Is there any cryptocurrency which can be mined with a laptop? - page 2.

greyday

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Merit: 52

Quote from: designer24 on November 17, 2017, 01:17:07 PM

Yes, that's what I was thinking about doing... mining obscure & brand new coins.
But is it possible to mine those with a USB bitcoin miner?
Someone on this forum told me Bitcoin miners can mine bitcoin only.

I know all these USB miners can't generate any profit at all if you mine Bitcoin or other popular currencies.
S9 has TB hash rate... these USB miners barely have one or two GB rate. If one S9 is not enough to generate good amount of money, USBs can't battle in the mining pool.

Yes, correct. Any ASIC is specific to the algorithm, so a "bitcoin" miner can only mine SHA256 coins, a "litecoin" miner can only mine scrypt coins, a "dash" miner can only mine x11, etc. ASIC stands for Application Specific Integrated Circuit.

You CAN use USB ASICS, but most of them have the same limitations as their louder, more expensive brethren. If you want to mine obscure coins your best bet is to make a small build computer with one or two cheap GPUs on it, it will give you the widest range of coins to choose from. You can build a single card miner for probably around $300 or so, or less if you use parts you already have/pick up at a second hand store/etc.

designer24

newbie

Activity: 57

Merit: 0

Yes, that's what I was thinking about doing... mining obscure & brand new coins.
But is it possible to mine those with a USB bitcoin miner?
Someone on this forum told me Bitcoin miners can mine bitcoin only.

I know all these USB miners can't generate any profit at all if you mine Bitcoin or other popular currencies.
S9 has TB hash rate... these USB miners barely have one or two GB rate. If one S9 is not enough to generate good amount of money, USBs can't battle in the mining pool.

greyday

member

Activity: 434

Merit: 52

Quote from: designer24 on November 16, 2017, 01:08:53 PM

How about using Butterfly Lab USB miner to mine other crypto currencies like Neo, New York Coin, IOTA?
Do you guys think it will work?
I will not going to use CPU & GPU then.. but will try old Bitcoin USB miners to mine other currencies.
Is it possible to mine, for instance, IOTA with Butterfly Lab USB miner?

I don't think I will spend $1900 to buy Antminer at all.
But I can spare $80 for a butterfly lab USB miner and try it out on obscure crypto currencies if it can mine?

Honestly? I don't think there is any profit in buying USB miners. They're fun to mess with and learn about mining from, but their day, like CPU for most coins, is long past. But if you just want to tinker with obscure or brand new launch coins, go for it, that's what I use all my outdated gear for (during winter, when the heat is beneficial, anyway).

If you want to mess around with mining but not spend a fortune at first, the S5 is still a little bit profitable. You can get them on aliexpress for around $200 or so ($220 with a PSU included). I ordered one to play with and mod, but you CAN just use it to mine. I recommend replacing the fans on it though, the one that comes with it is ridiculously loud and if you get some quiet fans in a push/pull it's basically about as loud as an S3. Which is to say not very.

designer24

newbie

Activity: 57

Merit: 0

Quote from: greyday on November 15, 2017, 10:58:49 PM

To give you an idea, I have a second gen 8-core i7, and in about 3 days I was able to mine 100 Bytecoin. Go ahead and look up what that's worth, I'll wait. Wink

There are other SHA256 coins, for sure. Return rates aren't great, but if you solo/lottery mine, who knows? Or join a pool with them, it may take forever to get the tiniest bit but, again, it's a fun way to learn. I like Peercoin, personally, and BitcoinCash has done well for my old S3 (well, as well as 500gh/s is going to do, at any rate). Mazacoin in a pool might nab you some coin, and who knows? If it goes up in value, could make it worth your time.

Yeah.. that's exactly what will happen!

How about using Butterfly Lab USB miner to mine other crypto currencies like Neo, New York Coin, IOTA?
Do you guys think it will work?
I will not going to use CPU & GPU then.. but will try old Bitcoin USB miners to mine other currencies.
Is it possible to mine, for instance, IOTA with Butterfly Lab USB miner?

I don't think I will spend $1900 to buy Antminer at all.
But I can spare $80 for a butterfly lab USB miner and try it out on obscure crypto currencies if it can mine?

Fretcy

full member

Activity: 395

Merit: 100

There are more than eight hundred crypto currencies available in the crypto market, bitcoin is the first crypto currency in the market and this cannot be mined with computers or laptops as it requires more electrical and hash power generating machines, but still there are many other crypto currencies like monero, bytecoin, digitalnote, dashcoin and many other crypto currencies which can be mined at home using a desktop or laptop. The value of these crypto currencies will increase in the future. GPU or Graphic processing units can help to mine bitcoins and other crypto currencies.

Laland

full member

Activity: 317

Merit: 104

Bounty manager

You will just ruin and destroy your laptop. It is better and profitable to sacrifice some money to buy the techs for mining. If really want mining you should earn for it. It may not be easy but it will be worth it once you've assemble necessary parts. Dont risk you laptop. You can always participate in services tokens bounty if you really dont have money.

Sivanandam

newbie

Activity: 39

Merit: 0

Yes. You can mine many POS (Proof of staking) coins using your laptop. I have mined embercoin, ethereum dark, lomocoin, reddcoin and piecoin using my laptop. Thing is you have to keep your laptop running forever with internet.

Thanks!

greyday

member

Activity: 434

Merit: 52

To give you an idea, I have a second gen 8-core i7, and in about 3 days I was able to mine 100 Bytecoin. Go ahead and look up what that's worth, I'll wait. Wink

There are other SHA256 coins, for sure. Return rates aren't great, but if you solo/lottery mine, who knows? Or join a pool with them, it may take forever to get the tiniest bit but, again, it's a fun way to learn. I like Peercoin, personally, and BitcoinCash has done well for my old S3 (well, as well as 500gh/s is going to do, at any rate). Mazacoin in a pool might nab you some coin, and who knows? If it goes up in value, could make it worth your time.

designer24

newbie

Activity: 57

Merit: 0

Quote from: greyday on November 15, 2017, 03:51:59 PM

You probably can, but I really don't suggest it. Part of GPU and CPU mining builds is a good amount of attention paid to cooling. Your laptop is designed to run hot likely, but there is a difference between running variably near max throughput while playing a game and running 24/7. It will severely cut the lifespan and could tank it while you still need it.

That said, playing around with miners isn't the worst idea. I've run CPU miners on my Macbook Pro for fun. But I wouldn't expect much in the way of income, so if you just want to learn about mining then go for it, if you actually want to mine I HIGHLY suggest building a rig specifically for it, or buying an ASICS machine.

Also don't expect every new coin to become bitcoin. Like the stock market, most of the low end, cheap and easy options won't go anywhere. Again, that said, it doesn't mean DON'T do it, pointing rigs at new coins is half the fun! Just don't bank on it being worth something later.

Thanks for your response.
That's what I'm thinking as well. My laptop is a powerful i7 work station laptop that is designed to endure heavy duty.

Do you think there's any less known crypto currency which can be mined with old Bitcoin USB miner?
Bitcoin USB miners can't mine Bitcoin any longer... but I'm curious if I can use them on my laptop to mine less popular cryptocurrencies?
If that's possible, I would love to do that on my laptop.

greyday

member

Activity: 434

Merit: 52

You probably can, but I really don't suggest it. Part of GPU and CPU mining builds is a good amount of attention paid to cooling. Your laptop is designed to run hot likely, but there is a difference between running variably near max throughput while playing a game and running 24/7. It will severely cut the lifespan and could tank it while you still need it.

That said, playing around with miners isn't the worst idea. I've run CPU miners on my Macbook Pro for fun. But I wouldn't expect much in the way of income, so if you just want to learn about mining then go for it, if you actually want to mine I HIGHLY suggest building a rig specifically for it, or buying an ASICS machine.

Also don't expect every new coin to become bitcoin. Like the stock market, most of the low end, cheap and easy options won't go anywhere. Again, that said, it doesn't mean DON'T do it, pointing rigs at new coins is half the fun! Just don't bank on it being worth something later.

designer24

newbie

Activity: 57

Merit: 0

Hello guys,

I'm a full time laptop guy who don't own a desktop.
Now there are over 200 crypto currencies out there...
However only 10 of them are getting media attention & spotlight and these popular ones are not possible to mine unless you have an extremely expensive mining equipment.

So my question is... how about other less popular crypto currencies like NEO, New York Coin, GameCredits?
Given that I have a powerful AMD M5100 (2013) gaming graphic card, can I try to mine those currencies with a laptop? or a USB miner?

I hope this is possible. I want to at least try to mine some crypto currency which can be expensive later on.

Thanks,

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