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Author Topic: can i still mine bitcoin with my graphics card ?  (Read 3053 times)
marshmellow (OP)
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June 22, 2017, 03:00:51 AM
 #1

hi all.,

i have pretty powerful PC , can i still mine bitcoins at home ?

cpu: amd fx 8350
mem : 16 gigs ddr3
gpu : NVIDIA GeForce GT 610


where can i get more information on how many bitcoins i can mine per month ?


or if i need new graphics card then which one is better ?

or i can mine any other coin and then exchange it with bitcoin.,

Thanks for your time.
sorry for too many questions.


BurstIncomeAsset
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June 22, 2017, 03:36:27 AM
 #2

you can, but I doubt you'll get anything with your mining
jambola2
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June 22, 2017, 03:37:49 AM
 #3

If you're looking at Bitcoin specifically, there is no way to profitably mine it, or even mine a few cents worth of Bitcoin with your normal PC. But you might be able to mine altcoins and convert them to BTC.

Your best way to check would be to try this software: https://minergate.com/

It automatically chooses the best altcoin to mine, and mines it.
I doubt you would earn more than ~10-20 cents a day mining, and the power cost will likely hugely offset any profit.

But it might be worth trying to sate your curiosity.


No longer active on bitcointalk, however, you can still reach me via PMs if needed.
HabBear
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June 22, 2017, 03:46:53 AM
 #4

There are some great resources to help you understand where the greatest return on mining investment can be achieved. It's not with Bitcoin, but you could make some good gains with an alternative crypto currency and then trade that let those mining rewards ride or trade them for Bitcoin or a more mainstream crypto currency.

Check out this site: https://www.coinwarz.com/cryptocurrency

You seem to know enough about how to fill out the profitability template, but there's also some general stats for several crypto currencies.
bones261
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June 22, 2017, 04:14:49 AM
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Best bet would be to rent your hash through Minerrentalrigs with a failover to Nicehash.
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June 22, 2017, 05:17:12 AM
 #6

If you're looking at Bitcoin specifically, there is no way to profitably mine it, or even mine a few cents worth of Bitcoin with your normal PC. But you might be able to mine altcoins and convert them to BTC.

Your best way to check would be to try this software: https://minergate.com/

It automatically chooses the best altcoin to mine, and mines it.
I doubt you would earn more than ~10-20 cents a day mining, and the power cost will likely hugely offset any profit.

But it might be worth trying to sate your curiosity.



MinerGate is Trojan.
Any proof ?
freeyourmind
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June 22, 2017, 06:19:22 AM
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Best bet would be to rent your hash through Minerrentalrigs with a failover to Nicehash.

Just started selling hash through Nicehash.  Are you recommending Minerrentalrigs over it for increased profitabilty vs. Nicehash?
Unacceptable
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June 22, 2017, 06:26:09 AM
 #8

Not mining anything with THAT video card  Cheesy

It is WAY outdated & too slow,you need at least an AMD 470/570 4gig or 8gig (7950 and 7970 do ok,but use alot of power) or Nvidia 1060/1070 3gig or 6 gig.

And yeah,bitcoin mining is over with ANY video cards  Sad

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June 22, 2017, 06:27:53 AM
 #9

Best bet would be to rent your hash through Minerrentalrigs with a failover to Nicehash.

Come on,its like buying mining shares,it's a no profit deal,unless you get a jump on a coin that will pump & you can dump  Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
Kray
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June 22, 2017, 06:36:43 AM
 #10

hi all.,

i have pretty powerful PC , can i still mine bitcoins at home ?

cpu: amd fx 8350
mem : 16 gigs ddr3
gpu : NVIDIA GeForce GT 610


where can i get more information on how many bitcoins i can mine per month ?


or if i need new graphics card then which one is better ?

or i can mine any other coin and then exchange it with bitcoin.,

Thanks for your time.
sorry for too many questions.




if question is "can i mine" the answer is yes you can, but if question is "is it profitable" so the answer is "No". you can test mine in a pool and get your hash rate, and then calculate your hashrate in coinwarz. Another option is mine monero with your gpu
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June 22, 2017, 07:35:47 AM
 #11

Yes indirectly, you can mine altcoins but get paid out with bitcoins via nicehash.

I have a gaming laptop (yes i know you shall not mine with laptops, but I wanted to know if nicehash is legit from my own exerience and I do not have a PC) with a GTX 980m, and mined with it for ~2 weeks and got ~30$ woth of btc as a payout.

Nicehash has a good calculator too https://www.nicehash.com/?p=calc

Not sure about your grapgic card but I think it´s too old, you might consider buying a GTX 1080ti, it has a ROI of 100 days

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June 22, 2017, 01:50:03 PM
Last edit: June 22, 2017, 11:31:03 PM by bones261
 #12

Best bet would be to rent your hash through Minerrentalrigs with a failover to Nicehash.

Just started selling hash through Nicehash.  Are you recommending Minerrentalrigs over it for increased profitabilty vs. Nicehash?

With Minerrentalrigs, you can set your own rate. So it could be more profitable. But you may have a lot of idle time, waiting for someone to rent your hash. It may be easier to just rent through nicehash, since they have the option to switch algo to most profitable.
fcaldas
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June 22, 2017, 02:27:37 PM
 #13

hi all.,

i have pretty powerful PC , can i still mine bitcoins at home ?

cpu: amd fx 8350
mem : 16 gigs ddr3
gpu : NVIDIA GeForce GT 610


where can i get more information on how many bitcoins i can mine per month ?


or if i need new graphics card then which one is better ?

or i can mine any other coin and then exchange it with bitcoin.,

Thanks for your time.
sorry for too many questions.




powerful computer!!! bahahaha!
freeyourmind
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June 22, 2017, 03:45:37 PM
 #14

Best bet would be to rent your hash through Minerrentalrigs with a failover to Nicehash.

Just started selling hash through Nicehash.  Are you recommending Minerrentalrigs over it for increased profitabilty vs. Nicehash?

With Minerrentalrigs, you can set your own rate. So it could be more profitable. But you may have a lot of idle time, waiting for someone to rent your hash. It may be easier to just rent through nicehash, since the have the option to switch algo to most profitable.

Gotcha thanks.  Yeah nicehash allocates hashing to what it considers to be the most profitable alt, which is nice in that it's self managed.
vogonpoetry
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June 22, 2017, 03:50:35 PM
 #15

>Powerful computer

>Geforce GT 610

Pick one
Vaccinus
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June 22, 2017, 04:01:33 PM
 #16

you don't mine bitcoin with graphic card you mine altcoin and dump for bitcoin, this is the what eveyrone do here, bitcoin can only be mined with expensive asic that will never roi or will be useless after roi

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June 22, 2017, 08:42:58 PM
 #17

hi all.,

i have pretty powerful PC , can i still mine bitcoins at home ?

cpu: amd fx 8350
mem : 16 gigs ddr3
gpu : NVIDIA GeForce GT 610


Sorry to say , but your pc is very outdated , and not powerful at all.
if you add some newer vga card , like RX480/470 or rx 580 or nvidia 1060 and up , your pc still not going to be very powerful PC , but you going to be able to mine some coins ( but not bitcoin ), and then exchange those coins to bitcoin . If this is what you want to do Smiley

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marshmellow (OP)
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June 23, 2017, 01:44:42 AM
 #18

you can, but I doubt you'll get anything with your mining

thanks , but what happens when btc hit 10k/20k .
so even if i mine 1 bitcoin in in a year., it will be worth more in future, but i get your point, thanks
Vann
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June 23, 2017, 01:48:30 AM
 #19

can i still mine bitcoin with my graphics card ?

Yes, if you find a good deal on a time machine back to 2012. Otherwise invest in an ASIC miner or just buy BTC.
marshmellow (OP)
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June 23, 2017, 02:19:57 AM
 #20

If you're looking at Bitcoin specifically, there is no way to profitably mine it, or even mine a few cents worth of Bitcoin with your normal PC. But you might be able to mine altcoins and convert them to BTC.

Your best way to check would be to try this software: https://minergate.com/

It automatically chooses the best altcoin to mine, and mines it.
I doubt you would earn more than ~10-20 cents a day mining, and the power cost will likely hugely offset any profit.

But it might be worth trying to sate your curiosity.






this looks great, thanks for the site, ill try it out. and if possible will uprade the graphics card..
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