Darkseid456 (OP)
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August 04, 2018, 02:15:10 PM |
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Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you
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IVEXO
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August 04, 2018, 03:49:28 PM |
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Since you do not have a gpu yet Simply spend your time and participate in valuable airdrops and commendable bounty programs to get huge tokens then trade them for bitcoin to buy your mining set
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iamMhew
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August 04, 2018, 03:56:07 PM |
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Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you
With only a cpu, you cannot mined any coins, unless you have a anykind of gpu to start to. Mining a coins is not easy as you think, you need to have a good specs of pc or build a mining equiptment which is very expensive right now, it is either of this two, this both are spending alot of money to build up. So as long as you dont have gpu yet to be use, you cannot start mining.
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MoeKaloolon
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August 06, 2018, 01:48:30 PM |
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One of the most important things that you need for mining is the GPU and for now you only have a CPU. So that might be a set back. You could look for other ways to get funds for that cos that's is essential for your mining business. You could invest in coins now or participate in faucets and bounties, so when they yield profits, you could use your earnings to get the GPU.
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zeze18
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August 06, 2018, 01:58:44 PM |
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Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you
If you don't really have a big capital i suggest you just invest and not mining. Because mining is not all about you buying RIG, but you also need big money for paying it's monthly electricity bills
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torrantz
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Sovryn - Brings DeFi to Bitcoin
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August 06, 2018, 02:04:48 PM |
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Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you
There are some steps to make you sure you are not wasting for money for useless thing. 1 check the coin that make you interested to mine it 2 accumulting how many hash power that will you get through use your GPU 3 accumulating your profitability 4 take your conclusion about how long you will get back your ROI and always consider about the difficulty increase.
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passwordnow
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August 06, 2018, 02:07:46 PM |
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Welcome.
Is that a laptop or desktop? if its on a laptop I don't advise you to mine that. That depends on the algo of that coin, what if you chose to mine a coin that no one really use and there's no volume on exchanges? you're just wasting your time and electricity.
Also mining with CPU? that's not a good idea.
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BADBITCH
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August 06, 2018, 02:14:11 PM |
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My advice for you is to dedicate your time to focus on Airdrop and bounties In fact profitable bounty programs
There is a lot of advantages in learning on this forum too Don’t be left behind dude
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SparklesCoin
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August 06, 2018, 07:31:24 PM |
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Without GPU/ASICS mining other types of mining are not very profitable and also time consuming. So, I would not suggest you to try a cheaper way to mine coins as they can also harm you mining devices without even paying you good money.
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cryptoVinc5599
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August 06, 2018, 09:05:01 PM |
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With just a CPU, you can't be mined any coins, except if you have any kind of GPU to begin to. Mining coins will be difficult to mine in this specification, you need great specs of pc or manufacture a mining hardware which is exceptionally costly at the present time, So as long as you don't have GPU, you can't start mining.
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harrybell
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August 06, 2018, 09:36:09 PM |
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I think you can mining if you want. If you do not have a GPU, then you can spend more time and attend in various bounty programs and keep collecting coins. You start mining with your coins. BTCBTCBTC
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BitCoinGuy10
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August 06, 2018, 09:47:01 PM |
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It is impossible to mine without GPU in my knowldege. If you are really willing to mine then make sure to have the proper knowledge of mining as it is no that easy task to do.
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Gaggy185
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Adoption Blockchain e-Commerce to World
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August 06, 2018, 09:56:18 PM |
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A good CPU only is not enough to join mining at the moment . I think you need tons of good CPU. LOL. You should know that mining difficulty level is increasing very quickly day by day and price of whole crypto market is dumping so you should think carefully before making decision to join mining or not . IMO, you shouldn't but you still can get more knowledge about mining by taking a look at this section: https://bitcointalk.org/index.php?board=14.0
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AIGOAdoption Blockchain e-Commerce to World █ █ █ █ █ █ █ █..Find Us!:..
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Taiayam
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August 06, 2018, 10:10:48 PM |
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I think mining with a CPU is a bad choice because your CPU will not be damaged for a long time and if it continues for longer it will cause more serious damage than before
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BitcoinMaster555
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August 06, 2018, 10:16:21 PM |
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You can mine without GPU ofcourse but there is no benefit of mining without it. Mining is not that easy and without GPU things can get more complicated.
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bitfocus741
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August 06, 2018, 10:26:17 PM |
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You can not do mining with this configuration. You must need a gpu to do the mining so i think you try other things related to cryptocurrency.
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markluis
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August 06, 2018, 10:36:14 PM |
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As you don’t pay the gup tillnow. I think its best decision to spend your time and participate in valuable and commendable bounty program to get a lot of token. And trade tem to for bitcoin to purchase your mining set.
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blackmagic111
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August 06, 2018, 11:04:38 PM |
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Your computer won't be able to mine coins without a GPU. I think you can try airdrops or bounties so that you can buy a gpu for mining.
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stomachgrowls
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August 06, 2018, 11:07:34 PM |
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Hi I am new in mining I just need advice I have a core i5 4th gen CPU is it wise to mine a smaller coin to convert it for a bigger coin so I can exchange it for cash to buy a good GPU. I would appreciate good advice thank you
I have seen some shitcoins in the market that can potentially mine up with CPU but mostly I do know that coins are being mined with a Graphics card/GPU. The fact into these kind of mining activity is that it wont really give any potential returns to the miner itself because coins that can be mined thru CPU doesn't even guarantee that it do have reasonable market value and besides you are just ending up on busting out your own processing unit without any returns. So my advice is that better not to proceed with this activity.
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SaoAccel
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August 06, 2018, 11:19:38 PM |
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I recommend you to give more effort on doing bounties and participating in Airdrop so you will be able to earn for your GPU but then a single GPU is not that profitable so I think you'll still have to earn more before creating your mining rig so you can have funds to buy GPUs and other mining parts.
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