Bitcoin Forum

I want to mine for fun, but all this talk of squeezing GPU for their worth or specialized ASIC miners is demotivating.
Should I mine scrypt based coins with a small market and bet on my luck?

Primecoin mining (currently CPU only) yields about 1 USD/day right now on a normal computer. This should be enough to be profitable, but the price will most likely rise before you decide to do something with your money.

Quarkcoin is might also be worth is. I'm currently mining a few every day with a 3.2GHz dual-core AMD CPU. Not worth a whole lot right now, but if you believe in the currency, it's a good investment.

Thanks for the info

What about computers built only for mining. Like the people who spend 300$ to mine with a GPU. Is it worth building a computer for mining with a 300$ budget?

And how much is electricity to keep your pc on all day?

It's not worth mining on a standard PC at all. What currency are you wanting to mine? Try out a newer currency as you get more coins easier and quicker.

You could mine the CPU only currencies in which GPU/ASICS are not accepted. I know YAC coins but they aren't very profitable with increased total network hashes. but I didn't know XPM are CPU only.

prime coins interesting ill try that thx alot! :))

Electricity cost varies a lot, which is why I left it out of the equation. There are people who do not have to pay for electricity at all.

Quarkcoin can be mined with any ordinary CPU!

It's future is very questionable as many believe it is a scam but it's also very new so there isn't much computing power to compete with like there is with bitcoin.

I believe I read the other day that it isn't completely asic resistant like previously thought though so if the coin blows up it might not be feasible anymore.

Also there is a new coin on the horizon: NXTcoin which requires only proof of stake instead of just proof of work.

Check it out here: https://bitcointalk.org/index.php?topic=345619.0

Why do people think it's a scam? I've seen people call pretty much every coin a scam on here before, so I wouldn't pay much notice to them.

Alright, I'll see about XPM. I remember mining YAC sometimes ago, but I'm not sure if it's still actively developed.
Will look into QRK too, thank you guys.

Careful with quark but since you're just mining and not buying have fun!

heres my set up i got  an intel(R) core(TM)  i-3-2120 CPU@ 3.30 GHz  also i have a regular fan for my CPU, will it over heat? will i be able to mine XPM ?

Thx for your help!

BTW  Im running on windows x64

I was looking into the same thing and settled on two for now.  I started CPU mining SecureCoin as it's similar to Quark.  I joined a pool, and was getting 800kh/s with a 6-core Athlon 1090T at 3.2Ghz... I made about 1.5 coins overnight.  That didn't seem like a whole lot, so I switched to GPU mining StableCoin now, also on a pool.  I've been mining it for 3 hours and have made 1 coin.  I have a Radeon 6850, its doing ~140kh/s at 82 degrees.  Hotter than I'd like, but it seems stable.  When I tried pushing up the intensity I got better kh/s but the temp skyrocketed.  I'm kinda split between whether to mine StableCoin or SecureCoin or if there's something better to mine. 

I know I could mine both at the same time but I don't want to fry the machine, I'm mining for fun and learning how all this stuff works.

You may already know this but the graphics card is an important factor. You will want an AMD card and you will need to learn about thread concurancy, certain coins require more ram than others, etc. Its not just as simplet as installing a software and making money. I would not bother with anything other than a system that can produce. Here is an example of what sort of card you will need: https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html

It will be a great learning experience though, and I say go for it. I'm on the same boat as you and am looking into running a couple AMD graphics cards off my spare pc just to learn about it. I'm not expecting a profit though. I'm more expecting a high electric bill.

No i heard that the graphic card is not importnt to mine primecoins they use the CPU.

That is correct; the GPU is completely irrelevant for XPM mining at this time. See this (https://bitcointalk.org/index.php?topic=255782.0) thread for information about installing the high performance version of the miner.

you wont get too much,but if you dont need the computer its worth tyring.