Bitcoin Forum

hi all.,

i have pretty powerful PC , can i still mine bitcoins at home ?

cpu: amd fx 8350
mem : 16 gigs ddr3
gpu : NVIDIA GeForce GT 610


where can i get more information on how many bitcoins i can mine per month ?


or if i need new graphics card then which one is better ?

or i can mine any other coin and then exchange it with bitcoin.,

Thanks for your time.
sorry for too many questions.

you can, but I doubt you'll get anything with your mining

If you're looking at Bitcoin specifically, there is no way to profitably mine it, or even mine a few cents worth of Bitcoin with your normal PC. But you might be able to mine altcoins and convert them to BTC.

Your best way to check would be to try this software: https://minergate.com/

It automatically chooses the best altcoin to mine, and mines it.
I doubt you would earn more than ~10-20 cents a day mining, and the power cost will likely hugely offset any profit.

But it might be worth trying to sate your curiosity.

There are some great resources to help you understand where the greatest return on mining investment can be achieved. It's not with Bitcoin, but you could make some good gains with an alternative crypto currency and then trade that let those mining rewards ride or trade them for Bitcoin or a more mainstream crypto currency.

Check out this site: https://www.coinwarz.com/cryptocurrency (https://www.coinwarz.com/cryptocurrency)

You seem to know enough about how to fill out the profitability template, but there's also some general stats for several crypto currencies.

Best bet would be to rent your hash through Minerrentalrigs with a failover to Nicehash.

Any proof ?

Just started selling hash through Nicehash.  Are you recommending Minerrentalrigs over it for increased profitabilty vs. Nicehash?

Not mining anything with THAT video card  :D

It is WAY outdated & too slow,you need at least an AMD 470/570 4gig or 8gig (7950 and 7970 do ok,but use alot of power) or Nvidia 1060/1070 3gig or 6 gig.

And yeah,bitcoin mining is over with ANY video cards  :(

Come on,its like buying mining shares,it's a no profit deal,unless you get a jump on a coin that will pump & you can dump  :D

if question is "can i mine" the answer is yes you can, but if question is "is it profitable" so the answer is "No". you can test mine in a pool and get your hash rate, and then calculate your hashrate in coinwarz. Another option is mine monero with your gpu

Yes indirectly, you can mine altcoins but get paid out with bitcoins via nicehash.

I have a gaming laptop (yes i know you shall not mine with laptops, but I wanted to know if nicehash is legit from my own exerience and I do not have a PC) with a GTX 980m, and mined with it for ~2 weeks and got ~30$ woth of btc as a payout.

Nicehash has a good calculator too https://www.nicehash.com/?p=calc

Not sure about your grapgic card but I think it´s too old, you might consider buying a GTX 1080ti, it has a ROI of 100 days

With Minerrentalrigs, you can set your own rate. So it could be more profitable. But you may have a lot of idle time, waiting for someone to rent your hash. It may be easier to just rent through nicehash, since they have the option to switch algo to most profitable.

powerful computer!!! bahahaha!

Gotcha thanks.  Yeah nicehash allocates hashing to what it considers to be the most profitable alt, which is nice in that it's self managed.

>Powerful computer

>Geforce GT 610

Pick one

you don't mine bitcoin with graphic card you mine altcoin and dump for bitcoin, this is the what eveyrone do here, bitcoin can only be mined with expensive asic that will never roi or will be useless after roi

Sorry to say , but your pc is very outdated , and not powerful at all.
if you add some newer vga card , like RX480/470 or rx 580 or nvidia 1060 and up , your pc still not going to be very powerful PC , but you going to be able to mine some coins ( but not bitcoin ), and then exchange those coins to bitcoin . If this is what you want to do :)

thanks , but what happens when btc hit 10k/20k .
so even if i mine 1 bitcoin in in a year., it will be worth more in future, but i get your point, thanks

can i still mine bitcoin with my graphics card ?

Yes, if you find a good deal on a time machine back to 2012. Otherwise invest in an ASIC miner or just buy BTC.

this looks great, thanks for the site, ill try it out. and if possible will uprade the graphics card..

Yes you can still can mine mate. You can try mining in nicehash. They have calculator to compute your system unit power and your income per day.

thanks, looks like i have rad and learn more, there used to be only 2 algorithms.,
SHA-256 and Scrypt. now i see all these new algos.

GT 610 the hash rate of this graphics card is 0.5mh/s so it is really low compare with the new released gpu in the market right now. It is not really profitable now because of the difficulty in mining bitcoin right now after the bitcoin halving. That would cost you a  lot  in your electricity.

In altcoin mining though it is not really profitable but if we compare it with the bitcoin mining, altcoin is profitable tthan bitcoin but we are into the hashrate but it is still too low. ETH is not profitable in your gpu because of the difficulty of that coin.

If you are really eager in mining go for altcoin mining. Zcash or XMR is my recommendation because it is profitable. Though it is not what you expect for. i think it is $0.1 per day . but i dont really think so

I can't believe this post has 24 replies, now 25 with mine.

you will  mine 0.00001 bitcoin in one year your with your crap computer.
hard truth.

This is my personal opinion of your condition. Your PC has pretty good specs, but with bitcoin conditions like this you can not benefit get profit from bitcoin mining with your PC. The most likely solution is to mine another coin, such as bytecoin, monero or other coin, then exchange them to bitcoin.

I think a good gpu for now is nvidia gtx 1080, but it is only advantageous if mined altcoin not for bitcoin

Maybe this link can help you if you want to use gpu for mining
Http://www.legitreviews.com/best-gpu-ethereum-mining-nvidia-amd-tested_195229

Or may be you can mine POS coin with your PC, you just keep your PC online everyday and hold coin, but it wont give you much profit due electricity cost if you only mine POS coin

With even the strongest AMD/Nvidia GPU, it is not feasible to mine bitcoins simply because the difficulty have increased exponentially since 2009 to the extent that any GPU cannot mine it efficiently anymore, only thing that could mine it is AISC miners. Besides, mining with ur own equipment is bad as it would cause more wear and tear on ur hardware and the earnings would not be sufficient to cover the electricity bills.

I dont think its profitable now. Try Alt coin like Dash

lol man you can't mine bitcoin with that relic thing, at best you can mine low diff altcoin, but even so you are out of the game, your gpu is too old, instead buy a 1060 or 1050 if you don't have enough money and use that for mining

Dash is alos ASIC mineable. So try ETH or ZEC.

 It's entirely possible to mine for a profit on the HD 7750 or a GTX 750ti - not a LOT of profit, but still a profit.

 I don't recommend it though, unless you already have the cards.

 GT 610 though is so old and so low performance I doubt it CAN mine profitably on anything without FREE electric.



 FX 8350 should be able to mine Monero profitably, but it's high enough wattage it's not going to make a LOT.