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Topic: Is it worth to mine with my old computer - page 4. (Read 6111 times)

hero member
Activity: 686
Merit: 500
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everybody told me that mining is unprofit,so all i have to do just looking for a better way to get bitcoin

Not for now.
If you want to mining, better to find altcoin which have a potential to the moon. But most all altcoin is easy to dump and pump so be careful.


~iki
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
everybody told me that mining is unprofit,so all i have to do just looking for a better way to get bitcoin

mining is not profitable these days because bitcoin price is very low unlike in 2013 to early 2014 where bitcoin price is at its peek.
They weren't much more profitable at that time either. The difficulty was rising tremendously. Even if you chose to buy at the $300-400 price point, by the time your ASIC comes, you won't have much time left to mine. Furthermore, the price crashed a lot in the coming months and people were losing lots of money. If you brought at the $400 price point, you could have just sold it when it reached $1000. Buying Bitcoins is still the most effective way to earn.
hero member
Activity: 882
Merit: 595
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

its really really not worth for you
its just make your computer broken
hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

You will lose more power costs than you will earn something from it. There are special coins that are made for mining with a CPU though even then its not worth i.

I the case you now think about investing into hardware for mining bitcoins, please check before here: http://mining.thegenesisblock.com/

The biggest error most newbies do is not to realize that the profits are going down each month fast. So when you did not get your investment back in the first 2 or 3 months then you most probably will not make the investment back ever.

The same goes for cloud mining. Its simply way too hard.

I suggest stay out of it as long as you dont have some serious advantage, like power costs very low or so.
newbie
Activity: 52
Merit: 0
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

I suggest you to forget about mining. Sell your computer and buy bitcoins, after that you can buy high rank forum account and join signature campaigns so you can earn more.

Also a good idea...
just wondering how much will an acc cost...

Jr. Member/newbie =0.02-0.04btc with potential FM
member = 0.02-0.04btc
Fullmember = 0.05-0.1btc
Sr.member = 0.2-0.3btc
Hero 0.4-0.6btc
Legendary 1-2btc

out of topic
legendary
Activity: 3472
Merit: 10611
wow...1-2 btc for a Legendary acc
how long time will it take to become Legendary?
coz i really can't understand the calculation of activity
read the meta section on ranks: https://bitcointalksearch.org/topic/forum-rankspositionsbadges-what-do-those-shiny-coins-under-my-name-mean-178608
and i say, you already have an account with 14 account, hang around and built that up yourself. and if you want to buy an account you can but a full or Sr. member which are cheeper.

and for cloudmining i suggest you read this topic: https://bitcointalksearch.org/topic/m.9697654 you'll get good information there.

and if you are interested in mining so much, you can look into mining altcoins and selling them for bitcoin.
hero member
Activity: 504
Merit: 500
everybody told me that mining is unprofit,so all i have to do just looking for a better way to get bitcoin

mining is not profitable these days because bitcoin price is very low unlike in 2013 to early 2014 where bitcoin price is at its peek.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

I suggest you to forget about mining. Sell your computer and buy bitcoins, after that you can buy high rank forum account and join signature campaigns so you can earn more.

Also a good idea...
just wondering how much will an acc cost...

Jr. Member/newbie =0.02-0.04btc with potential FM
member = 0.02-0.04btc
Fullmember = 0.05-0.1btc
Sr.member = 0.2-0.3btc
Hero 0.4-0.6btc
Legendary 1-2btc

wow...1-2 btc for a Legendary acc
how long time will it take to become Legendary?
coz i really can't understand the calculation of activity
Legendary is currently between 775 and 1030 activity. If one stays active and never misses a activity, it would be 27 months. If one is unlucky, it would be 36 months. It is currently very rare and the price is because of the rank and nothing else. Others are priced mostly based on number of open campaigns. The amount can vary depending on trust, age and post quality.
member
Activity: 70
Merit: 10
★YoBit.Net★ 200+ Coins Exchange & Dice
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

I suggest you to forget about mining. Sell your computer and buy bitcoins, after that you can buy high rank forum account and join signature campaigns so you can earn more.

Also a good idea...
just wondering how much will an acc cost...

Jr. Member/newbie =0.02-0.04btc with potential FM
member = 0.02-0.04btc
Fullmember = 0.05-0.1btc
Sr.member = 0.2-0.3btc
Hero 0.4-0.6btc
Legendary 1-2btc

wow...1-2 btc for a Legendary acc
how long time will it take to become Legendary?
coz i really can't understand the calculation of activity
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

NO
you can make your computer dead
With good cooling, no but degradation is possible with 24 hours full load.

Mining with old computers is no longer a good choice. You can still hook up a USB miner or any other miner to mine but I doubt it would be profitable unless you have no electrical costs. You can also buy a raspberry pi to hook it up. Most signature campaigns do not accept low quality accounts which many people are selling right now. I would suggest that you could buy one from a trusted seller with assurance that the post history is good.
hero member
Activity: 504
Merit: 500
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

I suggest you to forget about mining. Sell your computer and buy bitcoins, after that you can buy high rank forum account and join signature campaigns so you can earn more.

Also a good idea...
just wondering how much will an acc cost...

Jr. Member/newbie =0.02-0.04btc with potential FM
member = 0.02-0.04btc
Fullmember = 0.05-0.1btc
Sr.member = 0.2-0.3btc
Hero 0.4-0.6btc
Legendary 1-2btc
newbie
Activity: 52
Merit: 0
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

NO
you can make your computer dead
legendary
Activity: 1050
Merit: 1000
Mining for you isn't completely out of the question yet. Mining for bitcoin is out of the question for you, not altcoins.
Depending on your processor, you may still be able to mine new, low-difficulty coins. These coins usually have a low value, however if your processor is decent you could ROI and make a small profit and or hold onto those low value coins.
member
Activity: 70
Merit: 10
★YoBit.Net★ 200+ Coins Exchange & Dice
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

I suggest you to forget about mining. Sell your computer and buy bitcoins, after that you can buy high rank forum account and join signature campaigns so you can earn more.

Also a good idea...
just wondering how much will an acc cost...
hero member
Activity: 504
Merit: 500
I have a computer which will not used, however, it is about 4-5 years old already,
is it worth to use it to mine BTC?

If yes, how much will I expect to get in 1 month Huh

I suggest you to forget about mining. Sell your computer and buy bitcoins, after that you can buy high rank forum account and join signature campaigns so you can earn more.
member
Activity: 70
Merit: 10
★YoBit.Net★ 200+ Coins Exchange & Dice
I have an idea, how about PoS mining .Just keep your wallet application running & you'll earn money Smiley
Just choose the good altcoin, i recommend Diamond (DMD) for now. But, you must have a lot of that altcoin to start

they are worthless, and they earning is abysmally low, like 1-50% of your stash and per YEAR

so if you have 100 diamond, you will only earn 50 coins a year, which mean 50/365 0.13 a day, which at current btc/dmd price is 13k satoshi per day

a bit ridiculous, when there are faucet that can give you 4k per hour...

not to mention that most signature campaigns on this forum offer much more than this for a single post; altcoins really arent worth the time and effort imo.

thats why I have joined 1 already...
but not much okay for newbie
legendary
Activity: 1288
Merit: 1043
:^)
I have an idea, how about PoS mining .Just keep your wallet application running & you'll earn money Smiley
Just choose the good altcoin, i recommend Diamond (DMD) for now. But, you must have a lot of that altcoin to start

they are worthless, and they earning is abysmally low, like 1-50% of your stash and per YEAR

so if you have 100 diamond, you will only earn 50 coins a year, which mean 50/365 0.13 a day, which at current btc/dmd price is 13k satoshi per day

a bit ridiculous, when there are faucet that can give you 4k per hour...

not to mention that most signature campaigns on this forum offer much more than this for a single post; altcoins really arent worth the time and effort imo.
legendary
Activity: 3248
Merit: 1070
I have an idea, how about PoS mining .Just keep your wallet application running & you'll earn money Smiley
Just choose the good altcoin, i recommend Diamond (DMD) for now. But, you must have a lot of that altcoin to start

they are worthless, and they earning is abysmally low, like 1-50% of your stash and per YEAR

so if you have 100 diamond, you will only earn 50 coins a year, which mean 50/365 0.13 a day, which at current btc/dmd price is 13k satoshi per day

a bit ridiculous, when there are faucet that can give you 4k per hour...
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
I have an idea, how about PoS mining .Just keep your wallet application running & you'll earn money Smiley
Just choose the good altcoin, i recommend Diamond (DMD) for now. But, you must have a lot of that altcoin to start
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
I can vouch for that. Mining became harder and harder, no matter which coin we talk about.

Most of my coins I've bought from the money I earned from signature campaigns and, really, those are tiny amounts, because I don't want to spend too much time talking.
Since I have a decent job, I ... just do my job. I even turn FIAT into cryptos and I think that this is best way to go forwards: the job gives me more money than I could earn from mining and chatting, and buying can help the coin price (and economy) grow.

So unless you have all you need for starting mining facility (dirt cheap power, good knowledge, space, a lot of cheap ASICS, FPGA or GPUs), it's not actually worth to mine.


so I may just keep my bitcoin jobs, but it really really slow...Sad

You need patience; bitcoin has low price now, but a bright future lies ahead. It has to grow eventually.
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