Pages:
Author

Topic: Is it worth mining bitcoin with CPU? - page 2. (Read 3007 times)

full member
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
February 01, 2015, 03:24:13 AM
#13
How much money will i make in a day with this cpu:


Mining bitcoin. Nada.
Mining altcoin. Sure
Q7
sr. member
Activity: 448
Merit: 250
February 01, 2015, 02:46:38 AM
#12
Look under the altcoin annoucement page. You will have better luck mining newly launch cpu coins and then convert it to btc rather than mining btc directly, which basically yield nothing.
hero member
Activity: 686
Merit: 500
February 01, 2015, 02:13:30 AM
#11
I had to check the date that this was posted. Twice.
Excuse me now while I got outside and wait for nickels to fall from Mars.
legendary
Activity: 1008
Merit: 1000
February 01, 2015, 01:58:55 AM
#10
I used to mine Primecoins on my two CPUs. Was fun to get the blocks, I think the reward was almost 20 then. Then the difficulty kept rising and I shut them down when it crossed 9.

I doubt there is any profitable enough CPU coin these days.
sr. member
Activity: 462
Merit: 250
WikiScams.org - Information about Bitcoin Scams
February 01, 2015, 12:56:28 AM
#9
Yeah, I forgot to say that it should be possible to mine CPU and GPU mineable altcoins and then convert them to BTC using an altcoin exchange such as Cryptsy. You wouldn't be mining Bitcoin directly, but you'd earn much more BTC this way. Here is a list of CPU mineable coins:

http://www.cpucoinlist.com/

And here is a site where you can compare the profitability of mining different coins:

http://www.coinwarz.com/

Don't bother mining any coins that use SHA-256 (e.g. Bitcoin, Peercoin) or Scrypt (e.g. Litecoin, Dogecoin) since these are dominated by specialized ASIC hardware.
hero member
Activity: 658
Merit: 501
January 31, 2015, 11:52:49 PM
#8
How much money will i make in a day with this cpu:



Perhaps ethereum whenever it finally gets released can be mined on a cpu.
legendary
Activity: 2982
Merit: 4193
January 31, 2015, 11:52:30 PM
#7
A few satoshi, CPU mining is a thing of the past. GPU took over CPU mining late in the 2010. ASIC took over GPU at around 2013, the smallest ASIC miner, USB block erupter can mine Bitcoin more efficiently in terms of power consumption and space requirements. You can try mining GPU and ASIC resistant coins but there is no guarantee that the price will crash and you would lose your profits.
legendary
Activity: 868
Merit: 1004
January 31, 2015, 11:51:14 PM
#6
Its not worth mining any coin unless the coin is new, from a joe pov.
sr. member
Activity: 462
Merit: 250
WikiScams.org - Information about Bitcoin Scams
January 31, 2015, 11:25:51 PM
#5
Definitely not worth it today. It used to be that CPU mining was worth it, but that was back in 2009 and 2010. By late 2010, CPU mining became obsolete because GPU mining was developed. Then in 2013, ASICs were developed which made even high-end GPUs obsolete.

To put it into perspective, your CPU would be capable of ~6 MH/s while consuming 80W of power. A single USB Block Erupter which can be bought for $8 used on eBay can achieve 333 MH/s while consuming 2.5W of power. Even so, that Block Erupter would only earn you ~150,000 satoshis per year (worth about 30 cents) assuming that the difficulty doesn't increase.

I'm getting about 6,000Khash/sec with a 6-core, 3.33GHz Xeon Mac Pro.  I tried the -4way switch but it didn't seem to help.
sr. member
Activity: 448
Merit: 250
January 31, 2015, 11:14:27 PM
#4
Without question, the answer is no.
You would literally be better off standing outside trying to catch nickels falling from Mars.
sr. member
Activity: 560
Merit: 250
January 31, 2015, 11:02:23 PM
#3
You would be lucky to get even a cent with a CPU at the current difficulty (Even with free power)...
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
January 31, 2015, 10:57:36 PM
#2
Zero, no, sorry.
The network is too powerful for a single CPU to have a chance.
sr. member
Activity: 459
Merit: 251
January 31, 2015, 10:56:47 PM
#1
How much money will i make in a day with this cpu:

Pages:
Jump to: