Author

Topic: cpu coins - why so unprofitable to mine?? (Read 1567 times)

legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 10, 2013, 12:51:25 PM
#11
Mine CPR and you'll make bank
member
Activity: 102
Merit: 10
September 10, 2013, 12:46:47 PM
#10
I have been mining primecoin with several hundred cores pointed to ypool but after seeing this I thought I would switch a few to Securecoin and see how it does.  A dual processor L5420 hashes at 296 kh/s which should result in about 10 src/day.   That is about $20 a month before power costs.  Primecoin seems to be just slightly better.
sr. member
Activity: 280
Merit: 250
September 10, 2013, 11:45:59 AM
#9
CPU mining IS profitable, just do your homework.

May I know your CPU rig specs?


Take an old i 2600k mild oced to 42 that draws max 170w resulting arround 750 kh/s while mining SRC => aprox 20 SRC/day or 0.015 BTC/day at coinmine.
So 0,45 BTC/month x 123 = 55,35 $ - 15 $ (power cost) =40,35 $ net/month . On top of that  add your mining cards' revenue

Keep in mind also that the new 4770k is more efficient and will get you >=1Mh/s. 
qed

I've mined SRC with various i7s...
And even with these ** exaggerated numbers ** you are talking $1/day.

A random panhandler on a random urban street corner can make $20/day EASY...
So you are talking about making < homelsss street person. What fun.

There will be money in CPU Alt Coins as the Universe grows...
But it will require vertical integration: launching, mining, trading, etc.


sr. member
Activity: 364
Merit: 253
September 10, 2013, 11:24:35 AM
#8
CPU mining IS profitable, just do your homework.

May I know your CPU rig specs?


Take an old i 2600k mild oced to 42 that draws max 170w resulting arround 750 kh/s while mining SRC => aprox 20 SRC/day or 0.015 BTC/day at coinmine.
So 0,45 BTC/month x 123 = 55,35 $ - 15 $ (power cost) =40,35 $ net/month . On top of that  add your mining cards' revenue

Keep in mind also that the new 4770k is more efficient and will get you >=1Mh/s. 
qed

Don't you do primecoins or qrk? What's your opinion on the 3770K?
hero member
Activity: 505
Merit: 500
September 10, 2013, 11:21:01 AM
#7
CPU mining IS profitable, just do your homework.

May I know your CPU rig specs?


Take an old i 2600k mild oced to 42 that draws max 170w resulting arround 750 kh/s while mining SRC => aprox 20 SRC/day or 0.015 BTC/day at coinmine.
So 0,45 BTC/month x 123 = 55,35 $ - 15 $ (power cost) =40,35 $ net/month . On top of that  add your mining cards' revenue

Keep in mind also that the new 4770k is more efficient and will get you >=1Mh/s. 
qed
donator
Activity: 1218
Merit: 1079
Gerald Davis
September 10, 2013, 08:43:08 AM
#6
All computers have a CPU.
Botnets are made of up infected computers.
Therefore all botnets have lots of CPUs.

You are competing against people who have "free" access to tens of thousands of CPU and no power cost.
sr. member
Activity: 364
Merit: 253
September 10, 2013, 08:33:59 AM
#5
CPU mining IS profitable, just do your homework.

May I know your CPU rig specs?
hero member
Activity: 505
Merit: 500
September 10, 2013, 08:18:04 AM
#4
CPU mining IS profitable, just do your homework.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
September 10, 2013, 08:13:17 AM
#3
Yes i agree, it seems cpu coins are always doomed to become very unprofitable to mine after the first couple of weeks.
sr. member
Activity: 743
Merit: 250
September 10, 2013, 08:02:22 AM
#2
at current prices these coins are profitable only if you own hardware yourself and it is power efficient.

no point in using VPS services.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
September 10, 2013, 07:56:32 AM
#1
prime, quark,secure, etc

Is it because people just mine them regardless since their cpu's are doing nothing anyway whilst their 7950's are hashing away? hence the diff stays high regardless of the price.

Even so, don't cpu's burn more electricity being maxed out than just being idle. At 95w processor is still not profitable really mining most of these cpu coins i would rather leave the cpu's idle and slap another 7950 in a machine here and there. Another factor i guess is botnets that people can use for their own purposes whilst the boss doesn't catch on.
Jump to: