Decentralized Home Mining w/ Bitaxe
Date: 2025-04-01
Presenter: Round Rock Bitcoiners
Outline & Notes
Decentralized Home Mining w/ Bitaxe
Presenter: RRBTC Date: April 2025
Evolution & Current State
Mining transitioned from CPUs to GPUs to FPGAs to ASICs to Industrial Facilities. Bitaxe lowers barriers, supporting open-source innovation. Network hashrate surpassed 1 Zetahash.
Hardware Comparison
| Feature | Bitaxe 601 Gamma | Antminer S19j Pro+ | | Hash Rate | 1.2 TH/s | 120 TH/s | | Power Consumption | ~18 watts | 3,250 to 4,080 watts | | Efficiency | 15 J/TH | 27 to 34 J/TH | | Monthly Cost | ~$1.30 - $2.60 | ~$326.59 - $411.84 |
Mining Strategies
Pooled Mining
- PPS/FPPS: fixed payout per share
- PPLNS: based on recent shares
- TIDES (Ocean.xyz): transparent, predictable
Solo Mining
- Full block reward, no pool fees
- 12 blocks solo mined in 2024; 2 by Bitaxes
- Use SoloChance.com for odds
Setup: Bitaxe to Solo Pool
- Power on, access IP shown on screen
- Settings > Network > enter Wi-Fi
- Stratum Host: public-pool.io, Port: 21496
- User: [Your Bitcoin Address].[Worker Name]
- Save & Restart
Advanced Decentralized Stack
- StartOS: home server OS
- Bitcoin Knots: enhanced privacy/block template options
- C-Lightning: Bolt12 for Lightning payouts
- AxeOS: custom Bitaxe firmware
- DATUM (Ocean.xyz): custom work issuance
DATUM Solo Mining Config
- Remove text from "Datum Pool Host"
- Disable "Failover To Lottery" if not wanted
- Disable "Pooled Mining Only"
Resources
- Bitaxe.org, OSMU.com
- Hashrate Index, SoloChance.com
- Home Mining Wizards (Telegram)
- Ocean.xyz, Public-pool.io, Noderunners.network
Slides in this Deck
- Deck Overview (All Slides)
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- Slide 26
