GPU and CPU Mining still lives on but only for mining altcoins like Ethereum or Monero.

Trying to compete against these more advanced miners using everyday at home computers or even high-end gaming computers to mine Bitcoin is a huge no-no as ASIC miners can perform many more calculations per second (known as Hashrate), which gives them an unfair advantage over consumer-grade computing hardware when it comes to mining Bitcoin. In 2013, chinese manufacturers developed the first ever ASIC miner (more on this later) which was far more efficient than all of its predecessors and to this day ASIC Miners have become the standard mining hardware of choice for mining Bitcoin.ĪSIC miners or application-specific integrated circuit miners are designed with one purpose and one purpose only, and that is to mine cryptocurrency. Shortly after GPU mining Bitcoin was enabled, another developer discovered how to mine Bitcoin using FPGA hardware, which resulted in GPU mining being put to rest as well.

Hence, CPU mining Bitcoin was put to rest in terms of mining Bitcoin. However, in 2010, a developer discovered that GPU or Graphical processing units (used in high end Gaming PCs) were even more efficient at Bitcoin Mining than CPUs. This was the beginning of the digital gold rush for early adopters. Mining Bitcoin using computing hardware in a race against each other by performing random guessing games of complex math problems for a chance to earn Bitcoin.īack when Bitcoin was brand new in 2009, and no one knew what its value would be today, you could mine around 50 Bitcoin a day on a laptop equipped with a CPU only. You can either pay real money to acquire it, exchange it with another cryptocurrency, or earn it through mining. Same as you suggested i do rather choose up to mine low-difficulty shitcoin than into these coins available in most pc miners.Bitcoin itself is a form of cryptocurrency that is used to exchange money between users safely. In any angle you wont really see it profitable for you which simply its a 'waste of time' rather but on general sense this do add up some exposure for those people who just recently jumped in to crypto mining which this thing will give some ideas but not really ideal to focus to make money. Im not really interested into these kind of mining where you would mostly select up those coins who are on top list and based on the hashes which your computer can give. And if you're lucky enough, the Bulll run will have surprises for you. You will definitely get more than a satoshi for your time. Software have clean and good UI.īetter yet, mine some shit-coin on a nodejs based miner. There's no option to mine another coin for now and usually mine xmr. It has level thing and you can get reward if you level up (i'm on lv 3 but i just received 1 satoshi reward each level, lol). Looks like nicehash or minergate, easy to use.

Honeyminer app for mac