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Has anyone started mining bitcoin from their home such as a garage or something

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I have an Antminer S19, which I run from a spare room. Room has a double window, so I use one for intake and one for exhaust. Makes a good bit of noise, but no neighbor has ever complained. I isolate the room it's in, from the rest of the house, A/C-wise to save there. I'm in south Mississippi in USA, so my power costs are relatively low, about $0.10 per kW*hr. So it's profitable to mine it as long as the BTC price is $21k or higher, basically. I've been switching it off-and-on during this bear market (currently got it off). It's just marginally profitable right now, and during these summer days it makes my A/C work harder even though I've isolated that room, still works more.

What I would tell someone who's thinking about it - hold off right now, unless you have a reliable and LOW COST power source. I can't emphasize that enough - it's your only real competitive advantage in this, is your power cost. In baseball they say "If you ain't got pitchin you ain't got nothin", well here if you ain't got low cost power source you ain't got nothin, man. Seriously think about how easily competitive this industry is - anyone can buy a rig, set it up in a spare room and mine. But cheap power sources are hard to come by. Do the math, check a mining pool to know how much you'd be making. But...if your power source isn't cheap, forget it. In the long run you'll lose mining.

I would be better off if I hadn't bought this miner, it's lost money. Paid over $10k for it, it's mined less than 14 million sats, probably $1500 or so in power costs attributable to it but who knows. And it's worth a lot less than I paid now. But maybe in the long run it wins out, I don't know. I'll be holding onto it for a while, we'll see. But...big takeaway...the cheap power is crucial. Or excess power, like solar. Good luck.


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