reliable electrical wiring, uninterrupted Internet wiring, hire employees and administrators who will monitor the hardware around the clock and in the event of its failure, promptly correct the situation on the spot. And for round-the-clock protection of expensive hardware, trusted people are needed. 
      An industrial approach to cryptocurrency mining involves the creation of a depreciation budget for the repair of damaged hardware. With a huge amount of hardware, there is a high risk that dozens of ASICs or video cards can fail at once, and their repair will become a very expensive and long-term undertaking. Therefore, owners of commercial farms should always have funds for urgent repairs and subsequent commissioning of hardware.



      Summing up, it is worth saying that from a technological point of view, hardware for private mining and commercial farms is practically the same. In both cases, either video cards or ASIC miners are involved. Of course, these hardware have different models with characteristics for every taste, but strictly speaking, a private investor can also afford a powerful ASIC. Therefore, the main difference between the two main forms of cryptocurrency mining lies in the scale. Commercial farms require completely different costs and production capacities than private mining, which in some cases can be only a few hundred thousand rubles. 
      To find the ideal hardware option for your needs, contact us by phone - hardware selection experts will answer all your questions.



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