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Author Topic: Does CPU mining contribute anything to bitcoin network or economy?  (Read 3681 times)
Crypt0Gore
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March 27, 2024, 05:11:31 PM
 #21

Get rich or die trying  Cheesy Cheesy Cheesy

Once upon a time, you could mine BTC using a Pentium 4 CPU but man, even an s19 Asic miner can't solve you a block today through solo mining, how powerful is your PC vs an S19? The last time I checked not even the highest-end CPU can mine Bitcoin today.

If you have any high-end CPU right now, it's better to find a CPU with minable coins, I believe that Ryzen threadripper can net you $30 per month, I found this out from a friend who is also into alt mining, but I don't have an interest.

It's better to buy an Asic miner and going a Bitcoin mining pool, you will get paid every time a block gets solved and you won't be the only worker trying to solve a block, don't waste your time.

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pawel7777
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March 27, 2024, 10:16:07 PM
 #22

GPU mining wont contribute anything to the BTC network. However if you want to make profit by mining there are other coins that might be profitable. Check out whattomine.com or use nicehash for auto switch for maximum profitability.

You replied to a topic from 2011 and even back then they already knew that CPU/GPU is not profitable.
No need to necropost unless there's a justified reason for digging up old topics.

There are some good arguments there though from different angles.



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nakamura12
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March 29, 2024, 06:45:14 PM
 #23

Get rich or die trying  Cheesy Cheesy Cheesy

Once upon a time, you could mine BTC using a Pentium 4 CPU but man, even an s19 Asic miner can't solve you a block today through solo mining, how powerful is your PC vs an S19? The last time I checked not even the highest-end CPU can mine Bitcoin today.

If you have any high-end CPU right now, it's better to find a CPU with minable coins, I believe that Ryzen threadripper can net you $30 per month, I found this out from a friend who is also into alt mining, but I don't have an interest.

It's better to buy an Asic miner and going a Bitcoin mining pool, you will get paid every time a block gets solved and you won't be the only worker trying to solve a block, don't waste your time.
As pawel7777 explained to other forum member that this is an old post on 2011. It's basically you also reply to OP posting about if you can also contribute to the Bitcoin by using GPU mining. I would also say that it is but it's entirely different when you are using a mining rig which have more computing power which you can mine a block and receive reward although if the purpose is to have more hash rate then it's fine in my opinion.

Nakamura12 Sig Space and Avatar 4 Rent
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