mine Bitcoin with a high end laptop - page 2.

stompix

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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.

avikz

legendary

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

Not at all! You will only end up burning your laptop. Bitcoin mining requires specialized mining equipments.

If you have already purchased a laptop for yourself then look for some CPU mineable coins like XMR. There you still have a chance to make some money. But with Bitcoin mining, you won't make a dime. Rather end up paying a huge electricity bill and a huge laptop repairing bill.

JayDDee

full member

Activity: 1424

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Mining anything on a laptop is a bad idea, it isn't designed or able to dissipate that much heat.
ASICs are the only viable way to mine Bitcoin and many other of the major altcoins.
Some altcoins can be mined competively with a desktop GPU or CPU depending on the algorithm used.

Although technically possible to mine most coins, including bitcoin, on a CPU or GPU, it isn't competitive
if an ASIC exists.

Being competitive doesn't mean it's profitable, it just means you have the same chance as everyone else.

MeGold666

jr. member

Activity: 28

Merit: 37

Quote from: paid2 on July 03, 2024, 03:35:40 PM

Do you think the thousands of ASICs that are currently hashing all over the world are unprofitable?

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.

My suggestion was for typical consumer here (from a civilized world), I'm not prohibiting you from buying one. Wink

Here's a nice calculator if anyone is interested in ASIC mining, just don't forget to put cost of the ASIC in the field and modify power costs, etc:
https://www.minerlist.com/coin/bitcoin/calculator

Cheers!

paid2

hero member

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Quote from: MeGold666 on July 03, 2024, 07:01:11 AM

Do not buy ASIC, you will never get your ROI (Return Of Investment).

This is the dumbest thing I've read on the forum today!
How can you make a general law about using ASICs? Don't you think it depends on your available infrastructure and your electricity cost?
If you had the space and pay electricity at $0.01 per kwh, would you still say that "you will never get your ROI" with ASICs?

Do you think the thousands of ASICs that are currently hashing all over the world are unprofitable?

MeGold666

jr. member

Activity: 28

Merit: 37

You can mine other cryptocurrency and then trade it to Bitcoin.

Just be sure to use compressed air once a month to clean radiators from the accumulated dust and once a year replace thermal-paste and you'll be fine.
I've been mining for almost 10 years now as a hobby and my 3 laptops are fine, mining 24/7.

It's also good to remove the battery if you're planning to mine 24/7.
You can also undervolt and put some cooling pad, but I've been running fine without this mods - my ambient temps are around 21 degree.

People who say you will "ruin your laptop" are just repeating what they've heard and it's not true.

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.

bitvestorhacked

newbie

Activity: 112

Merit: 0

The topic should be called, Ruin your laptop mining bitcoins, very bad idea trying to mine bitcoin with your laptop not only are you gonna waste your time but as you have said a high end laptop that probably wont be cheap, so you will learn an expensive lesson mining bitcoin with your high-end laptop.

kezyskie71

newbie

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Merit: 0

Quote from: _act_ on May 23, 2024, 08:43:20 AM

No. If you want to mine bitcoin, you need to read about ASICs which are the mining machines used for bitcoin mining since many years ago. If you mine with laptop, it will not be profitable for you because the CPU hashrate will be very small. You can research about Bitmain Antminers which can be a good start.

Read the OP of this pinned thread: BITCOIN MINING INTRO & RULES OF THIS SUBFORUM - READ BEFORE POSTING

Starting mining on a high end laptop should not be done as it will only waste your time and put your laptop down due to its light CPU, as you do research on Bitmain Antminers which can be a good start.

Assface16678

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

A big no. If you are just going to do mining on a PC or laptop, then don't start it because you will only waste your time and stress the equipment that could eventually give up. Remember, a PC or laptop cannot stay 24/7, and in order to maximise the profit in mining, you should have an equipment or mining rig that could stay 24/7. So if you just want to mine using a PC or laptop, don't consider it. No matter how high-end it is, if it is not built solely for mining, then it's useless. Better invest in a more powerful mining rig. It doesn't have to be many; you can start with a few rigs if you have a short budget. It is sad to say that in order for you to mine and earn from it, you will need to invest a lot of money in order to have a proper setup and, of course, expenses in terms of electricity and internet.

goldkingcoiner

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

No, all you are going to do is ruin a good laptop and not make much of a profit. Buy an actual piece of hardware that was designed for mining. I can recommend Philipma1957 as a reputable seller of such hardware.

Rruchi man

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

If you are looking for ways to get Bitcoin and you are considering mining as an option, know firstly, that it is not possible to mine with your laptop, no matter how high-end it is, and that mining is very cost-intensive, and demands you to be sure that it is what you want to do before starting. It requires equipment, requires adequate electricity, requires proper space and some other factors like the legal nature of mining in your country if you want to make your mining a success.

And like I have said before,

Quote

If there is any application or software that the developers tag as being able to mine bitcoins, it is fake and should be avoided.

BitMaxz

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The laptop even if it is high-end it's not worth to mine altcoin or even if you can able to mine Bitcoin it's not worth it because you will never reach your ROI and in the worst case it would end up melting components inside your laptop. After all, as the above said it does not well cool.

I suggest if you want to mine BTC buy a ASIC unit as suggested above It is a bit expensive but if you are looking for 2nd hand unit at a cheap price contact offordscott here https://offordscott.t.me/

paid2

hero member

Activity: 504

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

Nope. You need a sha256 ASIC to mine BTC.

Other are mentioning Nicehash or altcoins mining, even these ideas are not the best ones imo, as laptops are often not so well cooled and will overheat quickly.

In any cases, if you don't have cheap electricity, or a good infrastructure, or the funds to buy serious ASICs, you should just find some other business to do

FP91G

legendary

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

You should not mine bitcoins on a laptop. Try exploring NiceHash, 2Miners and other services that were collected in a separate topic by safar1980.
https://bitcointalksearch.org/topic/btc-5457533
You need to install the application and you will receive a reward in bitcoins for mining other profitable coins. This is the best option if you don't mind overheating your laptop.

jrrsparkles

sr. member

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Quote from: windrunnersylvanas on May 23, 2024, 08:35:20 AM

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

Instead of waiting for answers, you can refer to this thread : Bitcoin mining on a laptop in 2024

Still let me give you my opinion, Bitcoin mining with GPU is not possible anymore so you can choose the altcoins which is still mineable but it's like hitting a lottery you have to mine random shitcoin and expect it to have value in the future.

I won't recommend wasting your time by doing this along with that you are putting your laptop at risk of getting bricked.

_act_

legendary

Activity: 1064

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Lightning network is good with small amount of BTC

No. If you want to mine bitcoin, you need to read about ASICs which are the mining machines used for bitcoin mining since many years ago. If you mine with laptop, it will not be profitable for you because the CPU hashrate will be very small. You can research about Bitmain Antminers which can be a good start.

Read the OP of this pinned thread: BITCOIN MINING INTRO & RULES OF THIS SUBFORUM - READ BEFORE POSTING

windrunnersylvanas

newbie

Activity: 8

Merit: 0

I am completely new to this mining lesson and have not even started yet. Is that possible to mine bitcoin with a high-end laptop or a pc? have anyone tried it and is that profitable?

Topic: mine Bitcoin with a high end laptop - page 2. (Read 748 times)