Topic: Newbie introducing hismself - page 2. (Read 1762 times)

No... CPU/GPU no matter how many just multiply your loss.  So you would lose more money running more.

For SHA mining (BTC) look into ASICS, you will need a asic at this point.  I mean two usb stick miners from over a year ago will beat your GPU mining on bitcoin. 

Thanks for the help, @jonnybravo0311 and @odolvlobo!  I’m thankful to learn that it would've just been wasted effort before I kept on wasting time on this.

Just to satisfy my curiosity, what kind of rig are people mining with these days?  I mean, what are they using if not CPU/GPU?

What would I need?  Something like eight 2015 Mac Pro computers, maxxed out in RAM, CPU clock speed, working in parallel, dedicating 100% CPU time to mining?

Again, thank you so much for your assistance, guys!

-Rafagon

Mining with a GPU is fun, but ...


At the current difficulty, your chances of finding a block after mining for a year are about 0.046%, that is once every 2160 years. Good luck.


Because even if you mine in a pool, the cost of mining will far exceed your income.

You're a few years too late to the party to mine with a CPU/GPU.  Sorry to break that news to you.  You're doing nothing but wasting electricity.

Hi, everyone.  My name is Rafael; handle is Rafagon.  I've lived in Miami, FL almost all my life but was born in Madrid, Spain.  My interests include retro gaming on OS X, studying foreign languages, and I would like to try my hand at iOS app development sometime soon.  I majored in Computer Science and minored in French back in college (many years ago).

I'm a total Bitcoin newbie but I have been able to get the first couple of steps taken care of. I have created my Bitcoin wallet, and I chose Blockchain.info for that.

I've chosen MacMiner as my OS X Bitcoin mining app.

I don't want to be in a "pool"—I want to go solo.

I want to mine SHA-256 (for Bitcoins). I have a 27-inch iMac from Late 2009, Intel Core i7 (quad-core) running at 2.8 GHz, 8 GB RAM, and my graphics card is the ATI Radeon HD 4850 with 512 MB of RAM.

Every time I click on MacMiner to start Mining, I keep getting a pop-up telling me that my miner was restarted automatically after a sudden stop at hh:mm:ss. I'm not sure what I've done wrong. This pop-up keeps complaining every 10 or 15 seconds.

If anyone has the time to provide me with some pointers for Bitcoin mining with this app, I would really appreciate it.  If my selection of an app to begin Bitcoin mining on OS X is a horrible one, please let me know as well!

Anyone who reads this can feel free to inbox me here on the forum to continue in private messages, or reply publicly here.

Thanks in advance,

Rafagon