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Author Topic: What and how should I mine?  (Read 802 times)
ncoin (OP)
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July 24, 2017, 06:45:43 AM
 #1

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871
mocacinno
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July 24, 2017, 06:51:45 AM
 #2

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871

Usually, i'd say it was best to mine some altcoins using your GPU, but looking at that screenshot, it looks like it's a GPU that's embedded on your motherboard.
Your best shot might be to mine CPU-only altcoins, altough i wouldn't expect much profit from them.

If i were you, i'd close this topic, and open a new one in the altcoin mining subforum, specifically asking which altcoin you can mine with an i3. Expect very little profits, expect huge power draw, expect possibly shortened lifespan from your hardware (untested)

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skmr
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July 24, 2017, 07:10:29 AM
 #3

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871

You have onboard GPU, mining will burn the board.

you can mine with cpu though, but it is very difficult to see any significant returns.

what you can do is, go to minergate.com

download gui and run the miner. Select altcoins and note the hashrate. Now multiply with pc units you have. That is your total hash. Goto the minergate calculator on site and see how much you can make with this hashrate.

Good luck
GabryRox
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July 24, 2017, 07:18:48 AM
 #4

agree with the minergate recommendation as that is the easiest "miner" for beginners to get started in the mining scene with (did it myself that way). It's all GUI based so you don't have to mess with .bat files, running from DOS prompts, etc.

I would suspect that Monero (XMR) is going to be your best bet. I run that sometimes on my i7 machines and get reasonable results (like about 200-300 mh/s). Certainly, the i3s wont do that much but if you have 20 of them with free power, i would be willing to bet you could do ok, especially if XMR continues to rise.  The one downside for that i3 is that it only has 3MB of cache, and that is a very important piece of CPU mining XMR. Still, if you get even get 80-100 mh/s per machine, you would be talking about the equivalent of 4-5 good GPUs, so you would be making a decent amount, especially with free power.
Undefined31415
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July 24, 2017, 07:21:06 AM
 #5

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871

If you are brand-new to mining, NiceHash has a benchmark utility that will help determine what algorithm is best for your hardware, and the Windows mining client automatically switches to the "best" currency to mine. Payouts are all converted to Bitcoin. Don't expect to reach the minimum payout threshold very quickly, however.

As Mocacinno said above, don't expect huge proceeds from this, especially if you're only CPU mining (those integrated graphics aren't going to help you). If you have free power though, you may as well mine if you have no better use for so many PCs. (Although, if you have no better use, I'd have to wonder if you should just try to sell them and buy coins using those funds.)

Your hardware may or may not suffer significantly from this. Pegging your CPUs 24/7 puts more strain on your systems, so it's up to you if that risk is worth it. I personally don't think mining on laptops (I assume?) is a good idea, but it's your call. Laptops were definitely not meant to be pegged 24/7, but you might be able to figure out a cooling solution by messing with the cases.

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DeepOnion
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skmr
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July 24, 2017, 07:46:42 AM
 #6

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871

If you are brand-new to mining, NiceHash has a benchmark utility that will help determine what algorithm is best for your hardware, and the Windows mining client automatically switches to the "best" currency to mine. Payouts are all converted to Bitcoin. Don't expect to reach the minimum payout threshold very quickly, however.

As Mocacinno said above, don't expect huge proceeds from this, especially if you're only CPU mining (those integrated graphics aren't going to help you). If you have free power though, you may as well mine if you have no better use for so many PCs. (Although, if you have no better use, I'd have to wonder if you should just try to sell them and buy coins using those funds.)

Your hardware may or may not suffer significantly from this. Pegging your CPUs 24/7 puts more strain on your systems, so it's up to you if that risk is worth it. I personally don't think mining on laptops (I assume?) is a good idea, but it's your call. Laptops were definitely not meant to be pegged 24/7, but you might be able to figure out a cooling solution by messing with the cases.

I agree with this, sell and buy some crypto Smiley
fullypak
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July 24, 2017, 11:58:53 AM
 #7

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871

You have onboard GPU, mining will burn the board.

you can mine with cpu though, but it is very difficult to see any significant returns.

what you can do is, go to minergate.com

download gui and run the miner. Select altcoins and note the hashrate. Now multiply with pc units you have. That is your total hash. Goto the minergate calculator on site and see how much you can make with this hashrate.

Good luck
Yes it is on board GPU. you will not get access to mine GPU you must use CPU mining. i personally had experience in CPU mining this is not worth to mine. yes, the returns are very less, and you will lose your system very quickly. Don't think only about free electricity think about your what system you are going to use. For CPU mining I think you don't need more electricity. You can invest some money and setup GPU mining then this free power will help you to earn 10 to 15% profit. 
Ayers
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July 24, 2017, 01:45:14 PM
 #8

-I have access to free electricity and a couple dozen Windows pc units. I'll post the specs at the end.
-What I want to know is, what is the easiest or most profitable cryptocurrency to mine?
-I do not have any money to buy any extra equipment or do any upgrades.
-Please point me to a guide on how to mine whatever you suggest.
SPECS.
CPU: i3-3110M 2.40GHz
Ram: 4GB
GPU: https://ribletjorb.tumblr.com/image/163358130871

you can't mine with that, to ancient, you need to buy either a 500 series from amd or the new professional gpu from amd, or a new nvidia like 1060 or 1070, 1070 si very expensive now because there is a shortage, perhaps go to 1060 or even 1050

toygg
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July 24, 2017, 01:48:15 PM
 #9

I suggest that u mine some CPU based altcoins with that i3 processor of yours since that iGPU cant really be used to mine any GPU coin efficiently. I guess your your best bet is with Hodlcoin. The current price is 218 satoshi and u could mine a shit ton of it easily. Since u have accehttps://bitcointalk.org/index.php?board=160.0ss to free electricity, u would profit no matter wat. It is just a matter of how much.
grchina
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July 24, 2017, 03:28:09 PM
 #10

You can mine lazy coin and you mine it by sitting on your ass.On serious note your hardware is to old to make any profit,but if you have free unlimited power you could rent it to another miner
toygg
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July 29, 2017, 08:44:25 AM
 #11

You can mine lazy coin and you mine it by sitting on your ass.On serious note your hardware is to old to make any profit,but if you have free unlimited power you could rent it to another miner

Thanks for reminding me about Nicehash. TS could use Nicehash mining pool. U could rent out ur mining power. Sellers are paid on Pay Per Share(PPS) system. You can estimate your earnings by looking a the 24h average payouts rate (see 24h Payouts column at the home page) indicating the average payouts for the past 24h. Assuming u have free electricity, u will earn a small amount every day.  I hope u r not using a VPS since they will banned anyone who is constantly using 100% of the CPU.
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July 31, 2017, 09:59:24 PM
 #12

lel, another "techie janitor"....

RTFF && RTFM...
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