CPU mining ⛏
Forums › General Discussion › CPU mining ⛏-
How many of you are mining cryptocurrencies? I don’t bother with GPU as it’s too much of a competition... but CPU mining seems to be the next big thing and I get a few dollars a day from it! 💵
I’m in a group on telegram that has a lot of discussions about which is the best coin to mine and profits etc. Check it out...
https://t.me/CPUtalk
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Do you consider electricity, cooling, hardware cost, and your time in that few dollars a day?
Most profitable crypto processing operations I’ve seen have to steal resources from distributed botnets or maicious web applets. Either that or the particular chains you are working might have artificially inflated value.
I’m curious to see how you are profiting.
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Amazing that crypto mining has had the dramatic affect on energy consumption. What a stupid waste in these times. Wile I’m not a strong Green type and not fully bought into global warming / climate change as a economic determinant, I do think smart energy use in general is wise and CCM is not.
Amazed this is not more widely discussed.
Agree brown, seems most profits come from passing mining costs on to others one way or another.
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Brown🎵Note wrote:
Suppose I’m lucky enough to have electricity included in my bills regardless of the amount I use and I’m always looking to see how I can lighten the load.. I agree about costs/wasted energy etc. As I do not have to take that into account so it’s all green for me..
It also depends on what you’re mining with and what coin- I know a guy that has hundreds of raspberry pi’s which consumes something like 80% less power than a typical server .. I think if someone can come up with something like a usb asci miner for cpu purposes then that would stop the need for all that wasted energy computing algos..
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Also- if you’re mining something like a cryptonight coin it goes on your cache size and doesn’t ramp your cpu to 100% - so in that respect it can save energy, only downside is you’re competing with GPU miner if you’re mining that particular algo
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OttoNorse wrote:
Its kind of like mining a coin that stops deforestation.. if you just payed them the wasted electricity they’d probably be able to do more but people want to see that they’re getting something whilst helping others..
Kind of like biblepay coin.. that’s a crazy business model
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Sorry if this sounds realllllyyyy dumb. But what is it exactly like the whole process? I've heard of it definitely but I never saw someone explain it
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We catch people at work using work electric and network to mine cryptocurrency. They get fired on the spot. I've seen it happen twice just this year.
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welz wrote:
Brown🎵Note wrote:
Suppose I’m lucky enough to have electricity included in my bills regardless of the amount I use and I’m always looking to see how I can lighten the load.. I agree about costs/wasted energy etc. As I do not have to take that into account so it’s all green for me..
Saying “it’s all green to me” completely undermines and ignores the entire use and meaning of “green.” It’s not about you, it’s the use and waste of energy, which unless we go solar (or nuclear, I guess) is a finite resource. It’s not green “to you,” you just don’t care.
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415 - What? Are you stoned bruh?
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Agree with Brown. Small scale crypto mining is not profitable unless you live in a college dorm with free electric. Crypto trading is where the money is...
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Its not just cpu.. its been graphics cards and ram
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L U C A wrote:
415 - What? Are you stoned bruh?
No, damn. I was dead sober. Maybe I should rewrite it when I’m drunk? And I’m a publisher writer, too. 😄
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I think you missed a play on the word green.
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⇚❹☠❶☠❺⇛ wrote:
415...you leave calif for nyc and the language changes😉L U C A wrote:
415 - What? Are you stoned bruh?
No, damn. I was dead sober. Maybe I should rewrite it when I’m drunk? And I’m a publisher writer, too. 😄
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m00sekill wrote:
⇚❹☠❶☠❺⇛ wrote:
415...you leave calif for nyc and the language changes😉L U C A wrote:
415 - What? Are you stoned bruh?
No, damn. I was dead sober. Maybe I should rewrite it when I’m drunk? And I’m a publisher writer, too. 😄
Whassamatta for you, you fucking hump? 😄 Man, I’ve been working on huge research projects. Brain fry, my man.
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L U C A wrote:
I think you missed a play on the word green.
I think I just missed — period.
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