Valeria Frías, a pioneer of crypto mining at home

Cryptocurrencies have been called to change the world, but recently with prices falling they seem to missing that first pride. Many have amassed wealth in this business. And many more insist that they continue to stand.

Valeria Frías will never admit that these virtual currencies have no future. And he set up a micro business around crypto mining in the living room of his home. Furthermore, it has just published a guide to evangelize about the initiative.

Along with subsidized energy

The exact number of these businessmen is not known, but in Argentina, in subsidized energy compass, the so -called farms producing it on a large scale were placed. Especially in cold places like Ushuaia due to the low temperatures high-power PCs have to operate.

Valeria, 53, has an administration degree and works at Ezeiza airport in the customer service area for VIP users. She approached this root when she separated and she needed to support her two children. He tried to invest in garages, real estate and even in a flower stand where his grandfather knew how to make a living. Eventually, he leans on “weakening”.

Point that out allocated all his savings, about US $ 20,000, to purchase a high-powered PC, graphics card, motherboard, extra memory, solid-state drive, fan, and even metal frame.

Guess that study how he lasted two years. And he detailed that the team is preparing an configuration through an application that in his case is connected to the Ethereum world network and to a virtual wallet. The service is provided 24 hours a day. And the operating system can be controlled by the cell phone. By the way, mining is the cornerstone of bitcoin, nonero and ether which are the crypto of Ethereum and the three most popular virtual currencies.

For that you need computers with complex calculations guarantee the safekeeping of the monies. They receive bitcoin or ether as a reward, which is the second most valuable in the market.

The size of the equipment is as big as a washing machine, which uses the same energy of course as it works all day. Valeria is not afraid of rate increases. He said these are costs that must be assumed in an operation where it is paid in crypto worth blue dollars. “It doesn’t really change the equation,” he said. And slide that if there are cuts, the PC is reset. Of course, it has smart shoes that sound the alarm in the face of unexpected events.

The service it provides allows verify the transaction worldwide. Something characteristic of cryptocurrencies because there are no banks, it is the system that is responsible for guaranteeing.

The power of mining starts with 100 mega hash, which is the unit of measurement. It starts with memory cards from 4 to 24 gigabytes. The latter enables the power of 120 mega hashes.

This activity is, however, observed as the dark side of coins virtual. The intensive power consumption required by the process is seen as a synonymous with environmental damage. In the case of farms, the noise of machines working all the time is added.

Redrado warned

Valeria made sure this is not the case when it comes to a mini family business. Many look in their mirrors. Martín Redrado preceded his guide with this statement it is a technology that is here to stay. and warning about the system needs to be fixed.

While it is true that in March 2020, bitcoin was trading at US $ 3,500, last week it was selling at US $ 28,228far from US $ 68,000 November 2021. Ethereum is trading at US $ 1,914 now and six months ago, it was trading at US $ 4,800. But Valeria trusts them.