Low-hashrate Bitcoin lottery mining (solo or via public solo pools) is a fun, educational hobby with real decentralization impact, but beginners often trip over the same pitfalls. These mistakes can lead to frustration, wasted time/electricity, or even loss of rewards if you somehow hit a block. 1. Unrealistic Expectations About Odds and Profitability Many newbies […]
Bitcoin mining often feels like a lottery for everyday hobbyists. Devices like the Bitaxe Gamma 601—a tiny, open-source ASIC miner packing just 1.2 TH/s at around 15–17 watts—aren’t competing with industrial farms. They’re solo “lottery miners,” plugging away in bedrooms or garages with astronomical odds of claiming a full block reward. Under normal conditions, a […]
This bitaxe setup guide will walk you through the steps to set up any bitaxe solo lottery miner, including supra, ultra, gamma, hex, and even octaxe! It includes the steps to power on your device, connect it to the 2.4 Ghz channel of your WIFI router, and even getting it connected to your bitcoin wallet. […]
Many will squeeze, bend, and contort their toothepaste to get every possible trace of residue of out the tube before discarding it. Perhaps these are the same ones that revel in the thrill of milking every last hash per second out of their ASIC lottery miners. The temptation to push your lottery mining device to […]
Bitcoin mining has always been a tale of extremes. On one side, industrial-scale farms churn out exahashes of computing power. On the other, hobbyists with tiny rigs chase the elusive thrill of solo mining—what many call “lottery mining”, due to the miniscule odds of a wimpy little “David” like a Nerdminer or Bitaxe defeating the […]
Here’s how to update the firmware on your Bitcoin Lottery Miner to the latest version (only takes 5 minutes). Visit https://flash.nmminer.com/ At the very top of the screen make the following selections: NMMiner Supported Devices, select esp32-2432s028r-st7789 or esp32-2432s028r-ili9341, depending on which chipset your miner uses. If you’re not sure which chipset you have, just […]
The “EPS-32”, also known as a “CYD”, is an entry level USB Bitcoin Miner that has recently exploded in popularity. This article is your one stop shop for setup and troubleshooting this intuitive, and affordable, USB lottery miner. Setting up: 1. After inserting the cable, the miner will automatically power on. Use your smartphone to […]
1- Power it On To set up new bitaxe plug it in. The full color LCD display will turn on and display a QR code. (Note: The product has a layer of protective film that you will need to peel off in order to see the screen clearly.) 2- Connect to WIFI To connect, scan […]
Best Cryptocurrencies to Mine from a Home Computer in 2025 Mining Cryptocurrency on a home computer offers an accessible entry point for enthusiasts eager to earn digital assets without investing in expensive, specialized hardware. This comprehensive guide explores CPU and GPU mining, comparing the advantages and drawbacks of mining on a personal computer versus dedicated […]
A blockchain node is a computer or device that connects to a blockchain network. It helps keep the network secure, validates transactions, and stores a copy of the blockchain, like a digital ledger of all transactions. Think of a node as a librarian who checks and organizes books (transactions) to ensure everything is accurate and […]