Bitcoin Mining At Home: Trend To Watch In 2022

Home bitcoin mining is enjoying a wave of popularity right now as would-be bitcoiners recognize all the positive spin-offs of mining at home: home heating, greenhouse projects, and being a part of the bitcoin revolution.

As 2021 draws to a close, Bitcoin Magazine has been checking in with a few of the companies in the bitcoin mining space to get a sense of how the market for ASICs is changing and what to expect going into 2022.

2021 was a big year for bitcoin mining mostly because roughly 40% of the mining hashrate disappeared after the China ban and reappeared in places like Kazakhstan, Siberia, and Texas. A recent report suggests that close to 20 percent of the bitcoin networks’ hashrate is still in China, with some in the form of home mining rigs.

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