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Topic: Is mining with a regular computer profitable? - page 2. (Read 1626 times)

member
Activity: 98
Merit: 10
there are 5 idle cpu's here in our office that I can use to mine, but based on the feedback here, looks like its not a good idea.
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
try some x11 coins Smiley
legendary
Activity: 1414
Merit: 1001
I am not sure because the income you can depend on the coin you are mine: D
legendary
Activity: 938
Merit: 1000
Mine a coin with CPU isn´t profitable, But you need take a test to checking what is said here, A option is minergate to mine ByteCoin or anothers cryptonight algos with same interface.
newbie
Activity: 34
Merit: 0
I've never mined before but i am looking into it. Is it possible to make a profit mining cryptocurrencies with an average computer? I have read a decent amount about mining, and I know its not a get rich quick scheme, but are there any currencies where mining is actually profitable without ASIC or a powerful computer. If so, what currencies would you recommend to start mining?

It depends on what is required for you to get started, and what you mean by "profitable".  If you already have a computer that is running 24/7, and a reasonably powerful gpu, then absolutely it is profitable.  you won't get rich doing it, but you will make money.  The trick is to find the sweet spot of efficiency.  In other words, running your gpu at maximum possible hash may not be the most profitable.  Figure out your power usage vs the amount of money you make, per day.  Look for the sweet spot between minimum power usage and maximum hash rate.

If you are considering setting up a gpu farm....then you have to factor in how long it will take to recover the equipment cost.  if you are rich, then you can just eat the equipment cost and set it up as an extra income source.  If you are not, and need to recover those costs.....then you need to seriously do some major planning.  Everyone wants to get in on coin mining.  Which means, if you don't go huge right off the bat, you can't ever recover your equipment costs.  Why?  Because as time passes, mining always becomes less and less profitable.  I have already seen a few people with gpu farms talk about shutting down until it becomes profitable again...if ever. 

hero member
Activity: 770
Merit: 500
Even though for some alt coinslike DOGE, LTC,etc., CPU mining is already dead. But still having some CPU minable cons like XMR, BCN, QCN, etc., For more info refer ► https://minergate.com


~Rude Boy  Kiss
newbie
Activity: 14
Merit: 0
I've never mined before but i am looking into it. Is it possible to make a profit mining cryptocurrencies with an average computer? I have read a decent amount about mining, and I know its not a get rich quick scheme, but are there any currencies where mining is actually profitable without ASIC or a powerful computer. If so, what currencies would you recommend to start mining?

No mate is not possible. Or to be fairy maybe is possible but is not profitable. You will not earn nothing with your computer if you will want to mine bitcoin. Mining with computer is obsolete because the cpu and the gpu are not capable to mine nothing.
legendary
Activity: 1134
Merit: 1000
I've never mined before but i am looking into it. Is it possible to make a profit mining cryptocurrencies with an average computer? I have read a decent amount about mining, and I know its not a get rich quick scheme, but are there any currencies where mining is actually profitable without ASIC or a powerful computer. If so, what currencies would you recommend to start mining?

For the bitcoin forget it. I don't know it it will be profitable for the other coins but even if it will be possible the earnings will be very low because their price it will be very low. So, to resume, no. You must have a good ASIC to earn something good.
legendary
Activity: 1400
Merit: 1050
Depends what alt-coin you want to mine. At the moment, Litecoin and Dogecoin, right now, not profitable without a newer AMD GPU. So, in short, nope.
hu ? probably not profitable unless you have an asic...
full member
Activity: 182
Merit: 100
Hello there!
Depends what alt-coin you want to mine. At the moment, Litecoin and Dogecoin, right now, not profitable without a newer AMD GPU. So, in short, nope.
newbie
Activity: 6
Merit: 0
I've never mined before but i am looking into it. Is it possible to make a profit mining cryptocurrencies with an average computer? I have read a decent amount about mining, and I know its not a get rich quick scheme, but are there any currencies where mining is actually profitable without ASIC or a powerful computer. If so, what currencies would you recommend to start mining?
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