is my Computer is profitable in mini??ng - page 2.

saiha

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Quote from: jennywhzz on June 04, 2016, 02:31:40 AM

You need a very high Spec Computer to be able to mine coins

I think the computer spec of op indicated in his post is somewhat profitable, but not that too high. Let's say it's profitable because he can still from it
even a small amount of it.
But if you want to be more profitable when it comes to mining you really should invest on it.

Digital_Lord

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Quote from: romero121 on June 02, 2016, 06:12:05 AM

Try mining altcoins which at present has been experiencing rise. So that you could easily do trade with bitcoin and grab good profit.

Mining of altcoin could be probably better then bitcoin..
first you can't min with your computer as it is very low quality and doesn't support mining materials, second if you do mining you'll not get any profit. because bitcoin mining need so much electricity.
mining altcoin is better because you can easily sell them to bitcoin.

jennywhzz

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You need a very high Spec Computer to be able to mine coins

serje

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Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

for educational purposes it's perfect!

Just join any mining pool and see how much you get after a few blocks are solved.

I would suggest that you join different mining pools(3 at least) and stay 1 day in each .... see witch one gives the best output and then decide.

All the people here would say it's not profitable .... but only you can decide if it is or not. imagine you make 0.00500000BTC, you keep them and after a few years BTC price is 250.000$/1BTC that will be 1250$ if the price will go that high

No one can tell if it's profitable or not .... because no one knows what the price will be and everyone is referring to the actual price witch in my opinion sucks.

When BTC will be used worldwide by everyone then 0.1BTC will be enough to live a few years without problem.
the fees will be 0.00000001BTC because there will be billions of transactions everyday.

I would say just go and mine some coins Wink

notlist3d

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Quote from: kacang on June 03, 2016, 11:07:57 PM

No, it is not very profitable mining btc with pc but maybe you can mine a new altcoin

There is not really some "new altcoin" that makes it worth it. Sadly most new altcoins are total crap and pump/dump. There will be miners who mine them and hope to cash in by being early..... but it honestly is a lot of luck.

Instead of new altcoin honestly only chance with specs above is Ether. But we don't know card to know if it works good with it. But OP's only chance I think I see is mining Ether and holding it.

secone

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Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

it's very profitable if you not pay electric fee Roll Eyes

but not sure you can earn more money with your spec. i prefered sell your computer and building new dualcore computer with VGA R9 290x it's more profitabale.

kacang

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No, it is not very profitable mining btc with pc but maybe you can mine a new altcoin

Mvaporis1961

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I think using your computer in mining bitcoin is not a good one because it can damage your computer components especially your Cental Processing Unit. If you have a extra budget i would suggest to buy a mining rig because it's more profitable and safe than using your computer in mining because mining rig is designed to mine bitcoins.

crossabdd

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mining using CPU I concerned it was not profitable, and it is better not to keep your computer.

but better to try mining using GPU. What kind of VGA are you using? altcoins mining can be profitable, you can try mining ETH

saiha

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Quote from: romero121 on June 02, 2016, 06:12:05 AM

Try mining altcoins which at present has been experiencing rise. So that you could easily do trade with bitcoin and grab good profit.

For me, ETH is the best alt coin that you could mine since it is the next on line with bitcoin and still it is not late for buying and investing with ETH.
And the specs of op's computer I guess, that is profitable for mining ETH.

romero121

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Try mining altcoins which at present has been experiencing rise. So that you could easily do trade with bitcoin and grab good profit.

hendra147

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Quote from: Kakmakr on June 02, 2016, 02:51:30 AM

Quote from: Junamalik on June 01, 2016, 09:01:14 PM

Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

can you share more detail ?

Why do you need more detail than this? It is clear from what he posted that Bitcoin mining will never be profitable with this. We use specialized Asic chips now to do the mathematical calculations for Bitcoin mining, and CPU's and GPU's will yield ZERO results, because the difficulty are much too high for computers to mine.

You could visit the mining section of this forum, and see if you can mine some Alt coin with it, but the value of these Alt coins are so low, it might not even pay for your electricity once you done. ^hmmmmm^

like the word in bold, he wanted to know in detail the type of VGA used for mining. maybe if he uses AMD R9 280x above, it is good to do mining and it can be profitable. but not mining bitcoin, altcoins certainly more profitable.

avatar_kiyoshi

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Quote from: Ardenyham on June 02, 2016, 03:05:30 AM

Quote from: densuj on April 27, 2016, 01:14:24 AM

Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

You can try mining on minergate.com

minergate is just waste of time. one of my friend refer me to minergae mining app, I used it for almost 2 months, and in two months I only earned 0.00001 bitcoin(with all altcoin minings) I don't even confirm about minergate's legitimate or not. because I haven't earn enough to cashout and check the system at least..
better to do something else instead to blocking you jamming your system for minergate,

Minergate application for PC is contain malware and other suspicious .
Android app makes your device overheat, I used it for my Android sometime, it's not really worth.

Ardenyham

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Quote from: densuj on April 27, 2016, 01:14:24 AM

Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

You can try mining on minergate.com

minergate is just waste of time. one of my friend refer me to minergae mining app, I used it for almost 2 months, and in two months I only earned 0.00001 bitcoin(with all altcoin minings) I don't even confirm about minergate's legitimate or not. because I haven't earn enough to cashout and check the system at least..
better to do something else instead to blocking you jamming your system for minergate,

Kakmakr

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Quote from: Junamalik on June 01, 2016, 09:01:14 PM

Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

can you share more detail ?

Why do you need more detail than this? It is clear from what he posted that Bitcoin mining will never be profitable with this. We use specialized Asic chips now to do the mathematical calculations for Bitcoin mining, and CPU's and GPU's will yield ZERO results, because the difficulty are much too high for computers to mine.

You could visit the mining section of this forum, and see if you can mine some Alt coin with it, but the value of these Alt coins are so low, it might not even pay for your electricity once you done. ^hmmmmm^

techgeek

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The only profit coin would be like ETH which someone mentioned above.

Or you can see if you can buy a set of GPU cards for good prices its still worth mining since you already know this coin is going to be launched with coinbase when they finalize things if they do.

notlist3d

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Quote from: Turk Ace on June 01, 2016, 08:57:07 PM

Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

Dude you far behind. First was CPU, then GPU now asic and more. Asic are hundreds of times faster then CPUs even the the first ones were at least x5 more powerful then the fasterest CPUs and that fast become x25 and more ! Now asics are thousands of times faster then CPUs and farms link huge rows of these monsters next to one another row after row. So you really have no chance. So you see how it works ? You just arrived at the drag stripe with a push cart whilst your opponent has a souped up mustang that snorts fire and bellows smoke from its tires.

With ethereum GPU mining has come back. So we can no longer say no GPU mining. CPU I would agree is gone at this point. It is really the only coin out there currently worth it to mine with GPU, but it is profitable at pretty high electricity prices even. Difficulty is growing pretty decent lately though. So if you buy multiple cards... if you ROI without selling at end is hard to say. Also new GPU's come out pushing down prices of older stuff.

But his one radeon GPU might be worth running ethereum for fun. Depends on what card if it is able to handle it/worth it.

Junamalik

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Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

can you share more detail ?

Turk Ace

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Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

Dude you far behind. First was CPU, then GPU now asic and more. Asic are hundreds of times faster then CPUs even the the first ones were at least x5 more powerful then the fasterest CPUs and that fast become x25 and more ! Now asics are thousands of times faster then CPUs and farms link huge rows of these monsters next to one another row after row. So you really have no chance. So you see how it works ? You just arrived at the drag stripe with a push cart whilst your opponent has a souped up mustang that snorts fire and bellows smoke from its tires.

n691309

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Quote from: grim007 on April 26, 2016, 11:58:49 PM

quick specs:

i7 2.4ghz proci
16gb ram
4gb amd radeon gpu

I doubt that a computer with these specification can be profitable into the bitcoin mining, even if the GPU is the latest model it does not worth mining.

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