solo mining with multibit

[gonny95]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

[b!z]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

It would probably be a better idea to setup Bitcoin-QT in server mode with the argument -server.

[-ck]

Modern bitcoin mining doesn't involve CPUs or GPUs, sorry, you're wasting your time.

[Zich]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

No need to run server mode if you want to solo mine. You can use solo pool like https://bitcointalk.org/index.php?topic=763510.0

[pooya87]

i highly doubt if you can earn anything at all mining BTC with your CPU or GPU. you have better luck mining altcoin that way.

[PaulPierce]

I don't mean to sound offensive or anything but don't mine with a cpu nor gpu, you will never get a block mining solo and you will never break even at all with a pool miner.

[ranlo]

I don't mean to sound offensive or anything but don't mine with a cpu nor gpu, you will never get a block mining solo and you will never break even at all with a pool miner.

This. Instead, look towards altcoins and pick something you like the premise of. Mine that, and then if you want bitcoins, simply trade them on an exchange. This will result in much more earnings than attempting to mine BTC itself.

[Amph]

waste of time end electricity, you need powerful asic nowadasy to mine bitcoin, mining with cpu is prehistoric

gpu also won't cut it

[flyingplows]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

CPU mining is over, you can try mining altcoins with GPU (because GPU is also over for btc), althought unless you have a lot of GPU's with special mounts and cooling its not worth to bother. The best option would be to buy some of Antminer S5, put them in the basement if you have (because of heat, noise etc.) and you can go there from time to time and be proud of the nice mining activity you got there
And ROI

p.s. mining puts a lot of stress on GPU, I wouldn't even try it on my shiny Nvidia Geforce GTX 980 

[wadili89]

please dont , in the end you are not gonna make anything with cpu or gpu you are just wasting your time , move to some ausis miner if you can afforde it

[greek8TC]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

CPU mining is over, you can try mining altcoins with GPU (because GPU is also over for btc), althought unless you have a lot of GPU's with special mounts and cooling its not worth to bother. The best option would be to buy some of Antminer S5, put them in the basement if you have (because of heat, noise etc.) and you can go there from time to time and be proud of the nice mining activity you got there
And ROI

p.s. mining puts a lot of stress on GPU, I wouldn't even try it on my shiny Nvidia Geforce GTX 980 

He could try mining altcoin which can't be mined with ASIC
Maybe there are altcoin like that

[ranlo]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

CPU mining is over, you can try mining altcoins with GPU (because GPU is also over for btc), althought unless you have a lot of GPU's with special mounts and cooling its not worth to bother. The best option would be to buy some of Antminer S5, put them in the basement if you have (because of heat, noise etc.) and you can go there from time to time and be proud of the nice mining activity you got there
And ROI

p.s. mining puts a lot of stress on GPU, I wouldn't even try it on my shiny Nvidia Geforce GTX 980 

He could try mining altcoin which can't be mined with ASIC
Maybe there are altcoin like that

There are a lot of them... but they aren't profitable. As far as I know, there are no GPU/CPU coins that will bring in more than they cost to mine. And that's not including their wear and tear on your system, which puts you further into the negatives.

[Lorenzo]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

CPU mining is over, you can try mining altcoins with GPU (because GPU is also over for btc), althought unless you have a lot of GPU's with special mounts and cooling its not worth to bother. The best option would be to buy some of Antminer S5, put them in the basement if you have (because of heat, noise etc.) and you can go there from time to time and be proud of the nice mining activity you got there
And ROI

p.s. mining puts a lot of stress on GPU, I wouldn't even try it on my shiny Nvidia Geforce GTX 980 

He could try mining altcoin which can't be mined with ASIC
Maybe there are altcoin like that

There are a lot of them... but they aren't profitable. As far as I know, there are no GPU/CPU coins that will bring in more than they cost to mine. And that's not including their wear and tear on your system, which puts you further into the negatives.

While this is usually true, it definitely isn't always the case. Back in late 2013, people mined dogecoins using their GPUs because scrypt ASICs hadn't been developed yet. Those who mined in the first couple of weeks made a huge profit when Dogecoin's market cap skyrocketed.

Another example was Darkcoin. For a few weeks, Darkcoin's market cap was very small and it was mined with GPUs. Then its market cap rose from $2.5 million to $65 million in the space of 50 days.

Mining altcoins can be very profitable but it's not easy to identify the profitable ones since most altcoins turn out to be duds.

[Agestorzrxx]

If you just for fun, you can try it, but don't  expect you can mining  anything.
The efficiency is to low too mine any bitcoin.
The best way to get bitcoin is using your money to buy it.

[Bitcoin_Mafia_Me]

CPU / GPU mining is pretty much a done deal, like everyone is saying. If you don't have the
funds to buy your own mining rigs, you can always rent hashing power whenever you feel
the urge to mine an altcoin. There are a number of sites out there that do that.

[techgeek]

Woulndt any solo mining wont achieve on getting any blocks to mine? since most pools already get the blocks due to the group performance?

You would have to match like penta hash for any blocks to mine if you were to do it on your own.

[Prelude]

As everyone has said, CPU/GPU mining is dead when it comes to mining. I'll take a step further and say it's just about dead for altcoin mining too.

[ranlo]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

CPU mining is over, you can try mining altcoins with GPU (because GPU is also over for btc), althought unless you have a lot of GPU's with special mounts and cooling its not worth to bother. The best option would be to buy some of Antminer S5, put them in the basement if you have (because of heat, noise etc.) and you can go there from time to time and be proud of the nice mining activity you got there
And ROI

p.s. mining puts a lot of stress on GPU, I wouldn't even try it on my shiny Nvidia Geforce GTX 980 

He could try mining altcoin which can't be mined with ASIC
Maybe there are altcoin like that

There are a lot of them... but they aren't profitable. As far as I know, there are no GPU/CPU coins that will bring in more than they cost to mine. And that's not including their wear and tear on your system, which puts you further into the negatives.

While this is usually true, it definitely isn't always the case. Back in late 2013, people mined dogecoins using their GPUs because scrypt ASICs hadn't been developed yet. Those who mined in the first couple of weeks made a huge profit when Dogecoin's market cap skyrocketed.

Another example was Darkcoin. For a few weeks, Darkcoin's market cap was very small and it was mined with GPUs. Then its market cap rose from $2.5 million to $65 million in the space of 50 days.

Mining altcoins can be very profitable but it's not easy to identify the profitable ones since most altcoins turn out to be duds.

You would have made a LOT more if you mined BTC and then used it to but DOGE. Or not mined at all and used the cost offset to buy into BTC and convert to DOGE.

[SirChiko]

(OS:Arch Linux)
Hi I'm new to bitcoin
I installed multibit as my bitcoin wallet yesterday and now I want to mine some coins.
I tried bitminter but my GPU doesn't seem to support OpenCL.
so... I decided to mine with cpuminer and it requires server but I don't know how to turn multibit into server mode.

It's not worth it anymore...go mine some altcoins with your GPU instread if you want to make few dollars.

[jonnybravo0311]

MultiBit is a lightweight wallet client, and will not support being the backend for mining operations.  You'll need to install the Bitcoin core software for that.

As has been mentioned numerous times in this thread, you're about 3 years too late to the party for anything other than ASIC mining of BTC.