Crypto Mining
- Thread starter FannyG
- Start date
You're wrong! Several coins can be mined on a laptop. You're referring to BTC and ETH which obviously can only be mined with expensive hardware! Get your facts straight!
Johnik
Regular Member
- Sep 3, 2019
- 330
- 418
Haha, yes. 5 years mining large scale, I have no idea.
If you want to make 10$ a month from your laptop, no problem, if it's worth to you.
I've heard of people mining cryptos worth between $300 to $900 monthly from home so it's a decent source of bonus cash!
Johnik
Regular Member
- Sep 3, 2019
- 330
- 418
But not from a laptop
Microprocessor
Banned - Multiple Rules Violations
- Jan 4, 2022
- 39
- 20
Or you can use watts as a power measurement.
An i7 lappie with a high end graphics card used to mine new gen coins will give a decent amount!
Johnik
Regular Member
- Sep 3, 2019
- 330
- 418
It looks like you already know which coin to mine. I don't see any point in this thread.
Just a reminder, your laptop won't be usable while mining. Also, you have to run it 24/7 for months, maybe a year to break even. It will overheat like hell. If you really want to mine, buy a desktop and put a dedicated GPU in it. It will be cheaper, will have higher hashrate and temps will be much lower.
Will look into it.
ADA Lovelace
Regular Member
- Jan 24, 2021
- 466
- 381
Nope, I'm just looking for proper advice and not assumptions and presumptions of which you have many!
Facebook BM ads
Banned - selling outside of the marketplace.
- Aug 10, 2021
- 267
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I think it's not that easy
lotsofmoney
Elite Member
- Aug 31, 2021
- 3,899
- 1,141
You cannot mine good coins with laptop. Some coins you may mine but they will be useless.
theeyeinside
Senior Member
- Aug 19, 2014
- 961
- 866
You cannot mine coins with a laptop and expect "profit"
The problem with mining is and has always been HARDWARE, If you can find it
You can buy Antminers on Bitmain.com. Before you do, determine your break even point (how many months)
AND your electricity cost (double the cost in the calculators because you must COOL the machine with AC
after you have heated it by mining)
Otherwise you need GPU cards. Check the prices on newegg and calculate the break even time and you
will see that it is many months to break even.
ALL MINING IS A BET. You are betting that you can mine and keep the coins until the price goes UP and that
your equipment does not fry from running it 24x7. If the price goes down, your ROI may stretch to months or years.
If you can keep the coins long term then your only risk is the hardware cost and a bit of electricity.
Example - On Bitmain.com today - Antminer S19J Pro - Bitcoin miner - 104 Terrahash per second - $11,024 USD
https://www.coinwarz.com/mining/bitcoin/calculator
3KW power consumption and $0.05 for electricity (this is a commercial rate) gives $19.61 profit per day
The break even point for this machine is 562 DAYS.
That is a LONG TIME
Sincerely,
The Eye
The problem with mining is and has always been HARDWARE, If you can find it
You can buy Antminers on Bitmain.com. Before you do, determine your break even point (how many months)
AND your electricity cost (double the cost in the calculators because you must COOL the machine with AC
after you have heated it by mining)
Otherwise you need GPU cards. Check the prices on newegg and calculate the break even time and you
will see that it is many months to break even.
ALL MINING IS A BET. You are betting that you can mine and keep the coins until the price goes UP and that
your equipment does not fry from running it 24x7. If the price goes down, your ROI may stretch to months or years.
If you can keep the coins long term then your only risk is the hardware cost and a bit of electricity.
Example - On Bitmain.com today - Antminer S19J Pro - Bitcoin miner - 104 Terrahash per second - $11,024 USD
https://www.coinwarz.com/mining/bitcoin/calculator
3KW power consumption and $0.05 for electricity (this is a commercial rate) gives $19.61 profit per day
The break even point for this machine is 562 DAYS.
That is a LONG TIME
Sincerely,
The Eye
Check out Helium. You need a special device for that though.