Bitcoin Forum

Other => Beginners & Help => Topic started by: RippleAway on March 20, 2013, 12:22:47 PM



Title: Is CPU mining as part of a pool also a waste of time?
Post by: RippleAway on March 20, 2013, 12:22:47 PM
I've read that CPU mining is a waste of time. Does that also count for CPU mining as part of a larger pool?


Title: Re: Is CPU mining as part of a pool also a waste of time?
Post by: phantastisch on March 20, 2013, 12:24:02 PM
Yes.


Title: Re: Is CPU mining as part of a pool also a waste of time?
Post by: masterjule on March 20, 2013, 01:45:58 PM
Better use a GPU


Title: Re: Is CPU mining as part of a pool also a waste of time?
Post by: mufa23 on March 20, 2013, 01:56:58 PM
As of right now, it's a waste. However, that 0.001 BTC you get from it might be worth something when bitcoin hits a few thousand. If you were to mine with a CPU right now and sell at the current price, then you'll be losing out. If you were to hold on to whatever you make with a CPU now and sell it in a few years, it might have been worth it.