What are options to mine a profitable crypto on my computer. - page 7.

Jendral Istimewa

full member

Activity: 330

Merit: 102

Quote from: PochJvb on May 15, 2020, 07:12:51 PM

I dont have the financial capacity to mine bitcoin. Is there anything I can mine profitably using my ordinary electronic gadgets like laptop, mobile and related stuff?

Try to study the Idena project. Idena provides mining that only relies on medium end laptops and stable connections.
and if you want to get more profit, you can use vps

waywoos

jr. member

Activity: 124

Merit: 2

you mean 10 users but 1 person behind it.

MASS is a scam

DrG

legendary

Activity: 2086

Merit: 1035

There are 10 users in this thread spamming about MASS. If you check the time zone for each user they are all the same. Most of their posts are all about MASS with poor English (4 of them keep using the phrase "surly" for surely). All the accounts were created within 30 days of each other. It may be harmless shilling, but none the less it is forum spam. Please refrain from constantly spamming about MASS.

wtr1133

newbie

Activity: 47

Merit: 0

MASS was a better option to mine on computer but with time its complexity is increasing day by day just like BTC. But still miners like me are mining this coin on computers using spare HDDs. So far its a good journey with MASS.

mqpa73

jr. member

Activity: 30

Merit: 1

"In MASS PoC consensus algorithm, the proof of capacity is decentralized, and the proof of capacity provided by a miner is linearly related to his rewards. If miners want more revenue, the best way is to expand the capacity. Such a mining algorithm allows individual miners and large miners to mine on an equal basis"
Source

Colossal Enterprises LLC

copper member

Activity: 34

Merit: 0

in terms of security MASS is as good as BTC while its performance is much better then previous blockchains. Moreover MASSNET can handle multiple blockchain instances. This is surly future gold.

amber332

jr. member

Activity: 63

Merit: 1

Only you hear good and positive reviews about this project. not many have achieved what this project has achieved in small span of time. It is a good choice of investment specially for those who have small capital but wanna invest for long duration.

jimjam1

newbie

Activity: 45

Merit: 0

MASS is bringing forward PoC algorithm and this is as good as PoW. Its fast, fair, secure and most importantly it consumes less energy. The future surely looks forward for this token.

wtr1133

newbie

Activity: 47

Merit: 0

That's very much right, we cant go back in time else everyone would have mined Bitcoin.
You need to be on time to catch the train. Those who havent mined MASS in early days like me are regretting now. Price is still in range to buy on exchnage.

ddal3

newbie

Activity: 46

Merit: 0

Quote from: whotheff on September 25, 2020, 03:28:20 PM

Quote from: ddal3 on September 25, 2020, 03:22:32 PM

mining cryptos that have some values on exchanges is not possible now a days. MASS is a good option to mine cryptos on ordinary devices and has good value on exchanges. I am sure it will go up in days to come.

Yep, if you call ordinary device something with fast, unlimited internet and 5-10TB of storage Cheesy

If you recall BTC was mined on laptops and other such devices back in 2010, same holds true for MASS. Before its enlistment on exchanges, it complexity was low an can easily be mined on laptops.

whotheff

member

Activity: 762

Merit: 35

Quote from: ddal3 on September 25, 2020, 03:22:32 PM

mining cryptos that have some values on exchanges is not possible now a days. MASS is a good option to mine cryptos on ordinary devices and has good value on exchanges. I am sure it will go up in days to come.

Yep, if you call ordinary device something with fast, unlimited internet and 5-10TB of storage Cheesy

ddal3

newbie

Activity: 46

Merit: 0

mining cryptos that have some values on exchanges is not possible now a days. MASS is a good option to mine cryptos on ordinary devices and has good value on exchanges. I am sure it will go up in days to come.

janak3

newbie

Activity: 29

Merit: 0

MASS has brought with it many new things like decentralized mining and PoC consensus engine. The party has just begun, there are firm chances that many other projects will harness the power of MASS blockchain in days to come.

floodsitu

newbie

Activity: 43

Merit: 0

BTC mining is profitable only in its early days likewise mass was profitable only before its enlistment on exchange. The real thing about mass is its consensus engine aka PoC. With MASS harnessing the power of PoC, it is expected that many more will join this.

Bigerio

newbie

Activity: 46

Merit: 0

Quote from: XinZang on September 08, 2020, 01:13:26 PM

Quote from: Skinny48 on September 03, 2020, 04:43:35 AM

Quote from: PochJvb on May 15, 2020, 07:12:51 PM

I dont have the financial capacity to mine bitcoin. Is there anything I can mine profitably using my ordinary electronic gadgets like laptop, mobile and related stuff?

Your laptop can't handle 24/7 mining even if it's a alienware or asus rog laptop, you will kill the laptop pretty fast, don't even try to mine with your phone either, it will die faster, you can get a cheap gpu and try to play around with that using a desktop pc

You are right. This happens if you try to mine PoW based token on laptop or cell phone. MASS is different in a sense that it doesnt require computational power of your device, it only requires you to stake your HDD and it wont effect performance of your device.

MASS is an amazing project that bring PoC consensus algorithm to main stream. Before MASS not many knows about the PoC consensus algo. PoW based tokens like BTC need expensive mining hardware. To mine MASS you only need HDD.

XinZang

newbie

Activity: 41

Merit: 0

Quote from: Skinny48 on September 03, 2020, 04:43:35 AM

Quote from: PochJvb on May 15, 2020, 07:12:51 PM

I dont have the financial capacity to mine bitcoin. Is there anything I can mine profitably using my ordinary electronic gadgets like laptop, mobile and related stuff?

Your laptop can't handle 24/7 mining even if it's a alienware or asus rog laptop, you will kill the laptop pretty fast, don't even try to mine with your phone either, it will die faster, you can get a cheap gpu and try to play around with that using a desktop pc

You are right. This happens if you try to mine PoW based token on laptop or cell phone. MASS is different in a sense that it doesnt require computational power of your device, it only requires you to stake your HDD and it wont effect performance of your device.

Skinny48

member

Activity: 448

Merit: 18

Quote from: PochJvb on May 15, 2020, 07:12:51 PM

I dont have the financial capacity to mine bitcoin. Is there anything I can mine profitably using my ordinary electronic gadgets like laptop, mobile and related stuff?

Your laptop can't handle 24/7 mining even if it's a alienware or asus rog laptop, you will kill the laptop pretty fast, don't even try to mine with your phone either, it will die faster, you can get a cheap gpu and try to play around with that using a desktop pc

SamaBB

newbie

Activity: 37

Merit: 0

Quote from: Skinny48 on August 31, 2020, 08:18:17 AM

Quote from: adaseb on May 16, 2020, 01:34:52 AM

There are ways to mine however you need to invest some money. First issue is your electrical bill, if its like $0.10 kwh then its not worth mining anything. If its half that then you have some options.

You can get an ASIC however the latest ones are very expensive. At the current rates you will only make a profit if the underlying coin goes up in the near future. Hence you might as well just buy BTC and hold it.

You can get a desktop computer and buy a GPU like an RX 470 8GB and make like $0.25 per day per card before electrical costs. Same with getting a high end CPU like Ryzen and mining XMR. However the profits are small. There really is no point at the moment.

Mining Ethereum with rx470 today will net you 1.45$ and that can be whole yours if you have free electricity, I'm mining off grid with solar panels and batteries and I love it

Life is much easier if we have free electricity. There are very few people in this world who have free electricity, most have to pay for it. You need investment to buy solar panels and batteries. The point is there are tokens that can be mined without paying huge electricity bills. All we need is to do some research.

Skinny48

member

Activity: 448

Merit: 18

Quote from: adaseb on May 16, 2020, 01:34:52 AM

There are ways to mine however you need to invest some money. First issue is your electrical bill, if its like $0.10 kwh then its not worth mining anything. If its half that then you have some options.

You can get an ASIC however the latest ones are very expensive. At the current rates you will only make a profit if the underlying coin goes up in the near future. Hence you might as well just buy BTC and hold it.

You can get a desktop computer and buy a GPU like an RX 470 8GB and make like $0.25 per day per card before electrical costs. Same with getting a high end CPU like Ryzen and mining XMR. However the profits are small. There really is no point at the moment.

Mining Ethereum with rx470 today will net you 1.45$ and that can be whole yours if you have free electricity, I'm mining off grid with solar panels and batteries and I love it

Kakmakr

legendary

Activity: 3388

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Leading Crypto Sports Betting & Casino Platform

Quote from: adaseb on May 18, 2020, 12:50:21 AM

Quote from: PochJvb on May 17, 2020, 09:02:19 PM

Quote from: RozoTheMiner on May 15, 2020, 09:42:56 PM

~ snip ~

I should also ask you what components do you have in your computer

I have a HP laptop not very special just a normal one with 500 GB HDD, 8 GB RAM and Core i5 Processor. I don't my laptop has expensive components that I can use to mine any coin that requires extensive processing.

I will save you the hassle of investigating further and just say that there is nothing that you can mine on that laptop. You shouldn't ever even mine on a laptop due to a fire risk of the battery exploding.

Right now mining is very competitive and BTC even had a halving which makes it more competitive. The cheapest way to mine if you still want to is to get a desktop and buy a RX 470 8GB GPU for like $100 and mine ETH, you will make like $0.25 a day before electrical, after electrical probably nothing. So if you want to get involved in crypto just buy the coins directly as an investment. If it was that easy to mine with a $50 laptop, everybody would be doing it.

There are a bunch of people mining coins in dorm rooms without having to worry about the utility bills that has to be paid. I even know some people living with their parents that are mining Ethereum in the basement. (So small setups like this will suit them well, but I feel this is highly unethical if the person paying the bills are not informed about this.)

I would never do this with a notebook, even if it has a strong GPU... because the heat is always the problem. Running this with a open mining rig is already a challenge... just imagine doing this in the confined space within a notebook chassis. Roll Eyes

Topic: What are options to mine a profitable crypto on my computer. - page 7. (Read 3800 times)