mine Bitcoin with a high end laptop | Bitcointalksearch.org

bias

hero member

Activity: 882

Merit: 501

Quote from: Stalker22 on November 05, 2024, 03:38:49 PM

Bitcoin mining with graphic cards is ~~pretty much~~ a no-go at this point

Quote from: Stalker22 on November 05, 2024, 03:38:49 PM

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.

FP91G

legendary

Activity: 1820

Merit: 1121

Quote from: Suman1 on November 05, 2024, 02:06:04 PM

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

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Quote from: Stalker22 on November 05, 2024, 03:38:49 PM

Quote from: Suman1 on November 05, 2024, 02:06:04 PM

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.

Stalker22

legendary

Activity: 1526

Merit: 1359

Quote from: Suman1 on November 05, 2024, 02:06:04 PM

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.

Suman1

newbie

Activity: 32

Merit: 0

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

FP91G

legendary

Activity: 1820

Merit: 1121

Quote from: ABCbits on September 13, 2024, 03:59:00 AM

Quote from: FP91G on September 12, 2024, 09:37:37 AM

Quote from: ABCbits on August 21, 2024, 04:05:18 AM

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.

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

No longer possible. It became obsolete some time in 2013.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Quote from: FP91G on September 12, 2024, 09:37:37 AM

Quote from: ABCbits on August 21, 2024, 04:05:18 AM

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.

FP91G

legendary

Activity: 1820

Merit: 1121

Quote from: ABCbits on August 21, 2024, 04:05:18 AM

Quote from: Learn Bitcoin on August 21, 2024, 01:00:44 AM

Quote from: FP91G on August 20, 2024, 07:37:23 AM

$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.

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

Outhue

sr. member

Activity: 686

Merit: 403

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.

bananahunter67

sr. member

Activity: 378

Merit: 265

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.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Quote from: Learn Bitcoin on August 20, 2024, 12:57:44 AM

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.

Quote from: Learn Bitcoin on August 21, 2024, 01:00:44 AM

Quote from: FP91G on August 20, 2024, 07:37:23 AM

$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.

Learn Bitcoin

hero member

Activity: 462

Merit: 767

Instant cryptocurrency exchange with own reserves!

Quote from: FP91G on August 20, 2024, 07:37:23 AM

$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.

FP91G

legendary

Activity: 1820

Merit: 1121

Quote from: Learn Bitcoin on August 20, 2024, 12:57:44 AM

Well, OP, you got some correct answers already. However, I would like to add some perspectives that are different from others.
While it's impossible to mine Bitcoin with CPU and GPU anymore, you can get your rewards in Bitcoin by mining other coins. I remember many people mined ETH when it was POW, and they got their payment in Bitcoin using Nicehash. You can still use Nicehash if you want.

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.

$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.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Learn Bitcoin on August 20, 2024, 12:57:44 AM

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.

Probably a daily anomaly, either the price pumped or the hash rate moved away from the coin, both NH and WTM show a 38cents income, so even if you play with 5cents per kwh you will end up with 16 cents, I don't know the power specific for laptop/desktop video card but mining with a laptop means you're going to have also CPU consumption, and those 16 cents are for 24/7.
$60 a year for a laptop that is worth at least $1000 is really, really a bad deal.

Learn Bitcoin

hero member

Activity: 462

Merit: 767

Instant cryptocurrency exchange with own reserves!

Well, OP, you got some correct answers already. However, I would like to add some perspectives that are different from others.
While it's impossible to mine Bitcoin with CPU and GPU anymore, you can get your rewards in Bitcoin by mining other coins. I remember many people mined ETH when it was POW, and they got their payment in Bitcoin using Nicehash. You can still use Nicehash if you want.

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.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

well small mining with free power does happen.

my Modified t21 burns 72 k-watts a day.

it uses 1 phase 230 volt power and on my settings does 160th. that is 8 bucks a day earned.

part of my work involves solar.

in New Jersey solar has both fed and state legal kickbacks.

A typical home owner can fit 40 x 400 watt panels that is a 16kwatt system. which is a constant 3.2 kwatts gridtied average

the power company will not approve that if you burn only 2kwatts constant. they will drop you to around 30 4000 watt panels.

I bring in the t21 run it for 6 months and you will qualify for the bigger system.

The limit is on average 3kwatt asic for a home owner.

A business may do 2-3-4 or more if they have bigger roof space.

So we have 2-6 units running around the state. these just earn and the only cost was buying them.

so they make more per unit than any unit at a big place.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: MeGold666 on July 05, 2024, 01:30:06 PM

Serious question: How old are you ? am I talking to a 13 year old kid ? what is this ?
If you still didn't get it, it's a rhetorical question.
/over&out.

Nope, you're talking to an actual miner!
So, what's your actual experience in the field? Grin

Plenty of people out there still mining with what you say it's junk and still making more than your companies who have to beg for investments, issue debt and pay hundreds of thousands to employees to keep it running! You can have the latest models at half price, if you pay 6 cents per kwh a guy with 2 cents and running two s19 in his bedroom will make more per the than that said company!

Again, understand that there are different scenarios out there, and your assumption of cheap energy being associated with living in a tent surrounded by a pack of lions ..we'll...is a telling sign you need to go out more. Wink

MeGold666

jr. member

Activity: 28

Merit: 37

Quote from: stompix on July 05, 2024, 12:22:42 PM

Quote from: MeGold666 on July 04, 2024, 02:26:36 AM

Do not buy ASIC, you will never get your ROI (Return Of Investment).
Especially if it's not the latest hardware, anything older than "latest" is a worthless scrap that some people try selling like if it's worth something. It's not.
~
Big mining companies struggle to get their ROI and have been mining at a loss for some time - reason they are replacing ASIC's for HPC and switching to AI training.
Hint: it's not only the kWh cost! the whole infrastructure costs a lot of money to maintain.

You just destroyed your own argument!
Private small miners don't have to care about infrastructure as you don't need the same thing for a 30kw draw as for a 400MW farm, and everything is pretty scalable from scratch when you're a small two fans fan and one room would be enough, you won't have rent, you won't have maintenance guys, you won't have an accountant to care about and pay.

You have dirt cheap energy or even free one, you're better than the best farm by exactly buying and running scrap.

I thought it's a common knowledge and a logic thing to understand that big mining operations scale a lot better than small miners Grin

I wrote about infrastructure costs just as a side note, small miners always overpay due to the fact that this big companies have better deals, earn a lot more with latest hardware and then sell it to idiots who still want to mine with this now outdated junk.

Of course, if you live in a third-world country where people starve and don't have water to clean their bottoms then sure, go ahead and buy it and mine with it on your unstable electric line.

Cool

Serious question: How old are you ? am I talking to a 13 year old kid ? what is this ?
...
If you still didn't get it, it's a rhetorical question.

/over&out.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: MeGold666 on July 04, 2024, 02:26:36 AM

Do not buy ASIC, you will never get your ROI (Return Of Investment).
Especially if it's not the latest hardware, anything older than "latest" is a worthless scrap that some people try selling like if it's worth something. It's not.
~
Big mining companies struggle to get their ROI and have been mining at a loss for some time - reason they are replacing ASIC's for HPC and switching to AI training.
Hint: it's not only the kWh cost! the whole infrastructure costs a lot of money to maintain.

You just destroyed your own argument!
Private small miners don't have to care about infrastructure as you don't need the same thing for a 30kw draw as for a 400MW farm, and everything is pretty scalable from scratch when you're a small two fans fan and one room would be enough, you won't have rent, you won't have maintenance guys, you won't have an accountant to care about and pay.

You have dirt cheap energy or even free one, you're better than the best farm by exactly buying and running scrap.

Topic: mine Bitcoin with a high end laptop (Read 656 times)