kenscho
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April 14, 2015, 12:03:31 PM |
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no chance dude ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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frankenmint
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April 14, 2015, 12:16:36 PM |
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IMHO OP is better off spending $1 per day or $30ish dollars pm on buying bitcoin and that's surely a much higher return overall.
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Chris_Sabian
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April 14, 2015, 02:10:14 PM |
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IMHO OP is better off spending $1 per day or $30ish dollars pm on buying bitcoin and that's surely a much higher return overall.
Good idea. It is better to buy $1 / day worth of btc or $5/ week instead of trying to mine with a cpu.
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lbeckm3
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April 15, 2015, 03:10:20 AM |
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Let's put it this way - you are at 2.2 mh/s with your CPU and gobbling electricity. You could buy a USB miner (block erupter) from eBay for $12 and do 335 mh/s (equivalent to having 152 of your computers hashing away!) and use WAY WAY less electricity doing it. Your lottery ticket just got many many times multiplied!! Still about a 0% chance overall, but with just the electricity you will save for that lottery ticket - you will thank me! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Good luck!
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ThomasCrowne
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April 15, 2015, 04:48:40 AM |
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Just did the math:
You would have exactly a 0.000000000082930% chance of hitting a block over a 1 year period running at 99.999% efficiency 24/7 (assuming difficulty remains static)
*And yeah, that's fraction of a single percent!
:-P
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DrG
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April 15, 2015, 05:49:41 AM |
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So my 486 DX2 66 is useless? I'm gonna kill myself now ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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lbeckm3
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April 15, 2015, 12:32:57 PM |
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So my 486 DX2 66 is useless? I'm gonna kill myself now ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) Oh no no, it's not useless at all - you can use it to prop open the door to the miner equipment room for better cooling!! Of course that is a waste of a pretty powerful machine, I've got some old 286's in the garage I could send you that can do the same thing. Of course the cases on those 286's are huge so it may slightly decrease your cooling ability due to the size and restricted airflow but... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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josef2000
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April 15, 2015, 03:39:09 PM |
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Nothing is impossible. If youre lucky you might find a block. Mining in a pool is useless for a cpu. If your computer is free and you dont need to use it, why not? But overloading a CPU damages it, so dont try to somehow overclock the cpu or give it a big work load for a long time span
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CoinTop
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April 19, 2015, 02:15:15 PM |
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I suggest not doing this as i left a oldish computer running for 2 months and gained 0 btc from this, was only testing it our myself with no luck only a electricity bill to pay.
Was around the same hash rate too.
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amerikansjc
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April 20, 2015, 01:25:33 AM Last edit: April 20, 2015, 01:42:32 AM by -ck |
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Just did the math:
You would have exactly a 0.000000000082930% chance of hitting a block over a 1 year period running at 99.999% efficiency 24/7 (assuming difficulty remains static)
*And yeah, that's fraction of a single percent!
:-P
What would the math be with 17th?
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trendax
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April 21, 2015, 10:48:01 AM |
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![Grin](https://bitcointalk.org/Smileys/default/grin.gif) cpu mining on bitcoin, this is a totally wasted gamble.. sell that junk old pc, rent a real miner and point it at ck's solo pool.
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Cinnob0n
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May 04, 2015, 08:35:48 AM |
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Even if you did mine a blocks after a few years, the power costs would end up wrecking you.
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jonnybravo0311
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May 04, 2015, 05:08:05 PM |
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Just did the math:
You would have exactly a 0.000000000082930% chance of hitting a block over a 1 year period running at 99.999% efficiency 24/7 (assuming difficulty remains static)
*And yeah, that's fraction of a single percent!
:-P
What would the math be with 17th? With 17TH/s you would expect to find a block in about 139 days with the current network difficulty.
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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PremiumCodeX
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May 04, 2015, 08:17:08 PM |
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You have the chance but since it is minimal I recommend searching a better solution. BTC mining has gone through a significant development since it was born and now there are some "new", effective possibilities as well as some fading ones and solo CPU mining is part of the last unless you have some kind of super computer. You always can play the lottery, though.
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alh
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May 05, 2015, 05:31:50 AM |
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Supercomputers aren't cheap to run. Just ask any Cray customer about their cooling and electric bill.
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PremiumCodeX
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May 05, 2015, 11:09:46 AM |
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Supercomputers aren't cheap to run. Just ask any Cray customer about their cooling and electric bill.
You have just mentioned some very important points there. Electric bill is one important factor to calculate in but in addition You need to care of proper cooling as well that also is a factor you are advised to keep on your mind while it is not a problem. A friend's computer flew away because he has not minded mining necessitated advanced cooling that in many cases were different than the cooling you were using for your current daily tasks on your computer.
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Kyle1836
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May 13, 2015, 12:55:49 AM |
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Solo mining, already puts you at a large loss, even with MANY GPU's, or even ASIC's. And mining Bitcoin, with your CPU, solo, is surely not going to make you any considerable amount of money. You're risking your CPU running at 100% 24/7 just to maybe make a cent every few days. It's simply not worth it, but it does seem as if you do have a good CPU so maybe you can mine some Altcoin's that are ASIC resistant.
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Unbelive
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June 09, 2015, 06:01:55 PM |
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hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?
Are you sure you want to do Solo Mining? Why don't you just mining in a Pool? It will be more effective I think. That is just 3 million years. I wonder if bitcoin will exist then. or better if life on Earth will exist.
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muhrohmat
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June 10, 2015, 10:34:40 AM |
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well mining with cpu its for btc very low porfit mining alt coin in pool wiht with cpu you heed to see if theres like some cpu good coin like frozen or soo i cant remebem much but frozen coin was cpu.
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eyeknock
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June 10, 2015, 11:18:44 AM |
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hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?
ofc there is always a change, the minimal possibility is always there, but you know, dont expect it, so if i was you i will quit that idea asap and try to made something more profitable with my cpu ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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