61
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In the ASIC-age, is it worth starting mining Bitcoin at home?
Generally, it's not worth your time and effort to mine at home! (Some exceptions may apply.)
Age of ASIC mining
CPU mining has been unprofitable since 2011, GPU mining just slightly later.
Today, ...
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14
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Is Gpu mining still an option?
Thanks for asking this question. I see a lot of people all the time who assume GPU mining is profitable.
Try googling "bitcoin mining calculator" and see.
Presently (in 2015) the calculator will ...
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5
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When did Bitcoin Core deprecate the mining function?
Arguably, never: Bitcoin Core still has a rudimentary mining function built-in, as it is used for testing purposes (on testing networks where the difficulty is lower). CPU mining has however been ...
- 94.1k
5
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Can I damage my computer by mining bitcoin?
For people reading through this in 2017+:
Times have changed and a lot of higher end cards are now far more power efficient. I'm mining ethereum with a 1070 FTW card and I get a solid hashrate around ...
- 151
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i have good pc can i mine on it, if i don't have to pay for electricity?
No, you can't. The days of GPU mining Bitcoins are long past.
- 51.2k
4
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Using GPU mining with the Bitcoin Wallet
You can use your GPU to mine, but it is going to mostly be a waste of time and energy now that there is specialized hardware (ASICs) to mine.
You need a piece of software that will allow you to mine ...
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4
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In the ASIC-age, is it worth starting mining Bitcoin at home?
Bitcoin, as the answers imply, is long out of the reach of home miners, however other coins can use all your hardware, e.g. Gridcoin (GRC).
Gridcoin rewards work done on the BOINC platform which is a ...
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3
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Can High CPU Droplets from Digital Ocean be used for Bitcoin Mining?
No, neither CPUs nor GPUs of any kind are of the slightest use in Bitcoin mining. This has been the case for several years, since the introduction of ASIC miners which are now many orders of ...
- 22.9k
2
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Is Gpu mining still an option?
GPU's are horribly inefficient compared to ASIC's. Consider that the absolute best GPU's get around 1 GH/s and cost in the $400 range. An Antminer U2 costs around $20 on ebay and gets 2 GH/s. ...
- 7,699
2
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Could the $25/£16 Raspberry Pi computer be used to run mining equipment?
Reading this in 2017 with a chuckle. The Pi is pretty much the defacto controller due to its low cost and energy use. I have one running an ASIC over USB with cgminer, compiled on the Pi.
Some of ...
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Why won't my bitcoin miner detect any of my hardware?
According to the release notes, current versions of bfgminer only support FPGA and ASIC mining hardware out of the box. It sounds like you don't have any such devices.
CPU and GPU mining are not ...
- 22.9k
2
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What is the difference in speed between a GPU and an ASIC per dollar of cost?
The AntMiner S4 gets 2 TH/s and sells for about $1200. This is 1660 MH per second per dollar.
The AMD Radeon 5830 gets 307 MH/s and sells for about $200. It was released in 2010, so if we assume that ...
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I am new to bitcoin, and GUI miner won't work on slush's server
Your hashpower is magnitudes too low. It is so low, that the pool doesn't accept your work, because it will never amount to any use. You are competing with a teaspoon in a world of Bucket-wheel ...
- 68.6k
2
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Is Gpu mining still an option?
I'd say that with free electricity GPU mining can be worth it in some ways. Rushing out and buying cards to build a GPU miner no longer makes sense, but with free electricity using a computer you ...
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When did Bitcoin Core deprecate the mining function?
The mainnet mining capability was removed in 0.13.0, The release note is dated 23 August 2016
https://bitcoin.org/en/release/v0.13.0#removal-of-internal-miner
Removal of internal miner
As CPU mining ...
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2
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Can Bitcoin Core 0.9.5 still fully sync?
Yes, 0.9.5 is consensus compatible with modern Bitcoin, though it will be considerably slower than modern versions, and probably shouldn't be used for anything that's transacting real money.
- 15.3k
2
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Radeon RX 580 8GB vs 4GB. Does memory matter?
Memory size does not affect mining speed.
To mine you need DAG file to be loaded into card's memory. DAG file grows in time. So when (and if) it will superpass 4GB - you could mine no more with these ...
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BitMinter gpu mining error
You have no ASICs and no OpenCL-compatible GPU. Note that noone mines on GPU anymore anyway, it's completely useless.
Buy an ASIC miner, 1 TH/s (1000 GH/s) or faster. It will be a stand-alone machine,...
- 8,399
1
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How profitable was GPU mining in 2011-12?
Question in title: similar to how profitable it is now.
The numbers he is giving you don't seem unlikely. Using the Bitcoin price of those days he probably could have gotten more Bitcoins than 31 by ...
- 6,286
1
vote
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Opportunity for cheap electricity | Want to create a small BTC farm | Help
Recently I got an opportunity for cheap electricity in an eastern european country. Price would be 0.05 EUR/kWH.
This is realistic.
Security in a 3rd world country
While in general Eastern Europe ...
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1
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Does mining bitcoin on a laptop have an expected revenue exceeding the cost of electricity and wear and tear on the computer?
BrtH's answer is 100% correct, but does assume you don't need the waste heat. If you're already using electric heat (not heat pump, actual dumping of electricity through resistors) or gas heating at ...
1
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Is 3D acceleration needed for GPU mining
First of all, let's make costs clear. If power is extremely cheap for you (perhaps you make your own or have surplus from self-generated solar/wind), and you properly cool your GPU so that it does not ...
- 151
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Mining on Linux with an USB hard-deive
That would probably work fine. Mining doesn't generally require fast disk access, especially if you are mining in a pool.
Of course, you'll have to reboot into your Ubuntu installation each time you ...
- 22.9k
1
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Mining Every Last BitCoin?
I’ve heard that the more bitcoins that are mined there is a direct increases in the level of difficulty and in resources, required to mine more bitcoins.
You have heard incorrectly. That is ...
- 65.6k
1
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Is GPU mining worthwhile for any currency?
There are countless digital currencies in existence; every day new ones appear, are pre-released; ICO'd, or are ninja launched.
Bitcoin is SHA-256, which renders mining using CPUs and GPUs pointless ...
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Mining with only 1 GPU
Mining almost any crypto-currency, including Ethereum, with just one GPU is not recommended if you are wanting to actually make profit. This segment of miners are viewed as enthusiast with the goal of ...
- 56
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Accepted
A hashrate of 1.42 EH/s, really?
A miner should not be correlated with a device. I can have 10 devices and I will still be a single miner from the perspective of the pool. I can have a mining farm with thousand devices and I can ...
- 2,254
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GUIMiner not detecting my GPU (AMD Radeon HD 7600M Series)?
The code name 'Turks' is the Fabrication process and transistors name. This means it is the GPU. There are also name such as: Cedar, Caicos, Juniper, Barts and Cayman. Don't ask me why that named them ...
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