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1581  Other / Beginners & Help / Re: What would it take to make CPU mining viable again? on: April 09, 2013, 07:13:05 PM
CPU mining is ludicrous, it would take you a year mining 24/7 on a new i5 CPU to even make enough Bitcoin to meet the minimum withdraw amount on pools, while costing ten times more in electricity than your earnings.


Anyone else care to take a stab at this explanation?  I don't think I did it justice.

http://we.lovebitco.in/mining/

So you are saying that 8 i5s could do the same job in 1.5 months. Granted. i5s us a lot of power, probably more than you could make in coins. But Atom processors are relatively cheap and low power. Granted they are slower as well.
1582  Other / Beginners & Help / Re: Building a BitCoin Mining Rig on: April 09, 2013, 06:37:39 PM
Why isn't anyone replying?  Sad
BUMP!

Perhaps no one knows the answer?
1583  Other / Beginners & Help / Re: What would it take to make CPU mining viable again? on: April 09, 2013, 06:34:09 PM
can you explain your statement? Are you saying that a CPU. or 10 CPU working in a pool will never be able to find a block? or that it would just cost too much?

The effectiveness of your hash rate is relative to everyone else mining.  CPU's pale in comparison to GPU's which pale in comparison to ASICs.  For CPUs to be viable again, you'd need to see a very significant decrease in overall hash rates.

So you are saying that it effectively a race to get to the next new block?
1584  Other / Beginners & Help / Re: What would it take to make CPU mining viable again? on: April 09, 2013, 06:26:34 PM
can you explain your statement? Are you saying that a CPU. or 10 CPU working in a pool will never be able to find a block? or that it would just cost too much?
1585  Other / Beginners & Help / What would it take to make CPU mining viable again? on: April 09, 2013, 06:17:59 PM
Ok, since everyone is GPU mining, CPU mining has been declared obsolete. I don't totally under stand mining. Is everyone racing to find the same next block? once the block is found, does everyone start working on the same new next block?

Granted, CPUs are slow, but there are some low power ones made specifically for laptops. Would it be possible to use one computer to request work from a Pool and then locally split the work up over multiple CPU miners?

Basically, i'm trying to figure out how to capitalize on a bunch of old computers and motherboards that i have laying around and maybe a few new ATOM motherboards.
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