Mining Bitcoins with old rigs - page 2.

Soappa

hero member

Activity: 569

Merit: 500

Quote from: Azgalush on June 21, 2014, 07:25:09 AM

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts? Or any other type of service that would run in the background of my PC and generate Bitcoin like ThreadManager ( https://coingeneration.com/ ) and others.

Maybe you should simply forget about mining, and earn some bitcoin by providing services and joining a signature program (I can see you did that already).

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: Nawaytes on June 23, 2014, 09:58:23 AM

my rig is so old, but I still use it to mining, it is impossible to mine bitcoin with the high difficulty. so I mine some altcoin with small difficulty.
i prefer mine x11 or x13 like darkcoin, lioncoin, cryptcoin. because i get good Hashrate with my old rig Cheesy

Well as long as the hardware is capable of allowing GPUs to mine scyrpt, X11, X13 coins then yeah you're OK. But that's not what I would consider old. Something like a Celeron 333 or Pentium 75MHz rig - that would be old. If it can support a PCIe Gen 2 slot it can probably mine.

Nawaytes

sr. member

Activity: 476

Merit: 255

my rig is so old, but I still use it to mining, it is impossible to mine bitcoin with the high difficulty. so I mine some altcoin with small difficulty.
i prefer mine x11 or x13 like darkcoin, lioncoin, cryptcoin. because i get good Hashrate with my old rig Cheesy

DrG

legendary

Activity: 2086

Merit: 1035

Quote from: nwfella on June 22, 2014, 06:12:05 PM

More than likely not going to be profitable for you. To increase likelihood of profitability (largely depends on your electricity costs tbh) check into more CPU-centric coins. Quark, XPM, Drk, X13 coins, etc.

Have you seen the difficulty on a CPU centric coin? A 2.2GHz dual core that the op has won't even earn enough to replace the fan that would die after 3 years of 24/7 operation. Mining at home is more or less a losing proposition. It WAS profitable in the past, just not viable presently.

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

More than likely not going to be profitable for you. To increase likelihood of profitability (largely depends on your electricity costs tbh) check into more CPU-centric coins. Quark, XPM, Drk, X13 coins, etc.

InwardContour

sr. member

Activity: 644

Merit: 260

Quote from: Chemistry1988 on June 21, 2014, 09:59:54 PM

Quote from: Azgalush on June 21, 2014, 07:25:09 AM

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts?

Instead of mining bitcoin, you can mine some "CPU-coins" with your CPU. Check http://cpucoinlist.com/ for details.

These coins will generally offer the same profitability in terms of BTC per KH/s that scrypt mining would, only you would need to incur the added expense of having to exchange the coins on an exchange for bitcoin

DrG

legendary

Activity: 2086

Merit: 1035

Best way to make money out of that rig is to sell it at a garage sale or on eBay and use those funds to buy the crypto you want. It would save time, your sanity, and electricity.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

You cannot make a profit out of CPU mining in SHA256 mining anymore, not even scrypt mining or primecoin mining. Both SHA256 and Scrypt mining have ASICs developed for them. Primecoin have GPU mining developed. Try mine some GPU and ASIC resistant coin.

Chemistry1988

legendary

Activity: 1120

Merit: 1000

Quote from: Azgalush on June 21, 2014, 07:25:09 AM

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts?

Instead of mining bitcoin, you can mine some "CPU-coins" with your CPU. Check http://cpucoinlist.com/ for details.

thisisverypointless

member

Activity: 95

Merit: 10

If you want Mining power with the option the cash out, i would recommend;

Scrypt.cc

I recommend it just for the sheer fact you can cash out if you wanted to get rid of the hashing power

Harley997

sr. member

Activity: 266

Merit: 250

If you wanted to buy "hashes" you could buy mining power at any of a number of cloud mining services.

I cannot recommend any as they are all overpriced and will likely never ROI.

Azgalush

newbie

Activity: 28

Merit: 0

Thanks, I shall try mining Primecoin. Lets if that makes any profit at all. :p

purplebanana

newbie

Activity: 11

Merit: 0

No

You could buy BTC at CoinBase and then buy miners with them, or buy with USD directly.

Velkro

legendary

Activity: 2296

Merit: 1014

My opinion? Service like https://coingeneration.com/ is not worth time.
Too little gain, too much trouble

Bizmark13

sr. member

Activity: 462

Merit: 250

With that setup, the amount of bitcoins you would mine would not make it worthwhile. People use ASICs to mine bitcoins. The age of CPU and GPU mining is over. You could try mining scrypt coins like Litecoin if you had a good graphics card but you say that yours is integrated so that's no good. Perhaps CPU coins could be mined with the processor since the one you've got seems average at least. These could then be traded for Bitcoins via an altcoin exchange like Cryptsy.

Or you could buy hashes from a cloud mining provider like CEX.IO or PB Mining. But these mining contracts aren't profitable unless you are interested in trading them. And you'll need BTC to buy them too, i.e. from another place like Coinbase or LocalBitcoins.com.

Azgalush

newbie

Activity: 28

Merit: 0

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts? Or any other type of service that would run in the background of my PC and generate Bitcoin like ThreadManager ( https://coingeneration.com/ ) and others.

Topic: Mining Bitcoins with old rigs - page 2. (Read 2285 times)