Braiins mini miner (BMM 100) is the first piece of hardware introduced by the company Braiins at the BTC Prague 2024 conference in Prague.

Braiins operates a Bitcoin mining pool, previously known as SlushPool (the first Bitcoin mining pool in the world).

Update 09/10/2024: Pre-orders for the BMM 101 miner are now live!

Use the code KM10 to get a 10% discount on any item at Braiins Shop, including the BMM 101.

Link: https://shop.braiins.com/discount/KM10

A review will be posted here soon.

Braiins mini miner BMM 100

The first mining machine from Braiins. It is essentially a “lucky miner” with a performance of 1 TH/s and a power consumption of 50 Watts. Setting it up takes only a few minutes; everything is quick and intuitive.

Solo mining – like a lottery ticket

If you do not connect this machine to a pool but let it search for a block solo, it is like betting a ticket every 10 minutes (block), where the chance of winning is higher than in a basic lottery. If you hit the block, you win 3.125 BTC plus transaction fees!

Basic Lottery vs. Solo mining with 1 TH/s

This comparison shows that although both probabilities are very low, the probability of mining a BTC block with 1 TH/s is significantly higher than the probability of winning the jackpot in a basic lottery.

Comparison Table

FactorBTC 1 TH/sLottery
Total hashrate/Number of combinations572,640,000 TH/s13,983,816
Number of blocks per day/Draws per year144104
Probability per day/Draw2.514 × 10^-77.15 × 10^-8
Probability per year9.18 × 10^-57.436 × 10^-6
Average years to success10,896134,483

BTC mining with 1 TH/s: The probability of mining a block with 1 TH/s is very low, with an average time of approximately 10,896 years to mine one block.

Lottery: The probability of winning the main prize in a basic lottery is even lower, with an average time of approximately 134,483 years to win.

Costs of Lottery vs Bitcoin Mining

Basic Lottery

  • Price per ticket: $0.90
  • Draws per year: 104 (twice a week)
  • Annual cost: $93.60 ($0.90 × 104 draws)

Bitcoin (1 TH/s, 50 W)

  • Daily energy consumption: 1.2 kWh (50 W × 24 hours)
  • Electricity cost: $0.22 per kWh
  • Daily electricity cost: $0.26 (1.2 kWh × $0.22)
  • Annual cost: $95.00 ($0.26 × 365 days)

Summary

FactorLotteryBitcoin (1 TH/s, 50 W)
Price per ticket / Daily cost$0.90$0.26
Annual cost$93.60$95.00

Lottery: The annual cost of betting is approximately $93.60.

Bitcoin (1 TH/s): The annual cost of mining is approximately $95.00.

Both methods have similar annual costs, but the probabilities of success (winning or mining a block) are significantly different.

Connecting BMM to a Pool – Nonsense

Yes, after what you’ve read, mining in a pool with 1 TH/s doesn’t make sense. If you don’t want to rely on luck, similar to the lottery with a higher probability, the Braiins BMM 100 connected to a pool won’t impress you much.

Efficiency of BMM 100

With a cost of $0.26 per day, it mines BTC worth about $0.045. So you will lose money, and it is more advantageous for you to buy BTC directly than to mine in a pool with such a low hashrate.

Availability of Braiins Miner

This miner is completely sold out and can now be pre-ordered. If you want it immediately, we have 3-4 pieces available in our editorial office. If you are interested, write here in the comments or on our X (Twitter).

Noise test

IS Braiins Mini Miner BMM 100 or 101 Noisy?

Conclusion

The Braiins mini miner BMM 100 is a beautiful piece of hardware. For those considering mining but wanting to try it out and learn something, I highly recommend it! I would call it more of an educational miner or lucky miner. Now you know what to expect from it, so those who buy it will be pleased.

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