61 votes
Accepted

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 votes
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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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  • 8,319
5 votes

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.
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5 votes

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 ...
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  • 151
4 votes

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 votes

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 ...
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3 votes
Accepted

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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2 votes

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 ...
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2 votes

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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2 votes

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. ...
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2 votes

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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2 votes
Accepted

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 ...
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2 votes

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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  • 28.7k
2 votes

Can I mine bitcoin without damaging my hardware?

That would depend on your definition of damage. First of all your equipment is going to 'wear down' much faster if the CPU is at 100% load longer than an hour or so. Normal computer usage lets the ...
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  • 538
2 votes
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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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2 votes

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,...
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  • 8,319
2 votes
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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.
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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 vote

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 ...
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1 vote

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 ...
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  • 6,189
1 vote

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 ...
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  • 151
1 vote

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 ...
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1 vote
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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 ...
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1 vote

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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1 vote

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 ...
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1 vote
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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 ...
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  • 2,204
1 vote

Can I mine bitcoin without damaging my hardware?

Yes, you can. The question is similar to "Can I play Battlefield w/o damaging hardware" ;) Hardware that you have does not give you to much bitcoins now, even in long term mining. Check this out: ...
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1 vote
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GUIMiner - Don't seem to recognize my GPU. Where to set it up?

It is recognizing your GPU, as "capeverde". ATI has code-names for their GPU revisions, such as Cape Verde, Winter Park, Tahiti, and so on, listed here. Cape Verde matches your model on that list.
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  • 326
1 vote
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Can I emulate a graphics card using software, and use it for mining?

Chances are there is no GPU in the physical host server, servers don't need them. You could CPU mine, but it would be pointless for Bitcoin, Litecoin and most of the Alt-coins because you just ...
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