{"id":134033,"date":"2021-07-31T17:43:12","date_gmt":"2021-07-31T17:43:12","guid":{"rendered":"https:\/\/precoinnews.com\/?p=134033"},"modified":"2021-07-31T17:43:12","modified_gmt":"2021-07-31T17:43:12","slug":"bitcoiner-uses-portable-mini-rig-to-mine-btc-at-starbucks","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/bitcoiner-uses-portable-mini-rig-to-mine-btc-at-starbucks\/","title":{"rendered":"Bitcoiner Uses Portable Mini Rig to Mine BTC at Starbucks"},"content":{"rendered":"

Recently, Idan Abada, the owner of an online store (\u201cBitcoin Merch\u201c) that specializes in crypto mining equipment, shared on TikTok a video of him using \u201cfree\u201d electricity at a Starbucks cafe to mine Bitcoin on his laptop via a custom mini mining rig. <\/p>\n

In this TikTok video, we see Abada, who lives in Los Angeles, California, using a custom mining rig connected to his laptop to mine BTC while enjoying his coffee. <\/p>\n

According to a report by CNBC published on July 28, the tiny rig that cost around $875 to build \u201cconsists of a multi-port USB hub, a mounted mini fan, and ten USB-sticks, each containing two Bitmain-manufactured ASIC mining chips.\u201d<\/p>\n

Abada told CNBC:<\/p>\n

\u201cIt\u2019s one of the easiest miners to set up and run, because all you need is a computer or a laptop,\u201d explained Abada. \u201cIt\u2019s powered by USB, and that\u2019s pretty much it. Everyone can become a miner and be a part of the crypto world.<\/em>\u201c<\/p>\n

Abada says that he became an online seller of crypto mining equipment in 2017 after he noticed how difficult it was to buy Bitcoin mining hardware. Apparently, this year\u2019s sales revenue is already over $428,000 (up 355% from last year).<\/p>\n

Abada also mentioned that his store has sold thousands of units of \u201cGekkoScience NEWPAC USB Stickminer\u201d (which has a hash rate of 90+GH\/s and which sells for $79.99), the main component of the mini Bitcoin mining rig shown in his video. <\/p>\n

<\/p>\n

He went on to say that \u201cMissouri-based GekkoScience took apart a big miner from China and re-purposed the parts for the NewPac\u201d and that \u201ceach of the mini-USB rigs has two ASIC chips, so all in, the $875 rig has 20 chips.\u201d<\/p>\n

Abada admitted to CNBC that it is very hard to make a profit mining Bitcoin with this rig unless you are not paying for your electricity\u201d and the such novelty mining rigs probably could be profitable for \u201ckids in public places, college dorms, buildings that share electricity prices, employees stealing electricity from their company.\u201d For everyone else, the main benefit would be learning more about Bitcoin mining.<\/p>\n

DISCLAIMER<\/strong><\/h2>\n

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n

IMAGE CREDIT<\/strong><\/h2>\n

Image\u00a0by\u00a0\u201cgwons\u201d via\u00a0Pixabay<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Recently, Idan Abada, the owner of an<\/p>\n","protected":false},"author":3,"featured_media":134032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"\nBitcoiner Uses Portable Mini Rig to Mine BTC at Starbucks - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/bitcoiner-uses-portable-mini-rig-to-mine-btc-at-starbucks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoiner Uses Portable Mini Rig to Mine BTC at Starbucks - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Recently, Idan Abada, the owner of an\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/bitcoin\/bitcoiner-uses-portable-mini-rig-to-mine-btc-at-starbucks\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-31T17:43:12+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/07\/Bitcoiner-Uses-Portable-Mini-Rig-to-Mine-BTC-at-Starbucks.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/bitcoin\/bitcoiner-uses-portable-mini-rig-to-mine-btc-at-starbucks\/\",\"url\":\"https:\/\/precoinnews.com\/bitcoin\/bitcoiner-uses-portable-mini-rig-to-mine-btc-at-starbucks\/\",\"name\":\"Bitcoiner Uses Portable Mini Rig to Mine BTC at Starbucks - 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