Topic: Solar powered CPU mining - page 3. (Read 7429 times)
I have several systems Xeon's I7's tried em all, tried to find a TINY bit of worth in it!!!! NONE
CPU mining is bad; they're not that well suited for hashing as GPUs, their cost is too much in comparison to their hashing speeds and you can't scale them (1 PC = 1 CPU, maybe 2).
using a gui miner i can use 4 cpu's and have had success mining many altcoins, we are on solar power here and I'm curious to know if the high power bills were the only reason people say cpu mining is dead? I've got my eye on a new desktop computer with octo-core processor for my next mining project.
You aren't going to mine a lot of anything on a CPU. There are coins out there ( I don't know CPU coins ) but even at free electricity you will need many computers to make a substantial profit. However, there are coins that you can buy that will 'stake', like RAIN, EMB, B3 and others that will generate more coins over time. It isn't technically CPU mining, but it can be profitable if you have enough coins to stake. The more coins you start out with the more coins you get.
Here is an example, XPTX has an interest rate of 230%. If you start out with 100 XPTX then (on average) one year later you would have generated an additional 230 XPTX, giving you a total of 330 XPTX.
I am not recommending the coins I mentioned. I am using them as examples, there are more coins out there, please research before investing in them and read up on staking.
EDIT: It's possible to stake while also mining a coin. It's not mutually exclusive, so you can experiment with both on same PC.
Would not it be better to mine with hard drives?
There are a few hard drive mining coins such as burst and storj. But the ROI is too little, not quite worth unless you already have some free hard drives to use.
Would not it be better to mine with hard drives?
You can give a try for BiblePay its profitable for CPU mining.
I don't know much CPU coins with asic resist. Thats the only one i guess.
I don't know much CPU coins with asic resist. Thats the only one i guess.
Users of my local mining community calculated the profitability,
but the conclusion was that it's nearly impossible to make profit considering the price and lifetime of solar panel.
With CPU - I'd agree, but with GPU it's kind of a different story. but the conclusion was that it's nearly impossible to make profit considering the price and lifetime of solar panel.
In my country (central EU) the cost of small solar power plant system with battery is about 3k usd (3,5kWpi). Lets say that we'll use it to power 8x1080 ti (250w ea, so 2kW rig at price of around 7k usd). Since the power of powerplant at peak is 3.5kW, I think we could assume that our rig will have 80% uptime on solar plant and rest from main cord. At our rates 1kWh is ~0.14$, so our rig will use 6.72$ daily, and our solar will 'earn us' 5.37$. It put solar ROI 558 days ROI with warranty of 10 years. Pretty good
If I run a CPU miner on solar power, would that make it worth doing?
If you have very new CPUs (like i7 gen 6+) and you mine Monero you may have a tiny chance.
But CPU mining is basically waste of time and resources.
However, the best option is to mine for about 1-2 days, see what the average is and do the math yourself.
Users of my local mining community calculated the profitability,
but the conclusion was that it's nearly impossible to make profit considering the price and lifetime of solar panel.
but the conclusion was that it's nearly impossible to make profit considering the price and lifetime of solar panel.
Imagine each CPU core being a very stong dude. Now imagine each GPU core is like an 8-year-old kid.
Now, CPUs generally have 2-8 cores while GPUs have thousands(!) of much weaker cores.
But hashing (mining) is like having to gather berries in a forest; thousands of kids will gather a shitton more berries than a few big dudes.
And CPUs are too expensive in comparison to their mining performance they'll take years to mine back their costs. And then there are botnets, meaning thousands of computers are mining CPU coins making things even worse.
And while you can put 6-12 GPUs into a single computer, you can only put 1 (maybe 2) processors into a PC so you have to spend on Motherboard/RAM/HDD/PSU on all of them.
It's just a bad idea altogether - from a profit standpoint at least.
Now, CPUs generally have 2-8 cores while GPUs have thousands(!) of much weaker cores.
But hashing (mining) is like having to gather berries in a forest; thousands of kids will gather a shitton more berries than a few big dudes.
And CPUs are too expensive in comparison to their mining performance they'll take years to mine back their costs. And then there are botnets, meaning thousands of computers are mining CPU coins making things even worse.
And while you can put 6-12 GPUs into a single computer, you can only put 1 (maybe 2) processors into a PC so you have to spend on Motherboard/RAM/HDD/PSU on all of them.
It's just a bad idea altogether - from a profit standpoint at least.
This is very good but I do not know the cost to make solar system, if this cheaper is worth a try.
we can make comparisons and choose cheaper energy. there are various alternatives to save electricity. for example using wind and water energy.
we can make comparisons and choose cheaper energy. there are various alternatives to save electricity. for example using wind and water energy.
CPU mining is bad; they're not that well suited for hashing as GPUs, their cost is too much in comparison to their hashing speeds and you can't scale them (1 PC = 1 CPU, maybe 2).
using a gui miner i can use 4 cpu's and have had success mining many altcoins, we are on solar power here and I'm curious to know if the high power bills were the only reason people say cpu mining is dead? I've got my eye on a new desktop computer with octo-core processor for my next mining project.
CPU mining is bad; they're not that well suited for hashing as GPUs, their cost is too much in comparison to their hashing speeds and you can't scale them (1 PC = 1 CPU, maybe 2).
I see alot of people are saying alt mining is dead due to the high cost of power consumption. If I run a CPU miner on solar power, would that make it worth doing?
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