About BeanCoin

I am Thom. Once a entrepreneur. Always a tech-enthousiast. This personal blog has a focus on the economics of Bitcoin and other crypto currency mining.

I started solo-mining (“lottery mining”) in october 2025 with one BitAxe Gamma. Just for fun! I know I have a one in 17,000 years chance of hitting a block.

As DYOR (“Do Your Own Research”) has always been my motto. I knew the BitAxe Gamma is just for fun and exploring the technology. I started learning about Bitcoin mining by reading and watching many YouTube videos. As a former entrepreneur I was shocked by the utter “BullShit” the sellers of crypto mining hardware are telling you about the profitability of crypto mining.

BetAxe Gamma