Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: cryptocoinplay on February 15, 2017, 06:49:20 AM



Title: Which PC/Computer Miner is Best?
Post by: cryptocoinplay on February 15, 2017, 06:49:20 AM
Which PC/Computer Minner Software is best for BitCoin Mining?
I want to earn $5 a day...What kind of specifications I will need to earn this amount?

I have a Computer with-
Intel 4th.gen i5
12GB ram

If you can give me a good way I can buy GPU too.
But need atleast $5+ a day!


Title: Re: Which PC/Computer Minner is Best?
Post by: mocacinno on February 15, 2017, 06:50:20 AM
Which PC/Computer Minner Software is best for BitCoin Mining?
I want to earn $5 a day...What kind of specifications I will need to earn this amount?

I have a Computer with-
Intel 4th.gen i5
12GB ram

If you can give me a good way I can buy GPU too.
But need atleast $5+ a day!
No, you cannot mine using a PC. I did the calculation many times, the last time was last week, you can read about it here: https://bitcointalk.org/index.php?topic=1783157.msg17790187#msg17790187

Bottom line: if you steal electricity AND hardware, and you have a computer with XEON processors and 6 GPU's running 24/7 at 100% you'll make $1 a YEAR at current diff, block reward and BTC price.


Title: Re: Which PC/Computer Minner is Best?
Post by: Mr.007 on February 15, 2017, 06:54:15 AM
Add gpu on your pc , add Rx 480 x 6 slot for get $5-$20 from altcoin


Title: Re: Which PC/Computer Minner is Best?
Post by: cryptocoinplay on February 15, 2017, 08:17:04 AM
Which PC/Computer Minner Software is best for BitCoin Mining?
I want to earn $5 a day...What kind of specifications I will need to earn this amount?

I have a Computer with-
Intel 4th.gen i5
12GB ram

If you can give me a good way I can buy GPU too.
But need atleast $5+ a day!
No, you cannot mine using a PC. I did the calculation many times, the last time was last week, you can read about it here: https://bitcointalk.org/index.php?topic=1783157.msg17790187#msg17790187

Bottom line: if you steal electricity AND hardware, and you have a computer with XEON processors and 6 GPU's running 24/7 at 100% you'll make $1 a YEAR at current diff, block reward and BTC price.


Then What I have to do? Buying Minners from Amazon?


Title: Re: Which PC/Computer Minner is Best?
Post by: mocacinno on February 15, 2017, 08:32:46 AM
Which PC/Computer Minner Software is best for BitCoin Mining?
I want to earn $5 a day...What kind of specifications I will need to earn this amount?

I have a Computer with-
Intel 4th.gen i5
12GB ram

If you can give me a good way I can buy GPU too.
But need atleast $5+ a day!
No, you cannot mine using a PC. I did the calculation many times, the last time was last week, you can read about it here: https://bitcointalk.org/index.php?topic=1783157.msg17790187#msg17790187

Bottom line: if you steal electricity AND hardware, and you have a computer with XEON processors and 6 GPU's running 24/7 at 100% you'll make $1 a YEAR at current diff, block reward and BTC price.


Then What I have to do? Buying Minners from Amazon?

How much do you pay for your electricity? If it's under 5 cents*, you have a decent shot at making some money while mining BTC using the latest generation ASIC, altough you need to do a lot of preparations and calculations to see if you can pull it off.
Under 7 cents* might still be profitable, altough it'll be harder to achieve ROI.

If you pay more, you can try your luck in altcoin mining with a GPU, but in this case, you should open a thread in altcoin mining.

* these numbers are for me personally. It's possible that you can make money while paying more than 7 cents/Kwu in case you're a risktaker, or live in a country without import tax, or already have most of the things you need for mining.


Title: Re: Which PC/Computer Minner is Best?
Post by: zukko on February 15, 2017, 08:36:25 AM
You can start mining Monero now, and look into GPU mining.


Title: Re: Which PC/Computer Minner is Best?
Post by: btcdevil on February 15, 2017, 08:49:50 AM
Which PC/Computer Minner Software is best for BitCoin Mining?
I want to earn $5 a day...What kind of specifications I will need to earn this amount?

I have a Computer with-
Intel 4th.gen i5
12GB ram

If you can give me a good way I can buy GPU too.
But need atleast $5+ a day!
No, you cannot mine using a PC. I did the calculation many times, the last time was last week, you can read about it here: https://bitcointalk.org/index.php?topic=1783157.msg17790187#msg17790187

Bottom line: if you steal electricity AND hardware, and you have a computer with XEON processors and 6 GPU's running 24/7 at 100% you'll make $1 a YEAR at current diff, block reward and BTC price.


Then What I have to do? Buying Minners from Amazon?

Mining Bitcoin is not profitable right now with CPU as the difficulty level is high so it is better that if you wanted to start mining then better start with good running Altcoin or just check with any new good altcoin and mine it and when they hit the exchange you can just trade the coins in the exchange and earn good profit.


Title: Re: Which PC/Computer Miner is Best?
Post by: adaseb on February 16, 2017, 04:56:48 PM
Only way you can make money is to buy a GPU. And you will make $1/per GPU/ per day.


But hurry up because in the future you will make $0.75/per GPU then $0.50/per GPU



Title: Re: Which PC/Computer Miner is Best?
Post by: mocacinno on February 16, 2017, 05:09:27 PM
Only way you can make money is to buy a GPU. And you will make $1/per GPU/ per day.


But hurry up because in the future you will make $0.75/per GPU then $0.50/per GPU



We're in the bitcoin mining section, so i presume you're talking about sha256d hashing... I made a rather big effort to search google for sha256d benchmarks using GPU's.
https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison lists speeds lower than 1 Gh/s for single GPU's, and speeds lower than 3 Gh/s for "farms" of 6 GPU's. It is reported this farm draws a whopping 1200 Watts, not including the controller (i presume).

If you get the 6 GPU's + the PC for free, and you pay 1 cent/Kwu on a 0% fee pool, running this "farm" would make you:
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=3&p=1200&pc=0.01&pf=0.00&d=422170566883.83700000&r=12.50000000&er=1045.02020000&hc=0.00

A negative profit of $104/year. If you got the power for free, it would make 70 cents a year at current diff, block reward and BTC price... So in the best case scenario (free hardware, free power, steady diff, steady price, 0% fee pool), you could potentially make $0.00186 /day mining a 6 GPU farm... As soon as you pay 1 cent/Kwu, mining bitcoin using a GPU will cost you about 30 cents/day in electricity while generating $0.00186 in profits.


Title: Re: Which PC/Computer Miner is Best?
Post by: adaseb on February 16, 2017, 07:27:10 PM
Only way you can make money is to buy a GPU. And you will make $1/per GPU/ per day.


But hurry up because in the future you will make $0.75/per GPU then $0.50/per GPU



We're in the bitcoin mining section, so i presume you're talking about sha256d hashing... I made a rather big effort to search google for sha256d benchmarks using GPU's.
https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison lists speeds lower than 1 Gh/s for single GPU's, and speeds lower than 3 Gh/s for "farms" of 6 GPU's. It is reported this farm draws a whopping 1200 Watts, not including the controller (i presume).

If you get the 6 GPU's + the PC for free, and you pay 1 cent/Kwu on a 0% fee pool, running this "farm" would make you:
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=3&p=1200&pc=0.01&pf=0.00&d=422170566883.83700000&r=12.50000000&er=1045.02020000&hc=0.00

A negative profit of $104/year. If you got the power for free, it would make 70 cents a year at current diff, block reward and BTC price... So in the best case scenario (free hardware, free power, steady diff, steady price, 0% fee pool), you could potentially make $0.00186 /day mining a 6 GPU farm... As soon as you pay 1 cent/Kwu, mining bitcoin using a GPU will cost you about 30 cents/day in electricity while generating $0.00186 in profits.


These days I think its common sense when you mention a GPU you aren't talking about Litecoin or Bitcoin mining.

Buy GPU
Mine ZEC/ETH/XMR
Sell ZEC/ETH/XMR for BTC

I am pretty sure most GPU miners sell their alt-coin for BTC.