Blockstream Jade is a secure hardware wallet, but did you know that it can also be used to mine Bitcoin? Let’s explore this feature of the Jade wallet in this article.
Can Blockstream Jade really mine Bitcoin?
Technically, yes! Yet while Jade has the hardware to process the SHA256 mining algorithm, its performance is much lower than a cpu or smartphone, let alone specialized mining machines like ASICs. This means using Blockstream Jade to mine Bitcoin is more akin to playing the lottery than a reliable source of income.
How to use Blockstream Jade to mine Bitcoin?
If you want to try this feature, follow these steps:
Step 1: Upgrade to mining-supported firmware
First, you need to upgrade your Blockstream Jade to a firmware version that supports mining. You can download this firmware from Blockstream’s official website. If you want to switch back to the normal firmware, you can use the following link.
Step 2: Visit the companion website and connect Jade
After using the firmware, go to the Blockstream companion website and connect your Jade to your computer. Make sure you use a browser that supports Web Serial, like Google Chrome. Then, enter the Bitcoin Wallet address where you want to receive rewards (if you successfully mine a block) and click “Start” to begin mining.
Step3: Monitor the mining process
Jade will start mining automatically without needing to be initialized or connected to a wallet. On the Jade screen, you can track:
- Current block height
- Hash rate
- Block reward
- Bitcoin address that will receive the reward (if you mine a block)
Things to consider when using Blockstream Jade to mine Bitcoin
- Do not use your main Jade for mining: Keeping Jade plugged in for mining can cause wear and tear on the device. If you really want to try this feature, consider buying a spare Jade.
- Mining will stop when the device restarts: If you restart Jade or receive a message from a companion wallet or another device, mining will stop.
- Disconnecting incorrectly may cause issues: If you unplug Jade from your computer without turning it off properly, it will keep hashing, but will not be connected to a node, so the block height will not be updated.
Conclusion
Although you can use Blockstream Jade to mine Bitcoin, it is not an effective mining method. Using Jade for mining should only be seen as a fun experiment or an educational tool about blockchain, not a way to make money. If you are looking for a real way to mine Bitcoin, specialized ASIC mining devices are a better choice.
In short, if you want to experiment and explore, try enabling mining on Jade. But if you want to make a profit from Bitcoin mining, you will need more powerful hardware.
Where to get a Blockstream Jade in Vietnam?
BitcoinVN Shop serves as official supplier of Blockstream hardware wallets such as the Blockstream Jade and Blockstream Jade plus.
No customs hassle, no delays – all orders ship directly from our Vietnam-based warehouse.
If you’re located in Saigon, you’ll typically have the wallet in hand within a day.
