As we all know, Bitcoin mining has become, and is becoming more and more centralized and commoditized as time goes by. Large-scale bitcoin mines are springing up like mushrooms, concentrated in the few places in the world where electricity is cheap and the climate is cool.

With this move towards centralization, home miners are losing ground day by day.

Many of these home miners who don’t have the luxury of living in a place like Iceland still would like to participate in the mining ecosystem. After all, it’s mining that is the driving force behind Bitcoin. Mining is what keeps an accurate and secure ledger of all the Bitcoin transactions which have taken place,

How then can an average Joe still support Bitcoin and maybe make a buck at the same time?

Cloudmining vs. Bitcoin Miner Hosting

As it stands, these marginalized miners now face two choices: buy cloud mining contracts, or the more complicated option of having their miners hosted. If you’re going to have your miners hosted then you’re going to have to buy hardware. That alone can be a huge challenge.

Obstacles for Owning/Hosting your own Miners:

You have to Find the Right Batch

1.) You have to sit down, and figure out which batch of hardware is best to buy. You’ll have to evaluate which hardware is cheapest per GH, and which is the most energy efficient.

Did you order from a scam company?

2.) You pray to God that the company you order your hardware from is not a scam. *cough* Alpha Tech

Will it arrive on time?

3.) You hope and hope that the hardware that you order actually arrives on time, and not months after the promised shipment date (after the manufacturer has possibly mined with it.)

Will your miner meet its promised specifications?

4.) You hope that you’re lucky enough that the hardware that you ordered, actually meets the specifications that were listed when you ordered it (hashrate, power draw, etc.)

Will your miner die?

5.) You yearn and long for stable hardware that doesn’t have lots of bugs and doesn’t just die and stop working.

Can you get cheap Hosting?

6.) This is where ASICSPACE may be able to help you. We're building a data center, with prices starting at $95/kw/month, but we offer discounts if you meet certain criteria.