Lottery Mining With A BitAxe Got You Down?


Perhaps you've joined the "lottery" segment of the bitcoin community and are now using some extra wattage on the relatively small (although very possible) chance of earning a block reward of 3.125 BTC

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Yes, it very well may happen. It has happened before; three times these small-chance wins have been reported. Here's a Reddit post by one of the lucky small-time home miners. Keep on hashing, maybe one day it will happen!! If you're operating just ONE Bitaxe 601 @ 1.2 Th/s (or similar low-hash rate home miner), the odds of hitting that block are about 1 in 3.2 million per day, or 1 in 15,000 per year. 

The next halving, when the mining reward is reduced, will occur at block #1,050,000 and should happen in early 2028 and the mining reward will be cut in half from 3.125 BTC to 1.5625 BTC.

So, if you're getting impatient, bored, or just want to try mining something else, consider Digibyte (DGB) mining -- either solo or pool mining. Try a dip in the pool at dgb256.online and this is how you can configure your Bitaxe to mine something other than bitcoin. If you're familiar with the BitAxe dashboard, go to your pool configuration and add the following:

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Then make sure to save and restart your device to ensure it connects to the pool. There won't be much DGB earned from pool mining; we're talking fractions of 1 DGB. I think it's interesting to experiment with mining different cryptos. Digibyte's mining is very unique because it uses five different proof-of-work (POW) algorithms: Scrypt, Skein, Qubit, Odocrypt, and the BitAxe does the SHA-256 hashing. This five layer mining allows for both ASIC and GPU/CPU hardware, while real-time "DigiShield" difficulty adjustments ensure stability and prevent manipulation.

Anyway, it ain't much but it's honest work!

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The original Bitcoin faucet is long gone, but there are still ways to collect some free crypto if you invest some of your free time:
  • Sign up here on Publish0x, if you haven't already, to earn free crypto for reading & writing content
  • Join Cointiply and roll the faucet every hour, view PTC ads, take surveys to earn free Bitcoin, Litecoin, Dogecoin, or Dash
  • Downoad the Bitcoin Cash Giveaway to collect some free BCH sats, paid out weekly
  • Check out Yescoiner to easily collect some satoshis; no nonsense -- just solve a captcha. Low payout, slow drip here
  • For rewards in XNO, DOGE and BTC, check out TipNano app
  • Visit Stacker.news and earn some sats by posting interesting content and commenting what others share
  • The most off-the-wall faucet is Crypto Junkie, offering payouts in various cryptos to Final Autoclaim & Faucetpay
  • If you're DCA'ing your Bitcoin stack, try River for zero-fee recurring BTC buys & earn 3.5% Bitcoin interest on deposited USD
  • Slice is a Google Chrome browser extension that allows you to earn BTC for browsing, paid via Lightning Network

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