(Where to Go Once You Understand How Mining Works)
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If you’ve worked through the Pickaxe 101 series, you now understand the fundamentals — what mining is, how ASICs work, what difficulty and power costs mean, and why professional hosting matters.
The next question most beginners ask is simple: “How do I actually get started?”
This guide lays out the logical next steps — from choosing the right hardware to setting up hosting, optimizing performance, and positioning yourself for long-term success.
Before buying equipment, define what you want mining to do for you.
Are you:
Your goals determine how much you invest, what hardware to choose, and how you structure your setup (personal vs. business entity).
By 2025, ASICs are the only profitable option for proof-of-work mining.
When selecting a miner, focus on:
If you’re unsure what’s best for your goals and budget, the Pickaxe team can help match you with the right hardware and power profile.
Electricity cost is the single biggest factor in profitability.
Rather than paying residential rates, most miners now host their machines in professional colocation facilities with industrial power (often $0.06–$0.09 per kWh).
Hosting with Pickaxe gives you that advantage immediately — plus proper cooling, uptime monitoring, and maintenance so your miners operate at peak performance without the noise or hassle.
To earn consistent rewards, you’ll connect your ASICs to a reputable mining pool such as Foundry USA or F2Pool.
Pools distribute rewards proportionally, providing steady income rather than waiting months for a solo-mined block.
Pickaxe helps configure your hardware to the best pool for your goals and risk tolerance.
Once you’re mining regularly, you’ll want to manage your operation like a business.
Creating an LLC or S-Corp allows you to:
Pickaxe clients often integrate this step early, combining mining income with strategic tax optimization for the best long-term results.
Mining success isn’t “set it and forget it.”
As difficulty and markets evolve, continue monitoring:
Professional hosting automates most of this, but staying informed helps you know when to expand, upgrade, or rebalance your hardware.
The mining industry changes fast — from new ASIC models to evolving tax laws and energy solutions.
Following Pickaxe’s ongoing education series ensures you stay ahead with practical, compliance-friendly insights that help you make smarter decisions as you grow.
You’ve learned how mining works — now it’s time to put that knowledge to work. Pickaxe makes getting started simple with turnkey hosting, industrial-rate power, and expert support so you can focus on earning rewards, not managing hardware.
Pickaxe Mining Inc. © 2025
Pickaxe Crypto Mining does not sell or offer investment products, financial advice, or tax advice. Our services are limited to the sale of crypto mining equipment and hosting solutions. Customers should conduct their own research and consult with a qualified financial and tax advisor before engaging in cryptocurrency-related activities
