- Micro Bitcoin mining devices are a stand against the secrecy and exclusivity of the Bitcoin mining industry
- These devices offer a fully assembled device or a DIY kit to mine Bitcoin
- Buyers won’t likely see much profit, but the focus is on transparency and accessibility
- BitMaker claims to have made a micro miner for as little as $3
- Open-sourcing the design of these devices promotes transparency in the industry
- These devices contribute to the decentralization of the Bitcoin mining system
- The purpose of micro miners is more about learning, understanding, and being part of a community rather than profit
- They provide an opportunity for people to run a rig at home without the expense of a commercialized mining rig
- Other small form-factor Bitcoin miners in the market include Bitmain AntRouter and Mars Lander
- There are also experiments with mining Bitcoin via mobile phones
Data shows that a significant portion of the Bitcoin hash rate comes from the United States, followed by Kazakhstan, Russia, and Canada.
By open-sourcing the design of micro Bitcoin mining devices, developers aim to address the lack of transparency and accessibility in the industry. These devices contribute to the decentralization of the Bitcoin mining system. Although buyers won’t make much profit, the focus is on learning, understanding, and being part of a community.
Micro miners offer an opportunity for individuals to mine Bitcoin at home without the expense of commercialized mining rigs. Other small form-factor Bitcoin miners are also available in the market, including Bitmain AntRouter and Mars Lander. Additionally, there are ongoing experiments with mining Bitcoin using mobile phones.