Possible to Mine Bitcoins Using Desktop? - page 4.

annie9771

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Great idea thanks for sharing , so average how much you are earning now per month ?

Quote from: noictib on February 09, 2017, 03:43:37 AM

Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

ofcourse you can , but your main aim should not be bitcoin mining .
With the bitcoin mining I am making 30-40$/ month without spent any money .
First I started mining of bitcoin at cryptopia ( which is a exchange of altcoin with respect to bitcoin ) .
I made download of software for CPU miner from the github and and tried with my pc it was working but I usually not using my pc open more then 1-2 hours .
Then a idea comes in my mind ( that can be used by anyone ) .
I created worker for the mining and puted the softwares in the about 10 computer of my area in cyber cafe ( use task manager to open your software of cpuminer .bat file )
Now I am making money easily from the mining . Here all the software are free to use , So try at once Wink

layoutph

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You need a special hardware like Asic Miner to mine using Bitcoin. Mining Bitcoin using a desktop computer is profitable only during the days when Bitcoin started. But If you insist to mine using a desktop computer for 24 hours , 7days a week, you will earn for as low as $0.03 per month. So its a total waste of time.
But this is still possible if you mine newly hatched coins, then later on trade this coins to Bitcoin.

AUDREY23

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it is still possible but you get it will be very little, having lost by those who use you right tool designed specifically for mining bitcoin
I suggest, should not be used because your time will run out and the results are not comparable, the better your desktop is used to look for ways other than mining bitcoin, such as participating logo design competition, ico altcoin, trading and others

LittleBitFunny

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Well you could, but you won't make a profit. You'll get tiny fractions of Bitcoin which are worth next to nothing and the cost of electricity will be higher. The solutions are as follows:

Join cloud mining services which are supposed to use the hardware for you (not recommended as most of them turn out to be Ponzi scams and you can't know who to trust).

Buy several ASICs, set up your own electricity source, etc. Bitcoin mining profitably requires A LOT of hardware and often barely breaks even with the cost of electricity so you need your own power which is VERY expensive. You could get a huge loan which is risky or do it yourself which you might not afford to.

Go to the altcoin boards and find out how to mine altcoins (this might be risky because most altcoins are unstable, but you could try Litecoin or Ethereum or something).

Frankly, I wouldn't recommend mining cryptocurrencies unless you're pretty wealthy already and can afford to go big.

btcdevil

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caribou2357

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Based on earlier posts from several other posters on this subject, I'll assume by now you probably know that you can't make any money mining bitcoin on your desktop. An alternative for you could be to invest into a legitimate cloud mining program, some of which you could start with only $ 10. But then if you decide to go this route, you would have to be extremely careful as most cloud mining operations are scams disguised as investments. So do your homework and never invest money you can't afford to lose. Just my 2 cents.

susila_bai

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

Mining Bitcoin nowadays with desktop is totally useless as the difficult level has gone up and their are so many miners which are costing the same can be used to mine it but even then their are other expenses like maintain the miner cooler system, electricity bill etc their are lot of expenses which makes it difficult to mien bitcoin and take profit.

So it is much better to mine the good Altcoins and sell them on exchange and get bitcoins against it.

AtomicProject

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Let's PUT IN!

Yes Start Atomic Coin POS Mining than convert your mining reward in btc through any exchange in which atomic coin listed

xIIImaL

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Quote from: machinek20 on February 12, 2017, 10:46:51 AM

It is possible but you will not get any profit with usual cpu, you need to bought a great miner tool to earn money from mining, and mining is a difficult way to earn bitcoin unless you are going to build miner farm

Bitcoin mining is critical to handle by newbies. Desktop Cpu is not preferable to start the bitcoin mining. I have noticed that many thread were created in the beginners and help about mining process. Please move the thread the mining section. If any op of the other mining threads in this section noticed this. Please move to there.

machinek20

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It is possible but you will not get any profit with usual cpu, you need to bought a great miner tool to earn money from mining, and mining is a difficult way to earn bitcoin unless you are going to build miner farm

LegendsRoomLV

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

It could take you 120k years to find a block. I am just guessing but I would not be surprised if the correct figure was twice that many years.

shield132

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Time of pc mining was many years ago. It seems you are new and don't have knowledge about bitcoin. Now with latest antminer s9, it's still hard to mine bitcoins and get profit plus electricity costs makes things harder. If you want, you can use desktop pc only for GPU mining, you need many video cards, better if you have AMD. Also solo mining is very hard and you need to be in pool.

Biffa

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Gloiri

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

It is possible but in my opinion don't try it. You can gain some profit but what about you electric bills ? Desktop's PC required high voltage power supply you might pay high bill also

avikz

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

Nope! Bitcoin solo mining is not at all profitable now. You need to have expensive rigs and not just one, a lot of it. Then only you will be able to mine bitcoin. Also consider the electricity cost in your area. At the end of the day, you will be paying out of your pocket. SO it is better to trade and buy bitcoin.

Alternatively, you can mine few altcoins through your computers and exchange it to bitcoin for good. This way you can still earn some profit. But direct mining through computer is not profitable and it may take 3 years to even find a single block.

ruselbd

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It is conceivable to mine with a desktop that we use in our home. The hazard is that you won't get enormous benefit on this, also the power utilization and relative specialized issues will be more. Contributing on Asics hardware is the great approach to improve an acquiring

AmoreJaz

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

the honest question and answer have been said already, yes it is possible to mine with your normal desktop but you will not earn anything as bitcoin mining has evolved to use much larger and expensive dedicated hardware.

marketone

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

No don't mine using your desktop because it will damage your desktop,because as of now bitcoin is mining at hard level to mature the coins. So you need to buy a specialized software for mining the bitcoins.

socks435

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Quote from: dejames on February 08, 2017, 08:27:11 PM

Is it still possible to mine for bitcoins using a normal desktop computer nowadays?

If you are living from 2010 you can mine bitcoin but right now like other said you can not mine bitcoins right now you need to buy an highspeed hardware miner like miner s9 or avalon. or any available hardware that can mined with the speed of 8 th/s i think is enough if you are paying cheap electricity.. for now for normal desktop you can only mine altcoin POW algo that you can found in altcoin section..

odolvlobo

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A top-of-the-line PC will mine less than a dollar's worth of bitcoins in a year and cost hundreds of dollars in electricity.

Topic: Possible to Mine Bitcoins Using Desktop? - page 4. (Read 13436 times)