slashblood18 (OP)
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October 26, 2018, 06:04:20 PM |
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Hey guys, just a newbie here, just want to use my rpi3 for mining since i rarely use it and my question is want what are the things that is needed to start mining like softwares or drivers or even in hardware and what are the pros and cons of it. Thanks in advance ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Cajor
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October 28, 2018, 03:11:10 AM |
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You can mine coins with a Raspberry pi 3. But keep in mind that the profit may not be great as the cost of electricity can be high. Raspberry Pi 3 (32 GB Edition) can cost you $80.
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adaseb
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October 28, 2018, 05:53:32 AM |
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Normally you never mine on a RPie. What most people do with a RPie or an BB it's used as a controller for their ASIC. Most ASICs have some form of Raspberry Pie or BeagleBoard controller.
What you can do with your RaspPie instead is actually run a Bitcoin node. You don't get paid for it but you won't make a penny either mining with your Rasp. This way you keep the network decentralized and secure. Check with your ISP first however in case you have any bandwidth limits as it can easily max out your usage. However there are ways to limit this in the config.
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Mr. Perfect77798
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October 28, 2018, 08:45:01 AM |
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If you're starting out it is a good idea to do a little digging around several sources of information. There are video and other forms of guides for beginners that would help you start off on the right foot and help you become more proficient from the get go.
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Lea Bentley
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October 28, 2018, 10:15:00 AM |
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Every altcoins has its pros and cons, so is of the raspberry. You just have to have a decent hardware and the confidence to carry on the investment. Your can enter in any trustworthy site and start it by buying the coins.
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Markus Good
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October 28, 2018, 10:39:47 AM |
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Though it is possible to mine cryptocurrency with Raspberry Pi, the consumption is generally too high. It is your choice wether you want to continue the project with this problem or not. In that case, you can search the method in google. You will have detailed and safe method there
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slashblood18 (OP)
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October 29, 2018, 02:42:30 AM |
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@Cajor How high can be the electricity usage when you use raspberry pi for mining? @adaseb how this bitcoin node and why we cant get paid from it? @Mr. Perfect77798 any links or reference that would help me to start with rpi mining? @Lea Bentley any suggestions or links on where to get coins and where to find decent hardwares for rpi mining. @ Markus Good Any suggestions or links for safe methods. Thanks for the advice guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Really appreciated it
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crairezx20
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October 29, 2018, 03:13:12 AM |
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I think you can only use the Raspberry Pi for running a masternode which you can also earn or rewarded by earning portions of block rewards. You can also run a (POS) Proof of stake coins on raspberry pi and get rewarded.
This is a common use for this device no one uses it as a miner some ASIC use this Pi as a server where you can remote your miner through raspberry PI.
Only ASIC and GPU or CPU are devices that you can mine bitcoin and altcoins.
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nsummy
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October 29, 2018, 03:38:07 AM |
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RileyPeterson
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October 29, 2018, 05:27:31 AM |
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I'm totally a newbie here. I'm really sorry to say that I never mined any types of virtual currency. I have no idea about how to mine on a Raspberry Pi3.
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Alirallan99
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October 30, 2018, 12:30:13 PM |
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Honestly it is better not to mine using Raspberry Pi right now as it is not profitable. It is suggested to go for other rigs.
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Womalith12
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October 30, 2018, 12:30:32 PM |
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Although it is possible to mine coin with Raspberry Pi technically, but I am afraid at this moment this is not profitable at all. You can find detailed explanations regarding this topic here in this forum.
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Legoecia1
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October 30, 2018, 12:30:54 PM |
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A person may efficiently mine Bitcoin around the Raspberry Pi. For this specific, you’ll need the Pi, a Raspbian image, pool account, Bitcoin wallet, plus USB bitcoin miner.
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Valer4ik
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October 30, 2018, 05:24:27 PM |
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If you believe in growth, it is easier and more profitable in the case of growth to buy a PTS for the same amount than equipment. This one asik for $ 2,000 is unlikely to ever punish 0.3 BTC if the rate goes up.
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slashblood18 (OP)
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November 09, 2018, 09:36:45 AM |
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@carirezx20 are these asics are like the flash drives that is been plugged in to the Raspberry Pi? @nsummy How many rpis are needed for that? @RileyPeterson me neither but some of the comments are helpful. Just read them. @Ocaewin03 How much can we earn for that? @Alirallan99 any links for the rigs. @Womalith12 any links for the explanations. @Legoecia1 any information on where to get the USB bitcoin miner? @Valer4ik What is PTS by th way? Sorry for the late reply but really appreciated your answers ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Love this community
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astraleureka
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November 10, 2018, 01:34:12 AM |
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Just go buy some ASICs or GPUs. Forget the RPI.
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slashblood18 (OP)
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November 12, 2018, 01:52:28 PM |
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@astraleureka where to get some ASICs?
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huntingthesnark
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November 12, 2018, 05:14:42 PM |
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@astraleureka where to get some ASICs?
Dude. Research. http://lmgtfy.com/?q=cryptomining+asicsTell you what though - in order to make any decent revenue, you'll need to invest 'quite a lot', and it's relatively 'high risk' overall...
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leowonderful
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November 12, 2018, 06:11:46 PM |
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You can get miners direct from the retailer (e.g from Bitmain’s official site), or from third party sellers either new or used, like the Computer Hardware section on this forum. Make sure you use escrow when buying and selling miners on this forum to avoid any potential scams initially, and you’ll be set. Some people do not sell to newbies because there is still risk involved in dealing with newer members, but there is always someone that will sell to you there.
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