I'm starting my adult and professional life and I live in a country that doesn't have many opportunities for growth.
If you are a multimillionaire, I would like you to help me get out of this financial situation. What may be very little for you, could be a unique opportunity for me. Help me!
ID BINANCE: 101035887
Topic: mine Bitcoin with a high end laptop (Read 909 times)
I take it you do not work with electronic circuits do you?
Unlike as seen on TV & in movies, one cannot just 'plug things into' devices that were not made for them. You cannot modify a circuit board to do something different. An ASIC is a chip - not a circuit board made to be plugged into anything. They are chips made to be designed into circuits/PCB's made specifically for using them.
Unlike as seen on TV & in movies, one cannot just 'plug things into' devices that were not made for them. You cannot modify a circuit board to do something different. An ASIC is a chip - not a circuit board made to be plugged into anything. They are chips made to be designed into circuits/PCB's made specifically for using them.
lol no, I sell insurance for a living which means I'm just good a talking 😂
But that makes sense. Thank you for clarifying
I take it you do not work with electronic circuits do you?
Unlike as seen on TV & in movies, one cannot just 'plug things into' devices that were not made for them. You cannot modify a circuit board to do something different. An ASIC is a chip - not a circuit board made to be plugged into anything. They are chips made to be designed into circuits/PCB's made specifically for using them.
Unlike as seen on TV & in movies, one cannot just 'plug things into' devices that were not made for them. You cannot modify a circuit board to do something different. An ASIC is a chip - not a circuit board made to be plugged into anything. They are chips made to be designed into circuits/PCB's made specifically for using them.
To use as a controller for a USB stick or pod - sure. To actually 'plug' an ASIC into - no because the chip needs supporting circuitry and connections to work that a PC does not have.
do you mean the circuitry wouldn't be able to handle the wattage the ASIC uses, or do you there is literally nowhere the plug the ASIC into?
If the latter, is there no way to modify the circuit boards to be able to install an ASIC?
Not trying to be difficult here, mostly just thinking out load
To use as a controller for a USB stick or pod - sure. To actually 'plug' an ASIC into - no because the chip needs supporting circuitry and connections to work that a PC does not have.
ok, but could you install an ASIC chip into a desktop/laptop computer and then mine?
If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
Yes it's all about using an ASIC chip. No you cannot just install one in a laptop as most are not made to be modified in any way. Hell, with some you cannot even add memory to them...If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
The only thing you can do is use the laptop as a controller by installing cgminer on it and then use it to control an external miner such as one of Sidehacks USB stick or pod miners.
what about a desktop computer? would that work?
ok, but could you install an ASIC chip into a desktop/laptop computer and then mine?
If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
Yes it's all about using an ASIC chip. No you cannot just install one in a laptop as most are not made to be modified in any way. Hell, with some you cannot even add memory to them...If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
The only thing you can do is use the laptop as a controller by installing cgminer on it and then use it to control an external miner such as one of Sidehacks USB stick or pod miners.
ok, but could you install an ASIC chip into a desktop/laptop computer and then mine?
If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
If I'm not mistaken, its really all about the chip right? Everything else, the graphics card, hard drive etc.. don't really matter.
Bitcoin mining with graphic cards is pretty much a no-go at this point
too little potential payoff for most folks now. My opinion anyway.
These two sentences (with a small correction) contain the answer to any discussion about mining BTC with graphics cards. Soon it will be the same for mining any other serious coins/ alts. Either you invest in ASIC and wait (with all that entails), or you rent power from someone else (with all that entails as well). Or you simply don't bother at all with mining and look at other sectors to earn BTC.
What's the basic requirement to start mining, Is a GeForce RTX 6 GB graphic card enough for that else I think PoolX is better
You can mine a lot of shitcoins on a 2GB video card, but it will most likely be very unprofitable. And you can get a reward in other coins or stablecoins, as it works on NiceHash.https://minerstat.com/dag-size-calculator
What's the basic requirement to start mining, Is a GeForce RTX 6 GB graphic card enough for that else I think PoolX is better
Have you read any of the previous replies in this thread? Bitcoin mining with graphic cards is pretty much a no-go at this point, so you should have to look into altcoins that can still be profitably mined. But I wouldnt bother wasting time on that if I were you. Its unlikely to pan out and you risk frying your laptop in the process and i speak from experience on that last bit - lost a good machine back in the day by pushing the GPU too hard.
So yeah, Id say avoid the crypto mining route unless you really know what you are getting into and have the proper hardware. Too many risks for too little potential payoff for most folks now. My opinion anyway.
You're replying account used to shill bitget and other project, see https://ninjastic.space/search?author=Suman1&content=bitget. Besides, https://whattomine.com/ shows GPU mining barely profitable and could take very long time before you reached ROI.
What's the basic requirement to start mining, Is a GeForce RTX 6 GB graphic card enough for that else I think PoolX is better
Have you read any of the previous replies in this thread? Bitcoin mining with graphic cards is pretty much a no-go at this point, so you should have to look into altcoins that can still be profitably mined. But I wouldnt bother wasting time on that if I were you. Its unlikely to pan out and you risk frying your laptop in the process and i speak from experience on that last bit - lost a good machine back in the day by pushing the GPU too hard.
So yeah, Id say avoid the crypto mining route unless you really know what you are getting into and have the proper hardware. Too many risks for too little potential payoff for most folks now. My opinion anyway.
What's the basic requirement to start mining, Is a GeForce RTX 6 GB graphic card enough for that else I think PoolX is better
At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
I don't think a mining laptop will break in the first year, but there is a couple percent chance of breakage. A friend told me that out of his mass of laptops, 5% broke in the first year and they were sent to warranty service.And monitoring programs can be bypassed if one is willing. I even remember a story when in our large stores sellers started mining on showcase laptops and said that it was testing
But running laptop 24/7 with 100% CPU or GPU usage is definitely not wise idea. And while sellers may test their device through mining or other intensive task, it's not like they run it 24/7 for long time period. And regarding monitoring software, i don't expect average people can bypass or disable it without raising suspicion.
Usually the laptop CPU is not used for mining, and in GPU mining it does not consume a lot of resources. Usually a laptop has one cooling system for the CPU and graphics card and it is not worth overheating the laptop for a small profit.
It all depends on the circumstances, when there was a good profit, the payback was from 6 to 12 months. You can buy an additional warranty for another 12 or 24 months.
No longer possible. It became obsolete some time in 2013.
At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
I don't think a mining laptop will break in the first year, but there is a couple percent chance of breakage. A friend told me that out of his mass of laptops, 5% broke in the first year and they were sent to warranty service.And monitoring programs can be bypassed if one is willing. I even remember a story when in our large stores sellers started mining on showcase laptops and said that it was testing
But running laptop 24/7 with 100% CPU or GPU usage is definitely not wise idea. And while sellers may test their device through mining or other intensive task, it's not like they run it 24/7 for long time period. And regarding monitoring software, i don't expect average people can bypass or disable it without raising suspicion.
$0.30-0.35 profit per day from a laptop will be a very bad deal when it costs $1000. $110-130 profit per year and you still need to have electricity at a price of 5 cents. Such profit cannot be used as pocket money, or only once a year, if the laptop does not break.
Yeah. I have to agree with you and Stompix. But you know, there are some peoples who does not really cares about their laptops, desktops because either they did not buy it and got it as a gift from their parents, or it's their office laptop or desktop which they are going to use. So, they do not really cares if it's a big deal or not. They might need some extra money no matter how it comes. I often see teenagers use their devices like it's worth nothing. They do not really care if it will break or something. They will get a new one from their parents. But yeah, If you compare to the investment, it does not worth mining with a laptop.
At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
And monitoring programs can be bypassed if one is willing. I even remember a story when in our large stores sellers started mining on showcase laptops and said that it was testing
There are few other good ways.
1. Build a GPU mining rig, maybe with RTX4070s or similar, they take reasonable watts to run, good for home too, so direct the miner to Nicehash, it will find the most profitable coin for your mining rig and you will get paid in BTC every few hours or every 24 hrs.
2. Solo mine BTC, there are few BTC miners that use not less than 250-300watts to run, they are created for solo mining, every efficient for home mining but to hit a block can take forever, few people still manage to get lucky using these miners though.
Here is one called Lucky miner, it uses 28watts only and it has 1TH power.
Just plug in the wall socket, insert your BTC address and forget it there, one day you might get lucky, this is more like a lottery ticket hunt, but nothing is impossible.
3. You can just abandon the idea of mining at all, and start buying a small amount of BTC every week, even if it is $1 worth of BTC, it is another version of mining anyway, you just have to look at it this way, DCA strategy is still my own best mining strategy till date.
1. Build a GPU mining rig, maybe with RTX4070s or similar, they take reasonable watts to run, good for home too, so direct the miner to Nicehash, it will find the most profitable coin for your mining rig and you will get paid in BTC every few hours or every 24 hrs.
2. Solo mine BTC, there are few BTC miners that use not less than 250-300watts to run, they are created for solo mining, every efficient for home mining but to hit a block can take forever, few people still manage to get lucky using these miners though.
Here is one called Lucky miner, it uses 28watts only and it has 1TH power.
Just plug in the wall socket, insert your BTC address and forget it there, one day you might get lucky, this is more like a lottery ticket hunt, but nothing is impossible.
3. You can just abandon the idea of mining at all, and start buying a small amount of BTC every week, even if it is $1 worth of BTC, it is another version of mining anyway, you just have to look at it this way, DCA strategy is still my own best mining strategy till date.
I think it's technically possible but the chance to solve alone a block and get a reward with these difficulty levels is ultra low, practically zero.
If your laptop has a dedicated graphics card, you may find some minable algorithms. A quick search from whattomine.com shows that if you have a 3070, you can mine the ZelHash algorithm and make $0.35 a day after the electricity cost. This is not much, but surely you can use it as pocket money.
It's also worth to mention 3070 is GPU for desktop, not laptop. Other website such as https://www.nicehash.com/profitability-calculator doesn't provide profitability for laptop's CPU or GPU either, which means we can't get somewhat accurate estimation.
$0.30-0.35 profit per day from a laptop will be a very bad deal when it costs $1000. $110-130 profit per year and you still need to have electricity at a price of 5 cents. Such profit cannot be used as pocket money, or only once a year, if the laptop does not break.
Yeah. I have to agree with you and Stompix. But you know, there are some peoples who does not really cares about their laptops, desktops because either they did not buy it and got it as a gift from their parents, or it's their office laptop or desktop which they are going to use. So, they do not really cares if it's a big deal or not. They might need some extra money no matter how it comes. I often see teenagers use their devices like it's worth nothing. They do not really care if it will break or something. They will get a new one from their parents. But yeah, If you compare to the investment, it does not worth mining with a laptop.
At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
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