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Author Topic: How to get profit when have PC is idle and unused in home  (Read 205 times)
Sarah Azhari (OP)
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September 22, 2023, 03:36:53 AM
 #1

So what should I do to earn profit when have a PC not used and lying idle in my home?. I have armagedon 29' monitor, core i5 9 generation, 16 GB Ram and GPU 1030 GTX 2GB. I actually intend to mining, but I don't know what coins I can mine with my PC specification. It's clear enough make me lose when mining Bitcoin or top coin market cap. 

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September 22, 2023, 04:10:36 AM
Last edit: September 22, 2023, 12:24:59 PM by Mia Chloe
 #2

So what should I do to earn profit when have a PC not used and lying idle in my home?. I have armagedon 29' monitor, core i5 9 generation, 16 GB Ram and GPU 1030 GTX 2GB. I actually intend to mining, but I don't know what coins I can mine with my PC specification. It's clear enough make me lose when mining Bitcoin or top coin market cap.  
From the specification of the computer I don't think it will be profitable to mine Bitcoin on the computer since the computation is low.however you can consider mining ETH,LTC,or XMR as they they demand lesser computation power.If you insist on mining BTC you can get a computer mining set up with better computation power  and don't forget to consider the electrical cost in your locality before venturing mining as it is very power consuming.
You can still use the computer as an air gapped hardware wallet too.

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September 22, 2023, 05:08:28 AM
Last edit: September 22, 2023, 05:22:06 AM by Findingnemo
Merited by pooya87 (3), ABCbits (3)
 #3

It's clear enough make me lose when mining Bitcoin or top coin market cap.  
You can't mine Bitcoin with GPU anymore, it can be done only via ASICs.

So what should I do to earn profit when have a PC not used and lying idle in my home?. I have armagedon 29' monitor, core i5 9 generation, 16 GB Ram and GPU 1030 GTX 2GB. I actually intend to mining, but I don't know what coins I can mine with my PC specification.

Even if you want to mine altcoins which has any worth it can't be done with your GPU hash power you need multiple powerful GPUs which is decent enough to mine coin like ETC or something and I used some mining calculator which gave me an estimation of GT 1030 can generate more than 2.22 USD monthly income with a 8.67 MH/s hashrate on the RVN - KawPow (NBMiner) algorithm.

This means better not to mine at all with your machine, or you are just risking your hardware to wreck merely for nothing.



however you can consider mining ETH.
No one can mine ETH anymore since  Ethereum (ETH) has transitioned from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism as a part of its Ethereum 2.0 upgrade which happened in 2022.

If you insist on mining BTC you can get a computer with better computation power  and don't forget to consider the electrical cost in your locality before venturing mining as it is very power consuming.


Mining BTC with GPU and CPU years are over a very long time and even with ASICs its highly difficult to make profits with the current mining difficulty of the BTC network.

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September 22, 2023, 05:25:11 AM
 #4

From the specification of the computer I don't think it will be profitable to mine Bitcoin on the computer since the computation is low.however you can consider mining ETH
-snip-

Is ETH mining still a thing? forgive me if I'm wrong, but afaik ETH became POS long time ago and mining is not possible anymore. On the other hand, your comment about mining Bitcoin with a GPU doesn't seem too accurate either (you "don't think" it will be profitable, or it is ages since it is clearly not profitable?).

I don't want to sound rude, I encourage the participation of new members even if they don't know too much about the topics (to participate is a way to learn), but in topics like mining, which I don't control either, we should let other members in this forum, who are real experts on such matter, answer.

-snip-
You can still use the computer as an air gapped hardware wallet too.

That's a good point, however Wink although a little luxury for those specs.

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UchihaSarada
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September 22, 2023, 06:19:09 AM
 #5

Don't use your PC to mine cryptocurrency, it will be burnt very quickly and mining with PC is not profitable.

It costs you more money to buy a new PC or replace some hardware equipment for that PC and one more risk, by using some mining softwares, your PC can be infected with trojan, malware, virus and hackers can steal your cryptocurrency stored on that PC.

Just don't try to find small profit and lose bigger capital.

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September 22, 2023, 06:28:37 AM
 #6

So what should I do to earn profit when have a PC not used and lying idle in my home?. I have armagedon 29' monitor, core i5 9 generation, 16 GB Ram and GPU 1030 GTX 2GB. I actually intend to mining, but I don't know what coins I can mine with my PC specification. It's clear enough make me lose when mining Bitcoin or top coin market cap. 
I guess many said it here already that with your current specifications, you can't mine... or you can but you will not be profitable, and your computer might be at risk as well.

TBH, I don't know if there's any other way for you to earn money in crypto while your computer is on idle mode. As for me, my computer is always in idle mode, and I'm earning still from it, but the twist is, I'm not mining crypto, or it wasn't related to cryptocurrency at all. As a gamer, I've been hired by my guildmates to pilot their account in exchange for money. Well, it isn't crypto related, but at least I'm still earning while my computer is on idle mode.

Forget about mining already, and can I ask you OP why your computer is unused. I mean you can still earn using it, but in different way right?

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September 22, 2023, 06:42:59 AM
 #7

however you can consider mining ETH,LTC,or XMR as they they demand lesser computation power.

ETH is unnminalbe for a year, LTC is a waste of time with GPU, XMR would yield pennies

If you insist on mining BTC you can get a computer with better computation power  and don't forget to consider the electrical cost in your locality before venturing mining as it is very power consuming.

There is no computer for sale in this world that can mine Bitcoin at a profit!
Stop giving advice when you know absolutely nothing about mining, you're just just going to ake some poor guy waste his time and money with it.

Don't use your PC to mine cryptocurrency, it will be burnt very quickly and mining with PC is not profitable.

Common, there is no such thing, let's not go to the other extremes right now!
Computers don't burn out like 100 years over left alone, all of them have protections, and they will shut down once overheat, I have a 10 years computer at home right now still open and I've been traveling for a month and it's still doing fine, sometimes even standing for hours at 100% load as it has daily task s to run and I never thought of it crashing let alone burning!

Anyhow:
Quote
So what should I do to earn profit when have a PC not used and lying idle in my home?.

Sell it and start a business!
You're actually losing money as that computer depreciates and you'll be selling it for scrap in two to three years.
Already that GPU is almost useless for anyone trying to build anything else other than a computer for watching youtube and sending emails, and for those guys a built-in video recording is just as good.


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September 22, 2023, 02:04:00 PM
 #8

I don't know if it's real or fake. But this is what I got after doing a little research.

Code:
https://millennialmoney.com/get-paid-to-leave-your-computer-running/

You can check it by yourself for the truth. You can search for the others.
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September 22, 2023, 02:20:24 PM
 #9

So what should I do to earn profit when have a PC not used and lying idle in my home?
If you don't plan to use that PC at all in a foreseeable future one of the option could be selling it and buying some bitcoin, preferably as soon as possible as its value gonna keep decreasing. And please, forget about mining anything on that PC as its already quite oudated.


As a gamer, I've been hired by my guildmates to pilot their account in exchange for money. Well, it isn't crypto related, but at least I'm still earning while my computer is on idle mode.
How exactly are you piloting if your PC is in the idle mode? You mean you are using bots or something? I mean, to "pilot" someone else's account, you actually have to play with it, right?

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September 22, 2023, 02:51:25 PM
Merited by ABCbits (1)
 #10

I don't know if it's real or fake. But this is what I got after doing a little research.
Code:
https://millennialmoney.com/get-paid-to-leave-your-computer-running/

Research is actually checking those claims so let's go with the first one

Quote
If you have a powerful gaming PC, you can bring in roughly $95 each month according to Kryptex.
A mining rig with an Intel Celeron G3930 processor and 8X AMD RX 5700 GPU mining rig will generate about $615 per month.

we go to kryptex earning estimator page and :
https://www.kryptex.com/en/best-gpus-for-mining
RX 5700  $5.27  PER MONTH

Op has a GPU 1030 GTX 2GB which is not even listed so looking at the last one, a GTX 1050 Ti it makes $0.93 a month!
So if he could sell it for $20 he would make more than in three years of mining, not including energy!



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September 22, 2023, 04:25:41 PM
 #11

I don't know if it's real or fake. But this is what I got after doing a little research.
Code:
https://millennialmoney.com/get-paid-to-leave-your-computer-running/

Research is actually checking those claims so let's go with the first one

Quote
If you have a powerful gaming PC, you can bring in roughly $95 each month according to Kryptex.
A mining rig with an Intel Celeron G3930 processor and 8X AMD RX 5700 GPU mining rig will generate about $615 per month.

we go to kryptex earning estimator page and :
https://www.kryptex.com/en/best-gpus-for-mining
RX 5700  $5.27  PER MONTH

Op has a GPU 1030 GTX 2GB which is not even listed so looking at the last one, a GTX 1050 Ti it makes $0.93 a month!
So if he could sell it for $20 he would make more than in three years of mining, not including energy!
So its useless..hmm..

Unless @OP buys a new GPU, that isn't worth it as the RTX 4090 price is $1699. Is there no other way he can use his CPU to earn money while idle?

Thanks for the research.
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September 22, 2023, 10:42:58 PM
 #12

So its useless..hmm..

Unless @OP buys a new GPU, that isn't worth it as the RTX 4090 price is $1699. Is there no other way he can use his CPU to earn money while idle?

Thanks for the research.

Best bet is to become a Validator on other blockchain projects aside from Bitcoin. I wouldn't even recommend ethereum because the outcome will almost be the same as BTC. Newer blockchains that require validators to use GPU machines that matches the spec of OP's machine. But since most of these chains require a substantial stake in order to validating nodes to participate, it's going to be a hurdle.

I'm inclined to go with others, just sell the machine or do something better with the machine. The mining game is super competitive right now.

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September 23, 2023, 02:13:32 AM
 #13

The specifications suggest it isn't a powerful PC. I'm not sure if there is even an unknown altcoin you can mine with it. If you are familiar with play-to-earn crypto games, however, you might want to explore possibilities. Some friends are into it and I assume they're earning decent amounts, or at least not cents. I mean, they still devote much of their time into it so I suppose it's not a total waste of time. To be specific, there are level-up play-to-earn crypto games, so you can just leave your PC running and idle while your character is farming or whatever.

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September 23, 2023, 03:20:27 AM
 #14

Thanks for all the suggestions. I have read all the posts above and understand if I can't use that PC for mining cryptocurrency because operational costs are higher than profits. Maybe I will think of selling it for BTC, or maybe I will open a rental VR Box on my country malls because it is quite promising. For 15 minutes rent I will get paid about $2 and do DCA. I've checked, for visualization on a PC requires high specifications, and it's enough suitable on my PC. I just need VR box equipment to begin.

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September 23, 2023, 04:44:54 AM
 #15

Even if you had better hardware in your PC I'd say it is not the best time to mine altcoins because these days altcoins are mostly dumping and for mining altcoins to be most profitable you want the pump season where they go higher as they get pumped and most importantly you have a larger number of choices that you can switch to each time one of them stops pumping.

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September 23, 2023, 07:41:19 AM
 #16

Thanks for all the suggestions. I have read all the posts above and understand if I can't use that PC for mining cryptocurrency because operational costs are higher than profits. Maybe I will think of selling it for BTC, or maybe I will open a rental VR Box on my country malls because it is quite promising. For 15 minutes rent I will get paid about $2 and do DCA. I've checked, for visualization on a PC requires high specifications, and it's enough suitable on my PC. I just need VR box equipment to begin.
This is much better than of using that for mining because you'll barely get something from doing that. You can just go back to this plan of yours of mining again when you've got a decent amount from the profit that you'll make from this rental VR business that you'll start.
If someday you still want to explore and know what to mine with the current setup that you have or you will have in the nearest future, just check what you can potentially mine: https://whattomine.com/

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September 23, 2023, 08:36:07 AM
 #17

So what should I do to earn profit when have a PC not used and lying idle in my home?. I have armagedon 29' monitor, core i5 9 generation, 16 GB Ram and GPU 1030 GTX 2GB. I actually intend to mining, but I don't know what coins I can mine with my PC specification. It's clear enough make me lose when mining Bitcoin or top coin market cap. 

You have a computer system indeed but having that is not enough to mine bitcoin, there are other set up required to bring together to form a mining rig, you can consider ant miner along with other requirements such as electricity connectivity being steady, the required task in solving complex arithmetic equations through PoW and the technical experience and skills needed for being a miner, if you can meet up with these, you're good for a start, i will not advise you to venture into other cryptocurrencies cloud mining because they are almost a waste of time, it's more better to engage your computer system on other digital skills than cloud mining.

R


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September 23, 2023, 10:32:19 AM
 #18

So its useless..hmm..
Unless @OP buys a new GPU, that isn't worth it as the RTX 4090 price is $1699. Is there no other way he can use his CPU to earn money while idle?

Buying the top-tier GPU was not really a solution for early ROI, rather than a brand new 4090 he would be better with a late 2x series, the difference in initial capital is doubling the time you need to run it. Anyhow, GPU mining is dead, makes no sense!
As for the CPU, again, who would pay him something that makes it worth the effort when he could simply buy that computational power from a data center, far cheaper, you can buy a dedicated CPU for 20$ that beats the crap out of that configuration for 20$ a month, with full support and 24/7 , why would someone pay you more for it?

How I said a few times, before, it's time to let it go, the times of earning money while watching your 3 years old computer do stuff alone are gone.

or maybe I will open a rental VR Box on my country malls because it is quite promising. For 15 minutes rent I will get paid about $2 and do DCA. I've checked, for visualization on a PC requires high specifications, and it's enough suitable on my PC.

VR on a 1030 with 2GB, are you sure?
 

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September 23, 2023, 11:49:13 AM
 #19

I don't see any problem, assuming the content itself (whether it's game, 3D video or something else) isn't very demanding.

If you're going to charge people 2$ for 10 minutes of pong I don't see that many customers making a queue to your stall. I had a few years ago 1060 and was struggling to get anything that was mid-tier by that time, it was the absolute minimum for an Oculus, and the Reverb I have now won't even run on it, for people to really enjoy it and come back 2160 x 2160 is the deal and you won't be squeezing that out of the first two generations in a game except the 2080ti.

Anyhow, at this point, this is more like a project development material topic, and I still think that my initial advice (sell it) is still the best one.




 


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