Bitcoin Forum

hi all,
i am new to bitcoin mining, after reading many and many topics i found that electricity is one of the major factors to make mining profitable. i have free electricity (legit way) and some computers (10 maybe with AMD Radeon HD 6450 as graphic card and i3/i5 cpu), so, is there anyway to gain profit from that?
any advice will be greatly appreciated.

Those GPUs are ancient....sell em & upgrade to AMD 460,470,480 or 560,570,580 no less than the 4 gig models.

But AMD is sold out everywhere & anyone that has them are asking 3 times what their worth,so go for Nvidia 1060 3 gig,best deal ATM.

Check here for more info on altcoin mining:

https://forum.ethereum.org/categories/mining/p1

The times of Bitcoin GPU minings are long gone. The only way to earn Bitcoin with GPU mining nowadays is finding profitable alt coins to mine.

Go to altcoin mining and ask there. Since your electricity is for free, you may have a chance, but I am not good at GPUs.
Just beware, usually free electricity + abuse => no more free electricity.

In your case it's best to check out wich altcoin is the most profitable for you rather than mining bitcoin. If you want to actively mine bitcoin you have the purchase a lot of high end mining rigs in order for you to make it proftiable in the long run.

Can you specify how you got free electicity? Do you live with your family?

Anyway, that's a huge cost off your profit calculation. Definitely alot easier to profit off that. I suggest investing on a better graphics card though. Unfortunately I can't help you with what specific graphics cards to buy, but it's easy to research on that.

Also, use http://coinwarz.com ; it has good calculators to compute for profits and for what specific cryptocurrency.

thanks for all these advices. now i have a clear idea about what i have to do : getting better GPUs and focussing in altcoin mining  :D

Wow free electricity = full profit to your mining. I'm guessing you are not really kidding as you look totally ready for the mining job. Anyway if it is the case then you should start developing your semi large mining rig. You bloom with profits and lifetime free income. You will be able to recover the investment real soon.

do you mean we better gain profitable by trading way either mining it?

Free electricity is taking you to some profitable minings. Just check out some rigs which are new and most upgraded. As you don't have to pay for electricity you are going to save big money which you can put into some good rigs as one time investment. This would be beneficial for long run. And yeah as others suggested GPU are really bad these days. Hope you will update us soon once you do something big with mining.

Free electricity is great !
But the thing is the days of bitcoin gpu mining is over.

These GPUs are a little bit old compared to these days.
It's better if you get better cards rx 470s or 480s and gtx 1060s.

And that's the best that you can get.

Radeon 6450 is a low end card that is absolute trash and not good for any mining whatsoever. All you can do is CPU mine really.

Mining Bitcoin directly with GPUs => you'll never see anything

Mining alt coins with GPUs => you can trade them for BTC at a bigger sum than you would get when mining Bitcoin directly with GPU (which would be: nothing)

As says before : you can't earn money, even with free electricity with GPUs bitcoin mining.
And your AMD are very too old to earn enought : mining take a lot of time to control your miner, your pools, your exhnages, to sold...