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Topic: Free electricity but no free Internet... Should I still mine? (Read 1721 times)

member
Activity: 116
Merit: 10
lol, no you should not mine. It's quite clear you know very little about this. Without expensive mining equipment you will get zero. You can't just take your laptop and a usb miner you bought off ebay plonk it down in a library for a few hours and expect to get some easy coins. Please do some more research before you jump in.
IMO this is the answer you should be looking at, the smaller ASIC's bought few months back "which are still incomparable to normal equipments" won't reach ROI most likely. I doubt the mining profit would even cover your computer consumption.
newbie
Activity: 14
Merit: 0
Get a real job. That's the only thing I can say.
legendary
Activity: 1358
Merit: 1000
Even with a decent ASIC, like the 1.3 Mh/s GAW fury, you'd still make less than 50¢ per day. It doesn't seem worthwhile to spend your day at the library just for that.

which probably wont be sufficient to cover your hardware costs....
sr. member
Activity: 462
Merit: 253
Even with a decent ASIC, like the 1.3 Mh/s GAW fury, you'd still make less than 50¢ per day. It doesn't seem worthwhile to spend your day at the library just for that.
hero member
Activity: 561
Merit: 500
I live near a university that has a library where anyone can just enter and plug in their laptop.

However, since I'm not a student there, I don't have access to their free Internet. Sad Now, I know that you need to be connected to the Internet in order to mine so my question is, do you think it would be worthwhile to mine in my situation? Obviously I would need to use my mobile Internet to mine which is rather expensive per GB.

Because of this, I'm guessing that the profitability of mining would depend on the amount of bandwidth that mining consumes, correct?

The library is open from about 6 o'clock morning to just before midnight, so that would be roughly 15-18 hours of non-stop mining.

The miner would have to be quiet too and not emit too much heat. A USB-powered miner or something a bit bigger but with passive cooling would be perfect.

Even if you have free electricity, I don't think you can get profit from mining with USB ASICs.
Just forget about mining yourself and buy some bitcoin directly.
hero member
Activity: 938
Merit: 501
That ship sailed for you a long time ago, mate
You are better served by getting a job, and using $ to buy bitcoins
sr. member
Activity: 420
Merit: 250
You can't mine and profit at library unless you can bring in a huge machine and not get noticed. They would chase you out for your ASIC or computer making too much noise.

I believe asic noise can be lowered by doing some simple modification, heat is the biggest issue..
legendary
Activity: 2982
Merit: 4193
You can't mine and profit at library unless you can bring in a huge machine and not get noticed. They would chase you out for your ASIC or computer making too much noise.
full member
Activity: 224
Merit: 100
If the IT guy of said library knows his job you won't be able to mine anyways, because he'll have blocked any ports except for HTTP, HTTPS and maybe the most common ports for Mail.

My advise: Just forget mining if you want to do it to "earn" money. Either safe up some Dollars and then just buy Bitcoins directly and do some trading (buy low, sell high) or do stuff that get's paid in Bitcoin, like a Signature Campaign in this forum.

He won't be using their Internet anyway, so I doubt the IT guy can do anything about it.

Oh I kinda misunderstood that part. Well if he's going to use mobile internet and the mobile internet package he is paying anyways isn't enough and forces him to upgrade it just for mining then that upgrade's price will eat up his income from the mining considering that he wants to use small miners like the Antminers.
sr. member
Activity: 644
Merit: 260
Instead of mine or buying mining dedicated harware you should just buy bitcoins directly.
Mining isn't profitable and if you want to try just for fun, rent a cloud rig for a day and have fun with that.
newbie
Activity: 44
Merit: 0
Buy a wifi antenna the longer the range the better. Some can reach up to 20 km. If buy you from some chinese in ebay they even include a cd that will enable you to automatically hack weak wifi systems and you will able to connect even it has passwords.
Can you provide me a link with auction like this?
Never heard of CDs like these. That's how script kiddies are born.
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
Get a job and invest in proper mining equipment if you want a chance in making some profit from mining its so hard to get into mining these days you need a lot of cash to begin with.
sr. member
Activity: 259
Merit: 250
I live near a university that has a library where anyone can just enter and plug in their laptop.

However, since I'm not a student there, I don't have access to their free Internet. Sad Now, I know that you need to be connected to the Internet in order to mine so my question is, do you think it would be worthwhile to mine in my situation? Obviously I would need to use my mobile Internet to mine which is rather expensive per GB.

Because of this, I'm guessing that the profitability of mining would depend on the amount of bandwidth that mining consumes, correct?

The library is open from about 6 o'clock morning to just before midnight, so that would be roughly 15-18 hours of non-stop mining.

The miner would have to be quiet too and not emit too much heat. A USB-powered miner or something a bit bigger but with passive cooling would be perfect.

Well, you can do that only if you stay very close to the library and don't mine to move your miner everyday. You can save some electricity..
sr. member
Activity: 462
Merit: 250
WikiScams.org - Information about Bitcoin Scams
If the IT guy of said library knows his job you won't be able to mine anyways, because he'll have blocked any ports except for HTTP, HTTPS and maybe the most common ports for Mail.

My advise: Just forget mining if you want to do it to "earn" money. Either safe up some Dollars and then just buy Bitcoins directly and do some trading (buy low, sell high) or do stuff that get's paid in Bitcoin, like a Signature Campaign in this forum.

He won't be using their Internet anyway, so I doubt the IT guy can do anything about it.
full member
Activity: 224
Merit: 100
If the IT guy of said library knows his job you won't be able to mine anyways, because he'll have blocked any ports except for HTTP, HTTPS and maybe the most common ports for Mail.

My advise: Just forget mining if you want to do it to "earn" money. Either safe up some Dollars and then just buy Bitcoins directly and do some trading (buy low, sell high) or do stuff that get's paid in Bitcoin, like a Signature Campaign in this forum.
hero member
Activity: 756
Merit: 500
lol, no you should not mine. It's quite clear you know very little about this. Without expensive mining equipment you will get zero. You can't just take your laptop and a usb miner you bought off ebay plonk it down in a library for a few hours and expect to get some easy coins. Please do some more research before you jump in.
legendary
Activity: 1232
Merit: 1002
Buy a wifi antenna the longer the range the better. Some can reach up to 20 km. If buy you from some chinese in ebay they even include a cd that will enable you to automatically hack weak wifi systems and you will able to connect even it has passwords.

lol .... why would you hack a wi-fi???


I never understood people who hack wi-fi's to use them!

You hack a wi-fi if you need someone else password .... not to use his wi-fi ... because if you hack a bad ass mother fucker's wi-fi then he will hack your passwords!
 
member
Activity: 109
Merit: 10
Buy a wifi antenna the longer the range the better. Some can reach up to 20 km. If buy you from some chinese in ebay they even include a cd that will enable you to automatically hack weak wifi systems and you will able to connect even it has passwords.
hero member
Activity: 798
Merit: 1000
I live near a university that has a library where anyone can just enter and plug in their laptop.

However, since I'm not a student there, I don't have access to their free Internet. Sad Now, I know that you need to be connected to the Internet in order to mine so my question is, do you think it would be worthwhile to mine in my situation? Obviously I would need to use my mobile Internet to mine which is rather expensive per GB.

Because of this, I'm guessing that the profitability of mining would depend on the amount of bandwidth that mining consumes, correct?

The library is open from about 6 o'clock morning to just before midnight, so that would be roughly 15-18 hours of non-stop mining.

The miner would have to be quiet too and not emit too much heat. A USB-powered miner or something a bit bigger but with passive cooling would be perfect.

seriously now ... you want to say you have nothing better to do than just go there and waste 15-18 hours/day watching your miner mine???


get a job! Get some internet and electricity at home and mine from there!

Exactly, it's just retarded. You can get a cheap GAWMiner Fury, but unless you stupidly sit at a library for nearly the entire day for like 3 months, you won't profit.
Forget it.
legendary
Activity: 1232
Merit: 1002
I live near a university that has a library where anyone can just enter and plug in their laptop.

However, since I'm not a student there, I don't have access to their free Internet. Sad Now, I know that you need to be connected to the Internet in order to mine so my question is, do you think it would be worthwhile to mine in my situation? Obviously I would need to use my mobile Internet to mine which is rather expensive per GB.

Because of this, I'm guessing that the profitability of mining would depend on the amount of bandwidth that mining consumes, correct?

The library is open from about 6 o'clock morning to just before midnight, so that would be roughly 15-18 hours of non-stop mining.

The miner would have to be quiet too and not emit too much heat. A USB-powered miner or something a bit bigger but with passive cooling would be perfect.

seriously now ... you want to say you have nothing better to do than just go there and waste 15-18 hours/day watching your miner mine???


get a job! Get some internet and electricity at home and mine from there!
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