The mining industry and home mining — why mine at home?

Mining became an industry

Early on anyone could mine bitcoin with a computer. Today it is an industry of farms running tens of thousands of dedicated chips (ASICs), chasing cheap electricity. Home miners finding blocks has all but vanished; a small “lottery miner” that occasionally hits a block makes the news.

Mobick is currently a private chain: the operators run mining and every block reward goes to the public-goods wallets. Going public brings a problem. In an August 2026 members-only stream Oh explained that the moment Mobick opens, Bitcoin’s giant miners could pile in, push difficulty up, scoop up block rewards and dump them on the market — and when they lose interest and leave, transactions would stall until difficulty falls.

Hence home mining

Mobick’s answer is to let individuals mine at home first.

• The machine — after five or six months negotiating a custom non-SHA-256 chip with an overseas maker (about 1 million won per unit, minimum 10,000 units), the decision was to use ordinary SHA-256 machines like Bitcoin’s (20 August 2026).
• Allocation — designated machines only, one per household; first lots to KYC-verified 2-Mo participants by per-lot auction (29 August); starting around 1,000 units, growing to 200,000.
• Keeping it fair — each unit’s hashrate is fixed, abnormal units are cut off, and boosted units get no reward even if they find a block: “guarded by people, not the algorithm” (19 September). A lesson learned from LTM laptop mining, where algorithms alone were beaten.

Oh’s reasoning: with 200,000 units, even after going public, 200,000 individual miners will have the strength to hold their ground. And “Mobick can be mined with Bitcoin miners” will itself draw global attention.

One unit’s odds

If everyone uses identical machines, one unit’s chance of finding a block is simply 1 ÷ number of units. Mobick makes about 144 blocks a day. Compute it; machine performance has not been announced, so it is an assumption.

Home miners — Hashrate per unit (assumed) —

One unit’s share of all hashing

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Total home hashrate

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Mobick network now

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Avg. time for one unit to find a block

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With 200,000 units, one unit finds a block about once every 3.8 years on average. Changing performance does not change this: when everyone speeds up, difficulty rises too. Home mining is less a business than a way to live through Bitcoin’s early days, which is why fixing performance fairly is the heart of it.

Summary

• Mining is a huge industry; going public could invite big farms.
• Mobick starts with home mining: SHA-256 machines like Bitcoin’s, one per household, fixed hashrates, human oversight.
• With N identical units, each gets 1/N — at 200,000, roughly one block every 3.8 years. Close to a lottery.