Mining Bitcoins with old rigs

[Azgalush]

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts? Or any other type of service that would run in the background of my PC and generate Bitcoin like ThreadManager ( https://coingeneration.com/ ) and others.

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[Bizmark13]

With that setup, the amount of bitcoins you would mine would not make it worthwhile. People use ASICs to mine bitcoins. The age of CPU and GPU mining is over. You could try mining scrypt coins like Litecoin if you had a good graphics card but you say that yours is integrated so that's no good. Perhaps CPU coins could be mined with the processor since the one you've got seems average at least. These could then be traded for Bitcoins via an altcoin exchange like Cryptsy.

Or you could buy hashes from a cloud mining provider like CEX.IO or PB Mining. But these mining contracts aren't profitable unless you are interested in trading them. And you'll need BTC to buy them too, i.e. from another place like Coinbase or LocalBitcoins.com.

[Velkro]

My opinion? Service like https://coingeneration.com/ is not worth time.
Too little gain, too much trouble

[purplebanana]

No

You could buy BTC at CoinBase and then buy miners with them, or buy with USD directly.

[Azgalush]

Thanks, I shall try mining Primecoin. Lets if that makes any profit at all. :p

[Harley997]

If you wanted to buy "hashes" you could buy mining power at any of a number of cloud mining services.

I cannot recommend any as they are all overpriced and will likely never ROI.

[thisisverypointless]

If you want Mining power with the option the cash out, i would recommend;

Scrypt.cc


I recommend it just for the sheer fact you can cash out if you wanted to get rid of the hashing power

[Chemistry1988]

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts?

Instead of mining bitcoin, you can mine some "CPU-coins" with your CPU. Check http://cpucoinlist.com/ for details.

[ranochigo]

You cannot make a profit out of CPU mining in SHA256 mining anymore, not even scrypt mining or primecoin mining. Both SHA256  and Scrypt mining  have ASICs developed for them. Primecoin have GPU mining developed. Try mine some GPU and ASIC resistant coin.

[DrG]

Best way to make money out of that rig is to sell it at a garage sale or on eBay and use those funds to buy the crypto you want.  It would save time, your sanity, and electricity.

[InwardContour]

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts?

Instead of mining bitcoin, you can mine some "CPU-coins" with your CPU. Check http://cpucoinlist.com/ for details.

These coins will generally offer the same profitability in terms of BTC per KH/s that scrypt mining would, only you would need to incur the added expense of having to exchange the coins on an exchange for bitcoin

[nwfella]

More than likely not going to be profitable for you.  To increase likelihood of profitability (largely depends on your electricity costs tbh) check into more CPU-centric coins.  Quark, XPM, Drk, X13 coins, etc.

[DrG]

More than likely not going to be profitable for you.  To increase likelihood of profitability (largely depends on your electricity costs tbh) check into more CPU-centric coins.  Quark, XPM, Drk, X13 coins, etc.

Have you seen the difficulty on a CPU centric coin?  A 2.2GHz dual core that the op has won't even earn enough to replace the fan that would die after 3 years of 24/7 operation.  Mining at home is more or less a losing proposition.  It WAS profitable in the past, just not viable presently.

[Nawaytes]

my rig is so old, but I still use it to mining, it is impossible to mine bitcoin with the high difficulty. so I mine some altcoin with small difficulty.
i prefer mine x11 or x13 like darkcoin, lioncoin, cryptcoin. because i get good Hashrate with my old rig

[DrG]

my rig is so old, but I still use it to mining, it is impossible to mine bitcoin with the high difficulty. so I mine some altcoin with small difficulty.
i prefer mine x11 or x13 like darkcoin, lioncoin, cryptcoin. because i get good Hashrate with my old rig

Well as long as the hardware is capable of allowing GPUs to mine scyrpt, X11, X13 coins then yeah you're OK.  But that's not what I would consider old.  Something like a Celeron 333 or Pentium 75MHz rig - that would be old.  If it can support a PCIe Gen 2 slot it can probably mine.

[Soappa]

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts? Or any other type of service that would run in the background of my PC and generate Bitcoin like ThreadManager ( https://coingeneration.com/ ) and others.

Maybe you should simply forget about mining, and earn some bitcoin by providing services and joining a signature program (I can see you did that already).

[Soappa]

Best way to make money out of that rig is to sell it at a garage sale or on eBay and use those funds to buy the crypto you want.  It would save time, your sanity, and electricity.

Or he could use the old pc to manage his offline wallet.

[monim1]

Mining is not profitable as it was earlier. If you are thinking about mining BTC, then you are in the wrong way. BTC mining become even harder. So i suggest you to mine altcoin like Dogecoin, Reddcoin etc. I am mining with www.genesis-mining.com. They are providing the lowest rate. So you may also try.

[ranochigo]

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts? Or any other type of service that would run in the background of my PC and generate Bitcoin like ThreadManager ( https://coingeneration.com/ ) and others.

OP, please note that coingeneration is a confirmed scam, it does not payout.

[Azgalush]

Is there any way for those poor fellows like me, equipped with an Intel Dual core 2.2 GHz CPU and no GPU and no Bitcoins in their wallet to buy hashes, start mining some Bitcoin in tiny amounts? Or any other type of service that would run in the background of my PC and generate Bitcoin like ThreadManager ( https://coingeneration.com/ ) and others.

OP, please note that coingeneration is a confirmed scam, it does not payout.

I only took that as an example, it also used 100% of your CPU, even though task manager couldn't detect it.