I actually got 2 old computers(that are way worse than laptop) But they dont really start up. So in order to buy them new things to make them work again it would be a huge investment for me(i am only 19 without a job currently).
Should i use My laptop..? my friend told me that its a bad idea because it wont mine enough btc and its just not worth.
my laptop has these
8Gb Ram
Intel(R) Core(TM) i7-4510U CPU @ 2.00GHz 2.60 GHz
64 bit...?
I am not an expert at this tbh . Any opinion/reply will be appreciated !! Thanks a lot
After reading thru this thread it would appear that many don't know their hiney from a hole in the ground about CPU mining. The correct answer is YES you can use your laptop to mine however, that does not mean you should join a Bitcoin mining pool. You will need to concentrate on CPU mineable coins and algorithms only and trade those for Bitcoin at an exchange. Example algos: HODL, Yesscrypt, Argon2d and spin offs, and a few more. Mine CPU only coins and you can profit. Of course you can mine some of the cryptonight algos and neoscrypt BUT, you will be competing against GPU cards and ASICs, so stick to competing with other CPU miners instead.
Your hardware determines which algo works best for you, so let's start by looking at your i7-4510U cpu. It's a 15 watt CPU that supports all the required instruction sets to mine HODL, ROI, Unitus and other CPU coins very well. That particular i7 supports the AVX2 instruction set which is great. There are CPU miner programs that take advantage of AVX, AVX2, SSE,SSE3, SSE4.2, AES, and a few other CPU instruction sets, your CPU supports all of them. For mining software I'd start with a google search for "cpuminer-opt-3.8.8.1-windows" and use the program's AVX2 start exe file for most CPU coins. Your CPU will probably also do around 130+ H/s mining Cryptonight Heavy, but it's a GPU coin so you'll be competing with them.
Cooling can be an issue for older laptops so make sure you have cleaned out the cooling vents with an air duster so everything is clear for good airflow. A $20 cooling pad for it to sit on is also a good idea but not required. The algo you choose will also determine how much electricity used and how much heat the CPU will put out. This is an important consideration. HODL algos like ROI coin run warmer than Argon2d like Unitus Coin. You'll also notice a much higher hashrate on Argon2d algos as well using the AVX2.exe start file. The coin you choose depends largely on your CPU supported instruction sets so you have a choice of any of the CPU coins as your i7-4510U has the required instruction sets for all of them.
Forget about solo mining. Join a pool. Solo mining only works for brand new coins over the first few thousand blocks, it becomes almost impossible to get a solo block briefly after the coin goes live. Suprnova pool has few CPU coins like ROI, HODL etc. That's where I'd start.
Mining is all about return vs cost of electricity. Your 15 watt i7-4510U is not gonna pull much electricity while mining so you should be in the green already. I wouldn't run out and buy brand new laptops for mining mind you, but mining is a perfect application and use for older equipment that was just sitting in the corner.
The same guys that are losing $2+ a day mining with a S9 Antminer will try to tell you not to CPU mine. LMAO, sure you may not get rich overnight mining CPU coins but you certainly aren't in the negative as they already are..........The main thing to remember and consider is to stick with CPU coins only and you'll be in the green.
If you need any help with start batch files or anything else, just message me and I'll be glad to help. I don't claim to be an expert but I do make a profit mining CPU coins.
Chris B.
