Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Jaymal on January 16, 2017, 10:06:03 PM



Title: I have free electricity and internet
Post by: Jaymal on January 16, 2017, 10:06:03 PM
I don't pay for Internet and electricity. I'm new to bitcoin, how long will it take me to mine 1Bt using my laptop?  Gpu 2gb 8gb ram i5 and how? THANKS FOR YOUR REPLİES.


Title: Re: I have free electricity and internet
Post by: coolcoinz on January 16, 2017, 10:39:13 PM
I'm curious how you manage to do it? Do you live with your parents? :) In this world nothing comes free, but if you really don't have to pay, for some reason, start mining. What most people struggle to achieve you will be given on a silver platter, as cost of electricity usually discourages people from mining and consumes most of their profits.
Just look here: https://bitcointalk.org/index.php?topic=1750067.0


Title: Re: I have free electricity and internet
Post by: Rabinovitch on January 17, 2017, 03:56:26 AM
how long will it take me to mine 1Bt using my laptop?  Gpu 2gb 8gb ram i5 and how? THANKS FOR YOUR REPLİES.

Hi! Nobody mines bitcoins with CPUs nowadays. The network difficulty is TOO HIGH for this to be possible. AFAIK there is no even a CPU-miner that mines on bitcoin's algo (sha-256).

If your laptop is the only gear you can use for mining, pay attention to CPU-oriented forks like monero (XMR) and may be some others.


Title: Re: I have free electricity and internet
Post by: Wilhelmus on January 17, 2017, 07:27:11 AM
It will take you an eternity. Sadly nowadays Bitcoin mining came to a point where an individual not possessing expensive ASICs can not mine. I recommend you to do not mine with your laptop as you will basically burn it.


Title: Re: I have free electricity and internet
Post by: Rabinovitch on January 17, 2017, 07:30:46 AM
Nonsense. My laptop at work is mining for many monthes and it's completely OK. The laptop will shut itself down in case of overheating.


Title: Re: I have free electricity and internet
Post by: Jaymal on January 17, 2017, 07:34:33 AM
Nonsense. My laptop at work is mining for many monthes and it's completely OK. The laptop will shut itself down in case of overheating.
hi in a month how much can I make if I use monero?


Title: Re: I have free electricity and internet
Post by: Rabinovitch on January 17, 2017, 08:01:46 AM
Do you want me to calculate numbers for you?  :)

Try to find the hashrate value for your exact CPU model. Then use this calculator (for example): https://dwarfpool.com/xmr/calc (https://dwarfpool.com/xmr/calc)


Title: Re: I have free electricity and internet
Post by: Jaymal on January 17, 2017, 08:02:59 AM
Do you want me to calculate numbers for you?  :)

Try to find the hashrate value for your exact CPU model. Then use this calculator (for example): https://dwarfpool.com/xmr/calc (https://dwarfpool.com/xmr/calc)
thanks man


Title: Re: I have free electricity and internet
Post by: Metroid on January 17, 2017, 08:54:16 AM
Do you want me to calculate numbers for you?  :)

Try to find the hashrate value for your exact CPU model. Then use this calculator (for example): https://dwarfpool.com/xmr/calc (https://dwarfpool.com/xmr/calc)
thanks man

It will take 21 years by my calculations given the rising difficult, for you to generate 1 bitcoin cpu 24/7.

I'm curious how you manage to do it? Do you live with your parents? :) In this world nothing comes free

 There is no such a thing as free electricity, if he does not pay then somebody else is.

Well it can't be helped, rising in bitcoin price reminds the gold rush, many people died in mines, this free electricity thinking is also killing many like the mines did.


Title: Re: I have free electricity and internet
Post by: Eyedol-X on January 17, 2017, 11:05:30 AM
Just want to throw out there that there are places in this world where you can live where electricity and water is included in your rent.

OP, I suggest you look into altcoin mining, easiest place to start is Nicehash with their switching miner.

Bottom line, you won't make much if anything for your efforts, maybe $1 USD a day max on your current laptop.


Title: Re: I have free electricity and internet
Post by: eckmar on January 17, 2017, 11:40:45 AM
Nonsense. My laptop at work is mining for many monthes and it's completely OK. The laptop will shut itself down in case of overheating.

Yeah but is it proftable ? I mean consider the fact that you are stressing your laptop for few bucks a month. Laptops genrally have weak cpus and integrated/weak gpus


Title: Re: I have free electricity and internet
Post by: h311m4n on January 17, 2017, 03:30:44 PM
Do you want me to calculate numbers for you?  :)

Try to find the hashrate value for your exact CPU model. Then use this calculator (for example): https://dwarfpool.com/xmr/calc (https://dwarfpool.com/xmr/calc)
thanks man

It will take 21 years by my calculations given the rising difficult, for you to generate 1 bitcoin cpu 24/7.

I'm curious how you manage to do it? Do you live with your parents? :) In this world nothing comes free

 There is no such a thing as free electricity, if he does not pay then somebody else is.

Well it can't be helped, rising in bitcoin price reminds the gold rush, many people died in mines, this free electricity thinking is also killing many like the mines did.

Not necessarily.

You could very well have a setup with enough solar panels coupled with batteries that stock some of your solar energy for the night time. When the sun goes down, batteries go into action until morning. So, except for the fact there's an investment in the beginning, you're essentially getting free electricity.

Now OP says he wants to mine with a laptop, so he's probably in a dorm or whatever and someone is clearly paying for electricity/internet :)


Title: Re: I have free electricity and internet
Post by: coolcoinz on January 17, 2017, 04:11:23 PM
You could very well have a setup with enough solar panels coupled with batteries that stock some of your solar energy for the night time.

Enough for mining would mean A LOT. A decent amount of solar panels would cost him at least $3000, I wouldn't call it free electricity. He'll need a couple years until the investment returns. Also the more panels the more batteries you need to accumulate the power and these aren't cheap as well.


Title: Re: I have free electricity and internet
Post by: target on January 17, 2017, 04:22:49 PM
Laptop isn't meant to run for more than 8 hours, it would over heat and will malfunction. What you need is to buy a desktop with GPU and mine coins but not BTC.
You can try XMR and the likes.

If I only have free electricity, I'd convert my room as a mining facility and makeshift as freezer.  Let my mining rig work everyday, its leterally going to be a XMR mine.


Title: Re: I have free electricity and internet
Post by: klondike_bar on January 17, 2017, 05:17:18 PM
I don't pay for Internet and electricity. I'm new to bitcoin, how long will it take me to mine 1Bt using my laptop?  Gpu 2gb 8gb ram i5 and how? THANKS FOR YOUR REPLİES.

laptop wont mine anything.

build a gpu rig or buy a bitmain asic miner


Title: Re: I have free electricity and internet
Post by: felixbrucker on January 17, 2017, 06:23:58 PM
im currently in the same situation, electricity is included in my rent

my computers are cpu mining and i also have set up some rigs, total power draw is somewhere between 5 and 6 kW (i have two breakers)

i have to say, cpu mining can yield some result but compared to gpu its not that high if you dont own a high end cpu

a fx8320e does 230-270 h/s in cryptonight, this does give you about 0.00035 BTC per day (on nh)
a decent intel i7 does more

mining with your laptop can be done, it depends on how long your fans live (probably the first and likely only thing to fail) and how easy it is to replace them
im mining with a spare laptop as well, it ran straight for the last 2 years, no fan failed yet, total usage time is 4 yrs now

the time to mine 1 BTC with only a laptop and (decent) mgpu will probably take about 1100 Days (3yrs), but thats only a rough estimate on current prices


Title: Re: I have free electricity and internet
Post by: Etherion on January 17, 2017, 08:46:31 PM
im currently in the same situation, electricity is included in my rent

my computers are cpu mining and i also have set up some rigs, total power draw is somewhere between 5 and 6 kW (i have two breakers)

i have to say, cpu mining can yield some result but compared to gpu its not that high if you dont own a high end cpu

a fx8320e does 230-270 h/s in cryptonight, this does give you about 0.00035 BTC per day (on nh)
a decent intel i7 does more

mining with your laptop can be done, it depends on how long your fans live (probably the first and likely only thing to fail) and how easy it is to replace them
im mining with a spare laptop as well, it ran straight for the last 2 years, no fan failed yet, total usage time is 4 yrs now

the time to mine 1 BTC with only a laptop and (decent) mgpu will probably take about 1100 Days (3yrs), but thats only a rough estimate on current prices

I wonder how long it will take for your landlord to realise that his power bill is costing much more than normal. your power is costing him about $500-$600 a month.


Title: Re: I have free electricity and internet
Post by: szachta on January 17, 2017, 09:28:01 PM
I think you new but anyway trying mine btc in laptop is no recommended.Where is free electricity?


Title: Re: I have free electricity and internet
Post by: morantis on January 17, 2017, 09:30:10 PM
if all this is true, then mine another coin and convert that into BTC, the diff is too high, you might get really lucky between now and the time that yoiu start paying your own bills, but unlikely


Title: Re: I have free electricity and internet
Post by: felixbrucker on January 17, 2017, 10:54:11 PM
im currently in the same situation, electricity is included in my rent

my computers are cpu mining and i also have set up some rigs, total power draw is somewhere between 5 and 6 kW (i have two breakers)

i have to say, cpu mining can yield some result but compared to gpu its not that high if you dont own a high end cpu

a fx8320e does 230-270 h/s in cryptonight, this does give you about 0.00035 BTC per day (on nh)
a decent intel i7 does more

mining with your laptop can be done, it depends on how long your fans live (probably the first and likely only thing to fail) and how easy it is to replace them
im mining with a spare laptop as well, it ran straight for the last 2 years, no fan failed yet, total usage time is 4 yrs now

the time to mine 1 BTC with only a laptop and (decent) mgpu will probably take about 1100 Days (3yrs), but thats only a rough estimate on current prices

I wonder how long it will take for your landlord to realise that his power bill is costing much more than normal. your power is costing him about $500-$600 a month.

actually they dont really seem to care about this, its a huge building with like 200-300 people in there

have been doing this since 3 and a half years now


Title: Re: I have free electricity and internet
Post by: evakka on January 18, 2017, 09:54:53 AM
Nonsense. My laptop at work is mining for many monthes and it's completely OK. The laptop will shut itself down in case of overheating.
hi in a month how much can I make if I use monero?

Three normal (office usage) PC's:
 i3, i5, Core 2 2.66Ghz without overclocking

mining in minergate for almost 2 weaks 24*7 with total H/s
https://minergate.com/widget/3ceaa05041858ed4.png (https://minergate.com/widget/3ceaa05041858ed4.png)

The profits are:
Monero           0.152897540725
FantomCoin     0.755349797363

In total : 1.85572361 USD

So do your maths in mining with a laptop...


Title: Re: I have free electricity and internet
Post by: noictib on January 18, 2017, 10:06:42 AM
I don't pay for Internet and electricity. I'm new to bitcoin, how long will it take me to mine 1Bt using my laptop?  Gpu 2gb 8gb ram i5 and how? THANKS FOR YOUR REPLİES.
I have pc more powered than what you have . But unfortunately I don't found mining is much profitable because I tried to mine much from my pc but at the last I earned about 0.001 in week which I can efford .
Here another thing is also a matter , that is , you need to make your laptop on for everytime  and that will be result into arise of problems in your laptop .
So it would be better if you can hire a miner above of s5 .
Otherwise you will only make a very less amount of money that will be not perfect for your earning starts in bitcoin .


Title: Re: I have free electricity and internet
Post by: Tasty Potato on January 19, 2017, 08:20:28 PM
Free electricity and internet plus a notebook - I would think of learning Photoshop, 3D or VR software or coding and make money using the notebook, but not for mining.
You need 'most high-end' and 'most-ROI-friendly' hardware for mining and have it in mass  8)
Or just buy e-coins and try to sell 'em high.


Title: Re: I have free electricity and internet
Post by: evakka on January 19, 2017, 10:37:38 PM
I don't pay for Internet and electricity. I'm new to bitcoin, how long will it take me to mine 1Bt using my laptop?  Gpu 2gb 8gb ram i5 and how? THANKS FOR YOUR REPLİES.
I have pc more powered than what you have . But unfortunately I don't found mining is much profitable because I tried to mine much from my pc but at the last I earned about 0.001 in week which I can efford .
Here another thing is also a matter , that is , you need to make your laptop on for everytime  and that will be result into arise of problems in your laptop .
So it would be better if you can hire a miner above of s5 .
Otherwise you will only make a very less amount of money that will be not perfect for your earning starts in bitcoin .

@noictib
so you would suggest for Jaymal which is having the advantage of free electricity the option to buy a used antminer s7 and go for Bitcoin ?
Is it going to be profitable nowadays ?
How much does this device cost and when do u think he will be able to get his money back and make profit on top of that?


Title: Re: I have free electricity and internet
Post by: fmz89 on January 22, 2017, 04:32:24 PM
I don't pay for Internet and electricity. I'm new to bitcoin, how long will it take me to mine 1Bt using my laptop?  Gpu 2gb 8gb ram i5 and how? THANKS FOR YOUR REPLİES.
just sell your laptop and buy dynamite, its more sense i think  ;D ;D ;D ;D ;D lulz