Bitcoin Forum
November 07, 2024, 09:38:00 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Waste of Time?  (Read 707 times)
qritz (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0



View Profile WWW
May 20, 2013, 03:26:35 PM
Last edit: May 20, 2013, 03:50:40 PM by qritz
 #1

If power consumption isn't an issue, is it worth my time to power up an old laptop and have it CPU mining? It's only like 5 years old so it's not a great CPU.

The laptop is pretty much dead to me anyway so I don't mind if it's quickly killed by the process.

**Edit/Conclusion: Not worth it**
BitcoinBoss
Sr. Member
****
Offline Offline

Activity: 404
Merit: 250



View Profile WWW
May 20, 2013, 03:34:16 PM
 #2

Not worth your while for BTC but if energy isn't an issue and your not worried about burning out your laptop then maybe pool mining LTC is an option. Don't expect to get rich though. Wink

FREE BITCOIN ! ---> FreeBitco.in (Faucet + Multiplier) <--- FREE BITCOIN !
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
May 20, 2013, 03:34:28 PM
 #3

Waste of energy at least, I don't like when people think it's "just for free", because their parents pay it or whatever.
Unless it's a renewable energy source of course.
bozak
Full Member
***
Offline Offline

Activity: 120
Merit: 100


View Profile
May 20, 2013, 03:34:37 PM
 #4

If power consumption isn't an issue, is it worth my time to power up an old laptop and have it CPU mining? It's only like 5 years old so it's not a great CPU.

The laptop is pretty much dead to me anyway so I don't mind if it's quickly killed by the process.

Still not worth the time.  You can measure the hash rate after you install a bitcoin client, but then you will see that it will take years to generate a BTC with a CPU.  
gwoplock
Full Member
***
Offline Offline

Activity: 169
Merit: 100



View Profile
May 20, 2013, 03:37:45 PM
 #5

If power consumption isn't an issue, is it worth my time to power up an old laptop and have it CPU mining? It's only like 5 years old so it's not a great CPU.

The laptop is pretty much dead to me anyway so I don't mind if it's quickly killed by the process.

if you have free electricity and free or hardware that you use in other places or old hardware then you can always befit. that being said you will not have a very efficient rig and wont get much money but if you don't care then have fun.
CryptoJunky
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile WWW
May 20, 2013, 03:40:23 PM
 #6

If power consumption isn't an issue, is it worth my time to power up an old laptop and have it CPU mining? It's only like 5 years old so it's not a great CPU.

The laptop is pretty much dead to me anyway so I don't mind if it's quickly killed by the process.

Probably not worth your time/effort if you're looking at it in a fiscal sense. If you're just looking to experiment/play around it might be a place to start. You won't make money off of it, but you might learn something about Bitcoin mining and Bitcoin in general.

kodo
Newbie
*
Offline Offline

Activity: 42
Merit: 0



View Profile
May 20, 2013, 03:41:04 PM
 #7

Yea waste of powermoney to
AzureEngineer
Member
**
Offline Offline

Activity: 98
Merit: 10



View Profile
May 20, 2013, 03:49:13 PM
 #8

Electricity is never free. Someone along the line is paying for it and you have no right to waste their money.

My name was simply a play on "Blue Engineer" from Team Fortress. I am not affiliated with Microsoft or the Azure project.
qritz (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0



View Profile WWW
May 20, 2013, 03:50:07 PM
 #9

Ok cool, thanks. That's probably as close to a consensus as the internet can provide.
yvv
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000

.


View Profile WWW
May 20, 2013, 03:55:00 PM
 #10

Waste of energy at least, I don't like when people think it's "just for free", because their parents pay it or whatever.
Unless it's a renewable energy source of course.

I like how people use to mistakenly equate renewable and free.

.
pedromtorres
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
May 20, 2013, 03:59:39 PM
 #11

the thing is... is you buy one of those boards for 200/300$ with 2-4GHs, you would get return of your money in less than one month?
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
May 20, 2013, 04:14:04 PM
Last edit: May 20, 2013, 04:34:08 PM by Birdy
 #12

Waste of energy at least, I don't like when people think it's "just for free", because their parents pay it or whatever.
Unless it's a renewable energy source of course.

I like how people use to mistakenly equate renewable and free.

I know it's still not free, because you still have to create the solar panels or whatever to harvest the energy.
But it's at least less of a waste.
Once the e.g. solar panels have created more energy than work/energy is used to create them + the work needed to recycle them, then you can call it "free energy".

But yes, shouldn't have it expressed this way, my bad.
BlkGalager
Newbie
*
Offline Offline

Activity: 14
Merit: 0



View Profile
May 20, 2013, 07:45:09 PM
 #13

Don't waste your time mining, the amount of money for the CPU plus the electrical usage is not worth it...
umairsaleem012
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile WWW
May 20, 2013, 07:57:46 PM
 #14

I think its a waste of time.
mhm83
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
May 20, 2013, 07:58:24 PM
 #15

110+ days to solomine an abscure altcoin..no thanks
Extra99
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile WWW
May 20, 2013, 08:06:26 PM
 #16

You will propably get something like 5 mega-hashes / sec. I have already tried with an old computer.

You can :
  • Mine for 5 years with your laptop, win 50$
  • Sell the laptop 50$

Same result, no wait Shocked
kodo
Newbie
*
Offline Offline

Activity: 42
Merit: 0



View Profile
May 20, 2013, 09:05:17 PM
 #17

Not a waste if time imo
vintosalgos223
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
May 20, 2013, 09:26:24 PM
 #18

It all comes down to if your paying for the electricity or not. Tongue
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!