The owner of this tiny $875 rig mines bitcoin using free electricity at Starbucks
Summary
Abada, who lives in the San Fernando Valley in Los Angeles, posted a video of himself using free Starbucks electricity to run an $875 mini bitcoin mining rig. Abada started mining bitcoin in his room in a shared house in 2015 – where he agreed with roommates to pay extra for electricity – and in 2017, he opened up his own shop. One of the top sellers on Bitcoin Merch is the NewPac – the main component of the rig featured in Abadas viral TikTok video. The exact same code runs on every single bitcoin mining rig on the planet, including the one featured in Abadas Starbucks TikTok post. These kinds of operating margins are why Arvanaghi says that its almost always a rule that buying bitcoin directly is cheaper than mining, unless youre running rigs with "outrageously cheap electricity or at scale."