50ouncebrew (OP)
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February 01, 2015, 02:56:47 AM |
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How much money will i make in a day with this cpu:
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Bit_Happy
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A Great Time to Start Something!
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February 01, 2015, 02:57:36 AM |
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Zero, no, sorry. The network is too powerful for a single CPU to have a chance.
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Sniar
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February 01, 2015, 03:02:23 AM |
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You would be lucky to get even a cent with a CPU at the current difficulty (Even with free power)...
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Shattered
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February 01, 2015, 03:14:27 AM |
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Without question, the answer is no. You would literally be better off standing outside trying to catch nickels falling from Mars.
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Bizmark13
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WikiScams.org - Information about Bitcoin Scams
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February 01, 2015, 03:25:51 AM |
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Definitely not worth it today. It used to be that CPU mining was worth it, but that was back in 2009 and 2010. By late 2010, CPU mining became obsolete because GPU mining was developed. Then in 2013, ASICs were developed which made even high-end GPUs obsolete. To put it into perspective, your CPU would be capable of ~6 MH/s while consuming 80W of power. A single USB Block Erupter which can be bought for $8 used on eBay can achieve 333 MH/s while consuming 2.5W of power. Even so, that Block Erupter would only earn you ~150,000 satoshis per year (worth about 30 cents) assuming that the difficulty doesn't increase. I'm getting about 6,000Khash/sec with a 6-core, 3.33GHz Xeon Mac Pro. I tried the -4way switch but it didn't seem to help.
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manselr
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February 01, 2015, 03:51:14 AM |
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Its not worth mining any coin unless the coin is new, from a joe pov.
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ranochigo
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February 01, 2015, 03:52:30 AM |
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A few satoshi, CPU mining is a thing of the past. GPU took over CPU mining late in the 2010. ASIC took over GPU at around 2013, the smallest ASIC miner, USB block erupter can mine Bitcoin more efficiently in terms of power consumption and space requirements. You can try mining GPU and ASIC resistant coins but there is no guarantee that the price will crash and you would lose your profits.
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inBitweTrust
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February 01, 2015, 03:52:49 AM |
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How much money will i make in a day with this cpu: Perhaps ethereum whenever it finally gets released can be mined on a cpu.
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Bizmark13
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February 01, 2015, 04:56:28 AM |
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Yeah, I forgot to say that it should be possible to mine CPU and GPU mineable altcoins and then convert them to BTC using an altcoin exchange such as Cryptsy. You wouldn't be mining Bitcoin directly, but you'd earn much more BTC this way. Here is a list of CPU mineable coins: http://www.cpucoinlist.com/And here is a site where you can compare the profitability of mining different coins: http://www.coinwarz.com/Don't bother mining any coins that use SHA-256 (e.g. Bitcoin, Peercoin) or Scrypt (e.g. Litecoin, Dogecoin) since these are dominated by specialized ASIC hardware.
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Fernandez
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February 01, 2015, 05:58:55 AM |
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I used to mine Primecoins on my two CPUs. Was fun to get the blocks, I think the reward was almost 20 then. Then the difficulty kept rising and I shut them down when it crossed 9.
I doubt there is any profitable enough CPU coin these days.
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fryarminer
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February 01, 2015, 06:13:30 AM |
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I had to check the date that this was posted. Twice. Excuse me now while I got outside and wait for nickels to fall from Mars.
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Q7
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February 01, 2015, 06:46:38 AM |
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Look under the altcoin annoucement page. You will have better luck mining newly launch cpu coins and then convert it to btc rather than mining btc directly, which basically yield nothing.
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caga
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www.secondstrade.com - 190% return Binary option
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February 01, 2015, 07:24:13 AM |
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How much money will i make in a day with this cpu: Mining bitcoin. Nada. Mining altcoin. Sure
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nextblast
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February 01, 2015, 07:50:21 AM |
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Good rig... but not for mining btc, unless you could build a time machine.
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dsattler
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February 01, 2015, 07:57:46 AM |
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Check out the "Monetary System" (MS) of Nxt, there are some coins which can only be "minted" by CPU. Here is a link: http://nxt.org/about/monetary-system/
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Bitcointalk member since 2013!
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elephantas1
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February 01, 2015, 07:14:01 PM |
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Good rig... but not for mining btc, unless you could build a time machine.
yeah the difficulty increasing even though the price dropped hard its totally not worth mining it
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cakir
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★ BitClave ICO: 15/09/17 ★
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February 01, 2015, 07:15:32 PM |
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You can mine XMG and sell them for BTC.
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| ,'#██+: ,█████████████' +██████████████████ ;██████████████████████ ███████: .███████` ██████ ;█████' `█████ #████# ████+ `████+ ████: ████, ████: .# █ ████ ;███+ ██ ███ ████ ████ ███' ███. '███, +███ #████ ,████ ████ ████ █████ .+██████: █████+ `███. ,███ ███████████████████████ ████ ████ ███████████████████████' :███ ███: +████████████████████████ ███` ███ █████████████████████████` ███+ ,███ ██████████████████████████ #███ '███ '██████████████████████████ ;███ #███ ███████████████████████████ ,███ ████ ███████████████████████████. .███ ████ ███████████████████████████' .███ +███ ███████████████████████████+ :███ :███ ███████████████████████████' +███ ███ ███████████████████████████. ███# ███. #██████████████████████████ ███, ████ █████████████████████████+ `███ '███ '████████████████████████ ████ ███; ███████████████████████ ███; ████ #████████████████████ ████ ███# .██████████████████ `███+ ████` ;██████████████ ████ ████ '███████#. ████. .████ █████ '████ █████ #████' █████ +█████` ██████ ,██████: `███████ ████████#;,..:+████████. ,███████████████████+ .███████████████; `+███████#,
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tss
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February 01, 2015, 07:18:02 PM |
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no sorry. you're a few years too late. what does it work out to? .2 cents per month?
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elephantas1
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February 01, 2015, 07:59:52 PM |
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You can mine XMG and sell them for BTC.
yeah you can but you will get cents for it which will not cover you electricity fees
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wadili89
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February 02, 2015, 12:17:53 AM |
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you will be lucky to buy a lolipop after a year of mining probabely you are 4.5 years late do visit hardware section to buy a miner to get start
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bitwarrior
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February 02, 2015, 03:03:26 AM |
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You might try using your CPU on mining bitcoins sing this link thread https://bitcointalk.org/index.php?topic=929196.0It can get you some small amount of bitcoins but it will not amount much. You can best try fetching free bitcoins from faucets instead than mining bitcoins using CPU. Others are suggesting by mining other altcoins which is quite possible and then exchanging them for bitcoins. good luck!
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mezmerizer9
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February 02, 2015, 03:40:13 AM |
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How much money will i make in a day with this cpu: No and it isn't worth with GPU too. Forget btc mining, those days are over. :/
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nwfella
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Well hello there!
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February 02, 2015, 04:58:03 AM |
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Absolutely not worth it. Unfortunately insofar as mining bitcoin is concerned you are literally several hardware evolutions behind the times. Even the next two evolutions (GPU's followed by FPGA's) are absolutely not worth mining with and if you take a look at the Mining speculation forum you'll find that even asic's that are over 3 or 4 months old are pretty much out of date and not expected to ROI at present.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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avatar_kiyoshi
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February 03, 2015, 07:16:08 AM |
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How much money will i make in a day with this cpu: For mining btc? i think 1-10 satoshi if you want to mining, try altcoin
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ronaldo40
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February 03, 2015, 09:01:44 AM |
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better use of mining tool, because the cpu is not intended for mining, fear not last long. but if the results via cpu comparable (large), could possibly be considered CMIIW
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Bitdonator
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February 03, 2015, 11:16:46 AM |
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Forget about that, you cant earn Bitcoin with CPU mining... you can only loose money on electricity bill. Better option for you is to find profitable CPU altcoin, and exchange mined altcoin for Bitcoin.... or simple visit faucet websites... you will earn much more than with CPU mining faucet list: http://www.kwaasteniet.eu/faucet/
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kwaasteniet
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February 03, 2015, 12:39:07 PM |
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How much money will i make in a day with this cpu: Probably 1 sathoshi. Don't waste your time and electricity with CPU mining. You can better visit faucets with that CPU. With this set of faucets you can earn +/- 20,000 satoshi/hr. It is not much but 20,000 times better than with CPU mining.
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pooya87
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February 03, 2015, 01:03:57 PM |
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because of the current high difficulty you can not use cpu for mining bitcoin you can take look here for some info https://bitcoinwisdom.com/bitcoin/difficulty
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totoy
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February 03, 2015, 01:17:21 PM |
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go mine wth your cpu
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Dread Pirate Roberts
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February 03, 2015, 06:40:51 PM |
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you should buy a special miner to mine bitcoin as fast if you only use your pc or higher part it will not helpfully
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Anillos2
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February 03, 2015, 07:43:31 PM Last edit: February 03, 2015, 07:56:05 PM by Anillos2 |
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How much money will i make in a day with this cpu: Look at these graphs: http://bitcoin.sipa.be/In 2011 (December) CPU mining gave very few mBTCs every day... Now It's even slower. If you like to mine, try another coin or purchase ASIC hardware.
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redsn0w
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#Free market
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February 03, 2015, 07:47:28 PM |
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How much money will i make in a day with this cpu: No , obviously no. It is not "suggested" and profitable mining bitcoin with cpu. I suggest you to avoid it....
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