What do you need to start a bitcoin farm?

You will need some basic knowledge and an expert bitcoin certification. For farming bitcoin, special hardware equipment is needed. To be precise Application Specific Integrated Circuit Chips (ASIC) are used in mining bitcoin. Standard computers can not do the job efficiently and accurately.

How much does it cost to start a bitcoin farm?

With the cost of one unit in the region of $ 1,700, the payback period of the farm in the current market conditions is about a year and a half. We will talk about how to install a Bitcoin farm, which one is better to choose and how profitable it is under current conditions in the article below.

What is the purpose of a bitcoin farm?

Bitcoin farm is a large space more like a warehouse or a repository where computer equipment is stored with central cooling or air conditioning systems, preventing the computers from overheating and getting damaged. Farming is a process that extracts the core value from Bitcoin.

How much electricity does a bitcoin farm use?

On this farm, around 600 bitcoins are mined monthly. It is equipped with the most advanced and powerful computer setups for mining bitcoin. The capacity of this farm is approximately 45000 KW/H. The owner of this farm is unknown.