Is it possible to mine crypto at home?

Question

Cryptocurrency

I have never mined, but my utility has threatened to put me on a new year bill if I don't pay the money to replace the meter. I don’t want to pay for the wishes of electricians so that I have a new meter. According to the standards, it will turn out a little more than according to the counter, and I’m thinking, can mining compensate for this?
Against:
1. Noisy (maybe you can put a mining farm on a balcony in frost down to -40 and other joys?
2. The news often shows illegally connected to electricity. But everything seems to work legally for me, although I’m not completely sure (maybe there there are restrictions on the purpose of use for household electricity)
3. On the house, it seems to me, there is still a common house metering device, somehow I don’t want the difference with the standards to go to the neighbors.

Answer 1

it’s possible, if you have 1 kW on the system unit, consider 744 kWh per month, it’s tolerable, it’s another matter - it’s unlikely that it will pay off much above zero
, but if ASICs, you need to look at the contract, usually more than 2000 for apartments looks very suspicious, offices with air conditioners, small, eat 3500+ per month, for example,
for organizations, there are completely different layouts

Answer 2

I have never mined, but my utility has threatened to put me on a new year bill if I don't pay the money to replace the meter. I don’t want to pay for the wishes of electricians so that I have a new meter. According to the standards, it will turn out a little more than according to the counter, and I’m thinking, can mining compensate for this?

This is not "Wishlist electricians." A LAW.
And they did not "threate", but they have the right.
If I were you, I would take care of checking the wiring.
If you really consume a lot - then heating the wires and damaging the insulation, and then a fire in the house - for nothing to do. In houses, the wiring is simply not designed for huge consumption.
Payment for consumption according to the standard - the rates are constantly growing, they strongly stimulate the installation of meters. So you still need to consider which is more profitable.

Answer 3

It largely depends on the cost of electricity (one of the most profitable cities for mining is Irkutsk), you also need to take into account the strong fall in the rate of cryptocurrencies.
You can calculate the cost, for example, here: whattomine.com