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Author Topic: Are there coins suitable for CPU mining?  (Read 181 times)
drkirkby (OP)
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September 11, 2021, 01:18:50 AM
Merited by nc50lc (1)
 #1

I have a Dell 7920 workstation that has a pretty poor GPU - Nvidia Quadro P2200, with a hash rate of about 13.5 Mh/s. I'm currently using this to mine some Ethereum at 2minors.com, but only to learn the process, as it is uneconomic for me. Electricity costs in the UK are too high - only people stealing electricity, or having their own solar/wind generation, can making mining pay here.

Although the GPU in this Dell workstation is poor, the workstation has a large amount of RAM (384 GB), and a couple of 26-core CPUs, although the CPUs only run at 2.0 GHz. I would like to upgrade to some faster CPUs with more cores, but the faster CPUs with more cores are really expensive.

I'm wondering if there are any coins that are worth mining on a CPU.

Dave

adaseb
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September 11, 2021, 03:19:48 AM
 #2

Only one that I know is Monero. However that is generally only profitable with the high end Ryzen processors. If you put in your CPU in google and do something like "i3-4300 monero hashrate" you might get a benchmark.

However the issue you will run into is similar with ETH, your electricity is way too expensive to make it worthwhile. I bet that mining ETH on your GPU will be more profitable than mining monero on your CPU. Go to whattomine.com and put in your info there and you will get your estimated payouts and everything. You can also go to Nicehash and they have calculators there also.

CPU mining was always difficult and very competative. Only last good CPU mineable coin was maybe BTC about 10 years ago.

JayDDee
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September 11, 2021, 04:10:28 AM
 #3

I'm guessing their Xeons. They won't be any more electrically economical than the GPU, unless maybe
they're Icelakes. Otherwise they're too power hungry. Whether it's GPU or CPU mining you need the most
efficient tech and Intel CPUs buiilt on 14nm aren't it.

Another issue is scaling. One of either isn't going to be significant. GPUs are easier to scale as you can
put 6 or more in one system. You can't do that with CPUs.

But none of that matters if it's only "to learn the process". Almost any GPU or any CPU can be used for that.
You've got both so you can compare GPU mining vs CPU mining and learn even more. And you don't need
to buy any new hardware until you know more about the process and can make educated decisions.

Stanlo
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September 11, 2021, 08:43:43 AM
 #4

Monero mining isn't that profitable anymore, look into cryptonight coins I'm sure there are others that are more profitable to mine than Monero, even with higher end Xeon processors Monero isn't that profitable still due to change of algorithm from cryptonight algorithm
fmz89
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September 11, 2021, 10:48:13 AM
 #5

I have a Dell 7920 workstation that has a pretty poor GPU - Nvidia Quadro P2200, with a hash rate of about 13.5 Mh/s. I'm currently using this to mine some Ethereum at 2minors.com, but only to learn the process, as it is uneconomic for me. Electricity costs in the UK are too high - only people stealing electricity, or having their own solar/wind generation, can making mining pay here.

Although the GPU in this Dell workstation is poor, the workstation has a large amount of RAM (384 GB), and a couple of 26-core CPUs, although the CPUs only run at 2.0 GHz. I would like to upgrade to some faster CPUs with more cores, but the faster CPUs with more cores are really expensive.

I'm wondering if there are any coins that are worth mining on a CPU.

Dave


Nah & meh no profitable cpu mining these day with these cpu mining algo,
They crowded by. Malmware mining, and some duchess who had accesible to server rigs, that who dont own this thing, only stealing computing while they working

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HardCore12V
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September 11, 2021, 03:15:12 PM
 #6

I think PoW will fade as PoS continues to prove superior in scalability with higher transaction throughput. It is better to save money on GPU and CPU, I would recommend looking for PoS cryptocurrencies like DIVI that offers us Masternode with a really easy click or configuring Staking very easily to get 20% performance, the value of the coin is ideal, this year @Diviproject will surprise us with their new collaborations.
That's bullshit, PoW algorithm is better in scalability and I believe it's more secured than PoS algorithm, also algorithm isn't what determines the future of any projects, there are 100s of coins that are running on PoS algorithm even before ETH and they make no big difference anyways, to me ETH works better with PoW algorithm and if PoS algorithm is a must both PoW/PoS algorithm should be available on ETH chain

devil2man
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September 11, 2021, 03:26:10 PM
 #7

if your cpu is performing enough and i think yours is good you can get excellent results with mining, the best known for cpu mining is of course monero but you can also mine arqma, uplexa, turtlecoin, ninjacoin with profit
adaseb
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September 12, 2021, 03:38:40 AM
 #8

I think PoW will fade as PoS continues to prove superior in scalability with higher transaction throughput. It is better to save money on GPU and CPU, I would recommend looking for PoS cryptocurrencies like DIVI that offers us Masternode with a really easy click or configuring Staking very easily to get 20% performance, the value of the coin is ideal, this year @Diviproject will surprise us with their new collaborations.

Im not going to get too much into the details between POW and POS however staking is not that easy or risk free as most people assume. If you take coins with Masternodes you first need to own a specific amount of that coin to be able to stake. For example if you choose the largest Masternode of all which is Dashcoin you will need 1000 DASH to be able to run a self hosted node.

Right now the price is $200 each, so you will need over $200,000 to be able to stake it. Sure you can stake with a smaller amount using a service however keep in mind there is a counterparty risk there because you have no idea if you can trust them or not.

Another issue is you get paid in the underlying coin such as DASH, not USD. So if the value of DASH goes down, you will end up making less money. DASH might be more stable than some of the other smaller cap masternodes out there however its still very volatile.

mindrust
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September 12, 2021, 03:46:31 AM
 #9

CPU mining is overtaken by the botnets. Your 1 CPU, no matter how many cores it has, won't make you much money.

If you want to make money on CPU-mining, learn to code and write programs that contain hidden trojans which'll use the hosts CPU power and send it to you. That's the smartest approach when it comes to CPU-mining.

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JayDDee
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September 12, 2021, 04:14:02 AM
 #10

CPU mining is overtaken by the botnets. Your 1 CPU, no matter how many cores it has, won't make you much money.

If you want to make money on CPU-mining, learn to code and write programs that contain hidden trojans which'll use the hosts CPU power and send it to you. That's the smartest approach when it comes to CPU-mining.

I'm not convinced bot mining is still that pervasive. Most people will notice their CPU getting hot either from the fan
noise of a desktops or fast battery discharge on laptops. Most AV flag all miners as malware, even if they're not trojans.
Most people are conditioned to believe all miners are malware because mainstream media covered bot mning.

Once in a while some newbie will post looking for a background miner, It's usually a red flag they want to hide
their activities.

"Browser mining" is often a euphemism for trojan mining where the browser runs a javascript miner downloaded by
the web server. Some web sites disclose this and consider it their "fee" for visiting the site. It's not a trojan if it's
disclosed and the user agrees.

"Cell phone mining" is another scam and is often not mining at all. What they do is click on revenue generating links that
pay for unique visitors, like getting people to click on your youtube vids. It works like a DDOS but generates revenue for
the target instead of denying it service.

I'm sure many cloud computing services mine for themselves during times of low customer load. It would include
supercomputers GPU mining. That would look like bot mining.

mindrust
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September 12, 2021, 06:32:39 AM
 #11

I'm not convinced bot mining is still that pervasive. Most people will notice their CPU getting hot either from the fan
noise of a desktops or fast battery discharge on laptops. Most AV flag all miners as malware, even if they're not trojans.
Most people are conditioned to believe all miners are malware because mainstream media covered bot mning.

Most people don't even use any ad-block extensions let alone AV programs. They'll hear the fan noise only if you be too greedy. I am not trying to turn the OP into a criminal anyway, I am pointing out that CPU mining is a waste of time. Actually mining in general is usually a waste of time. The best way to make money from mining is stealing someone else's electricity.

Whether it is using botnets, using tesla charging stations or starbucks power outlets, it is always the same.


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Ultegra134
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September 12, 2021, 07:14:53 AM
 #12

You could potentially earn some money if you'd opt for GPU mining, but CPU? A total waste of time and money, you'll generate more heat and consume more energy than the money you'll make.

Even GPU mining is unprofitable for the average Joe, let alone CPU. You'll just end up straining your PC components.

R


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SerbianFarm
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September 12, 2021, 11:37:24 AM
 #13

I have a Dell 7920 workstation that has a pretty poor GPU - Nvidia Quadro P2200, with a hash rate of about 13.5 Mh/s. I'm currently using this to mine some Ethereum at 2minors.com, but only to learn the process, as it is uneconomic for me. Electricity costs in the UK are too high - only people stealing electricity, or having their own solar/wind generation, can making mining pay here.

Although the GPU in this Dell workstation is poor, the workstation has a large amount of RAM (384 GB), and a couple of 26-core CPUs, although the CPUs only run at 2.0 GHz. I would like to upgrade to some faster CPUs with more cores, but the faster CPUs with more cores are really expensive.

I'm wondering if there are any coins that are worth mining on a CPU.

Dave



To answer to your question :

Name   Algo   
ARQ           rx/arq   
BLOC   cn-heavy/xhv   
DERO   astrobwt
GRFT   rx/graft   
IRD           cn-pico/trtl   
LTHN   cn/r   
MSR           cn/half   
TRTL   argon2/chukwav2   
TUBE   c29b   
XHV          cn-heavy/xhv   
XLA          panthera   
XMR   rx/0   
XMV   c29v   
XTNC   c29s   
XWP   c29s   
FP91G
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September 13, 2021, 11:38:39 AM
 #14

Find your processors in this list.
If you can't find your processors, then look for similar models.
https://monerobenchmarks.info/
There is a lot of competition in mining, and therefore you need to invest in modern equipment. Old computer hardware won't give you much profit.
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September 14, 2021, 03:44:23 AM
 #15

I tried but it makes my computer lag.. hahaha.. Monero and BTC maybe.. I used Nicehash for mining though.
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