Farms for cryptocurrency mining are a set of equipment needed to search for blocks. Their profitability depends on the capacity of the systems used, the type of digital money mined. Usually, work is started from several machines at once, and the income received is divided among all participants.
Mining farm - various devices connected to the blockchain network to process information and generate income in the form of cryptocurrency. It contains various components, among which there are video cards, hard drives, special equipment. All elements must have a high power level in order to be able to ensure uninterrupted operation of the entire system.
A small farm, according to its parameters, can be located in a case from a standard system unit. But there are units that occupy industrial workshops. The construction of such a tool always involves significant material costs associated with the purchase of equipment and payment for the consumed electricity.
How do farms work on different bases?
There are several options for mining farms. Each of them has features:
- Based on FPGA modules. This option is considered the most costly, since complete cooling must be provided to ensure full operation. Therefore, a fan is placed near each device.
- Using video cards. This option is suitable for a small farm or earning an inexpensive cryptocurrency. Due to the high competition in the field of bitcoin mining, for example, increased capacities are required.
- Based on ASIC processors. This option is often used today. Thanks to him, digital money can be safely transferred to a virtual wallet.
Operating principle
A group of devices or computers connects to the blockchain network to process data. The network is a chain of blocks of transactions that are made according to certain criteria.
Transaction blocks are found by network participants. The mining time can vary from 1-2 minutes to several days. The speed depends on the power of the equipment and the complexity of the network. The higher the first parameter, the more chances of finding a block in a short period of time. Older networks require increased capacities and the involvement of a large number of miners. Because of this, the size of the profit decreases, and it takes more time to mine a new block.
How to mine cryptocurrency using mining farms?
There are two options: independently organize the whole process or work together with other miners. The first option is suitable for those who have sufficient capacity to mine blocks. Newbies often start working on video cards. But installing new hardware on a PC will not be enough, you will have to think about using additional fans.
Pools are considered to be the easier way. Miners use existing farms to mine new blocks on the blockchain network. The money received is divided among all participants. the share of capacity that has been invested in the production process is taken into account.
In conclusion, we note: how much you can earn with the help of mining farms is difficult to say. It all depends on what kind of cash injection you are willing to make. The volume of production is also affected by the instability of the exchange rate of digital money to real currency.
