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Author Topic: mine Bitcoin with a high end laptop  (Read 581 times)
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August 20, 2024, 05:57:44 AM
 #21

Well, OP, you got some correct answers already. However, I would like to add some perspectives that are different from others.
While it's impossible to mine Bitcoin with CPU and GPU anymore, you can get your rewards in Bitcoin by mining other coins. I remember many people mined ETH when it was POW, and they got their payment in Bitcoin using Nicehash. You can still use Nicehash if you want.

If your laptop has a dedicated graphics card, you may find some minable algorithms. A quick search from whattomine.com shows that if you have a 3070, you can mine the ZelHash algorithm and make $0.35 a day after the electricity cost. This is not much, but surely you can use it as pocket money.

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August 20, 2024, 09:05:33 AM
 #22

If your laptop has a dedicated graphics card, you may find some minable algorithms. A quick search from whattomine.com shows that if you have a 3070, you can mine the ZelHash algorithm and make $0.35 a day after the electricity cost. This is not much, but surely you can use it as pocket money.

Probably a daily anomaly, either the price pumped or the hash rate moved away from the coin, both NH and WTM show a 38cents income, so even if you play with 5cents per kwh you will end up with 16 cents, I don't know the power specific for laptop/desktop video card but mining with a laptop means you're going to have also CPU consumption, and those 16 cents are for 24/7.
$60 a year for a laptop that is worth at least $1000 is really, really a bad deal.

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August 20, 2024, 12:37:23 PM
 #23

Well, OP, you got some correct answers already. However, I would like to add some perspectives that are different from others.
While it's impossible to mine Bitcoin with CPU and GPU anymore, you can get your rewards in Bitcoin by mining other coins. I remember many people mined ETH when it was POW, and they got their payment in Bitcoin using Nicehash. You can still use Nicehash if you want.

If your laptop has a dedicated graphics card, you may find some minable algorithms. A quick search from whattomine.com shows that if you have a 3070, you can mine the ZelHash algorithm and make $0.35 a day after the electricity cost. This is not much, but surely you can use it as pocket money.
$0.30-0.35 profit per day from a laptop will be a very bad deal when it costs $1000. $110-130 profit per year and you still need to have electricity at a price of 5 cents. Such profit cannot be used as pocket money, or only once a year, if the laptop does not break.

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August 21, 2024, 06:00:44 AM
 #24

$0.30-0.35 profit per day from a laptop will be a very bad deal when it costs $1000. $110-130 profit per year and you still need to have electricity at a price of 5 cents. Such profit cannot be used as pocket money, or only once a year, if the laptop does not break.

Yeah. I have to agree with you and Stompix. But you know, there are some peoples who does not really cares about their laptops, desktops because either they did not buy it and got it as a gift from their parents, or it's their office laptop or desktop which they are going to use. So, they do not really cares if it's a big deal or not. They might need some extra money no matter how it comes. I often see teenagers use their devices like it's worth nothing. They do not really care if it will break or something. They will get a new one from their parents. But yeah, If you compare to the investment, it does not worth mining with a laptop.

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August 21, 2024, 09:05:18 AM
 #25

If your laptop has a dedicated graphics card, you may find some minable algorithms. A quick search from whattomine.com shows that if you have a 3070, you can mine the ZelHash algorithm and make $0.35 a day after the electricity cost. This is not much, but surely you can use it as pocket money.

It's also worth to mention 3070 is GPU for desktop, not laptop. Other website such as https://www.nicehash.com/profitability-calculator doesn't provide profitability for laptop's CPU or GPU either, which means we can't get somewhat accurate estimation.

$0.30-0.35 profit per day from a laptop will be a very bad deal when it costs $1000. $110-130 profit per year and you still need to have electricity at a price of 5 cents. Such profit cannot be used as pocket money, or only once a year, if the laptop does not break.

Yeah. I have to agree with you and Stompix. But you know, there are some peoples who does not really cares about their laptops, desktops because either they did not buy it and got it as a gift from their parents, or it's their office laptop or desktop which they are going to use. So, they do not really cares if it's a big deal or not. They might need some extra money no matter how it comes. I often see teenagers use their devices like it's worth nothing. They do not really care if it will break or something. They will get a new one from their parents. But yeah, If you compare to the investment, it does not worth mining with a laptop.

At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.

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September 11, 2024, 12:49:30 PM
 #26

I think it's technically possible but the chance to solve alone a block and get a reward with these difficulty levels is ultra low, practically zero.

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September 12, 2024, 07:47:55 AM
Merited by Churchillvv (1)
 #27

There are few other good ways.

1. Build a GPU mining rig, maybe with RTX4070s or similar, they take reasonable watts to run, good for home too, so direct the miner to Nicehash, it will find the most profitable coin for your mining rig and you will get paid in BTC every few hours or every 24 hrs.

2. Solo mine BTC, there are few BTC miners that use not less than 250-300watts to run, they are created for solo mining, every efficient for home mining but to hit a block can take forever, few people still manage to get lucky using these miners though.

Here is one called Lucky miner, it uses 28watts only and it has 1TH power.



Just plug in the wall socket, insert your BTC address and forget it there, one day you might get lucky, this is more like a lottery ticket hunt, but nothing is impossible.

3. You can just abandon the idea of mining at all, and start buying a small amount of BTC every week, even if it is $1 worth of BTC, it is another version of mining anyway, you just have to look at it this way, DCA strategy is still my own best mining strategy till date.
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September 12, 2024, 02:37:37 PM
 #28



$0.30-0.35 profit per day from a laptop will be a very bad deal when it costs $1000. $110-130 profit per year and you still need to have electricity at a price of 5 cents. Such profit cannot be used as pocket money, or only once a year, if the laptop does not break.

Yeah. I have to agree with you and Stompix. But you know, there are some peoples who does not really cares about their laptops, desktops because either they did not buy it and got it as a gift from their parents, or it's their office laptop or desktop which they are going to use. So, they do not really cares if it's a big deal or not. They might need some extra money no matter how it comes. I often see teenagers use their devices like it's worth nothing. They do not really care if it will break or something. They will get a new one from their parents. But yeah, If you compare to the investment, it does not worth mining with a laptop.

At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
I don't think a mining laptop will break in the first year, but there is a couple percent chance of breakage.  A friend told me that out of his mass of laptops, 5% broke in the first year and they were sent to warranty service.
And monitoring programs can be bypassed if one is willing.  I even remember a story when in our large stores sellers started mining on showcase laptops and said that it was testing Smiley

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September 13, 2024, 08:59:00 AM
 #29

At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
I don't think a mining laptop will break in the first year, but there is a couple percent chance of breakage.  A friend told me that out of his mass of laptops, 5% broke in the first year and they were sent to warranty service.
And monitoring programs can be bypassed if one is willing.  I even remember a story when in our large stores sellers started mining on showcase laptops and said that it was testing Smiley

But running laptop 24/7 with 100% CPU or GPU usage is definitely not wise idea. And while sellers may test their device through mining or other intensive task, it's not like they run it 24/7 for long time period. And regarding monitoring software, i don't expect average people can bypass or disable it without raising suspicion.

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September 13, 2024, 11:04:54 AM
 #30

No longer possible. It became obsolete some time in 2013.

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September 13, 2024, 04:09:50 PM
 #31

At least for device given by office or place they work, it'll raise question if it break quickly or may contain monitoring software.
I don't think a mining laptop will break in the first year, but there is a couple percent chance of breakage.  A friend told me that out of his mass of laptops, 5% broke in the first year and they were sent to warranty service.
And monitoring programs can be bypassed if one is willing.  I even remember a story when in our large stores sellers started mining on showcase laptops and said that it was testing Smiley

But running laptop 24/7 with 100% CPU or GPU usage is definitely not wise idea. And while sellers may test their device through mining or other intensive task, it's not like they run it 24/7 for long time period. And regarding monitoring software, i don't expect average people can bypass or disable it without raising suspicion.

Usually the laptop CPU is not used for mining, and in GPU mining it does not consume a lot of resources. Usually a laptop has one cooling system for the CPU and graphics card and it is not worth overheating the laptop for a small profit.

It all depends on the circumstances, when there was a good profit, the payback was from 6 to 12 months. You can buy an additional warranty for another 12 or 24 months.

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