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RE: Mine Crypto Anywhere with Your Computer - Home, Work, School. Simple Noob Friendly Guide

in #bitcoin7 years ago

I was going to ask how hot does your computer get?! Is your computer constantly running? How much money would you make a week with a high speed basic computer?

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In my case (remember I was running it on an 8 year old laptop, not the ideal set up lol) my comp ran hard, lot of heat, fans hdd being pushed hard. That is why I stopped.

If you have a decent desktop with agood gpu and decent cooling setup I am sure it would work much better, but remember it uses a lot of power/electricity.

I know some ppl that mined BTC early on and spent more on electricity than what they got in BTC....but that BTC is now worth a fortune, so it was a very good move lol. It is hard to say how much you can make with such volatile prices.

I appreciate the respond my friend. My room mate has a brand new computer and was looking for something to do on it besides porn I guess lol....What coin did you mine when you tried?

Haha, I think it was Monero (XMR)

i have two old laptops im going to try this on. they are toast anyway so i don't care if they burn.

Now saying that. I should prob put them out side in a shed :D :D

Haha, it would be interesting to see how long you could run it without an system failures.

I wonder how many had a load of bitcoins, spent ages mining them, but then just before they would have made them millions they sold them.

I am sure a decent amount. A lot of ppl also lost Bitcoins

Unfortunately with any mainstream computer, and with standard power rates, you will end up paying more in electricity rates than what you can get for mining even the best coin that the program recommends. Now, if you get a special GPU and a high end system (and have really low power rates), you might be able to make some money. But, otherwise, just consider a fun little hobby.

I have had it running on my system since last summer. I just use it occasionally, and have a few bucks in the bank - but as others have mentioned, it's also a real strain on your hardware.

Do you just have it running on a normal computer? A rough ball park estimate, how much would you think a special GPU and high end system cost?

yeah, just on my standard laptop.... like 5 years old... I also have an Nvidia GPU, so I get some extra hash power w/ that - but still, not enough to make it profitable.

oh, I'm guessing you'd have to spend upwards of at least $4K USD to get a set up that's profitable.... I really can't say for sure. Look into special mining GPU's, as I believe Nvidia is releasing a special line of them soon.

I would try to get a loan somehow to get a profitable setup:) I think cryptos are going to be the future..... Do you know of any videos showing how to hook up to Lap Top and what the best products are to buy? Would Nvidia be able to mine all types of coins? I was looking into the Antminer but they can only mine bitcoin type coins? Thanks @internets