Getting Started to not make a profit

[aarothepharo]

I stumbled across bit coin mining. I do have a fast computer with an i7. I want to mine for bit coins on the side, Not to sell out at the current rate but to keep them. Maybe one day they will be worth over $10,000. Are there any external GPU that are worth the effort of mining bitcoins?

[1715565349]

1715565349

[1715565349]

1715565349

[Newar]

No. Compare

https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison

vs.

https://en.bitcoin.it/wiki/Mining_hardware_comparison


Additional recommended reading:

https://bitcointalk.org/index.php?topic=834356.0
https://bitcointalk.org/index.php?topic=828169.0

[aarothepharo]

No. Compare

https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison

vs.

https://en.bitcoin.it/wiki/Mining_hardware_comparison


Additional recommended reading:

https://bitcointalk.org/index.php?topic=834356.0
https://bitcointalk.org/index.php?topic=828169.0

I read them all. It gives me the idea that bit coin mining is not going on at all now?

[RodeoX]

Mining is still going on, but it has gone to a new scale. You are not going to be profitable with a home computer. This is what a bitcoin mine looks like now:

[aarothepharo]

Thanks for the info. Looks like I am five years too late. Looks like if im interested in investing just for the possibility that a BTC might be worth 10,000usd one day, Ill just have to buy them.

[Etanllah]

Thanks for the info. Looks like I am five years too late. Looks like if im interested in investing just for the possibility that a BTC might be worth 10,000usd one day, Ill just have to buy them.

You definitely want to buy them as opposed to mine them. Even buying 1 will get you pretty far. Then you can turn around and invest portions of that Bitcoin into different investments: cloud mining, personal loan lending (BTCJam), crypto stocks (coinsortium).

[Neotox]

Thanks for the info. Looks like I am five years too late. Looks like if im interested in investing just for the possibility that a BTC might be worth 10,000usd one day, Ill just have to buy them.

or you can do cloud mining or buy some asic hardwares to mine bitcoins
but mining bitcoin with CPU or GPU is not possible now, you are late to the party

[petersiddle98]

I stumbled across bit coin mining. I do have a fast computer with an i7. I want to mine for bit coins on the side, Not to sell out at the current rate but to keep them. Maybe one day they will be worth over $10,000. Are there any external GPU that are worth the effort of mining bitcoins?

Just buy a asic or buy BTC directly. You would get much more...

[notlist3d]

Thanks for the info. Looks like I am five years too late. Looks like if im interested in investing just for the possibility that a BTC might be worth 10,000usd one day, Ill just have to buy them.

You need a asic to stand any chance.  If you have space and decent priced electricity its still possible to ROI, just much harder then it was.  And GPU's and CPU's are impossible to ROI.