please tell me, is it now possible to mine satoshi using a laptop?
While yes it is possible to run the mining software on a laptop, you won't receive any BTC from doing this, maybe in early 2010, but certainly not in 2024.
Topic: Bitcoin mining on a laptop in 2024 (Read 486 times)
While yes it is possible to run the mining software on a laptop, you won't receive any BTC from doing this, maybe in early 2010, but certainly not in 2024.
Still, is there a software that mines and prints out all the number and visualizes it - just asking from a learning point of view. Maybe something that hashes, compares throws away and all this is shown on a log.
Does anyone know of such a software?
Does anyone know of such a software?
I don't know of such mining software. But i expect it'll be very heavy process since an ASIC perform billion or more SHA-256 per second.
Yes, but for the purpose of learning wouldn't it be enough if it would even calculate a single hash in a second and show the comparison to the difficulty? Show which attributes will be included into the hashing, show how the nonce value is incremented since the comparison of the found has is larger than the difficulty. For me, these steps are clear, but I for example still don't understand what shares and what the network difficulty in a pool means. Maybe such a software, with verbose logs/output could help understand it.
Thank you for answering
Still, is there a software that mines and prints out all the number and visualizes it - just asking from a learning point of view. Maybe something that hashes, compares throws away and all this is shown on a log.
Does anyone know of such a software?
Does anyone know of such a software?
I don't know of such mining software. But i expect it'll be very heavy process since an ASIC perform billion or more SHA-256 per second.
Still, is there a software that mines and prints out all the number and visualizes it - just asking from a learning point of view. Maybe something that hashes, compares throws away and all this is shown on a log.
Does anyone know of such a software?
Does anyone know of such a software?
please tell me, is it now possible to mine satoshi using a laptop?
Technically possible but unrealistic. Furthermore, all that you will achieve by mining on a laptop, is ruining your laptop before you even see any kind of mining profits. If you want to mine, then get the right hardware for it. As many people here have already told you, buying an ASIC is your best bet if you are serious about mining.
If you just want to try out mining for the learning experience, then a laptop will do.
please tell me, is it now possible to mine satoshi using a laptop?
Using the CPU or GPU of a laptop?, no.
But you can buy an ASIC miner that can connect to your laptop, like the Compac A1
You can then run cgminer in your laptop and you will be getting sats.
Thinking about Satoshi mining with a laptop is a fool's errand. No matter how powerful the computer is, this is not possible. Bitcoin mining requires very powerful full hardware machines, which are very expensive. It will take a robust net and cannot be leaked. If the hash rate can't generate more, then it won't. ASIC and S19 are expensive, so they will not be without them. Although some minor alternatives will come out in keeping with the modern world, they are not out yet.
It is not possible to do it with a laptop. If you start, it will show that your laptop is burnt or damaged, but you will not get any results; it will just be damaged. If you want to do mining, following an alternative method without a laptop will be better.
Try starting bitcoin mining on a laptop first. It will most likely be mining other coins, but the payouts will be in bitcoins, like Nicehash does.It is not possible to do it with a laptop. If you start, it will show that your laptop is burnt or damaged, but you will not get any results; it will just be damaged. If you want to do mining, following an alternative method without a laptop will be better.
A new laptop won't break quickly, and in my experience etherium mining on laptop graphics cards miners had one in ten laptops break down in the first year.
Thinking about Satoshi mining with a laptop is a fool's errand. No matter how powerful the computer is, this is not possible. Bitcoin mining requires very powerful full hardware machines, which are very expensive. It will take a robust net and cannot be leaked. If the hash rate can't generate more, then it won't. ASIC and S19 are expensive, so they will not be without them. Although some minor alternatives will come out in keeping with the modern world, they are not out yet.
It is not possible to do it with a laptop. If you start, it will show that your laptop is burnt or damaged, but you will not get any results; it will just be damaged. If you want to do mining, following an alternative method without a laptop will be better.
It is not possible to do it with a laptop. If you start, it will show that your laptop is burnt or damaged, but you will not get any results; it will just be damaged. If you want to do mining, following an alternative method without a laptop will be better.
please tell me, is it now possible to mine satoshi using a laptop?
Sad to say, but no, it is possible that you can mine using a laptop, but it is not worth it. Profit in mining depends on how powerful and speedy your setup is, and even a high-end laptop cannot do that. I mean, it is not worth it to mine using a laptop because it could not be profitable, and you will only waste time, electricity, and the device itself because, for sure, your device life span will become short because a laptop is not built for 24/7 operation, so expect that you will only break your equipment.If you really want to earn from mining, then accept that you need to invest quite a bit because you will need high-end equipment in order to maximise the profit, and you will also need a lot of patience because you will need some time before you can see a profit, so yeah dont consider laptop.
please tell me, is it now possible to mine satoshi using a laptop?
Laptop mining is a thing of past! Now you need to buy mining rigs to be able to successfully mine a block. Otherwise you will end up burning your laptop but won't be able to find a block.
If you have a good laptop with you with great cooling system, you may want to try some CPU mineable coins like XMR. That will give you better success than bitcoin mining.
Again, laptops are not built for crypto mining.
The longer a laptop is used to mine bitcoin, the less processing power the device has.
Where does the processing power go?If you are talking about an increase in mining difficulty, then given the low hashrate of a modern laptop, an increase in difficulty in overall statistics for a month or two will not have a big impact on the result. The mining loss will be permanent.
The Bitcoin mining process requires enormous computing power. Laptops generally don't have enough processing power to compete with specialized devices designed for mining, such as ASICs (Application-Specific Integrated Circuits) or even powerful GPU graphics cards. The longer a laptop is used to mine bitcoin, the less processing power the device has. Moreover, with increasing difficulty levels and decreasing block rewards, it is difficult to earn significant Bitcoins with a laptop. It's possible to mine bitcoin with a laptop with limitations and of course the potential risk is greater.
Some miners use USB devices with 20-50 GH for solo mining and do not lose heart.
https://bitcointalksearch.org/topic/new-gekkoscience-product-the-compac-a1-5494124
Otherwise, this is a very good business, you can buy a lot of old ASICs, solder the chips and sell such mini devices for $150.
https://bitcointalksearch.org/topic/new-gekkoscience-product-the-compac-a1-5494124
Otherwise, this is a very good business, you can buy a lot of old ASICs, solder the chips and sell such mini devices for $150.
672.3 EH/s is equal to 672.3 million TH/s. So one Antminer S21 Hyd is only about 0.0000498289...% or about 1/2006865... of all miner hashrate. So your estimation ("chance of 1 in 2 million") isn't wrong. But considering hashrate growth and newer hardware in the future, the actual chance would be quite lower.
I just realize after reading what I posted that I made another mistake comparing the two, not only the chances but also the winning, with a block you get $$300k with power ball I assume you get at least a few millions (not a US citizen so don't know how that works) and probably a ticket a day is less expensive than running a miner all day.
I'm happy I was not that way off with my assumption on chances but I think in monetary terms I completely blew it, thanks again for troubles of doing the math!
The chance is extremely low, so it's almost impossible.
Is it worse than the lottery?
I read a bit about mining and different asics , so if you would invest in the newest mode wouldn't you have a chance of 1 in 2 million, and since a block is mined every 10 minutes instead of one week wouldn't that shorten the time?
I don't know how to quantify the chances by the number of draws but looking strictly at number of, isn't that an average of 15 years if everyone would be solo mining with the latest model?
I'm just asking not making a statement because I really don't know how to do the math on possibilities!
It's not as bad as lottery. Here's basic comparison and calculation.
- Powerball (US lottery game) offer win chance 1 in 292 million, https://powerball-megamillions.com/powerball/odds
- Antminer S21 Hyd have 335 TH/s, https://www.asicminervalue.com/miners/bitmain/antminer-s21-hyd-335th
- Current hashrate on Bicoin network estimated around 672.3 EH/s, https://mempool.space/mining
672.3 EH/s is equal to 672.3 million TH/s. So one Antminer S21 Hyd is only about 0.0000498289...% or about 1/2006865... of all miner hashrate. So your estimation ("chance of 1 in 2 million") isn't wrong. But considering hashrate growth and newer hardware in the future, the actual chance would be quite lower.
The chance is extremely low, so it's almost impossible.
Is it worse than the lottery?
I read a bit about mining and different asics , so if you would invest in the newest mode wouldn't you have a chance of 1 in 2 million, and since a block is mined every 10 minutes instead of one week wouldn't that shorten the time?
I don't know how to quantify the chances by the number of draws but looking strictly at number of, isn't that an average of 15 years if everyone would be solo mining with the latest model?
I'm just asking not making a statement because I really don't know how to do the math on possibilities!
If you want to mine bitcoin, you will need to buy ASIC. This machine is very power and generated higher hash rates. Buy the new ones that produces more hash rates starting from S19 or higher version. You need cheap electricity. The ASIC consume electricity a lot. You will need to calculate the electricity the machine will be consuming before buying it at all. You can not mine bitcoin with GPU not to talk of CPU.
NotFuzzyWarm provided a link, read it to understand more.
NotFuzzyWarm provided a link, read it to understand more.
Will I never mine a block with just one ASIC? Or, should I add my configured ASIC into a mining pool?
Sorry in case it's not the right section to ask this question!
I'm available to read/study the right thread if you send the link to me, thanks!
please tell me, is it now possible to mine satoshi using a laptop?
Try using NiceHash, 2Miners or unmineable.com.You will mine other coins, but you will be able to receive rewards in bitcoins and other coins from the list of possible ones. Mining on a laptop is not profitable right now, but if you want to try it for learning, then do it.
They have a payout threshold though, OP needs to hit the range before he can be able to withdraw Bitcoin, I think with a laptop it will take forever unless it is a higher end laptop with RTX graphics card because even with the world fastest graphics cards you will be making $1 per day, it sucks this bad.
Also OP expect your laptop to get very very hot, and do not blame anyone if the next day your laptop won't turn on, because laptops are not created to handle this crazy power usage around the clock, I suggest a better cooling method for the laptop and also do not use it to mine 24/7 per day.
I know someone who mined 19 million Shiba inu using Unmineable platform, so yes it is doable using a graphics card and getting paid in BTC.
If you want to mine bitcoin, you will need to buy ASIC. This machine is very power and generated higher hash rates. Buy the new ones that produces more hash rates starting from S19 or higher version. You need cheap electricity. The ASIC consume electricity a lot. You will need to calculate the electricity the machine will be consuming before buying it at all. You can not mine bitcoin with GPU not to talk of CPU.
NotFuzzyWarm provided a link, read it to understand more.
NotFuzzyWarm provided a link, read it to understand more.
This is pretty clear, to mine Bitcoins efficiently, you need special machines called ASICs. These machines are very powerful and can produce high hash rates, which is very important for the Bitcoin mining process. For the best, buy newer versions, like you said S19 or higher, as they can produce higher hash rates.
Although many people agree that Bitcoin mining with ASIC machines is the most efficient, I have a slightly different opinion. I think there are some things that could make ASIC machines less suitable for some miners, such as cost issues; ASIC machines do not have extraordinary performance, but the initial cost of purchasing these machines can be very high. Investment for small miners or individuals just starting out
If you want to mine bitcoin, you will need to buy ASIC. This machine is very power and generated higher hash rates. Buy the new ones that produces more hash rates starting from S19 or higher version. You need cheap electricity. The ASIC consume electricity a lot. You will need to calculate the electricity the machine will be consuming before buying it at all. You can not mine bitcoin with GPU not to talk of CPU.
NotFuzzyWarm provided a link, read it to understand more.
NotFuzzyWarm provided a link, read it to understand more.
Will I never mine a block with just one ASIC?
The chance is extremely low, so it's almost impossible.
Or, should I add my configured ASIC into a mining pool?
Yes. Although i would recommend you to check whether it's possible to make profit (based on that ASIC and electricity price) using Bitcoin mining calculator.
Sorry in case it's not the right section to ask this question!
I'm available to read/study the right thread if you send the link to me, thanks!
I'm available to read/study the right thread if you send the link to me, thanks!
First of all, have you read thread mentioned by @NotFuzzyWarm ?
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