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Topic: Nowadays, even ordinary laptops can mine bitcoins. - page 6. (Read 1956 times)

member
Activity: 350
Merit: 10
No, don't do that because it cause of destroying your laptop especially to the mining that is not profitable for participants
 and not advisable, used desktop or laptop that high quality and applicable for mining bitcoins.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
Forget about profit with cloud, browser, CPU or any other mining - this is just for naive users who think that money falls from the sky and they only need to take a basket and collect it. If this is a case all those mining farms with expensive devices would not make any sense.

Laptops, smart phones or maybe even microwave can mine bitcoins, but only thing you will get from that process is broken device and increased electricity bills. Time when BTC mining was profitable on PC is the distant past, this was possible in the beginning when mining difficulty was very low.

Just check this chart and some things should be a bit clearer : https://bitinfocharts.com/comparison/bitcoin-difficulty.html
jr. member
Activity: 47
Merit: 10
Because it requires a lot of power and electrical resources are not small, the process of mining (mining) cryptocurrency is usually done with a special computer. Can be a desktop that is fitted with many graphics cards to server farm.

But lately emerged an alternative form of software that allows users with laptops or regular computers to participate in mining without needing to spend to buy expensive devices.

The Honeyminer startup software runs dynamic mining by combining the user's computer into a pool of thousands of other computers. Each computer contributes power to the cryptocurrency mining process.

The "power" donated comes from the computer GPU. If it is not in use, then the computer GPU will be used to participate in processing the mining process together with GPU kompter-other computers incorporated in the pool Honeyminer.

Thus, while the GPU capability of a computer may be small, the combined power of thousands of GPUs can generate significant resources for this collective mining process.
Nowadays, Bitcoin mining difficulty is very high and as we know that the power generated by GPU is small, mining Bitcoin using a laptop is a bad idea because it will not be profitable for participants

That is true. There are no sense to mine bitcoin, because difficulty is too high. However, you could make a research about the cloud mining contracts, so it is still a profitable way to invest your earnings.
member
Activity: 213
Merit: 10
Yup now a days even if you gadgets is low or high ends, it cant mine.Also our smartphone it can mine but we must aware that there's a limit that causes the unit or the gadget to destroy.
newbie
Activity: 182
Merit: 0
If the GPU is weak, your profit will be very small (a percentage of the contribution from mining), so it will not be profitable. Undecided
full member
Activity: 434
Merit: 101
Because it requires a lot of power and electrical resources are not small, the process of mining (mining) cryptocurrency is usually done with a special computer. Can be a desktop that is fitted with many graphics cards to server farm.

But lately emerged an alternative form of software that allows users with laptops or regular computers to participate in mining without needing to spend to buy expensive devices.

The Honeyminer startup software runs dynamic mining by combining the user's computer into a pool of thousands of other computers. Each computer contributes power to the cryptocurrency mining process.

The "power" donated comes from the computer GPU. If it is not in use, then the computer GPU will be used to participate in processing the mining process together with GPU kompter-other computers incorporated in the pool Honeyminer.

Thus, while the GPU capability of a computer may be small, the combined power of thousands of GPUs can generate significant resources for this collective mining process.
This only means crypto world continually improve in order to satisfy the requirements of the users. This is a good news for poor people, actually even a phone can use to mine but it is more slowly than the other gadgets. But it is indeed a great news for the users who can not afford to buy expensive gadgets. A good news that proves how bitcoin can be flexible and can adopt to what people need.
hero member
Activity: 2646
Merit: 686
There should be a warning below all newbies post warning reading and following the newbies post might not be a good idea for you. It is a very bad idea, one your laptop will die a horrible death and even it survives it'll not survive for long, your electricity bills shall shoot through the roof and then you won't have a roof lol. Ps even after all the trouble you'll get nothing in hand think about it.
newbie
Activity: 37
Merit: 0
Laptops can be used with Proof of Stake coins.  Smiley

But using laptops with Proof of Work coins is not a good idea as they don't distribute heat as well as a desktop ,
so odds are you'll shorten your laptop lifespan more than any PoW coins that you would earn.


True, bitcoin is so hard to find now I don't think this software can help me mining any bitcoin.
And also cloud mining now is some fake shit that just took my money and runs away Cry.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
You don't even need a computer to mine Bitcoins. Just use a pen and a paper:
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
thanks a lot, this articles really blow my mind up Shocked.

Yeah. Bitcoin is backed by science. It's just math after all.
member
Activity: 271
Merit: 10
Everything can happen with good efforts, skills and hard work. Even computers or laptop you may actually do the mining, trading or even investments. Everything may happen if you just do your part not just dependin on the hardwares but your mind and thoughts as well works as a software.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
You don't even need a computer to mine Bitcoins. Just use a pen and a paper:
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
thanks a lot, this articles really blow my mind up Shocked.
Yes it is a possible way to obtain a bitcoin but not that effective and beneficial. Let me tell you that it can really harm your ordinary laptops and cost you trouble. I think it is still much better to stick in using bitcoin generating machine so that you can mine bitcoin safely. In that way you can avoid breaking of ordinary laptop and at the same time you can mine effectively.

Did you even read above postings???
legendary
Activity: 1008
Merit: 1060
Because it requires a lot of power and electrical resources are not small, the process of mining (mining) cryptocurrency is usually done with a special computer. Can be a desktop that is fitted with many graphics cards to server farm.

But lately emerged an alternative form of software that allows users with laptops or regular computers to participate in mining without needing to spend to buy expensive devices.

The Honeyminer startup software runs dynamic mining by combining the user's computer into a pool of thousands of other computers. Each computer contributes power to the cryptocurrency mining process.

The "power" donated comes from the computer GPU. If it is not in use, then the computer GPU will be used to participate in processing the mining process together with GPU kompter-other computers incorporated in the pool Honeyminer.

Thus, while the GPU capability of a computer may be small, the combined power of thousands of GPUs can generate significant resources for this collective mining process.
I see where you are coming from. I see that you're coming from that "combination of small things will make a huge thing" and I totally get that. On the other hand, how is it different from mining using your laptop only and not have some third party software called "Honeyminer" to accumulate their user's computing power. At the end of the day, you're going to be paid for the amount of computing power your computer has contributed to the pool. It makes no sense if it allows you to get other people's contribution since that would mean other people will be able to get yours too. So how is it different? I think the idea is absurd or at least the information handed to us by OP is incomplete. I see that this Honeyminer is just new (yes, I just did some research). I suggest that you guys wait for reviews before you try it out.

Personally though, I would NEVER use it regardless if it was proven that it's paying or that the software has no malware. Why? Because your laptop wasn't setup to mine bitcoins. There's a reason why people use a different GPU for their computer and for mining. It's because mining stresses out your GPU and it shortens its life span. It's partially "okay" to mine bitcoins with your desktop computer because you can easily replace the GPU of it. But the GPU of a laptop? Not really.

Please consider the electricity cost as well. You might invest yourself too much on this not knowing that you're paying more for electricity bills, while damaging your laptop overall, than your earnings from mining bitcoin. With the amount of big-time bitcoin miners, it will require more computing power before you can earn a decent amount of money and your laptop GPU probably isn't enough for that.
full member
Activity: 461
Merit: 101
You don't even need a computer to mine Bitcoins. Just use a pen and a paper:
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
thanks a lot, this articles really blow my mind up Shocked.
Yes it is a possible way to obtain a bitcoin but not that effective and beneficial. Let me tell you that it can really harm your ordinary laptops and cost you trouble. I think it is still much better to stick in using bitcoin generating machine so that you can mine bitcoin safely. In that way you can avoid breaking of ordinary laptop and at the same time you can mine effectively.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
Because it requires a lot of power and electrical resources are not small, the process of mining (mining) cryptocurrency is usually done with a special computer. Can be a desktop that is fitted with many graphics cards to server farm.

But lately emerged an alternative form of software that allows users with laptops or regular computers to participate in mining without needing to spend to buy expensive devices.

The Honeyminer startup software runs dynamic mining by combining the user's computer into a pool of thousands of other computers. Each computer contributes power to the cryptocurrency mining process.

The "power" donated comes from the computer GPU. If it is not in use, then the computer GPU will be used to participate in processing the mining process together with GPU kompter-other computers incorporated in the pool Honeyminer.

Thus, while the GPU capability of a computer may be small, the combined power of thousands of GPUs can generate significant resources for this collective mining process.

Do you have links to support this findings that lap top alone can mine heavy duty transactions? As we all knows that mining will need a super computer and a huge energy source to satisfy our earnings therefore if we will just rely on lap top and cellphone about the mining process then don't expect a big income from these devices.
sr. member
Activity: 812
Merit: 250
You don't even need a computer to mine Bitcoins. Just use a pen and a paper:
http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
thanks a lot, this articles really blow my mind up Shocked.
Yes I totally agree with this quote and it only shows how easy to mine bitcoin nowadays. But always remember that it is very risky and could really harm ordinary laptops. I think it would beba best if you will save money to obtain bitcoin mining machine so that you can mine fast and safely to avoid inconvenience in your part.
newbie
Activity: 80
Merit: 0
that may destroy your GPU, you need to avoid this way of mining because the mining need a lot of power
newbie
Activity: 182
Merit: 0
No, it will kill your laptop, yes you can mine it but laptop was designed for light work only . I suggest you to don't do that. I strongly suggest ypu to by mining tools so you will not destroy your laptop.
I strongly agree with you fellow. We can use laptop, but it is so risky. It will just destroy our laptop. It is good to use mining tools for a safer transactions and avoiding wastage of things that are products of our hardwork.
member
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
Laptops can be used with Proof of Stake coins.  Smiley

But using laptops with Proof of Work coins is not a good idea as they don't distribute heat as well as a desktop ,
so odds are you'll shorten your laptop lifespan more than any PoW coins that you would earn.

member
Activity: 77
Merit: 10
Bitcoin exploitation is not a good choice. We will need a lot of things to exploit Bitcoin. But if I use laptops, I think we can only exploit very little bitcoin. I would rather invest Bitcoin mining machine than using my laptop
member
Activity: 266
Merit: 15
Everything can become Bitcoin exploiters, Bitcoin is currently the most popular cryptocurrency, so there will be a lot of people using desktops and laptops to exploit Bitcoin. But I think people should not exploit Bitcoin with a laptop
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